About Canarys
Canarys is a company based in Bengaluru (India) founded in 1988 by Raman Subbarao Metikurke. Canarys has raised $57.56 thousand across 1 funding round from investors including Nirmala Krishnan and Arun D K. The company has 265 employees as of March 28, 2024. Canarys offers products and services including DevOps Solutions, Automation Services, and Modernization Solutions. Canarys operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Bengaluru, India
- Employees 265 as on 28 Mar, 2024
- Founders Raman Subbarao Metikurke
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Canarys Automations Ltd.
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Annual Revenue
$10.43 M (USD)18.75as on Mar 31, 2025
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Net Profit
$970.34 K (USD)3.69as on Mar 31, 2025
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EBITDA
$1.36 M (USD)4.09as on Mar 31, 2025
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Total Equity Funding
$57.56 K (USD)
in 1 rounds
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Latest Funding Round
$57.56 K (USD), Angel Round
Jul 29, 2006
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Investors
& 1 more
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Employee Count
265
as on Mar 28, 2024
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IPO & Listings of Canarys
Canarys is a publicly listed company on the NSE with ticker symbol CANARYS in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Canarys
Canarys offers a comprehensive portfolio of products and services, including DevOps Solutions, Automation Services, and Modernization Solutions.
Provides assessment and implementation for DevOps automation.
Offers robotic process automation for business efficiency.
Delivers tools for legacy system updates and migration.
People of Canarys
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Funding Insights of Canarys
Canarys has successfully raised a total of $57.56K through 1 strategic funding round. The most recent funding activity was a Angel Round of $57.56 thousand completed in July 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Canarys
Canarys has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Nirmala Krishnan and Arun D K.
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Nirmala Krishnan |
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Arun D K |
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Investor details for Canarys
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Investments & Acquisitions by Canarys
Investment portfolio details for Canarys
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Financial Statements - Canarys
Detailed financials for Canarys
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Canarys Comparisons
Peer comparison for Canarys
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Competitors of Canarys
Canarys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of Canarys
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Latest news on Canarys
Complete news archive for Canarys
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Frequently Asked Questions about Canarys
Canarys was founded in 1988 and raised its 1st funding round 18 years after it was founded.
Canarys is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sheshadri Srinivas is the current CEO of Canarys.
Canarys is a funded company, having raised a total of $57.56K across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Canarys is 265.
Annual revenue of Canarys is $10.43M as on Mar 31, 2025.
Canarys was founded in 1988 and is based in Bengaluru, India. IT services are delivered, emphasizing digital transformation, system modernization, and process automation. Operational efficiency is supported for businesses across sectors. Leadership includes founder Raman Subbarao Metikurke as Managing Director and Sheshadri Srinivas as CEO. Operations focus on enabling technology-driven improvements in client workflows.
Canarys's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Canarys offers DevOps Solutions, Automation Services, and Modernization Solutions.
Yes, Canarys is publicly traded on NSE under the ticker symbol CANARYS.
Canarys has 2 investors. Key investors include Nirmala Krishnan, and Arun D K.
The ticker symbol of Canarys is CANARYS on NSE.
The valuation of Canarys is $2.23M as of Jul 2006.