Asserts AI India Private Limited
About Asserts AI India Private Limited
Data last updated:
Asserts AI India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Asserts Inc., Usa. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 06 August 2020, the company has been in operation for over 6 years.
Registered with ROC Bangalore under CIN U72501KA2020FTC136925.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manoj Acharya and Radhakrishnan Jankiraman.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Level 8 Umiya Business Bay Tower 1 Cessna Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a decline of 24% compared to the previous year.
The company has a workforce of approximately 3 employees as per the latest available data. It operates as a subsidiary of Asserts Inc., Usa.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds.
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- Registered AddressLevel 8 Umiya Business Bay Tower 1 Cessna Business Park Marathahalli Outer Ring Ro, Ad, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Asserts AI India
The main business activity of Asserts AI India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for Asserts AI India Private Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Asserts AI India
Asserts AI India Private Limited is audited by V B S G & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V B S G & CO. | Locked | Locked | Locked |
Complete auditor history for Asserts AI India Private Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Asserts AI India Private Limited
Asserts AI India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Acharya | Director | 06 Aug 2020 | 6 Years 1 Months | As last reported |
| Radhakrishnan Jankiraman | Director | 06 Aug 2020 | 6 Years 1 Months | As last reported |
| Devi Viswanthan Nandakumar | Director | 06 Aug 2020 | 6 Years 1 Months | As last reported |
| Thirupal Gorige Also directs: Thirupal Gorige & Associates LLP | Irp/Rp/Liquidator | 24 Apr 2025 | 1 Years 5 Months | As last reported |
Financials of Asserts AI India Private Limited FY 2024 filings available
Asserts AI India Private Limited reported revenue of ₹2.49 Cr (down 24.00% YoY) for FY 2024.
Ten-year financial statements for Asserts AI India Private Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asserts AI India
Shareholding and ownership data for Asserts AI India Private Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asserts AI India
Asserts AI India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Asserts AI India
Asserts AI India Private Limited has a workforce of 3 employees as of Apr 04, 2024.
Employee and EPFO history for Asserts AI India Private Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Asserts AI India
GST registrations and filing compliance for Asserts AI India Private Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Asserts AI India
Credit ratings, litigation, and regulatory alerts for Asserts AI India Private Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asserts AI India
MSME payment history for Asserts AI India Private Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asserts AI India
Corporate group structure for Asserts AI India Private Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asserts AI India
MCA filings and documents for Asserts AI India Private Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Asserts AI India
Frequently Asked Questions about Asserts AI India Private Limited
Asserts AI India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Asserts AI India is a company under liquidation, formerly operating as a foreign private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 06 August 2020 and is registered under CIN U72501KA2020FTC136925. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Asserts AI India reported revenue of ₹2.49 Cr for FY 2024 (down 24.00% YoY).
The current directors of Asserts AI India are:
- Manoj Acharya - Director
- Radhakrishnan Jankiraman - Director
- Devi Viswanthan Nandakumar - Director
- Thirupal Gorige - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Asserts AI India is U72501KA2020FTC136925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Asserts AI India is information technology. The company specifically operates in application development and software solutions.