About Cygneto
Cygneto is a company based in Ahmedabad (India) founded in 2016. It operates as a B2C and D2C. The company has 846 employees. Cygneto offers products and services including 1xBet App, Sports Betting Service, and Casino Games. Cygneto operates in a competitive market with competitors including SalesRabbit, Spring Global, Salesforce Maps, Skynamo and Spotio, among others.
- Headquarter Ahmedabad, India
- Employees 846
- SectorsConsumer
- Website cygneto-apps.com
- Social X Facebook
- Employee Count846
Associated legal entities of Cygneto
Cygneto is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cygnet Infotech Private Limited CIN U72200GJ2000PTC038563 | Active | 22 Aug 2000 | Ahmedabad, Gujarat | ₹235 Cr | 999 | 8 | View details |
| Cygnet Digital Private Limited CIN U74140GJ2015PTC083929 | Active | 24 Jul 2015 | Ahmedabad, Gujarat | ₹0.3 Cr | 1 | 4 | View details |
Products & Services of Cygneto
Cygneto offers a comprehensive portfolio of products and services, including 1xBet App, Sports Betting Service, and Casino Games.
Mobile app for sports betting and casino games access
Platform for real-time betting on sports events
Service offering roulette, blackjack, and other casino options
Board of directors of Cygneto
The boards of the 2 registered companies of Cygneto currently have 7 directors; the longest-serving is Niraj Karnik Hutheesing, appointed in 2000. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niraj Karnik Hutheesing DIN 00078587 | Managing Director | 22 Aug 2000 | 26 yrs 1 mo | Cygnet Infotech Private Limited, Cygnet Digital Private Limited |
| Vishal Shrenik Shah DIN 00078594 | Director | 27 Dec 2000 | 25 yrs 9 mo | Cygnet Infotech Private Limited |
| Chatura Niraj Hutheesing DIN 02426588 | Whole-time director | 29 Aug 2009 | 17 yrs 1 mo | Cygnet Infotech Private Limited, Cygnet Digital Private Limited |
| Apurva Shivji Ashar DIN 06417290 | Whole-time director | 01 Nov 2012 | 13 yrs 11 mo | Cygnet Infotech Private Limited, Cygnet Digital Private Limited |
| Tejinderpalsingh Pritamsingh Oberoi DIN 00193649 | Whole-time director | 10 Dec 2013 | 12 yrs 10 mo | Cygnet Infotech Private Limited, Cygnet Digital Private Limited |
| Keval Niraj Hutheesing DIN 08701484 | Director | 30 Aug 2022 | 4 yrs 1 mo | Cygnet Infotech Private Limited |
| Pankaj Dikshit DIN 11378018 | Additional Director | 19 Dec 2025 | 9 mo | Cygnet Infotech Private Limited |
Financials of Cygneto
Figures of Cygnet Infotech Private Limited, the primary company behind Cygneto, for FY 2025. Revenue was ₹235 Cr (+3% year on year). Net profit was ₹23.41 Cr (10% margin). EBITDA was ₹41.19 Cr (18% margin). Revenue has grown at a compounded annual rate of +9% over three years and +15% over five years.
- ₹235 CrRevenue · FY 2025 · +3% YoY
- ₹23.41 CrNet profit · 10% margin
- ₹41.19 CrEBITDA · 18% margin
- ₹5.20 CrPaid-up capital
- 999Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cygnet Infotech Private Limited are on its company page.
Detailed financial statements for Cygneto
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.
Competitors of Cygneto
Cygneto 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 SalesRabbit, Spring Global, Salesforce Maps, Skynamo and Spotio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| salesrabbit.com | 2012 | Provo, United States | $4.27M | 102 | Platform offering sales tracking software | |
| springglobal.com | 2001 | Reston, United States | $115.07M | – | Cloud-based field sales automation solutions are provided for teams. | |
| mapanything.com | 2009 | Charlotte, United States | $82.9M | 141 | Provider of data mapping and geo-analytics software | |
| skynamo.com | 2012 | Cape Town, South Africa | $32.14M | – | Field sales management software | |
| spotio.com | 2014 | Dallas, United States | $4.5M | 25 | Cloud-based field sales engagement software is delivered for mobile tracking. | |
| fieldassist.com | 2014 | Gurugram, India | – | 377 | Provider of cloud-based sales force automation and distributor management software | |
| scrm.com | 1998 | Shenzhen, China | $26.2M | – | Customer relationship management solution | |
| advotics.com | 2016 | Jakarta, Indonesia | $5.45M | – | Cloud-based platform for field sales management is provided. |
Detailed competitors of Cygneto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Similar companies to Cygneto
10 companies that operate in the same segment as Cygneto (Gambling & Entertainment Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online skill-based games are developed across platforms and genres. | 2010 | Delhi, Delhi, India | USD 1.79 M | USD 166.95 M | 699 | |
Mobile casino games with social features are developed for platforms. | 2014 | Warsaw, Poland | USD 8.6 M | USD 246.28 M | 428 | |
An online platform for skill-based gaming competitions is provided. | 2019 | Gurugram, Haryana, India | USD 25.96 M | USD 11.28 M | 39 | |
Provider of online skill-based gaming platforms | 2005 | Hyderabad, Telangana, India | USD 81.87 M | USD 128.91 M | 529 | |
Developer of a micro-betting platform for sports | 2022 | Miami, Florida, United States | USD 102 M | – | – | |
Provider of a P2P sports betting platform | 2021 | New York, New York, United States | USD 105.53 M | – | – | |
Multi-category online gambling is facilitated via an app-based platform. | 1934 | London, England, United Kingdom | – | USD 1.71 B | 10,239 | |
Online platform for betting on multiple sports is provided. | 2001 | Stoke On Trent, England, United Kingdom | – | – | – | |
Casual mobile games are developed and published by SciPlay. | 2007 | London, England, United Kingdom | – | – | – | |
Event outcome speculation is enabled via a regulated online exchange. | 2019 | New York, New York, United States | USD 1.8 B | – | 20 |
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Frequently Asked Questions about Cygneto
Cygneto was founded in 2016.
Cygneto is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Cygneto has 846 employees.
1xBet is an online betting platform that enables users in Côte dIvoire to wager on sports events and play casino games through a mobile app. It provides features like live betting, secure transactions, and user bonuses, emphasizing easy registration and global accessibility. The service focuses on individual consumers, with options for local payments and language support to enhance the betting experience.
Cygneto's top competitors include SalesRabbit, Spring Global and Spotio.
Cygneto offers 1xBet App, Sports Betting Service, and Casino Games.
Cygneto is associated with 2 legal entities: Cygnet Infotech Private Limited, Cygnet Digital Private Limited.
The legal entities of Cygneto currently have 8 directors, including Chatura Niraj Hutheesing, Vishal Shrenik Shah, Niraj Karnik Hutheesing and others.