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Wurknet Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.1 Lakh
▲ 659% YoY
Net loss · FY 2024
₹54.5 Lakh
Latest filing
EBITDA · FY 2024
-₹54.5 Lakh
Latest filing
Authorised capital
₹1.65 Lakh
Registered with MCA
Paid-up capital
₹18,270
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Wurknet Private Limited
Data last updated:
Wurknet Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 15 November 2019.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC333001. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.65 Lakh and a paid-up capital of ₹18,270. It is led by directors Vignesh Sriram Prasad and Vivan Puri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 204 2nd Floor Shalaka Juhu Tara Road Santacruz (West), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹54.5 Lakh and EBITDA of -₹54.5 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The company has 4 deals on record (1 rights issue, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹8.12 Cr; the latest was in July 2021. Its 10 peer companies in the BFSI industry (Payment Gateways) are compared by revenue, 5 larger and 5 smaller; the largest is Pocket Monee Technologies Private Limited with revenue of ₹4.25 Lakh. The company has 2 MSME Form 1 returns on record between 2021 and 2023, listing 2 overdue payments to 2 micro and small suppliers.
The last known website on record is crater.club.
Company details
CIN U74999MH2019PTC333001
Registration Number 333001
Incorporation Date 15 November 2019
ROC Mumbai
Listing Status Unlisted
Company Status Under Process of Striking Off
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Wurknet
Contact details
Wurknet Private Limited's registered office is in Mumbai, Maharashtra. Its website is crater.club. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address204 2nd Floor Shalaka Juhu Tara Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Wurknet Private Limited, buy the company report.
Comprehensive company report
Wurknet 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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Financials of Wurknet Private Limited
FY 2024 filings availableWurknet Private Limited reported revenue of ₹3.1 Lakh (up 659% YoY) for FY 2024.
Revenue · FY 2024
₹3.1 Lakh ▲ 659%
Net loss · FY 2024
₹54.5 Lakh
EBITDA · FY 2024
-₹54.5 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 659%
3 years · compounded
▲ 102%
EBITDA CAGR growth
1 year
▲ 90%
3 years · compounded
▼ 9%
Revenue has grown at a compounded annual rate (CAGR) of 102% over three years, including 659% growth in the latest year. EBITDA rose 90% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹54.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.5 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Wurknet Private Limited, buy the company report.
Board of directors of Wurknet Private Limited
Wurknet 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 |
|---|---|---|---|---|
| Vignesh Sriram Prasad | Director | 13 May 2021 | 5 Years 5 Months | Current |
| Vivan Puri | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Wurknet Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pocket Monee Technologies Private Limited | ₹4.25 Lakh (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Payncare Technologies Private Limited | ₹3.51 Lakh (FY 2023) | 180.0% | Beawar, Rajasthan, India | |||
| Rrindia Services Private Limited | ₹3.44 Lakh (FY 2022) | 64.0% | Pune, Maharashtra, India | |||
| Bitpay Fintech Private Limited | ₹3.41 Lakh (FY 2025) | Ujjain, Madhya Pradesh, India | ||||
| Easy Bill Private Limited | ₹3.16 Lakh (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Wurknet Private Limitedthis company | ₹3.1 Lakh (FY 2024) | -₹54.5 Lakh | 659.0% | Mumbai, Maharashtra, India | ||
| Paymatrix Solutions Private Limited | ₹3.01 Lakh (FY 2025) | Pune, Maharashtra, India | ||||
| Freshpay IT Solutions Private Limited | ₹2.99 Lakh (FY 2018) | 1478.0% | Gurgaon, Haryana, India | |||
| Allpay Services Private Limited | ₹2.98 Lakh (FY 2022) | Pathanamthitta, Kerala, India | ||||
| Ezee Pay Services Private Limited | ₹2.97 Lakh (FY 2024) | -82.0% | Chennai, Tamil Nadu, India | |||
| Simple Payments Private Limited | ₹2.88 Lakh (FY 2024) | -28.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Wurknet Private Limited, buy the company report.
Auditor
Wurknet Private Limited is audited by Ratanghayara & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ratanghayara & Co. | FY 2022 | 117626W |
Shareholding
The shareholding of Wurknet Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wurknet Private Limited, buy the company report.
Deals & funding
Wurknet Private Limited has 4 deals on record (1 rights issue, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹8.12 Cr; the latest was in July 2021.
Total deals
4
Rights issue
1
Funding round
1
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹8.12 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Funding round | ₹7.12 Cr | Investors: Lumikai Fund, DSG Consumer Partners, 2 individuals |
| Jul 2020 | Rights issue | ₹1 Cr | Investors: 4 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Wurknet 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
No court or tribunal cases involving Wurknet 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
Wurknet Private Limited has 2 MSME Form 1 returns on record between 2021 and 2023, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Romulan AI Private Limited |
To see the full MSME payment records of Wurknet Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Wurknet has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Wurknet Private Limited, buy the company report.
Recent activity
Wurknet Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Bishwarnath Bachun ceased to be Additional Director on 30 Nov 2021.
AGM
Wurknet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Wurknet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Bishwarnath Bachun ceased to be Additional Director.
Ceased
Naresh Balwant Wadhwa ceased to be Additional Director.
Ceased
Sanjay Dinkar Ramugade ceased to be Director.
Appointed
Vignesh Sriram Prasad was appointed as Director.
Appointed
Vivan Puri was appointed as Director.
Incorporation
15 Nov 2019
Wurknet Private Limited was registered on 15 Nov 2019 with Roc Mumbai & aged 6 years 11 months as per MCA records.
Frequently asked questions
Wurknet is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Wurknet is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 15 November 2019 and is registered under CIN U74999MH2019PTC333001. The company may be struck off soon - caution is advised.
Wurknet has 2 current directors:
- Vignesh Sriram Prasad - Director
- Vivan Puri - Director
The CIN (Corporate Identification Number) of Wurknet is U74999MH2019PTC333001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wurknet was incorporated on 15 November 2019. It is registered with the Registrar of Companies, Mumbai.
Yes, Wurknet is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wurknet can be reached through the website crater.club. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Wurknet is at 204 2nd Floor Shalaka Juhu Tara Road Santacruz West, Mumbai, Maharashtra, India – 400054.
The latest financial statements of Wurknet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
No. Wurknet has 1 GST registration on record and it is cancelled or inactive.
Wurknet operates in the financial services industry, in the online payment gateways segment.
Wurknet has 4 deals on record (1 rights issue, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹8.12 Cr; the latest was in July 2021.