About C42 Engineering
C42 Engineering is a Technology company based in Bengaluru (India) founded in 2010, and was acquired by Gojek in February 2016. It operates as a boutique software consultancy services are provided by C42 Engineering. Its focus areas include Business Services, IT Services and Suite. Its legal entity in India is C42 ENGINEERING INDIA PRIVATE LIMITED (U72200KA2010PTC054911).
Company details
C42 Engineering was established in 2010 in Bengaluru, India, as a boutique firm in the software sector. Consultancy services in engineering and development are offered to clients seeking tailored solutions. Operations are centered in Bengaluru, with a focus on specialized software projects. The domain c42.in serves as the primary online presence for the firm. Expertise is applied across various technology domains to support client needs.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website c42.in
- Social LinkedIn X
- Acquired by Gojek (Feb 2016)
- Legal Name C42 Engineering India Private Limited
- Date of Incorporation 23 Aug, 2010
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of C42 Engineering
C42 Engineering operates through C42 Engineering India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| C42 Engineering India Private Limited CIN U72200KA2010PTC054911 | Active | 23 Aug 2010 | Bangalore, Karnataka | ₹0.0 Cr | – | 3 | View details |
Investors in C42 Engineering
C42 Engineering has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gojek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App based platform offering on demand delivery and ride-hailing services | 2010 | gojek.com | Jakarta, Indonesia |
Investor details for C42 Engineering
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Board of directors of C42 Engineering India Private Limited (C42 Engineering)
C42 Engineering India Private Limited is the primary company behind C42 Engineering. The board of C42 Engineering India Private Limited currently have 3 directors; the longest-serving is Niranjan Ghanashyam Paranjape, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niranjan Ghanashyam Paranjape DIN 03086046 | Director | 23 Aug 2010 | 16 yrs 1 mo | C42 Engineering India Private Limited |
| Sidu Ponnappa Kariappa Chonira DIN 03117891 | Director | 23 Aug 2010 | 16 yrs 1 mo | C42 Engineering India Private Limited |
| Aakash Vilas Dharmadhikari DIN 03117877 | Director | 23 Aug 2010 | 16 yrs 1 mo | C42 Engineering India Private Limited |
Financials of C42 Engineering
Figures of C42 Engineering India Private Limited, the primary company behind C42 Engineering, for FY 2020. Net loss was -₹2.9 Lakh (-518339% margin). EBITDA was -₹2.3 Lakh (-418946% margin). Revenue has grown at a compounded annual rate of -98% over three years and -92% over five years.
- -₹2.9 LakhNet loss · -518339% margin
- -₹2.3 LakhEBITDA · -418946% margin
- ₹1 LakhPaid-up capital
- -98%Revenue CAGR, 3 years
- -92%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of C42 Engineering India Private Limited are on its company page.
Detailed financial statements for C42 Engineering
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Timeline of C42 Engineering
2 dated milestones of C42 Engineering across 6 years, from founding to its latest funding, stage changes and deals.
- Founded C42 Engineering is founded.
- Exit Acquired by Gojek.
Top companies in IT Services & Operations
10 companies that operate in the same segment as C42 Engineering (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
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 |
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Related news about C42 Engineering
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Frequently Asked Questions about C42 Engineering
C42 Engineering was founded in 2010.
C42 Engineering is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of C42 Engineering is $0.77 as on Mar 31, 2020.
C42 Engineering was established in 2010 in Bengaluru, India, as a boutique firm in the software sector. Consultancy services in engineering and development are offered to clients seeking tailored solutions. Operations are centered in Bengaluru, with a focus on specialized software projects. The domain c42.in serves as the primary online presence for the firm. Expertise is applied across various technology domains to support client needs.
C42 Engineering has 1 investor. Key investors include Gojek.
C42 Engineering operates through C42 Engineering India Private Limited.
Yes. C42 Engineering was acquired by Gojek in February 2016.
The legal entities of C42 Engineering currently have 3 directors, including Niranjan Ghanashyam Paranjape, Sidu Ponnappa Kariappa Chonira, Aakash Vilas Dharmadhikari.