Weave Communications India Private Limited

Provides software development services to a US-based holding company.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: November 04, 2024

Weave Communications India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth 84.41%
  • Profit Growth -285.01%
  • Ebitda -98.15%
  • Net Worth 212.11%
  • Total Assets 124.35%

About Weave Communications India

Weave Communications India Private Limited (WCIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 18 March 2021 (Three years and ten months 23 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.00 M.

Gaurev Senha and Joel Meriwether serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2021FTC145528

  • Company No.

    145528

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    18 Mar 2021

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Weave Communications India?

Board Members (2)

Name Designation Appointment Date Status
Gaurev Senha Country flag representing In Director 18-Mar-2021 Current
Joel Meriwether Country flag representing Us Director 18-Mar-2021 Current

Financial Performance of Weave Communications India.

Weave Communications India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 84.41% increase. The company also saw a substantial fall in profitability, with a 285.01% decrease in profit. The company's net worth Soared by an impressive increase of 212.11%.

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
84.41%
Revenue from Operations
84.41%
Total Assets
124.35%
Profit or Loss
-285.01%
Net Worth
212.11%
EBITDA
-98.15%

What is the Ownership and Shareholding Structure of Weave Communications India?

In 2023, Weave Communications India 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)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
26 Aug 2021 The Hongkong And Shanghai Banking Corporation Limited ₹1.00 M Open

How Many Employees Work at Weave Communications India?

Weave Communications India has a workforce of 86 employees as of Apr 01, 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 Weave Communications India, 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 Weave Communications India'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 Weave Communications India

Recent activity within the organization

  • Annual General Meeting

    Weave Communications India Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Weave Communications India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 M with Charge ID 100475143 was registered on 26 Aug 2021.

    26 Aug 2021

  • Director Appointment

    Gaurev Senha was appointed as a Director was appointed as a Director on 18 Mar 2021 & has been associated with this company since 3 years 10 months .

    18 Mar 2021

  • Director Appointment

    Joel Everett Meriwether was appointed as a Director was appointed as a Director on 18 Mar 2021 & has been associated with this company since 3 years 10 months .

    18 Mar 2021

  • Company Incorporation

    Weave Communications India Private Limited was registered on 18 Mar 2021 with Roc Bangalore & aged 3 years 10 months as per MCA records.

    18 Mar 2021

Frequently asked questions

  • Weave Communications India Private Limited was incorporated on 18 Mar 2021.

  • The authorized share capital of Weave Communications India Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Weave Communications India Private Limited.

    • Gaurev Senha
    • Joel Everett Meriwether
  • As per Ministry of Corporate Affairs (Mca), the registered address of Weave Communications India Private Limited is No. 473 2Nd Floor 12Th Cross, Wilson Garden India, Bangalore, Karnataka, 560027.

  • The corporate identification number (CIN) of Weave Communications India Private Limited is U72900KA2021FTC145528 and the company number is 145528 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Weave Communications India Private Limited is https://www.getweave.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Weave Communications India Private Limited has risen by 84.41%.

  • As Per 2023 financial reports, 86 employees are currently employed by Weave Communications India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Weave Communications India Private Limited has experienced an upsurge of 212.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Weave Communications India Private Limited amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Weave Communications India Private Limited was filed with the ROC on 31 Mar 2023.

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