About Vsaas Innovations Private Limited
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Vsaas Innovations Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Copernicus Consulting Pte Ltd. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2016PTC109975. Its GSTIN is 33AAGCC4447G1ZU (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.07 Lakh. It was formerly known as Congruent It Services Private Limited. It is led by directors including Gaurav Latish Ahuja and Ghanshyam Laxmandas Ahuja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.16 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹47.3 Lakh (net margin -7.7%) and EBITDA of -₹37.96 Lakh (EBITDA margin -6.2%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 16% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Congruent Global. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.5 Lakh; the latest was in February 2018. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 5 smaller; the largest is Alaric Ventures Private Limited with revenue of ₹6.17 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website congruentglobal.com.
Company details
Contact details
Vsaas Innovations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is congruentglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRr Towers IV 7th Floor, Thiru VI Ka Industrial Estate SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vsaas Innovations 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
Vsaas Innovations operates one associated brand: Congruent Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development, cloud, and process automation services are offered. | congruentglobal.com |
Business activity
The main business activity of Vsaas Innovations 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 |
To see the full business activity and turnover split of Vsaas Innovations Private Limited, buy the company report.
Financials of Vsaas Innovations Private Limited
FY 2024 filings availableVsaas Innovations Private Limited reported revenue of ₹6.16 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 23% fall in the latest year. EBITDA fell 186% 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 | -₹37.96 Lakh | ||||
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| Net Profit (PAT) | -₹47.3 Lakh | ||||
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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 | -6.2% | ||||
| Net Profit Margin | -7.7% | ||||
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To see the full financial statements and ratios of Vsaas Innovations Private Limited, buy the company report.
Board of directors of Vsaas Innovations Private Limited
Vsaas Innovations has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyam Laxmandas Ahuja Also directs: Copernicus Consulting Private Limited | Nominee Director | 25 Aug 2021 | 5 Years 2 Months | Current |
| Neha Sandeep Gadkari Also directs: Copernicus Consulting Private Limited | Nominee Director | 25 Aug 2021 | 5 Years 2 Months | Current |
| Gaurav Latish Ahuja Also directs: Copernicus Consulting Private Limited | Director | 19 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Vsaas Innovations Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alaric Ventures Private Limited | ₹6.17 Cr (FY 2024) | 13.0% | Chandigarh, India | |||
| Codefire Technologies Private Limited | ₹6.16 Cr (FY 2024) | 30.0% | Noida, Uttar Pradesh, India | |||
| Vsaas Innovations Private Limitedthis company | ₹6.16 Cr (FY 2025) | -₹47.3 Lakh | -7.7% | -23.0% | 40 | Chennai, Tamil Nadu, India |
| Kautilyabharat Strategy Private Limited | ₹6.16 Cr (FY 2025) | 3.0% | Thane, Maharashtra, India | |||
| Techhubsoft Itsolutions Private Limited | ₹6.16 Cr (FY 2024) | 104.0% | Hyderabad, Telangana, India | |||
| Infologitech Systems Private Limited | ₹6.15 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Ec Infosolutions Private Limited | ₹6.15 Cr (FY 2024) | 36.0% | Pune, Maharashtra, India | |||
| Crafsol Technology Solutions Private Limited | ₹6.15 Cr (FY 2024) | -13.0% | Pune, Maharashtra, India |
To see the full peer comparison of Vsaas Innovations Private Limited, buy the company report.
Auditor
Vsaas Innovations Private Limited is audited by KPSN & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSN & Associates LLP | FY 2022 | S-200014 |
Shareholding
The shareholding of Vsaas Innovations 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 |
|---|---|---|---|---|---|
| Promoters | |||||
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| Others |
To see the full shareholding pattern of Vsaas Innovations Private Limited, buy the company report.
Deals & funding
Vsaas Innovations Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.5 Lakh; the latest was in February 2018.
Deals on record (2 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Funding round | ₹4.1 Lakh | Investors: Fulcrum Private Equity, 3 individuals |
| Jan 2017 | Funding round | ₹9.4 Lakh | Investors: Fulcrum Private Equity, an individual |
To see the full deal history of Vsaas Innovations Private Limited, buy the company report.
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 Vsaas Innovations 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 Vsaas Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vsaas Innovations Private Limited has a workforce of 40 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Vsaas Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCC4447G1ZU | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vsaas Innovations Private Limited, buy the company report.
Recent activity
Vsaas Innovations Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Gaurav Latish Ahuja ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Vsaas Innovations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 April 2016 (10+ years old) and is registered under CIN U72200TN2016PTC109975.
Vsaas Innovations has 3 current directors:
- Ghanshyam Laxmandas Ahuja - Nominee Director
- Neha Sandeep Gadkari - Nominee Director
- Gaurav Latish Ahuja - Director
The latest financial statements of Vsaas Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vsaas Innovations is 33AAGCC4447G1ZU, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vsaas Innovations is U72200TN2016PTC109975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vsaas Innovations was incorporated on 19 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
Vsaas Innovations has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.5 Lakh; the latest was in February 2018.
The peers of Vsaas Innovations by revenue are Alaric Ventures Private Limited, Codefire Technologies Private Limited, Kautilyabharat Strategy Private Limited, Techhubsoft Itsolutions Private Limited, Infologitech Systems Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Gaurav Latish Ahuja ceased to be Additional Director on 29 Sep 2025. Gaurav Latish Ahuja was appointed as Director on 19 Jun 2025. Balakrishnan Parthasarathy ceased to be Director on 31 Oct 2021. Vsaas Innovations has 8 board changes on record in total.
Vsaas Innovations can be reached through the website congruentglobal.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Vsaas Innovations is at Rr Towers IV 7th Floor, Thiru VI Ka Industrial Estate SIDCO Industrial Estate, Chennai, Tamil Nadu, India – 600032.
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