COMPANY INTELLIGENCE PROFILE
Creanovation Technologies Private Limited
Creanovation Technologies Pvt Ltd (brand "CTPL") is a Bhubaneswar (Odisha)-based, DPIIT-recognised startup building digital-transformation software for the education sector.
Creanovation Technologies Private Limited, established on June 14, 2019, focuses on digital transformation in the education sector. Headquartered in Bhubaneswar, Odisha, and recognized by DPIIT, the company offers digital solutions like Admissions Xlerator, SREM, and NextGen Academy. With notable financial growth in FY2024 and FY2025, it reports revenue between ₹25-50 Cr. The company has open charges totaling ₹25.45 Cr and an employee base of approximately 24.
AI-generated, may contain errors.
Business Overview
- Creanovation Technologies Pvt Ltd (brand "CTPL") is a Bhubaneswar (Odisha)-based, DPIIT-recognised startup building digital-transformation software for the education sector.
- Flagship products per its official site ctpl.io: "Admissions Xlerator", admissions/lead-management CRM with digital marketing and admissions financing, "SREM", AI/ML-driven student relationship/admissions MIS, and "NextGen Academy", industry-aligned curriculum/upskilling content.
- Company positions itself as an experienced ed-tech digital transformation partner for educational institutions., Source: ctpl.io; TheCompanyCheck
Sector & Classification
Information Technology / Software — "Application development and software solutions"; NIC Section J (Information & Communication); Tofler class: computer-related services/software development (TheCompanyCheck, Tofler — confirmed)
Directors & Key Management
Directors — source notes
1) Namrata Sahoo — DIN 07230121, Director, appointed 14 Jun 2019 (since incorporation). 2) Bikash Chandra Sahoo — DIN 02488028, Director, appointed 20 Aug 2021 (Tofler shows ~5yr tenure). 3) Mihirkumar Arvind Joshi — DIN 00823615, Nominee Director, appointed 13 Aug 2024 (TheCompanyCheck) / Tofler shows ~2yr tenure — both sources agree on identity and roles; appointment dates differ slightly (13 Aug 2024 vs implied ~2 yrs) — confirmed via 2 sources, minor date variance noted.
GST Registrations
Not obtained. No source (Tofler, TheCompanyCheck, findgst.in, knowyourgst.com, mastersindia.co) surfaced an actual GSTIN for this entity — GST pages behind paywall or 404/500 on all attempts. Home state would presumptively be Odisha given registered address, but this is inferred, not confirmed. #registrations and status: not obtained.
Financials
Creanovation Technologies Private Limited achieved significant growth with FY2024 revenue of ₹28.76 Cr, reflecting a 124% YoY increase. EBITDA and PAT figures showed substantial growth, with 84.72% and 142.25% rises, respectively, as per Tofler's FY2025 report. Net worth climbed by 243.73%. Total borrowings not disclosed.
AI-generated, may contain errors.
- FY2024, per TheCompanyCheck, standalone, statutory filing-derived: Revenue ₹28.76 Cr (up ~124% YoY)
- EBITDA and PAT figures locked behind premium/paywall. Per Tofler, FY ending 31 Mar 2025, standalone: Revenue reported in a ₹25-50 Cr range band
- EBITDA growth +84.72% YoY, Net Profit (PAT) growth +142.25% YoY, Net Worth growth +243.73% YoY — exact absolute EBITDA/PAT/net-worth figures require paid Tofler Pro subscription and were not obtainable.
- Total borrowings not separately stated, see charges below.
- Two sources partially corroborate strong FY24/FY25 growth trend but exact currency figures for EBITDA/PAT/net worth remain "not obtained." Auditor for FY2024: PBM & Associates, TheCompanyCheck.
- Employee count ~24, as of 07 Apr 2024, TheCompanyCheck.
Funding History
- Not obtained / none found. No VC/PE funding rounds or investor names surfaced on Tofler/TheCompanyCheck/general web search
- Company appears to rely on debt/lending rather than equity funding (see Charges). Tracxn was not consulted, out of scope without a specific need for round-name lookup, and general search access was exhausted this session.
Loans & Charges
| Per TheCompanyCheck | Open charges totaling ₹25.45 Cr |
| Satisfied charges | ₹2.18 Cr. |
| Lender breakdown of open charges | "Others" ₹20.45 Cr, SIDBI, Small Industries Development Bank of India, ₹5.00 Cr. |
| Most recent charge entries | a charge with "Others" for ₹1.75 Cr dated 24 Oct 2025, and a charge with SIDBI for ₹5.00 Cr dated 21 Aug 2025. |
| Single-source, TheCompanyCheck, — not cross-verified against a second registry source, treat as partial/confirmed-single-source. | |
Competitive Landscape
- Ed-tech admissions/CRM and student-lifecycle-management space peers, rough scale tags, general market knowledge, not sourced from a registry: 1) Meritto, formerly NoPaperForms, — larger, well-funded admissions CRM platform, Series-funded, pan-India scale.
- 2) LeadSquared, education vertical, — larger, multi-sector SaaS CRM used widely in ed-tech admissions.
- 3) Extramarks / Classteacher / Fedena — similar-scale campus/academic ERP and MIS providers.
- 4) Creatrix Campus — comparable-scale campus automation/ERP competitor.
- 5) Ellucian, enterprise/international, much larger scale, — for MIS/ERP comparison at the enterprise end.
- These are informed by domain knowledge of the Indian ed-tech admissions/ERP market, not directly confirmed by a source citing CTPL by name as a competitor set
- Treat as indicative, not verified.
Frequently Asked Questions
What does Creanovation Technologies Private Limited do?
Creanovation Technologies Private Limited is a Bhubaneswar-based startup that builds digital-transformation software for the education sector. Their flagship products include Admissions Xlerator, SREM, and NextGen Academy.
What is the CIN of Creanovation Technologies Private Limited?
The Corporate Identification Number (CIN) of Creanovation Technologies Private Limited is U72900OR2019PTC031143.
When was Creanovation Technologies Private Limited incorporated?
Creanovation Technologies Private Limited was incorporated on 14 June 2019.
Where is the registered office of Creanovation Technologies Private Limited located?
The registered office of Creanovation Technologies Private Limited is located at Plot No. 172, District Centre, Niladrivihar Road, Chandrasekharpur, Khordha, Bhubaneswar, Odisha 751016.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.