
Xerve Innovations Private Limited
About Xerve Innovations Private Limited
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Xerve Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 15 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076406. Its GSTIN is 29AAACX1641F2ZF (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹5.32 Lakh. It is led by directors Arun Aravindakshan and Ayyappan Radhakrishan.
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 No. 473 Second Floor 80Ft Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.8 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.03 Cr and EBITDA of -₹3 Cr. Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company is associated with 1 brand: Xerve. Court records list 1 case involving the company, including 1 filed against it. The company has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Xerve Innovations Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 473 Second Floor 80Ft Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Xerve Innovations Private Limited, buy the company report.
- 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
Business activity
The main business activity of Xerve Innovations is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Xerve Innovations Private Limited, buy the company report.
Financials of Xerve Innovations Private Limited
FY 2025 filings availableXerve Innovations Private Limited reported revenue of ₹11.8 Lakh (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 48% fall in the latest year. EBITDA rose 14% 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
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| EBITDA | -₹3 Cr | ||||
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| Net Profit (PAT) | -₹3.03 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Xerve Innovations Private Limited, buy the company report.
Board of directors of Xerve Innovations Private Limited
Xerve Innovations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Aravindakshan | Director | 15 Sep 2014 | 12 Years 1 Months | Current |
| Ayyappan Radhakrishan Also directs: Rael Creations LLP, Mystra Technologies LLP | Director | 15 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Xerve Innovations Private Limited is audited by G M G Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G M G Associates | FY 2022 | 201881 |
Shareholding
The shareholding of Xerve Innovations Private Limited is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Xerve Innovations Private Limited, buy the company report.
Deals & funding
Xerve Innovations Private Limited has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹2.44 Cr | Investors: Dans-K Holding Corp, 3 individuals |
| Nov 2021 | Funding round | ₹2.91 Cr | Investors: 4 individuals |
| Mar 2021 | Funding round | ₹3.02 Cr | Investors: PT Wilsum Kapital Global, 3 individuals |
| Nov 2020 | Funding round | ₹1.1 Cr | Investors: 4 individuals |
| Mar 2016 | Funding round | ₹2.03 Cr | Investors: 4 individuals |
To see the full deal history of Xerve Innovations 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
Xerve Innovations Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Xerve Innovations 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 Xerve Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Xerve Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACX1641F2ZF | Karnataka | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Xerve Innovations Private Limited, buy the company report.
Recent activity
Xerve Innovations Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Davis George Chiramalpadijaratala ceased to be Director on 30 Jun 2025.
Frequently asked questions
Xerve Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 15 September 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076406.
Xerve Innovations has 2 current directors:
- Arun Aravindakshan - Director
- Ayyappan Radhakrishan - Director
The latest financial statements of Xerve Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Xerve Innovations is 29AAACX1641F2ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Xerve Innovations is U74900KA2014PTC076406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Xerve Innovations has 1 court case on record: 1 filed against it.
Xerve Innovations was incorporated on 15 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Xerve Innovations has 9 deals on record (6 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹13.5 Cr; the latest was in January 2022.
Davis George Chiramalpadijaratala ceased to be Director on 30 Jun 2025. Arun Aravindakshan was appointed as Director on 15 Sep 2014. Ayyappan Radhakrishan was appointed as Director on 15 Sep 2014.
The registered office of Xerve Innovations is at No. 473 Second Floor 80Ft Road 6th Block Koramangala, Bangalore, Karnataka, India – 560095.