About DriftUp
DriftUp was a Technology company based in Pune (India) founded in 2015. It operates as an IT services including web, software, and mobile app development for businesses. It operates on a B2B model. The company is recorded as dissolved. DriftUp offers products and services including Web Development, Software Development, and Mobile App Development. Its focus areas include Information Technology, IT Services, Consulting and Business Solutions. Its legal entity in India is Driftup Solutions Private Limited (U74140PN2015PTC157416). 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
Driftup Solutions Private Limited delivers innovative IT services such as web development, software development, and mobile app development using technologies like PHP, Python, and JavaScript. Based in Pune, India, they assist businesses in healthcare, finance, education, and other sectors to grow through customized solutions. Their team focuses on exceeding client expectations with high-quality products.
- Headquarters Pune, India
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website driftup.in
- Legal Name Driftup Solutions Private Limited
- Date of Incorporation 04 Dec, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹89,154
FY 2020 · -85% YoY
- Net Loss-₹18,846
FY 2020 · -21% margin
- EBITDA-₹18,871
FY 2020 · -21% margin
Associated legal entities of DriftUp
DriftUp operates through Driftup Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Driftup Solutions Private Limited CIN U74140PN2015PTC157416 | Active | 04 Dec 2015 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Products & Services of DriftUp
DriftUp offers a comprehensive portfolio of products and services, including Web Development, Software Development, and Mobile App Development.
Creating websites using technologies like PHP and JavaScript
Building custom software for various business needs
Developing mobile applications for different platforms
Board of directors of Driftup Solutions Private Limited (DriftUp)
Driftup Solutions Private Limited is the primary company behind DriftUp. The board of Driftup Solutions Private Limited currently have 2 directors; the longest-serving is Vandana Dattatraya Munde, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vandana Dattatraya Munde DIN 07240091 | Director | 04 Dec 2015 | 10 yrs 10 mo | Driftup Solutions Private Limited |
| Pooja Anil Ghule DIN 08023065 | Director | 03 Apr 2018 | 8 yrs 6 mo | Driftup Solutions Private Limited |
Financials of DriftUp
Figures of Driftup Solutions Private Limited, the primary company behind DriftUp, for FY 2020. Revenue was ₹89,154 (-85% year on year). Net loss was -₹18,846 (-21% margin). EBITDA was -₹18,871 (-21% margin). Revenue has grown at a compounded annual rate of +102% over three years.
- ₹89,154Revenue · FY 2020 · -85% YoY
- -₹18,846Net loss · -21% margin
- -₹18,871EBITDA · -21% margin
- ₹1 LakhPaid-up capital
- +102%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Driftup Solutions Private Limited are on its company page.
Detailed financial statements for DriftUp
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Similar companies to DriftUp
DriftUp 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 DriftUp
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 IT Services & Operations
10 companies that operate in the same segment as DriftUp (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 DriftUp
DriftUp was founded in 2015.
DriftUp is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind DriftUp, Driftup Solutions Private Limited, reported revenue of ₹89,154 for FY 2020, down 85% year on year.
Driftup Solutions Private Limited delivers innovative IT services such as web development, software development, and mobile app development using technologies like PHP, Python, and JavaScript. Based in Pune, India, they assist businesses in healthcare, finance, education, and other sectors to grow through customized solutions. Their team focuses on exceeding client expectations with high-quality products.
DriftUp's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
DriftUp offers Web Development, Software Development, and Mobile App Development.
DriftUp operates through Driftup Solutions Private Limited.
The legal entities of DriftUp currently have 2 directors, including Pooja Anil Ghule, Vandana Dattatraya Munde.