Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited - internet in Bangalore North, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2015PTC082063 Incorporated 06 August 2015 ROC Bangalore HQ Bangalore North, Karnataka, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2025
₹826.2 Cr
▼ 16% YoY
Net loss · FY 2025
₹435.4 Cr
Net margin -52.7%
EBITDA · FY 2025
-₹305 Cr
EBITDA margin -36.9%
Authorised capital
₹243.46 Cr
Registered with MCA
Paid-up capital
₹25.44 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
1,440
Provident fund records
Directors on board
7
As per MCA filings

About Sorting Hat Technologies Private Limited

Data last updated:

Sorting Hat Technologies Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 06 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC082063. Its GSTIN is 29AAWCS1086R1Z3 (Karnataka). The company holds 29 GST registrations, all of them active.

The company has an authorised share capital of ₹243.46 Cr and a paid-up capital of ₹25.44 Cr. It is led by directors including Sumit Jain and Sujeet Kumar.

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 Bangalore North, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹826.2 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹435.4 Cr (net margin -52.7%) and EBITDA of -₹305 Cr (EBITDA margin -36.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 52% over five years.

The company has about 1,440 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.

The company is associated with 4 brands: Unacademy, SwifLearn, Mastree and Rheo. Court records list 111 cases involving the company, including 77 filed by the company and 24 filed against it; 16 cases are pending. The company has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026. Its 10 peer companies in the Ecommerce and Internet industry (Education) are compared by revenue, 5 larger and 5 smaller; the largest is Info Edge (India) Limited with revenue of ₹3,922.8 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unacademy.com.

Company Details of Sorting Hat Technologies Private Limited
CIN U72200KA2015PTC082063
Registration Number 082063
Incorporation Date 06 August 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    No 11/1 12/1 2nd Floor Block B Maruti Info – Tech Centre, Amarjyothi Layout Intermediate Ring Road, Bangalore North, Karnataka, India – 560071
  • Industry
    Internet, Online Education & Learning Platforms
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Financials, compliance, directors, charges, ownership and filings for Sorting Hat Technologies Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Sorting Hat Technologies Private Limited

The main business activity of Sorting Hat Technologies is professional, scientific and technical. In detail, this covers advertising and market research and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LockedLockedP4LockedLocked
MProfessional, Scientific and TechnicalM6Advertising and market researchLocked
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Sorting Hat Technologies Private Limited FY 2025 filings available

Sorting Hat Technologies Private Limited reported revenue of ₹826.2 Cr (down 16% YoY) for FY 2025.

Revenue · FY 2025
₹826.2 Cr ▼ 16%
Net loss · FY 2025
₹435.4 Cr margin -52.7%
EBITDA · FY 2025
-₹305 Cr margin -36.9%

Compounded Annual Growth Rate (CAGR) of Sorting Hat Technologies Private Limited

Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 1%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 52%
5 years · compounded
▲ 1%

Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 52%. EBITDA rose 38% 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 Sorting Hat Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹305 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹435.4 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Sorting Hat Technologies Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-36.9%••••••••••••••••
Net Profit Margin-52.7%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

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 Sorting Hat Technologies are in the company report.

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Financial statements from FY 2016

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Peer Comparison of Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Education). Its own revenue is ₹826.2 Cr.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Info Edge (India) Limited Listed₹3,922.8 Cr••••••••••••6,251New Delhi, Delhi, India
Navneet Education Limited Listed₹1,809.8 Cr••••••••••••1,465Mumbai, Maharashtra, India
Varsity Education Management Private Limited₹1,693.27 Cr••••••••••••1,634Mumbai, Maharashtra, India
Upgrad Education Private Limited₹1,649.99 Cr••••••••••••7,649Mumbai, Maharashtra, India
Idp Education India Private Limited₹1,060.33 Cr••••••••••••-New Delhi, Delhi, India
Sorting Hat Technologies Private Limited this company₹826.2 Cr••••••••••••-Bangalore North, Karnataka, India
Pearson India Education Services Private Limited₹737.18 Cr••••••••••••1,420Tambaram, Tamil Nadu, India
International Foundation for Research and Education₹575.11 Cr••••••••••••212New Delhi, Delhi, India
Whitehat Education Technology Private Limited₹484.72 Cr••••••••••••-Goregaon East, Maharashtra, India
KC Overseas Education Private Limited₹484.65 Cr••••••••••••659Nagpur, Maharashtra, India
Great Learning Education Services Private Limited₹470.8 Cr••••••••••••1,369New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Sorting Hat Technologies by revenue in the Ecommerce and Internet industry (Education), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.

Auditor Details of Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited is audited by B S R & Associates LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
B S R & Associates LLPLockedLockedLocked
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Board of Directors of Sorting Hat Technologies Private Limited

Sorting Hat Technologies has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sumit JainDirector14 Jun 20242 Years 3 MonthsCurrent
Sumer JunejaNominee Director28 Sep 20206 Years 0 MonthsCurrent
Sujeet KumarDirector18 Jun 20206 Years 3 MonthsCurrent
Shantanu RastogiNominee Director18 Mar 20206 Years 6 MonthsCurrent
Bhavin Mahendra TurakhiaDirector12 Feb 20188 Years 7 MonthsCurrent
Gaurav MunjalDirector06 Aug 201511 Years 2 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Ownership and Shareholding of Sorting Hat Technologies Private Limited

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Charges & Borrowings of Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026.

Total deals
24
Funding rounds
12
Secondary share transfers
10
Rights issue
1
Acquisition
1
Disclosed funding
₹6,668.81 Cr

Deals on record (5 of 24)

WhenDealAmountParties
Sep 2026Acquisition₹1,901.8 CrBuyer: Upgrad Education Private Limited
Mar 2024Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Mar 2023Secondary share transferUndisclosedBuyer: Neptune Holdings Investments Inc
Seller: an individual
May 2022Secondary share transferUndisclosedBuyer: Neptune Holdings Investments Inc
Seller: an individual
Aug 2021Funding round · Series H₹3,217.84 CrInvestors: Temasek, Softbank, General Atlantic
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Sorting Hat Technologies Private Limited

Sorting Hat Technologies operates multiple associated brands including Unacademy, SwifLearn, and Mastree. Each brand links to its own profile.

BrandDescriptionWebsite
Online educational resources and courses for exam preparation are provided.unacademy.com
Online platform providing live tutoring solution for K-12 studentsswiflearn.com
Instructor-led online English classes are offered for children's speaking skills.mastree.com
Online platform for streaming video gamesrheo.com

Employees and EPFO Compliance at Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited has a workforce of 1,440 employees as of Aug 20, 2024.

Employee count
1,440
Active EPFO establishments
2
Employee growth
-54.55%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Sorting Hat Technologies Private Limited

Sorting Hat Technologies has 7 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

7
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Sorting Hat Solutions Private LimitedU22219KA2022PTC161167Locked
Pilani Experts Technology Labs Private LimitedU72400KA2016PTC085818Locked
Ono Labs Private LimitedU72900KA2019PTC129510Locked
Graphy Labs Private LimitedU74999KA2014PTC166340Locked
Fjs Tech Private LimitedU74999KA2018PTC175892Locked
Incassable Technologies Private LimitedU80220KA2019PTC176282Locked

Showing major subsidiaries. Total: 7.

Recent Activity on Sorting Hat Technologies Private Limited

Sorting Hat Technologies Private Limited has 15 board changes on record since 2015: 7 appointments and 8 cessations. The latest: Samad Iqbal Shariff ceased to be Company Secretary on 30 Nov 2024.

AGM
Sorting Hat Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sorting Hat Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Samad Iqbal Shariff ceased to be Company Secretary.
Ceased
Sumit Jain ceased to be Additional Director.
Appointed
Sumit Jain was appointed as Director.
Ceased
Hemesh Kumar Singh ceased to be Director.
Ceased
Sameer Verma ceased to be Nominee Director.
Ceased
Mukul Arora ceased to be Nominee Director.
Appointed
Sumer Juneja was appointed as Nominee Director.
Ceased
Sujeet Kumar ceased to be Additional Director.
Appointed
Sujeet Kumar was appointed as Director.
Appointed
Shantanu Rastogi was appointed as Nominee Director.

6 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Sorting Hat Technologies Private Limited

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MSME Payment Delays by Sorting Hat Technologies Private Limited

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Subsidiaries & Group Companies of Sorting Hat Technologies Private Limited

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GST Compliance of Sorting Hat Technologies Private Limited

Sorting Hat Technologies has 29 GST registrations: 29 active. The first 4 active GSTINs are listed below.

Total GSTINs
29
Active
29
GSTINStateStatusRegistered on
29AAWCS1086R1Z3KarnatakaActive01 Jul 2017
29AAWCS1086R1CEKarnatakaActive18 Oct 2021
29AAWCS1086R2Z2KarnatakaActive01 Apr 2022
08AAWCS1086R1Z7RajasthanActive23 Jan 2019
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MCA Filings & Documents of Sorting Hat Technologies Private Limited

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Frequently Asked Questions about Sorting Hat Technologies Private Limited

Sorting Hat Technologies is an active private limited company based in Bangalore North, Karnataka, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 06 August 2015 (11+ years old) and is registered under CIN U72200KA2015PTC082063.

Sorting Hat Technologies reported revenue of ₹826.2 Cr for FY 2025 (down 16% YoY).

Sorting Hat Technologies has 7 current directors:

Sorting Hat Technologies reported a net loss of ₹435.4 Cr (net margin -52.7%) and EBITDA of -₹305 Cr (EBITDA margin -36.9%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Sorting Hat Technologies is -1% over three years and 52% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Sorting Hat Technologies is 29AAWCS1086R1Z3, registered in Karnataka. The company has 29 GST registrations in all, of which 29 are active. Other active GSTINs include 29AAWCS1086R1CE (Karnataka), 29AAWCS1086R2Z2 (Karnataka), 08AAWCS1086R1Z7 (Rajasthan).

The CIN (Corporate Identification Number) of Sorting Hat Technologies is U72200KA2015PTC082063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sorting Hat Technologies has 111 court cases on record: 77 filed by the company and 24 filed against it. 16 are pending. Most are in the high courts.

Sorting Hat Technologies was incorporated on 06 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Sorting Hat Technologies has 24 deals on record (12 funding rounds, 10 secondary share transfers, 1 rights issue), with disclosed funding of ₹6,668.81 Cr; the latest was in September 2026.

The peers of Sorting Hat Technologies by revenue are Info Edge (India) Limited, Navneet Education Limited, Varsity Education Management Private Limited, Upgrad Education Private Limited, Idp Education India Private Limited and 5 more, all in the Ecommerce and Internet industry (Education).

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