About Vaeso India Private Limited
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Vaeso India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Vaeso Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2021FTC150970. Its GSTIN is 29AAICV2347L1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Iqbal Shahabudin and Hemanth Kuramkote Ramakrishnaiah.
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 C/O. Bizcraft Advisors Private Limited 2nd Floor 696 11th Main 5th Block Jayanagar, Bengaluru, Karnataka, India – 560041.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.42 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹38.34 Lakh (net margin 7.1%) and EBITDA of ₹67.93 Lakh (EBITDA margin 12.5%).
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vaēso.
For more details, the company can be reached via its website vaeso.com.
Company details
Contact details
Vaeso India Private Limited's registered office is in Bengaluru, Karnataka. Its website is vaeso.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O. Bizcraft Advisors Private Limited 2nd Floor 696 11th Main 5th Block Jayanagar, Bengaluru, Karnataka, India – 560041
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vaeso India 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
Business activity
The main business activity of Vaeso India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Vaeso India Private Limited, buy the company report.
Financials of Vaeso India Private Limited
FY 2024 filings availableVaeso India Private Limited reported revenue of ₹5.42 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year. EBITDA fell 45% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹67.93 Lakh | ||
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| Net Profit (PAT) | ₹38.34 Lakh | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 12.5% | ||
| Net Profit Margin | 7.1% | ||
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To see the full financial statements and ratios of Vaeso India Private Limited, buy the company report.
Board of directors of Vaeso India Private Limited
Vaeso India 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 |
|---|---|---|---|---|
| Iqbal Shahabudin | Director | 09 Sep 2022 | 4 Years 1 Months | Current |
| Hemanth Kuramkote Ramakrishnaiah | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Vaeso India Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advance Visualization Eco System Research & Analysis Center Private Limited | ₹5.42 Cr (FY 2025) | 167.0% | Unjha, Gujarat, India | |||
| Bid4best Technologies Private Limited | ₹5.42 Cr (FY 2025) | 124.0% | Greater Noida, Uttar Pradesh, India | |||
| Agrivet Research & Advisory Private Limited | ₹5.42 Cr (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Arka Brenstech Private Limited | ₹5.42 Cr (FY 2024) | 72.0% | New Delhi, Delhi, India | |||
| Abhay Immigration Private Limited | ₹5.42 Cr (FY 2025) | 5.0% | Bhadaur, Punjab, India | |||
| Vaeso India Private Limitedthis company | ₹5.42 Cr (FY 2024) | ₹38.34 Lakh | 7.1% | -25.0% | 32 | Bengaluru, Karnataka, India |
| Yesventive IT Labs Private Limited | ₹5.42 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| SGL Labs (International) Private Limited | ₹5.42 Cr (FY 2025) | 36.0% | Surat, Gujarat, India | |||
| Clinexel Life Sciences Private Limited | ₹5.42 Cr (FY 2024) | 22.0% | Thane, Maharashtra, India |
To see the full peer comparison of Vaeso India Private Limited, buy the company report.
Auditor
Vaeso India Private Limited is audited by Jitendra Agarwal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jitendra Agarwal & Associates | FY 2023 | 003755C |
Shareholding
The shareholding of Vaeso India Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vaeso India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaeso India 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 Vaeso India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vaeso India Private Limited has a workforce of 32 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Vaeso India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICV2347L1ZS | Karnataka | Active | 22 Sep 2021 |
To see the full GST registrations and return filing status of Vaeso India Private Limited, buy the company report.
Recent activity
Vaeso India Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Cristina Mbeatriz Rubio ceased to be Director on 19 Sep 2024.
Frequently asked questions
Vaeso India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 August 2021 (5+ years old) and is registered under CIN U72500KA2021FTC150970.
Vaeso India has 2 current directors:
- Iqbal Shahabudin - Director
- Hemanth Kuramkote Ramakrishnaiah - Director
The latest financial statements of Vaeso India 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 2022 are in the company report.
The GSTIN of Vaeso India is 29AAICV2347L1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Vaeso India is U72500KA2021FTC150970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaeso India was incorporated on 24 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vaeso India by revenue are Advance Visualization Eco System Research & Analysis Center Private Limited, Bid4best Technologies Private Limited, Agrivet Research & Advisory Private Limited, Arka Brenstech Private Limited, Abhay Immigration Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Cristina Mbeatriz Rubio ceased to be Director on 19 Sep 2024. Hemanth Kuramkote Ramakrishnaiah was appointed as Director on 19 Sep 2024. Amit Gupta ceased to be Director on 09 Sep 2022. Vaeso India has 6 board changes on record in total.
Vaeso India can be reached through the website vaeso.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Vaeso India is at CO. Bizcraft Advisors Private Limited 2nd Floor 696 11th Main 5th Block Jayanagar, Bengaluru, Karnataka, India – 560041.
Vaeso India operates in the information technology industry, in the IT consulting and support services segment.