Company Intelligence Profile
Cyllid Technologies Private Limited
Cyllid Technologies Pvt Ltd is the Bangalore-registered entity behind Skit.ai, an agentic AI platform for automating debt-collection conversations across voice, SMS, email and chat.
Last updated 4 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Cyllid Technologies
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Cyllid Technologies Private Limited |
|---|---|
| CIN | U72900KA2016PTC096928 |
| PAN | AAGCC6749K |
| Status | Active |
| Listing | Not listed (unlisted private limited company; no stock exchange listing found) |
| Incorporated | 04 October 2016 |
| ROC | Registrar of Companies, Karnataka |
| Sector (NIC) | Computer Related Services — "design and development services of software applications including customized and packaged software" |
| Registered address |
|
| Authorized capital | ₹21.8 lakh |
| Paid-up capital | ₹12.47 lakh |
Business Overview
Confirmed- Cyllid Technologies Private Limited is the Indian corporate entity behind the brand "Skit.ai" (formerly known as Vernacular.ai, rebranded ~2021)
- Registered business activity per Tofler: "Computer Related Services" — design and development of software applications (customized and packaged software)
- Per the company's own site (skit.ai) and thecompanycheck's brand tag, the product is an AI-native, agentic conversational AI platform originally built for voice/customer-conversation automation and today focused on AI-powered debt-collection automation (collections/recovery calls, SMS, email, chat) with claimed regulatory-compliance features (FDCPA/TCPA/Reg F)
- Skit.ai states "one billion conversations" processed, "$1B+ in accounts resolved," partnerships with "53,000+ creditors across 19+ debt types," and ~8 years of live deployments; founded 2016, pivoted to collections focus in 2019
- Company is DPIIT-recognised as a Startup
- Note: Skit.ai also operates a separate US entity, "Skit.ai USA Inc.," per the company's own about page — Cyllid Technologies Pvt Ltd is understood to be the India operating/holding entity; the exact legal relationship between the two entities was not independently confirmed from a registry filing
Directors
ConfirmedSix directors listed consistently across Tofler and thecompanycheck (as of their latest snapshot dates, mid-2026):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Sourabh Gupta | 07630017 | Director & Co-founder & CEO | - |
| Akshay Deshraj | 07369209 | Director & Co-founder & CTO | - |
| Ashish Gupta | 00521511 | Director | - |
| Vani Kola | 01827653 | Managing Director | - |
| Sashi Parvatha Reddi | 00658791 | Nominee Director | - |
| Rajiv Kuchhal | 02257381 | Nominee Director | - |
GSTIN
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAGCC6749K1Z1 | Karnataka | AAGCC6749K (Tofler) | - |
Primary GSTIN: 29AAGCC6749K1Z1 (Karnataka, state code 29) — sourced via aggregated GST-lookup search snippet referencing knowyourgst-style data; NOT independently opened on a dedicated GSTIN detail page (attempts to open direct knowyourgst/mastersindia GSTIN pages returned 404/500 errors), so treat as partial/unconfirmed pending a primary GSTIN-page check. PAN: AAGCC6749K (confirmed, 2 sources: Tofler + thecompanycheck). Home state: Karnataka (registered office state). Number of GST registrations: only one (Karnataka) identified; not confirmed as exhaustive — company could have additional state registrations not surfaced. GST status: "Regular" taxpayer per aggregated snippet; not independently verified on a GSTIN portal page.
Financials
Partial / conflictingTwo independent sources give overlapping but not identical figures — flagged as a source conflict:
- Tofler (FY2024, year ended Mar-2024): Revenue range "₹25–50 crore" band, with Total Revenue growth of 95.77% YoY, Networth growth 274.72% YoY, Total Assets growth 202.69% YoY. Exact EBITDA/PAT/net worth/borrowings figures are locked behind "Tofler Pro" paywall — not obtained.
- thecompanycheck (FY2025, year ended Mar-2025): Revenue ₹43.52 crore, +12% YoY growth. EBITDA and Net Profit "locked (premium access required)." Employee count 117 (as of Apr 2024).
Basis: appears to be standalone (India entity) financials; not explicitly labeled standalone vs consolidated by either source — treat as standalone/unconfirmed on that point. Borrowings: "No registered charges" reported by both Tofler and thecompanycheck (see charges section) — consistent with negligible/no long-term debt on record. Net worth and PAT in absolute rupee terms: not obtained (paywalled on both platforms).
Funding
Partial / conflictingAggregated from a multi-source search under the brand names "Vernacular.ai"/"Skit.ai" — NOT independently opened on a single primary source page, so confidence is moderate, not "confirmed":
- Total funding cited: ~$47.6 million across 5 rounds from ~86 investors.
- Series B: ~September 2021, $23 million, led by WestBridge Capital; participants reported as Kalaari Capital, Exfinity Ventures, and an AngelList syndicate.
- Series A: reported ~$5.1 million.
- A further/latest round: reported ~May 24, 2023, $16.7 million.
- Other investors named in aggregate snippets: SRI Capital.
Per task rules, Tracxn is usable only for round names — treat the specific dollar figures above as indicative/partial pending confirmation from a primary Tracxn/Crunchbase page. nominee directors on the Cyllid Technologies board (Vani Kola, Sashi Parvatha Reddi, Rajiv Kuchhal) are consistent with typical VC board-seat patterns matching some of the investor names above, but no primary source directly ties a specific nominee director to a specific fund in this fetch — flagged as an inference, not a confirmed fact.
Charges/Loans
Confirmed- No registered charges found
- Both Tofler ("no registered charges" per available records) and thecompanycheck ("Charges/Borrowings: None registered") independently report the same
Competitors
Partial / conflicting- TrueAccord (US) — established AI-driven consumer debt recovery platform, larger/more mature scale.
- Prodigal (US/India-founded, YC-backed) — AI platform for collections agent-assist and QA; direct comparable scale, actively markets head-to-head comparisons against Skit.ai.
- Katabat (US/UK) — collections software provider, comparable enterprise-scale peer.
- Domu AI — smaller/newer AI collections automation entrant.
- AInora — smaller/newer AI debt-collection platform.
Scale tags are rough/qualitative only; no verified revenue or funding comparison was obtained for these peers in this session.
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