About Alternate It Services
Alternate It Services is a Technology company based in Noida (India) founded in 2018. It offers comprehensive IT services including support, maintenance, and security solutions. It operates on a B2B model. Its Indian entity Altsols It Services Private Limited reported revenue of ₹6.6 Lakh. Its focus areas include IT Services, Managed Services and Support and Security. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Alternate It Services, established in 2018, excels in leveraging cutting-edge technology, providing IT services, managed services, and support and security. Offers comprehensive IT services including support, maintenance, and security solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Noida, India
- SectorsTechnology
- Website altsols.com
- Legal Name Altsols It Services Private Limited
- Date of Incorporation 10 Nov, 2014
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹6.6 Lakh
FY 2019 · +4421% YoY
- Net Loss-₹1,340
FY 2019 · 0% margin
- EBITDA-₹1,340
FY 2019 · 0% margin
Associated legal entities of Alternate It Services
Alternate It Services operates through Altsols It Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Altsols It Services Private Limited CIN U72300UP2014PTC066918 | Active | 10 Nov 2014 | Noida, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Board of directors of Altsols It Services Private Limited (Alternate It Services)
Altsols It Services Private Limited is the primary company behind Alternate It Services. The board of Altsols It Services Private Limited currently have 2 directors; the longest-serving is Devendra Malik, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Devendra Malik DIN 00944346 | Director | 10 Nov 2014 | 11 yrs 11 mo | Altsols It Services Private Limited |
| Mayuri Borah DIN 05337979 | Director | 10 Nov 2014 | 11 yrs 11 mo | Altsols It Services Private Limited |
Financials of Alternate It Services
Figures of Altsols It Services Private Limited, the primary company behind Alternate It Services, for FY 2019. Revenue was ₹6.6 Lakh (+4421% year on year). Net loss was -₹1,340 (0% margin). EBITDA was -₹1,340 (0% margin). Revenue has grown at a compounded annual rate of +189% over three years.
- ₹6.6 LakhRevenue · FY 2019 · +4421% YoY
- -₹1,340Net loss · 0% margin
- -₹1,340EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- +189%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Altsols It Services Private Limited are on its company page.
Detailed financial statements for Alternate It Services
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Competitors of Alternate It Services
Alternate It Services 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 Alternate It Services
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Frequently Asked Questions about Alternate It Services
Alternate It Services was founded in 2018.
Alternate It Services is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Alternate It Services, Altsols It Services Private Limited, reported revenue of ₹6.6 Lakh for FY 2019, up 4421% year on year.
Alternate It Services, established in 2018, excels in leveraging cutting-edge technology, providing IT services, managed services, and support and security. Offers comprehensive IT services including support, maintenance, and security solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Alternate It Services's top competitors include Happiest Minds and Datamatics.
Alternate It Services operates through Altsols It Services Private Limited.
The legal entities of Alternate It Services currently have 2 directors, including Devendra Malik, Mayuri Borah.