COMPANY INTELLIGENCE PROFILE
Workapps Product Solutions Private Limited
Pune-based enterprise SaaS company (product: VideoCX.io) providing video KYC, video banking and video-based customer onboarding to Indian banks, lenders and insurers.
Workapps Product Solutions Private Limited is a Pune-based enterprise SaaS company specializing in video KYC, video banking, and customer onboarding for the Indian financial sector. The company operates the VideoCX.io platform, boasting features like AI face-match and real-time translation. It claims to have processed around 100 million video calls. Financial figures for FY2025 show estimated revenue of approximately INR 22.13 Crore. The company is founder-owned and bootstrapped, with no external funding noted.
AI-generated, may contain errors.
Business Overview
- Operates the VideoCX.io enterprise video platform for video KYC (RBI-regulated), video banking, video personal discussion (Video PD) for credit verification, insurance policy servicing and motor-claim assessment.
- Platform features AI face-match, liveness detection, OCR, real-time translation/speech-to-text, queue management, co-browsing and a checker/audit module
- Built on AWS, Chime, Lambda, Rekognition, Transcribe, with SaaS/hybrid/self-hosted deployment.
- Website claims ~100 million video calls processed across 44 product journeys.
- Customers cited on the company site include ~28 banks, ICICI, Axis, Kotak Mahindra, HDFC, DBS, ~33 lenders, Tata Capital, Aditya Birla Capital, Hero Housing Finance, and ~6 insurers, HDFC Life, Bajaj Allianz, ICICI Lombard., Source: videocx.io; client claims are company-stated, unverified.
Sector & Classification
Software / IT services — "Design and development services of software applications including customized and packaged software; other information & communication service activities" (NIC group 620/631). DPIIT-recognised startup.
Directors & Key Management
Directors — source notes
Shankar Dagadu Borate — DIN 07267216, Director & shareholder, appointed 18 May 2017. Rudrajeet Siddharth Desai — DIN 01817087, Director & shareholder, appointed 18 May 2017. (DINs confirmed by Tofler and TheCompanyCheck.)
GST Registrations
Primary GSTIN: not obtained (GST-lookup pages returned 404/500; a specific verified GSTIN could not be retrieved and is not invented). PAN: AACCW0081G. Home state: Maharashtra (GST state code 27). Number of registrations: not obtained. Status: not obtained.
Financials
Workapps Product Solutions Private Limited reported estimated FY2025 revenue of approximately INR 22.13 crore, showing 24% growth year-over-year. FY2024 saw a notable EBITDA increase of 179.64% and book net worth rise of 39.41%, despite a 96.48% drop in net profit. Borrowings decreased by 34.41%, with total assets down by 16.01%. Employee headcount as of April 2024 was approximately 32.
AI-generated, may contain errors.
- Standalone (India entity), unaudited/estimated figures from data aggregators — absolute values largely paywalled.
- TheCompanyCheck: FY2025 revenue ~INR 22.13 Cr (+24% YoY).
- Tofler: FY2024, year ended 31 Mar 2024, operating-revenue band INR 1–100 Cr, TheCompanyCheck narrows to INR 10–25 Cr.
- Directional FY2024 movements, absolutes locked behind premium: EBITDA +179.64% YoY, PAT/net profit −96.48% YoY, book net worth +39.41% YoY, borrowings −34.41% YoY, total assets −16.01% YoY.
- EBITDA, PAT, net worth and borrowing absolute figures: not obtained.
- Last AGM: 30 Sep 2024.
- EPFO headcount ~32 (Apr 2024).
- Note: revenue figures are aggregator estimates, not confirmed audited numbers.
Funding History
- No external/venture funding rounds found; appears founder-owned/bootstrapped. DPIIT-recognised startup., none found in accessible sources
Loans & Charges
- One open charge: INR 1.0 Crore in favour of AU Small Finance Bank Limited, created 28 July 2025, status Open., Source: Tofler/TheCompanyCheck family; TheCompanyCheck labels the holder generically as "Others" while Tofler names AU Small Finance Bank — minor source conflict on lender name, amount and date agree.
Legal & Compliance
- No court cases or proceedings found on Indian Kanoon for "Workapps Product Solutions".
Competitive Landscape
- Signzy, HyperVerge, IDfy, Digio, Kwik.ID, Bureau.id
Frequently Asked Questions
What does Workapps Product Solutions Private Limited do?
Workapps Product Solutions Private Limited is a Pune-based enterprise SaaS company that provides video KYC, video banking, and video-based customer onboarding to Indian banks, lenders, and insurers through their product VideoCX.io.
What is the CIN of Workapps Product Solutions Private Limited?
The CIN of Workapps Product Solutions Private Limited is U74999PN2017PTC170482.
What is the incorporation date of Workapps Product Solutions Private Limited?
Workapps Product Solutions Private Limited was incorporated in 2017.
Where is the registered office of Workapps Product Solutions Private Limited located?
The registered office of Workapps Product Solutions Private Limited is located at 1st Floor, Sky Loft, Creaticity Mall, Opp Golf Course, Off Airport Road, Shastrinagar, Yerawada, Pune, Maharashtra 411006.
Sources
TheCompanyCheck (company page, CIN U74999PN2017PTC170482); Tofler (company page, same CIN); videocx.io / web.videocx.io (product & customer claims); Indian Kanoon (legal search — nil). Falconebiz and GST-lookup pages (knowyourgst/findgst) were attempted but returned generic/404/500 responses.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.