About Affinsys AI Private Limited
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Affinsys AI Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114885. Its GSTIN is 29AARCA1378H1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹79,590. It is led by directors Devarakonda Suryaprasad and Aditya Bhagat.
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 B 602 Vaswani Pinnacle Apartment Whitefiled Main Road Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.21 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹83.7 Lakh (net margin 9.1%) and EBITDA of ₹1.16 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 54% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: BankBuddy and Affinsys.
For more details, the company can be reached via its website affinsys.com.
Company details
Contact details
Affinsys AI Private Limited's registered office is in Bangalore, Karnataka. Its website is affinsys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB 602 Vaswani Pinnacle Apartment Whitefiled Main Road Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Affinsys AI 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
Affinsys AI operates two associated brands: BankBuddy and Affinsys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered digital banking platforms are provided for various client segments. | bankbuddy.ai | |
| An AI-based platform for customer experience software development is provided. | affinsys.com |
Business activity
The main business activity of Affinsys AI is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Affinsys AI Private Limited, buy the company report.
Financials of Affinsys AI Private Limited
FY 2025 filings availableAffinsys AI Private Limited reported revenue of ₹9.21 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 11% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.16 Cr | ||||
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| Net Profit (PAT) | ₹83.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 9.1% | ||||
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To see the full financial statements and ratios of Affinsys AI Private Limited, buy the company report.
Board of directors of Affinsys AI Private Limited
Affinsys AI has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarakonda Suryaprasad Also directs: Bfsi Software Consulting Private Limited | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
| Aditya Bhagat Also directs: Studiolot AI Private Limited | Director | 19 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Affinsys AI Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techbrawn IT Solutions Private Limited | ₹9.27 Cr (FY 2025) | -36.0% | Delhi, India | |||
| Britive India Private Limited | ₹9.24 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Affinsys AI Private Limitedthis company | ₹9.21 Cr (FY 2025) | ₹83.7 Lakh | 9.1% | 11.0% | 40 | Bangalore, Karnataka, India |
| Elastik Teams India Private Limited | ₹9.21 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Boutiqaat Services Private Limited | ₹9.18 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Affinsys AI Private Limited, buy the company report.
Auditor
Affinsys AI Private Limited is audited by Vishal Kumar Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vishal Kumar Jain & Associates | FY 2023 | 031725C |
Shareholding
The shareholding of Affinsys AI Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Affinsys AI Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Affinsys AI 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
No delayed payments to MSME suppliers are on our record for Affinsys AI Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Affinsys AI Private Limited has a workforce of 40 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Affinsys AI has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCA1378H1Z8 | Karnataka | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Affinsys AI Private Limited, buy the company report.
Recent activity
Affinsys AI Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Aditya Bhagat was appointed as Director on 19 Jul 2018.
Frequently asked questions
Affinsys AI is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 July 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114885.
Affinsys AI has 2 current directors:
- Devarakonda Suryaprasad - Director
- Aditya Bhagat - Director
The latest financial statements of Affinsys AI 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 2019 are in the company report.
The GSTIN of Affinsys AI is 29AARCA1378H1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Affinsys AI is U74999KA2018PTC114885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affinsys AI was incorporated on 19 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Affinsys AI by revenue are Techbrawn IT Solutions Private Limited, Britive India Private Limited, Elastik Teams India Private Limited, Boutiqaat Services Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (other information & communication service activities).
Aditya Bhagat was appointed as Director on 19 Jul 2018. Devarakonda Suryaprasad was appointed as Director on 19 Jul 2018.
Affinsys AI can be reached through the website affinsys.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Affinsys AI is at B 602 Vaswani Pinnacle Apartment Whitefiled Main Road Whitefield, Bangalore, Karnataka, India – 560066.
Affinsys AI operates in the information technology industry, in the software development and support services segment.
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