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. Court records list 2 cases involving the company, including 2 filed by the company.
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.
Company details
Contact details
Smartbear Software India Private Limited's registered office is in Bangalore, Karnataka. Its website is getzephyr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Smartbear Software India Private Limited, buy the company report.
- 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
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Smartbear Software India Private Limited, buy the company report.
Financials of Smartbear Software India Private Limited
FY 2025 filings availableSmartbear Software India Private Limited reported revenue of ₹45.44 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.58 Cr | ||||
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| Net Profit (PAT) | ₹4.71 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 10.4% | ||||
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To see the full financial statements and ratios of Smartbear Software India Private Limited, buy the company report.
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 2 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 |
Peer comparison
Smartbear Software India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uneecops Workplace Solutions Private Limited | ₹46.67 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Deccan Digital Networks (Hyderabad) Private Limited | ₹46.55 Cr (FY 2024) | 7.0% | Chennai, Tamil Nadu, India | |||
| Aithent Technologies Private Limited | ₹46.38 Cr (FY 2025) | -33.0% | Gurugram, Haryana, India | |||
| Smartbear Software India Private Limitedthis company | ₹45.44 Cr (FY 2025) | ₹4.71 Cr | 10.4% | 51.0% | 83 | Bangalore, Karnataka, India |
| Gamma Cae Technologies Private Limited | ₹44.84 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Smartbear Software India Private Limited, buy the company report.
Auditor
Smartbear Software India Private Limited is audited by SUNIL SWAMY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL SWAMY & CO | FY 2023 | 013128S |
Shareholding
The shareholding of Smartbear Software India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Smartbear Software India Private Limited, buy the company report.
Legal cases
Smartbear Software India Private Limited has 2 court cases on record: 2 filed by Smartbear Software India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
To see the full case history of Smartbear Software India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Smartbear Software India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smartbear Software India Private Limited has a workforce of 83 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Smartbear Software India Private Limited, buy the company report.
Recent activity
Smartbear Software India Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Sreenivas Narayan ceased to be Director on 10 Oct 2025.
News
Frequently asked questions
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 has 3 current directors:
- Mary Theresa Quinn - Director
- Sreenivas Narayan - Director
- Aditya Nagaraj Bellur - Director
The latest financial statements of Smartbear Software India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 has 2 court cases on record: 2 filed by the company.
Smartbear Software India was incorporated on 01 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Smartbear Software India by revenue are Uneecops Workplace Solutions Private Limited, Deccan Digital Networks (Hyderabad) Private Limited, Aithent Technologies Private Limited, Gamma Cae Technologies Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Sreenivas Narayan ceased to be Director on 10 Oct 2025. Aditya Nagaraj Bellur was appointed as Director on 27 May 2019. Ajay Koomar ceased to be Director on 03 May 2019. Smartbear Software India has 8 board changes on record in total.
Smartbear Software India can be reached through the website getzephyr.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Smartbear Software India is at No. 84 Gurumurthappa Garden 6th Cross Sarakki Main Road J.P. Nagar, Bangalore, Karnataka, India – 560078.