About Codehive
Codehive is a Technology company based in Ballari (India) founded in 2017 by Manoj Reddy, and was acquired by Terralogic in July 2022. IT consulting services are provided by Codehive in India. The company has 5 employees. Its Indian entity Codehive It Solutions Private Limited reported revenue of ₹50 Lakh. Its focus areas include Business Services, IT Services and IT Advisory. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Codehive was established in 2017 by founder Manoj Reddy in Ballari, India. IT consulting services are delivered within the technology sector. Operations are centered in India, with a focus on advisory support for IT needs. The companys domain, codebele.com, supports its digital presence. Expertise is applied to various consulting projects, serving clients in the region since inception.
- Headquarters Ballari, India
- Employees 5
- Founders Manoj Reddy
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website codebele.com
- Social LinkedIn X Facebook
- Acquired by Terralogic (Jul 2022)
- Legal Name Codehive It Solutions Private Limited
- Date of Incorporation 15 Feb, 2017
- Jurisdiction Bellary, Karnataka, India
- Annual Revenue₹50 Lakh
FY 2025
- Net Loss-₹32.3 Lakh
FY 2025 · -65% margin
- EBITDA-₹26.9 Lakh
FY 2025 · -54% margin
- Investors
- Employee Count5
- Acquired byTerralogic
(Jul 2022)
Associated legal entities of Codehive
Codehive operates through Codehive It Solutions 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 |
|---|---|---|---|---|---|---|---|
| Codehive It Solutions Private Limited CIN U72900KA2017PTC100520 | Active | 15 Feb 2017 | Bellary, Karnataka | ₹0.5 Cr | 5 | 2 | View details |
Investors in Codehive
Codehive has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Terralogic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of UI/UX design, managed IT, web & mobile development, and digital transformation services | 2008 | terralogic.com | San Jose, United States |
Investor details for Codehive
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Board of directors of Codehive It Solutions Private Limited (Codehive)
Codehive It Solutions Private Limited is the primary company behind Codehive. The board of Codehive It Solutions Private Limited currently have 2 directors; the longest-serving is Annamaneni Surya, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Annamaneni Surya DIN 06427032 | Director | 15 Feb 2017 | 9 yrs 8 mo | Codehive It Solutions Private Limited |
| Reddy Manoj Kumar Reddy DIN 07689179 | Director | 15 Feb 2017 | 9 yrs 8 mo | Codehive It Solutions Private Limited |
People of Codehive
1 people are tracked at Codehive (1 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Codehive
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Financials of Codehive
Figures of Codehive It Solutions Private Limited, the primary company behind Codehive, for FY 2025. Revenue was ₹50 Lakh. Net loss was -₹32.3 Lakh (-65% margin). EBITDA was -₹26.9 Lakh (-54% margin). Revenue has grown at a compounded annual rate of -44% over three years and -14% over five years.
- ₹50 LakhRevenue · FY 2025
- -₹32.3 LakhNet loss · -65% margin
- -₹26.9 LakhEBITDA · -54% margin
- ₹19.5 LakhPaid-up capital
- 5Employees (provident fund records)
- -44%Revenue CAGR, 3 years
- -14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Codehive It Solutions Private Limited are on its company page.
Detailed financial statements for Codehive
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Timeline of Codehive
2 dated milestones of Codehive across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Codehive is founded.
- Exit Acquired by Terralogic.
Competitors of Codehive
Codehive 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 Codehive
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Related news about Codehive
Complete news archive for Codehive
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Frequently Asked Questions about Codehive
Codehive was founded in 2017.
Codehive is headquartered in Ballari, India. It is registered at Ballari, Karnataka, India.
Codehive has 5 employees.
The primary company behind Codehive, Codehive It Solutions Private Limited, reported revenue of ₹50 Lakh for FY 2025.
Codehive was established in 2017 by founder Manoj Reddy in Ballari, India. IT consulting services are delivered within the technology sector. Operations are centered in India, with a focus on advisory support for IT needs. The companys domain, codebele.com, supports its digital presence. Expertise is applied to various consulting projects, serving clients in the region since inception.
Codehive's top competitors include Happiest Minds and Datamatics.
Codehive has 1 investor. Key investors include Terralogic.
Codehive operates through Codehive It Solutions Private Limited.
Yes. Codehive was acquired by Terralogic in July 2022.
The legal entities of Codehive currently have 2 directors, including Annamaneni Surya, Reddy Manoj Kumar Reddy.