About Core IT
Core IT is a company based in Katy (United States) founded in 1995 was acquired by Wirtek in April 2021. The company has 33 employees. Core IT offers products and services including Cloud Services, Cybersecurity Services, Remote Infrastructure Management, IT Audit & GRC Services, and IT Application Development. Core IT operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Katy, United States
- Employees 33
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website coreitx.com
- Social LinkedIn X Facebook Instagram
- Acquired by Wirtek (Apr 2021)
- Legal Name Coreit Services Private Limited
- Date of Incorporation 28 Jun, 2012
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Core IT
Core IT operates through Coreit Services 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 |
|---|---|---|---|---|---|---|---|
| Coreit Services Private Limited CIN U74120MH2012FTC232690 | Active | 28 Jun 2012 | Mumbai, Maharashtra | ₹4.0 Cr | 33 | 4 | View details |
Products & Services of Core IT
Core IT offers a comprehensive portfolio of products and services, including Cloud Services, Cybersecurity Services, Remote Infrastructure Management, IT Audit & GRC Services, and IT Application Development.
Provides scalable cloud solutions for business efficiency and digital transformation.
Offers protection against cyber threats and compliance audits for enterprises.
Manages and optimizes IT infrastructure for secure and reliable operations.
Conducts audits to ensure regulatory compliance and risk mitigation.
Develops custom applications to meet specific business needs and innovation.
Investors in Core IT
Core IT has secured backing from 1 investor. Prominent investors backing the company include Wirtek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software development, testing, and consulting services are provided. | 2001 | wirtek.com | Aalborg, Denmark |
Investor details for Core IT
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Board of directors of Coreit Services Private Limited (Core IT)
Coreit Services Private Limited is the primary company behind Core IT. The board of Coreit Services Private Limited currently have 4 directors; the longest-serving is Aliasgar Mohammed Dhoon, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aliasgar Mohammed Dhoon DIN 05348248 | Director | 19 Jul 2012 | 14 yrs 2 mo | Coreit Services Private Limited |
| Shabbir Mazher Motiwala DIN 06419052 | Director | 11 Dec 2012 | 13 yrs 9 mo | Coreit Services Private Limited |
| Parag Pampapati Nandimath DIN 08262663 | Director | 12 Nov 2018 | 7 yrs 10 mo | Coreit Services Private Limited |
| Hasan Saifee DIN 09631660 | Director | 08 Jun 2022 | 4 yrs 4 mo | Coreit Services Private Limited |
People of Core IT
8 people are tracked at Core IT (5 in leadership, 3 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Ali Dhoon | CEO | Leadership |
Khuzema Fatehi | Director of Sales - Hardware | Leadership |
| Director | Leadership | |
Malek (Malekulashtar) Kheyroolla | Human Resources Director | Leadership |
Yusuf Hyderbhoy | General Manager - India Operations | Leadership |
Nidhi Parmar | HR & ADMIN Executive | Team |
Shabbir Wakhariya | General Counsel | Team |
Samadhan Gaikwad | Senior Manager - Cyber Security Audit | Team |
Complete people profiles for Core IT
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Financials of Core IT
Figures of Coreit Services Private Limited, the primary company behind Core IT, for FY 2024. Revenue was ₹4.02 Cr (+49% year on year). Net profit was ₹0.06 Cr (2% margin). EBITDA was ₹0.15 Cr (4% margin). Revenue has grown at a compounded annual rate of +48% over three years and +15% over five years.
- ₹4.02 CrRevenue · FY 2024 · +49% YoY
- ₹0.06 CrNet profit · 2% margin
- ₹0.15 CrEBITDA · 4% margin
- ₹0.12 CrPaid-up capital
- 33Employees (provident fund records)
- +48%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Coreit Services Private Limited are on its company page.
Detailed financial statements for Core IT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Core IT
2 dated milestones of Core IT across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Core IT is founded.
- Exit Acquired by Wirtek.
Competitors of Core IT
Core IT 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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.12M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Core IT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Core IT
The website of Core IT (coreitx.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 17.9% vs previous month
Similar companies to Core IT
10 companies that operate in the same segment as Core IT (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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Frequently Asked Questions about Core IT
Core IT was founded in 1995.
Core IT is headquartered in Katy, United States. It is registered at Katy, Texas, United States.
Ali Dhoon is the current CEO of Core IT.
Core IT has 33 employees.
The primary company behind Core IT, Coreit Services Private Limited, reported revenue of ₹4.02 Cr for FY 2024, up 49% year on year.
Core IT was founded in 1995 in Katy, United States, within the information technology sector. IT service suite solutions are delivered to support client operations. Services encompass a range of technology implementations and maintenance. The company operates primarily from its U.S. base, with leadership provided by CEO Ali Dhoon. Focus remains on practical IT infrastructure and support needs.
Core IT's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Core IT offers Cloud Services, Cybersecurity Services, Remote Infrastructure Management, IT Audit & GRC Services, and IT Application Development.
Core IT has 1 investor. Key investors include Wirtek.
Core IT operates through Coreit Services Private Limited.
Yes. Core IT was acquired by Wirtek in April 2021.
The legal entities of Core IT currently have 4 directors, including Parag Pampapati Nandimath, Shabbir Mazher Motiwala, Hasan Saifee and others.