About Crafsol
Crafsol is a Financial Services company based in Pune (India) founded in 2008. It provides IT services in digital transformation, SAP, AI, and cloud for businesses worldwide. It operates on a B2B and SaaS model in Financial Services, Business Services, and Technology sectors. The company has 18 employees. Its Indian entity Crafsol Technology Solutions Private Limited reported revenue of ₹6.15 Cr. Crafsol offers products and services including SAP Full-Suite Services, Digital Transformation Services, Cloud Transformation, Application Development, and Sustainability Solutions. Its focus areas include Finance, FinTech, BFSI Solutions and Data Engineering. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Crafsol Technology Solutions delivers IT consulting and development services, focusing on SAP systems, AI, and emerging technologies like Industry 4.0. They help businesses in automotive, BFSI, and manufacturing sectors optimize operations through cloud transformation and data engineering. Based primarily in Pune, India, with global offices, they serve clients including Fortune 500 companies by integrating sustainable practices and innovative solutions to enhance efficiency and growth.
- Headquarters Pune, India
- Employees 18
- SectorsFinancial ServicesBusiness Services Technology
- Email••••••••
- Phone•••• ••••
- Website crafsol.com
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- Legal Name Crafsol Technology Solutions Private Limited
- Date of Incorporation 17 Dec, 2008
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹6.15 Cr
FY 2024 · -13% YoY
- Net Profit₹4.1 Lakh
FY 2024 · 1% margin
- EBITDA₹29.2 Lakh
FY 2024 · 5% margin
- Employee Count18
Associated legal entities of Crafsol
Crafsol operates through Crafsol Technology Solutions 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 |
|---|---|---|---|---|---|---|---|
| Crafsol Technology Solutions Private Limited CIN U72200PN2008PTC178198 | Active | 17 Dec 2008 | Pune, Maharashtra | ₹6.2 Cr | 18 | 3 | View details |
Products & Services of Crafsol
Crafsol offers a comprehensive portfolio of products and services, including SAP Full-Suite Services, Digital Transformation Services, Cloud Transformation, Application Development, and Sustainability Solutions.
Provides comprehensive SAP solutions for business process optimization.
Offers AI and emerging tech for operational efficiency improvements.
Delivers cloud migration and management for scalable business needs.
Develops custom applications using data engineering techniques.
Integrates eco-friendly practices into business operations.
Board of directors of Crafsol Technology Solutions Private Limited (Crafsol)
Crafsol Technology Solutions Private Limited is the primary company behind Crafsol. The board of Crafsol Technology Solutions Private Limited currently have 3 directors; the longest-serving is Nirmal Kumar Jain, appointed in 2008. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirmal Kumar Jain DIN 02341226 | Whole-time director | 17 Dec 2008 | 17 yrs 10 mo | Crafsol Technology Solutions Private Limited |
| Mamta Jain DIN 02341255 | Whole-time director | 17 Dec 2008 | 17 yrs 10 mo | Crafsol Technology Solutions Private Limited |
| Vijay Sethi DIN 06652808 | Director | 10 Jul 2023 | 3 yrs 3 mo | Crafsol Technology Solutions Private Limited |
Financials of Crafsol
Figures of Crafsol Technology Solutions Private Limited, the primary company behind Crafsol, for FY 2024. Revenue was ₹6.15 Cr (-13% year on year). Net profit was ₹4.1 Lakh (1% margin). EBITDA was ₹29.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of -23% over three years and +26% over five years.
- ₹6.15 CrRevenue · FY 2024 · -13% YoY
- ₹4.1 LakhNet profit · 1% margin
- ₹29.2 LakhEBITDA · 5% margin
- ₹2.00 CrPaid-up capital
- 18Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Crafsol Technology Solutions Private Limited are on its company page.
Detailed financial statements for Crafsol
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Crafsol
Crafsol 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 Crafsol
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Crafsol
Crafsol was founded in 2008.
Crafsol is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Crafsol has 18 employees.
The primary company behind Crafsol, Crafsol Technology Solutions Private Limited, reported revenue of ₹6.15 Cr for FY 2024, down 13% year on year.
Crafsol Technology Solutions delivers IT consulting and development services, focusing on SAP systems, AI, and emerging technologies like Industry 4.0. They help businesses in automotive, BFSI, and manufacturing sectors optimize operations through cloud transformation and data engineering. Based primarily in Pune, India, with global offices, they serve clients including Fortune 500 companies by integrating sustainable practices and innovative solutions to enhance efficiency and growth.
Crafsol's top competitors include Happiest Minds and Datamatics.
Crafsol offers SAP Full-Suite Services, Digital Transformation Services, Cloud Transformation, Application Development, and Sustainability Solutions.
Crafsol operates through Crafsol Technology Solutions Private Limited.
The legal entities of Crafsol currently have 3 directors, including Nirmal Kumar Jain, Mamta Jain, Vijay Sethi.