MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0060846
Vartis Platforms Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹366.58 Cr
▲ 55% YoY
Net profit · FY 2026
₹96.2 Cr
Net margin 26.2%
EBITDA · FY 2026
₹132.81 Cr
EBITDA margin 36.2%
Authorised capital
₹2.01 Cr
Registered with MCA
Paid-up capital
₹1.63 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
209
Provident fund records
Directors on board
5
As per MCA filings
About Vartis Platforms Private Limited
Data last updated:
Vartis Platforms Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC318128. Its GSTIN is 27AADCL7859G1Z3 (Maharashtra).
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.63 Lakh. It is led by directors including Rital Manubhai Gangadiya and Bhavin Govindbhai Patel.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cts No 141 Kuber Chembers Datta Mandir Rd, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2026, the company reported a revenue of ₹366.58 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹96.2 Cr (net margin 26.2%) and EBITDA of ₹132.81 Cr (EBITDA margin 36.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 63% over five years.
The company has about 209 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: InstaMoney and LendenClub. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹85.47 Cr; the latest was in March 2024. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Finnable Technologies Private Limited with revenue of ₹253.83 Cr.
Vartis Platforms Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0060846). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lendenclub.com.
Company Details of Vartis Platforms Private Limited
CIN U74999MH2018PTC318128
Registration Number 318128
Incorporation Date 11 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0060846
Key People
Rital Manubhai Gangadiya Director Anirudh Ashokkumar Damani Nominee Director Bhavin Govindbhai Patel Director Recognitions & Rankings of Vartis Platforms
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressCts No 141 Kuber Chembers Datta Mandir Rd, Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
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Associated Brands with Vartis Platforms Private Limited
Vartis Platforms operates two associated brands: InstaMoney and LendenClub. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a digital lending platform with comprehensive solutions for individual borrowers. | instamoney.app | |
| Developer of a P2P lending platform for personal loans | lendenclub.com |
Business Activity of Vartis Platforms Private Limited
The main business activity of Vartis Platforms is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Vartis Platforms Private Limited FY 2025 filings available
Vartis Platforms Private Limited reported revenue of ₹366.58 Cr (up 55% YoY) for FY 2026.
Revenue · FY 2026
₹366.58 Cr ▲ 55%
Net profit · FY 2026
₹96.2 Cr margin 26.2%
EBITDA · FY 2026
₹132.81 Cr margin 36.2%
Compounded Annual Growth Rate (CAGR) of Vartis Platforms Private Limited
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 5%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▲ 155%
3 years · compounded
▲ 338%
5 years · compounded
▲ 122%
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 55% growth in the latest year. EBITDA rose 155% 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 Vartis Platforms Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹132.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96.2 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 of Vartis Platforms Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 26.2% | •••• | •••• | •••• | •••• |
| 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 Vartis Platforms are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Vartis Platforms Private Limited
Vartis Platforms has 5 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 |
|---|---|---|---|---|
| Rital Manubhai Gangadiya | Director | 29 Jul 2023 | 3 Years 2 Months | Current |
| Anirudh Ashokkumar Damani Also directs: Innofin Solutions Private Limited, Artha Venture Partners LLP, Singularity Consultancy LLP and 5 more | Nominee Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Bhavin Govindbhai Patel Also directs: Lenden Club Finance Private Limited, Genxpress Opp Private Limited, Roctogen Services Private Limited and 2 more | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
| Amal Parikh Also directs: Avarta Investment Managers LLP, Raphe Mphibr Private Limited, Ohm Stock Broker Private Limited and 5 more | Nominee Director | 25 Jan 2022 | 4 Years 8 Months | Current |
| Dipesh Karki Also directs: Lenden Club Finance Private Limited, Parighi Platform Private Limited, Innofin Solutions Private Limited and 1 more | Director | 11 Dec 2018 | 7 Years 10 Months | Current |
Peer Comparison of Vartis Platforms Private Limited
Vartis Platforms Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vartis Platforms Private Limited this company | ₹366.58 Cr (FY 2026) | •••• | •••• | 55.0% | •••• | Mumbai, Maharashtra, India |
| Finnable Technologies Private Limited | ₹253.83 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bengaluru, Karnataka, India |
| Avanti Finance Private Limited | ₹252.1 Cr (FY 2024) | •••• | •••• | 122.0% | •••• | Bangalore, Karnataka, India |
| Slice Small Finance Bank Limited | ₹251.36 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Gmc, Assam, India |
| Flora Fountain Properties Ltd | ₹245.89 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Jindal Poly Investment and Finance Company Limited Listed | ₹242.32 Cr (FY 2018) | •••• | •••• | -84.0% | •••• | Bulandshahr, Uttar Pradesh, India |
| Tourism Finance Corporation of India Limited Listed | ₹236.3 Cr (FY 2019) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Akasa Finance Limited | ₹235.01 Cr (FY 2025) | •••• | •••• | 149.0% | •••• | New Delhi, Delhi, India |
| Analog Legalhub Technology Solutions Private Limited | ₹226.06 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Analah Capital Private Limited | ₹217.44 Cr (FY 2025) | •••• | •••• | 339.0% | •••• | Mumbai, Maharashtra, India |
| Lentra AI Private Limited | ₹217.4 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vartis Platforms by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vartis Platforms Private Limited
Vartis Platforms Private Limited is audited by Mukund M. Chitale & Co. Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mukund M. Chitale & Co. Chartered Accountants | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Vartis Platforms Private Limited
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Charges & Borrowings of Vartis Platforms Private Limited
Vartis Platforms Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Vartis Platforms Private Limited
Vartis Platforms Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹85.47 Cr; the latest was in March 2024.
Total deals
6
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹85.47 Cr
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nilesh Doshi HUF, 3 individuals |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Angel List, 3 individuals Seller: 3 individuals |
| Mar 2019 | Acquisition | ₹1.66 Cr | Buyer: Artha Venture Fund |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
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Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Vartis Platforms Private Limited
Vartis Platforms Private Limited has a workforce of 209 employees as of Apr 05, 2024.
Employee count
209
Active EPFO establishments
1
Employee growth
50.36%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Vartis Platforms Private Limited
Vartis Platforms has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Lenden Club Finance Private Limited | U65990MH2022PTC376689 | Locked |
| Innofin Solutions Private Limited | U74999MH2015PTC266499 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Vartis Platforms Private Limited
Vartis Platforms Private Limited has 7 board changes on record since 2018: 5 appointments and 2 cessations. The latest: Rital Manubhai Gangadiya ceased to be Additional Director on 15 Sep 2023.
AGM
Vartis Platforms Private Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Filing
Vartis Platforms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Rital Manubhai Gangadiya ceased to be Additional Director.
Appointed
Rital Manubhai Gangadiya was appointed as Director.
Appointed
Amal Parikh was appointed as Nominee Director.
Appointed
Anirudh Ashokkumar Damani was appointed as Nominee Director.
Ceased
Vinod Keni ceased to be Director.
Appointed
Bhavin Govindbhai Patel was appointed as Director.
Appointed
Dipesh Karki was appointed as Director.
Incorporation
11 Dec 2018
Vartis Platforms Private Limited was registered on 11 Dec 2018 with Roc Mumbai & aged 7 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Vartis Platforms Private Limited
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MSME Payment Delays by Vartis Platforms Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Vartis Platforms Private Limited
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GST Compliance of Vartis Platforms Private Limited
Vartis Platforms has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL7859G1Z3 | Maharashtra | Active | 07 Aug 2019 |
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MCA Filings & Documents of Vartis Platforms Private Limited
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Related news about Vartis Platforms Private Limited
Frequently Asked Questions about Vartis Platforms Private Limited
Vartis Platforms is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 December 2018 (8+ years old) and is registered under CIN U74999MH2018PTC318128.
Vartis Platforms reported revenue of ₹366.58 Cr for FY 2026 (up 55% YoY).
Vartis Platforms has 5 current directors:
- Rital Manubhai Gangadiya - Director
- Anirudh Ashokkumar Damani - Nominee Director
- Bhavin Govindbhai Patel - Director
- Amal Parikh - Nominee Director
- Dipesh Karki - Director
Vartis Platforms reported a net profit of ₹96.2 Cr (net margin 26.2%) and EBITDA of ₹132.81 Cr (EBITDA margin 36.2%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vartis Platforms is 5% over three years and 63% over five years. In the latest year (FY 2026) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Vartis Platforms is 27AADCL7859G1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vartis Platforms is U74999MH2018PTC318128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vartis Platforms was incorporated on 11 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Vartis Platforms has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹85.47 Cr; the latest was in March 2024.
The peers of Vartis Platforms by revenue are Finnable Technologies Private Limited, Avanti Finance Private Limited, Slice Small Finance Bank Limited, Flora Fountain Properties Ltd, Jindal Poly Investment and Finance Company Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Rital Manubhai Gangadiya ceased to be Additional Director on 15 Sep 2023. Rital Manubhai Gangadiya was appointed as Director on 29 Jul 2023. Amal Parikh was appointed as Nominee Director on 25 Jan 2022. Vartis Platforms has 7 board changes on record in total.