Company Intelligence Profile
Vernost Tech Ventures Private Limited
B2B technology company delivering loyalty, travel commerce and digital payments platforms (ClubClass, VeTravel, VePay).
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Vernost Tech Ventures Private Limited |
|---|---|
| CIN | U74120MH2012PTC237314 |
| PAN | AAECV2683H (derived from GSTIN 27AAECV2683H1Z2) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 30 October 2012 |
| ROC | RoC-Mumbai (Maharashtra) |
| Sector (NIC) | Business is B2B technology (loyalty, travel commerce, digital payments, customer engagement). Registry classifications conflict: TheCompanyCheck lists NIC group J8 "Other information & communication service activities" (Information & Communication); another MCA-derived source lists legacy activity "accounting, book-keeping and auditing activities; tax consultancy". Reported as conflict. |
| Registered address | Unit No. 201-3, 2nd Floor, Pankaj Building, Behind Chandivali Ice Factory, Chandivali, Andheri East, Mumbai City, Mumbai, Maharashtra 400072 |
| Authorized capital | ₹10.00 Crore |
| Paid-up capital | ₹4.43 Crore (₹4,43,20,000) |
Business Overview
Confirmed- Vernost is a B2B technology company providing next-generation loyalty, travel commerce and digital payments solutions
- Core products: ClubClass Loyalty Suite (customer loyalty/rewards), VeTravel (travel technology platform for tourism/hospitality), and VePay (payments platform for banks and enterprises), with practices spanning AI, analytics, cloud, blockchain and commerce
- Says it serves 100M+ customers across 10+ countries
- The name derives from the Czech word for "fidelity"
- Named clients/brands referenced on its site and in coverage include Axis Bank, Tata NEU, SBI Card, InterMiles, GEMS Education, Emaar, IndiGo and EaseMyTrip (client relationships per company marketing
- not independently audited)
- Source: vernost.com, WebSearch
Directors & DINs
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vikas Mankhand | 06556254 | - | 19 Apr 2013 |
| Darshana Shantaram Jagtap | 03318498 | - | 30 Oct 2012 |
| Pankaj Santoshkumar Tripathi | 02963864 | - | 01 Apr 2023 |
| Khalid Reza Abdus Salam | - | Whole-Time Director, appointed 17 Jun 2025, DIN not obtained [TheCompanyCheck]. DINs sourced from Tofler | 17 Jun 2025 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAECV2683H1Z2 | Maharashtra | AAECV2683H (derived from GSTIN 27AAECV2683H1Z2) | Active |
Primary GSTIN: 27AAECV2683H1Z2 — Maharashtra (state code 27), status ACTIVE, registration type REGULAR (Pice/gst.jamku sources). Home state: Maharashtra. PAN: AAECV2683H. Number of registrations: not obtained (only the Maharashtra GSTIN identified).
Financials
Partial / conflicting- Standalone figures (MCA filings)
- FY2024-25 (year ended 31 Mar 2025): Operating revenue ₹409.08 Cr, reported down ~35% YoY [Tofler, TheCompanyCheck]
- FY2023-24 (year ended 31 Mar 2024): revenue "Over ₹500 Cr" (range, per Tofler/Tracxn)
- EBITDA, PAT/net profit, and net worth: not obtained (behind paywall)
- Tofler noted large YoY swings (EBITDA +3,567% and net worth +562% in FY24-25 commentary) but absolute figures not obtained
- Employee base ~159 (as of Mar 2024) [TheCompanyCheck]
- Standalone
- no consolidated statements identified
Funding
Partial / conflictingCharges & Loans
Partial / conflicting- Open (secured) charge of ₹75 Cr registered 12 Oct 2023 (lender listed generically as "Others") [TheCompanyCheck]
- Satisfied charges include Axis Bank ₹3.1 Cr (satisfied 18 Nov 2024) and ₹1.1 Cr (satisfied 27 Dec 2018)
- ~₹4.2 Cr total satisfied
- Single-source (partial)
Competitors
Partial / conflicting- Loyalty / travel-tech / payments B2B peers: Capillary Technologies (large, VC-backed loyalty SaaS)
- Comviva / Mahindra Comviva (large, telecom & payments)
- Giift / Xoxoday-Giift (mid-large, loyalty & rewards)
- Loylty Rewardz Mngt (mid, bank loyalty programs)
- PAYBACK India (mid, multi-brand loyalty)
- Annex Cloud (mid, loyalty SaaS)
- Scale tags approximate
Frequently Asked Questions
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