Vay Network Services Private Limited

Vay Network Services Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials and compliance.
CIN U74999PN2016PTC165017 Incorporated 16 June 2016 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹153.07 Cr
▲ 27.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹6.95 Cr
Registered with MCA
Paid-up capital
₹3.05 Cr
Issued & subscribed
Open charges
₹60 Cr
Satisfied ₹68.5 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
223
Latest available

About Vay Network Services Private Limited

Data last updated: 06 January 2026

Vay Network Services Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 16 June 2016, the company has been in operation for over 10 years.

Registered with ROC Pune under CIN U74999PN2016PTC165017.

Capital: an authorised share capital of ₹6.95 Cr and a paid-up capital of ₹3.05 Cr. It is led by directors including Kannan Ramasamy and Manpreet Ratia.

Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2024. Office: Flat No. 6 Third Floor Shivkamal 1076/5 Vidya Vihar Colony Shivaji Nagar, Pune, Maharashtra, India – 411016.

As per the financials filed for FY 2024, the company reported a revenue of ₹153.07 Cr, a growth of 27% compared to the previous year.

The company has a workforce of approximately 223 employees as per the latest available data. Its group structure includes 3 subsidiaries.

The company is associated with 3 brands - Sahigst, Vayana, Vayana Tradexchange. As per MCA filings, the company has open charges of ₹60 Cr and satisfied charges of ₹68.5 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vayana.com.

Company Details of Vay Network Services Private Limited
CIN U74999PN2016PTC165017
Registration Number 165017
Incorporation Date 16 June 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Flat No. 6 Third Floor Shivkamal 1076/5 Vidya Vihar Colony Shivaji Nagar, Pune, Maharashtra, India – 411016
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Vay Network Services Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Vay Network Services Private Limited

Vay Network Services Private Limited operates multiple associated brands including SahiGST, Vayana, and Vayana TradeXchange. These brands represent Vay Network Services Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Cloud-based GST compliance and tax management solutions for businesses sahigst.com
Platform for trade credit and supply chain finance is provided. vayana.com
Online platform for trade financing vayanatradexchange.com

Competitors & Alternatives of Vay Network Services Private Limited

Brands and companies operating in the same space as Vay Network Services Private Limited include Avalara, IDnow, BitGo and 7 more.

Competitor Description Location Founded
Avalara Avalara Cloud-based tax compliance solutions are delivered for businesses worldwide. Seattle, United States, United States 2004
IDnow IDnow Automated and expert-led identity verification services are provided. Munich, Germany, Germany 2010
BitGo BitGo Crypto-based custody, trading, and lending services are provided to institutions. Palo Alto, United States, United States 2013
CredAble CredAble Provider of working capital and supply chain finance solutions for businesses Mumbai, India, India 2017
AuditBoard AuditBoard Cloud-based GRC and audit management solutions are provided. Cerritos, United States, United States 2014
Craft Craft Craft is recognized for providing supply chain resilience solutions. Francisco, United States, United States 2014
Parallel Markets Parallel Markets Software solutions for private market investors New York, United States, United States 2018
Alloy Alloy Identity decisioning platform is provided for banks and fintech firms. New York, United States, United States 2015
Feedzai Feedzai Cloud-based big data and fraud prevention solutions are offered. San Mateo, United States, United States 2011
NAVEX Global NAVEX Global Cloud-based ethics and compliance software is provided for risk management. Lake Oswego, United States, United States 2012

Business Activity of Vay Network Services Private Limited

Vay Network Services Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including management consultancy activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
M Professional, Scientific and Technical M3 Management consultancy activities Locked
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Auditor Details of Vay Network Services Private Limited

Vay Network Services Private Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Deloitte Haskins and Sells LLP Locked Locked Locked
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Board of Directors of Vay Network Services Private Limited

Vay Network Services Private Limited is currently managed by 4 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Kannan Ramasamy Director 03 Jun 2017 9 Years 1 Months Current
Manpreet Ratia Nominee Director 11 Nov 2020 5 Years 8 Months Current
Ramaswamy Narayanan Iyer Director 16 Jun 2016 10 Years 0 Months Current
Meenakshi Sundaram Nominee Director 03 Jul 2017 9 Years 0 Months Current

Financials of Vay Network Services Private Limited FY 2024 filings available

Vay Network Services Private Limited reported revenue of ₹153.07 Cr (up 27.00% YoY) for FY 2024.

Revenue · FY 2024
₹153.07 Cr ▲ 27.00%
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Ten-year financial statements for Vay Network Services Private Limited

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Ownership and Shareholding of Vay Network Services Private Limited

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Shareholding and ownership data for Vay Network Services Private Limited

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Group Structure of Vay Network Services Private Limited

Vay Network Services Private Limited has 3 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Vay Network Services Private Limited's business expansion strategy and organizational complexity.

3
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Vayana (Ifsc) Private Limited U67100GJ2022PTC132713 Locked
Hylobiz Challenger Private Limited U72900PN2022PTC207535 Locked
Rubix Data Sciences Private Limited U74999MH2017PTC301282 Locked

Showing major subsidiaries. Total: 3.

Charges & Borrowings of Vay Network Services Private Limited

Open charges
₹60 Cr
Satisfied charges
₹68.5 Cr
Breakdown by lending institutions
Others₹68.50 Cr
Latest charge details
DateLenderAmountStatus
16 Feb 2023 Others ₹60 Cr Satisfied
26 Aug 2020 Others ₹8.5 Cr Satisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Vay Network Services Private Limited

Vay Network Services Private Limited has a workforce of 223 employees as of Feb 19, 2025.

Employee count
223
Active EPFO establishments
1
Employee growth
-6.3%
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Employee and EPFO history for Vay Network Services Private Limited

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GST Compliance of Vay Network Services Private Limited

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GST registrations and filing compliance for Vay Network Services Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Vay Network Services Private Limited

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Credit ratings, litigation, and regulatory alerts for Vay Network Services Private Limited

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MSME Payment Delays by Vay Network Services Private Limited

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MSME payment history for Vay Network Services Private Limited

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Subsidiaries & Group Companies of Vay Network Services Private Limited

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Corporate group structure for Vay Network Services Private Limited

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MCA Filings & Documents of Vay Network Services Private Limited

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MCA filings and documents for Vay Network Services Private Limited

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Recent Activity on Vay Network Services Private Limited

Activity
29 Sep 2025
Vay Network Services Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
21 Aug 2025
A charge registered on 16 Feb 2023 via Charge ID 100714626 with Others was fully satisfied on 21 Aug 2025.
Directors
07 Jan 2025
Ruddhi Lalitkumar Deshpande was appointed as a Company Secretary on 07 Jan 2025 & has been associated with this company since 1 year 6 months.
Activity
31 Mar 2024
Vay Network Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
10 Oct 2023
A charge registered on 26 Aug 2020 via Charge ID 100375637 with Others was fully satisfied on 10 Oct 2023.
Charges
16 Feb 2023
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100714626 was registered on 16 Feb 2023.

Frequently Asked Questions about Vay Network Services Private Limited

Vay Network Services Private Limited is an active private limited company in the information technology sector based in Pune, Maharashtra, India. It was incorporated on 16 June 2016 (10+ years old) and is registered under CIN U74999PN2016PTC165017. The company has 223 employees.

Vay Network Services Private Limited reported revenue of ₹153.07 Cr for FY 2024 (up 27.00% YoY).

The current directors of Vay Network Services Private Limited are:

The primary industry of Vay Network Services Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

Yes, Vay Network Services Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Vay Network Services Private Limited can be reached at the registered office: Flat No. 6 Third Floor Shivkamal 10765 Vidya Vihar Colony Shivaji Nagar, Pune, Maharashtra, India – 411016, or through the website vayana.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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