About Closoft
Closoft is a Technology company based in Bengaluru (India) founded in 2020. It delivers comprehensive cyber security management and IoT solutions for businesses. It operates on a B2B model. The company has 10 employees. Its Indian entity Closoft Technologies Private Limited reported revenue of ₹2.87 Cr. Its focus areas include Information Technology, Cyber Security and IoT Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Closoft, founded in 2020 in Bengaluru, India, focuses on leveraging cutting-edge technology, information technology, cyber security, and iot solutions. Delivers comprehensive cyber security management and IoT solutions for businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- Employees 10
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website clo-soft.com
- Social LinkedIn X Facebook
- Legal Name Closoft Technologies Private Limited
- Date of Incorporation 10 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.87 Cr
FY 2024 · +4% YoY
- Net Profit₹8.3 Lakh
FY 2024 · 3% margin
- EBITDA₹24.3 Lakh
FY 2024 · 8% margin
- Employee Count10
Associated legal entities of Closoft
Closoft operates through Closoft 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 |
|---|---|---|---|---|---|---|---|
| Closoft Technologies Private Limited CIN U72900KA2020PTC135765 | Active | 10 Jul 2020 | Bangalore, Karnataka | ₹2.9 Cr | 10 | 2 | View details |
Board of directors of Closoft Technologies Private Limited (Closoft)
Closoft Technologies Private Limited is the primary company behind Closoft. The board of Closoft Technologies Private Limited currently have 2 directors; the longest-serving is Hanagodi Matha Omkaraiah, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hanagodi Matha Omkaraiah DIN 08788024 | Managing Director | 10 Jul 2020 | 6 yrs 3 mo | Closoft Technologies Private Limited |
| Pradeep Rajan DIN 02245070 | Director | 03 Jan 2025 | 1 yr 9 mo | Closoft Technologies Private Limited |
Financials of Closoft
Figures of Closoft Technologies Private Limited, the primary company behind Closoft, for FY 2024. Revenue was ₹2.87 Cr (+4% year on year). Net profit was ₹8.3 Lakh (3% margin). EBITDA was ₹24.3 Lakh (8% margin). Revenue has grown at a compounded annual rate of +50% over three years.
- ₹2.87 CrRevenue · FY 2024 · +4% YoY
- ₹8.3 LakhNet profit · 3% margin
- ₹24.3 LakhEBITDA · 8% margin
- ₹18 LakhPaid-up capital
- 10Employees (provident fund records)
- +50%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Closoft Technologies Private Limited are on its company page.
Detailed financial statements for Closoft
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Competitors of Closoft
Closoft has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Closoft
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Frequently Asked Questions about Closoft
Closoft was founded in 2020.
Closoft is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Closoft has 10 employees.
The primary company behind Closoft, Closoft Technologies Private Limited, reported revenue of ₹2.87 Cr for FY 2024, up 4% year on year.
Closoft, founded in 2020 in Bengaluru, India, focuses on leveraging cutting-edge technology, information technology, cyber security, and iot solutions. Delivers comprehensive cyber security management and IoT solutions for businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Closoft's top competitors include Happiest Minds and Datamatics.
Closoft operates through Closoft Technologies Private Limited.
The legal entities of Closoft currently have 2 directors, including Pradeep Rajan, Hanagodi Matha Omkaraiah.