About Suvit
Suvit is a Technology company based in Surat (India) founded in 2021 by Ankit Virani, and was acquired by Vyapar in November 2025. AI-powered SaaS solutions for accounting automation are offered. Suvit has raised $600.93 thousand across 3 funding rounds from investors including Vyapar, Ishwarbhai Ramjibhai Jivani and Sandipkumar Dhanjibhai Mayani. The company has 46 employees. Its website suvit.io draws about 228 thousand monthly visits. Its Indian entity Suvit Fintech Private Limited reported revenue of ₹7.19 Cr. Suvit offers products and services including Data Entry Automation, Document Management, Report & Analytics, GST Reconciliation, and Client Management. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite.
Company details
Suvit was founded in 2021 in Surat, India, within the finance and accounting sector. AI-driven software is supplied for tax professionals, where data entry, document management, report generation, GST reconciliation, and client management are automated. Integration with accounting programs is enabled through a centralized platform, supported by secure storage, mobile access, and analytics features. A subscription-based pricing model is employed for operations.
- Headquarters Surat, India
- Employees 46
- Founders Ankit Virani
- Stage Acquired
- SectorsTechnology
- Website category Law and Government · Government
- Email••••••••
- Phone•••• ••••
- Website suvit.io
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Vyapar (Nov 2025)
- Legal Name Suvit Fintech Private Limited
- Date of Incorporation 23 Feb, 2022
- Jurisdiction Surat, Gujarat, India
Associated legal entities of Suvit
Suvit operates through Suvit Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Suvit Fintech Private Limited CIN U72900GJ2022PTC129610 | Active | 23 Feb 2022 | Surat, Gujarat | ₹7.2 Cr | 13 | 2 | View details |
Products & Services of Suvit
Suvit offers a comprehensive portfolio of products and services, including Data Entry Automation, Document Management, Report & Analytics, GST Reconciliation, and Client Management.
Automates data extraction from Excel and PDF for accurate entry.
Organizes and stores client documents for easy access anytime.
Provides in-depth business tracking and KPI alerts via mobile.
Automates mapping and reconciliation of GST data to identify errors.
Manages client accounts and roles for secure document sharing.
Apps and channels of Suvit
its YouTube channel Suvit has 3.21K subscribers and 30 videos.
Videos from Suvit
The most watched videos on Suvit's YouTube channel, Suvit (3.21K subscribers). Click a video to play it here.
More on Suvit.
Funding Insights of Suvit
Suvit has successfully raised a total of $600.93K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $539.1 thousand completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $600,931
- Total Rounds 3
- Last Round Seed — $539,100
- First Round $61,831
(Jan 2023)
- Investors Count 6
All 3 funding rounds of Suvit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $539,100 | Seed | – | Vyapar | – |
| Sep 2023 | Angel Round | – | Ishwarbhai Ramjibhai Jivani | ||
| Jan 2023 | $61,831 | Angel Round | – | Grishma Bhumin Vithani |
6 investors in total: 1 institutional and 5 angel.
Investors in Suvit
Suvit has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Vyapar, Ishwarbhai Ramjibhai Jivani and Sandipkumar Dhanjibhai Mayani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based invoicing and inventory tools for small businesses are provided. | 2016 | vyaparapp.in | Bengaluru, India | |
IR Ishwarbhai Ramjibhai Jivani | unknown_d375c30f26d34e38b | |||
SD Sandipkumar Dhanjibhai Mayani | unknown_e0e8a2cddfd34343a | |||
GB Grishma Bhumin Vithani | unknown_9f010f633d1e4e8da | |||
JM Jagruti Mehulkumar Koshiya | unknown_82efa8aba22a4ad28 | |||
DN Dhara Niravkumar Koshiya | unknown_3a3858b8169348d3b |
Investor details for Suvit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Suvit Fintech Private Limited (Suvit)
Suvit Fintech Private Limited is the primary company behind Suvit. The board of Suvit Fintech Private Limited currently have 2 directors; the longest-serving is Ankit Jamanbhai Virani, appointed in 2022. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Jamanbhai Virani DIN 07671403 | Director | 23 Feb 2022 | 4 yrs 8 mo | Suvit Fintech Private Limited |
| Sumit Agarwal DIN 08080569 | Director | 02 Sep 2024 | 2 yrs 2 mo | Suvit Fintech Private Limited |
People of Suvit
5 people are tracked at Suvit (2 in leadership, 3 in team); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Jayant Kulkarni | Head Of Quality | Leadership |
Team | Marketing | Team |
Swapnil Singh | Growth Specialist | Team |
Khyati Sonigra | Growth Specialist | Team |
Complete people profiles for Suvit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Suvit
Figures of Suvit Fintech Private Limited, the primary company behind Suvit, for FY 2026. Revenue was ₹7.19 Cr (+112% year on year). Net loss was -₹4.96 Cr (-77% margin). EBITDA was -₹4.84 Cr (-75% margin). Revenue has grown at a compounded annual rate of +86% over three years and 0% over five years.
- ₹7.19 CrRevenue · FY 2026 · +112% YoY
- -₹4.96 CrNet loss · -77% margin
- -₹4.84 CrEBITDA · -75% margin
- ₹1.4 LakhPaid-up capital
- 13Employees (provident fund records)
- +86%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Suvit Fintech Private Limited are on its company page.
Detailed financial statements for Suvit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Suvit
4 dated milestones of Suvit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Suvit is founded.
- Funding First funding round of $62K.
- Funding Latest funding round, Seed, of $539K.
- Exit Acquired by Vyapar.
Web traffic of Suvit
The website of Suvit (suvit.io) receives about 228.1K visits a month and ranks #155,777 among all websites worldwide, #5,168 in Government.
- Monthly visits228.1K
▲ 13% vs previous month
- Unique visitors46.7K
per month
- Global rank#155,777
among all websites
- Category rank#5,168
Law and Government · Government
- Bounce rate37%
- Pages per visit7.1
- Average visit5 min 50 sec
- DevicesDesktop 71% · Mobile 29%
Websites whose visitors overlap most with Suvit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
gst.gov.in | gst.gov.in | 100% | #636 | – | |
ewaybillgst.gov.in | ewaybillgst.gov.in | 95% | #3,309 | – | |
| mca.gov.in | 94% | 4.5M | #8,360 | View details | |
tdscpc.gov.in | tdscpc.gov.in | 89% | #15,939 | – | |
| expressgst.com | 81% | 61.9K | #330,336 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Suvit
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- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Suvit
Complete news archive for Suvit
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Frequently Asked Questions about Suvit
Suvit was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Suvit is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Suvit is a funded company, having raised a total of $600.93K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $61.83K, raised on Jan 2023.
Suvit has 46 employees.
The primary company behind Suvit, Suvit Fintech Private Limited, reported revenue of ₹7.19 Cr for FY 2026, up 112% year on year.
Suvit was founded in 2021 in Surat, India, within the finance and accounting sector. AI-driven software is supplied for tax professionals, where data entry, document management, report generation, GST reconciliation, and client management are automated. Integration with accounting programs is enabled through a centralized platform, supported by secure storage, mobile access, and analytics features. A subscription-based pricing model is employed for operations.
Suvit offers Data Entry Automation, Document Management, Report & Analytics, GST Reconciliation, and Client Management.
Suvit has 6 investors. Key investors include Vyapar, Ishwarbhai Ramjibhai Jivani, Sandipkumar Dhanjibhai Mayani, Grishma Bhumin Vithani, and Jagruti Mehulkumar Koshiya.
Suvit operates through Suvit Fintech Private Limited.
Yes. Suvit was acquired by Vyapar in November 2025.
The legal entities of Suvit currently have 2 directors, including Ankit Jamanbhai Virani, Sumit Agarwal.
The website of Suvit receives about 228 thousand visits a month and ranks #155,777 among all websites worldwide.