About Cynosure
Cynosure is a Financial Services company based in Bengaluru (India) founded in 2012, and was acquired by Zensar in March 2018. Provider of management consulting, data management, and insurance services. It operates in the Financial Services and Business Services sectors. The company has 29 employees. Its Indian entity Cynosure Interface Services Private Limited reported revenue of ₹8.74 Cr. Its focus areas include Management Consulting Services, Industry Specific, FinTech and Insurance IT.
Company details
Cynosure provider of management consulting, data management, and insurance services, focusing on providing business support, management consulting services, industry specific, and offering financial products and advice. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Employees 29
- Stage Acquired
- SectorsFinancial ServicesBusiness Services
- Email••••••••
- Phone•••• ••••
- Website cynosureinc.com
- Social LinkedIn X Facebook
- Acquired by Zensar (Mar 2018)
- Legal Name Cynosure Interface Services Private Limited
- Date of Incorporation 01 Dec, 2014
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Cynosure
Cynosure operates through Cynosure Interface Services Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cynosure Interface Services Private Limited CIN U72200PN2014PTC198141 | Amalgamated | 01 Dec 2014 | Pune, Maharashtra | ₹8.7 Cr | 29 | 2 | View details |
Investors in Cynosure
Cynosure has secured backing from 1 investor. Prominent investors backing the company include Zensar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IT services, engineering services and BPO services | 1991 | zensar.com | Pune, India |
Investor details for Cynosure
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Board of directors of Cynosure Interface Services Private Limited (Cynosure)
Cynosure Interface Services Private Limited is the primary company behind Cynosure. The board of Cynosure Interface Services Private Limited currently have 2 directors; the longest-serving is Rajiv Mundhra, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Mundhra DIN 07931263 | Director | 17 Apr 2018 | 8 yrs 6 mo | Cynosure Interface Services Private Limited |
| Prameela Nagamalathi Kalive DIN 07892295 | Director | 17 Apr 2018 | 8 yrs 6 mo | Cynosure Interface Services Private Limited |
Financials of Cynosure
Figures of Cynosure Interface Services Private Limited, the primary company behind Cynosure, for FY 2021. Revenue was ₹8.74 Cr (-27% year on year). Net loss was -₹40.6 Lakh (-5% margin). EBITDA was -₹44.2 Lakh (-5% margin).
- ₹8.74 CrRevenue · FY 2021 · -27% YoY
- -₹40.6 LakhNet loss · -5% margin
- -₹44.2 LakhEBITDA · -5% margin
- ₹10 LakhPaid-up capital
- 29Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Cynosure Interface Services Private Limited are on its company page.
Detailed financial statements for Cynosure
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Timeline of Cynosure
2 dated milestones of Cynosure across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cynosure is founded.
- Exit Acquired by Zensar.
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as Cynosure (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
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Related news about Cynosure
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Frequently Asked Questions about Cynosure
Cynosure was founded in 2012.
Cynosure is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cynosure has 29 employees.
The primary company behind Cynosure, Cynosure Interface Services Private Limited, reported revenue of ₹8.74 Cr for FY 2021, down 27% year on year.
Cynosure provider of management consulting, data management, and insurance services, focusing on providing business support, management consulting services, industry specific, and offering financial products and advice. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Cynosure has 1 investor. Key investors include Zensar.
Cynosure operates through Cynosure Interface Services Private Limited.
Yes. Cynosure was acquired by Zensar in March 2018.
The legal entities of Cynosure currently have 2 directors, including Rajiv Mundhra, Prameela Nagamalathi Kalive.