About Brainotix Solutions
Brainotix Solutions is a Financial Services company based in Chennai (India) founded in 2019. It offers IT solutions, development, and consultancy for banking sectors worldwide. It operates on a B2B model. Its Indian entity Brainotix Solutions Private Limited reported revenue of ₹3.14 Cr. Brainotix Solutions offers products and services including Application Development, Application Modernization, and IT Consultancy. Its focus areas include FinTech, Banking Tech, IT Solutions and Application Development. Similar companies include Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues and 5 more; 5 of its 10 listed similar companies have raised funding.
Company details
Brainotix Solutions partners with banking and financial institutions to deliver innovative IT services, focusing on application development, modernization, and consultancy. They automate processes like procure-to-pay and expense management to enhance security and efficiency. Based in Chennai, India, they address regulatory needs and client-specific requirements through tailored solutions.
- Headquarters Chennai, India
- SectorsFinancial Services
- Email••••••••
- Website brainotix.com
- Social X
- Legal Name Brainotix Solutions Private Limited
- Date of Incorporation 28 Mar, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.14 Cr
FY 2024 · +81% YoY
- Net Profit₹79.2 Lakh
FY 2024 · 25% margin
- EBITDA₹79.9 Lakh
FY 2024 · 25% margin
Associated legal entities of Brainotix Solutions
Brainotix Solutions operates through Brainotix Solutions 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 |
|---|---|---|---|---|---|---|---|
| Brainotix Solutions Private Limited CIN U72900TN2019PTC128348 | Active | 28 Mar 2019 | Chennai, Tamil Nadu | ₹3.1 Cr | – | 3 | View details |
Products & Services of Brainotix Solutions
Brainotix Solutions offers a comprehensive portfolio of products and services, including Application Development, Application Modernization, and IT Consultancy.
End-to-end development for banking systems from analysis to deployment
Modernizing legacy systems for enhanced digital banking features
Providing tailored IT advice for financial regulatory compliance
Board of directors of Brainotix Solutions Private Limited (Brainotix Solutions)
Brainotix Solutions Private Limited is the primary company behind Brainotix Solutions. The board of Brainotix Solutions Private Limited currently have 3 directors; the longest-serving is Nelacantaiyer Ramachandran, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nelacantaiyer Ramachandran DIN 08403845 | Director | 28 Mar 2019 | 7 yrs 6 mo | Brainotix Solutions Private Limited |
| Puthenmadathil Krishna Iyer Saroja DIN 08403844 | Director | 28 Mar 2019 | 7 yrs 6 mo | Brainotix Solutions Private Limited |
| Rajesh Madhavan Unnithan DIN 09271275 | Director | 09 Aug 2021 | 5 yrs 2 mo | Brainotix Solutions Private Limited |
Financials of Brainotix Solutions
Figures of Brainotix Solutions Private Limited, the primary company behind Brainotix Solutions, for FY 2024. Revenue was ₹3.14 Cr (+81% year on year). Net profit was ₹79.2 Lakh (25% margin). EBITDA was ₹79.9 Lakh (25% margin). Revenue has grown at a compounded annual rate of +78% over three years.
- ₹3.14 CrRevenue · FY 2024 · +81% YoY
- ₹79.2 LakhNet profit · 25% margin
- ₹79.9 LakhEBITDA · 25% margin
- ₹1.50 CrPaid-up capital
- +78%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Brainotix Solutions Private Limited are on its company page.
Detailed financial statements for Brainotix Solutions
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 Brainotix Solutions
Brainotix Solutions has 10 listed similar companies in our database, 5 of them funded. They include Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | – | 42,000 | Diversified financial solutions for business processing and management are provided. | |
| comviva.com | 1999 | Gurugram, India | $13.5M | 2,283 | Software platforms for telecommunications, digital payments, and experiences are provided. | |
| jackhenry.com | 1976 | Monett, United States | – | 7,120 | Banking and payments solutions are provided through a dedicated platform. | |
| blend.com | 2012 | San Francisco, United States | $685M | 1,826 | Digital solutions for mortgage and consumer lending are provided. | |
| ia.ooo | 2007 | Gandhinagar, India | – | 642 | Digital payment solutions and enterprise software platforms are provided. | |
| mambu.com | 2011 | Amsterdam, Netherlands | $445.79M | 68 | API-enabled open banking platform is provided for financial institutions. | |
| alkami.com | 2009 | Plano, United States | $422.54M | 667 | Platform offering digital banking software suite for banks and credit unions | |
| aurionpro.com | 1997 | Mumbai, India | – | 2 | Loan and cash management solutions are provided for banks. | |
| synctera.com | 2019 | San Francisco, United States | $95.17M | 58 | Software suite is developed for banks and financial institutions. | |
| finastra.com | 2017 | London, United Kingdom | – | 1,890 | Financial software solutions for lending, payments, and banking are provided. |
Detailed similar companies of Brainotix Solutions
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 Banking & FinTech Platforms
10 companies that operate in the same segment as Brainotix Solutions (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Brainotix Solutions
Brainotix Solutions was founded in 2019.
Brainotix Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Brainotix Solutions, Brainotix Solutions Private Limited, reported revenue of ₹3.14 Cr for FY 2024, up 81% year on year.
Brainotix Solutions partners with banking and financial institutions to deliver innovative IT services, focusing on application development, modernization, and consultancy. They automate processes like procure-to-pay and expense management to enhance security and efficiency. Based in Chennai, India, they address regulatory needs and client-specific requirements through tailored solutions.
Brainotix Solutions offers Application Development, Application Modernization, and IT Consultancy.
Brainotix Solutions operates through Brainotix Solutions Private Limited.
The legal entities of Brainotix Solutions currently have 3 directors, including Rajesh Madhavan Unnithan, Nelacantaiyer Ramachandran, Puthenmadathil Krishna Iyer Saroja.