About Wetark Technologies Private Limited
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Wetark Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Crux Technologies Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC370845. Its GSTIN is 27AADCW1027F1ZM (Maharashtra).
The company has an authorised share capital of ₹1.2 Lakh and a paid-up capital of ₹10,950. It is led by directors including Atharva Manas Padhye and Himank Jain.
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 16 Plot 192 43 New Municipal Building Sewree Wadala Road No 26 Sahakar Nagar, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.31 Lakh (net margin -12.3%) and EBITDA of -₹12.32 Lakh (EBITDA margin -10.6%).
The company is associated with 2 brands: Wetark Technologies and Crux Labs. The company has 1 deal on record (1 funding round), with disclosed funding of ₹21.57 Cr; the latest was in February 2024. Its 10 peer companies in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Informics Digital Private Limited with revenue of ₹1.16 Cr.
For more details, the company can be reached via its website terms.wetark.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address16 Plot 192 43 New Municipal Building Sewree Wadala Road No 26 Sahakar Nagar, Mumbai, Maharashtra, India – 400031
- 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
- One PDF report, delivered after checkout
Business Activity of Wetark Technologies Private Limited
The main business activity of Wetark Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Wetark Technologies Private Limited FY 2025 filings available
Wetark Technologies Private Limited reported revenue of ₹1.16 Cr (up 196% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wetark Technologies Private Limited
Revenue rose 196% in the latest year. EBITDA fell 293% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Wetark Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹12.32 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.31 Lakh | •••• | •••• |
| 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 Wetark Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10.6% | •••• | •••• |
| Net Profit Margin | -12.3% | •••• | •••• |
| 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 Wetark Technologies are in the company report.
Financial statements from FY 2022
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 Wetark Technologies Private Limited
Wetark Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Informics Digital Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Rootamz Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 792.0% | •••• | Bhubaneswar, Odisha, India |
| Kultivate India Software Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Coimbatore, Tamil Nadu, India |
| Complitech Solutions Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Application Square Infotech Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Nashik, Maharashtra, India |
| Wetark Technologies Private Limited this company | ₹1.16 Cr (FY 2024) | •••• | •••• | 196.0% | •••• | Mumbai, Maharashtra, India |
| HJK Electronics Private Limited | ₹1.16 Cr (FY 2021) | •••• | •••• | 582.0% | •••• | Gautam Budh Nagar, Uttar Pradesh, India |
| Burra Infotech Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Emploz Technologies India Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Savalyapuram, Andhra Pradesh, India |
| Team Office Softech Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Vadodara, Gujarat, India |
| Niborn Dynamic Technology Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Wetark Technologies by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), 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 Wetark Technologies Private Limited
Wetark Technologies Private Limited is audited by Narahari V Dixit & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Narahari V Dixit & Co | 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 Wetark Technologies Private Limited
Wetark Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atharva Manas Padhye | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Himank Jain | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
| Prabhat Singh | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Wetark 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 Wetark Technologies Private Limited
Wetark Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Wetark Technologies Private Limited
Wetark Technologies Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹21.57 Cr; the latest was in February 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Funding round · Seed | ₹21.57 Cr | Investors: Neon, Emergent Ventures, Y Combinator |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Wetark Technologies Private Limited
Wetark Technologies operates two associated brands: Wetark Technologies and Crux Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Event outcome trading is enabled online for individual users. | wetark.in | |
| Online platform for campaign creation with tools to generate bespoke offers, airdrop tokens, and notifications | cruxlabs.xyz |
Employees and EPFO Compliance at Wetark Technologies Private Limited
Wetark Technologies Private Limited has a workforce of 0 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.
Recent Activity on Wetark Technologies Private Limited
Wetark Technologies Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Atharva Manas Padhye was appointed as Director on 02 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Wetark 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 Wetark 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 Wetark 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
Verified entity values are shown only after access is granted.
GST Compliance of Wetark Technologies Private Limited
Wetark Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCW1027F1ZM | Maharashtra | Active | 17 Sep 2022 |
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 Wetark 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 Wetark Technologies Private Limited
Wetark Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 November 2021 (5+ years old) and is registered under CIN U72900MH2021PTC370845.
Wetark Technologies reported revenue of ₹1.16 Cr for FY 2024 (up 196% YoY).
Wetark Technologies has 3 current directors:
- Atharva Manas Padhye - Director
- Himank Jain - Director
- Prabhat Singh - Director
Wetark Technologies reported a net loss of ₹14.31 Lakh (net margin -12.3%) and EBITDA of -₹12.32 Lakh (EBITDA margin -10.6%) for FY 2024, as per its filed financial statements.
The GSTIN of Wetark Technologies is 27AADCW1027F1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wetark Technologies is U72900MH2021PTC370845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wetark Technologies was incorporated on 02 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Wetark Technologies has 1 deal on record (1 funding round), with disclosed funding of ₹21.57 Cr; the latest was in February 2024.
The peers of Wetark Technologies by revenue are Informics Digital Private Limited, Rootamz Private Limited, Kultivate India Software Private Limited, Complitech Solutions Private Limited, Application Square Infotech Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Atharva Manas Padhye was appointed as Director on 02 Nov 2021. Himank Jain was appointed as Director on 02 Nov 2021. Prabhat Singh was appointed as Director on 02 Nov 2021.
Wetark Technologies can be reached through the website terms.wetark.in. Its registered office is in Mumbai, Maharashtra, India.