About Cygnet Account Aggregation
Cygnet Account Aggregation is a Business Services company based in Ahmedabad (India) founded in 2020 by Niraj Hutheesing. It delivers an online platform for account aggregation solutions to financial institutions. It operates on a B2B model. Its Indian entity Cygnet Account Aggregation Private Limited reported revenue of ₹19.1 Lakh. Its focus areas include Finance, Fintech, Account Management and Aggregation Solutions.
Company details
Cygnet Account Aggregation, founded in 2020 in Ahmedabad, India, focuses on finance, fintech, account management, and aggregation solutions. Delivers an online platform for account aggregation solutions to financial institutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Ahmedabad, India
- Founders Niraj Hutheesing
- SectorsBusiness Services
- Website cygnet-aa.com
- Legal Name Cygnet Account Aggregation Private Limited
- Date of Incorporation 17 Feb, 2020
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹19.1 Lakh
FY 2025 · +26% YoY
- Net Loss-₹1.19 Cr
FY 2025 · -626% margin
- EBITDA-₹1.06 Cr
FY 2025 · -554% margin
Associated legal entities of Cygnet Account Aggregation
Cygnet Account Aggregation operates through Cygnet Account Aggregation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cygnet Account Aggregation Private Limited CIN U67100GJ2020PTC112749 | Active | 17 Feb 2020 | Ahmedabad, Gujarat | ₹0.2 Cr | 6 | View details |
Board of directors of Cygnet Account Aggregation Private Limited (Cygnet Account Aggregation)
Cygnet Account Aggregation Private Limited is the primary company behind Cygnet Account Aggregation. The board of Cygnet Account Aggregation Private Limited currently have 5 directors; the longest-serving is Niraj Karnik Hutheesing, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niraj Karnik Hutheesing DIN 00078587 | Director | 17 Feb 2020 | 6 yrs 8 mo | Cygnet Account Aggregation Private Limited |
| Keval Niraj Hutheesing DIN 08701484 | Director | 17 Feb 2020 | 6 yrs 8 mo | Cygnet Account Aggregation Private Limited |
| Nitin Rameshchandra Kansara DIN 08274886 | Director | 04 Jun 2020 | 6 yrs 4 mo | Cygnet Account Aggregation Private Limited |
| Shilpi Sumankumar Thapar DIN 00511871 | Director | 26 Apr 2023 | 3 yrs 6 mo | Cygnet Account Aggregation Private Limited |
| Shail Pradipkumar Shah DIN 06432640 | Director | 29 Nov 2024 | 1 yr 11 mo | Cygnet Account Aggregation Private Limited |
People of Cygnet Account Aggregation
1 people are tracked at Cygnet Account Aggregation (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, Managing Director | Leadership |
Complete people profiles for Cygnet Account Aggregation
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Financials of Cygnet Account Aggregation
Figures of Cygnet Account Aggregation Private Limited, the primary company behind Cygnet Account Aggregation, for FY 2025. Revenue was ₹19.1 Lakh (+26% year on year). Net loss was -₹1.19 Cr (-626% margin). EBITDA was -₹1.06 Cr (-554% margin). Revenue has grown at a compounded annual rate of +61% over three years.
- ₹19.1 LakhRevenue · FY 2025 · +26% YoY
- -₹1.19 CrNet loss · -626% margin
- -₹1.06 CrEBITDA · -554% margin
- ₹6.15 CrPaid-up capital
- +61%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Cygnet Account Aggregation Private Limited are on its company page.
Detailed financial statements for Cygnet Account Aggregation
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Frequently Asked Questions about Cygnet Account Aggregation
Cygnet Account Aggregation was founded in 2020.
Cygnet Account Aggregation is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Cygnet Account Aggregation, Cygnet Account Aggregation Private Limited, reported revenue of ₹19.1 Lakh for FY 2025, up 26% year on year.
Cygnet Account Aggregation, founded in 2020 in Ahmedabad, India, focuses on finance, fintech, account management, and aggregation solutions. Delivers an online platform for account aggregation solutions to financial institutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Cygnet Account Aggregation operates through Cygnet Account Aggregation Private Limited.
The legal entities of Cygnet Account Aggregation currently have 6 directors, including Nitin Rameshchandra Kansara, Niraj Karnik Hutheesing, Keval Niraj Hutheesing and others.