Company Intelligence Profile
Upside LMS HRTech Private Limited
Pune-based enterprise SaaS learning company behind the UpsideLMS / Invince learning platforms.
CIN: U72900PN2018PTC178781Active (Private Limited Company; last updated per Tofler 21 May 2026). Source: Tofler, TheCompanyCheck.RoC-Pune, Maharashtra (Tofler shows RoC Maharashtra; TheCompanyCheck/Falconebiz show Pune).Confidence: high
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Upside LMS HRTech Private Limited |
|---|---|
| CIN | U72900PN2018PTC178781 |
| PAN | AACCU3016F (Source: Tofler). |
| Status | Active (Private Limited Company; last updated per Tofler 21 May 2026). Source: Tofler, TheCompanyCheck. |
| Listing | Unlisted / private limited company. |
| Incorporated | 18 September 2018 (confirmed by Tofler, TheCompanyCheck, Falconebiz). |
| ROC | RoC-Pune, Maharashtra (Tofler shows RoC Maharashtra; TheCompanyCheck/Falconebiz show Pune). |
| Sector (NIC) | Information & communication / IT — computer programming, consultancy and related activities (NIC Group J62 / division 62). Domain: eLearning & Learning Management Systems. Source: TheCompanyCheck, MCA classification via registry aggregators. |
| Registered address | Survey No. 43/1 and 44/I/L, SMARTWORKS, Amar Madhuban Tech Park (AMTP), 9th Floor, Invince, Baner, Pune City, Maharashtra, India – 411045. Source: Tofler, TheCompanyCheck, Falconebiz. |
| Authorized capital | Rs. 5,24,14,650 (approx Rs. 5.24 Cr). Source: TheCompanyCheck (Rs. 5.24 Cr), Tofler (Rs. 5.2 Cr), search snippet (Rs. 52,414,650). |
| Paid-up capital | Rs. 5,24,14,650 (approx Rs. 5.24 Cr) — equal to authorized capital. Source: TheCompanyCheck, Tofler. |
Business Overview
Confirmed- Enterprise learning technology company
- Its LMS product, historically branded UpsideLMS, has been rebranded as Invince (upsidelms.com now redirects to invince.ai)
- Product suite includes Invince LMS (AI-powered, mobile-ready SaaS learning management system), Invince LXP (learning experience platform with skills intelligence), Invince Craft (generative-AI multilingual microlearning content tool) and Plethora Learning (curated library of 80K+ ready-to-use courses/videos)
- Serves 400+ enterprise customers across BFSI, healthcare, manufacturing and retail
- Source: invince.ai, techjockey.com
- Reported headcount ~85 (Oct 2025) per TheCompanyCheck
- (Treat headcount cautiously — aggregator estimate.)
Directors & DINs
Confirmed2 directors (both since incorporation 18 Sep 2018): (1) Amit Khemchand Gautam — DIN 00406062 (co-founder; email amitgautam@upsidelms.com); (2) Sudipta Sahu — DIN 02152106. DINs confirmed by Falconebiz (via Tofler cross-check). Source: Tofler, Falconebiz.
Financials
Partial / conflictingLatest audited FY 2024-25 (standalone), figures largely from aggregators:
| Revenue | approx Rs. 17.8 Cr, up ~15-16% YoY (TheCompanyCheck Rs. 17.8 Cr / 15%; Tofler ~15.9% growth, revenue band Rs. 10-25 Cr) |
|---|---|
| EBITDA | exact figure gated; Tofler reports +63.6% YoY growth |
| PAT / Net profit | exact figure gated; Tofler reports +53.42% YoY growth |
| Net worth | exact figure gated; Tofler reports +11.15% YoY increase |
| Borrowings | +18.51% YoY (Tofler); open secured charge of Rs. 2.0 Cr outstanding |
| Balance sheet (Mar 2025) | total assets Rs. 17.7 Cr; trade receivables Rs. 8.6 Cr; cash & equivalents Rs. 0.3 Cr |
Standalone basis. Exact EBITDA/PAT/net worth values: not obtained (premium-gated). Source: Tofler, TheCompanyCheck.
Charges & Loans
Confirmed- One open charge: HDFC Bank Limited, Rs. 2.0 Cr, created/modified 24 March 2025
- Source: Tofler, TheCompanyCheck
Competitors
Confirmed- Learning management / corporate learning platform peers: Docebo (global, large — ~US$217M FY24 revenue)
- Cornerstone OnDemand (global, large — 7,000+ customers)
- SAP Litmos (global, large)
- 360Learning (global, mid-large)
- Moodle (open-source, very large install base)
- Disprz (India, mid)
- Paradiso Solutions (India, small-mid)
- LinkedIn Learning (global, large)
- UpsideLMS/Invince sits in the small-to-mid enterprise-SaaS LMS tier
- Source: web search, Gartner peer insights
Frequently Asked Questions
What does Upside LMS HRTech Private Limited do?
What is the CIN of Upside LMS HRTech Private Limited?
The Corporate Identification Number (CIN) of Upside LMS HRTech Private Limited is U72900PN2018PTC178781.
Where is Upside LMS HRTech Private Limited registered?
Upside LMS HRTech Private Limited is registered with RoC-Pune, Maharashtra (Tofler shows RoC Maharashtra; TheCompanyCheck/Falconebiz show Pune). Registered address: Survey No. 43/1 and 44/I/L, SMARTWORKS, Amar Madhuban Tech Park (AMTP), 9th Floor, Invince, Baner, Pune City, Maharashtra, India – 411045.
When was Upside LMS HRTech Private Limited incorporated?
Upside LMS HRTech Private Limited was incorporated on 18 September 2018 (confirmed by Tofler, TheCompanyCheck, Falconebiz).
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