About Affosoft Technologies
Affosoft Technologies is a Technology company based in Fremont (United States) founded in 2009 by Meenakshi Grandhi. It operates as a low-code platforms for CRM, ERP, and HR solutions are provided. Its chief executive is Meenakshi Grandhi. Its Indian entity Affosoft Technologies India Private Limited reported revenue of ₹83.1 Lakh. Its focus areas include Enterprise Applications, HRTech, HRMS and Suite. Similar companies include Workday, Kronos, SuccessFactors, Justworks and Airtable and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
Affosoft Technologies was established in 2009 in Fremont, United States, within the software sector. Low-code tools for business process management are supplied, supporting integration of systems, creation of dashboards, and sharing of data. Platforms for CRM, ERP, and HR functions are included, along with resources for strategy development and spreadsheet-based modeling. Operations focus on enabling efficient business workflows.
- Headquarters Fremont, United States
- Founders Meenakshi Grandhi
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website affosoft.com
- Social LinkedIn Facebook
- Legal Name Affosoft Technologies India Private Limited
- Date of Incorporation 18 Feb, 2011
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹83.1 Lakh
FY 2024 · -32% YoY
- Net Loss-₹35.6 Lakh
FY 2024 · -43% margin
- EBITDA-₹26.9 Lakh
FY 2024 · -32% margin
Associated legal entities of Affosoft Technologies
Affosoft Technologies operates through Affosoft Technologies 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 |
|---|---|---|---|---|---|---|---|
| Affosoft Technologies India Private Limited CIN U72200TG2011PTC072709 | Active | 18 Feb 2011 | Hyderabad, Telangana | ₹0.8 Cr | – | 3 | View details |
Board of directors of Affosoft Technologies India Private Limited (Affosoft Technologies)
Affosoft Technologies India Private Limited is the primary company behind Affosoft Technologies. The board of Affosoft Technologies India Private Limited currently have 3 directors; the longest-serving is Meenakshi Grandhi, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Meenakshi Grandhi DIN 03145702 | Director | 18 Feb 2011 | 15 yrs 8 mo | Affosoft Technologies India Private Limited |
| Venkata Ratna Sagar Grandhi DIN 03158286 | Director | 18 Feb 2011 | 15 yrs 8 mo | Affosoft Technologies India Private Limited |
| Aruna Kumari Arza DIN 09007135 | Director | 24 Dec 2020 | 5 yrs 9 mo | Affosoft Technologies India Private Limited |
People of Affosoft Technologies
1 people are tracked at Affosoft Technologies (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Affosoft Technologies
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Financials of Affosoft Technologies
Figures of Affosoft Technologies India Private Limited, the primary company behind Affosoft Technologies, for FY 2024. Revenue was ₹83.1 Lakh (-32% year on year). Net loss was -₹35.6 Lakh (-43% margin). EBITDA was -₹26.9 Lakh (-32% margin). Revenue has grown at a compounded annual rate of -10% over three years and +2% over five years.
- ₹83.1 LakhRevenue · FY 2024 · -32% YoY
- -₹35.6 LakhNet loss · -43% margin
- -₹26.9 LakhEBITDA · -32% margin
- ₹1 LakhPaid-up capital
- -10%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Affosoft Technologies India Private Limited are on its company page.
Detailed financial statements for Affosoft Technologies
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Similar companies to Affosoft Technologies
Affosoft Technologies has 9 listed similar companies in our database, 8 of them funded. They include Workday, Kronos, SuccessFactors, Justworks and Airtable, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. | |
| successfactors.com | 2001 | San Francisco, United States | $79.84M | 18,910 | Cloud-based human capital management software is delivered globally. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| airtable.com | 2013 | San Francisco, United States | $1.35B | 548 | Cloud and AI based low code workflow and app development platform | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. | |
| ceridian.com | 1992 | Minneapolis, United States | $150M | 1 | Cloud-based human capital management software is provided for enterprises. |
Detailed similar companies of Affosoft Technologies
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Affosoft Technologies (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Frequently Asked Questions about Affosoft Technologies
Affosoft Technologies was founded in 2009.
Affosoft Technologies is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Meenakshi Grandhi is the current CEO of Affosoft Technologies. They have also founded this company.
The primary company behind Affosoft Technologies, Affosoft Technologies India Private Limited, reported revenue of ₹83.1 Lakh for FY 2024, down 32% year on year.
Affosoft Technologies was established in 2009 in Fremont, United States, within the software sector. Low-code tools for business process management are supplied, supporting integration of systems, creation of dashboards, and sharing of data. Platforms for CRM, ERP, and HR functions are included, along with resources for strategy development and spreadsheet-based modeling. Operations focus on enabling efficient business workflows.
Affosoft Technologies's top competitors include Workday, SuccessFactors and Sage Group.
Affosoft Technologies operates through Affosoft Technologies India Private Limited.
The legal entities of Affosoft Technologies currently have 3 directors, including Aruna Kumari Arza, Meenakshi Grandhi, Venkata Ratna Sagar Grandhi.