About Advution
Advution is a Technology company based in Mclean (United States). Advution provides application development and IT consulting services to businesses. It operates on a B2B model. The company has 1 employees. Its Indian entity Advution India Private Limited reported revenue of ₹82.6 Lakh. Its focus areas include IT Services, Consulting and Development and Application Solutions. Similar companies include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed similar companies has raised funding.
Company details
Advution operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, consulting and development, and application solutions. Advution provides application development and IT consulting services to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mclean, United States
- Employees 1
- SectorsTechnology
- Website advution.com
- Social X
- Legal Name Advution India Private Limited
- Date of Incorporation 11 Jun, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹82.6 Lakh
FY 2024 · -55% YoY
- Indian entity net loss-₹26.5 Lakh
FY 2024 · -32% margin
- Indian entity EBITDA-₹24.5 Lakh
FY 2024 · -30% margin
- Employee Count1
Associated legal entities of Advution
Advution operates through Advution 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 |
|---|---|---|---|---|---|---|---|
| Advution India Private Limited CIN U72900TN2020PTC135742 | Active | 11 Jun 2020 | Chennai, Tamil Nadu | ₹0.8 Cr | 1 | 2 | View details |
Board of directors of Advution India Private Limited (Advution)
Advution India Private Limited is the primary company behind Advution. The board of Advution India Private Limited currently have 2 directors; the longest-serving is Muralikrishna Subramaniam, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Muralikrishna Subramaniam DIN 08760184 | Director | 11 Jun 2020 | 6 yrs 4 mo | Advution India Private Limited |
| Usha Maniraman DIN 09385202 | Director | 02 Nov 2021 | 4 yrs 11 mo | Advution India Private Limited |
Financials of Advution
Figures of Advution India Private Limited, the primary company behind Advution, for FY 2024. Revenue was ₹82.6 Lakh (-55% year on year). Net loss was -₹26.5 Lakh (-32% margin). EBITDA was -₹24.5 Lakh (-30% margin). Revenue has grown at a compounded annual rate of +3% over three years.
- ₹82.6 LakhRevenue · FY 2024 · -55% YoY
- -₹26.5 LakhNet loss · -32% margin
- -₹24.5 LakhEBITDA · -30% margin
- ₹1 LakhPaid-up capital
- 1Employees (provident fund records)
- +3%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Advution India Private Limited are on its company page.
Detailed financial statements for Advution
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Advution
Advution has 3 listed similar companies in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed similar companies of Advution
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
3 companies that operate in the same segment as Advution (IT Services & Operations) in United States, 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 | 4,473 | |
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 |
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Frequently Asked Questions about Advution
Advution is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Advution has 1 employees.
The primary company behind Advution, Advution India Private Limited, reported revenue of ₹82.6 Lakh for FY 2024, down 55% year on year.
Advution operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, consulting and development, and application solutions. Advution provides application development and IT consulting services to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Advution operates through Advution India Private Limited.
The legal entities of Advution currently have 2 directors, including Muralikrishna Subramaniam, Usha Maniraman.