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.

CIN: U74999KA2020PTC139423ActiveRegistrar 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 nameQikwork Services Private Limited
CINU74999KA2020PTC139423
PANAAACQ6945P
StatusActive; unlisted private limited company.
ListingNo — unlisted private limited company.
Incorporated07 October 2020
ROCRegistrar of Companies, Karnataka
Sector (NIC)
  • Business services — other support services to organizations
  • IT design & application development services
Registered addressHustle 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
NameDINRoleAppointed
Arpit Dave07117863Director & Shareholder & Co-founder & CEO-
Chilukuri Nagagnanesh/Gnanesh Chilukuri08907231Director & Shareholder & Co-founder & CTO-
Balaji Srinivasa (07169578--

GSTIN(s)

Partial / conflicting
GSTINStatePANStatus
29AAACQ6945P1ZLKarnatakaAAACQ6945P (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)

Shareholding

Partial / conflicting
  • No cap-table or shareholding-percentage disclosure located in any accessible source
  • Tofler identifies Arpit Dave and Chilukuri Nagagnanesh as "Shareholder" directors (stake % undisclosed)
  • Given the Series A/Corporate-round history, institutional investors (Nexus, Arkam, Blume, Alteria, Persol Holdings) are known to hold minority equity stakes, but exact percentages are not obtained
  • Status: PARTIAL

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

Competitors

Confirmed
Keka HR
Zoho People
Rippling
global enterprise HR software, different tier/market

Frequently Asked Questions

What does Qikwork Services Private Limited do?
Bengaluru-based blue-collar workforce management platform (attendance, payroll, hiring) operating under the brand "Smartstaff", legally registered as Qikwork Services Private Limited.
What is the CIN of Qikwork Services Private Limited?
The Corporate Identification Number (CIN) of Qikwork Services Private Limited is U74999KA2020PTC139423.
Where is Qikwork Services Private Limited registered?
Qikwork Services Private Limited is registered with Registrar of Companies, Karnataka (source: Tofler). Registered address: Hustle Hub First Floor, 1550A and 1550B, Sector 1, Bangalore South, Bangalore, Karnataka - 560102 (source: Tofler)
When was Qikwork Services Private Limited incorporated?
Qikwork Services Private Limited was incorporated on 07 October 2020 (source: Tofler).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.