About Acesoft Labs
Acesoft Labs was a Technology company based in Bengaluru (India) founded in 2010. It offers IT staffing, managed services, and technology solutions for businesses. It operates on a B2B and Service-based model. The company has 86 employees. Its Indian entity Acesoft Labs (India) Private Limited reported revenue of ₹21.50 Cr. The company is recorded as dissolved. Acesoft Labs offers products and services including Staffing Services, IoT Services, Telecom Services, Healthcare Services, and Data Sciences Services. Its focus areas include Telecom, IT Services, Operational Excellence and IoT. Its competitors include Jobizo and BorderPlus; 2 of its 2 listed competitors have raised funding.
Company details
Acesoft Labs is a certified IT services company that delivers staffing, managed, and technology solutions through specialized labs in areas like IoT, telecom, healthcare, and data science. It operates by providing skilled resources and innovative tools to help clients achieve operational excellence. Based in Bangalore, India, with an office in the USA, the company serves various industries by addressing staffing challenges and enabling data-driven decisions.
- Headquarters Bengaluru, India
- Employees 86
- SectorsTechnology
- Email••••••••
- Website acesoftlabs.com
- Social LinkedIn X Facebook
- Legal Name Acesoft Labs (India) Private Limited
- Date of Incorporation 05 Jan, 2010
- Jurisdiction Karnataka, India
- Annual Revenue₹21.50 Cr
FY 2024 · +17% YoY
- Net Profit₹87.1 Lakh
FY 2024 · 4% margin
- EBITDA₹1.50 Cr
FY 2024 · 7% margin
- Employee Count86
Associated legal entities of Acesoft Labs
Acesoft Labs operates through Acesoft Labs (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Acesoft Labs (India) Private Limited CIN U72200KA2010PTC052070 | Active | 05 Jan 2010 | Bangalore, Karnataka | ₹21.5 Cr | 86 | 2 | View details |
Products & Services of Acesoft Labs
Acesoft Labs offers a comprehensive portfolio of products and services, including Staffing Services, IoT Services, Telecom Services, Healthcare Services, and Data Sciences Services.
Provides skilled resources to address customer staffing needs effectively.
Offers solutions for connected devices and future-ready applications.
Delivers IT support to enhance operational efficiency in telecom.
Manages business processes and infrastructure for healthcare industry.
Enables data-driven decisions across various business sectors.
Board of directors of Acesoft Labs (India) Private Limited (Acesoft Labs)
Acesoft Labs (India) Private Limited is the primary company behind Acesoft Labs. The board of Acesoft Labs (India) Private Limited currently have 2 directors; the longest-serving is Renuka Velamati, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Renuka Velamati DIN 02177513 | Managing Director | 17 Jul 2012 | 14 yrs 3 mo | Acesoft Labs (India) Private Limited |
| Brahmananda Chowdary Garapati DIN 01480478 | Director | 10 Jul 2017 | 9 yrs 3 mo | Acesoft Labs (India) Private Limited |
Financials of Acesoft Labs
Figures of Acesoft Labs (India) Private Limited, the primary company behind Acesoft Labs, for FY 2024. Revenue was ₹21.50 Cr (+17% year on year). Net profit was ₹87.1 Lakh (4% margin). EBITDA was ₹1.50 Cr (7% margin). Revenue has grown at a compounded annual rate of +913% over three years and +2% over five years.
- ₹21.50 CrRevenue · FY 2024 · +17% YoY
- ₹87.1 LakhNet profit · 4% margin
- ₹1.50 CrEBITDA · 7% margin
- ₹5.2 LakhPaid-up capital
- 86Employees (provident fund records)
- +913%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Acesoft Labs (India) Private Limited are on its company page.
Detailed financial statements for Acesoft Labs
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Competitors of Acesoft Labs
Acesoft Labs has 2 listed competitors in our database, 2 of them funded. They include Jobizo and BorderPlus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jobizo.com | 2020 | Gurugram, India | $1.93M | 71 | Healthcare recruitment services are provided to professionals and organizations. | |
| borderplus.co | 2025 | Mumbai, India | $7M | Provider of recruitment and support services for nurses in healthcare facilities |
Detailed competitors of Acesoft Labs
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Web traffic of Acesoft Labs
The website of Acesoft Labs (acesoftlabs.com) receives about 2K visits a month.
- Monthly visits2K
▼ 19.2% vs previous month
Top companies in Consumer Internet & IoT
3 companies that operate in the same segment as Acesoft Labs (Consumer Internet & IoT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment in technology sectors focusing on semiconductors, AI, and IoT. | 2015 | Delhi, Delhi, India | USD 115 M | 101 | ||
Technology solutions provider focusing on electronics, mobiles, and smart devices in India. | 2009 | Hyderabad, Telangana, India | USD 73.47 M | 61 | ||
Provides IoT solutions for smart lighting, asset management, and telecom software services. | 2012 | Chennai, Tamil Nadu, India | USD 1.13 M | 58 |
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Related news about Acesoft Labs
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Frequently Asked Questions about Acesoft Labs
Acesoft Labs was founded in 2010.
Acesoft Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Acesoft Labs has 86 employees.
The primary company behind Acesoft Labs, Acesoft Labs (India) Private Limited, reported revenue of ₹21.50 Cr for FY 2024, up 17% year on year.
Acesoft Labs is a certified IT services company that delivers staffing, managed, and technology solutions through specialized labs in areas like IoT, telecom, healthcare, and data science. It operates by providing skilled resources and innovative tools to help clients achieve operational excellence. Based in Bangalore, India, with an office in the USA, the company serves various industries by addressing staffing challenges and enabling data-driven decisions.
Acesoft Labs's top competitors include Jobizo and BorderPlus.
Acesoft Labs offers Staffing Services, IoT Services, Telecom Services, Healthcare Services, and Data Sciences Services.
Acesoft Labs operates through Acesoft Labs (India) Private Limited.
The legal entities of Acesoft Labs currently have 2 directors, including Renuka Velamati, Brahmananda Chowdary Garapati.