Variance Edventures Private Limited - Due diligence report

A 360° intelligence report on Variance.Ai: trust score, financial health, credit view, compliance, directors, growth and distress signals - …

2018-09-20 Bangalore, Karnataka Active Unlisted
VE Variance Edventures Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Variance.Ai — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Variance.Ai is assessed as Low Risk with a Trust Score of 88/100. Variance.Ai is an active private limited indian non-government company incorporated in 2018, operating in the Business Outsourcing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 22 Jul 2026 from the latest processed filings. Variance Edventures Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 4 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HEMANTH 01234567 Director 01/04/2018 6 yrs Approved
GAGAN GOWDA RAMACHANDRA TUNGANI 01234567 Director 01/04/2018 6 yrs Approved
PAVAN KUMAR ASWATHA KUMAR 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +2.1x over 3 year(s).
Operating for 7 years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence89/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment92/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 8 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
03 Apr 2022
Director appointed
GAGAN GOWDA RAMACHANDRA TUNGANI (Director)
31 Dec 2020
Director appointed
HEMANTH (Director)
Director ceased
HEMANTH
Director ceased
PRATAP KUMAR CHIKKE GOWDA
20 Sep 2018
Incorporated
Registered with Roc Bangalore
Director appointed
PAVAN KUMAR ASWATHA KUMAR (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 3 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Tulipians Academy Private Limited U74900WB2013PTC199211 Kolkata, West Bengal, India
Hippo Cloud Technologies Private Limited U80309AP2018PTC107906 Visakhapatnam, Andhra Pradesh, India
Aspire Networks Private Limited U72900MH2010PTC209891 Thane, Maharashtra, India
J.S.Institute Of Banking And Finance Private Limited U85320KA2004PTC033496 Bengaluru, Karnataka, India
Kosco Indian Marinetime Private Limited U74999DL2016PTC291456 Kakrola, Delhi, India
Netalla Innovations Private Limited U74999TN2019PTC127272 Chennai, Tamil Nadu, India
Balamurugan Education Centre Global Private Limited U80903TZ2017PTC028602 Coimbatore South, Tamil Nadu, India
Khwaspuria Advisory Private Limited U74140DL2006PTC145913 Nd-13, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Variance.Ai before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Variance.Ai: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Variance.Ai - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Variance.Ai pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Variance.Ai - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Variance.Ai an active company?

Variance.Ai has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Variance.Ai financially healthy?

Variance.Ai has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Variance.Ai?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Variance.Ai?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Variance.Ai have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Variance.Ai up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Variance.Ai?

Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.