About Basware India Private Limited
Data last updated: 06 January 2026
Basware India Private Limited is a foreign private limited company based in Chandigarh, Chandigarh, India, a subsidiary of Basware Oy. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 10 July 2012, the company has been in operation for over 14 years.
Registered with ROC Chandigarh under CIN U72900CH2012FTC033907.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sanjeev Kumar and Martti Tapani Nurminen.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ground Floor Tower – A Dlf It Park, Chandigarh, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.67 Cr, a growth of 1% compared to the previous year.
The company has a workforce of approximately 446 employees as per the latest available data. It operates as a subsidiary of Basware Oy.
The company is associated with 1 brand - Basware.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website basware.com.
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Registered AddressGround Floor Tower – A Dlf It Park, Chandigarh, Chandigarh, India – 160101
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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 Basware India Private Limited
Basware India Private Limited operates one associated brand: Basware. These brands represent Basware India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Cloud and AI-based purchase-to-pay solutions are provided to businesses. | basware.com |
Competitors & Alternatives of Basware India Private Limited
Brands and companies operating in the same space as Basware India Private Limited include Coupa, Sage Group, Airbase and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Coupa
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Cloud-based end-to-end spend management software is delivered for businesses. | San Mateo, United States, United States | 2006 |
Sage Group
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Cloud-based accounting and payroll solutions for small and medium businesses | United States | 1981 |
Airbase
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Procure-to-pay management software is offered for business operations. | San Francisco, United States, United States | 2017 |
Emburse
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Corporate cards and expense management are offered to businesses. | San Francisco, United States, United States | 2002 |
Bizongo
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | Mumbai, India, India | 2015 |
Ivalua
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Procurement management solutions are delivered for business operations. | Redwood City, United States, United States | 2000 |
Procurify
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SaaS spend management software is used to automate procure-to-pay operations. | Vancouver, Canada, Canada | 2012 |
Tipalti
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Cloud-based procurement and invoice management solutions are offered to businesses. | Foster City, United States, United States | 2010 |
MineralTree
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Cloud-based accounts payable automation is delivered for businesses. | Cambridge, United States, United States | 2010 |
Corcentric
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Cloud-based procurement automation solutions are delivered to businesses worldwide. | Mclean, United States, United States | 1998 |
Business Activity of Basware India Private Limited
Basware India Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 Basware India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Basware India Private Limited
Basware India Private Limited is audited by S. R. BATLIBOI & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. R. BATLIBOI & Co. LLP | Locked | Locked | Locked |
Complete auditor history for Basware India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Basware India Private Limited
Basware India Private Limited is currently managed by 3 directors, with 13 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 |
|---|---|---|---|---|
| Sanjeev Kumar | Director | 23 Jan 2020 | 6 Years 5 Months | Current |
| Martti Tapani Nurminen | Director | 11 Mar 2020 | 6 Years 4 Months | Current |
| Jason Mark Kurtz | Director | 28 Mar 2024 | 2 Years 3 Months | Current |
Financials of Basware India Private Limited FY 2025 filings available
Basware India Private Limited reported revenue of ₹86.67 Cr (up 1.00% YoY) for FY 2025.
Ten-year financial statements for Basware India Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Basware India Private Limited
Shareholding and ownership data for Basware India Private Limited
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Charges & Borrowings Basware India Private Limited
Basware India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Basware India Private Limited
Basware India Private Limited has a workforce of 446 employees as of Apr 07, 2024.
Employee and EPFO history for Basware India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Basware India Private Limited
GST registrations and filing compliance for Basware India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Basware India Private Limited
Credit ratings, litigation, and regulatory alerts for Basware India Private Limited
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MSME Payment Delays by Basware India Private Limited
MSME payment history for Basware India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Basware India Private Limited
Corporate group structure for Basware India Private Limited
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MCA Filings & Documents of Basware India Private Limited
MCA filings and documents for Basware India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Basware India Private Limited
Frequently Asked Questions about Basware India Private Limited
Basware India Private Limited is an active foreign private limited company in the information technology sector based in Chandigarh, Chandigarh, India. It was incorporated on 10 July 2012 (14+ years old) and is registered under CIN U72900CH2012FTC033907. The company has 446 employees.
Basware India Private Limited reported revenue of ₹86.67 Cr for FY 2025 (up 1.00% YoY).
The current directors of Basware India Private Limited are:
- Sanjeev Kumar - Director
- Martti Tapani Nurminen - Director
- Jason Mark Kurtz - Director
The primary industry of Basware India Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Basware India Private Limited can be reached at the registered office: Ground Floor Tower – A Dlf It Park, Chandigarh, Chandigarh, India – 160101, or through the website basware.com.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.