About Techcanopy Software Labs Private Limited
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Techcanopy Software Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 14 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC095008. Its GSTIN is 29AAFCT8396L1ZC (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors including Aditya Ananth Karanth and Vijendra Lakshmana Rao.
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 No 03 1st Floor Survey No 2/4 Remco Bhel Layout Pattanagere Rr Nagar, Bangalore, Karnataka, India – 560098.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.04 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹45.24 Lakh (net margin 7.5%) and EBITDA of ₹78.22 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 181% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Techcanopy Software Labs. As per MCA filings, the company has open charges of ₹2.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website techcanopy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 03 1st Floor Survey No 2/4 Remco Bhel Layout Pattanagere Rr Nagar, Bangalore, Karnataka, India – 560098
- 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
Associated Brands with Techcanopy Software Labs Private Limited
Techcanopy Software Labs operates one associated brand: Techcanopy Software Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital platform, DevOps, data, and cloud services for businesses. | techcanopy.com |
Competitors & Alternatives of Techcanopy Software Labs Private Limited
Brands and companies operating in the same space as Techcanopy Software Labs Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Techcanopy Software Labs Private Limited
The main business activity of Techcanopy Software Labs is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Auditor Details of Techcanopy Software Labs Private Limited
Techcanopy Software Labs Private Limited is audited by Sumeet Baid & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sumeet Baid & Associates | 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 Techcanopy Software Labs Private Limited
Techcanopy Software Labs has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Ananth Karanth Also directs: Mitranova Software Labs Private Limited | Director | 25 Oct 2025 | 0 Years 11 Months | Current |
| Vijendra Lakshmana Rao Also directs: Eatozone Services Private Limited | Director | 03 Feb 2020 | 6 Years 8 Months | Current |
| Rahul Rajendra Tiwari Also directs: Bluestrait Technologies Private Limited | Director | 15 Jul 2021 | 5 Years 2 Months | Current |
| Jakkenahalli Lakshmanarao Also directs: Finozone Investment Services Private Limited | Director | 14 Jul 2016 | 10 Years 2 Months | Current |
| Ritti Sripadaraja Dheeraj Also directs: Eatozone Services Private Limited | Director | 25 Oct 2025 | 0 Years 11 Months | Current |
Financials of Techcanopy Software Labs Private Limited FY 2025 filings available
Techcanopy Software Labs Private Limited reported revenue of ₹6.04 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Techcanopy Software Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 181% over five years, including 13% 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 Techcanopy Software Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹78.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.24 Lakh | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Techcanopy Software Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Techcanopy Software Labs are in the company report.
Financial statements from FY 2017
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.
Ownership and Shareholding of Techcanopy Software Labs 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 Techcanopy Software Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2025 | Others | ₹1.4 Cr | Open |
| 26 Jun 2023 | Hdfc Bank Limited | ₹80 Lakh | Open |
| 15 Mar 2022 | Hdfc Bank Limited | ₹24.74 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Techcanopy Software Labs Private Limited
Techcanopy Software Labs Private Limited has a workforce of 38 employees as of Dec 19, 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.
GST Compliance of Techcanopy Software Labs Private Limited
Techcanopy Software Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCT8396L1ZC | Karnataka | Active | 25 Jul 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.
Credit Ratings, Litigation & Regulatory Alerts for Techcanopy Software Labs 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 Techcanopy Software Labs 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 Techcanopy Software Labs 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.
MCA Filings & Documents of Techcanopy Software Labs 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.
Recent Activity on Techcanopy Software Labs Private Limited
Frequently Asked Questions about Techcanopy Software Labs Private Limited
Techcanopy Software Labs 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 14 July 2016 (10+ years old) and is registered under CIN U72900KA2016PTC095008.
Techcanopy Software Labs reported revenue of ₹6.04 Cr for FY 2025 (up 13% YoY).
Techcanopy Software Labs has 5 current directors:
- Aditya Ananth Karanth - Director
- Vijendra Lakshmana Rao - Director
- Rahul Rajendra Tiwari - Director
- Jakkenahalli Lakshmanarao - Director
- Ritti Sripadaraja Dheeraj - Director
Techcanopy Software Labs reported a net profit of ₹45.24 Lakh (net margin 7.5%) and EBITDA of ₹78.22 Lakh (EBITDA margin 13%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Techcanopy Software Labs is 48% over three years and 181% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Techcanopy Software Labs is 29AAFCT8396L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Techcanopy Software Labs is U72900KA2016PTC095008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techcanopy Software Labs was incorporated on 14 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Techcanopy Software Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).