Swin Technologies Private Limited

• Swin Technologies Private Limited is the Coimbatore (Tamil Nadu)-based Indian subsidiary/development-and-operations arm of TrusTrace, a Stockholm-headquartered, venture-backed supply-chain traceability and compliance SaaS company for the fashion, footwear and textile industries
• TrusTrace's own privacy policy (fetched from trustrace.com) identifies its legal entity as "Swin Technologies AB, a Swedish corporation, registration number 5559122-3796" — confirming Swin Technologies Private Limited (India) sits under this Swedish parent as the local operating/dev entity
• TrusTrace was founded in 2016 (matching the Indian entity's incorporation date) by Shameek Ghosh (CEO), Hrishikesh Rajan (Chief Growth Officer), Madhava Venkatesh (CTO) and Saravanan Parisutham (COO) — the shared "Parisutham" surname links to the Indian entity's directors (Palanisamy Parisutham, Parisutham Keerthi Abirami), consistent with a founder-family-linked Indian arm
• TrusTrace's platform automates supply-chain mapping, risk/due-diligence, regulatory compliance (incl. digital product passports) and traceability data collection for brands such as Asics, ASOS, Brooks Running, New Look and Kappahl, and employs 130+ staff across Sweden, India, the US, France and Germany
• DPIIT-recognized startup status noted by TheCompanyCheck
• Registered classification per Tofler: private company engaged in "Business Services."

• Absolute rupee figures are paywalled on both Tofler and TheCompanyCheck ("Pro subscription" required), so treated as NOT independently confirmed
• Percentage/ratio metrics for period ending March 2025 agree exactly across Tofler and TheCompanyCheck (2-source confirmed): Net Profit Margin 7.03%
• Return on Equity 7.53%
• Debt-to-Equity 0.18
• YoY changes — Total Revenue down 6.49%, EBITDA down 6.6%, Net Profit up 190.59%, Net Worth down 7.96%, Borrowings up 47.15%, Total Assets up 3.46%
• CONFLICT FLAGGED: a separate TheCompanyCheck fetch (same domain, different page rendering) additionally asserted "FY2024 Revenue: ₹33.88 Crore, 70% YoY growth" with a "31 December 2024" balance-sheet date — this contradicts the -6.49% YoY figure and the March fiscal-year-end used elsewhere on the same site, and could not be corroborated elsewhere
• treat that specific ₹33.88 Cr / +70% figure as unreliable/likely extraction error rather than a confirmed fact
• Standalone vs consolidated basis not specified by either source
• No charges/secured borrowings registered with RoC per both sources ("no registered charges" / "no charges or secured loans registered")

• No India-entity-specific funding rounds found (this is a wholly-owned operating subsidiary, not expected to raise separately)
• At the group/global level, TrusTrace (parent brand, legal entity Swin Technologies AB, Sweden) completed a $24 million growth investment in January 2024 led by Circularity Capital, with participation from FFG, Industrifonden, Backing Minds and FairPoint Capital (Source: trustrace.com/about-us)
• This is a GROUP-LEVEL funding fact, not confirmed to be booked into the Indian entity's own accounts — flagged to avoid entity-confusion

No charges or secured borrowings are registered against this company's assets.

• Parent/group entity: Swin Technologies AB, Sweden (corporate registration number 5559122-3796 per TrusTrace's own privacy policy) — operates globally under the "TrusTrace" brand
• TheCompanyCheck independently names the same parent ("Holding Company Relationship: Swin Technologies AB, Swedish entity"), giving 2-source confirmation of the parent linkage
• No other Indian group/related entities identified

• No litigation found
• Indian Kanoon search for "Swin Technologies Private Limited" returned no matching results

• TrusTrace (the brand this entity operates under) competes in the supply-chain traceability/ESG-compliance SaaS space against: 1) Worldfavor (Sweden — ESG/sustainability data platform, mid-scale), 2) Sourcemap (US — supply chain mapping/traceability, similar scale), 2) Higg Co / Worldly (US — apparel sustainability index & traceability, larger/more established), 4) Made2Flow (UK — supply chain traceability for fashion, early/growth stage), 5) Bureau Veritas / TrusTrace-adjacent compliance-audit players such as Sedex (UK — larger, broader supplier-compliance network), 6) Circulor (UK — traceability for automotive/battery/fashion supply chains, similar scale)
• Scale tags are rough/approximate, not sourced from financial filings