About Stripe Technology India Private Limited
Data last updated:
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
- 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
Financials of Stripe Technology India Private Limited FY 2025 filings available
Stripe Technology India Private Limited reported revenue of ₹704.33 Cr (up 107% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Stripe Technology India Private Limited
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 of Stripe Technology India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹132.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.87 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 Stripe Technology India Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Stripe Technology India are in the company report.
Financial statements from FY 2018
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.
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 10 Months | Current |
| Ravi Kant Mittal Also directs: Stripe India Private Limited | Additional Director | 09 Dec 2025 | 0 Years 10 Months | Current |
Auditor Details of Stripe Technology India Private Limited
Stripe Technology India Private Limited is audited by S.R.BATLIBOI & ASSOCIATES LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R.BATLIBOI & ASSOCIATES LLP | 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.
Ownership and Shareholding of Stripe Technology India 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 Stripe Technology India Private Limited
Stripe Technology India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Stripe Technology India Private Limited
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 |
Full deal history
All 7 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.
MSME Payment Delays by Stripe Technology India Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Stripe Technology India Private Limited
Stripe Technology India Private Limited has a workforce of 983 employees as of Feb 10, 2026.
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.
Recent Activity on Stripe Technology India Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Stripe Technology India 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.
Subsidiaries & Group Companies of Stripe Technology India 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 Stripe Technology India Private Limited
Stripe Technology India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICR2863D1Z8 | Karnataka | Active | 24 Mar 2018 |
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 Stripe Technology India 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.
Related news about Stripe Technology India Private Limited
Frequently Asked Questions about Stripe Technology India Private Limited
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 reported revenue of ₹704.33 Cr for FY 2025 (up 107% YoY).
Stripe Technology India has 3 current directors:
- Vishnu Kanth Reddy Challam - Director
- Sivakumar Sethuraman - Director
- Ravi Kant Mittal - Additional Director
Stripe Technology India reported a net profit of ₹61.87 Cr (net margin 8.8%) and EBITDA of ₹132.9 Cr (EBITDA margin 18.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Stripe Technology India is 175% over three years and 196% over five years. In the latest year (FY 2025) revenue rose 107%. CAGR is the steady yearly rate that links the first and the last year.
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.