About Vilcart Solutions Private Limited
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Vilcart Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2018PTC113462. Its GSTIN is 29AAGCV4428E1Z7 (Karnataka). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹56.16 Lakh and a paid-up capital of ₹31.94 Lakh. It is led by directors including Chikkabore Gowda Prasanna Kumar and Prashanth Prakash.
Its last annual general meeting (AGM) was held on 29 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 ₹1,122.34 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹83.56 Cr (net margin -7.4%) and EBITDA of -₹74.36 Cr (EBITDA margin -6.6%). Revenue has grown at a compounded annual rate (CAGR) of 75% over three years and 120% over five years.
The company has about 886 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vilcart. As per MCA filings, the company has open charges of ₹50.16 Cr and satisfied charges of ₹35 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹266.18 Cr; the latest was in February 2025. Its 3 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading) are compared by revenue, 3 smaller; the largest is Nirman Associates Private Limited with revenue of ₹1,060.44 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vilcart.in.
Company details
CIN history
Vilcart Solutions has one previous CIN (Corporate Identification Number): U52190KA2018PTC113462. The current CIN is U74110KA2018PTC113462, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2018PTC113462 | Current |
| U52190KA2018PTC113462 | Previous |
Contact details
Vilcart Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is vilcart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRr Complex #287 – A Ideal Homes Township, 12th Cross Road Kenchenahalli Rajarajeshwarinagar, Bangalore, Karnataka, India – 560098
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Vilcart Solutions 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
Brands
Vilcart Solutions operates one associated brand: Vilcart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Tech-enabled logistics solutions are provided for rural retailers in India. | vilcart.in |
Business activity
The main business activity of Vilcart Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vilcart Solutions Private Limited, buy the company report.
Financials of Vilcart Solutions Private Limited
FY 2025 filings availableVilcart Solutions Private Limited reported revenue of ₹1,122.34 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 120% over five years, including 27% growth in the latest year. EBITDA fell 35% 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 | -₹74.36 Cr | ||||
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| Net Profit (PAT) | -₹83.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -7.4% | ||||
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To see the full financial statements and ratios of Vilcart Solutions Private Limited, buy the company report.
Board of directors of Vilcart Solutions Private Limited
Vilcart Solutions has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chikkabore Gowda Prasanna Kumar Also directs: Vilcart Connect Private Limited, Truefold Products Private Limited, Rural Pulse Media Private Limited and 1 more | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Massimo Vita | Nominee Director | 01 Feb 2023 | 3 Years 8 Months | Current |
| Prashanth Prakash Also directs: Discovery Grape Services LLP, Erasmic Investment Advisors LLP, Accel Partners India LLP and 5 more | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Amith Shiva Mali Also directs: Vilcart Connect Private Limited, Truefold Products Private Limited | Director | 27 Oct 2018 | 7 Years 11 Months | Current |
Peer comparison
Vilcart Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vilcart Solutions Private Limitedthis company | ₹1,122.34 Cr (FY 2025) | -₹83.56 Cr | -7.4% | 27.0% | 886 | Bangalore, Karnataka, India |
| Nirman Associates Private Limited | ₹1,060.44 Cr (FY 2025) | 4.0% | Delhi, India | |||
| CP Wholesale India Private Limited | ₹1,023 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Egunath Commtrade Private Limited | ₹830.04 Cr (FY 2022) | 0.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Vilcart Solutions Private Limited, buy the company report.
Auditor
Vilcart Solutions Private Limited is audited by RHG & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHG & Associates | FY 2023 | 011682S |
Shareholding
The shareholding of Vilcart Solutions 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 Vilcart Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2024 | 100955222 | Others | ₹20 Cr | Open | |
| 13 Dec 2023 | 100854104 | Others | ₹30 Cr | Open | |
| 24 Nov 2022 | 100673430 | Others | ₹16.1 Lakh | Open | |
| 23 Jun 2023 | 100741033 | Others | ₹15 Cr | Satisfied | |
| 07 Sep 2022 | 100794748 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Vilcart Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Vilcart Solutions Private Limited has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹266.18 Cr; the latest was in February 2025.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Asia Impact Seller: Polyflex(India) Private Limited , 3 individuals |
| Feb 2023 | Funding round | ₹12 Cr | Investors: Test Yantra Software Solutions (India) Private Limited |
| May 2022 | Debt financing | ₹5 Cr | Investors: Texterity Private Limited |
| Aug 2020 | Funding round | ₹1 Cr | Investors: Padmashree Medicare Private Limited |
| Jun 2020 | Funding round | ₹2.96 Cr | Investors: Polyflex(India) Private Limited , 3 individuals |
To see the full deal history of Vilcart Solutions 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
Vilcart Solutions Private Limited has 4 court cases on record: 3 filed by Vilcart Solutions, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Court case (ECA) | Filed against the company by an individual | Pending |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against U.K.Enterprises Proprietor RPS B Boregowda | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against U.K.Enterprises Proprietor RPS B Boregowda | Disposed |
To see the full case history of Vilcart Solutions Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vilcart Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vilcart Solutions Private Limited has a workforce of 886 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Vilcart Solutions has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV4428E1Z7 | Karnataka | Active | 03 Jul 2018 |
| 29AAGCV4428E2Z6 | Karnataka | Active | 28 Feb 2025 |
| 37AAGCV4428E1ZA | Andhra Pradesh | Active | 18 Aug 2020 |
| 33AAGCV4428E1ZI | Tamil Nadu | Active | 23 Mar 2021 |
To see the full GST registrations and return filing status of Vilcart Solutions Private Limited, buy the company report.
Recent activity
Vilcart Solutions Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Massimo Vita was appointed as Nominee Director on 01 Feb 2023.
8 earlier events are in the company report.
News
Frequently asked questions
Vilcart Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 May 2018 (8+ years old) and is registered under CIN U74110KA2018PTC113462.
Vilcart Solutions has 4 current directors:
- Chikkabore Gowda Prasanna Kumar - Director
- Massimo Vita - Nominee Director
- Prashanth Prakash - Director
- Amith Shiva Mali - Director
The latest financial statements of Vilcart Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vilcart Solutions is 29AAGCV4428E1Z7, registered in Karnataka. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 29AAGCV4428E2Z6 (Karnataka), 37AAGCV4428E1ZA (Andhra Pradesh), 33AAGCV4428E1ZI (Tamil Nadu).
The CIN (Corporate Identification Number) of Vilcart Solutions is U74110KA2018PTC113462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vilcart Solutions has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Vilcart Solutions was incorporated on 25 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Vilcart Solutions has 20 deals on record (13 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹266.18 Cr; the latest was in February 2025.
The peers of Vilcart Solutions by revenue are Nirman Associates Private Limited, CP Wholesale India Private Limited, Egunath Commtrade Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading).
Massimo Vita was appointed as Nominee Director on 01 Feb 2023. Prashanth Prakash ceased to be Additional Director on 30 Nov 2021. Prashanth Prakash was appointed as Director on 21 Jun 2021. Vilcart Solutions has 8 board changes on record in total.
Vilcart Solutions can be reached through the website vilcart.in. Its registered office is in Bangalore, Karnataka, India.