About Adaps
Adaps is a Financial Services company based in Geelong (Australia) founded in 1964. It provides IT services including development, consulting, and testing for various sectors. It operates on a B2B model in Financial Services and Business Services sectors. The company has 81 employees. Its website adaps.com.au draws about 681 thousand monthly visits. Its Indian entity Adaps It Private Limited reported revenue of ₹10.79 Cr. Adaps offers products and services including Application Development, Consulting, Testing, and Managed Services. Its focus areas include FinTech, Banking Tech, Core Banking and Technology. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA and 4 more; 4 of its 9 listed similar companies have raised funding.
Company details
Adaps is an Australian IT company established in 1964, offering services such as application development, modernization, automation, consulting, and testing. They focus on customer-centric solutions and support industries including banking, government, healthcare, insurance, and logistics. Based in East Melbourne, they emphasize innovation, quality, and streamlined processes to meet client needs effectively.
- Headquarters Geelong, Australia
- Employees 81
- SectorsFinancial ServicesBusiness Services
- Email••••••••
- Phone•••• ••••
- Website adaps.com.au
- Social LinkedIn X Instagram
- Legal Name Adaps It Private Limited
- Date of Incorporation 15 Dec, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹10.79 Cr
FY 2024 · -3% YoY
- Net Profit₹37.8 Lakh
FY 2024 · 4% margin
- EBITDA₹52.9 Lakh
FY 2024 · 5% margin
- Employee Count81
Associated legal entities of Adaps
Adaps operates through Adaps It 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 |
|---|---|---|---|---|---|---|---|
| Adaps It Private Limited CIN U74999TG2016PTC113439 | Active | 15 Dec 2016 | Hyderabad, Telangana | ₹10.8 Cr | 81 | 4 | View details |
Products & Services of Adaps
Adaps offers a comprehensive portfolio of products and services, including Application Development, Consulting, Testing, and Managed Services.
Service for creating custom IT applications
Advisory for digital strategies and business solutions
Ensures software reliability through comprehensive testing
Ongoing support for IT operations and maintenance
Board of directors of Adaps It Private Limited (Adaps)
Adaps It Private Limited is the primary company behind Adaps. The board of Adaps It Private Limited currently have 4 directors; the longest-serving is Srinivasa Subramanya Bhrama Anand Tatavarthi, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivasa Subramanya Bhrama Anand Tatavarthi DIN 07652557 | Director | 15 Dec 2016 | 9 yrs 10 mo | Adaps It Private Limited |
| Kashmeera Reddy Kunduru DIN 07950773 | Director | 26 Sep 2017 | 9 yrs | Adaps It Private Limited |
| Rajesh Reddy Solleti DIN 07637820 | Director | 29 May 2020 | 6 yrs 4 mo | Adaps It Private Limited |
| Murali Krishna Nelabhotla DIN 09577527 | Director | 22 Apr 2022 | 4 yrs 6 mo | Adaps It Private Limited |
People of Adaps
9 people are tracked at Adaps (2 in leadership, 7 in team); the tracked headcount is 81.
| Name | Role | Group |
|---|---|---|
| Chief Executive Officer | Leadership | |
| Finance Director | Leadership | |
Sangeeta Shankara Rajan | Finance Consultant- Strategy FPnA MIS Reporting | Team |
Anil Kumar Vaddi | Senior Consultant | Team |
Renuka(Renu) Reddy | Resourcing Consultant | Team |
Sarah Williams | Business Development | Team |
RaJ S | Business Manager | Team |
Sagar Bidave | Team Lead | Team |
Suzy s | Resourcing Consultant | Team |
Complete people profiles for Adaps
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- Full employee list
- Team structure
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Financials of Adaps
Figures of Adaps It Private Limited, the primary company behind Adaps, for FY 2024. Revenue was ₹10.79 Cr (-3% year on year). Net profit was ₹37.8 Lakh (4% margin). EBITDA was ₹52.9 Lakh (5% margin). Revenue has grown at a compounded annual rate of +29% over three years and +19% over five years.
- ₹10.79 CrRevenue · FY 2024 · -3% YoY
- ₹37.8 LakhNet profit · 4% margin
- ₹52.9 LakhEBITDA · 5% margin
- ₹10 LakhPaid-up capital
- 81Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Adaps It Private Limited are on its company page.
Detailed financial statements for Adaps
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
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Similar companies to Adaps
Adaps has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Adaps
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Adaps
The website of Adaps (adaps.com.au) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Adaps. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Adaps
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Adaps (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Adaps
Adaps was founded in 1964.
Adaps is headquartered in Geelong, Australia. It is registered at Geelong, Victoria, Australia.
Adaps has 81 employees.
The primary company behind Adaps, Adaps It Private Limited, reported revenue of ₹10.79 Cr for FY 2024, down 3% year on year.
Adaps is an Australian IT company established in 1964, offering services such as application development, modernization, automation, consulting, and testing. They focus on customer-centric solutions and support industries including banking, government, healthcare, insurance, and logistics. Based in East Melbourne, they emphasize innovation, quality, and streamlined processes to meet client needs effectively.
Adaps's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Adaps offers Application Development, Consulting, Testing, and Managed Services.
Adaps operates through Adaps It Private Limited.
The legal entities of Adaps currently have 4 directors, including Rajesh Reddy Solleti, Murali Krishna Nelabhotla, Kashmeera Reddy Kunduru and others.
The website of Adaps receives about 681 thousand visits a month.