About Veave Technologies Private Limited
Data last updated:
Veave Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 22 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2011PTC060539. Its GSTIN is 29AADCV8103B1ZK (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Veavetechnology Solutions Private Limited. It is led by directors including Vinay Madurepalligopalakrishnan Kumar and Vijay Boregowda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.5 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹80.71 Lakh (net margin 6%) and EBITDA of ₹1.61 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 27% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: BigHotList, AeroIT and Veave. As per MCA filings, the company has open charges of ₹3.81 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veave.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.107 Third Floor Gokaram'S Complex 2nd Main 7th Block West Of Kanakapura Road Jaya, Nagara, Bangalore, Karnataka, India – 560011
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Associated Brands with Veave Technologies Private Limited
Veave Technologies operates multiple associated brands including BigHotList, AeroIT, and Veave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a corp-to-corp and bench sales recruitment portal. | bighotlist.com | |
| Provides operational management software for charter flying, flight training, and maintenance. | aeroit.co.in | |
| Certification consulting services are provided by Veave in India. | veave.in |
Competitors & Alternatives of Veave Technologies Private Limited
Brands and companies operating in the same space as Veave Technologies Private Limited include Upwork, Fiverr, Booz Allen Hamilton and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Upwork | Businesses are connected with freelancers via an online marketplace. | San Francisco, United States | 1999 |
 Fiverr | Freelance services are facilitated via an online multi-industry marketplace. | Tel Aviv, Israel | 2010 |
 Booz Allen Hamilton | Analytics, cybersecurity, and digital transformation services are provided. | Mclean, United States | 1914 |
 Freelancer | An online marketplace is operated for freelancers in various industries. | Sydney, Australia | 2009 |
 Cyient | Provider of digital engineering and technology services | Hyderabad, India | 1991 |
 ZS | Strategic and management consulting services are provided worldwide. | Evanston, United States | 1983 |
 Teneo | Business consulting, financial advisory, and crisis management services are provided. | New York, United States | 2011 |
 Iziwork | Freelancers are matched with employers via an online job platform. | Paris, France | 2018 |
 Prophet | Brand and marketing consulting solutions provider | San Francisco, United States | 1992 |
 Huron Consulting Group | Advisory, consulting, technology, and analytics solutions are provided across industries. | Amman, Jordan | 2002 |
Business Activity of Veave Technologies Private Limited
The main business activity of Veave Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Veave Technologies Private Limited
Veave Technologies Private Limited is audited by S B V A & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B V A & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Veave Technologies Private Limited
Veave Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Madurepalligopalakrishnan Kumar | Director | 22 Sep 2011 | 15 Years 0 Months | Current |
| Vijay Boregowda Also directs: Sakkare Initiative Private Limited, Bookaprop Estates Private Limited, Top Certifier Consultancy Private Limited and 1 more | Director | 22 Sep 2011 | 15 Years 0 Months | Current |
| Subhash Ramrao Mashalkar | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Financials of Veave Technologies Private Limited FY 2025 filings available
Veave Technologies Private Limited reported revenue of ₹13.5 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Veave Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 32% growth in the latest year. EBITDA rose 54% 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 Veave Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹80.71 Lakh | •••• | •••• | •••• | •••• |
| 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 Veave Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| 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 Veave Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Veave Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Veave Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2023 | Others | ₹3.36 Cr | Open |
| 18 May 2022 | Hdfc Bank Limited | ₹10 Lakh | Open |
| 24 Nov 2015 | Axis Bank Limited | ₹35 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Veave Technologies Private Limited
Veave Technologies Private Limited has a workforce of 16 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Veave Technologies Private Limited
Veave Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV8103B1ZK | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Veave Technologies Private Limited
Veave Technologies Private Limited has 7 court cases on record: 6 filed by Veave Technologies, 1 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against HRV Certpro Private Limited | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against HRV Certpro Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against HRV Certpro Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Commissioner of Commercial Taxes | Pending |
| High Court of Karnataka | Revision petition | Filed against the company by Zeal Encore Technologies | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Veave Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Veave Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Veave Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Veave Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Veave Technologies Private Limited
Frequently Asked Questions about Veave Technologies Private Limited
Veave Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 22 September 2011 (15+ years old) and is registered under CIN U72200KA2011PTC060539.
Veave Technologies reported revenue of ₹13.5 Cr for FY 2025 (up 32% YoY).
Veave Technologies has 3 current directors:
- Vinay Madurepalligopalakrishnan Kumar - Director
- Vijay Boregowda - Director
- Subhash Ramrao Mashalkar - Director
Veave Technologies reported a net profit of ₹80.71 Lakh (net margin 6%) and EBITDA of ₹1.61 Cr (EBITDA margin 11.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Veave Technologies is 29% over three years and 27% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Veave Technologies is 29AADCV8103B1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Veave Technologies is U72200KA2011PTC060539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veave Technologies has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Veave Technologies was incorporated on 22 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.