About Assistech Foundation
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Assistech Foundation is a private not for profit company based in Bengaluru, Karnataka, India. It operates in the support services segment of the services sector. It was incorporated on 31 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2019NPL129231.
It is led by directors including Suryaprakash Kalyanasundaram and Ravi Narayan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 503 Nandi Woods Apt. 67/1 Near Meenakshi Temple Off Bannerghatta Road, Bengaluru, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.57 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net loss of ₹14.69 Lakh (net margin -9.4%) and EBITDA of -₹14.69 Lakh (EBITDA margin -9.4%). Revenue has grown at a compounded annual rate (CAGR) of 175% over three years.
The company is associated with 2 brands: Assistive Technology Accelerator and AssisTech Foundation.
For more details, the company can be reached via its website atflabs.org.
Company details
Contact details
Assistech Foundation's registered office is in Bengaluru, Karnataka. Its website is atflabs.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 503 Nandi Woods Apt. 67/1 Near Meenakshi Temple Off Bannerghatta Road, Bengaluru, Karnataka, India – 560076
- IndustryService, Other Support Services
To see the full contact details of Assistech Foundation, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Assistech Foundation operates two associated brands: Assistive Technology Accelerator and AssisTech Foundation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Startup accelerator backed by non-profit organisation | atalabs.org | |
| Sector agnostic startup incubator | atflabs.org |
Business activity
The main business activity of Assistech Foundation is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Assistech Foundation, buy the company report.
Financials of Assistech Foundation
FY 2025 filings availableAssistech Foundation reported revenue of ₹1.57 Cr (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 175% over three years, including 63% growth in the latest year. EBITDA fell 931% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹14.69 Lakh | ||||
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| Net Profit (PAT) | -₹14.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -9.4% | ||||
| Net Profit Margin | -9.4% | ||||
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To see the full financial statements and ratios of Assistech Foundation, buy the company report.
Board of directors of Assistech Foundation
Assistech Foundation has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryaprakash Kalyanasundaram | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Ravi Narayan Also directs: Hypergrowth Advisors India Private Limited, Innoverse Foundation, IIT Startups Accelerator Foundation and 2 more | Director | 31 Oct 2019 | 7 Years 0 Months | Current |
| Prateek Madhav Also directs: Aic-Assistech Foundation | Director | 31 Oct 2019 | 7 Years 0 Months | Current |
| Deepa Bikaramnsingh Malik | Director | 20 Jun 2025 | 1 Years 4 Months | Current |
| Ananthasivam Krishnamoorthy Also directs: Alyssia Property Partners LLP, 72 Degrees Consultancy Services LLP, Twenty7edge Consultancy Services LLP and 1 more | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Jawahar Bekay | Director | 31 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Assistech Foundation is compared with the 9 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dsa Remedies Private Limited | ₹1.57 Cr (FY 2024) | 28.0% | Kalaamb, Himachal Pradesh, India | |||
| Arrowtech Bizsource Private Limited | ₹1.57 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Park Street Properties Pvt Ltd | ₹1.57 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Verbly Integrated Communications Private Limited | ₹1.57 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Orvolo Ventures Private Limited | ₹1.57 Cr (FY 2025) | 1.0% | Raipur, Chhattisgarh, India | |||
| Assistech Foundationthis company | ₹1.57 Cr (FY 2024) | -₹14.69 Lakh | -9.4% | 63.0% | Bengaluru, Karnataka, India | |
| Stunning Outsource Services Private Limited | ₹1.57 Cr (FY 2024) | 10.0% | Kanpur, Uttar Pradesh, India | |||
| Niti Contec Private Limited | ₹1.57 Cr (FY 2025) | 79.0% | Hyderabad, Telangana, India | |||
| Vidoc Technologies Private Limited | ₹1.57 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| Bhangu Franchisees Private Limited | ₹1.57 Cr (FY 2024) | 14.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Assistech Foundation, buy the company report.
Auditor
Assistech Foundation is audited by SRIRAMULU NAIDU & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRAMULU NAIDU & CO | FY 2021 | 008975S |
Shareholding
The shareholding of Assistech Foundation is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public |
To see the full shareholding pattern of Assistech Foundation, buy the company report.
Legal cases
No court or tribunal cases involving Assistech Foundation are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Assistech Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Assistech Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Assistech Foundation has 6 board changes on record since 2019: 6 appointments. The latest: Deepa Bikaramnsingh Malik was appointed as Director on 20 Jun 2025.
Frequently asked questions
Assistech Foundation is an active private not for profit company based in Bengaluru, Karnataka, India. The company works in other support services, within the service industry. It was incorporated on 31 October 2019 (7+ years old) and is registered under CIN U85300KA2019NPL129231.
Assistech Foundation has 6 current directors:
- Suryaprakash Kalyanasundaram - Director
- Ravi Narayan - Director
- Prateek Madhav - Director
- Deepa Bikaramnsingh Malik - Director
- Ananthasivam Krishnamoorthy - Director
- Jawahar Bekay - Director
The latest financial statements of Assistech Foundation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Assistech Foundation is U85300KA2019NPL129231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assistech Foundation was incorporated on 31 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Assistech Foundation by revenue are Dsa Remedies Private Limited, Arrowtech Bizsource Private Limited, Park Street Properties Pvt Ltd, Verbly Integrated Communications Private Limited, Orvolo Ventures Private Limited and 4 more, all in the same principal business activity (other support services to organizations).
Deepa Bikaramnsingh Malik was appointed as Director on 20 Jun 2025. Ananthasivam Krishnamoorthy was appointed as Director on 31 Dec 2020. Suryaprakash Kalyanasundaram was appointed as Director on 31 Dec 2020. Assistech Foundation has 6 board changes on record in total.
Assistech Foundation can be reached through the website atflabs.org. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Assistech Foundation is at D – 503 Nandi Woods Apt. 671 Near Meenakshi Temple Off Bannerghatta Road, Bengaluru, Karnataka, India – 560076.
Assistech Foundation operates in the service industry, in the other support services segment.
Assistech Foundation has 2 associated brands: Assistive Technology Accelerator, Assistech Foundation.
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