About Coherendz
Coherendz is a Technology company based in Hyderabad (India) founded in 2008 by Paresh Masade, Satyanarayana Kosaraju, Sanjeev Chowdary Kosaraju, and Mukunda Rao Masade. Web, mobile application, and software development services are offered. Coherendz has raised $1.14 million across 11 funding rounds from investors including Gaurav Mathur, Rajesh Reddy and Matta Ramakrishna. Coherendz was last valued at $9.39 million in March 2019. Its Indian entity Coherendz India Private Limited reported revenue of ₹4.57 Cr. Coherendz offers products and services including Vaave.com. Its focus areas include Business Services, IT Services, Application Development and Horizontal.
Company details
Coherendz was founded in 2008 and is headquartered in Hyderabad, India. Software development services, including web and mobile applications, are provided to clients. Operations focus on custom solutions within the IT sector. The company is led by a team of founders and directors, with expertise in technology delivery. Geographic presence remains centered in India, supporting various development projects.
- Headquarters Hyderabad, India
- Founders Paresh Masade, Satyanarayana Kosaraju, Sanjeev Chowdary Kosaraju, Mukunda Rao Masade
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website coherendz.com
- Social LinkedIn
- Legal Name Coherendz India Private Limited
- Date of Incorporation 13 Dec, 2011
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.57 Cr
FY 2025 · +10% YoY
- Net Profit₹40.2 Lakh
FY 2025 · 9% margin
- EBITDA-₹80.3 Lakh
FY 2025 · -18% margin
- Total Equity Funding$1.14M (USD)
in 11 rounds
- Latest Funding Round$439.55K (USD), Seed
Jul 2025
- InvestorsRan Ventures
& 50 more
Associated legal entities of Coherendz
Coherendz operates through Coherendz India 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 |
|---|---|---|---|---|---|---|---|
| Coherendz India Private Limited CIN U74900TG2011PTC077975 | Active | 13 Dec 2011 | Hyderabad, Telangana | ₹4.6 Cr | 53 | 5 | View details |
Products & Services of Coherendz
Coherendz offers a comprehensive portfolio of products and services, including Vaave.com.
Vaave.com is a web product engineered for mobile and web applications with feature development.
Funding Insights of Coherendz
Coherendz has successfully raised a total of $1.14M across 11 strategic funding rounds. The most recent funding activity was a Seed round of $439.55 thousand completed in July 2025. 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.
- Total Funding $1.14M
- Total Rounds 11
- Last Round Seed — $439,552
- First Round $30,403
(Mar 2014)
- Investors Count 51
Latest 10 of 11 funding rounds of Coherendz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $439,552 | Seed | – | Ran Ventures | |
| Jun 2021 | $205,421 | Seed | – | – | |
| Mar 2021 | $68,616 | Angel Round | – | Rajdeep Kumar | |
| Mar 2020 | $79,653 | Angel Round | – | Aradhi Narasimha Murthy | |
| Mar 2019 | $107,012 | Angel Round | $9.39M | Aradhi Narasimha Murthy | |
| Aug 2018 | $82,610 | Angel Round | $7.11M | Krunal Dikshit | |
| Nov 2016 | $71,378 | Angel Round | $••••• | Kunta Kapil Reddy | |
| Nov 2015 | $30,050 | Angel Round | $••••• | Venkata Nagendra Satyam | |
| Jul 2015 | Angel Round | $••••• | Venkateswara Kumar Nagoji | – | |
| Sep 2014 | $23,747 | Angel Round | $••••• | Purushotham Chanda |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $9.39M | •••••••• |
| Aug 2018 | $7.11M | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| Nov 2015 | $••••• | •••••••• |
Full valuation and stage history of Coherendz
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $9.39M (Mar 2019). 51 investors in total: 2 institutional and 49 angel.
Investors in Coherendz
Coherendz has secured backing from 51 investors, including angel and venture fund investors. Prominent investors backing the company include Gaurav Mathur, Rajesh Reddy and Matta Ramakrishna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| ranventures.com | ||||
GM Gaurav Mathur | unknown_854c2fd7da53450fa | |||
RR Rajesh Reddy | Angel investor and entrepreneur, focused on tech startups in India. | unknown_c4542d5b2f2147ec8 | ||
MR Matta Ramakrishna | unknown_9f6dd5aadf434344a | |||
AN Aradhi Narasimha Murthy | unknown_77f3b9945b794ba49 | |||
SV Shivaprasad Vangari | unknown_0f07aa07abeb4ec4a | |||
GM Gaurav Mathur | unknown_7f65e18eaf354704b | |||
KD Krunal Dikshit | unknown_2e7a386487404fd88 | |||
RD Rahul Dikshit | unknown_ec6dd3db94174a03b | |||
AV Anjali Vullanki | unknown_2e36415b55884d938 |
Investor details for Coherendz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Coherendz India Private Limited (Coherendz)
Coherendz India Private Limited is the primary company behind Coherendz. The board of Coherendz India Private Limited currently have 5 directors; the longest-serving is Paresh Masade, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paresh Masade DIN 05116554 | Director | 13 Dec 2011 | 14 yrs 10 mo | Coherendz India Private Limited |
| Venkatayasaswy Peesapati DIN 08094791 | Director | 24 Mar 2018 | 8 yrs 7 mo | Coherendz India Private Limited |
| Jaipal Reddy Kadaari DIN 08094788 | Director | 24 Mar 2018 | 8 yrs 7 mo | Coherendz India Private Limited |
| Pachigolla Ramakrishna DIN 03327834 | Additional Director | 30 Oct 2023 | 2 yrs 11 mo | Coherendz India Private Limited |
| Aditya Vuchi DIN 02868346 | Additional Director | 21 Aug 2025 | 1 yr 2 mo | Coherendz India Private Limited |
People of Coherendz
6 people are tracked at Coherendz (6 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
Satyanarayana Kosaraju | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Mukunda Rao Masade | Co-Founder | Leadership |
| Director | Leadership | |
| Director | Leadership |
Complete people profiles for Coherendz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Coherendz
Figures of Coherendz India Private Limited, the primary company behind Coherendz, for FY 2025. Revenue was ₹4.57 Cr (+10% year on year). Net profit was ₹40.2 Lakh (9% margin). EBITDA was -₹80.3 Lakh (-18% margin). Revenue has grown at a compounded annual rate of +21% over three years and +28% over five years.
- ₹4.57 CrRevenue · FY 2025 · +10% YoY
- ₹40.2 LakhNet profit · 9% margin
- -₹80.3 LakhEBITDA · -18% margin
- ₹10.3 LakhPaid-up capital
- 53Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Coherendz India Private Limited are on its company page.
Detailed financial statements for Coherendz
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.
Timeline of Coherendz
4 dated milestones of Coherendz across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Coherendz is founded.
- Funding First funding round of $30K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $440K.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Coherendz
Complete news archive for Coherendz
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Coherendz
Coherendz was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Coherendz is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Coherendz is a funded company, having raised a total of $1.14M across 11 funding rounds to date. The company's 1st funding round was a Angel Round of $23.75K, raised on Mar 2014.
The primary company behind Coherendz, Coherendz India Private Limited, reported revenue of ₹4.57 Cr for FY 2025, up 10% year on year.
Coherendz was founded in 2008 and is headquartered in Hyderabad, India. Software development services, including web and mobile applications, are provided to clients. Operations focus on custom solutions within the IT sector. The company is led by a team of founders and directors, with expertise in technology delivery. Geographic presence remains centered in India, supporting various development projects.
Coherendz offers Vaave.com.
Coherendz has 51 investors. Key investors include Gaurav Mathur, Rajesh Reddy, Matta Ramakrishna, Aradhi Narasimha Murthy, and Shivaprasad Vangari.
The valuation of Coherendz is $9.39M as of Mar 2019.
Coherendz operates through Coherendz India Private Limited.
The legal entities of Coherendz currently have 5 directors, including Paresh Masade, Venkatayasaswy Peesapati, Jaipal Reddy Kadaari and others.