About AppShark
AppShark is a Business Services company based in Plano (United States) founded in 2007 by Rajanikanth Damera and Gopikrishna Vemuri, and was acquired by Cambridge Technology Enterprises in January 2024. The company has 75 employees. Its chief executive is Srinivas Gaddam. Its Indian entity Appshark Software Private Limited reported revenue of ₹9.00 Cr. Its focus areas include Digital Transformation Services and Salesforce Implementation.
Company details
Provider of salesforce consulting and digital transformation services. It specializes in consulting, implementation, integration, development, and staffing services related to salesforce. They have a strong reputation for delivering and practical solutions across multiple industries using agile methodologies and custom software development.
- Headquarters Plano, United States
- Employees 75
- Founders Rajanikanth Damera, Gopikrishna Vemuri
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Website appshark.com
- Social LinkedIn X Facebook YouTube
- Acquired by Cambridge Technology Enterprises (Jan 2024)
- Legal Name Appshark Software Private Limited
- Date of Incorporation 20 Sep, 2007
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹9.00 Cr
FY 2021 · -25% YoY
- Net Profit₹6.6 Lakh
FY 2021 · 1% margin
- EBITDA₹1.11 Cr
FY 2021 · 12% margin
- Investors
- Employee Count75
- Acquired byCambridge Technology Enterprises
(Jan 2024)
Associated legal entities of AppShark
AppShark operates through Appshark Software Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Appshark Software Private Limited CIN U72200TG2007PTC055628 | Active | 20 Sep 2007 | Hyderabad, Telangana | ₹9.0 Cr | 75 | 2 | View details |
Apps and channels of AppShark
its YouTube channel AppShark has 3 subscribers and 7 videos.
Videos from AppShark
The most watched videos on AppShark's YouTube channel, AppShark (3 subscribers). Click a video to play it here.
More on AppShark.
Investors in AppShark
AppShark has secured backing from 1 investor. Prominent investors backing the company include Cambridge Technology Enterprises.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI advisory and application development services are provided to clients. | 1999 | ctepl.com | Atlanta, United States |
Investor details for AppShark
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Appshark Software Private Limited (AppShark)
Appshark Software Private Limited is the primary company behind AppShark. The board of Appshark Software Private Limited currently have 2 directors; the longest-serving is Gopikrishna Venkata Vemuri, appointed in 2008. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopikrishna Venkata Vemuri DIN 02053128 | Director | 02 Mar 2008 | 18 yrs 7 mo | Appshark Software Private Limited |
| Srinivas Medepalli DIN 08727174 | Additional Director | 26 Sep 2023 | 3 yrs | Appshark Software Private Limited |
People of AppShark
21 people are tracked at AppShark (7 in leadership, 14 in team); the tracked headcount is 75.
| Name | Role | Group |
|---|---|---|
Rajanikanth Damera | Co-Founder | Leadership |
| Co-Founder & Managing Director | Leadership | |
| CEO | Leadership | |
Ed Jones ☁ | Vice President, Salesforce | Leadership |
Ramana Vemuri, PMP® | Delivery Head | Leadership |
Pavan KR Murthy | Vice President Of Sales | Leadership |
Siva Reddy | Custom Solutions Practice Director | Leadership |
Sukesh S | Customer Success Expert | Team |
Bala G | Senior Resource Manager | Team |
Pavan K. | Degy - Sales Cloud | Team |
Sandeep Gajjela | Account Executive | Team |
Donald Paul | Customer Success Expert | Team |
Prasanth Paidimarla | Customer Success Expert | Team |
Sateesh Kumar | Software Engineer | Team |
Rajashaker Erumalla | Manager-hr | Team |
Prem Kumar | Salesforce Developer/administrator | Team |
Sudhakar Reddy | Salesforce Developer | Team |
Rajesh Kurumati | Functional Consultant | Team |
Vamshi Reddy Alurwad | Associate Project Manager | Team |
Prateek Shinde | Senior Technical Lead | Team |
1 more people are available in the full profile.
Complete people profiles for AppShark
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of AppShark
Figures of Appshark Software Private Limited, the primary company behind AppShark, for FY 2021. Revenue was ₹9.00 Cr (-25% year on year). Net profit was ₹6.6 Lakh (1% margin). EBITDA was ₹1.11 Cr (12% margin). Revenue has grown at a compounded annual rate of -4% over three years and +2% over five years.
- ₹9.00 CrRevenue · FY 2021 · -25% YoY
- ₹6.6 LakhNet profit · 1% margin
- ₹1.11 CrEBITDA · 12% margin
- ₹2 LakhPaid-up capital
- 75Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Appshark Software Private Limited are on its company page.
Detailed financial statements for AppShark
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of AppShark
2 dated milestones of AppShark across 17 years, from founding to its latest funding, stage changes and deals.
- Founded AppShark is founded.
- Exit Acquired by Cambridge Technology Enterprises.
Web traffic of AppShark
The website of AppShark (appshark.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 139.4% vs previous month
Websites whose visitors overlap most with AppShark. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| commercient.com | 100% | 11.3K | #2,096,466 | View details |
Top companies in Digital Transformation & Automation Services
10 companies that operate in the same segment as AppShark (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | – | USD 11.22 B | 35,800 | |
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | – | 84 | |
Provider of end-to-end business process outsourcing services | 1997 | New York, New York, United States | – | USD 5.08 B | 140,000 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | Koto, Tokyo, Japan | – | USD 31.05 B | 197,780 |
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Frequently Asked Questions about AppShark
AppShark was founded in 2007.
AppShark is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Srinivas Gaddam is the current CEO of AppShark.
AppShark has 75 employees.
The primary company behind AppShark, Appshark Software Private Limited, reported revenue of ₹9.00 Cr for FY 2021, down 25% year on year.
Provider of salesforce consulting and digital transformation services. It specializes in consulting, implementation, integration, development, and staffing services related to salesforce. They have a strong reputation for delivering and practical solutions across multiple industries using agile methodologies and custom software development.
AppShark has 1 investor. Key investors include Cambridge Technology Enterprises.
AppShark operates through Appshark Software Private Limited.
Yes. AppShark was acquired by Cambridge Technology Enterprises in January 2024.
The legal entities of AppShark currently have 2 directors, including Gopikrishna Venkata Vemuri, Srinivas Medepalli.