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Valor Innovations Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.94 Cr
▲ 48% YoY
Net loss · FY 2025
₹12.99 Cr
Net margin -108.8%
EBITDA · FY 2025
-₹11.89 Cr
EBITDA margin -99.6%
Authorised capital
₹88.03 Lakh
Registered with MCA
Paid-up capital
₹86.36 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
94
Provident fund records
Directors on board
4
As per MCA filings
About Valor Innovations Private Limited
Data last updated:
Valor Innovations Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2017PTC300176. Its GSTIN is 27AAGCV1177J1Z0 (Maharashtra).
The company has an authorised share capital of ₹88.03 Lakh and a paid-up capital of ₹86.36 Lakh. It is led by directors including Ankur Kamal Bhageria (Managing Director) and Dushyant Agarwal.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.94 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹12.99 Cr (net margin -108.8%) and EBITDA of -₹11.89 Cr (EBITDA margin -99.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 74% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cashflo. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.11 Cr; the latest was in August 2022.
Valor Innovations Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0216366). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cashflo.io.
Company details
CIN U72900MH2017PTC300176
Registration Number 300176
Incorporation Date 27 September 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0216366
Key People
Ankur Kamal Bhageria Managing Director Mridul Arora Nominee Director Dushyant Agarwal Director Recognitions & Rankings of Valor Innovations
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0216366
Contact details
Valor Innovations Private Limited's registered office is in Mumbai, Maharashtra. Its website is cashflo.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressConnekt 4th Floor Second Avenue, Subhash Nagar Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Financial Services
To see the full contact details of Valor Innovations Private Limited, buy the company report.
Comprehensive company report
Valor Innovations 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
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Brands
Valor Innovations operates one associated brand: Cashflo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of accounts payable automation, payment, compliance, and vendor management software | cashflo.io |
Business activity
The main business activity of Valor Innovations is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Valor Innovations Private Limited, buy the company report.
Financials of Valor Innovations Private Limited
FY 2024 filings availableValor Innovations Private Limited reported revenue of ₹11.94 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹11.94 Cr ▲ 48%
Net loss · FY 2025
₹12.99 Cr margin -108.8%
EBITDA · FY 2025
-₹11.89 Cr margin -99.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 62%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▲ 52%
5 years · compounded
▼ 65%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 48% growth in the latest year. EBITDA rose 52% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹11.89 Cr | ||||
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| Net Profit (PAT) | -₹12.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -99.6% | ||||
| Net Profit Margin | -108.8% | ||||
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To see the full financial statements and ratios of Valor Innovations Private Limited, buy the company report.
Board of directors of Valor Innovations Private Limited
Valor Innovations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mridul Arora Also directs: Light Ray Advisors LLP, Scapia Technology Private Limited, Mahaveer Finance India Limited and 5 more | Nominee Director | 18 Sep 2019 | 7 Years 1 Months | Current |
| Dushyant Agarwal | Director | 31 Jul 2020 | 6 Years 2 Months | Current |
| Ankur Kamal Bhageria Also directs: Sanish Finserv LLP, Hi-Tech Corporate Services Limited | Managing Director | 27 Sep 2017 | 9 Years 0 Months | Current |
| Jesal Ankur Bhageria | Director | 27 Sep 2017 | 9 Years 0 Months | Current |
Auditor
Valor Innovations Private Limited is audited by LODHA & CO. COMPANY CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO. COMPANY CHARTERED ACCOUNTANTS | FY 2023 | 301051E |
Shareholding
The shareholding of Valor Innovations 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 Valor Innovations Private Limited, buy the company report.
Deals & funding
Valor Innovations Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.11 Cr; the latest was in August 2022.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹92.11 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: General Catalyst, Elevation Capital (SAIF Partners) Seller: an individual |
| Sep 2019 | Funding round · Series A | ₹22.71 Cr | Investors: Elevation Capital (SAIF Partners), 3 individuals |
| Mar 2019 | Funding round | ₹46 Lakh | Investors: 4 individuals |
To see the full deal history of Valor Innovations 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
No court or tribunal cases involving Valor Innovations 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 Valor Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Valor Innovations Private Limited has a workforce of 94 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
94
Active EPFO establishments
1
Employee growth
30.56%
GST
Valor Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCV1177J1Z0 | Maharashtra | Active | 27 Nov 2017 |
To see the full GST registrations and return filing status of Valor Innovations Private Limited, buy the company report.
Recent activity
Valor Innovations Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Dushyant Agarwal ceased to be Additional Director on 30 Sep 2020.
AGM
Valor Innovations Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Valor Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Dushyant Agarwal ceased to be Additional Director.
Appointed
Dushyant Agarwal was appointed as Director.
Appointed
Mridul Arora was appointed as Nominee Director.
Ceased
Ankur Kamal Bhageria ceased to be Director.
Appointed
Ankur Kamal Bhageria was appointed as Managing Director.
Appointed
Jesal Ankur Bhageria was appointed as Director.
Incorporation
27 Sep 2017
Valor Innovations Private Limited was registered on 27 Sep 2017 with Roc Mumbai & aged 9 years 26 days as per MCA records.
News
Frequently asked questions
Valor Innovations is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 27 September 2017 (9+ years old) and is registered under CIN U72900MH2017PTC300176.
Valor Innovations has 4 current directors:
- Ankur Kamal Bhageria - Managing Director
- Mridul Arora - Nominee Director
- Dushyant Agarwal - Director
- Jesal Ankur Bhageria - Director
The latest financial statements of Valor Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Valor Innovations is 27AAGCV1177J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Valor Innovations is U72900MH2017PTC300176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Valor Innovations was incorporated on 27 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Valor Innovations has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.11 Cr; the latest was in August 2022.
Dushyant Agarwal ceased to be Additional Director on 30 Sep 2020. Dushyant Agarwal was appointed as Director on 31 Jul 2020. Mridul Arora was appointed as Nominee Director on 18 Sep 2019. Valor Innovations has 6 board changes on record in total.
Yes, Valor Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Valor Innovations is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0216366).