About Denovo HiTech solutions
Denovo HiTech solutions is a Technology company based in Bengaluru (India). It offers IT consulting, cloud services, software development, and business analytics worldwide. It operates on a B2B and SaaS model. The company has 19 employees. Its Indian entity Denovo Hitech Solutions Private Limited reported revenue of ₹1.91 Cr. Denovo HiTech solutions offers products and services including Cloud Services, Application Engineering, and Digital Media Marketing. Its focus areas include IT Services, Cloud Computing, Migration Services and Software Development. Similar companies include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed similar companies have raised funding.
Company details
Denovo Hitech Solutions is a global IT firm delivering customized and pre-packaged solutions through specialists in areas like cloud services, application engineering, and digital marketing. They focus on technologies such as SAP, Java, and Microsoft practices to meet business needs. Based in Bengaluru, India, they serve companies worldwide with agile methodologies and strong project management, ensuring effective IT implementations within budgets.
- Headquarters Bengaluru, India
- Employees 19
- SectorsTechnology
- Email••••••••
- Website denovosoftsol.com
- Social X Facebook
- Legal Name Denovo Hitech Solutions Private Limited
- Date of Incorporation 20 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.91 Cr
FY 2024 · -54% YoY
- Net Profit₹5.3 Lakh
FY 2024 · 3% margin
- EBITDA₹7.6 Lakh
FY 2024 · 4% margin
- Employee Count19
Associated legal entities of Denovo HiTech solutions
Denovo HiTech solutions operates through Denovo Hitech 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 |
|---|---|---|---|---|---|---|---|
| Denovo Hitech Solutions Private Limited CIN U72200KA2010PTC053302 | Active | 20 Apr 2010 | Bangalore, Karnataka | ₹1.9 Cr | 19 | 2 | View details |
Products & Services of Denovo HiTech solutions
Denovo HiTech solutions offers a comprehensive portfolio of products and services, including Cloud Services, Application Engineering, and Digital Media Marketing.
Delivers cloud-based IT solutions for business operations
Provides custom application development and engineering services
Offers strategies for online media and marketing campaigns
Board of directors of Denovo Hitech Solutions Private Limited (Denovo HiTech solutions)
Denovo Hitech Solutions Private Limited is the primary company behind Denovo HiTech solutions. The board of Denovo Hitech Solutions Private Limited currently have 2 directors; the longest-serving is Santhanalakshmi Venkatesh, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santhanalakshmi Venkatesh DIN 03011809 | Director | 20 Apr 2010 | 16 yrs 6 mo | Denovo Hitech Solutions Private Limited |
| Venkatesh Gopalan DIN 02287248 | Whole-time director | 01 Feb 2016 | 10 yrs 8 mo | Denovo Hitech Solutions Private Limited |
Financials of Denovo HiTech solutions
Figures of Denovo Hitech Solutions Private Limited, the primary company behind Denovo HiTech solutions, for FY 2024. Revenue was ₹1.91 Cr (-54% year on year). Net profit was ₹5.3 Lakh (3% margin). EBITDA was ₹7.6 Lakh (4% margin). Revenue has grown at a compounded annual rate of +13% over three years and +12% over five years.
- ₹1.91 CrRevenue · FY 2024 · -54% YoY
- ₹5.3 LakhNet profit · 3% margin
- ₹7.6 LakhEBITDA · 4% margin
- ₹10 LakhPaid-up capital
- 19Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Denovo Hitech Solutions Private Limited are on its company page.
Detailed financial statements for Denovo HiTech solutions
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Denovo HiTech solutions
Denovo HiTech solutions has 3 listed similar companies in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT 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. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed similar companies of Denovo HiTech solutions
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Denovo HiTech solutions
Denovo HiTech solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Denovo HiTech solutions has 19 employees.
The primary company behind Denovo HiTech solutions, Denovo Hitech Solutions Private Limited, reported revenue of ₹1.91 Cr for FY 2024, down 54% year on year.
Denovo Hitech Solutions is a global IT firm delivering customized and pre-packaged solutions through specialists in areas like cloud services, application engineering, and digital marketing. They focus on technologies such as SAP, Java, and Microsoft practices to meet business needs. Based in Bengaluru, India, they serve companies worldwide with agile methodologies and strong project management, ensuring effective IT implementations within budgets.
Denovo HiTech solutions's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Denovo HiTech solutions offers Cloud Services, Application Engineering, and Digital Media Marketing.
Denovo HiTech solutions operates through Denovo Hitech Solutions Private Limited.
The legal entities of Denovo HiTech solutions currently have 2 directors, including Venkatesh Gopalan, Santhanalakshmi Venkatesh.