Karnataka Digital Economy Mission

Promotes and supports digital industry growth and investments in Karnataka.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: October 25, 2024

Karnataka Digital Economy Mission Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 221.96%
  • Profit Growth 200.79%
  • Ebitda 111.82%
  • Net Worth 7.13%
  • Total Assets 13.92%

About Karnataka Digital Economy Mission

Karnataka Digital Economy Mission (KDEM) is a Private Not For Profit Company incorporated in India on 26 September 2020 (Four years and four months 6 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Business Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Bandaru Naidu, Prashanth Prakash, Selvakumar Seerangarayan, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U73200KA2020NPL139064

  • Company No.

    139064

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    26 Sep 2020

  • Date of AGM

    01 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

Who are the key members and board of directors at Karnataka Digital Economy Mission?

Board Members (10)

NameDesignationAppointment DateStatus
Prashanth Prakash Country flag representing In Nominee Director 18-Nov-2020Current
Luthfulla Atheeq Country flag representing In Nominee Director 04-Mar-2024Current
Ashok Chandak Country flag representing In Nominee Director 22-Mar-2024Current
Bandaru Naidu Country flag representing In Nominee Director 13-Nov-2020Current
Selvakumar Seerangarayan Country flag representing In Nominee Director 28-Oct-2020Current
Ekroop Caur Country flag representing In Nominee Director 04-Mar-2024Current

Financial Performance of Karnataka Digital Economy Mission.

Karnataka Digital Economy Mission, for the financial year ended 2023, experienced significant growth in revenue, with a 221.96% increase. The company also saw a substantial improvement in profitability, with a 200.79% increase in profit. The company's net worth moved up by a moderate rise of 7.13%.

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
221.96%
Revenue from Operations
Total Assets
13.92%
Profit or Loss
200.79%
Net Worth
7.13%
EBITDA
111.82%

What is the Ownership and Shareholding Structure of Karnataka Digital Economy Mission?

In 2023, Karnataka Digital Economy Mission had a promoter holding of 100.00%. 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 Karnataka Digital Economy Mission?

Karnataka Digital Economy Mission has a workforce of 16 employees as of Apr 05, 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 Karnataka Digital Economy Mission, 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 Karnataka Digital Economy Mission'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 Karnataka Digital Economy Mission

Recent activity within the organization

  • Director Appointment

    Sanjeev Kumar Gupta was appointed as a Additional Director was appointed as a Additional Director on 02 Jul 2024 & has been associated with this company since 7 months .

    02 Jul 2024

  • Director Appointment

    Ashok Kanhaiyalal Chandak was appointed as a Nominee Director was appointed as a Nominee Director on 22 Mar 2024 & has been associated with this company since 10 months 10 days .

    22 Mar 2024

  • Director Appointment

    Ekroop Caur was appointed as a Nominee Director was appointed as a Nominee Director on 04 Mar 2024 & has been associated with this company since 10 months 28 days .

    04 Mar 2024

  • Director Appointment

    Luthfulla Khan Atheeq was appointed as a Nominee Director was appointed as a Nominee Director on 04 Mar 2024 & has been associated with this company since 10 months 28 days .

    04 Mar 2024

  • Director Appointment

    Hosadurga Vishwamurthy Darshan was appointed as a Nominee Director was appointed as a Nominee Director on 04 Mar 2024 & has been associated with this company since 10 months 28 days .

    04 Mar 2024

  • Annual General Meeting

    Karnataka Digital Economy Mission last Annual general meeting of members was held on 01 Aug 2023 as per latest MCA records.

    01 Aug 2023

Frequently asked questions

  • Karnataka Digital Economy Mission was incorporated on 26 Sep 2020.

  • The authorized share capital of Karnataka Digital Economy Mission is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 10 directors are associated with Karnataka Digital Economy Mission.

    • Bandaru Venkaiah Naidu
    • Prashanth Prakash
    • Selvakumar Seerangarayan
    • Ashok Kanhaiyalal Chandak
    • Ekroop Caur
    • Sanjeev Kumar Gupta
    • Luthfulla Khan Atheeq
    • Deepak Sood
    • Bhaskar Kumar Verma
    • Hosadurga Vishwamurthy Darshan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Karnataka Digital Economy Mission is Ttmc Annex B Block 4Th Flr Bmtc Central Offices Bldg Kh Road, Shanthinagar India, Bengaluru, Karnataka, 560027.

  • The corporate identification number (CIN) of Karnataka Digital Economy Mission is U73200KA2020NPL139064 and the company number is 139064 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Karnataka Digital Economy Mission is https://www.karnatakadigital.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Karnataka Digital Economy Mission has risen by 221.96%.

  • As Per 2023 financial reports, 16 employees are currently employed by Karnataka Digital Economy Mission.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Karnataka Digital Economy Mission has experienced an upsurge of 7.13%.

  • The most recent Balance Sheet for Karnataka Digital Economy Mission was filed with the ROC on 31 Mar 2023.

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