About Stripe Technology India Private Limited
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Stripe Technology India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Recko Inc. Usa. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC102890. Its GSTIN is 29AAICR2863D1Z8 (Karnataka).
The company has an authorised share capital of ₹19 Lakh and a paid-up capital of ₹15.16 Lakh. It is led by directors including Vishnu Kanth Reddy Challam and Sivakumar Sethuraman.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prestige Tech Pacific Park, 10th Floor Building 2 Kadubeesanahalli Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560103.
As per the financials filed for FY 2025, the company reported a revenue of ₹704.33 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹61.87 Cr (net margin 8.8%) and EBITDA of ₹132.9 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 175% over three years and 196% over five years.
The company has about 983 employees on its provident fund (EPFO) records.
The company has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2023. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 48 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stripe.com.
Company details
Contact details
Stripe Technology India Private Limited's registered office is in Bangalore, Karnataka. Its website is stripe.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPrestige Tech Pacific Park, 10th Floor Building 2 Kadubeesanahalli Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Stripe Technology 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
Financials of Stripe Technology India Private Limited
FY 2025 filings availableStripe Technology India Private Limited reported revenue of ₹704.33 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 196% over five years, including 107% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹704.33 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹132.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Stripe Technology India Private Limited, buy the company report.
Board of directors of Stripe Technology India Private Limited
Stripe Technology India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Kanth Reddy Challam Also directs: Stripe India Private Limited | Director | 27 Sep 2022 | 4 Years 0 Months | Current |
| Sivakumar Sethuraman Also directs: Stripe India Private Limited | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Ravi Kant Mittal Also directs: Stripe India Private Limited | Additional Director | 09 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Stripe Technology India Private Limited is audited by S.R.BATLIBOI & ASSOCIATES LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R.BATLIBOI & ASSOCIATES LLP | FY 2025 | 101049W/E30004 |
Shareholding
The shareholding of Stripe Technology India Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stripe Technology India Private Limited, buy the company report.
Deals & funding
Stripe Technology India Private Limited has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Stripe Singapore Payments Pte. Ltd., Stripe Singapore Payments Pte. Ltd. & Stripe India Private Limited Seller: Stripe India Private Limited , Recko Inc |
| Jan 2022 | Rights issue | ₹6.07 Cr | Investors: Recko Inc |
| Sep 2021 | Rights issue | ₹17.21 Cr | Investors: Recko Inc |
| May 2020 | Rights issue | ₹18.99 Cr | Investors: Recko Inc |
| Aug 2018 | Rights issue | ₹5.45 Cr | Investors: Recko Inc |
To see the full deal history of Stripe Technology India 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
No court or tribunal cases involving Stripe Technology India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Stripe Technology India Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 48 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exos IT Management Private Limited | |||
| Solankili Logistics Management Private Limited | |||
| BMP & Co. LLP | |||
| an individual supplier | |||
| Aintree Tech Solutions Private Limited |
To see the full MSME payment records of Stripe Technology India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stripe Technology India Private Limited has a workforce of 983 employees on its EPFO records as of Feb 10, 2026, across 1 active EPFO establishment.
GST
Stripe Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR2863D1Z8 | Karnataka | Active | 24 Mar 2018 |
To see the full GST registrations and return filing status of Stripe Technology India Private Limited, buy the company report.
Recent activity
Stripe Technology India Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Ravi Kant Mittal was appointed as Additional Director on 09 Dec 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Stripe Technology India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 May 2017 (9+ years old) and is registered under CIN U72900KA2017PTC102890.
Stripe Technology India has 3 current directors:
- Vishnu Kanth Reddy Challam - Director
- Sivakumar Sethuraman - Director
- Ravi Kant Mittal - Additional Director
The latest financial statements of Stripe Technology India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Stripe Technology India is 29AAICR2863D1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Stripe Technology India is U72900KA2017PTC102890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stripe Technology India was incorporated on 11 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Stripe Technology India has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in December 2023.
Ravi Kant Mittal was appointed as Additional Director on 09 Dec 2025. Sivakumar Sethuraman ceased to be Additional Director on 27 Sep 2023. Sivakumar Sethuraman was appointed as Director on 22 Nov 2022. Stripe Technology India has 10 board changes on record in total.
Stripe Technology India has 6 MSME Form 1 returns on record between 2019 and 2024, listing 48 overdue payments to 14 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Stripe Technology India can be reached through the website stripe.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Stripe Technology India is at Prestige Tech Pacific Park, 10th Floor Building 2 Kadubeesanahalli Village Varthur Hobli Bangalore East Taluk, Karnataka, India – 560103.