About Covalense Global
Covalense Global is a Business Services company based in Hyderabad (India) founded in 2006 by Sreenivas Venkata Satya Peesapati, Narayana Peesapati, and Venkata Gopal Krishna Kumari Peesapati. It offers IT services, digital transformation, AI, and cloud solutions. It operates on a B2B and SaaS model in Business Services and Technology sectors. The company has 384 employees. Its Indian entity Covalense Technologies Private Limited reported revenue of ₹57.10 Cr. Covalense Global offers products and services including iBOT, iAnalyst, Application Development, Digital Transformation, and Enterprise Data Management. Its focus areas include IT Services, Digital Transformation, Application Development and AI and Analytics.
Company details
Covalense Global is an IT services provider specializing in application development, digital transformation, and enterprise data management. They deliver innovative solutions through agile methodologies, serving clients across various industries with over 19 years of experience. Operating in multiple locations like India, Australia, and the UK, they focus on technologies such as AI and cloud to enhance business efficiency and customer experiences.
- Headquarters Hyderabad, India
- Employees 384
- Founders Sreenivas Venkata Satya Peesapati, Narayana Peesapati, Venkata Gopal Krishna Kumari Peesapati
- SectorsBusiness ServicesTechnology
- Email••••••••
- Website covalenseglobal.com
- Social LinkedIn X Facebook
- Legal Name Covalense Technologies Private Limited
- Date of Incorporation 17 Mar, 2006
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹57.10 Cr
FY 2025 · -14% YoY
- Net Profit₹58.9 Lakh
FY 2025 · 1% margin
- EBITDA₹3.61 Cr
FY 2025 · 6% margin
- Employee Count384
Associated legal entities of Covalense Global
Covalense Global operates through Covalense Technologies 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 |
|---|---|---|---|---|---|---|---|
| Covalense Technologies Private Limited CIN U72200TG2006PTC049522 | Active | 17 Mar 2006 | Hyderabad, Telangana | ₹57.1 Cr | 384 | 2 | View details |
Products & Services of Covalense Global
Covalense Global offers a comprehensive portfolio of products and services, including iBOT, iAnalyst, Application Development, Digital Transformation, and Enterprise Data Management.
AI-powered tool for enhancing customer experiences and automation.
Provides advanced analytics for business intelligence and insights.
Delivers custom applications for digital transformation needs.
Offers strategies for enterprise modernization and innovation.
Manages data integration and warehousing for business efficiency.
Implements solutions to streamline operations and reduce risks.
Develops and implements cloud-based enterprise solutions.
Ensures reliable systems through rigorous quality assurance.
Funding Insights of Covalense Global
- Total Rounds 1
All 1 funding rounds of Covalense Global 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 |
|---|---|---|---|---|---|
| Jan 2022 | Series A | – | – | – |
Board of directors of Covalense Technologies Private Limited (Covalense Global)
Covalense Technologies Private Limited is the primary company behind Covalense Global. The board of Covalense Technologies Private Limited currently have 2 directors; the longest-serving is Venkata Satyanarayana Peesapati, appointed in 2006. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Satyanarayana Peesapati DIN 00200121 | Managing Director | 17 Mar 2006 | 20 yrs 7 mo | Covalense Technologies Private Limited |
| Krishna Kumari Venkata Gopal Peesapati DIN 02526298 | Whole-time director | 18 Aug 2006 | 20 yrs 2 mo | Covalense Technologies Private Limited |
People of Covalense Global
34 people are tracked at Covalense Global (7 in leadership, 27 in team); the tracked headcount is 384.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Narayana Peesapati | Co-Founder, Managing Director | Leadership |
| Co-Founder | Leadership | |
| Co-founder & COO | Leadership | |
Siva Kishore | Associate Director - Customer Success | Leadership |
Naveen K | Director - Datascience & AI | Leadership |
Gita Madhuri | Director - HR And Talent Acquisition | Leadership |
Spandana Bilakanti | Software Engineer | Team |
Sairaj Patel Bai | Software Engineer | Team |
Sudha G | Talent Acquisition Specialist | Team |
Somappa Hittanagi | Technical Lead | Team |
Ravi Kota | Country Manager | Team |
Ashritha Reddy | IT Recruiter | Team |
Vishnu Peesapati | Lead Data Scientist | Team |
Tirumala Rao Suvvari | Software Engineer | Team |
Vaishnavi Maknoor | Assistant Manager - HR | Team |
Sri Roshini Pappu | Software Developer | Team |
Shubham Chandra | Software Engineer | Team |
Lavanya V K | Human Resources Executive | Team |
Prasanna Dadi | Software Engineer | Team |
14 more people are available in the full profile.
Complete people profiles for Covalense Global
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 Covalense Global
Figures of Covalense Technologies Private Limited, the primary company behind Covalense Global, for FY 2025. Revenue was ₹57.10 Cr (-14% year on year). Net profit was ₹58.9 Lakh (1% margin). EBITDA was ₹3.61 Cr (6% margin). Revenue has grown at a compounded annual rate of +5% over three years and +16% over five years.
- ₹57.10 CrRevenue · FY 2025 · -14% YoY
- ₹58.9 LakhNet profit · 1% margin
- ₹3.61 CrEBITDA · 6% margin
- ₹3.71 CrPaid-up capital
- 384Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Covalense Technologies Private Limited are on its company page.
Detailed financial statements for Covalense Global
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 Covalense Global
2 dated milestones of Covalense Global across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Covalense Global is founded.
- Funding First funding round.
Web traffic of Covalense Global
The website of Covalense Global (covalenseglobal.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 56.2% vs previous month
Websites whose visitors overlap most with Covalense Global. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| covalensedigital.com | 100% | 2.8K | #6,110,296 | View details |
Top companies in Digital Transformation & Automation Services
3 companies that operate in the same segment as Covalense Global (Digital Transformation & Automation Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 |
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Related news about Covalense Global
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Frequently Asked Questions about Covalense Global
Covalense Global was founded in 2006 and raised its 1st funding round 16 years after it was founded.
Covalense Global is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Covalense Global has 384 employees.
The primary company behind Covalense Global, Covalense Technologies Private Limited, reported revenue of ₹57.10 Cr for FY 2025, down 14% year on year.
Covalense Global is an IT services provider specializing in application development, digital transformation, and enterprise data management. They deliver innovative solutions through agile methodologies, serving clients across various industries with over 19 years of experience. Operating in multiple locations like India, Australia, and the UK, they focus on technologies such as AI and cloud to enhance business efficiency and customer experiences.
Covalense Global offers iBOT, iAnalyst, Application Development, Digital Transformation, and 4 more products and services.
Covalense Global operates through Covalense Technologies Private Limited.
The legal entities of Covalense Global currently have 2 directors, including Krishna Kumari Venkata Gopal Peesapati, Venkata Satyanarayana Peesapati.