About Speckle Internet Solutions Private Limited
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Speckle Internet Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 20 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC098121. Its GSTIN is 36AAVCS5938D2ZS (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.59 Lakh. It is led by directors including Thomas John Muthoot and Thomas George Muthoot.
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 Paymatrix Cie Vindhya C4 Iiit – Hyderabad Gachibowli, Telangana, India – 500032.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.91 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹53.37 Lakh (net margin -79.8%) and EBITDA of -₹17.04 Lakh (EBITDA margin -25.5%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 24% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Docukart and Paymatrix. The company has 13 deals on record (5 funding rounds, 4 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹6.06 Cr; the latest was in June 2021. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Asianpe Innovation Private Limited with revenue of ₹67.43 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paymatrix.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPaymatrix Cie Vindhya C4 Iiit – Hyderabad Gachibowli, Telangana, India – 500032
- IndustryInternet, Online Service Marketplaces
- 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
Business Activity of Speckle Internet Solutions Private Limited
The main business activity of Speckle Internet Solutions 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.
Financials of Speckle Internet Solutions Private Limited FY 2025 filings available
Speckle Internet Solutions Private Limited reported revenue of ₹66.91 Lakh (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Speckle Internet Solutions Private Limited
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 91% 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 Speckle Internet Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹17.04 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹53.37 Lakh | •••• | •••• | •••• | •••• |
| 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 Speckle Internet Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -79.8% | •••• | •••• | •••• | •••• |
| 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 Speckle Internet Solutions 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.
Peer Comparison of Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Asianpe Innovation Private Limited | ₹67.43 Lakh (FY 2024) | •••• | •••• | 369.0% | •••• | Vadodara, Gujarat, India |
| Astrazure E Ventures Private Limited | ₹67.3 Lakh (FY 2024) | •••• | •••• | 80.0% | •••• | Delhi, India |
| Valley Monks Private Limited | ₹67.21 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Bengaluru, Karnataka, India |
| Socialkonnekt Media Private Limited | ₹67.16 Lakh (FY 2025) | •••• | •••• | 112.0% | •••• | Thane, Maharashtra, India |
| Zasyaonline Private Limited | ₹67.13 Lakh (FY 2024) | •••• | •••• | 457.0% | •••• | Pallavaram, Tamil Nadu, India |
| Speckle Internet Solutions Private Limited this company | ₹66.91 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Hyderabad, Telangana, India |
| Mali Kaka India Private Limited | ₹66.89 Lakh (FY 2024) | •••• | •••• | 387.0% | •••• | Bishrakh, Uttar Pradesh, India |
| Epoise Systems Private Limited | ₹66.57 Lakh (FY 2018) | •••• | •••• | 83.0% | •••• | Bangalore, Karnataka, India |
| Mystudia Private Limited | ₹66.37 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | Ahmedabad, Gujarat, India |
| Tech Archie India Private Limited | ₹66 Lakh (FY 2025) | •••• | •••• | 851.0% | •••• | Pune, Maharashtra, India |
| Besstoo Facilities Private Limited | ₹65.96 Lakh (FY 2022) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Speckle Internet Solutions by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited is audited by Brahmayya & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Brahmayya & 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 Speckle Internet Solutions Private Limited
Speckle Internet Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thomas John Muthoot Also directs: Muthoot Automotive (India) Private Limited, Muthoot Automobile Solutions Private Limited, Muthoot Hotels Private Limited and 5 more | Director | 24 Jun 2021 | 5 Years 3 Months | Current |
| Thomas George Muthoot Also directs: Muthoot Microfin Limited, Muthoot Infrastructure Private Limited, Muthoot Automotive (India) Private Limited and 5 more | Director | 24 Jun 2021 | 5 Years 3 Months | Current |
| Thomas Muthoot Also directs: Muthoot Microfin Limited, Muthoot Automotive (India) Private Limited, Muthoot Automobile Solutions Private Limited and 5 more | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Speckle Internet Solutions 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 Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited has 13 deals on record (5 funding rounds, 4 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹6.06 Cr; the latest was in June 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Muthoot Fincorp Limited Seller: SucSEED Venture Partners, CIE IIIT Hyderabad |
| Apr 2021 | Funding round | ₹93.3 Lakh | Investors: CIE IIIT Hyderabad, 3 individuals |
| Jul 2020 | Acquisition | ₹5 Lakh | Buyer: CIE IIIT Hyderabad |
| Nov 2017 | Funding round · Pre-Series A | ₹60.6 Lakh | Investors: CIE IIIT Hyderabad, 3 individuals |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Speckle Internet Solutions Private Limited
Speckle Internet Solutions operates two associated brands: Docukart and Paymatrix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub for drafting and managing legal agreements. | docukart.in | |
| Rent payments and collections are streamlined via a SaaS platform. | paymatrix.in |
Employees and EPFO Compliance at Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited has a workforce of 3 employees as of Apr 02, 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.
News related to Speckle Internet Solutions Private Limited
Recent Activity on Speckle Internet Solutions Private Limited
Speckle Internet Solutions Private Limited has 15 board changes on record since 2015: 9 appointments and 6 cessations. The latest: Guguloth Muralidharnayak ceased to be Whole-Time Director on 31 Mar 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Speckle Internet Solutions 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 Speckle Internet Solutions 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 Speckle Internet Solutions 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.
GST Compliance of Speckle Internet Solutions Private Limited
Speckle Internet Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAVCS5938D2ZS | Telangana | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Speckle Internet Solutions 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.
Frequently Asked Questions about Speckle Internet Solutions Private Limited
Speckle Internet Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 20 March 2015 (11+ years old) and is registered under CIN U72200TG2015PTC098121.
Speckle Internet Solutions reported revenue of ₹66.91 Lakh for FY 2024 (down 55% YoY).
Speckle Internet Solutions has 3 current directors:
- Thomas John Muthoot - Director
- Thomas George Muthoot - Director
- Thomas Muthoot - Director
Speckle Internet Solutions reported a net loss of ₹53.37 Lakh (net margin -79.8%) and EBITDA of -₹17.04 Lakh (EBITDA margin -25.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Speckle Internet Solutions is -25% over three years and 24% over five years. In the latest year (FY 2024) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Speckle Internet Solutions is 36AAVCS5938D2ZS, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Speckle Internet Solutions is U72200TG2015PTC098121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speckle Internet Solutions was incorporated on 20 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Speckle Internet Solutions has 13 deals on record (5 funding rounds, 4 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹6.06 Cr; the latest was in June 2021.
The peers of Speckle Internet Solutions by revenue are Asianpe Innovation Private Limited, Astrazure E Ventures Private Limited, Valley Monks Private Limited, Socialkonnekt Media Private Limited, Zasyaonline Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Guguloth Muralidharnayak ceased to be Whole-Time Director on 31 Mar 2023. Mukesh Anchuri Chandra ceased to be Whole-Time Director on 31 Mar 2023. Thomas Muthoot was appointed as Director on 23 Mar 2023. Speckle Internet Solutions has 15 board changes on record in total.