DPIIT recognised startup Government of India
Startup India
We Founder Circle Private Limited - financial services in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.58 Cr
▲ 29% YoY
Net loss · FY 2025
₹1.16 Cr
Net margin -13.6%
EBITDA · FY 2025
-₹98.99 Lakh
EBITDA margin -11.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.39 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
4
GST registered
About We Founder Circle Private Limited
Data last updated:
We Founder Circle Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC158857. Its GSTIN is 24AACCW7549P1ZL (Gujarat). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.39 Lakh. It is led by directors Vikas Aggarwal and Gaurav Singhvi.
Its last annual general meeting (AGM) was held on 18 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.58 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr (net margin -13.6%) and EBITDA of -₹98.99 Lakh (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The company is associated with 1 brand: We Founder Circle. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending. The company has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in April 2022.
We Founder Circle Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0022061). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wefoundercircle.com.
Company details
CIN U74999GJ2020PTC158857
Registration Number 158857
Incorporation Date 22 September 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0022061
CIN history
We Founder Circle has one previous CIN (Corporate Identification Number): U74999MH2020PTC346476. The current CIN is U74999GJ2020PTC158857, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2020PTC158857 | Current |
| U74999MH2020PTC346476 | Previous |
Key People
Vikas Aggarwal Director Gaurav Singhvi Director Recognitions & Rankings of We Founder Circle
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0022061
Contact details
We Founder Circle Private Limited's registered office is in Surat, Gujarat.
- Social Media
- Registered AddressH.No – 2886/B – 1 – 2 3rd Fl. Off – 3/A – B, F. S. Tower Salabatpura Ring Road B/H Trividh Building, Surat, Gujarat, India – 395002
- IndustryFinancial Services, Diversified Financial Services
Comprehensive company report
We Founder Circle 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
We Founder Circle operates one associated brand: We Founder Circle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment in early-stage startups and global community support. | wefoundercircle.com |
Business activity
The main business activity of We Founder Circle is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of We Founder Circle Private Limited, buy the company report.
Financials of We Founder Circle Private Limited
FY 2025 filings availableWe Founder Circle Private Limited reported revenue of ₹8.58 Cr (up 29% YoY) for FY 2025.
Revenue · FY 2025
₹8.58 Cr ▲ 29%
Net loss · FY 2025
₹1.16 Cr margin -13.6%
EBITDA · FY 2025
-₹98.99 Lakh margin -11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 73% over three years, including 29% growth in the latest year. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
| 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 | -₹98.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.16 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -13.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of We Founder Circle Private Limited, buy the company report.
Board of directors of We Founder Circle Private Limited
We Founder Circle has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Aggarwal | Director | 19 Sep 2025 | 1 Years 1 Months | Current |
| Gaurav Singhvi Also directs: Gsvfs Consultancy LLP, Gaurav Singhvi Ventures LLP, Business Support Service LLP and 5 more | Director | 17 Sep 2021 | 5 Years 1 Months | Current |
Deals & funding
We Founder Circle Private Limited has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in April 2022.
Total deals
7
Rights issues
3
Secondary share transfers
3
Funding round
1
Disclosed funding
₹1.82 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹23.14 Cr | Investors: 4 individuals |
| Jan 2022 | Funding round | ₹1.82 Cr | Investors: Caspio Advisory Limited, 3 individuals |
| Jul 2021 | Rights issue | ₹12.47 Cr | Investors: Automyne Private Limited , 3 individuals |
| Mar 2021 | Rights issue | ₹1.5 Cr | Investors: 4 individuals |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
To see the full deal history of We Founder Circle 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
We Founder Circle Private Limited has 3 court cases on record: 1 filed by We Founder Circle, 2 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| NCLT | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Commercial suit | Filed against the company by Printbrix Private Limited Through Its Director Mr Shreshth Aggarwal | Pending |
| NCLT, NCLT Chandigarh | Insolvency matter | Filed by the company against Chillpill Venture Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Parkmont IT and Infra Pvt Ltd Through Mr Sachin Kumar | Disposed |
To see the full case history of We Founder Circle 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 We Founder Circle Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
We Founder Circle has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCW7549P1ZL | Gujarat | Active | 04 Jun 2022 |
| 27AACCW7549P1ZF | Maharashtra | Active | 09 Sep 2021 |
| 09AACCW7549P1ZD | Uttar Pradesh | Active | 06 Oct 2022 |
| 29AACCW7549P1ZB | Karnataka | Active | 21 Oct 2022 |
To see the full GST registrations and return filing status of We Founder Circle Private Limited, buy the company report.
Recent activity
We Founder Circle Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Vikas Aggarwal was appointed as Director on 19 Sep 2025.
AGM
We Founder Circle Private Limited last Annual general meeting of members was held on 18 Oct 2025 as per latest MCA records.
Appointed
Vikas Aggarwal was appointed as Director.
Ceased
Neeraj Tyagi ceased to be Director.
Filing
We Founder Circle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Gaurav Singhvi ceased to be Additional Director.
Appointed
Gaurav Singhvi was appointed as Director.
Ceased
Nidhi Gaurav Singhvi ceased to be Director.
Incorporation
22 Sep 2020
We Founder Circle Private Limited was registered on 22 Sep 2020 with Roc Ahmedabad & aged 6 years 1 month as per MCA records.
News
From our blog
Frequently asked questions
We Founder Circle is an active private limited company based in Surat, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 September 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC158857.
We Founder Circle has 2 current directors:
- Vikas Aggarwal - Director
- Gaurav Singhvi - Director
The latest financial statements of We Founder Circle on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 October 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of We Founder Circle is 24AACCW7549P1ZL, registered in Gujarat. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AACCW7549P1ZF (Maharashtra), 09AACCW7549P1ZD (Uttar Pradesh), 29AACCW7549P1ZB (Karnataka).
The CIN (Corporate Identification Number) of We Founder Circle is U74999GJ2020PTC158857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We Founder Circle has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
We Founder Circle was incorporated on 22 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
We Founder Circle has 7 deals on record (3 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.82 Cr; the latest was in April 2022.
Vikas Aggarwal was appointed as Director on 19 Sep 2025. Neeraj Tyagi ceased to be Director on 17 Aug 2025. Gaurav Singhvi ceased to be Additional Director on 30 Dec 2021. We Founder Circle has 5 board changes on record in total.
Yes, We Founder Circle is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages