About Cygnet Account Aggregation Private Limited
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Cygnet Account Aggregation Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the media aggregators and platforms segment of the media and publishing sector. It was incorporated on 17 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2020PTC112749. Its GSTIN is 24AAICC6455G1ZN (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.15 Cr. It is led by directors including Nitin Rameshchandra Kansara and Niraj Karnik Hutheesing.
Its last annual general meeting (AGM) was held on 20 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 502 Shilp Corporate Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.06 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr and EBITDA of -₹1.06 Cr. Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
The company is associated with 1 brand: Cygnet Account Aggregation. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.89 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cygnet-aa.com.
Company details
Contact details
Cygnet Account Aggregation Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cygnet-aa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice B – 502 Shilp Corporate Park, Rajpath – Rangoli Road, Ahmedabad, Gujarat, India – 380054
- IndustryMedia and Publishing, Media Aggregators & Platforms
To see the full contact details of Cygnet Account Aggregation Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Cygnet Account Aggregation operates one associated brand: Cygnet Account Aggregation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers an online platform for account aggregation solutions to financial institutions. | cygnet-aa.com |
Business activity
The main business activity of Cygnet Account Aggregation is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Cygnet Account Aggregation Private Limited
FY 2025 filings availableCygnet Account Aggregation Private Limited reported revenue of ₹19.06 Lakh (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over three years, including 26% growth in the latest year. EBITDA rose 22% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.06 Cr | ||||
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| Net Profit (PAT) | -₹1.19 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Cygnet Account Aggregation Private Limited, buy the company report.
Board of directors of Cygnet Account Aggregation Private Limited
Cygnet Account Aggregation has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Rameshchandra Kansara Also directs: Gramadhar Finserve Private Limited, Edunite Career Private Limited | Director | 04 Jun 2020 | 6 Years 4 Months | Current |
| Niraj Karnik Hutheesing Also directs: Swa Art and Craft LLP, Jpoxy Polymers LLP, Cygnet Enterprise Private Limited and 5 more | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Keval Niraj Hutheesing Also directs: Cygnet Infotech Private Limited | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Shilpi Sumankumar Thapar | Director | 26 Apr 2023 | 3 Years 6 Months | Current |
| Shail Pradipkumar Shah Also directs: Imark Advisors LLP, Suvidhaa Infoserve Limited | Director | 29 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Cygnet Account Aggregation Private Limited is audited by K C MEHTA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K C MEHTA & CO LLP | FY 2023 | 106237W/W100829 |
Shareholding
The shareholding of Cygnet Account Aggregation Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cygnet Account Aggregation Private Limited, buy the company report.
Deals & funding
Cygnet Account Aggregation Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.89 Cr; the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2023 | Funding round | ₹3.6 Cr | Investors: 2 individuals |
| Oct 2021 | Funding round | ₹2.29 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cygnet Account Aggregation Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cygnet Account Aggregation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cygnet Account Aggregation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICC6455G1ZN | Gujarat | Active | 19 Feb 2021 |
To see the full GST registrations and return filing status of Cygnet Account Aggregation Private Limited, buy the company report.
Recent activity
Cygnet Account Aggregation Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Shail Pradipkumar Shah was appointed as Director on 29 Nov 2024.
News
Frequently asked questions
Cygnet Account Aggregation is an active private limited company based in Ahmedabad, Gujarat, India. The company works in media aggregators and platforms, within the media and publishing industry. It was incorporated on 17 February 2020 (6+ years old) and is registered under CIN U67100GJ2020PTC112749.
Cygnet Account Aggregation has 5 current directors:
- Nitin Rameshchandra Kansara - Director
- Niraj Karnik Hutheesing - Director
- Keval Niraj Hutheesing - Director
- Shilpi Sumankumar Thapar - Director
- Shail Pradipkumar Shah - Director
The latest financial statements of Cygnet Account Aggregation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Cygnet Account Aggregation is 24AAICC6455G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Cygnet Account Aggregation is U67100GJ2020PTC112749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cygnet Account Aggregation was incorporated on 17 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cygnet Account Aggregation has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹5.89 Cr; the latest was in March 2024.
Shail Pradipkumar Shah was appointed as Director on 29 Nov 2024. Shilpi Sumankumar Thapar was appointed as Director on 26 Apr 2023. Nitin Rameshchandra Kansara was appointed as Director on 04 Jun 2020. Cygnet Account Aggregation has 5 board changes on record in total.
Cygnet Account Aggregation can be reached through the website cygnet-aa.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cygnet Account Aggregation is at Office B – 502 Shilp Corporate Park, Rajpath – Rangoli Road, Ahmedabad, Gujarat, India – 380054.
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