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ASCORB TECHNOLOGIES PRIVATE LIMITED

Ascorb Technologies Pvt Ltd (brand: Edmingle) is a Bengaluru-based, DPIIT-recognised edtech SaaS company providing a white-label learning management and course-delivery platform to educators and institutions.

ActiveUnlisted (Private Limited)RoC-Bangalore (Karnataka); previously RoC-Jaipur (Rajasthan) under old CIN
AI Overview Generating…

Ascorb Technologies Pvt Ltd, known by its brand Edmingle, is a DPIIT-recognised edtech SaaS company based in Bengaluru, founded in 2016. The company offers a white-label learning management system platform that serves educators, trainers, institutes, and corporates by facilitating online course creation, selling, and delivery. In FY2024-25, the company reported a revenue of ₹8.01 crore, reflecting a 50.27% increase year-over-year. Edmingle has raised approximately $1.3M to $1.37M in seed-stage funding, supported by investors like SucSEED Indovation and Indian Angel Network.

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Business Overview

  • Operates the "Edmingle" platform — a white-label SaaS learning management system (LMS) enabling educators, trainers, coaching institutes and corporates to create, sell and deliver online courses, run live classes, manage students and process payments.
  • Founded 2016
  • ~40-48 employees (2024-25)
  • DPIIT-recognised startup
  • HQ Bengaluru.

Sector & Classification

Computer related services / Other Computer Related Activities; NIC group 72 (per CIN prefix 72900). Sector: Information & Communication / edtech SaaS

Directors & Key Management

Gaurav Doshi
Director · DIN 07516842
Harshit Sharaff
Director · DIN 07645640
Gaurav Gulati
Nominee Director · DIN 02308392
Sandhya Vasudevan
Nominee Director · DIN 00372405
Directors — source notes

Gaurav Doshi (DIN 07516842) — Director/co-founder/shareholder; Harshit Sharaff (DIN 07645640) — Director/co-founder/shareholder; Gaurav Gulati (DIN 02308392) — Nominee Director; Sandhya Vasudevan (DIN 00372405) — Nominee Director. Third co-founder Danish Hakim is named in press profiles but not listed among current board directors. DINs per Tofler; nominee directors likely represent investors. Confirmed (Tofler + TheCompanyCheck + Falconebiz agree on names).

GST Registrations

Two active registrations (as of Nov 2025): 29AAPCA0002N1ZM — Karnataka (home/primary state, ties to registered office); 08AAPCA0002N1ZQ — Rajasthan (legacy state of original incorporation). PAN embedded: AAPCA0002N. #registrations: 2. Status: both Active. Source: web aggregation citing GST portal; GSTINs structurally valid (PAN-consistent) but not independently re-verified on an individual knowyourgst page (that page did not render live data).

Financials

AI Overview Generating…

Ascorb Technologies Private Limited reported a revenue of ₹8.01 crore for FY2024-25, marking a 50.27% increase from the previous year. FY2023-24 saw revenues of ₹5.33 crore, with a net profit margin of approximately 9.36% and an operating margin of about 14.54%.

AI-generated, may contain errors.

  • Standalone, no known subsidiaries. FY2024-25, year ended 31-Mar-2025: Revenue ₹8.01 Cr, +50.27% YoY, TheCompanyCheck / Inc42-Tracxn. FY2023-24, year ended 31-Mar-2024: Revenue ₹5.33 Cr, +68% YoY
  • Net profit margin ~9.36%, operating margin ~14.54%, debt-to-equity ~0.1, net worth down ~35.64% YoY, total assets down ~12.99%, ROE ~-29%, ROCE ~-30% (Tofler ratios).
  • Exact EBITDA / PAT / net worth / borrowings figures locked behind premium reports — not obtained.
  • Revenue figures confirmed (≥2 sources).
  • Ratio-based profitability partial (single source).

Funding History

  • Seed-stage. ~$1.3M–$1.37M raised across ~2 rounds
  • Latest round 23-Nov-2022. Investors: SucSEED Indovation and Indian Angel Network (IAN). Amounts from Crunchbase/Inc42/Tracxn aggregation — treat as approximate. Round-level detail, per-round amounts, not fully obtained.

Shareholding

  • Not obtained in detail, behind premium reports.
  • Held by co-founders Gaurav Doshi and Harshit Sharaff, listed as shareholders, plus institutional/angel investors, SucSEED Indovation, Indian Angel Network, represented via the two nominee directors.
  • Exact cap-table percentages: not obtained.

Competitive Landscape

  • Indian edtech / course-delivery & LMS SaaS peers: Classplus, large, well-funded, Teachmint (large), Graphy / Spayee, Unacademy-owned, mid-large, Exly, Indian, similar scale, and global players Kajabi, Thinkific and Teachable (larger, global).
  • Edmingle sits at the small/early-growth end (~₹8 Cr revenue) versus these peers.

Frequently Asked Questions

What does Ascorb Technologies Pvt Ltd do?

Ascorb Technologies Pvt Ltd, under the brand Edmingle, is a Bengaluru-based, DPIIT-recognised edtech SaaS company that provides a white-label learning management and course-delivery platform to educators and institutions.

What is the CIN of Ascorb Technologies Pvt Ltd?

The Corporate Identification Number (CIN) of Ascorb Technologies Pvt Ltd is U72900RJ2016PTC056485.

What are the GSTIN details of Ascorb Technologies Pvt Ltd?

The company has two active GST registrations: 29AAPCA0002N1ZM for Karnataka (primary state) and 08AAPCA0002N1ZQ for Rajasthan.

When was Ascorb Technologies Pvt Ltd incorporated?

Ascorb Technologies Pvt Ltd was incorporated in the year 2016.

Where is the registered office of Ascorb Technologies Pvt Ltd located?

The registered office of Ascorb Technologies Pvt Ltd is located at Edmingle, 2nd Floor, SRIT House, #113/1B, ITPL Main Road, Kundalahalli, Bangalore North, Karnataka 560037.

Sources

TheCompanyCheck (both CIN pages), Falconebiz, Tofler, Inc42/Edmingle, Tracxn (funding), Crunchbase (funding), web aggregation of GST portal (GSTINs), Indian Kanoon (legal — nil).

Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.