About Easy Recognition
Easy Recognition is a Technology company based in Hyderabad (India) founded in 2012 by Prasad Ikkurthy. It operates as a cloud based rewards recognition platform solution for businesses. The company has 2 employees. Its chief executive is Prasad Ikkurthy. Its Indian entity Quadmo Solutions Private Limited reported revenue of ₹1.48 Cr. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Recognition. Its competitors include Medallia, Culture Amp, Achievers, ScribbleLive and Xoxoday and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Part of Quadmo Solutions, EasyRecognition is a rewards recognition marketplace for businesses. Using a cloud based technology platform, the Easy Recognition platform enables organizations to design, launch administer a self-service employee rewards recognition program. The integrated gifting merchandise options available right within the portal allows employees to pick gifts of their choice get it delivered. The gift products offered are available across 45 countries allowing organizations to control manage a global RR program across all their locations. The platform is mobile enabled, allows sharing on social media platforms, allows integration of customer feedback into a organizations RR program. The platform is available in 4 variants ERDirect, Corporate edition, Enterprise edition Enterprise Plus edition. The Enterprise plus edition provides an option for the organization to install the platform within their enterprise network. The first 3 variants are hosted on the Microsoft Azure platform. The company is currently focused on the India, SE Asia and the Middle East markets and is planning to launch their solution in North America, Europe, Australia. The company also has a partnership with a global leader in the Recognition space Rideau Recognition Solutions, through which they offer consulting training services for organizations to design a RR program.
- Headquarters Hyderabad, India
- Employees 2
- Founders Prasad Ikkurthy
- SectorsTechnology
- Website easyrecognition.com
- Social LinkedIn
- Legal Name Quadmo Solutions Private Limited
- Date of Incorporation 06 Jun, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.48 Cr
FY 2023 · +53% YoY
- Net Loss-₹17,000
FY 2023 · 0% margin
- EBITDA₹18,000
FY 2023 · 0% margin
- Employee Count2
Associated legal entities of Easy Recognition
Easy Recognition operates through Quadmo Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Quadmo Solutions Private Limited CIN U74910KA2012PTC064278 | Active | 06 Jun 2012 | Bangalore, Karnataka | ₹1.5 Cr | 2 | 2 | View details |
Board of directors of Quadmo Solutions Private Limited (Easy Recognition)
Quadmo Solutions Private Limited is the primary company behind Easy Recognition. The board of Quadmo Solutions Private Limited currently have 2 directors; the longest-serving is Amol Rangdal, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amol Rangdal DIN 02142897 | Director | 11 Jul 2018 | 8 yrs 3 mo | Quadmo Solutions Private Limited |
| Sunanda Basavaraj Reddy DIN 01431215 | Director | 21 Mar 2020 | 6 yrs 7 mo | Quadmo Solutions Private Limited |
People of Easy Recognition
1 people are tracked at Easy Recognition (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Prasad Ikkurthy | Founder & CEO | Leadership |
Complete people profiles for Easy Recognition
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Financials of Easy Recognition
Figures of Quadmo Solutions Private Limited, the primary company behind Easy Recognition, for FY 2023. Revenue was ₹1.48 Cr (+53% year on year). Net loss was -₹17,000 (0% margin). EBITDA was ₹18,000 (0% margin). Revenue has grown at a compounded annual rate of -2% over three years and -32% over five years.
- ₹1.48 CrRevenue · FY 2023 · +53% YoY
- -₹17,000Net loss · 0% margin
- ₹18,000EBITDA · 0% margin
- ₹4.6 LakhPaid-up capital
- 2Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- -32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Quadmo Solutions Private Limited are on its company page.
Detailed financial statements for Easy Recognition
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Competitors of Easy Recognition
Easy Recognition has 9 listed competitors in our database, 8 of them funded. They include Medallia, Culture Amp, Achievers, ScribbleLive and Xoxoday, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| decibel.com | 2001 | London, United Kingdom | $50.3M | 76 | Medallia is focused on customer and employee experience management. | |
| cultureamp.com | 2009 | Richmond, Australia | $258.3M | – | Employee experience management platform | |
| achievers.com | 2002 | Toronto, Canada | $50.7M | 3 | Employee Recognition and engagement platform provider | |
| scribblelive.com | 2008 | Toronto, Canada | $61.32M | – | Employee engagement is supported through interactive assessments and polls. | |
| xoxoday.com | 2012 | Bengaluru, India | $30.61M | 269 | AI-powered loyalty, rewards, and employee engagement solutions are provided. | |
| fond.co | 2012 | San Francisco, United States | $36.02M | 31 | Employee recognition and perks are facilitated via a digital platform. | |
| vantagecircle.com | 2011 | Plano, United States | $349,751 | 262 | Employee benefits and engagement are delivered via a cloud-based platform. | |
| rewardgateway.com | 2006 | Rochester, United States | – | 324 | Employee engagement software is provided for performance management and recognition. | |
| blueboard.com | 2013 | San Francisco, United States | $17.96M | 154 | Perks management platform for employers |
Detailed competitors of Easy Recognition
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Easy Recognition (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Frequently Asked Questions about Easy Recognition
Easy Recognition was founded in 2012.
Easy Recognition is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prasad Ikkurthy is the current CEO of Easy Recognition. They have also founded this company.
Easy Recognition has 2 employees.
The primary company behind Easy Recognition, Quadmo Solutions Private Limited, reported revenue of ₹1.48 Cr for FY 2023, up 53% year on year.
Part of Quadmo Solutions, EasyRecognition is a rewards recognition marketplace for businesses. Using a cloud based technology platform, the Easy Recognition platform enables organizations to design, launch administer a self-service employee rewards recognition program. The integrated gifting merchandise options available right within the portal allows employees to pick gifts of their choice get it delivered. The gift products offered are available across 45 countries allowing organizations to control manage a global RR program across all their locations. The platform is mobile enabled, allows sharing on social media platforms, allows integration of customer feedback into a organizations RR program. The platform is available in 4 variants ERDirect, Corporate edition, Enterprise edition Enterprise Plus edition. The Enterprise plus edition provides an option for the organization to install the platform within their enterprise network. The first 3 variants are hosted on the Microsoft Azure platform. The company is currently focused on the India, SE Asia and the Middle East markets and is planning to launch their solution in North America, Europe, Australia. The company also has a partnership with a global leader in the Recognition space Rideau Recognition Solutions, through which they offer consulting training services for organizations to design a RR program.
Easy Recognition's top competitors include Culture Amp, Xoxoday and Vantage Circle.
Easy Recognition operates through Quadmo Solutions Private Limited.
The legal entities of Easy Recognition currently have 2 directors, including Sunanda Basavaraj Reddy, Amol Rangdal.