Company Intelligence Profile
Upside LMS HRTech Private Limited
Pune-based enterprise SaaS learning company behind the UpsideLMS / Invince learning platforms.
CIN: U72900PN2018PTC178781ActiveRoC-Pune, MaharashtraConfidence: high
Last updated 4 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Upside LMS HRTech
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Upside LMS HRTech Private Limited |
|---|---|
| CIN | U72900PN2018PTC178781 |
| PAN | AACCU3016F. |
| Status |
|
| Listing | Unlisted / private limited company. |
| Incorporated | 18 September 2018. |
| ROC | RoC-Pune, Maharashtra. |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital |
|
| Paid-up capital |
|
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
Directors & DINs
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Amit Khemchand Gautam | 00406062 | - | - |
| Sudipta Sahu | 02152106 | - | - |
Financials
Partial / conflictingLatest audited FY 2024-25 (standalone), figures largely from aggregators:
| Revenue | approx Rs. 17.8 Cr, up ~15-16% YoY |
|---|---|
| EBITDA | exact figure gated |
| PAT / Net profit | exact figure gated |
| Net worth | exact figure gated |
| Borrowings | +18.51% YoY; 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
ConfirmedDocebo
global, large
Cornerstone OnDemand
global, large
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
Frequently Asked Questions
What does Upside LMS HRTech Private Limited do?
Pune-based enterprise SaaS learning company behind the UpsideLMS / Invince learning platforms.
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).
Explore on Recur Club
Revenue-Based FinancingRepay as a share of monthly revenueWorking Capital LoansCollateral-light capital for operationsSecured Term LoansLarger, longer-tenure debtCheck Your EligibilityEstimate funding in minutesCompany SearchExplore more company profilesFinance CalculatorsFree tools for founders & finance teams
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.