About Bluecloud Services Private Limited
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Bluecloud Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2018PTC121987. Its GSTIN is 36AAQCA4677C1ZG (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.7 Cr. It was formerly known as Bluenet Technologies Private Limited. It is led by directors Raghav Beeram (Managing Director) and Praveen Ramineni.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.65 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 11.3%) and EBITDA of ₹2.77 Cr (EBITDA margin 20.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 44% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bluenet Technologies and Blue.cloud. The company has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹88.6 Lakh; the latest was in March 2022. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 4 smaller; the largest is Cloudbyte India Technologies Private Limited with revenue of ₹13.67 Cr.
For more details, the company can be reached via its website bluenettech.com.
Company details
Name history
Bluecloud Services has undergone 4 name changes throughout its history. The current legal name is Bluecloud Services Private Limited.
| Company Name | Status |
|---|---|
| Bluecloud Services Private Limited | Current |
| Bluenet Technologies Private Limited | Previous |
| Bluecloud Tech Services Private Limited | Previous |
| Areteglobal Technology Private Limited | Previous |
Contact details
Bluecloud Services Private Limited's registered office is in Hyderabad, Telangana. Its website is bluenettech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDivyasree Trinity 7th & 8th Floor Plot No 5 Hitec City Layout Survey Number 64 (Pa, Rt), Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bluecloud Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bluecloud Services operates two associated brands: Bluenet Technologies and Blue.cloud. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers a comprehensive suite of IT services to enhance daily business operations. | bluenettech.com | |
| A suite of IT service solutions is provided by Blue.cloud. | blue.cloud |
Business activity
The main business activity of Bluecloud Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bluecloud Services Private Limited, buy the company report.
Financials of Bluecloud Services Private Limited
FY 2025 filings availableBluecloud Services Private Limited reported revenue of ₹13.65 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 44%. EBITDA fell 40% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.77 Cr | ||||
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| Net Profit (PAT) | ₹1.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 20.3% | ||||
| Net Profit Margin | 11.3% | ||||
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To see the full financial statements and ratios of Bluecloud Services Private Limited, buy the company report.
Board of directors of Bluecloud Services Private Limited
Bluecloud Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Ramineni | Director | 04 Jan 2019 | 7 Years 9 Months | Current |
| Raghav Beeram | Managing Director | 18 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Bluecloud Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cloudbyte India Technologies Private Limited | ₹13.67 Cr (FY 2021) | 7.0% | Bangalore, Karnataka, India | |||
| Intellosol Softwares India Private Limited | ₹13.67 Cr (FY 2022) | 2.0% | New Delhi, Delhi, India | |||
| Soul Vision Creations Private Limited | ₹13.66 Cr (FY 2025) | -16.0% | Bangalore, Karnataka, India | |||
| N-Labs.Ai Private Limited | ₹13.66 Cr (FY 2025) | 208.0% | Hyderabad, Telangana, India | |||
| Laundryheap India Private Limited | ₹13.66 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Bluecloud Services Private Limitedthis company | ₹13.65 Cr (FY 2025) | ₹1.54 Cr | 11.3% | -47.0% | 115 | Hyderabad, Telangana, India |
| Axis Three Dee Studios Private Limited | ₹13.65 Cr (FY 2025) | 66.0% | Kolkata, West Bengal, India | |||
| Audify Tech Private Limited | ₹13.65 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India | |||
| Dataeaze Systems Private Limited | ₹13.64 Cr (FY 2025) | 34.0% | Pune, Maharashtra, India | |||
| Inncrewin Technologies Private Limited | ₹13.61 Cr (FY 2025) | -23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Bluecloud Services Private Limited, buy the company report.
Auditor
Bluecloud Services Private Limited is audited by SARATH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARATH AND ASSOCIATES | FY 2023 | 005120S |
Shareholding
The shareholding of Bluecloud Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Bluecloud Services Private Limited, buy the company report.
Deals & funding
Bluecloud Services Private Limited has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹88.6 Lakh; the latest was in March 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Bluecloud Services Inc Seller: an individual |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: Bluecloud Services Inc Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Bluecloud Services Inc & Praveen Ramineni, Bluecloud Services Inc Seller: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Bluecloud Services Inc Seller: Bluenet Technologies INC |
| Apr 2019 | Rights issue | ₹68.9 Lakh | Investors: 3 individuals |
To see the full deal history of Bluecloud Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Bluecloud Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bluecloud Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bluecloud Services Private Limited has a workforce of 115 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
GST
Bluecloud Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCA4677C1ZG | Telangana | Active | 23 Mar 2018 |
| 37AAQCA4677C1ZE | Andhra Pradesh | Active | 05 Jan 2022 |
To see the full GST registrations and return filing status of Bluecloud Services Private Limited, buy the company report.
Recent activity
Bluecloud Services Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Venkata Rajeswara Rao Ramineni ceased to be Director on 28 Feb 2022.
Frequently asked questions
Bluecloud Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 January 2018 (8+ years old) and is registered under CIN U72900TG2018PTC121987.
Bluecloud Services has 2 current directors:
- Raghav Beeram - Managing Director
- Praveen Ramineni - Director
The latest financial statements of Bluecloud Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bluecloud Services is 36AAQCA4677C1ZG, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAQCA4677C1ZE (Andhra Pradesh).
The CIN (Corporate Identification Number) of Bluecloud Services is U72900TG2018PTC121987. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluecloud Services was incorporated on 22 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bluecloud Services has 10 deals on record (7 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹88.6 Lakh; the latest was in March 2022.
The peers of Bluecloud Services by revenue are Cloudbyte India Technologies Private Limited, Intellosol Softwares India Private Limited, Soul Vision Creations Private Limited, N-Labs.Ai Private Limited, Laundryheap India Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Venkata Rajeswara Rao Ramineni ceased to be Director on 28 Feb 2022. Praveen Ramineni ceased to be Additional Director on 30 Sep 2019. Praveen Ramineni was appointed as Director on 04 Jan 2019. Bluecloud Services has 6 board changes on record in total.
Bluecloud Services can be reached through the website bluenettech.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Bluecloud Services is at Divyasree Trinity 7th & 8th Floor Plot No 5 Hitec City Layout Survey Number 64 Pa, Rt, Hyderabad, Telangana, India – 500081.