About AdvergoSolutions
AdvergoSolutions is a company based in Gurugram (India) founded in 2019. It operates as a B2B. AdvergoSolutions operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Gurugram, India
- SectorsTechnology
- Website advergosolutions.com
- Legal Name Advergo Multi Solutions Private Limited
- Date of Incorporation 10 Jan, 2017
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹25.9 Lakh
FY 2023 · +237% YoY
- Net Loss-₹80,713
FY 2023 · -3% margin
- EBITDA₹11,378
FY 2023 · 0% margin
Associated legal entities of AdvergoSolutions
AdvergoSolutions operates through Advergo Multi Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Advergo Multi Solutions Private Limited CIN U72900HR2017PTC067009 | Active | 10 Jan 2017 | Gurgaon, Haryana | ₹0.3 Cr | – | 2 | View details |
Board of directors of Advergo Multi Solutions Private Limited (AdvergoSolutions)
Advergo Multi Solutions Private Limited is the primary company behind AdvergoSolutions. The board of Advergo Multi Solutions Private Limited currently have 2 directors; the longest-serving is Kajodmal Sharma, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kajodmal Sharma DIN 07654429 | Director | 10 Jan 2017 | 9 yrs 9 mo | Advergo Multi Solutions Private Limited |
| Lakshmi Devi DIN 07654431 | Director | 10 Jan 2017 | 9 yrs 9 mo | Advergo Multi Solutions Private Limited |
Financials of AdvergoSolutions
Figures of Advergo Multi Solutions Private Limited, the primary company behind AdvergoSolutions, for FY 2023. Revenue was ₹25.9 Lakh (+237% year on year). Net loss was -₹80,713 (-3% margin). EBITDA was ₹11,378 (0% margin). Revenue has grown at a compounded annual rate of -21% over three years.
- ₹25.9 LakhRevenue · FY 2023 · +237% YoY
- -₹80,713Net loss · -3% margin
- ₹11,378EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- -21%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Advergo Multi Solutions Private Limited are on its company page.
Detailed financial statements for AdvergoSolutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of AdvergoSolutions
AdvergoSolutions 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 | $19.5M | 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. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| 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. | |
| 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 competitors of AdvergoSolutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to AdvergoSolutions
10 companies that operate in the same segment as AdvergoSolutions (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about AdvergoSolutions
AdvergoSolutions was founded in 2019.
AdvergoSolutions is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind AdvergoSolutions, Advergo Multi Solutions Private Limited, reported revenue of ₹25.9 Lakh for FY 2023, up 237% year on year.
AdvergoSolutions, based in Gurugram, focuses on leveraging cutting-edge technology, information technology, providing IT services, and business operations support. Delivers a comprehensive suite of IT services to enhance daily business operations. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
AdvergoSolutions's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
AdvergoSolutions operates through Advergo Multi Solutions Private Limited.
The legal entities of AdvergoSolutions currently have 2 directors, including Kajodmal Sharma, Lakshmi Devi.