Hiveloop Technology Private Limited - Company overview

Udaan was incorporated on 3 June 2016 and is registered with ROC Bangalore.

2016-06-03 Bangalore South, Karnataka Active Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -28.9%
FY 2024
PROFIT / LOSS
Loss · ₹500–1000 Cr
▲ 39.3%
FY 2024
EBITDA
Loss · ₹500–1000 Cr
▲ 39.7%
FY 2024
NET WORTH
₹100–500 Cr
▼ -13.5%
FY 2024
TOTAL ASSETS
₹500–1000 Cr
▼ -22.9%
FY 2024
EMPLOYEE COUNT
1,121–1,130
OPEN CHARGES
4
186.68 cr
PAID-UP CAPITAL
6.62 cr
AUTHORISED CAPITAL
10.50 cr
COMPANY AGE
10 Years 5 Months
since 2016-06-03
LAST FILING WITH ROC
2024-03-31
Last AGM: 2025-09-30
ACTIVE GST
28
Updated: 2024-11-18 15:41:32
TOTAL MONEY RAISED
₹1000+ Cr
SATISFIED CHARGES
19
368.32 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Udaan covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
63/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (35), director (95) and company-foundation signals.
  • Operating for 10+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
35/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2024.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Udaan Company identity, industry, contact, and registration details from MCA and company records.

Udaan was incorporated on 3 June 2016 and is registered with ROC Bangalore. It is an active private limited company, now about 10 years old. The registered office is at Twa - Sjr - The Hub, 1St Floor Of South Wing, Survey Number 8, 2 & 9, Bangalore South, Karnataka.

In its MCA filings the main business is listed as land Transport via Road, which made up 5.3% of turnover.

It has three directors: Krishna Menon Vishnu Menon, Ankit Gupta and Bannari Jagathish. The longest-serving is Krishna Menon Vishnu Menon, on the board since 2022; the most recent to join is Bannari Jagathish, appointed in August 2025. Ten former directors are on record; the most recent to leave was Lakshmi Rajagopalan in September 2023. Between them, the directors also sit on the boards of 5 other companies, including Newloop Apps Private Limited and Digitrail Technology Private Limited.

₹6.62 crore of its ₹10.5 crore authorised capital is paid up (about 63%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 30 September 2025. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. Four charges (secured loans) are still open, and 19 more have been paid off.

E-Commerce ••••••••
  • Location Twa - Sjr - The Hub, 1St Floor Of South Wing, Survey Number 8, 2 & 9,, Bangalore South, Karnataka - 560102
  • Website udaan.com
Facebook Twitter
Legal NameHiveloop Technology Private Limited
CIN / LLPINU72900KA2016PTC093868
Company No.093868
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2016-06-03
Date of AGM2025-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Udaan (3) Current board members from MCA filings, including designation and appointment details.

K
Krishna Menon Vishnu Menon
Director | Since 2022-10-14 | DIN: 07315528
A
Ankit Gupta
Director | Since 2024-09-30 | DIN: 10044673
B
Bannari Jagathish
Whole-time director | Since 2025-08-05 | DIN: 11222871

Financial Performance of Udaan Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2024
Revenue ₹100–500 Cr ▼ -28.9%
P&L Loss · ₹500–1000 Cr ▲ 39.3%
EBITDA Loss · ₹500–1000 Cr ▲ 39.7%
Net worth ₹100–500 Cr ▼ -13.5%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Udaan Open and satisfied charges registered against the company with MCA.

Others : 242.00 cr
Open Charges: 4 Satisfied Charges: 19
Open 186.68 cr
Satisfied 368.32 cr
LenderAmountStatus
Others
Creation Date: 08 Jan 2025
 17.00 cr Closed
Others
Creation Date: 18 Jul 2024
 25.00 cr Closed
Others
Creation Date: 15 May 2024
 50.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Transport and storageLand Transport via Road5.3
Information and communicationOther information & communication service activities94.7

Companies With Common Directors Of Udaan Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Newloop Apps Private Limited 2 Shared Directors
Digitrail Technology Private Limited 1 Shared Director
Hiveloop E-Commerce Private Limited 1 Shared Director
Singhal Retail Solutions Private Limited 1 Shared Director
Wandertrails Services Private Limited 1 Shared Director

Financial Ratios of Udaan Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

Shareholding Pattern of Udaan Ownership and contribution detail from filings. Full breakdown unlocks with your report.

5 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

Employees and EPFO Compliance at Udaan EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

Employee and EPFO history require an active report plan.

Verified entity values are shown only after access is granted.

GST Compliance of Udaan GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

GST registrations and filing compliance require an active report plan.

Verified entity values are shown only after access is granted.

Credit Ratings, Litigation & Regulatory Alerts for Udaan Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

Credit ratings, litigation, and regulatory alerts require an active report plan.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Udaan MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Udaan Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

1 subsidiary on record

Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.

Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

Corporate group structure requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Udaan Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Udaan Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Udaan?
MCA does not publish an "owner" field. Udaan is run by its directors, Krishna Menon Vishnu Menon, Ankit Gupta and Bannari Jagathish. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Udaan?
Udaan has three current directors: Krishna Menon Vishnu Menon (since October 2022), Ankit Gupta (since September 2024) and Bannari Jagathish (since August 2025).
What is CIN of Udaan?
The CIN of Udaan is U72900KA2016PTC093868. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, KA is Karnataka, 2016 is the year it was registered, PTC is the company type and 093868 is its registration number.
When was Udaan incorporated?
Udaan was incorporated on 3 June 2016 with ROC Bangalore. That makes it about 10 years old.
What is the registered address of Udaan?
The registered office on MCA records is Twa - Sjr - The Hub, 1St Floor Of South Wing, Survey Number 8, 2 & 9, Bangalore South, Karnataka - 560102.
What is the current status of Udaan?
MCA shows Udaan as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Udaan?
You can post to its registered office at Twa - Sjr - The Hub, 1St Floor Of South Wing, Survey Number 8, 2 & 9, Bangalore South, Karnataka - 560102 and use its website, https://udaan.com.
What industry or business activity is Udaan associated with?
Its MCA filings list the main business as land Transport via Road (5.3% of turnover).
What is paid-up capital and authorised share capital of Udaan?
Paid-up capital is ₹6.62 crore and authorised capital is ₹10.5 crore, so about 63% of the authorised amount has been issued.
When did Udaan last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Udaan?
Four charges against Udaan are still open and 19 have been satisfied.
Have any directors left Udaan?
Yes, ten former directors are on record. The most recent to leave were Lakshmi Rajagopalan (September 2023), Gopi Krishna Obulam (November 2020) and Ankit Agarwal (November 2020).
Which companies share directors with Udaan?
5 companies share directors with Udaan. Among them are Newloop Apps Private Limited, Digitrail Technology Private Limited, Hiveloop E-Commerce Private Limited and 2 more.
What is the turnover or revenue of Udaan?
Based on filed financial statements, the revenue of Udaan for FY 2024 was in the ₹100–500 Cr range. That is down 28.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Udaan?
For FY 2024, the net worth of Udaan was in the ₹100–500 Cr range.
How can I get the financial details of Udaan?
The latest accounts on record are for FY 2024. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Udaan?
The website on record for Udaan is https://udaan.com.
Which company owns udaan.com?
udaan.com is the website listed for Hiveloop Technology Private Limited in its company records.
Udaan - is it listed or unlisted?
Udaan is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Udaan?
Udaan is registered with ROC Bangalore.
What is the company classification of Udaan?
MCA classifies Udaan as: Private Limited Indian Non-Government Company.
Does Udaan have subsidiaries?
Yes, one subsidiary is on record for Udaan.
Does Udaan have GST registrations on file?
Yes, 28 active GST registrations are linked to Udaan, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.