MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-02-0033227
Solvy Tech Solutions Private Limited - internet in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹363.31 Cr
▼ 19% YoY
Net loss · FY 2025
₹203.44 Cr
Net margin -56%
EBITDA · FY 2025
-₹184.62 Cr
EBITDA margin -50.8%
Authorised capital
₹5.9 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹28.05 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
418
Provident fund records
About Solvy Tech Solutions Private Limited
Data last updated:
Solvy Tech Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 28 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2010PTC211814. Its GSTIN is 09AAPCS1780F1Z0 (Uttar Pradesh). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.9 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Surjendu Sekhar Kuila (Managing Director) and Mayank Gupta (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 503 5th Floor Bhikaji Cama Bhawan, Bhikaji Cama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹363.31 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹203.44 Cr (net margin -56%) and EBITDA of -₹184.62 Cr (EBITDA margin -50.8%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 97% over five years.
The company has about 418 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Easy POS and Zopper. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹28.05 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it; 3 cases are pending. The company has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹386.39 Cr; the latest was in March 2023.
Solvy Tech Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0033227). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zopper.com.
Company details
CIN U72200DL2010PTC211814
Registration Number 211814
Incorporation Date 28 December 2010
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-02-0033227
Key People
Surjendu Sekhar Kuila Managing Director Mayank Gupta Whole-Time Director Maneesh Goel Cfo Recognitions & Rankings of Solvy Tech Solutions
Contact details
Solvy Tech Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is zopper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address503 5th Floor Bhikaji Cama Bhawan, Bhikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryInternet, Online Financial Services
To see the full contact details of Solvy Tech Solutions Private Limited, buy the company report.
Comprehensive company report
Solvy Tech Solutions Private Limited - one report that includes everything
- 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
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Brands
Solvy Tech Solutions operates two associated brands: Easy POS and Zopper. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Web-based POS software is offered for small and medium businesses. | easypos.in | |
| API-enabled insurance distribution platform is provided for B2C companies. | zopper.com |
Business activity
The main business activity of Solvy Tech Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Solvy Tech Solutions Private Limited, buy the company report.
Financials of Solvy Tech Solutions Private Limited
FY 2024 filings availableSolvy Tech Solutions Private Limited reported revenue of ₹363.31 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹363.31 Cr ▼ 19%
Net loss · FY 2025
₹203.44 Cr margin -56%
EBITDA · FY 2025
-₹184.62 Cr margin -50.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 70%
5 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 396%
5 years · compounded
▼ 58%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 97%. EBITDA fell 77% 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 | -₹184.62 Cr | ||||
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| Net Profit (PAT) | -₹203.44 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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| Profitability | |||||
| EBITDA Margin | -50.8% | ||||
| Net Profit Margin | -56% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Solvy Tech Solutions Private Limited, buy the company report.
Board of directors and KMP of Solvy Tech Solutions Private Limited
Solvy Tech Solutions Private Limited currently reports 8 directors and 1 key managerial person. 18 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surjendu Sekhar Kuila | Managing Director | 06 Jul 2011 | 15 Years 4 Months | Current |
| Gagandeep Singh Chhina Also directs: Cello World Limited, Zivore Apparel Private Limited | Nominee Director | 09 Nov 2022 | 4 Years 0 Months | Current |
| Maneesh Goel | Cfo | 20 Nov 2023 | 2 Years 11 Months | Current |
| Anurag A Begwani | Nominee Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Sambasivam Kailasam | Nominee Director | 09 Nov 2022 | 4 Years 0 Months | Current |
| Vishal Vijay Gupta Also directs: Reed India Consulting LLP, Nephrocare Health Services Limited, Hungama Digital Media Entertainment Private Limited and 5 more | Nominee Director | 09 Nov 2022 | 4 Years 0 Months | Current |
Showing 6 of 9 current directors and KMP. View all directors and KMP
Auditor
Solvy Tech Solutions Private Limited is audited by Tarun Kandhari & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Tarun Kandhari & Co LLP | FY 2023 | 006108C/N500042 |
Shareholding
The shareholding of Solvy Tech Solutions 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solvy Tech Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹28.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2023 | 100770171 | Others | ₹30 Cr | Open | |
| 12 Apr 2023 | 100714208 | Others | ₹8 Cr | Satisfied | |
| 21 Jan 2021 | 100409974 | Hdfc Bank Limited | ₹20.05 Cr | Satisfied |
To see the full charge records of Solvy Tech Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Solvy Tech Solutions Private Limited has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹386.39 Cr; the latest was in March 2023.
Total deals
16
Secondary share transfers
8
Funding rounds
6
Rights issue
1
Acquisition
1
Disclosed funding
₹386.39 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round · Series E | ₹30 Cr | Investors: Creaegis |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Be Limitless LLP , 3 individuals Seller: 4 individuals |
| Jul 2018 | Acquisition | ₹3.3 Lakh | Buyer: Phonepe Limited Seller: Solvy Tech Solutions Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Nirvana Venture Advisors, Providence Consultants Private Limited , Blume Ventures Seller: Blume Ventures, 3 individuals |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Providence Consultants Private Limited Seller: 2 individuals |
To see the full deal history of Solvy Tech Solutions 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
Solvy Tech Solutions Private Limited has 8 court cases on record: 1 filed by Solvy Tech Solutions, 7 filed against it. 3 cases are pending and 5 are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Pending
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 3 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Service Lee Technologies Private Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, Agra, Uttar Pradesh | Court case (Original Suit) | Filed against the company by an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Interim or miscellaneous application | Filed against the company by M/S Jain Traders | Disposed |
To see the full case history of Solvy Tech Solutions 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 Solvy Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Solvy Tech Solutions has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Zopper Insurance Brokers Private Limited | U66000DL2020PTC373851 | |
| Blink Fix Private Limited | U72900DL2019PTC356122 |
To see the full group structure of Solvy Tech Solutions Private Limited, buy the company report.
Employees & EPFO
Solvy Tech Solutions Private Limited has a workforce of 418 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
418
Active EPFO establishments
1
Employee growth
10.29%
GST
Solvy Tech Solutions has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAPCS1780F1Z0 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solvy Tech Solutions Private Limited, buy the company report.
Recent activity
Solvy Tech Solutions Private Limited has 27 board changes on record since 2011: 9 appointments and 18 cessations. The latest: Vikram Gawande ceased to be Additional Director on 24 Sep 2025.
Ceased
Vikram Gawande ceased to be Additional Director.
Ceased
Karthik Reddy Bezawada ceased to be Nominee Director.
Appointed
Vikram Gawande was appointed as Director.
AGM
Solvy Tech Solutions Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
Charges
A charge registered on 12 Apr 2023 via Charge ID 100714208 with Others was fully satisfied on 19 Aug 2024.
Charges
A charge registered on 21 Jan 2021 via Charge ID 100409974 with Hdfc Bank Limited was fully satisfied on 22 Jul 2024.
Charges
A charge with Others of Rs. 30.00 Cr registered on 02 Aug 2023 with Charge ID 100770171 was modified on 11 Jul 2024.
Filing
Solvy Tech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Maneesh Goel was appointed as CFO.
Ceased
Anurag A Begwani ceased to be Additional Director.
Appointed
Anurag A Begwani was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100770171 was registered on 02 Aug 2023.
25 earlier events are in the company report.
News
Frequently asked questions
Solvy Tech Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in online financial services, within the internet industry. It was incorporated on 28 December 2010 (16+ years old) and is registered under CIN U72200DL2010PTC211814.
Solvy Tech Solutions has 9 current directors and KMP:
- Surjendu Sekhar Kuila - Managing Director
- Mayank Gupta - Whole-Time Director
- Gagandeep Singh Chhina - Nominee Director
- Anurag A Begwani - Nominee Director
- Sambasivam Kailasam - Nominee Director
- Vishal Vijay Gupta - Nominee Director
- Vikram Gawande - Director
- Bandi Nitish Prasad - Nominee Director
- Maneesh Goel - Cfo
The latest financial statements of Solvy Tech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Solvy Tech Solutions is 09AAPCS1780F1Z0, registered in Uttar Pradesh. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Solvy Tech Solutions is U72200DL2010PTC211814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvy Tech Solutions has 8 court cases on record: 1 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Solvy Tech Solutions was incorporated on 28 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Solvy Tech Solutions has 16 deals on record (8 secondary share transfers, 6 funding rounds, 1 rights issue), with disclosed funding of ₹386.39 Cr; the latest was in March 2023.
Vikram Gawande ceased to be Additional Director on 24 Sep 2025. Karthik Reddy Bezawada ceased to be Nominee Director on 21 Jan 2025. Vikram Gawande was appointed as Director on 21 Jan 2025. Solvy Tech Solutions has 27 board changes on record in total.
Yes, Solvy Tech Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-02-0033227).
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