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 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| 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
Confirmed- 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
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Kush Kaushik | 02951057 | Director | 17 Mar 2022 |
GST Registrations
Partial / conflicting| 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
Partial / conflicting- FY2024: 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
Confirmed- 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
Confirmed- 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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