About Variance Edventures Private Limited
Data last updated: 25 February 2026
Variance Edventures Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It specialises in business and IT consulting, a part of the broader business process outsourcing sector. Incorporated on 20 September 2018, the company has been in operation for over 8 years.
Registered with ROC Bangalore under CIN U80301KA2018PTC116643.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Hemanth and Gagan Gowda Ramachandra Tungani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: No. 242 Ags Layout Arehalli (Bda) 11Th Main Subramanyapura Post, Bangalore, Karnataka, India – 560061.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,921, a decline of 100% compared to the previous year.
The company is associated with 1 brand - Variance.Ai.
For more details, the company can be reached via its website varianceedventures.in.
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Registered AddressNo. 242 Ags Layout Arehalli (Bda) 11Th Main Subramanyapura Post, Bangalore, Karnataka, India – 560061
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IndustryBusiness Outsourcing, Business & IT Consulting
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Variance Edventures Private Limited
Variance Edventures Private Limited operates one associated brand: Variance.AI. These brands represent Variance Edventures Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| AI-based wearable platform for fitness data tracking is provided. | variance.ai |
Competitors & Alternatives of Variance Edventures Private Limited
Brands and companies operating in the same space as Variance Edventures Private Limited include Fiit, Doublepoint, Ochy and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fiit
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Provider of fitness and workout tracking app | London, United Kingdom, United Kingdom | 2017 |
Doublepoint
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Gesture recognition is developed via wristbands that capture touch vibrations. | Helsinki, Finland, Finland | 2020 |
Ochy
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AI-assisted app for analyzing runners' body movements is provided. | Rennes, France, France | 2021 |
Muse Wearables
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Smartwatch and app for fitness and nutrition tracking are developed. | Chennai, India, India | 2015 |
AyuRythm
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Mobile app offering personalized wellness recommendations based on health parameters | Bengaluru, India, India | 2018 |
Zivov
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AI-based chronic care platform is provided for patients and doctors. | Delhi, India, India | 2020 |
Pytheos Health Systems
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Provider of digital health platform to mange fitness & wellness | Bengaluru, India, India | 2016 |
iQniter
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Provider of guided training plans based on individual's heart rate | Aalborg, Denmark, Denmark | 2011 |
H2L
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Smart bands for hand gesture tracking in VR are developed. | Tokyo, Japan, Japan | 2012 |
Business Activity of Variance Edventures Private Limited
Variance Edventures Private Limited engages in various principal business activities across different sectors. The company's activity codes and classifications provide detailed insights into its operational scope and industry focus.
| 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 for Variance Edventures Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Variance Edventures Private Limited
Variance Edventures Private Limited is audited by Sharath Udupi & Co. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sharath Udupi & Co. | Locked | Locked | Locked |
Complete auditor history for Variance Edventures Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Variance Edventures Private Limited
Variance Edventures Private Limited is currently managed by 3 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Hemanth
Also directs:
Bangalore Agri Innovation Private Limited
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Director | 31 Dec 2020 | 5 Years 7 Months | Current |
| Gagan Gowda Ramachandra Tungani | Director | 03 Apr 2022 | 4 Years 4 Months | Current |
| Pavan Kumar Aswatha Kumar | Director | 20 Sep 2018 | 7 Years 10 Months | Current |
Financials of Variance Edventures Private Limited FY 2025 filings available
Variance Edventures Private Limited reported revenue of ₹1,921 (down 100.00% YoY) for FY 2025.
Ten-year financial statements for Variance Edventures Private Limited
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Ownership and Shareholding of Variance Edventures Private Limited
Shareholding and ownership data for Variance Edventures Private Limited
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Charges & Borrowings Variance Edventures Private Limited
Variance Edventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Variance Edventures Private Limited
View historical data on people associated with Variance Edventures Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Variance Edventures Private Limited
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GST Compliance of Variance Edventures Private Limited
GST registrations and filing compliance for Variance Edventures Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Variance Edventures Private Limited
Credit ratings, litigation, and regulatory alerts for Variance Edventures Private Limited
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- Rating history
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MSME Payment Delays by Variance Edventures Private Limited
MSME payment history for Variance Edventures Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
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Subsidiaries & Group Companies of Variance Edventures Private Limited
Corporate group structure for Variance Edventures Private Limited
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MCA Filings & Documents of Variance Edventures Private Limited
MCA filings and documents for Variance Edventures Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Variance Edventures Private Limited
Frequently Asked Questions about Variance Edventures Private Limited
Variance Edventures Private Limited is an active private limited company in the business outsourcing sector based in Bangalore, Karnataka, India. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U80301KA2018PTC116643.
Variance Edventures Private Limited reported revenue of ₹1,921 for FY 2025 (down 100.00% YoY).
The current directors of Variance Edventures Private Limited are:
- Hemanth - Director
- Gagan Gowda Ramachandra Tungani - Director
- Pavan Kumar Aswatha Kumar - Director
The primary industry of Variance Edventures Private Limited is business outsourcing. The company specifically operates in business and IT consulting. The company is currently active in this sector.
Yes, Variance Edventures Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Variance Edventures Private Limited can be reached at the registered office: No. 242 Ags Layout Arehalli Bda 11Th Main Subramanyapura Post, Bangalore, Karnataka, India – 560061, or through the website varianceedventures.in.