About Smartcoin Financials Private Limited
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Smartcoin Financials Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 23 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67110KA2015PTC084272. Its GSTIN is 29AAWCS4288F1ZI (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹6.1 Lakh and a paid-up capital of ₹3.03 Lakh. It is led by directors including Amit Chandel and Vinay Kumar Singh.
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 Indiqube Gamma No.293/154/172, 2nd Floor Outer Ring Road Kadubeesanahalli Bengaluru Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹355.02 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹25.98 Cr (net margin 7.3%) and EBITDA of ₹60.06 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 99% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: UpMove and Olyv. As per MCA filings, the company has open charges of ₹44.4 Cr and satisfied charges of ₹15 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 7 cases are pending. The company has 16 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹420.51 Cr; the latest was in January 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartcoin.co.in.
Company details
Contact details
Smartcoin Financials Private Limited's registered office is in Bangalore, Karnataka. Its website is smartcoin.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIndiqube Gamma No.293/154/172, 2nd Floor Outer Ring Road Kadubeesanahalli Bengaluru Bangalore, Karnataka, India – 560103
- IndustryInternet, Online Financial Services
To see the full contact details of Smartcoin Financials 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
Smartcoin Financials operates two associated brands: UpMove and Olyv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Capital loans for small and medium enterprises are provided. | upmove.in | |
| Personal loans and savings options are provided for users. | olyv.co.in |
Business activity
The main business activity of Smartcoin Financials is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Smartcoin Financials Private Limited, buy the company report.
Financials of Smartcoin Financials Private Limited
FY 2025 filings availableSmartcoin Financials Private Limited reported revenue of ₹355.02 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 99% over five years, including 41% growth in the latest year. EBITDA rose 74% 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 | ₹60.06 Cr | ||||
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| Net Profit (PAT) | ₹25.98 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 | 16.9% | ||||
| Net Profit Margin | 7.3% | ||||
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To see the full financial statements and ratios of Smartcoin Financials Private Limited, buy the company report.
Board of directors of Smartcoin Financials Private Limited
Smartcoin Financials has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Chandel | Director | 12 Jan 2017 | 9 Years 9 Months | Current |
| Vinay Kumar Singh | Director | 23 Nov 2015 | 10 Years 11 Months | Current |
| Jayant Upadhyay Also directs: Upmove Capital Private Limited | Director | 13 Apr 2016 | 10 Years 6 Months | Current |
| Rohit Garg Also directs: Upmove Capital Private Limited | Director | 12 Jan 2017 | 9 Years 9 Months | Current |
Auditor
Smartcoin Financials Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Smartcoin Financials 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Smartcoin Financials Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2025 | 101180611 | Others | ₹4.4 Cr | Open | |
| 27 Mar 2025 | 101110750 | Others | ₹10 Cr | Open | |
| 03 Mar 2025 | 101052820 | Sidbi | ₹10 Cr | Open | |
| 22 Dec 2023 | 100914787 | Others | ₹10 Cr | Open | |
| 30 Oct 2023 | 100814757 | Others | ₹10 Cr | Open |
To see the full charge records of Smartcoin Financials Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Smartcoin Financials Private Limited has 16 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹420.51 Cr; the latest was in January 2026.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Funding round · Series B | ₹46.32 Cr | Investors: Lightrock India (LGT Lightstone Aspada), Accion International, Pivotal Business Managers LLP |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Unicorn India Ventures Seller: Art Venture Finance (India) Private Limited |
| Feb 2020 | Funding round | ₹3.75 Cr | Investors: Anita Lifestyle Udyog LLP |
| May 2019 | Secondary share transfer | Undisclosed | Buyer: Art Venture Finance (India) Private Limited Seller: an individual |
| Feb 2017 | Funding round · Seed | ₹1.72 Cr | Investors: Unicorn India Ventures, Forward Slash Capital, Pivotal Business Managers LLP |
To see the full deal history of Smartcoin Financials Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smartcoin Financials Private Limited has 16 court cases on record: 2 filed by Smartcoin Financials, 14 filed against it. 7 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 6 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Court case (IP) | Filed against the company by Karunya | Disposed |
| District court, Coimbatore, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Salem, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
To see the full case history of Smartcoin Financials 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 Smartcoin Financials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Smartcoin Financials has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Upmove Capital Private Limited | U65999KA2018PTC113488 |
To see the full group structure of Smartcoin Financials Private Limited, buy the company report.
Employees & EPFO
Smartcoin Financials Private Limited has a workforce of 15 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Smartcoin Financials has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS4288F1ZI | Karnataka | Active | 01 Jul 2017 |
| 29AACCU2546A1ZL | Karnataka | Active | 06 Jun 2019 |
| 29AAWCS4288F1CT | Karnataka | Active | 07 May 2022 |
| 27AAWCS4288F1CX | Maharashtra | Active | 22 Jul 2022 |
To see the full GST registrations and return filing status of Smartcoin Financials Private Limited, buy the company report.
Recent activity
Smartcoin Financials Private Limited has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Kartik Srivatsa ceased to be Nominee Director on 12 Mar 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Smartcoin Financials is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 23 November 2015 (11+ years old) and is registered under CIN U67110KA2015PTC084272.
Smartcoin Financials has 4 current directors:
- Amit Chandel - Director
- Vinay Kumar Singh - Director
- Jayant Upadhyay - Director
- Rohit Garg - Director
The latest financial statements of Smartcoin Financials 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 FY 2016 are in the company report.
The GSTIN of Smartcoin Financials is 29AAWCS4288F1ZI, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AACCU2546A1ZL (Karnataka), 29AAWCS4288F1CT (Karnataka), 27AAWCS4288F1CX (Maharashtra).
The CIN (Corporate Identification Number) of Smartcoin Financials is U67110KA2015PTC084272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartcoin Financials has 16 court cases on record: 2 filed by the company and 14 filed against it. 7 are pending. Most are in the district courts.
Smartcoin Financials was incorporated on 23 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Smartcoin Financials has 16 deals on record (8 funding rounds, 5 secondary share transfers, 2 convertible or debt financings), with disclosed funding of ₹420.51 Cr; the latest was in January 2026.
Kartik Srivatsa ceased to be Nominee Director on 12 Mar 2025. Ashish Garg ceased to be Nominee Director on 09 Nov 2022. Bhaskar Majumdar ceased to be Additional Director on 30 Sep 2019. Smartcoin Financials has 9 board changes on record in total.
Smartcoin Financials can be reached through the website smartcoin.co.in. Its registered office is in Bangalore, Karnataka, India.
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