About Derek Technology Solutions
Derek Technology Solutions is a Technology company based in Bengaluru (India) founded in 2008. It offers display and customer engagement solutions for businesses. It operates on a B2B model. Its Indian entity Derek Technology Solutions Private Limited reported revenue of ₹3.4 Lakh. Its focus areas include Digital Solutions, Customer Engagement and Display Technologies. Its competitors include Creative Realities, PRN Corp, TouchTech, Vertiseit and The Looma Project and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
Derek Technology Solutions offers display and customer engagement solutions for businesses, focusing on leveraging cutting-edge technology, offering digital marketing tools, customer engagement, and display technologies. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website dereksolutions.co.in
- Social Facebook
- Legal Name Derek Technology Solutions Private Limited
- Date of Incorporation 16 Sep, 2008
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.4 Lakh
FY 2019 · +154% YoY
- Net Loss-₹5.7 Lakh
FY 2019 · -170% margin
- EBITDA-₹5.6 Lakh
FY 2019 · -165% margin
Associated legal entities of Derek Technology Solutions
Derek Technology Solutions operates through Derek Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Derek Technology Solutions Private Limited CIN U51505KA2008PTC047787 | Active | 16 Sep 2008 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Board of directors of Derek Technology Solutions Private Limited (Derek Technology Solutions)
Derek Technology Solutions Private Limited is the primary company behind Derek Technology Solutions. The board of Derek Technology Solutions Private Limited currently have 2 directors; the longest-serving is Anoop Balaraman, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anoop Balaraman DIN 02259410 | Director | 16 Sep 2008 | 18 yrs 1 mo | Derek Technology Solutions Private Limited |
| Sunoop Balaraman DIN 01877992 | Director | 16 Mar 2014 | 12 yrs 7 mo | Derek Technology Solutions Private Limited |
Financials of Derek Technology Solutions
Figures of Derek Technology Solutions Private Limited, the primary company behind Derek Technology Solutions, for FY 2019. Revenue was ₹3.4 Lakh (+154% year on year). Net loss was -₹5.7 Lakh (-170% margin). EBITDA was -₹5.6 Lakh (-165% margin). Revenue has grown at a compounded annual rate of -41% over three years and -38% over five years.
- ₹3.4 LakhRevenue · FY 2019 · +154% YoY
- -₹5.7 LakhNet loss · -170% margin
- -₹5.6 LakhEBITDA · -165% margin
- ₹1 LakhPaid-up capital
- -41%Revenue CAGR, 3 years
- -38%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Derek Technology Solutions Private Limited are on its company page.
Detailed financial statements for Derek Technology Solutions
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Competitors of Derek Technology Solutions
Derek Technology Solutions has 9 listed competitors in our database, 4 of them funded. They include Creative Realities, PRN Corp, TouchTech, Vertiseit and The Looma Project, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cri.com | 1997 | New York, United States | – | 120 | Digital interactive signage is supplied to retailers and brands. | |
| prn.com | 1992 | San Francisco, United States | – | – | Advertising and marketing solutions for retailers and brands in-store using digital signage | |
| touchtech.com | 2008 | Gothenburg, Sweden | $4.4M | – | Interactive digital signage software is developed for offline retailers. | |
| vertiseit.com | 2008 | Varberg, Sweden | – | – | Customer engagement solutions for retailers and brands in-store using digital signage | |
| theloomaproject.com | 2015 | Durham, United States | $10.5M | – | Digital signage is provided for retail advertising via grocery tablets. | |
| advertima.com | 2016 | St Gallen, Switzerland | $27.6M | – | Cloud and AI based solutions for transforming shoppers into retail media audiences | |
| ineosolutionsinc.com | 2016 | Surrey, Canada | – | 49 | Digital OOH advertising systems are delivered for retail stores. | |
| nvincy.com | 2017 | Bengaluru, India | – | 25 | Delivers comprehensive digital transformation services to businesses. | |
| sis-digital.co.uk | 2009 | London, United Kingdom | $15.59M | 10 | Delivers a platform for digital signage software to enhance visual communication for businesses. |
Detailed competitors of Derek Technology Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Brand & Marketing Technology
10 companies that operate in the same segment as Derek Technology Solutions (Brand & Marketing Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 30,125 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
Crafts global health and wellness brands for digital platforms. | 2021 | Bengaluru, Karnataka, India | USD 206.9 M | USD 71.62 M | 427 | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 3,008 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.4 B | – | 233 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 3,855 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 | |
AI-driven conversational marketing solutions are provided for ecommerce businesses. | 2016 | New York, New York, United States | USD 922.07 M | – | 1,529 | |
AI platform for retail ecommerce management and optimization is provided. | 2012 | Mountain View, California, United States | USD 195.5 M | USD 11.75 M | 221 |
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Frequently Asked Questions about Derek Technology Solutions
Derek Technology Solutions was founded in 2008.
Derek Technology Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Derek Technology Solutions, Derek Technology Solutions Private Limited, reported revenue of ₹3.4 Lakh for FY 2019, up 154% year on year.
Derek Technology Solutions offers display and customer engagement solutions for businesses, focusing on leveraging cutting-edge technology, offering digital marketing tools, customer engagement, and display technologies. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Derek Technology Solutions's top competitors include Advertima, The Looma Project and INEO.
Derek Technology Solutions operates through Derek Technology Solutions Private Limited.
The legal entities of Derek Technology Solutions currently have 2 directors, including Anoop Balaraman, Sunoop Balaraman.