About Advait Techserve
Advait Techserve is a company based in Mumbai (India) founded in 2004. It operates as a B2B and Outsourcing Services. The company has 312 employees. Advait Techserve offers products and services including Software Developers, Digital Marketing Analysts, Graphic Designers, and Financial Analysts. Advait Techserve operates in a competitive market with competitors including OutSolve, MM Hayes, AzzurroDigitale, tamigo and AamDhanE, among others.
- Headquarter Mumbai, India
- Employees 312
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website advaittechserve.in
- Social LinkedIn Facebook
- Legal Name Advait Techserve (India) Pvt Ltd
- Date of Incorporation 19 Jan, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹23.63 Cr
FY 2024 · -18% YoY
- Net Profit₹0.46 Cr
FY 2024 · 2% margin
- EBITDA₹1.40 Cr
FY 2024 · 6% margin
- Employee Count312
Associated legal entities of Advait Techserve
Advait Techserve operates through Advait Techserve (India) Pvt Ltd (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 |
|---|---|---|---|---|---|---|---|
| Advait Techserve (India) Pvt Ltd CIN U74140MH2006PTC159256 | Active | 19 Jan 2006 | Mumbai, Maharashtra | ₹23.6 Cr | 312 | 2 | View details |
Products & Services of Advait Techserve
Advait Techserve offers a comprehensive portfolio of products and services, including Software Developers, Digital Marketing Analysts, Graphic Designers, and Financial Analysts.
Offer remote expertise in software development and technology solutions
Provide SEO and social media strategies for business growth
Deliver visuals and brand identity for companies
Handle financial analysis and compliance tasks remotely
Board of directors of Advait Techserve (India) Pvt Ltd (Advait Techserve)
Advait Techserve (India) Pvt Ltd is the primary company behind Advait Techserve. The board of Advait Techserve (India) Pvt Ltd currently have 2 directors; the longest-serving is Ajay Baidyanath Verma, appointed in 2006. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Baidyanath Verma DIN 02135665 | Director | 25 Jan 2006 | 20 yrs 8 mo | Advait Techserve (India) Pvt Ltd |
| Binay Shankar Verma DIN 08478331 | Director | 12 Jun 2019 | 7 yrs 3 mo | Advait Techserve (India) Pvt Ltd |
People of Advait Techserve
1 people are tracked at Advait Techserve (1 in leadership); the tracked headcount is 312.
| Name | Role | Group |
|---|---|---|
| Founder and Managing Director | Leadership |
Complete people profiles for Advait Techserve
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Financials of Advait Techserve
Figures of Advait Techserve (India) Pvt Ltd, the primary company behind Advait Techserve, for FY 2024. Revenue was ₹23.63 Cr (-18% year on year). Net profit was ₹0.46 Cr (2% margin). EBITDA was ₹1.40 Cr (6% margin). Revenue has grown at a compounded annual rate of -5% over three years and -6% over five years.
- ₹23.63 CrRevenue · FY 2024 · -18% YoY
- ₹0.46 CrNet profit · 2% margin
- ₹1.40 CrEBITDA · 6% margin
- ₹0.05 CrPaid-up capital
- 312Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Advait Techserve (India) Pvt Ltd are on its company page.
Detailed financial statements for Advait Techserve
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Advait Techserve
Advait Techserve operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OutSolve, MM Hayes, AzzurroDigitale, tamigo and AamDhanE, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| outsolve.com | 1998 | Metairie, United States | $33.0M | – | Affirmative action planning and compliance services are offered to businesses. | |
| mmhayes.com | 1971 | Albany, United States | – | – | Provider of workforce management services | |
| azzurrodigitale.com | 2015 | Padua, Italy | $1.8M | – | Digital transformation and workforce management services are provided by AzzurroDigitale. | |
| tamigo.com | 2006 | Copenhagen, Denmark | $10.7M | 1 | Workforce scheduling and management are enabled through a cloud-based platform. | |
| aamdhane.com | 2021 | Hyderabad, India | $2.6M | 483 | Workforce planning services are provided by AamDhanE in India. |
Detailed competitors of Advait Techserve
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Similar companies to Advait Techserve
10 companies that operate in the same segment as Advait Techserve (Developer Ecosystem), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 202.25 M | – | – | |
Cloud-based feature management platform is utilized for software deployments. | 2014 | Oakland, California, United States | USD 330.3 M | – | – | |
Automatic builds, testing, and deployments are managed via self-service platform. | 2017 | San Francisco, California, United States | USD 653.79 M | – | 267 | |
OpenStack distribution and Kubernetes cluster management are facilitated across clouds. | 1993 | Raleigh, North Carolina, United States | – | – | – | |
Cloud based suite of devops solutions | 2008 | Sunnyvale, California, United States | USD 226.5 M | USD 531.84 M | 1,600 | |
Split is recognized for providing feature management solutions. | 2015 | Redwood City, California, United States | USD 108 M | – | – | |
Cloud-based software is provided for continuous integration and delivery management. | 2011 | San Francisco, California, United States | USD 312.5 M | – | 404 | |
Open-source business management software is developed with integrated modules. | 2005 | Louvain-la-neuve, Walloon Brabant, Belgium | USD 482.62 M | – | – | |
Cloud based open source platform offering docker suite | 2008 | Palo Alto, California, United States | USD 541.13 M | – | – | |
Low-code platform enables application development and deployment without coding. | 2001 | Linda-a-velha, Portugal | USD 802.95 M | USD 7.65 M | 88 |
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Frequently Asked Questions about Advait Techserve
Advait Techserve was founded in 2004.
Advait Techserve is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Advait Techserve has 312 employees.
The primary company behind Advait Techserve, Advait Techserve (India) Pvt Ltd, reported revenue of ₹23.63 Cr for FY 2024, down 18% year on year.
Advait specializes in offshore remote workforce management, helping companies build and manage teams in technology, marketing, design, finance, and back office support. They offer scalable solutions by onboarding professionals, ensuring compliance, and handling HR operations without local presence requirements. Based in Mumbai, India, Advait serves corporations and disruptors worldwide, focusing on cost reduction and talent retention through agile partnerships.
Advait Techserve's top competitors include AzzurroDigitale, OutSolve and tamigo.
Advait Techserve offers Software Developers, Digital Marketing Analysts, Graphic Designers, and Financial Analysts.
Advait Techserve operates through Advait Techserve (India) Pvt Ltd.
The legal entities of Advait Techserve currently have 2 directors, including Binay Shankar Verma, Ajay Baidyanath Verma.