Company Intelligence Profile
Riversys Technologies Private Limited
Riversys Technologies Pvt Ltd is the Indian legal entity behind Scrut Automation, an AI-driven GRC/security-compliance SaaS platform backed by Lightspeed and Endiya Partners.
Last updated 21 August 2026
Riversys Technologies Private Limited, incorporated in March 2020 and based in Delhi, is the Indian entity operating as Scrut Automation, an AI-powered governance, risk and compliance SaaS platform that automates security compliance, continuous cyber-risk monitoring, vendor risk management and audit readiness. The active, DPIIT-recognised company was founded by Aayush Ghosh Choudhury, Jayesh Gadewar and Kush Kaushik, and is backed by investors including Lightspeed and Endiya Partners.
Compiled from MCA filings and other public records. Figures may lag the latest filing; verify against the detailed sections below.
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Company Identity
| Registered name | Riversys Technologies Private Limited |
|---|---|
| CIN | U72900DL2020PTC362858 |
| PAN | AAKCR1346R |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 16 March 2020 per Tofler and TheCompanyCheck |
| ROC | RoC Delhi |
| Sector (NIC) | IT/ITES — NIC 72900 "Other computer related activities"; described elsewhere as IT consulting & support services |
| Registered address | 302, Plot No. 15, 3rd Floor, Kumar Tower, Wazirpur Industrial Area, Delhi, North West Delhi, Delhi – 110052 |
| Authorized capital | ₹23.6 lakh (₹2,360,000) — TheCompanyCheck |
| Paid-up capital | ₹21.23 lakh (₹2,123,180) — TheCompanyCheck |
Business Overview
- Riversys Technologies Pvt Ltd is the Indian legal entity operating as "Scrut Automation" (brand/domain scrut.io), an AI-powered Governance, Risk & Compliance (GRC) SaaS platform automating security compliance (SOC 2, ISO 27001, GDPR, HIPAA, PCI-DSS), continuous cyber-risk monitoring, vendor risk management, and audit readiness for SaaS/enterprise customers
- Founded 2020 by Aayush Ghosh Choudhury, Jayesh Gadewar and Kush Kaushik; headquartered internationally with the Indian entity based in Delhi
- DPIIT-recognized startup
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Kush Kaushik | 02951057 | Director | 17 Mar 2022 |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 07AAKCR1346R1ZR | Delhi | AAKCR1346R (derived from GSTIN 07AAKCR1346R1ZR; not independently confirmed from a PAN-specific source — partial) | - |
| 29AAKCR1346R1ZL | Karnataka | AAKCR1346R (derived from GSTIN 07AAKCR1346R1ZR; not independently confirmed from a PAN-specific source — partial) | - |
Primary/home-state GSTIN: 07AAKCR1346R1ZR (Delhi) — confirmed by 2 sources (Masters India, Piceapp). PAN implied: AAKCR1346R. An additional registration 29AAKCR1346R1ZL (Karnataka) appears on a third-party GST index (finanvo) — unconfirmed by a second source, so treated as partial. Total registration count and status of each: not obtained.
Financials
- Revenue ≈ ₹33.48 crore (reported 362% YoY growth). EBITDA, PAT and net worth: not disclosed by available free sources ("locked content"). Borrowings: not obtained. No consolidated financials found. Confidence: partial
Funding History
- Total funding ≈ $29.53M across 4 rounds: Seed $3.0M (02 Feb 2022, led by Lightspeed India Partners)
- Seed extension $7.5M (20 Feb 2023, Lightspeed India Partners + others; SiliconANGLE also reports this as $7.5M raise)
- Series A $9.03M (13 Feb 2024, Endiya Partners + others); further Private Equity round $10.0M (01 Apr 2024, Endiya Partners + others)
- Last known valuation ≈ $35.7M. Key investors: Lightspeed India Partners, Lightspeed Venture Partners, Endiya Partners, and others not individually named in available sources
Competitors
- Vanta (deep automation, US-based, large scale) · Drata (deep automation, strong audit-readiness) · Secureframe (service-depth focus) · Sprinto (lightweight/cost-effective, India-origin, comparable stage to Scrut) · Scytale · Anecdotes — all AI-assisted GRC/compliance-automation platforms competing on SOC 2/ISO 27001/GDPR/HIPAA/PCI-DSS coverage
- Scrut is positioned as a cost-effective, multi-framework, risk-first player with strong APAC presence, roughly comparable in scale to Sprinto and smaller than Vanta/Drata
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