About Sassist Io India Private Limited
Data last updated:
Sassist Io India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Answeriq Inc., Usa. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 July 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017FTC105160. Its GSTIN is 29AAZCS0208C1Z9 (Karnataka).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Pamela Anne Sergeeff and Suman Gopalan.
Its last annual general meeting (AGM) was held on 23 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.85 Lakh (net margin -91%) and EBITDA of -₹3.17 Lakh (EBITDA margin -101%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
The company had about 11 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: AnsweriQ.
The last known website on record is answeriq.com.
Company details
Contact details
Sassist Io India Private Limited's registered office is in Bangalore, Karnataka. Its website is answeriq.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRmz Ecoworld Ground Floor Bay Area Adjacent To Building 6A Outer Ring Road Devarabeesan, Ahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Sassist Io India Private Limited, 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
Sassist Io India operates one associated brand: AnsweriQ. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-enabled triaging and routing of customer support tickets is facilitated. | answeriq.com |
Business activity
The main business activity of Sassist Io India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Sassist Io India Private Limited
FY 2022 filings availableSassist Io India Private Limited reported revenue of ₹3.14 Lakh (up 318% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 318% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 83%. EBITDA rose 74% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.14 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.85 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101% | ||||
| Net Profit Margin | -91% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Sassist Io India Private Limited, buy the company report.
Board of directors of Sassist Io India Private Limited
Sassist Io India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pamela Anne Sergeeff Also directs: Freshworks Technologies Private Limited | Director | 12 Jul 2022 | 4 Years 3 Months | As last reported |
| Suman Gopalan Also directs: Pi Health Sciences Limited, Kaleidofin Private Limited | Director | 12 Jul 2022 | 4 Years 3 Months | As last reported |
Peer comparison
Sassist Io India Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyber Resilence Global Private Limited | ₹3.15 Lakh (FY 2025) | -91.0% | Gmc, Assam, India | |||
| Monotree Labs Private Limited | ₹3.14 Lakh (FY 2023) | 178.0% | Thrissur, Kerala, India | |||
| Aurora HR Consulting Private Limited | ₹3.14 Lakh (FY 2016) | Hyderabad, Telangana, India | ||||
| Osculant Technologies Private Limited | ₹3.14 Lakh (FY 2024) | 109.0% | Vrindavan, Uttar Pradesh, India | |||
| Azile Infoworld Private Limited | ₹3.14 Lakh (FY 2025) | -94.0% | Bangalore, Karnataka, India | |||
| Sassist Io India Private Limitedthis company | ₹3.14 Lakh (FY 2022) | -₹2.85 Lakh | -91% | 318.0% | 11 | Bangalore, Karnataka, India |
| Handson Technology and Engineering Private Limited | ₹3.14 Lakh (FY 2019) | 3813.0% | Gurgaon, Haryana, India | |||
| Nextinnos Technologies Private Limited | ₹3.14 Lakh (FY 2021) | -81.0% | Haripad, Kerala, India | |||
| Vee9 Ventures Private Limited | ₹3.14 Lakh (FY 2017) | Mumbai, Maharashtra, India | ||||
| Triedge Platform Services Private Limited | ₹3.13 Lakh (FY 2024) | 2030.0% | Delhi, India |
To see the full peer comparison of Sassist Io India Private Limited, buy the company report.
Auditor
Sassist Io India Private Limited is audited by VBSG & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VBSG & CO | FY 2022 | 015931S |
Shareholding
The shareholding of Sassist Io India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sassist Io India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sassist Io India Private Limited 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
Sassist Io India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Sassist Io India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sassist Io India Private Limited has a workforce of 11 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Sassist Io India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAZCS0208C1Z9 | Karnataka | Active | 19 Oct 2017 |
To see the full GST registrations and return filing status of Sassist Io India Private Limited, buy the company report.
Recent activity
Sassist Io India Private Limited has 9 board changes on record since 2018: 2 appointments and 7 cessations. The latest: Pamela Anne Sergeeff ceased to be Additional Director on 23 Sep 2022.
Frequently asked questions
Sassist Io India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sassist Io India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 31 July 2017 and is registered under CIN U72900KA2017FTC105160. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sassist Io India was incorporated on 31 July 2017. It is registered with the Registrar of Companies, Bangalore.
Sassist Io India had 2 directors:
- Pamela Anne Sergeeff - Director
- Suman Gopalan - Director
The CIN (Corporate Identification Number) of Sassist Io India is U72900KA2017FTC105160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sassist Io India is at Rmz Ecoworld Ground Floor Bay Area Adjacent To Building 6A Outer Ring Road Devarabeesan, Ahalli, Bangalore, Karnataka, India – 560103.
Sassist Io India can be reached through the website answeriq.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Sassist Io India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 23 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sassist Io India is 29AAZCS0208C1Z9, registered in Karnataka.
Sassist Io India operated in the information technology industry, in the application development and software solutions segment.
The peers of Sassist Io India by revenue are Cyber Resilence Global Private Limited, Monotree Labs Private Limited, Aurora HR Consulting Private Limited, Osculant Technologies Private Limited, Azile Infoworld Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sassist Io India has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Oct 2021.
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