Wecred Technologies Private Limited

Wecred Technologies Private Limited - internet in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2019PTC122795 Incorporated 27 March 2019 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company internet DPIIT Startup
Data last updated
Authorised capital
₹14 Cr
Registered with MCA
Paid-up capital
₹9.96 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Brands
1
Associated brands
Last financials
Mar 2023
Balance sheet date
Last AGM
30 Sep 2023
Annual general meeting

About Wecred Technologies Private Limited

Data last updated:

Wecred Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 27 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC122795. Its GSTIN is 29AACCW3993R1Z7 (Karnataka).

The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹9.96 Cr. It is led by directors Arsha P Joy and Nithin Venkatachalaiah.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.

The company is associated with 1 brand: Wecred Technologies.

For more details, the company can be reached via its website rupeebus.com.

Company details

CIN U74999KA2019PTC122795
Registration Number 122795
Incorporation Date 27 March 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Wecred Technologies

DPIIT recognised startup Government of India
Startup India

Contact details

Wecred Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is rupeebus.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Ground Floor Cowrks The Bay Area – Adjacent 6A Building Orr Devarabeesanahalli Villag, E, Bangalore, Karnataka, India – 560103
  • Industry
    Internet, Online Financial Services

To see the full contact details of Wecred Technologies Private Limited, buy the company report.

Comprehensive company report
Wecred Technologies 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

Wecred Technologies operates one associated brand: Wecred Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
Offers an app-based platform for personal loans.wecred.in

Business activity

The main business activity of Wecred Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Wecred Technologies Private Limited, buy the company report.

Financials of Wecred Technologies Private Limited

FY 2023 filings available

Financial Statement Summary

MetricsFY 2019-20FY 2018-19
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Wecred Technologies Private Limited, buy the company report.

Board of directors of Wecred Technologies Private Limited

Wecred Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arsha P JoyDirector13 Dec 20196 Years 10 MonthsCurrent
Nithin VenkatachalaiahDirector13 Dec 20196 Years 10 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wecred Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Wecred Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCW3993R1Z7KarnatakaActive14 Jun 2019

To see the full GST registrations and return filing status of Wecred Technologies Private Limited, buy the company report.

Recent activity

Wecred Technologies Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Arsha P Joy ceased to be Additional Director on 30 Nov 2020.

AGM
Wecred Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Wecred Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Arsha P Joy ceased to be Additional Director.
Ceased
Nithin Venkatachalaiah ceased to be Additional Director.
Ceased
Akshat Saxena ceased to be Director.
Appointed
Arsha P Joy was appointed as Director.
Appointed
Nithin Venkatachalaiah was appointed as Director.
Ceased
Wenhui Zheng ceased to be Additional Director.
Ceased
Siva Nagajyothi Dubbula ceased to be Director.
Incorporation
27 Mar 2019
Wecred Technologies Private Limited was registered on 27 Mar 2019 with Roc Bangalore & aged 7 years 7 months as per MCA records.

Frequently asked questions

Wecred Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 27 March 2019 (7+ years old) and is registered under CIN U74999KA2019PTC122795.

Wecred Technologies has 2 current directors:

The latest financial statements of Wecred Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Wecred Technologies is 29AACCW3993R1Z7, registered in Karnataka.

The CIN (Corporate Identification Number) of Wecred Technologies is U74999KA2019PTC122795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wecred Technologies was incorporated on 27 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Arsha P Joy ceased to be Additional Director on 30 Nov 2020. Nithin Venkatachalaiah ceased to be Additional Director on 30 Nov 2020. Akshat Saxena ceased to be Director on 13 Dec 2019. Wecred Technologies has 7 board changes on record in total.

Yes, Wecred Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Wecred Technologies can be reached through the website rupeebus.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Wecred Technologies is at Ground Floor Cowrks The Bay Area – Adjacent 6A Building Orr Devarabeesanahalli Villag, E, Bangalore, Karnataka, India – 560103.