About Smartbear Software India Private Limited
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Smartbear Software India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of D Software Inc.. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC072818. Its GSTIN is 29AAACZ7268G1ZT (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹99.62 Lakh. It was formerly known as Zapi Technologies India Private Limited. It is led by directors including Mary Theresa Quinn and Sreenivas Narayan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 8/4 Gurumurthappa Garden 6th Cross Sarakki Main Road J.P. Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.44 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹4.71 Cr (net margin 10.4%) and EBITDA of ₹8.58 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 31% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Zephyr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website getzephyr.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 8/4 Gurumurthappa Garden 6th Cross Sarakki Main Road J.P. Nagar, Bangalore, Karnataka, India – 560078
- IndustryInformation Technology, Software Development & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Smartbear Software India Private Limited
Smartbear Software India operates one associated brand: Zephyr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based test management for web and mobile applications is provided. | getzephyr.com |
Competitors & Alternatives of Smartbear Software India Private Limited
Brands and companies operating in the same space as Smartbear Software India Private Limited include BrowserStack, LambdaTest, Tricentis and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 BrowserStack | Cloud based suite of software testing solutions | Mumbai, India | 2011 |
 LambdaTest | Cloud-based cross-browser testing services are provided for web applications. | San Francisco, United States | 2017 |
 Tricentis | AI powered software testing suite | Vienna, Austria | 2007 |
 Cypress | Testing frameworks for JavaScript applications are provided by Cypress. | Atlanta, United States | 2014 |
 Testlio | Software testing suite solutions are provided for diverse applications. | Austin, United States | 2012 |
 Runnable | Code and applications are tested in self-managed Docker environments. | Palo Alto, United States | 2012 |
 walrus | Cloud-based automated testing for end-to-end bug detection is provided. | San Francisco, United States | 2009 |
Business Activity of Smartbear Software India Private Limited
The main business activity of Smartbear Software India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Smartbear Software India Private Limited
Smartbear Software India Private Limited is audited by SUNIL SWAMY & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUNIL SWAMY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Smartbear Software India Private Limited
Smartbear Software India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mary Theresa Quinn Also directs: Qmetry India Private Limited | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Sreenivas Narayan | Director | 21 Aug 2018 | 8 Years 1 Months | Current |
| Aditya Nagaraj Bellur Also directs: Ads Sensor Technik Private Limited, Qmetry India Private Limited, Norwich Clinical Services Private Limited and 1 more | Director | 27 May 2019 | 7 Years 4 Months | Current |
Financials of Smartbear Software India Private Limited FY 2025 filings available
Smartbear Software India Private Limited reported revenue of ₹45.44 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Smartbear Software India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 51% growth in the latest year. EBITDA rose 46% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Smartbear Software India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹8.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.71 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Smartbear Software India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Smartbear Software India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Smartbear Software India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Smartbear Software India Private Limited
Smartbear Software India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Smartbear Software India Private Limited
Smartbear Software India Private Limited has a workforce of 83 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Smartbear Software India Private Limited
Smartbear Software India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ7268G1ZT | Karnataka | Active | 14 Jul 2017 |
| 24AAACZ7268G1Z3 | Gujarat | Active | 07 Apr 2025 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Smartbear Software India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Smartbear Software India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Smartbear Software India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Smartbear Software India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Smartbear Software India Private Limited
Frequently Asked Questions about Smartbear Software India Private Limited
Smartbear Software India is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 January 2014 (12+ years old) and is registered under CIN U72200KA2014PTC072818.
Smartbear Software India reported revenue of ₹45.44 Cr for FY 2025 (up 51% YoY).
Smartbear Software India has 3 current directors:
- Mary Theresa Quinn - Director
- Sreenivas Narayan - Director
- Aditya Nagaraj Bellur - Director
Smartbear Software India reported a net profit of ₹4.71 Cr (net margin 10.4%) and EBITDA of ₹8.58 Cr (EBITDA margin 18.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Smartbear Software India is 58% over three years and 31% over five years. In the latest year (FY 2025) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Smartbear Software India is 29AAACZ7268G1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACZ7268G1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Smartbear Software India is U72200KA2014PTC072818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartbear Software India was incorporated on 01 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Smartbear Software India can be reached through the website getzephyr.com. Its registered office is in Bangalore, Karnataka, India.