About Avesta Technologies
Avesta Technologies is a Technology company based in Ahmedabad (India) founded in 2012. It provides consulting and development for cloud applications using DevOps techniques. It operates on a B2B and SaaS model. Its Indian entity Avesta Technologies Private Limited reported revenue of ₹15.40 Cr. Avesta Technologies offers products and services including Product Strategy Services, Software Engineering, and Product Design Services. Its focus areas include Industrial, IoT, Platform and Machinery. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 4 of its 9 listed similar companies have raised funding.
Company details
Avesta Technologies specializes in modern application development, helping enterprises design, build, and run scalable cloud applications with agile practices and open-source technologies. They offer services like product strategy, software engineering, and application modernization. Based in Ahmedabad, India, they serve sectors including education, industrial IoT, sales automation, social media, and real estate, focusing on cost-effective digital solutions.
- Headquarters Ahmedabad, India
- SectorsTechnology
- Email••••••••
- Website avestatechnologies.com
- Social LinkedIn X
- Legal Name Avesta Technologies Private Limited
- Date of Incorporation 12 Jun, 2023
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹15.40 Cr
FY 2025 · +227% YoY
- Net Profit₹3.62 Cr
FY 2025 · 24% margin
- EBITDA₹5.06 Cr
FY 2025 · 33% margin
Associated legal entities of Avesta Technologies
Avesta Technologies operates through Avesta Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avesta Technologies Private Limited CIN U62013GJ2023PTC142157 | Active | 12 Jun 2023 | Ahmedabad, Gujarat | ₹15.4 Cr | – | 2 | View details |
Products & Services of Avesta Technologies
Avesta Technologies offers a comprehensive portfolio of products and services, including Product Strategy Services, Software Engineering, and Product Design Services.
Strategic planning for digital product roadmaps and risk management.
Building robust and scalable cloud applications with modern tech.
Creating cost-effective and user-friendly platform architectures.
Board of directors of Avesta Technologies Private Limited (Avesta Technologies)
Avesta Technologies Private Limited is the primary company behind Avesta Technologies. The board of Avesta Technologies Private Limited currently have 2 directors; the longest-serving is Mahiyar Keki Dastur, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahiyar Keki Dastur DIN 10203552 | Director | 12 Jun 2023 | 3 yrs 4 mo | Avesta Technologies Private Limited |
| Sanober Cavas Bomanji DIN 10203553 | Director | 12 Jun 2023 | 3 yrs 4 mo | Avesta Technologies Private Limited |
Financials of Avesta Technologies
Figures of Avesta Technologies Private Limited, the primary company behind Avesta Technologies, for FY 2025. Revenue was ₹15.40 Cr (+227% year on year). Net profit was ₹3.62 Cr (24% margin). EBITDA was ₹5.06 Cr (33% margin).
- ₹15.40 CrRevenue · FY 2025 · +227% YoY
- ₹3.62 CrNet profit · 24% margin
- ₹5.06 CrEBITDA · 33% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Avesta Technologies Private Limited are on its company page.
Detailed financial statements for Avesta Technologies
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.
Similar companies to Avesta Technologies
Avesta Technologies has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Avesta Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Industrial IoT & Smart Manufacturing
10 companies that operate in the same segment as Avesta Technologies (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Avesta Technologies
Avesta Technologies was founded in 2012.
Avesta Technologies is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Avesta Technologies, Avesta Technologies Private Limited, reported revenue of ₹15.40 Cr for FY 2025, up 227% year on year.
Avesta Technologies specializes in modern application development, helping enterprises design, build, and run scalable cloud applications with agile practices and open-source technologies. They offer services like product strategy, software engineering, and application modernization. Based in Ahmedabad, India, they serve sectors including education, industrial IoT, sales automation, social media, and real estate, focusing on cost-effective digital solutions.
Avesta Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Avesta Technologies offers Product Strategy Services, Software Engineering, and Product Design Services.
Avesta Technologies operates through Avesta Technologies Private Limited.
The legal entities of Avesta Technologies currently have 2 directors, including Mahiyar Keki Dastur, Sanober Cavas Bomanji.