About GSTRoot
GSTRoot is a company based in Delhi (India) founded in 2017 by Sandeep Kumar Verma and Sanjeev Kumar. It operates as a SaaS and B2B. GSTRoot offers products and services including GSTROOT Online Software, GSTROOT Offline Software, and GSTROOT Mobile App. GSTRoot operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter Delhi, India
- Founders Sandeep Kumar Verma, Sanjeev Kumar
- SectorsFinancial Services
- Email••••••••
- Website gstroot.com
- Social X Facebook
- Legal Name Nescant Info Systems Private Limited
- Date of Incorporation 10 Dec, 2012
- Jurisdiction Delhi, India
- Annual Revenue₹2.2 Lakh
FY 2023 · +2% YoY
- Net Profit₹46,577
FY 2023 · 21% margin
- EBITDA₹64,335
FY 2023 · 29% margin
Associated legal entities of GSTRoot
GSTRoot operates through Nescant Info Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nescant Info Systems Private Limited CIN U72200DL2012PTC245922 | Active | 10 Dec 2012 | Delhi, Delhi | ₹0.0 Cr | – | 2 | View details |
Products & Services of GSTRoot
GSTRoot offers a comprehensive portfolio of products and services, including GSTROOT Online Software, GSTROOT Offline Software, and GSTROOT Mobile App.
Web-based tool for GST invoicing and tax return filing.
Desktop application for managing GST compliance offline.
App for on-the-go inventory tracking and expense monitoring.
Board of directors of Nescant Info Systems Private Limited (GSTRoot)
Nescant Info Systems Private Limited is the primary company behind GSTRoot. The board of Nescant Info Systems Private Limited currently have 2 directors; the longest-serving is Sanjeev Kumar, appointed in 2012.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjeev Kumar DIN 06428779 | Director | 10 Dec 2012 | 13 yrs 10 mo | Nescant Info Systems Private Limited |
| Sandeep Kumar Verma DIN 03245000 | Director | 10 Dec 2012 | 13 yrs 10 mo | Nescant Info Systems Private Limited |
People of GSTRoot
2 people are tracked at GSTRoot (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for GSTRoot
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of GSTRoot
Figures of Nescant Info Systems Private Limited, the primary company behind GSTRoot, for FY 2023. Revenue was ₹2.2 Lakh (+2% year on year). Net profit was ₹46,577 (21% margin). EBITDA was ₹64,335 (29% margin). Revenue has grown at a compounded annual rate of -56% over three years and -32% over five years.
- ₹2.2 LakhRevenue · FY 2023 · +2% YoY
- ₹46,577Net profit · 21% margin
- ₹64,335EBITDA · 29% margin
- ₹1 LakhPaid-up capital
- -56%Revenue CAGR, 3 years
- -32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nescant Info Systems Private Limited are on its company page.
Detailed financial statements for GSTRoot
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of GSTRoot
GSTRoot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Visma, Clear, Wave and Xero, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| clear.in | 2011 | Bengaluru, India | $140.42M | – | Technology-enabled accounting and finance solutions are offered for SMBs. | |
| waveapps.com | 2010 | Toronto, Canada | $82.4M | – | Web-based accounting software is offered for business use. | |
| xero.com | 2006 | Wellington, New Zealand | – | 347 | Cloud-based accounting and payment management is offered for small businesses. | |
| freshbooks.com | 2003 | Toronto, Canada | $153.75M | 613 | Cloud-based invoicing and accounting software is offered for businesses. | |
| freeagent.com | 2007 | Edinburgh, United Kingdom | $21.89M | 264 | Cloud-based accounting software is provided for small businesses and freelancers. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. | |
| pennylane.com | 2020 | Paris, France | $237.4M | – | Cloud-based accounting and financial management solutions are provided for businesses. |
Detailed competitors of GSTRoot
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to GSTRoot
10 companies that operate in the same segment as GSTRoot (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 693 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 546.08 M | – | – | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, China | USD 1.98 B | – | – | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | – | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Frequently Asked Questions about GSTRoot
GSTRoot was founded in 2017.
GSTRoot is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind GSTRoot, Nescant Info Systems Private Limited, reported revenue of ₹2.2 Lakh for FY 2023, up 2% year on year.
GSTROOT is an accounting software designed to simplify GST-related tasks for businesses of all sizes, including retailers and corporates. It enables users to generate invoices as per GST rules, manage clients and inventories, track expenses, and file returns effortlessly. Available in online, offline, and mobile app formats, it ensures accessibility and ease of use. Based in Delhi, India, it helps businesses comply with tax regulations while managing accounting activities efficiently.
GSTRoot offers GSTROOT Online Software, GSTROOT Offline Software, and GSTROOT Mobile App.
GSTRoot operates through Nescant Info Systems Private Limited.
The legal entities of GSTRoot currently have 2 directors, including Sanjeev Kumar, Sandeep Kumar Verma.