DPIIT recognised startup Government of India
Startup India
Trucvr Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.47 Cr
▼ 43% YoY
Net loss · FY 2024
₹1.2 Cr
Net margin -34.7%
EBITDA · FY 2024
-₹1.04 Cr
EBITDA margin -29.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.12 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
33
Provident fund records
About Trucvr Technologies Private Limited
Data last updated:
Trucvr Technologies 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 16 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC114801. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors Nitin Srivastava and Mohit Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ananthaa No. 7 – 2 Ground Floor 3rd Main Road Jayanagar 6th Block, Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.47 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -34.7%) and EBITDA of -₹1.04 Cr (EBITDA margin -29.9%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 69% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3.68 Cr; the latest was in December 2021. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 3 smaller; the largest is Novus Nexus India Private Limited with revenue of ₹3.47 Cr.
Trucvr Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0283696). For more details, the company can be reached via its website truecover.net.
Company details
CIN U72900KA2018PTC114801
Registration Number 114801
Incorporation Date 16 July 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0283696
Key People
Nitin Srivastava Director Mohit Agarwal Director Recognitions & Rankings of Trucvr Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0283696
Contact details
Trucvr Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is truecover.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAnanthaa No. 7 – 2 Ground Floor 3rd Main Road Jayanagar 6th Block, Bangalore, Karnataka, India – 560070
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Trucvr Technologies Private Limited, buy the company report.
Comprehensive company report
Trucvr Technologies Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Trucvr Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Trucvr Technologies Private Limited, buy the company report.
Financials of Trucvr Technologies Private Limited
FY 2024 filings availableTrucvr Technologies Private Limited reported revenue of ₹3.47 Cr (down 43% YoY) for FY 2024.
Revenue · FY 2024
₹3.47 Cr ▼ 43%
Net loss · FY 2024
₹1.2 Cr margin -34.7%
EBITDA · FY 2024
-₹1.04 Cr margin -29.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 37%
5 years · compounded
▲ 69%
EBITDA CAGR growth
1 year
▼ 142%
3 years · compounded
▼ 76%
5 years · compounded
▼ 135%
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 142% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.2 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.9% | ||||
| Net Profit Margin | -34.7% | ||||
| 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 Trucvr Technologies Private Limited, buy the company report.
Board of directors of Trucvr Technologies Private Limited
Trucvr Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Srivastava | Director | 01 Apr 2020 | 6 Years 7 Months | Current |
| Mohit Agarwal Also directs: Indergiri Finance Limited., Volo Health Services Private Limited | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Trucvr Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novus Nexus India Private Limited | ₹3.47 Cr (FY 2024) | 38.0% | Pune, Maharashtra, India | |||
| Devemerge Global Consultancy Private Limited | ₹3.47 Cr (FY 2025) | 44.0% | Sonipat, Haryana, India | |||
| Ipa Indus Parking Services Private Limited | ₹3.47 Cr (FY 2025) | 31.0% | Gurgaon, Haryana, India | |||
| Qpicloud Technologies Private Limited | ₹3.47 Cr (FY 2025) | 99.0% | Bangalore, Karnataka, India | |||
| Mayan Production Private Limited | ₹3.47 Cr (FY 2022) | 65.0% | Kolkata, West Bengal, India | |||
| Trucvr Technologies Private Limitedthis company | ₹3.47 Cr (FY 2024) | -₹1.2 Cr | -34.7% | -43.0% | 33 | Bangalore, Karnataka, India |
| Denali Software Solutions Private Limited | ₹3.47 Cr (FY 2025) | -55.0% | Rajkot, Gujarat, India | |||
| Pinktech Design Private Limited | ₹3.47 Cr (FY 2021) | 328.0% | New Delhi, Delhi, India | |||
| Vaspp Technologies Private Limited | ₹3.47 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Trucvr Technologies Private Limited, buy the company report.
Auditor
Trucvr Technologies Private Limited is audited by Subek Agarwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Subek Agarwal & Associates | FY 2023 | 328737E |
Shareholding
The shareholding of Trucvr Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trucvr Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2024 | 100907844 | Hdfc Bank Limited | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Trucvr Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3.68 Cr; the latest was in December 2021.
Total deals
1
Funding round
1
Disclosed funding
₹3.68 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹3.68 Cr | Investors: Volo Health Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Trucvr Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trucvr Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trucvr Technologies Private Limited has a workforce of 33 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
26.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 33 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Trucvr Technologies Private Limited, buy the company report.
GST
Trucvr Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Trucvr Technologies Private Limited, buy the company report.
Recent activity
Trucvr Technologies Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Mohit Agarwal ceased to be Additional Director on 25 Nov 2021.
AGM
Trucvr Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Trucvr Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100907844 was registered on 06 Mar 2024.
Ceased
Mohit Agarwal ceased to be Additional Director.
Ceased
Kislaya Srivastava ceased to be Director.
Appointed
Mohit Agarwal was appointed as Director.
Ceased
Nitin Srivastava ceased to be Additional Director.
Ceased
Peeyush Jain ceased to be Director.
Appointed
Nitin Srivastava was appointed as Director.
Incorporation
16 Jul 2018
Trucvr Technologies Private Limited was registered on 16 Jul 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
Frequently asked questions
Trucvr Technologies 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 16 July 2018 (8+ years old) and is registered under CIN U72900KA2018PTC114801.
Trucvr Technologies has 2 current directors:
- Nitin Srivastava - Director
- Mohit Agarwal - Director
The latest financial statements of Trucvr Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
No. Trucvr Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Trucvr Technologies is U72900KA2018PTC114801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trucvr Technologies was incorporated on 16 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Trucvr Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹3.68 Cr; the latest was in December 2021.
The peers of Trucvr Technologies by revenue are Novus Nexus India Private Limited, Devemerge Global Consultancy Private Limited, Ipa Indus Parking Services Private Limited, Qpicloud Technologies Private Limited, Mayan Production Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mohit Agarwal ceased to be Additional Director on 25 Nov 2021. Kislaya Srivastava ceased to be Director on 23 Jul 2021. Mohit Agarwal was appointed as Director on 28 Dec 2020. Trucvr Technologies has 6 board changes on record in total.
Yes, Trucvr Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Trucvr Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0283696).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages