About AES Biz
AES Biz is a Technology company based in Chennai (India). It offers application development, security testing, virtualization, and IT consulting services. It operates on a B2B model. Its Indian entity Aes Business Solutions Private Limited reported revenue of ₹3.3 Lakh. Its focus areas include Information Technology, Consulting Services and Application Development. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
AES Biz offers application development, security testing, virtualization, and it consulting services through leveraging cutting-edge technology, information technology, consulting services, and application development. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- SectorsTechnology
- Website aesbiz.com
- Social X
- Legal Name Aes Business Solutions Private Limited
- Date of Incorporation 22 Jul, 2013
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.3 Lakh
FY 2024 · -26% YoY
- Net Loss-₹1.3 Lakh
FY 2024 · -39% margin
- EBITDA-₹83,700
FY 2024 · -25% margin
Associated legal entities of AES Biz
AES Biz operates through Aes Business Solutions 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 |
|---|---|---|---|---|---|---|---|
| Aes Business Solutions Private Limited CIN U74900TN2013PTC092239 | Active | 22 Jul 2013 | Chennai, Tamil Nadu | ₹0.0 Cr | 2 | View details |
Board of directors of Aes Business Solutions Private Limited (AES Biz)
Aes Business Solutions Private Limited is the primary company behind AES Biz. The board of Aes Business Solutions Private Limited currently have 2 directors; the longest-serving is Kamalamma Parameswari Chinnaswamy, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamalamma Parameswari Chinnaswamy DIN 06614319 | Director | 22 Jul 2013 | 13 yrs 3 mo | Aes Business Solutions Private Limited |
| Ashok Maharaj Palukurthi DIN 06614302 | Director | 22 Jul 2013 | 13 yrs 3 mo | Aes Business Solutions Private Limited |
Financials of AES Biz
Figures of Aes Business Solutions Private Limited, the primary company behind AES Biz, for FY 2024. Revenue was ₹3.3 Lakh (-26% year on year). Net loss was -₹1.3 Lakh (-39% margin). EBITDA was -₹83,700 (-25% margin). Revenue has grown at a compounded annual rate of -28% over three years and -18% over five years.
- ₹3.3 LakhRevenue · FY 2024 · -26% YoY
- -₹1.3 LakhNet loss · -39% margin
- -₹83,700EBITDA · -25% margin
- ₹1 LakhPaid-up capital
- -28%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aes Business Solutions Private Limited are on its company page.
Detailed financial statements for AES Biz
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Competitors of AES Biz
AES Biz has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of AES Biz
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about AES Biz
AES Biz is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind AES Biz, Aes Business Solutions Private Limited, reported revenue of ₹3.3 Lakh for FY 2024, down 26% year on year.
AES Biz offers application development, security testing, virtualization, and it consulting services through leveraging cutting-edge technology, information technology, consulting services, and application development. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
AES Biz's top competitors include Happiest Minds and Datamatics.
AES Biz operates through Aes Business Solutions Private Limited.
The legal entities of AES Biz currently have 2 directors, including Kamalamma Parameswari Chinnaswamy, Ashok Maharaj Palukurthi.