About Testbook Edu Solutions Private Limited
Data last updated:
Testbook Edu Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. 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 10 peer companies in the Education industry (E Learning) are compared by revenue, 5 larger and 5 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor Plot No. 4, Minarch Tower Sector – 44, Gurgaon, Haryana, India – 122003
- IndustryInternet, Online Education & Learning Platforms
- 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
Business Activity of Testbook Edu Solutions Private Limited
The business activities of Testbook Edu Solutions are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | 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.
Financials of Testbook Edu Solutions Private Limited FY 2024 filings available
Testbook Edu Solutions Private Limited reported revenue of ₹136.74 Cr (up 140% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Testbook Edu Solutions Private Limited
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 of Testbook Edu Solutions Private Limited
| 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 | |||||
| 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 Testbook Edu Solutions Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Testbook Edu Solutions are in the company report.
Financial statements from 2015
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.
Peer Comparison of Testbook Edu Solutions Private Limited
Testbook Edu Solutions Private Limited is compared with the companies closest to it by revenue in the Education industry (E Learning). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedantu Innovations Private Limited | ₹233.64 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Ikan Uplevel Technologies Private Limited | ₹209.36 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Mumbai, Maharashtra, India |
| Impelsys Private Limited | ₹200.83 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Veranda XL Learning Solutions Private Limited | ₹150.98 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Chennai, Tamil Nadu, India |
| Intellipaat Software Solutions Private Limited | ₹146.95 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Jaipur, Rajasthan, India |
| Testbook Edu Solutions Private Limited this company | ₹136.74 Cr (FY 2024) | •••• | •••• | 140.0% | •••• | Gurgaon, Haryana, India |
| Learnfluence Education Limited | ₹129.43 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Ernakulam, Kerala, India |
| Balani Infotech Private Limited | ₹109.26 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | New Delhi, Delhi, India |
| Proficiency Learning Solutions Private Limited | ₹103.89 Cr (FY 2023) | •••• | •••• | 46.0% | •••• | Mohali, Punjab, India |
| Assetgro Fintech Private Limited | ₹99.31 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Bengaluru, Karnataka, India |
| CP Capital Limited Listed | ₹91.25 Cr (FY 2023) | •••• | •••• | 54.0% | •••• | Mohali, Punjab, India |
Peers are the five companies nearest above and the five nearest below Testbook Edu Solutions by revenue in the Education industry (E Learning), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Testbook Edu Solutions Private Limited
Testbook Edu Solutions Private Limited is audited by M S K A & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M S K A & 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 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 |
Ownership and Shareholding of Testbook Edu Solutions 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 Testbook Edu Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2025 | Hdfc Bank Limited | ₹9 Lakh | Open |
| 10 Nov 2020 | Others | ₹15.5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Testbook Edu Solutions Private Limited
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 |
Full deal history
All 17 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.
Legal Cases of Testbook Edu Solutions Private Limited
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. Status as checked between 21 Sep 2026 and 03 Oct 2026.
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 | Special leave petition | Filed against the company by Google India Private Limited | Pending |
| Supreme Court | Special leave petition | Filed against the company by Google India Digital Services Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Collegedunia Web Private Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Google India Private Limited | Disposed |
| Madras High Court | Court case (OSA(CAD)) | Filed by the company against Google India Private Limited | Disposed |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Testbook Edu Solutions Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 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.
Associated Brands with Testbook Edu Solutions Private Limited
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 |
Employees and EPFO Compliance at Testbook Edu Solutions Private Limited
Testbook Edu Solutions Private Limited has a workforce of 733 employees as of Nov 21, 2025.
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.
CIN History of Testbook Edu Solutions Private Limited
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 |
News related to Testbook Edu Solutions Private Limited
Recent Activity on Testbook Edu Solutions Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Testbook Edu Solutions 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 Testbook Edu Solutions 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 Testbook Edu Solutions Private Limited
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 |
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 Testbook Edu Solutions 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.
Frequently Asked Questions about Testbook Edu Solutions Private Limited
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 reported revenue of ₹136.74 Cr for FY 2024 (up 140% YoY).
Testbook Edu Solutions has 2 current directors:
- Bhaswat Agarwal - Director
- Mukul Rustagi - Director
Testbook Edu Solutions reported a net loss of ₹84.92 Cr (net margin -62.1%) and EBITDA of -₹66.18 Cr (EBITDA margin -48.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Testbook Edu Solutions is 77% over three years and 58% over five years. In the latest year (FY 2024) revenue rose 140%. CAGR is the steady yearly rate that links the first and the last year.
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, Ikan Uplevel Technologies Private Limited, Impelsys Private Limited, Veranda XL Learning Solutions Private Limited, Intellipaat Software Solutions Private Limited and 5 more, all in the Education industry (E Learning).
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.