About Cyrene IT
Cyrene IT is a Technology company based in Bengaluru (India) founded in 2020. It provides IT solutions including data optimization, networking, cloud services, and managed security. It operates on a B2B model. The company has 1 employees. Its Indian entity Cyrene It Solutions Private Limited reported revenue of ₹1.43 Cr. Its focus areas include IT Services, Cloud and Security and Managed Services. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed similar companies have raised funding.
Company details
Cyrene IT, established in 2020, excels in leveraging cutting-edge technology, providing IT services, cloud and security, and managed services. Provides IT solutions including data optimization, networking, cloud services, and managed security. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cyreneit.com
- Social LinkedIn X Facebook
- Legal Name Cyrene It Solutions Private Limited
- Date of Incorporation 10 Nov, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.43 Cr
FY 2024 · +121% YoY
- Net Profit₹6.6 Lakh
FY 2024 · 5% margin
- EBITDA₹10.2 Lakh
FY 2024 · 7% margin
- Employee Count1
Associated legal entities of Cyrene IT
Cyrene IT operates through Cyrene It 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 |
|---|---|---|---|---|---|---|---|
| Cyrene It Solutions Private Limited CIN U72900KA2020PTC140886 | Active | 10 Nov 2020 | Bangalore, Karnataka | ₹1.4 Cr | – | 2 | View details |
Board of directors of Cyrene It Solutions Private Limited (Cyrene IT)
Cyrene It Solutions Private Limited is the primary company behind Cyrene IT. The board of Cyrene It Solutions Private Limited currently have 2 directors; the longest-serving is Gurumurthy Raghavendra, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gurumurthy Raghavendra DIN 08955968 | Director | 10 Nov 2020 | 5 yrs 11 mo | Cyrene It Solutions Private Limited |
| Yogesh Nanjappa DIN 08084579 | Director | 04 Nov 2024 | 1 yr 11 mo | Cyrene It Solutions Private Limited |
Financials of Cyrene IT
Figures of Cyrene It Solutions Private Limited, the primary company behind Cyrene IT, for FY 2024. Revenue was ₹1.43 Cr (+121% year on year). Net profit was ₹6.6 Lakh (5% margin). EBITDA was ₹10.2 Lakh (7% margin). Revenue has grown at a compounded annual rate of +203% over three years.
- ₹1.43 CrRevenue · FY 2024 · +121% YoY
- ₹6.6 LakhNet profit · 5% margin
- ₹10.2 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- +203%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Cyrene It Solutions Private Limited are on its company page.
Detailed financial statements for Cyrene IT
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Similar companies to Cyrene IT
Cyrene IT has 9 listed similar companies in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 | – | 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. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| 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. | |
| 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 similar companies of Cyrene IT
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Cyrene 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 | 4,473 | |
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 | – | 1,898 | |
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 | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
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 Cyrene IT
Cyrene IT was founded in 2020.
Cyrene IT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cyrene IT has 1 employees.
The primary company behind Cyrene IT, Cyrene It Solutions Private Limited, reported revenue of ₹1.43 Cr for FY 2024, up 121% year on year.
Cyrene IT, established in 2020, excels in leveraging cutting-edge technology, providing IT services, cloud and security, and managed services. Provides IT solutions including data optimization, networking, cloud services, and managed security. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Cyrene IT's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Cyrene IT operates through Cyrene It Solutions Private Limited.
The legal entities of Cyrene IT currently have 2 directors, including Yogesh Nanjappa, Gurumurthy Raghavendra.