About Ascent Risk & Resilience Software Private Limited
Data last updated: 13 February 2026
Ascent Risk & Resilience Software Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Atc Finetr Software Pte Ltd and recognised as a startup by DPIIT. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 05 September 2017, the company has been in operation for over 9 years.
Registered with ROC Delhi under CIN U72200HR2017PTC070641.
Capital: an authorised share capital of ₹28.2 Lakh and a paid-up capital of ₹26.34 Lakh. Formerly known as Kinolve Software India Private Limited. It is led by directors Sasidhar Vanapalli and Kundan Shekhawat.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 117 First Floor Sector 10, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.09 Cr, a growth of 13% compared to the previous year.
The company has a workforce of approximately 61 employees as per the latest available data. It operates as a subsidiary of Atc Finetr Software Pte Ltd.
The company is associated with 1 brand - Ascent Business.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascentbusiness.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressPlot No. 117 First Floor Sector 10, Gurgaon, Haryana, India – 122001
-
IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited operates one associated brand: Ascent Business. These brands represent Ascent Risk & Resilience Software Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| AI-driven bank reconciliation and escrow solutions are offered for businesses. | ascentbusiness.com |
Competitors & Alternatives of Ascent Risk & Resilience Software Private Limited
Brands and companies operating in the same space as Ascent Risk & Resilience Software Private Limited include Riskified, EXIGER, RapidRatings and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
AI-based fraud prevention for e-commerce payments is provided. | New York, United States, United States | 2013 |
|
|
Third-party risks and supply chains are managed via AI platform. | New York, United States, United States | 2013 |
|
|
Cloud-based vendor risk management and financial insights are provided. | New York, United States, United States | 2002 |
|
|
Cloud-based risk management solutions are offered for the insurance sector. | Kennesaw, United States, United States | 2007 |
|
|
Accounts reconciliation solutions | Bogota, Colombia, Colombia | 2008 |
|
|
SAAS reconciliation solutions are delivered for financial services firms. | London, United Kingdom, United Kingdom | 2010 |
|
|
AI platform used to transform ESG data into actionable insights. | London, United Kingdom, United Kingdom | 2014 |
|
|
Insider threats are detected and managed via user behavior analytics. | Boston, United States, United States | 2006 |
|
|
Cloud-based risk assessment and management solutions are provided for enterprises. | Denver, United States, United States | 2015 |
Business Activity of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | ********* |
Auditor Details of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is audited by Jayant & Sadashiv Chartered Accountants for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayant & Sadashiv Chartered Accountants | blur-value | blur-value | blur-value |
Board of Directors of Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sasidhar Vanapalli | Director | 01 Mar 2024 | 2 Years 4 Months | Current |
| Kundan Shekhawat | Director | 05 Sep 2017 | 8 Years 10 Months | Current |
Financials of Ascent Risk & Resilience Software Private Limited FY 2025 filings available
Ascent Risk & Resilience Software Private Limited reported revenue of ₹10.09 Cr (up 13% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Ascent Risk & Resilience Software Private Limited
As of FY 2023, Ascent Risk & Resilience Software Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited has a workforce of 61 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Ascent Risk & Resilience Software Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Ascent Risk & Resilience Software Private Limited
GSTIN & GST Filing Data of Ascent Risk & Resilience Software Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Ascent Risk & Resilience Software Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ascent Risk & Resilience Software Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Ascent Risk & Resilience Software Private Limited
MSME Payment Delays by Ascent Risk & Resilience Software Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Ascent Risk & Resilience Software Private Limited
Subsidiaries & Group Companies of Ascent Risk & Resilience Software Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ascent Risk & Resilience Software Private Limited with ownership details.
MCA Filings & Documents of Ascent Risk & Resilience Software Private Limited
MCA Filings & Documents of Ascent Risk & Resilience Software Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Ascent Risk & Resilience Software Private Limited
Frequently Asked Questions about Ascent Risk & Resilience Software Private Limited
Ascent Risk & Resilience Software Private Limited is an active private limited company in the information technology sector based in Gurgaon, Haryana, India. It was incorporated on 05 September 2017 (9+ years old) and is registered under CIN U72200HR2017PTC070641. The company has 61 employees.
Ascent Risk & Resilience Software Private Limited reported revenue of ₹10.09 Cr for FY 2025 (up 13.00% YoY).
The current directors of Ascent Risk & Resilience Software Private Limited are:
The primary industry of Ascent Risk & Resilience Software Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Yes, Ascent Risk & Resilience Software Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Ascent Risk & Resilience Software Private Limited can be reached at the registered office: Plot No. 117 First Floor Sector 10, Gurgaon, Haryana, India – 122001, or through the website ascentbusiness.com.