Taproots AI Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72900KA2022PTC163225 Incorporated 30 June 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Struck Off Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹63,600
Latest filing
Net loss · FY 2024
₹3.7 Lakh
Latest filing
EBITDA · FY 2024
-₹3.7 Lakh
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Taproots AI Private Limited

Data last updated:

Taproots AI Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 June 2022.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2022PTC163225.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ankur Agarwal and Vinay Rao.

Its last annual general meeting (AGM) was held on 08 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Db 201 2nd Floor Salarpuria Greenage Bommanahalli Hosur Road, Bangalore, Karnataka, India – 560068.

As per the financials filed for FY 2024, the company reported a revenue of ₹63,600. For the same year it recorded a net loss of ₹3.7 Lakh and EBITDA of -₹3.7 Lakh.

The company was associated with 1 brand: Taproots.

The last known website on record is taproots.ai.

Company details

CIN U72900KA2022PTC163225
Registration Number 163225
Incorporation Date 30 June 2022
ROC Bangalore
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 08 July 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Taproots AI

DPIIT recognised startup Government of India
Startup India

Contact details

Taproots AI Private Limited's registered office is in Bangalore, Karnataka.

  • Social Media
  • Registered Address
    Db 201 2nd Floor Salarpuria Greenage Bommanahalli Hosur Road, Bangalore, Karnataka, India – 560068
  • Industry
    Information Technology, Other Computer Related Activities
Comprehensive company report
Taproots AI Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Legal cases, compliance and MCA filings
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Brands

Taproots AI operates one associated brand: Taproots. Each brand links to its own profile.

BrandDescriptionWebsite
Provides an AI-integrated platform for tennis performance analytics.taproots.ai

Business activity

The main business activity of Taproots AI is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Taproots AI Private Limited, buy the company report.

Financials of Taproots AI Private Limited

FY 2024 filings available

Taproots AI Private Limited reported revenue of ₹63,600 for FY 2024.

Revenue · FY 2024
₹63,600
Net loss · FY 2024
₹3.7 Lakh
EBITDA · FY 2024
-₹3.7 Lakh

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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-₹3.7 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.7 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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Taproots AI Private Limited, buy the company report.

Board of directors of Taproots AI Private Limited

Taproots AI has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ankur AgarwalDirector30 Jun 20224 Years 4 MonthsAs last reported
Vinay RaoDirector30 Jun 20224 Years 4 MonthsAs last reported

Peer comparison

Taproots AI Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sienadvert Solutions Private Limited₹63,880 (FY 2023)New Delhi, Delhi, India
247 Web Solutions Private Limited₹63,873 (FY 2016)Delhi, India
Primeplex Technologies (OPC) Private Limited₹63,814 (FY 2022)Goalpara, Assam, India
Jaijen Tech Services Private Limited₹63,682 (FY 2019)Kanyakumari, Tamil Nadu, India
Hemmalini Construction Private Limited₹63,610 (FY 2021)755.0%Lucknow, Uttar Pradesh, India
Taproots AI Private Limitedthis company₹63,600 (FY 2024)-₹3.7 LakhBangalore, Karnataka, India
Deetsha Software and Network Solutions Private Limited₹63,560 (FY 2024)523.0%Tirupattur, Tamil Nadu, India
TRK Infotech Private Limited₹63,559 (FY 2019)Jaipur, Rajasthan, India
Yelek Software Solutions Private Limited₹63,540 (FY 2017)Hyderabad, Telangana, India
Projexel Technologies Private Limited₹63,267 (FY 2024)-56.0%Haryana, India
Techbeliever Games Private Limited₹63,200 (FY 2025)30139.0%New Delhi, Delhi, India

To see the full peer comparison of Taproots AI Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Taproots AI Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Taproots AI Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Taproots AI Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ankur Agarwal was appointed as Director on 30 Jun 2022.

AGM
Taproots Ai Private Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.
Filing
Taproots Ai Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Ankur Agarwal was appointed as Director.
Appointed
Vinay Rao was appointed as Director.
Incorporation
30 Jun 2022
Taproots Ai Private Limited was registered on 30 Jun 2022 with Roc Bangalore & aged 4 years 4 months as per MCA records.

Frequently asked questions

Taproots AI has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Taproots AI was a private limited company based in Bangalore, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 30 June 2022 and is registered under CIN U72900KA2022PTC163225. The company has been struck off by the Registrar of Companies and is no longer operational.

Taproots AI had 2 directors:

The CIN (Corporate Identification Number) of Taproots AI is U72900KA2022PTC163225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Taproots AI is at Db 201 2nd Floor Salarpuria Greenage Bommanahalli Hosur Road, Bangalore, Karnataka, India – 560068.

Taproots AI was incorporated on 30 June 2022. It is registered with the Registrar of Companies, Bangalore.

Yes, Taproots AI is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Taproots AI can be reached through the website taproots.ai. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Taproots AI on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 08 July 2024. Year-wise statements from FY 2023 are in the company report.

Taproots AI operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.

The peers of Taproots AI by revenue are Sienadvert Solutions Private Limited, 247 Web Solutions Private Limited, Primeplex Technologies (OPC) Private Limited, Jaijen Tech Services Private Limited, Hemmalini Construction Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).