About Transversal Tech Private Limited
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Transversal Tech Private Limited is a private limited company based in Bangalore North, Karnataka, India. It operates in the online entertainment platforms segment of the internet and digital services sector. It was incorporated on 08 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098364. Its GSTIN is 29AAGCT0071M1Z1 (Karnataka).
The company has an authorised share capital of ₹17.58 Lakh and a paid-up capital of ₹66,300. It is led by directors Nav Sarvesh and Swapnil Upadhyay.
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 Flat No 201. B – 6 2nd Floor Sri Ram Spandhana Apartment Chalghatta Nagasandra, Bangalore North, Karnataka, India – 560017.
As per the financials filed for FY 2022, the company reported a revenue of ₹16.82 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.18 Cr and EBITDA of -₹1.08 Lakh (EBITDA margin -6.4%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Clorik and Clipapp. The company has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹63.73 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clorik.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No 201. B – 6 2nd Floor Sri Ram Spandhana Apartment Chalghatta Nagasandra, Bangalore North, Karnataka, India – 560017
- IndustryInternet, Online Entertainment 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
Financials of Transversal Tech Private Limited FY 2025 filings available
Transversal Tech Private Limited reported revenue of ₹16.82 Lakh (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Transversal Tech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 73% over three years, including a 56% fall 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 Transversal Tech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹16.82 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.18 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 Transversal Tech Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Transversal Tech 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.
Auditor Details of Transversal Tech Private Limited
Transversal Tech Private Limited is audited by MOHINDRA & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHINDRA & 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 Transversal Tech Private Limited
Transversal Tech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nav Sarvesh Also directs: Equation Internet Private Limited | Director | 08 Dec 2016 | 9 Years 9 Months | Current |
| Swapnil Upadhyay Also directs: Equation Internet Private Limited | Director | 08 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Transversal Tech 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 Transversal Tech Private Limited
Transversal Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Transversal Tech Private Limited
Transversal Tech Private Limited has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹63.73 Cr; the latest was in March 2019.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Acquisition | Undisclosed | Buyer: Mohalla Tech Private Limited Seller: India Quotient |
| Feb 2019 | Secondary share transfer | Undisclosed | Seller: an individual |
| Dec 2017 | Funding round · Series A | ₹34.51 Cr | Investors: Z47 (Matrix Partners India), Shunwei Capital, India Quotient |
| Feb 2017 | Funding round · Seed | ₹6.7 Cr | Investors: India Quotient, Shunwei Capital |
Full deal history
All 5 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.
Associated Brands with Transversal Tech Private Limited
Transversal Tech operates two associated brands: Clorik and Clipapp. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An interest-based community platform is developed for user engagement. | clorik.com | |
| Mobile-based social platform in regional languages | clipapp.in |
Employees and EPFO Compliance at Transversal Tech Private Limited
Transversal Tech Private Limited has a workforce of 14 employees as of Apr 10, 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.
News related to Transversal Tech Private Limited
Recent Activity on Transversal Tech Private Limited
Transversal Tech Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Tarun Ramesh Davda ceased to be Nominee Director on 30 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Transversal Tech 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 Transversal Tech 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 Transversal Tech 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 Transversal Tech Private Limited
Transversal Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT0071M1Z1 | Karnataka | Active | 28 Dec 2017 |
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 Transversal Tech 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 Transversal Tech Private Limited
Transversal Tech is an active private limited company based in Bangalore North, Karnataka, India. The company works in online entertainment platforms, within the internet industry. It was incorporated on 08 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098364.
Transversal Tech reported revenue of ₹16.82 Lakh for FY 2022 (down 56% YoY).
Transversal Tech has 2 current directors:
- Nav Sarvesh - Director
- Swapnil Upadhyay - Director
Transversal Tech reported a net loss of ₹2.18 Cr and EBITDA of -₹1.08 Lakh (EBITDA margin -6.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Transversal Tech is -73% over three years. In the latest year (FY 2022) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Transversal Tech is 29AAGCT0071M1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Transversal Tech is U74999KA2016PTC098364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transversal Tech was incorporated on 08 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Transversal Tech has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹63.73 Cr; the latest was in March 2019.
Tarun Ramesh Davda ceased to be Nominee Director on 30 Jan 2020. Ashish Gupta ceased to be Director on 04 Feb 2019. Nav Sarvesh was appointed as Director on 08 Dec 2016. Transversal Tech has 4 board changes on record in total.