DPIIT recognised startup Government of India
Startup India
Vlinder Labs Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.08 Cr
▼ 44% YoY
Net loss · FY 2025
₹1.17 Cr
Net margin -56.3%
EBITDA · FY 2025
-₹1.08 Cr
EBITDA margin -52%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
7
As per MCA filings
Active GSTINs
1
GST registered
About Vlinder Labs Private Limited
Data last updated:
Vlinder Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72502KA2018PTC118737. Its GSTIN is 29AAGCV6870J1ZM (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Srinivasan Madhusudhan and Panneerselvam Chezhyan.
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 Isprout Business Centre Shilpitha Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -56.3%) and EBITDA of -₹1.08 Cr (EBITDA margin -52%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 46% over five years.
The company is associated with 1 brand: Vlinder.
Vlinder Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0228818). For more details, the company can be reached via its website vlinder.io.
Company details
CIN U72502KA2018PTC118737
Registration Number 118737
Incorporation Date 22 November 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0228818
Key People
Srinivasan Madhusudhan Director Panneerselvam Chezhyan Director Malini Srinivasan Director Recognitions & Rankings of Vlinder Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0228818
Contact details
Vlinder Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is vlinder.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No 55/3 & 55/4 Isprout Business Centre, Isprout Business Centre Shilpitha Tech Park, Bangalore, Karnataka, India – 560103
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Vlinder Labs Private Limited, buy the company report.
Comprehensive company report
Vlinder Labs 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
Vlinder Labs operates one associated brand: vlinder. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain, supply chain, and identity management solutions are provided. | vlinder.io |
Business activity
The main business activity of Vlinder Labs 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 Vlinder Labs Private Limited, buy the company report.
Financials of Vlinder Labs Private Limited
FY 2025 filings availableVlinder Labs Private Limited reported revenue of ₹2.08 Cr (down 44% YoY) for FY 2025.
Revenue · FY 2025
₹2.08 Cr ▼ 44%
Net loss · FY 2025
₹1.17 Cr margin -56.3%
EBITDA · FY 2025
-₹1.08 Cr margin -52%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 21%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 811%
3 years · compounded
▼ 70%
5 years · compounded
▼ 137%
Revenue fell 44% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 811% 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 | -₹1.08 Cr | ||||
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| Net Profit (PAT) | -₹1.17 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 | -52% | ||||
| Net Profit Margin | -56.3% | ||||
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To see the full financial statements and ratios of Vlinder Labs Private Limited, buy the company report.
Board of directors of Vlinder Labs Private Limited
Vlinder Labs has 7 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Madhusudhan | Director | 05 May 2021 | 5 Years 5 Months | Current |
| Panneerselvam Chezhyan | Director | 22 Nov 2018 | 7 Years 11 Months | Current |
| Malini Srinivasan | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Bharani Muthuvel | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Devi Prasad Punja | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Gururaja Undemane Narayana Bhat Also directs: Softkea Tech Private Limited | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Vlinder Labs Private Limited is audited by P.A. Hameed & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.A. Hameed & Associates | FY 2022 | 005527S |
Shareholding
The shareholding of Vlinder Labs 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 Vlinder Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vlinder Labs 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 Vlinder Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vlinder Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCV6870J1ZM | Karnataka | Active | 01 Apr 2019 |
To see the full GST registrations and return filing status of Vlinder Labs Private Limited, buy the company report.
Recent activity
Vlinder Labs Private Limited has 8 board changes on record since 2018: 7 appointments and 1 cessation. The latest: Kaliraj ceased to be Director on 27 Aug 2024.
AGM
Vlinder Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vlinder Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kaliraj ceased to be Director.
Appointed
Bharani Muthuvel was appointed as Director.
Appointed
Devi Prasad Punja was appointed as Director.
Appointed
Gururaja Undemane Narayana Bhat was appointed as Director.
Appointed
Malini Srinivasan was appointed as Director.
Appointed
Muthaiyan Arivuselvi was appointed as Director.
Appointed
Srinivasan Madhusudhan was appointed as Director.
Appointed
Panneerselvam Chezhyan was appointed as Director.
Incorporation
22 Nov 2018
Vlinder Labs Private Limited was registered on 22 Nov 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
Vlinder Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U72502KA2018PTC118737.
Vlinder Labs has 7 current directors:
- Srinivasan Madhusudhan - Director
- Panneerselvam Chezhyan - Director
- Malini Srinivasan - Director
- Bharani Muthuvel - Director
- Devi Prasad Punja - Director
- Gururaja Undemane Narayana Bhat - Director
- Muthaiyan Arivuselvi - Director
The latest financial statements of Vlinder Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Vlinder Labs is 29AAGCV6870J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Vlinder Labs is U72502KA2018PTC118737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vlinder Labs was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Kaliraj ceased to be Director on 27 Aug 2024. Bharani Muthuvel was appointed as Director on 24 Aug 2021. Devi Prasad Punja was appointed as Director on 24 Aug 2021. Vlinder Labs has 8 board changes on record in total.
Yes, Vlinder Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vlinder Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0228818).
Vlinder Labs can be reached through the website vlinder.io. Its registered office is in Bangalore, Karnataka, India.