About Wego Search Technologies Private Limited
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Wego Search Technologies Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Wego Pte Ltd. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012FTC067328. Its GSTIN is 29AABCW3270A1ZL (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Ross Allan Veitch and Bernard Peter Corraya.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indiqube Crystal Municipal No. 73 Church Street, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.59 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -12.9%) and EBITDA of -₹2.29 Cr (EBITDA margin -9.7%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years and 76% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wego.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wego.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressIndiqube Crystal Municipal No. 73 Church Street, Bengaluru, Karnataka, India – 560001
- IndustryInformation Technology, Application Development & Software Solutions
- 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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Business Activity of Wego Search Technologies Private Limited
The main business activity of Wego Search Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal | 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.
Financials of Wego Search Technologies Private Limited FY 2025 filings available
Wego Search Technologies Private Limited reported revenue of ₹23.59 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wego Search Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 76% over five years, including 45% growth in the latest year. EBITDA fell 957% 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 Wego Search 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 | -₹2.29 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.04 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 of Wego Search Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -12.9% | •••• | •••• | •••• | •••• |
| 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 Wego Search 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.
Peer Comparison of Wego Search Technologies Private Limited
Wego Search Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harbinger Interactive Learning Private Limited | ₹23.73 Cr (FY 2022) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Squad Technologies Private Limited | ₹23.69 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Aureole Technologies Private Limited | ₹23.67 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Rang Infosoft Private Limited | ₹23.66 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Ahmedabad, Gujarat, India |
| Medicover Tech India Private Limited | ₹23.61 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Wego Search Technologies Private Limited this company | ₹23.59 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bengaluru, Karnataka, India |
| Enlume Technologies Private Limited | ₹23.55 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Globalvision Information Technologies Private Limited | ₹23.52 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Abc Systems Private Limited | ₹23.42 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | New Delhi, Delhi, India |
| Benchmark IT Solutions India Private Limited | ₹23.35 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Pune, Maharashtra, India |
| Innoval Digital Solutions Private Limited | ₹23.34 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Wego Search Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wego Search Technologies Private Limited
Wego Search Technologies Private Limited is audited by RAO N & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO N & 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 Wego Search Technologies Private Limited
Wego Search Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ross Allan Veitch | Director | 19 Dec 2012 | 13 Years 9 Months | Current |
| Bernard Peter Corraya Also directs: White Labs India Private Limited, Seeiv Consulting Private Limited | Director | 12 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Wego Search 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 Wego Search Technologies Private Limited
Wego Search Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wego Search Technologies Private Limited
Wego Search Technologies Private Limited has a workforce of 60 employees as of Apr 03, 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.
News related to Wego Search Technologies Private Limited
Recent Activity on Wego Search Technologies Private Limited
Wego Search Technologies Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Venugopal Srinivas ceased to be Director on 24 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Wego Search 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 Wego Search 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 Wego Search 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
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GST Compliance of Wego Search Technologies Private Limited
Wego Search Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW3270A1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AABCW3270A2ZK | Karnataka | Active | 21 May 2025 |
| 27AABCW3270A1ZP | Maharashtra | Active | 27 Dec 2024 |
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.
MCA Filings & Documents of Wego Search 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.
Frequently Asked Questions about Wego Search Technologies Private Limited
Wego Search Technologies is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 2012 (14+ years old) and is registered under CIN U72200KA2012FTC067328.
Wego Search Technologies reported revenue of ₹23.59 Cr for FY 2025 (up 45% YoY).
Wego Search Technologies has 2 current directors:
- Ross Allan Veitch - Director
- Bernard Peter Corraya - Director
Wego Search Technologies reported a net loss of ₹3.04 Cr (net margin -12.9%) and EBITDA of -₹2.29 Cr (EBITDA margin -9.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wego Search Technologies is 141% over three years and 76% over five years. In the latest year (FY 2025) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wego Search Technologies is 29AABCW3270A1ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCW3270A2ZK (Karnataka), 27AABCW3270A1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Wego Search Technologies is U72200KA2012FTC067328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wego Search Technologies was incorporated on 19 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Wego Search Technologies by revenue are Harbinger Interactive Learning Private Limited, Squad Technologies Private Limited, Aureole Technologies Private Limited, Rang Infosoft Private Limited, Medicover Tech India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Venugopal Srinivas ceased to be Director on 24 Feb 2025. Bernard Peter Corraya ceased to be Additional Director on 30 Sep 2017. Ashwin Jayasankar ceased to be Director on 22 Jun 2017. Wego Search Technologies has 6 board changes on record in total.
Wego Search Technologies can be reached through the website wego.co.in. Its registered office is in Bengaluru, Karnataka, India.