About elEVAte Business
elEVAte Business is a company based in India founded in 2011. It operates as a B2B. elEVAte Business offers products and services including CFO Services, Corporate Advisory Solution, Corporate Funding, and Merger & Acquisition. elEVAte Business operates in a competitive market with competitors including MassMutual, Point Digital Finance, Prudent, Reliance Capital and Power Corporation of Canada, among others.
- Headquarter India
- SectorsFinancial ServicesBusiness Services
- Email••••••••
- Phone•••• ••••
- Website elevatebusiness.in
- Social
- Legal Name Elevate Business Solutions Pvt. Ltd.
- Date of Incorporation 24 Nov, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.95 Cr
FY 2024 · +5% YoY
- Net Profit₹8.3 Lakh
FY 2024 · 4% margin
- EBITDA₹15 Lakh
FY 2024 · 8% margin
Associated legal entities of elEVAte Business
elEVAte Business operates through Elevate Business 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 |
|---|---|---|---|---|---|---|---|
| Elevate Business Solutions Private Limited CIN U74900KA2011PTC061344 | Active | 24 Nov 2011 | Bangalore, Karnataka | ₹1.9 Cr | – | 5 | View details |
Products & Services of elEVAte Business
elEVAte Business offers a comprehensive portfolio of products and services, including CFO Services, Corporate Advisory Solution, Corporate Funding, and Merger & Acquisition.
Strategic financial management for business growth and risk.
Tailored advice for corporate strategy and value creation.
Structuring finance alternatives for business needs.
Identifying opportunities for corporate mergers and acquisitions.
Board of directors of Elevate Business Solutions Private Limited (elEVAte Business)
Elevate Business Solutions Private Limited is the primary company behind elEVAte Business. The board of Elevate Business Solutions Private Limited currently have 5 directors; the longest-serving is Govindan Thamaraikannan, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Govindan Thamaraikannan DIN 02901169 | Managing Director | 26 Nov 2012 | 13 yrs 10 mo | Elevate Business Solutions Private Limited |
| Shanthi Kannan DIN 07229226 | Director | 09 Jul 2015 | 11 yrs 3 mo | Elevate Business Solutions Private Limited |
| Raghu Venkataraman DIN 02012383 | Additional Director | 01 Jun 2018 | 8 yrs 4 mo | Elevate Business Solutions Private Limited |
| Reenu Jha DIN 10284857 | Director | 01 Sep 2023 | 3 yrs 1 mo | Elevate Business Solutions Private Limited |
| Ravikeshava Kaniyala Melinathota DIN 07928583 | Director | 06 Mar 2025 | 1 yr 7 mo | Elevate Business Solutions Private Limited |
Financials of elEVAte Business
Figures of Elevate Business Solutions Private Limited, the primary company behind elEVAte Business, for FY 2024. Revenue was ₹1.95 Cr (+5% year on year). Net profit was ₹8.3 Lakh (4% margin). EBITDA was ₹15 Lakh (8% margin). Revenue has grown at a compounded annual rate of +47% over three years and +25% over five years.
- ₹1.95 CrRevenue · FY 2024 · +5% YoY
- ₹8.3 LakhNet profit · 4% margin
- ₹15 LakhEBITDA · 8% margin
- ₹11 LakhPaid-up capital
- +47%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elevate Business Solutions Private Limited are on its company page.
Detailed financial statements for elEVAte Business
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of elEVAte Business
elEVAte Business operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MassMutual, Point Digital Finance, Prudent, Reliance Capital and Power Corporation of Canada, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| massmutual.com | 1851 | Springfield, United States | – | 10,466 | Mutual life insurance company | |
| point.com | 2015 | Palo Alto, United States | $245.65M | 144 | Fractional home equity is sold online for interest-free loans. | |
| prudentcorporate.com | 2000 | Ahmedabad, India | $138,131 | 677 | Provider of financial products and investment services | |
| reliancecapital.co.in | 1986 | Mumbai, India | – | 18,360 | Financial services including loans, insurance, and asset management are provided. | |
| powercorporation.com | 1925 | Montreal, Canada | – | 30,259 | Investments are held in financial services and renewable energy sectors. | |
| amfam.com | 1927 | Madison, United States | – | 13,713 | Personal and business insurance products are provided nationwide. | |
| synechron.com | 2001 | New York, United States | – | – | Synechron is recognized as a global technology and AI consulting firm. |
Detailed competitors of elEVAte Business
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to elEVAte Business
10 companies that operate in the same segment as elEVAte Business (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about elEVAte Business
elEVAte Business was founded in 2011.
elEVAte Business is headquartered in India.
The primary company behind elEVAte Business, Elevate Business Solutions Private Limited, reported revenue of ₹1.95 Cr for FY 2024, up 5% year on year.
elEVAte Business Solutions offers a range of corporate financial services including CFO advisory, funding, and merger acquisitions. These solutions are tailored to meet business needs, focusing on strategic planning and risk management. Based in Bangalore, India, they assist clients in achieving growth through effective financial strategies and customized economic value addition. Their services emphasize long-term planning to avoid surprises and promote sustainable outcomes.
elEVAte Business's top competitors include MassMutual, Point Digital Finance and Prudent.
elEVAte Business offers CFO Services, Corporate Advisory Solution, Corporate Funding, and Merger & Acquisition.
elEVAte Business operates through Elevate Business Solutions Private Limited.
The legal entities of elEVAte Business currently have 5 directors, including Reenu Jha, Shanthi Kannan, Govindan Thamaraikannan and others.