Company Intelligence Profile
Creanovation Technologies Private Limited
Creanovation Technologies Pvt Ltd (brand "CTPL") is a Bhubaneswar (Odisha)-based, DPIIT-recognised startup building digital-transformation software for the education sector.
Last updated 4 August 2026
Creanovation Technologies Pvt Ltd, based in Bhubaneswar, is a DPIIT-recognized startup specializing in digital-transformation software for the education sector. In FY2024, the company achieved a revenue of ₹28.76 Cr, marking a 124% year-over-year growth. Notable products include "Admissions Xlerator," "SREM," and "NextGen Academy.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Creanovation Technologies Private Limited |
|---|---|
| CIN | U72900OR2019PTC031143 |
| PAN | AAICC2315D |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 14 June 2019 |
| ROC | RoC Cuttack / RoC Odisha |
| Sector (NIC) |
|
| Registered address | Plot No. 172, District Centre, Niladrivihar Road, Chandrasekharpur, Khordha, Bhubaneswar, Odisha 751016 |
| Authorized capital | ₹1.0 Cr vs ₹1.15 Cr — source conflict, not resolved; treat as approx. ₹1.0-1.15 Cr |
| Paid-up capital | ₹43.8-43.85 Lakh |
Business Overview
- Creanovation Technologies Pvt Ltd (brand "CTPL") is a Bhubaneswar (Odisha)-based, DPIIT-recognised startup building digital-transformation software for the education sector
- Flagship products per its official site ctpl.io: "Admissions Xlerator" (admissions/lead-management CRM with digital marketing and admissions financing), "SREM" (AI/ML-driven student relationship/admissions MIS), and "NextGen Academy" (industry-aligned curriculum/upskilling content)
- Company positions itself as an experienced ed-tech digital transformation partner for educational institutions
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Namrata Sahoo | 07230121 | Director | 14 Jun 2019 |
| Bikash Chandra Sahoo | 02488028 | Director | 20 Aug 2021 |
| Mihirkumar Arvind Joshi | 00823615 | Nominee Director | 13 Aug 2024 |
Financials
- Revenue ₹28.76 Cr (up ~124% YoY)
- EBITDA and PAT figures locked behind premium/paywall. Per Tofler (FY ending 31 Mar 2025, standalone): Revenue reported in a ₹25-50 Cr range band
- EBITDA growth +84.72% YoY, Net Profit (PAT) growth +142.25% YoY, Net Worth growth +243.73% YoY — exact absolute EBITDA/PAT/net-worth figures require paid Tofler Pro subscription and were not obtainable. Total borrowings not separately stated (see charges below). Two sources partially corroborate strong FY24/FY25 growth trend but exact currency figures for EBITDA/PAT/net worth remain "not obtained." Auditor for FY2024: PBM & Associates. Employee count ~24
Charges / Borrowings
- Open charges totaling ₹25.45 Cr
- Satisfied charges ₹2.18 Cr. Lender breakdown of open charges: "Others" ₹20.45 Cr, SIDBI (Small Industries Development Bank of India) ₹5.00 Cr. Most recent charge entries: a charge with "Others" for ₹1.75 Cr dated 24 Oct 2025, and a charge with SIDBI for ₹5.00 Cr dated 21 Aug 2025
- Single-source — not cross-verified against a second registry source, treat as partial/confirmed-single-source
Competitors
- Ed-tech admissions/CRM and student-lifecycle-management space peers (rough scale tags, general market knowledge, not sourced from a registry): 1) Meritto (formerly NoPaperForms) — larger, well-funded admissions CRM platform (Series-funded, pan-India scale)
- 2) LeadSquared (education vertical) — larger, multi-sector SaaS CRM used widely in ed-tech admissions
- 3) Extramarks / Classteacher / Fedena — similar-scale campus/academic ERP and MIS providers
- 4) Creatrix Campus — comparable-scale campus automation/ERP competitor
- 5) Ellucian (enterprise/international, much larger scale) — for MIS/ERP comparison at the enterprise end
- These are informed by domain knowledge of the Indian ed-tech admissions/ERP market, not directly confirmed by a source citing CTPL by name as a competitor set; treat as indicative, not verified
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