About Testbook Edu Solutions Private Limited
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Testbook Edu Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 19 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U72200HR2013PTC119489. Its GSTIN is 06AASCS8515R1ZB (Haryana). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1.48 Cr and a paid-up capital of ₹3.2 Lakh. It was formerly known as Share Infotech Private Limited. It is led by directors Bhaswat Agarwal and Mukul Rustagi.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹136.74 Cr, a growth of 140% compared to the previous year. For the same year it recorded a net loss of ₹84.92 Cr (net margin -62.1%) and EBITDA of -₹66.18 Cr (EBITDA margin -48.4%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years and 58% over five years.
The company has about 733 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Testbook. As per MCA filings, the company has open charges of ₹9 Lakh and satisfied charges of ₹15.5 Cr on record. Court records list 23 cases involving the company, including 14 filed by the company and 9 filed against it; 4 cases are pending. The company has 17 deals on record (11 secondary share transfers, 6 funding rounds), with disclosed funding of ₹93.58 Cr; the latest was in October 2022. Its 3 peer companies in the Education industry (E Learning), with the same principal business activity (educational support services) are compared by revenue, 1 larger and 2 smaller; the largest is Vedantu Innovations Private Limited with revenue of ₹233.64 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 406 overdue payments to 16 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 testbook.com.
Company details
CIN history
Testbook Edu Solutions has one previous CIN (Corporate Identification Number): U72200MH2013PTC241118. The current CIN is U72200HR2013PTC119489, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200HR2013PTC119489 | Current |
| U72200MH2013PTC241118 | Previous |
Contact details
Testbook Edu Solutions Private Limited's registered office is in Gurgaon, Haryana. Its website is testbook.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Plot No. 4, Minarch Tower Sector – 44, Gurgaon, Haryana, India – 122003
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Testbook Edu Solutions 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
Brands
Testbook Edu Solutions operates one associated brand: Testbook. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Testbook is recognized as a leading platform for government exam preparation in India. | testbook.com |
Financials of Testbook Edu Solutions Private Limited
FY 2024 filings availableTestbook Edu Solutions Private Limited reported revenue of ₹136.74 Cr (up 140% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 140% growth in the latest year. EBITDA rose 40% 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 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 | ₹136.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹66.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84.92 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -48.4% | ||||
| Net Profit Margin | -62.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Testbook Edu Solutions Private Limited, buy the company report.
Board of directors of Testbook Edu Solutions Private Limited
Testbook Edu Solutions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaswat Agarwal | Director | 03 Sep 2022 | 4 Years 1 Months | Current |
| Mukul Rustagi | Director | 03 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Testbook Edu Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Education industry (E Learning), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedantu Innovations Private Limited | ₹233.64 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Testbook Edu Solutions Private Limitedthis company | ₹136.74 Cr (FY 2024) | -₹84.92 Cr | -62.1% | 140.0% | 733 | Gurgaon, Haryana, India |
| Learnfluence Education Limited | ₹129.43 Cr (FY 2025) | 79.0% | Ernakulam, Kerala, India | |||
| Proficiency Learning Solutions Private Limited | ₹103.89 Cr (FY 2023) | 46.0% | Mohali, Punjab, India |
To see the full peer comparison of Testbook Edu Solutions Private Limited, buy the company report.
Auditor
Testbook Edu Solutions Private Limited is audited by M S K A & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2024 | 105047W |
Shareholding
The shareholding of Testbook Edu Solutions 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 Testbook Edu Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2025 | 101112186 | Hdfc Bank Limited | ₹9 Lakh | Open | |
| 10 Nov 2020 | 100385113 | Others | ₹15.5 Cr | Satisfied |
To see the full charge records of Testbook Edu Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Testbook Edu Solutions Private Limited has 17 deals on record (11 secondary share transfers, 6 funding rounds), with disclosed funding of ₹93.58 Cr; the latest was in October 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round · Series B | ₹8.09 Cr | Investors: Bunch Microtechnologies Private Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: Bunch Microtechnologies Private Limited Seller: Z47 (Matrix Partners India) |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Bunch Microtechnologies Private Limited Seller: Safari Digital Education Initiatives Private Limited , Arm International Private Limited , 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Bunch Microtechnologies Private Limited Seller: 4 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Z47 (Matrix Partners India), an individual Seller: Safari Digital Education Initiatives Private Limited , an individual |
To see the full deal history of Testbook Edu Solutions 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
Testbook Edu Solutions Private Limited has 23 court cases on record: 14 filed by Testbook Edu Solutions, 9 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 6 | 0 |
| Supreme Court | 3 | 3 | 3 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Google India Digital Services Pvt. Ltd. | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Google India Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Collegedunia Web Private Limited | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Google India Pvt Ltd and 6 others | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed by the company against Google India Pvt Ltd and 6 others | Disposed |
To see the full case history of Testbook Edu Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Testbook Edu Solutions Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 406 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Win Corporate Advisors Private Limited | |||
| Silicon Rental Solutions Limited | |||
| HSMP & Associates LLP | |||
| Eminds Legal LLP | |||
| Webklipper Technologies Private Limited |
To see the full MSME payment records of Testbook Edu Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Testbook Edu Solutions Private Limited has a workforce of 733 employees on its EPFO records as of Nov 21, 2025, across 1 active EPFO establishment.
GST
Testbook Edu Solutions has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AASCS8515R1ZB | Haryana | Active | 14 Aug 2024 |
| 10AASCS8515R1ZM | Bihar | Active | 04 Aug 2017 |
| 07AASCS8515R1Z9 | Delhi | Active | 09 Aug 2017 |
| 27AASCS8515R2Z6 | Maharashtra | Active | 05 Aug 2022 |
To see the full GST registrations and return filing status of Testbook Edu Solutions Private Limited, buy the company report.
Recent activity
Testbook Edu Solutions Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Bhaswat Agarwal was appointed as Director on 03 Sep 2022.
6 earlier events are in the company report.
News
Frequently asked questions
Testbook Edu Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 19 March 2013 (13+ years old) and is registered under CIN U72200HR2013PTC119489.
Testbook Edu Solutions has 2 current directors:
- Bhaswat Agarwal - Director
- Mukul Rustagi - Director
The latest financial statements of Testbook Edu Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Testbook Edu Solutions is 06AASCS8515R1ZB, registered in Haryana. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 10AASCS8515R1ZM (Bihar), 07AASCS8515R1Z9 (Delhi), 27AASCS8515R2Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Testbook Edu Solutions is U72200HR2013PTC119489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Testbook Edu Solutions has 23 court cases on record: 14 filed by the company and 9 filed against it. 4 are pending. Most are in the high courts.
Testbook Edu Solutions was incorporated on 19 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Haryana.
Testbook Edu Solutions has 17 deals on record (11 secondary share transfers, 6 funding rounds), with disclosed funding of ₹93.58 Cr; the latest was in October 2022.
The peers of Testbook Edu Solutions by revenue are Vedantu Innovations Private Limited, Learnfluence Education Limited, Proficiency Learning Solutions Private Limited, all in the Education industry (E Learning), with the same principal business activity (educational support services).
Bhaswat Agarwal was appointed as Director on 03 Sep 2022. Mukul Rustagi was appointed as Director on 03 Sep 2022. Rajat Agarwal ceased to be Nominee Director on 09 May 2022. Testbook Edu Solutions has 11 board changes on record in total.
Testbook Edu Solutions has 14 MSME Form 1 returns on record between 2019 and 2024, listing 406 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Testbook Edu Solutions can be reached through the website testbook.com. Its registered office is in Gurgaon, Haryana, India.