About Avaniko Technologies
Avaniko Technologies is a Retail company based in Chennai (India) founded in 2011 by Anand Kumar. It operates as an ERP solutions provider for SMBs in various industries worldwide. It operates on a B2B and SaaS model in Retail and Technology sectors. The company has 29 employees. Its Indian entity Avaniko Technologies Private Limited reported revenue of ₹10.42 Cr. Avaniko Technologies offers products and services including SAP Business One, SAP Business ByDesign, and Avaniko Cloud. Its focus areas include Consumer Goods, E-Commerce, Digital Operations and Information Technology. Its competitors include The Hackett Group, Shanghai Hande Information Technology, Forterro, Enprise and SynProSoft and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Avaniko is a global provider of SAP Business One and ERP solutions, specializing in digital transformation for small and midsize businesses. They offer customization, implementation, and integration services across sectors like retail, manufacturing, and automotive. Operating in over 20 countries including the USA, UK, and India, Avaniko helps automate business processes and enhance efficiency through tailored software. Their clients include family-owned businesses and global enterprises seeking intelligent enterprise solutions.
- Headquarters Chennai, India
- Employees 29
- Founders Anand Kumar
- SectorsRetailTechnology
- Website avaniko.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Avaniko Technologies Private Limited
- Date of Incorporation 13 May, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹10.42 Cr
FY 2024 · +32% YoY
- Net Profit₹95.5 Lakh
FY 2024 · 9% margin
- EBITDA₹1.49 Cr
FY 2024 · 14% margin
- Employee Count29
Associated legal entities of Avaniko Technologies
Avaniko Technologies operates through Avaniko Technologies 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 |
|---|---|---|---|---|---|---|---|
| Avaniko Technologies Private Limited CIN U72900TN2016PTC110365 | Active | 13 May 2016 | Chennai, Tamil Nadu | ₹10.4 Cr | 29 | 3 | View details |
Products & Services of Avaniko Technologies
Avaniko Technologies offers a comprehensive portfolio of products and services, including SAP Business One, SAP Business ByDesign, and Avaniko Cloud.
ERP system for managing business processes in small enterprises
Cloud-based ERP for midsize businesses handling operations
Platform for hosting and integrating business solutions
Apps and channels of Avaniko Technologies
its YouTube channel Avaniko + Avanue has 142K subscribers and 30 videos.
Videos from Avaniko Technologies
The most watched videos on Avaniko Technologies's YouTube channel, Avaniko + Avanue (142K subscribers). Click a video to play it here.
More on Avaniko + Avanue.
Board of directors of Avaniko Technologies Private Limited (Avaniko Technologies)
Avaniko Technologies Private Limited is the primary company behind Avaniko Technologies. The board of Avaniko Technologies Private Limited currently have 3 directors; the longest-serving is Nallappan Krishnamoorthy, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nallappan Krishnamoorthy DIN 07422225 | Director | 13 May 2016 | 10 yrs 5 mo | Avaniko Technologies Private Limited |
| Kaliaperumal Manimegalai DIN 07422231 | Director | 13 May 2016 | 10 yrs 5 mo | Avaniko Technologies Private Limited |
| Velmurugan Rajalakshmi DIN 07422237 | Director | 13 May 2016 | 10 yrs 5 mo | Avaniko Technologies Private Limited |
People of Avaniko Technologies
1 people are tracked at Avaniko Technologies (1 in leadership); the tracked headcount is 29.
| Name | Role | Group |
|---|---|---|
Anand Kumar | Founder, CFO | Leadership |
Complete people profiles for Avaniko Technologies
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Financials of Avaniko Technologies
Figures of Avaniko Technologies Private Limited, the primary company behind Avaniko Technologies, for FY 2024. Revenue was ₹10.42 Cr (+32% year on year). Net profit was ₹95.5 Lakh (9% margin). EBITDA was ₹1.49 Cr (14% margin). Revenue has grown at a compounded annual rate of +25% over three years and +34% over five years.
- ₹10.42 CrRevenue · FY 2024 · +32% YoY
- ₹95.5 LakhNet profit · 9% margin
- ₹1.49 CrEBITDA · 14% margin
- ₹80.5 LakhPaid-up capital
- 29Employees (provident fund records)
- +25%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Avaniko Technologies Private Limited are on its company page.
Detailed financial statements for Avaniko Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Avaniko Technologies
Avaniko Technologies has 9 listed competitors in our database, 3 of them funded. They include The Hackett Group, Shanghai Hande Information Technology, Forterro, Enprise and SynProSoft, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thehackettgroup.com | 1991 | Miami, United States | – | 447 | ERP consulting and advisory services are delivered to global clients. | |
| hand-china.com | 1996 | Shanghai, China | – | – | ERP consulting and implementation services are provided for multiple sectors. | |
| forterro.com | 2012 | Austin, United States | – | – | Provider of specialized software solutions for industrial businesses | |
| enprise.com | 2002 | Auckland, New Zealand | $2M | – | ERP implementation services for MYOB software are provided. | |
| synprosoft.com | 2006 | Chennai, India | $4.84M | 81 | A suite of IT services solutions is provided by SynProSoft. | |
| technvision.com | 1980 | Secunderabad, India | – | 126 | Next-generation enterprise software is innovated and incubated for business processes. | |
| dlsoftware.fr | 2003 | Paris, France | – | – | Developer of business management softwares | |
| b2bsoftech.com | 1994 | Hyderabad, India | – | 98 | Microsoft Dynamics ERP solutions and services are provided. | |
| ssagt.com | 2000 | Chicago, United States | $75M | – | Extended ERP solutions are provided for manufacturing and distribution sectors. |
Detailed competitors of Avaniko Technologies
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Web traffic of Avaniko Technologies
The website of Avaniko Technologies (avaniko.com) receives about 4.9K visits a month.
- Monthly visits4.9K
▼ 54% vs previous month
Top companies in Consumer Electronics E-Commerce
10 companies that operate in the same segment as Avaniko Technologies (Consumer Electronics E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore, Singapore, Singapore | USD 721.47 M | USD 22.94 B | 3,733 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Refurbished and new gadgets are offered through an online marketplace. | 2009 | Gurugram, Haryana, India | USD 130.05 M | USD 99.25 M | 1,264 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Multi-category consumer electronics are offered through an internet-first model. | 2010 | Beijing, Beijing, China | USD 1.45 B | USD 63.71 B | 26,571 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | USD 398.5 M | 1,632 | |
Smart notebooks are offered for digital sketching and note-taking. | 2013 | Oslo, Oslo, Norway | USD 15 M | – | 487 | |
Personal audio products, wearables, and mobile accessories are retailed. | 2016 | Gurugram, Haryana, India | USD 206 M | USD 366.28 M | 495 | |
Smartwatches and fitness trackers are provided for activity monitoring. | 2007 | San Francisco, California, United States | USD 65.05 M | USD 3.88 | – |
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Related news about Avaniko Technologies
Complete news archive for Avaniko Technologies
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Frequently Asked Questions about Avaniko Technologies
Avaniko Technologies was founded in 2011.
Avaniko Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Avaniko Technologies has 29 employees.
The primary company behind Avaniko Technologies, Avaniko Technologies Private Limited, reported revenue of ₹10.42 Cr for FY 2024, up 32% year on year.
Avaniko is a global provider of SAP Business One and ERP solutions, specializing in digital transformation for small and midsize businesses. They offer customization, implementation, and integration services across sectors like retail, manufacturing, and automotive. Operating in over 20 countries including the USA, UK, and India, Avaniko helps automate business processes and enhance efficiency through tailored software. Their clients include family-owned businesses and global enterprises seeking intelligent enterprise solutions.
Avaniko Technologies's top competitors include The Hackett Group, Shanghai Hande Information Technology and TechNVision Ventures.
Avaniko Technologies offers SAP Business One, SAP Business ByDesign, and Avaniko Cloud.
Avaniko Technologies operates through Avaniko Technologies Private Limited.
The legal entities of Avaniko Technologies currently have 3 directors, including Nallappan Krishnamoorthy, Kaliaperumal Manimegalai, Velmurugan Rajalakshmi.