Converge Edutech Private Limited

Online platform for study abroad opportunities, fast-track applications, profile evaluation, scholarships, and visa assistance.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: December 04, 2024

Converge Edutech Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 60.10%
  • Profit Growth 79.30%
  • Ebitda 6.88%
  • Net Worth 107.78%
  • Total Assets 48.39%

About Converge Edutech

Converge Edutech Private Limited (CEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 18 June 2020 (Four years and eight months 6 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Suraj Shamsunder and Jimeet Sanghavi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    convergeapp.co

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2020PTC340795

  • Company No.

    340795

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Internet

Who are the key members and board of directors at Converge Edutech?

Board Members (2)

NameDesignationAppointment DateStatus
Jimeet Sanghavi Country flag representing In Director 18-Jun-2020Current
Suraj Shamsunder Country flag representing In Director 18-Jun-2020Current

Financial Performance of Converge Edutech.

Converge Edutech Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 60.1% increase. The company also saw a substantial improvement in profitability, with a 79.3% increase in profit. The company's net worth Soared by an impressive increase of 107.78%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
60.10%
Revenue from Operations
60.16%
Total Assets
48.39%
Profit or Loss
79.30%
Net Worth
107.78%
EBITDA
6.88%

What is the Ownership and Shareholding Structure of Converge Edutech?

In 2024, Converge Edutech had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Converge Edutech?

Converge Edutech has a workforce of 2 employees as of Dec 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Converge Edutech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Converge Edutech's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Converge Edutech

Recent activity within the organization

  • Annual General Meeting

    Converge Edutech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Converge Edutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Suraj Bajaj Shamsunder was appointed as a Director was appointed as a Director on 18 Jun 2020 & has been associated with this company since 4 years 8 months .

    18 Jun 2020

  • Director Appointment

    Jimeet Deepak Sanghavi was appointed as a Director was appointed as a Director on 18 Jun 2020 & has been associated with this company since 4 years 8 months .

    18 Jun 2020

  • Company Incorporation

    Converge Edutech Private Limited was registered on 18 Jun 2020 with Roc Mumbai & aged 4 years 8 months as per MCA records.

    18 Jun 2020

Frequently asked questions

  • Converge Edutech Private Limited was incorporated on 18 Jun 2020.

  • The authorized share capital of Converge Edutech Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Converge Edutech Private Limited.

    • Suraj Bajaj Shamsunder
    • Jimeet Deepak Sanghavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Converge Edutech Private Limited is Office No. 205 2Nd Floor M. L. Spaces D. J. Road Vile Parle West, India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Converge Edutech Private Limited is U74999MH2020PTC340795 and the company number is 340795 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Converge Edutech Private Limited is https://www.convergeapp.co

  • According to the financial reports for the fiscal year 2024, the revenue trend for Converge Edutech Private Limited has risen by 60.10%.

  • As Per 2024 financial reports, 2 employees are currently employed by Converge Edutech Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Converge Edutech Private Limited has experienced an upsurge of 107.78%.

  • The most recent Balance Sheet for Converge Edutech Private Limited was filed with the ROC on 31 Mar 2024.