COMPANY INTELLIGENCE PROFILE

Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited)

Vernost is a B2B technology company providing next-generation loyalty, travel commerce and digital payments solutions.

ActiveUnlisted (private limited company)RoC-Mumbai (Maharashtra)

Business Overview

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.

Sector & Classification

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.

Directors & Key Management

Directors — source notes

Vikas Mankhand — DIN 06556254 (director, ~13 yr tenure, appointed 19 Apr 2013) [Tofler]; Darshana Shantaram Jagtap — DIN 03318498 (director/shareholder, appointed 30 Oct 2012) [Tofler]; Pankaj Santoshkumar Tripathi — DIN 02963864 (director/shareholder, appointed 01 Apr 2023) [Tofler]; Khalid Reza Abdus Salam — Whole-Time Director, appointed 17 Jun 2025, DIN not obtained [TheCompanyCheck]. DINs sourced from Tofler; the three DINs are single-source (partial). Khalid Reza's DIN not obtained.

GST Registrations

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

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 History

No external equity funding identified; Tracxn indicates the company "has not raised any funding" (bootstrapped). Source: Tracxn/WebSearch.

Shareholding

Not obtained in detail. Darshana Shantaram Jagtap and Pankaj Santoshkumar Tripathi are flagged as shareholders on Tofler; full shareholding pattern / cap table not obtained.

Loans & Charges

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).

Credit Ratings

Not obtained — no CRISIL / ICRA / CARE rating found in public sources.

Competitive Landscape

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

What does Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited) do?

Vernost is a B2B technology company providing next-generation loyalty, travel commerce and digital payments solutions.

What is the CIN of Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited)?

Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited)'s Corporate Identification Number (CIN) is U74120MH2012PTC237314.

When was Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited) incorporated?

Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited) was incorporated on 30 October 2012 and is registered with RoC-Mumbai (Maharashtra).

Who are the directors of Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited)?

Directors on record include Vikas Mankhand (DIN 06556254); Darshana Shantaram Jagtap (DIN 03318498); Pankaj Santoshkumar Tripathi (DIN 02963864).

Where is Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited) registered?

The registered office of Vernost Tech Ventures Private Limited (formerly Vernost Marketing Services Private Limited) is at Unit No. 201-3, 2nd Floor, Pankaj Building, Behind Chandivali Ice Factory, Chandivali, Andheri East, Mumbai City, Mumbai, Maharashtra 400072.

Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: EBITDA/PAT/net worth absolute figures (paywalled); Khalid Reza Abdus Salam DIN; full shareholding pattern; number of GST registrations; credit ratings; litigation/Indian Kanoon check; confirmation of open-charge lender identity; NIC code conflict (accounting vs information & communication).