About Diligent Governance Private Limited
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Diligent Governance Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Relational Security Corporation. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014FTC076493. Its GSTIN is 29AAHCR0353F1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Suresh Vydam Gopalakrishnarao and Adam Jeffrey Ginsberg.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.17 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹23.94 Cr (net margin 13.7%) and EBITDA of ₹37.16 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 49% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: We Galvanize. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2023. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Planview India Private Limited with revenue of ₹176.9 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wegalvanize.com.
Company details
Contact details
Diligent Governance Private Limited's registered office is in Bangalore, Karnataka. Its website is wegalvanize.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Flr Twr A Mantri Commercio Sy# 51/2 3 4 39/5 Devarabeesanahali Kariyammana Agrahara, Vlg Orr, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Diligent Governance 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
Diligent Governance operates one associated brand: We Galvanize. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software for security, risk management, compliance, and audit is provided. | wegalvanize.com |
Business activity
The main business activity of Diligent Governance is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Diligent Governance Private Limited, buy the company report.
Financials of Diligent Governance Private Limited
FY 2025 filings availableDiligent Governance Private Limited reported revenue of ₹174.17 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 96% growth in the latest year. EBITDA rose 132% 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 | ₹37.16 Cr | ||||
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| Net Profit (PAT) | ₹23.94 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 21.3% | ||||
| Net Profit Margin | 13.7% | ||||
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To see the full financial statements and ratios of Diligent Governance Private Limited, buy the company report.
Board of directors of Diligent Governance Private Limited
Diligent Governance has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Vydam Gopalakrishnarao | Director | 27 Aug 2020 | 6 Years 2 Months | Current |
| Adam Jeffrey Ginsberg | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Diligent Governance Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Planview India Private Limited | ₹176.9 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India | |||
| Simform Solutions Private Limited | ₹176.73 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Changepond Technologies Private Limited | ₹176.31 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Roku India Private Limited | ₹175.86 Cr (FY 2025) | 1569.0% | Bangalore, Karnataka, India | |||
| I - Net Secure Labs Private Limited | ₹175.33 Cr (FY 2025) | 239.0% | Chennai, Tamil Nadu, India | |||
| Diligent Governance Private Limitedthis company | ₹174.17 Cr (FY 2025) | ₹23.94 Cr | 13.7% | 96.0% | 223 | Bangalore, Karnataka, India |
| Dspace India Solutions Private Limited | ₹172.68 Cr (FY 2025) | 2.0% | Bangalore, Karnataka, India | |||
| Deltek Replicon Software (India) Private Limited | ₹172.37 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Ognam Technology Services Private Limited | ₹171.36 Cr (FY 2025) | 40.0% | Pune, Maharashtra, India | |||
| Dataction Analytics Private Limited | ₹170.84 Cr (FY 2025) | 56.0% | Pune, Maharashtra, India | |||
| Excelencia I Tech Consulting Private Limited | ₹169.11 Cr (FY 2024) | 133.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Diligent Governance Private Limited, buy the company report.
Auditor
Diligent Governance Private Limited is audited by VISHNU DAYA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA & CO LLP | FY 2023 | 008456S/S200092 |
Shareholding
The shareholding of Diligent Governance Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Diligent Governance Private Limited, buy the company report.
Deals & funding
Diligent Governance Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Diligent Corporation, Diligent Corporation & Sankara Narayanan Kannan Seller: Relational Security Corporation & Sankaranarayanan Kannan, Relational Security Corporation |
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 Diligent Governance 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
Diligent Governance Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hirepro Consulting Private Limited |
To see the full MSME payment records of Diligent Governance Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Diligent Governance Private Limited has a workforce of 223 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Diligent Governance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR0353F1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Diligent Governance Private Limited, buy the company report.
Recent activity
Diligent Governance Private Limited has 12 board changes on record since 2017: 2 appointments and 10 cessations. The latest: Adam Jeffrey Ginsberg ceased to be Additional Director on 14 Sep 2023.
3 earlier events are in the company report.
News
Frequently asked questions
Diligent Governance is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 September 2014 (12+ years old) and is registered under CIN U72200KA2014FTC076493.
Diligent Governance has 2 current directors:
- Suresh Vydam Gopalakrishnarao - Director
- Adam Jeffrey Ginsberg - Director
The latest financial statements of Diligent Governance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Diligent Governance is 29AAHCR0353F1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Diligent Governance is U72200KA2014FTC076493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diligent Governance was incorporated on 18 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Diligent Governance has 1 deal on record (1 secondary share transfer); the latest was in December 2023.
The peers of Diligent Governance by revenue are Planview India Private Limited, Simform Solutions Private Limited, Changepond Technologies Private Limited, Roku India Private Limited, I - Net Secure Labs Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Adam Jeffrey Ginsberg ceased to be Additional Director on 14 Sep 2023. Adam Jeffrey Ginsberg was appointed as Director on 27 Dec 2022. John Harrison Van Arsdale Iii ceased to be Additional Director on 14 Sep 2022. Diligent Governance has 12 board changes on record in total.
Diligent Governance has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 18 Jun 2019.
Diligent Governance can be reached through the website wegalvanize.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Diligent Governance is at 4th Flr Twr A Mantri Commercio Sy# 512 3 4 395 Devarabeesanahali Kariyammana Agrahara, Vlg Orr, Bangalore, Karnataka, India – 560103.