Raise Fintech Ventures Private Limited

Founded in 2021 and headquartered in Maharashtra, India.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: January 29, 2025

Raise Fintech Ventures Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 1.64 Cr
  • Company Age 4 Year, 30 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -36.08%
  • Profit Growth -79.31%
  • Ebitda -89.04%
  • Net Worth 5.49%
  • Total Assets 6.22%

About Raise Fintech Ventures

Raise Fintech Ventures Private Limited (RFVPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 January 2021 (Four years 30 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 7.50 Cr and a paid-up capital of Rs 1.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pravin Bhimrao and Raunak Rathi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2021PTC352885

  • Company No.

    352885

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Raise Fintech Ventures?

Board Members (2)

Name Designation Appointment Date Status
Pravin Bhimrao Country flag representing In Director 01-Jan-2021 Current
Raunak Rathi Country flag representing In Director 01-Jan-2021 Current

Financial Performance of Raise Fintech Ventures.

Raise Fintech Ventures Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 36.08% decrease. The company also saw a substantial fall in profitability, with a 79.31% decrease in profit. The company's net worth moved up by a moderate rise of 5.49%.

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
-36.08%
Revenue from Operations
-64.03%
Total Assets
6.22%
Profit or Loss
-79.31%
Net Worth
5.49%
EBITDA
-89.04%

What is the Ownership and Shareholding Structure of Raise Fintech Ventures?

In 2024, Raise Fintech Ventures had a promoter holding of 98.30% and a public holding of 1.70%. The company had 3 Subsidiaries. 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 Raise Fintech Ventures?

Raise Fintech Ventures has a workforce of 0 employees as of Jan 29, 2025. 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 Raise Fintech Ventures, 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 Raise Fintech Ventures'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 Raise Fintech Ventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Raise Fintech Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Pravin Jadhav Bhimrao was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 4 years 30 days .

    01 Jan 2021

  • Director Appointment

    Raunak Nandkishor Rathi was appointed as a Director was appointed as a Director on 01 Jan 2021 & has been associated with this company since 4 years 30 days .

    01 Jan 2021

  • Company Incorporation

    Raise Fintech Ventures Private Limited was registered on 01 Jan 2021 with Roc Mumbai & aged 4 years 30 days as per MCA records.

    01 Jan 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Raise Fintech Ventures Private Limited was incorporated on 01 Jan 2021.

  • The authorized share capital of Raise Fintech Ventures Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 1.64 Cr.

  • Currently 2 directors are associated with Raise Fintech Ventures Private Limited.

    • Pravin Jadhav Bhimrao
    • Raunak Nandkishor Rathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Raise Fintech Ventures Private Limited is 302 The Western Edge - I, Express Highway Borivali East India, Mumbai, Maharashtra, 400066.

  • The corporate identification number (CIN) of Raise Fintech Ventures Private Limited is U72900MH2021PTC352885 and the company number is 352885 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Raise Fintech Ventures Private Limited is https://www.raiseholding.co

  • According to the financial reports for the fiscal year 2024, the revenue trend for Raise Fintech Ventures Private Limited has fallen by -36.08%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Raise Fintech Ventures Private Limited has experienced an upsurge of 5.49%.

  • The most recent Balance Sheet for Raise Fintech Ventures Private Limited was filed with the ROC on 31 Mar 2024.