Neokred Technologies Private Limited

Online financial services and solutions for web-technologies, e-commerce, and digital marketing.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Neokred Technologies Profile

Key Indicators

  • Authorised Capital ₹ 7.61 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 425.48%
  • Profit Growth -167.35%
  • Ebitda -352.57%
  • Net Worth 806.52%
  • Total Assets 1155.66%

About Neokred Technologies

Neokred Technologies Private Limited (NTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 December 2019 (Five years and two months 1 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.61 M and a paid-up capital of Rs 0.13 M.

The company currently has active open charges totaling ₹5.00 Cr.

The Key Managerial Personnel (KMP) at Neokred Technologies Private Limited India is Rohith Reji as CEO. Rajeshkumar Chandan, Tarun Nazare, Rohith Reji, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2019PTC130290

  • Company No.

    130290

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 2019

  • Date of AGM

    02 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Neokred Technologies?

Executive Team (2)

Name Designation Appointment Date Status
Tarun Nazare Country flag representing In Managing Director 03-Dec-2019 Current
Rohith Reji CEO 08-Jun-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Vinchu Hariharashudhan Country flag representing In Director 01-Apr-2021 Current
Rajeshkumar Chandan Country flag representing In Director 14-Sep-2021 Current
Rohith Reji Country flag representing In Director 03-Dec-2019 Current

Financial Performance of Neokred Technologies.

Neokred Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 425.48% increase. The company also saw a substantial fall in profitability, with a 167.35% decrease in profit. The company's net worth Soared by an impressive increase of 806.52%.

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
425.48%
Revenue from Operations
412.84%
Total Assets
1155.66%
Profit or Loss
-167.35%
Net Worth
806.52%
EBITDA
-352.57%

What is the Ownership and Shareholding Structure of Neokred Technologies?

In 2022, Neokred Technologies had a public holding of 21.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 2024 Others ₹5.00 Cr Open

How Many Employees Work at Neokred Technologies?

Neokred Technologies has a workforce of 48 employees as of Apr 08, 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 Neokred Technologies, 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 Neokred Technologies'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 Neokred Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100984760 was registered on 02 Sep 2024.

    02 Sep 2024

  • Director Appointment

    Rohith Reji was appointed as a Ceo was appointed as a Ceo on 08 Jun 2024 & has been associated with this company since 7 months 25 days .

    08 Jun 2024

  • Annual General Meeting

    Neokred Technologies Private Limited last Annual general meeting of members was held on 02 Nov 2023 as per latest MCA records.

    02 Nov 2023

  • Balance Sheet

    Neokred Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Rajeshkumar Chandan was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 4 months .

    14 Sep 2021

  • Director Appointment

    Vinchu Krishnan Hariharashudhan was appointed as a Director was appointed as a Director on 01 Apr 2021 & has been associated with this company since 3 years 10 months .

    01 Apr 2021

Recent News, Updates & Announcement

  • News icon
  • News icon
    All India Gaming Federation (AIGF) and Neokred Technologies Unveil the 'Game Bureau' - A Revolutionary Platform to Elevate Online Gaming Security | Technology.

    The cutting-edge technology is a first of its kind and promises a comprehensive approach to user onboarding fraud prevention and activity monitoring 7th December 2023 India All India Gaming Federation AIGF the apex industry body for online gaming in India announces a strategic partnership with Neokred Technologies a leading Embedded Beyond Banking as a service solutions provider to introduce a groundbreaking initiative the Game Bureau This revolutionary platform has been launched in a quest to enhance onboarding fraud prevention user insights and scoring measures to help online skill gaming companies assess and identify their customers effectively The Game Bureau is a solution exclusively for AIGF to harness the power of Neokreds advanced algorithms and technology to provide gaming companies with a comprehensive view for managing users from onboarding to activity monitoring with a scoring system based on diverse parameters Commenting on the launch Mr Roland Landers CEO of AIGF said Game Bureau marks a significant milestone in our on-going efforts to build a safe online gaming landscape in India Together with Neokred we will be setting a new benchmark for fraud prevention user authentication and overall customer experience in the online gaming industry Game Bureau includes a centralized repository real-time monitoring features that actively track and analyze customer profile allowing seamless entry for genuine customers while triggering immediate notifications for suspicious or potentially fraudulent users The streamlined identity authentication process ensures that genuine customers experience a frictionless onboarding process contributing to a positive customer experience and encouraging continued engagement Mr Landers further added The Indian online gaming industry is mainstream today and one of the fastest growing sectors within ME industry hence the challenges associated with user identification and security become extremely important With this association AIGF aims to empower online gaming companies to navigate these challenges seamlessly AIGF is excited about this partnership and we look forward to adding another robust mechanism in the online gaming space guided by the principles of integrity innovation and player-centricity Neokreds Technology is designed with a keen focus on compliance with regulatory standards facilitating easier adherence to data protection and privacy regulations through centralized identity data Tailor security thresholds according to specific requirements with Neokreds technology allowing customization to align with risk tolerance and security policies Commenting on the partnership Vivek Sridhar Chief Business Officer of Neokred stated We are excited to partner with the All India Gaming Federation and are committed to bring innovation and security in the online gaming industry With Game Bureau powered by Neokred we aim to redefine the standards of fraud prevention user authentication and overall customer experience Together we envision a safer and more secure online gaming environment for AIGF and its stakeholders setting new benchmarks for the industry By leveraging Neokreds ProfileX Stack and compliance-focused technology the initiative not only strengthens security but also ensures a frictionless journey for genuine gamers Game Bureau stands as a testament to AIGF and Neokreds shared commitment to fostering a safe transparent and thriving online gaming environment About All India Gaming Federation AIGF is the apex industry body for online gaming in India Being the oldest largest and the most diverse industry association for online gaming AIGF currently has more than 100 online gaming companies across esports fantasy gaming card games casual gaming and other formats as members with a combined user base of over 400 million users It collectively represents the majority of skill gaming operators across all online gaming formats including a significant portion of the Indian online gaming MSME sector Since its inception six years back AIGF has been at the forefront consulting with relevant policymakers to demonstrate the importance and benefits of recognizing and standardizing the AIGFs self-regulatory framework encapsulated in its Skill Games Charter which has been established by eminent domain experts from the judiciary executive education data science and sports backgrounds and is advanced by the All India Skill Gaming Council For more information visit httpsaigfin About Neokred Neokred Indias first Beyond Banking as a Service facilitates seamless launches of banking products for brands Serving over 3 licensed banks and 106 diverse brands globally Neokred caters to 16 lakh MSMEs across three international markets Having processed 3 billion in gross transaction value the company offers white-labeled solutions to potential brands Neokreds strategic partnerships with regulated entities enable the creation of a middleware platform featuring a low-code plugin empowering any brand to effortlessly launch customizable fintech products such as cards and accounts.

    07 Dec 2023 Devdiscourse

Frequently asked questions

  • Neokred Technologies Private Limited was incorporated on 03 Dec 2019.

  • The authorized share capital of Neokred Technologies Private Limited is ₹ 7.61 M and paid-up capital is ₹ 0.13 M.

  • Currently 5 directors are associated with Neokred Technologies Private Limited.

    • Rajeshkumar Chandan
    • Tarun Suresh Nazare
    • Rohith Reji
    • Vinchu Krishnan Hariharashudhan
    • Rohith Reji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neokred Technologies Private Limited is No 3 4 5 14 15 And 16 Indiqube South Island Sy 32 Sc Harijana Hbcs Marenahalli, Jp Nagar Phase 2 Bangalore India, Bangalore South, Karnataka, 560078.

  • The corporate identification number (CIN) of Neokred Technologies Private Limited is U72900KA2019PTC130290 and the company number is 130290 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neokred Technologies Private Limited is https://www.neokred.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Neokred Technologies Private Limited has risen by 425.48%.

  • As Per 2022 financial reports, 48 employees are currently employed by Neokred Technologies Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Neokred Technologies Private Limited has experienced an upsurge of 806.52%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Neokred Technologies Private Limited amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Neokred Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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