Company Intelligence Profile
Aipalette India Private Limited
Aipalette India Private Limited is the Bengaluru-registered Indian subsidiary of Singapore-based Ai Palette (Aipalette Pte Ltd), an AI-powered consumer-insights platform for the Consumer Packaged Goods (CPG) industry.
CIN: U72900KA2020FTC132255ActiveRegistrar of Companies, KarnatakaConfidence: Medium-high
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Aipalette India Private Limited |
|---|---|
| CIN | U72900KA2020FTC132255 |
| PAN | AATCA2588H |
| Status | Active |
| Listing | Unlisted (private limited company; not listed on any stock exchange) |
| Incorporated | 03 February 2020 |
| ROC | Registrar of Companies, Karnataka (Bangalore/Bengaluru) |
| Sector (NIC) |
|
| Registered address | 6/A, 7th Main, 1st Block, Koramangala Industrial Layout, Koramangala, Bangalore South, Karnataka, India – 560034 |
| Authorized capital | Rs 10.0 lakh |
| Paid-up capital | Rs 1.39–1.40 lakh |
Business Overview
Confirmed- Aipalette India Private Limited is the Bengaluru-registered Indian subsidiary of Singapore-based Ai Palette (Aipalette Pte Ltd), an AI-powered consumer-insights platform for the Consumer Packaged Goods (CPG) industry
- Per the parent's official site (aipalette.com): the platform's modules include Foresight Engine (real-time trend detection across 24 countries/18 languages), Concept Genie (generative-AI new-product-concept creation), Screen Winner (virtual concept validation) and Arya (an agentic AI assistant for food-industry innovation, launched December 2025)
- It aggregates roughly 61 billion data points from search, social media and e-retail sources
- Client base includes Diageo, PepsiCo, Mondelez, L'Oreal, Kellogg's, Dole, Pringles and Shiseido
- MCA/aggregator filings classify the Indian entity's registered activity as an "Other IT consulting services" (NIC 72900) company, consistent with it being an India-based R&D/support subsidiary of the Singapore product company
- Falconebiz separately reports the Indian entity as an "Active Foreign Private Limited Company" (i.e., an Indian company with foreign shareholding), corroborating the Singapore-parent relationship
- Registered EPFO headcount at the India entity is 56
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Himanshu Upreti | 08687597 | Nominee Director | 03 Feb 2020 |
| Dhakshayini Bidarguppe Gopalaiah | 10046624 | Director | 14 Feb 2023 |
GST Registration
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AATCA2588H1Z0 | Karnataka | AATCA2588H (Source: Tofler; corroborated indirectly via GSTIN 29AATCA2588H1Z0 which embeds this PAN) | Active |
Primary GSTIN: 29AATCA2588H1Z0 (Karnataka). Confirmed via a primary GSTN-backed compliance API (ClearTax's per-GSTIN endpoint, which returns live GST-portal data): legal name "AIPALETTE INDIA PRIVATE LIMITED" (exact match), status Active, constitution "Private Limited Company," registration date 29/02/2020, state jurisdiction LGSTO 015 - Bengaluru, central jurisdiction RANGE-ASD5, nature of business "Supplier of Services," filing frequency quarterly. PAN embedded in GSTIN (AATCA2588H) matches the PAN reported by Tofler. This is the only GST registration identified for this entity (single home state: Karnataka) — no evidence of multi-state registration was found, consistent with a single-city SaaS/services operation.
Financials
Partial / conflictingFY2024
- Revenue ~Rs 16.81 crore, up ~130% YoY. EBITDA and Net Profit for FY24 are paywalled ("locked") on TheCompanyCheck — not obtained. FY2023: Revenue band Rs 1-10 crore with 178.2% YoY growth (directionally consistent with a ~Rs 7.3 crore FY23 base implied by the FY24 130% growth figure — two sources corroborate the trend though neither gives an exact FY23 absolute figure)
- Net worth declined -39.52% YoY
- Operating margin -37.15%
- Net profit margin -36.11% (loss-making)
- ROE -62.54%
- ROCE -53.77%
- Debt-to-Equity 0.18. Net worth and total borrowings in absolute Rs terms: not obtained (paywalled). No FY2025 filing was found yet (FY25 filings not typically due until ~Oct/Nov 2025-Sep2026 filing window). All figures above are standalone (the Indian subsidiary only) — no consolidated group financials were found or expected, since group reporting would sit with the Singapore parent
Funding
Partial / conflicting- Funding is reported at the Singapore parent (Ai Palette / Aipalette Pte Ltd) level, not separately for the Indian subsidiary, which is standard for such structures
- Per aggregated web sources: total raised ~US$12.7M+ across rounds since first funding on 23 Aug 2019
- Series A: ~US$5.8M led by Tin Men Capital (announced ~March 2024)
- Series A1 extension: additional ~US$1.45M from InnoVen Capital (~June 2024), bringing combined Series A + A1 to ~US$7.7M. Other named investors across rounds: Exfinity Ventures, Pi Ventures (11 institutional investors + 1 angel investor total, per aggregator)
- NOTE: round names/investor list should be treated as Tracxn-derived per this task's sourcing rules (round names only) and were not independently re-verified on Tracxn directly; triangulated instead via secondary press summaries, so treat as partial/unconfirmed rather than fully confirmed
Charges & Borrowings
Partial / conflicting- One charge identified: Chargeholder IDFC First Bank Limited, amount Rs 2.0 crore, date created 31 July 2023 — reported as open/outstanding
- Falconebiz corroborates order-of-magnitude and status: "Open Charges: Rs 2 Crore" and separately "Satisfied Charges: Rs 14 Crore"
- Two sources agree on the Rs 2 crore open charge; the Rs 14 crore satisfied-charge figure is single-sourced and not independently corroborated
Competitors
ConfirmedSpate
US, AI trend-forecasting for beauty/CPG
Trendalytics
US, retail trend intelligence for consumer brands
Suzy
US, on-demand consumer-insights/research platform
Kantar
UK, global market-research and consumer-insights group
Brandwatch
owned by Cision, social-listening & consumer-intelligence platform
Circana
formerly IRI, US, CPG/retail data & analytics
Frequently Asked Questions
What does Aipalette India Private Limited do?
Aipalette India Private Limited is the Bengaluru-registered Indian subsidiary of Singapore-based Ai Palette (Aipalette Pte Ltd), an AI-powered consumer-insights platform for the Consumer Packaged Goods (CPG) industry.
What is the CIN of Aipalette India Private Limited?
The Corporate Identification Number (CIN) of Aipalette India Private Limited is U72900KA2020FTC132255.
Where is Aipalette India Private Limited registered?
Aipalette India Private Limited is registered with Registrar of Companies, Karnataka (Bangalore/Bengaluru). Registered address: 6/A, 7th Main, 1st Block, Koramangala Industrial Layout, Koramangala, Bangalore South, Karnataka, India – 560034 (Source: Tofler, Falconebiz — 2 sources agree; GST primary address record shows PIN 560037, a minor pincode discrepancy between MCA-derived aggreg…
When was Aipalette India Private Limited incorporated?
Aipalette India Private Limited was incorporated on 03 February 2020 (Source: Tofler, Falconebiz — 2 sources agree).
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