Company Intelligence Profile
Qikwork Services Private Limited
Bengaluru-based blue-collar workforce management platform (attendance, payroll, hiring) operating under the brand "Smartstaff", legally registered as Qikwork Services Private Limited.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Qikwork Services
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Qikwork Services Private Limited |
|---|---|
| CIN | U74999KA2020PTC139423 |
| PAN | AAACQ6945P |
| Status | Active; unlisted private limited company. |
| Listing | No — unlisted private limited company. |
| Incorporated | 07 October 2020 |
| ROC | Registrar of Companies, Karnataka |
| Sector (NIC) |
|
| Registered address | Hustle Hub First Floor, 1550A and 1550B, Sector 1, Bangalore South, Bangalore, Karnataka - 560102 |
| Authorized capital | ₹50.50 lakh |
| Paid-up capital | ₹24.37 lakh |
Business Overview
Confirmed- Smartstaff (formerly Qikwork) is a full-stack blue-collar workforce management platform serving manufacturing, supply-chain and construction businesses
- It automates worker sourcing/hiring, digital KYC/onboarding, attendance tracking (QR code and facial recognition), payroll and incentive automation, via employer app "Smartstaff Business" and worker apps ("Smartstaff Work"/"Smartstaff Saathi")
- Stated mission: help 100 million Indian blue-collar workers access better work
- Reported enterprise clients include Raymond UCO, Dixcy, Enamor, Future Group, Adarsha Specialty Chemicals, Kumar Organic Products, and Newcast Di Casting
- Sources: YourStory, Tech in Asia, Crunchbase, Capria Ventures, Dealroom
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Arpit Dave | 07117863 | Director & Shareholder & Co-founder & CEO | - |
| Chilukuri Nagagnanesh/Gnanesh Chilukuri | 08907231 | Director & Shareholder & Co-founder & CTO | - |
| Balaji Srinivasa ( | 07169578 | - | - |
GSTIN(s)
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAACQ6945P1ZL | Karnataka | AAACQ6945P (source: Tofler) | Active |
PAN AAACQ6945P (confirmed, Tofler). Primary/home-state (Karnataka) GSTIN found: 29AAACQ6945P1ZL, via a Google-indexed snippet from FnShift Solutions' GSTIN lookup (single source only — could not independently verify on knowyourgst.com or findgst.in, both of which errored during this session). Status shown in snippet as active/e-invoice enabled but unverified directly. Number of total state registrations and full status: not obtained. Overall status: PARTIAL.
Financials
Partial / conflicting- Latest available: Revenue in the ₹10-25 crore range
- EBITDA, PAT and net worth: not obtained (paywalled); total borrowings decreased 54.18% YoY; operating margin -216.68%; net profit margin -135.22%; debt-to-equity ratio 1.61
- Overall status: PARTIAL — directional/ratio data only, no independently corroborated absolute P&L figures found
Funding
Confirmed- (1) ~$4.3M raised, announced ~4 Oct 2021, from Blume Ventures and existing investors
- (2) Series A of $6.2M closed 4 Jul 2023, led by Nexus Venture Partners, with Arkam Ventures, Blume Ventures, Alteria Capital
- (3) a Corporate Round (amount undisclosed/paywalled) led by Persol Holdings per Crunchbase
- (4) venture-debt financing in 2023-2024 reflected in registered charges (see charges field)
- Cumulative total funding reported by YourStory: $10.5M across 7 investors (Nexus Venture Partners, Gemba Capital, Arkam Ventures, Blume Ventures, Alteria Capital, Persol Holdings, and one more per Crunchbase's "7 investors" count)
Charges/Loans
Confirmed- 5 active charges totalling ₹23 crore, per Tofler: HDFC Bank Ltd ₹8 crore (04 Jul 2023)
- HDFC Bank Ltd ₹4 crore (04 Jul 2023)
- ICICI Bank Ltd ₹5 crore (22 Nov 2023)
- Orbis Trusteeship Services Pvt Ltd ₹3 crore (27 Jun 2023)
- Equentia Financial Service Pvt Ltd ₹3 crore (31 May 2024)
- The July 2023 charge dates coincide with the announced Series A close, consistent with parallel venture-debt financing (Orbis Trusteeship commonly acts as debenture trustee for venture debt lenders such as Alteria Capital)
- Status: CONFIRMED
Legal (Indian Kanoon)
Confirmed- Indian Kanoon: Smartstaff Staffing Services Private Limited v. Zeitgeist Ventures Private Limited, Bangalore District Court (Commercial Division), judgment dated 4 March 2026 (Doc ID 83109884)
- Recovery suit for unpaid manpower-deputation invoices (workers supplied Apr-Oct 2022); total claim ₹62,80,296, defendant issued 3 dishonoured cheques worth ₹18,00,000 leaving ₹44,80,296 outstanding
- Defendant argued the contract was with Qikwork Services (not the Smartstaff subsidiary) and disputed worker quality
- Outcome: decreed in plaintiff's favour — ₹44,80,296 plus 12% p.a. interest ordered; defendant's non-appearance held to be abuse of process
- No other litigation located
- Status: CONFIRMED (single matching case)
Competitors
ConfirmedFrequently Asked Questions
What does Qikwork Services Private Limited do?
What is the CIN of Qikwork Services Private Limited?
Where is Qikwork Services Private Limited registered?
When was Qikwork Services Private Limited incorporated?
Explore on Recur Club
Bharat Ke Super Founders
Recur Club's show spotlighting the founders building India's next generation of companies. Watch their stories.
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.
