About ENNOBLE TECHNOLOGIES
ENNOBLE TECHNOLOGIES is a Technology company based in Hyderabad (India) founded in 2016 by Madhuri Vardhinedi, and was acquired by Clarity Benefit Solutions in September 2024. Application development services are provided by Ennoble Technologies. Its Indian entity Ennoble Technologies India Private Limited reported revenue of ₹2.70 Cr. Its focus areas include Business Services, IT Services, Application Development and Horizontal.
Company details
Ennoble Technologies was established in 2016 and is headquartered in Hyderabad, India. Operations are centered in the information technology sector, where application development services are delivered to clients. The company is led by co-founder Madhuri Vardhinedi. Focus is placed on software solutions tailored for various business needs, with activities conducted primarily from its Indian base. Expansion details remain limited in available records.
- Headquarters Hyderabad, India
- Founders Madhuri Vardhinedi
- Stage Acquired
- SectorsTechnology
- Website ennobletechnologies.com
- Social X
- Acquired by Clarity Benefit Solutions (Sep 2024)
- Legal Name Ennoble Technologies India Private Limited
- Date of Incorporation 22 Sep, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.70 Cr
FY 2024 · +420% YoY
- Net Profit₹4 Lakh
FY 2024 · 1% margin
- EBITDA₹14.6 Lakh
FY 2024 · 5% margin
- Investors
- Acquired byClarity Benefit Solutions
(Sep 2024)
Associated legal entities of ENNOBLE TECHNOLOGIES
ENNOBLE TECHNOLOGIES operates through Ennoble Technologies India 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 |
|---|---|---|---|---|---|---|---|
| Ennoble Technologies India Private Limited CIN U72900TG2016PTC112123 | Active | 22 Sep 2016 | Hyderabad, Telangana | ₹2.7 Cr | 2 | View details |
Investors in ENNOBLE TECHNOLOGIES
ENNOBLE TECHNOLOGIES has secured backing from 1 investor. Prominent investors backing the company include Clarity Benefit Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Employee benefits administration is managed through an integrated platform. | 1990 | claritybenefitsolutions.com | New York, United States |
Investor details for ENNOBLE TECHNOLOGIES
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Board of directors of Ennoble Technologies India Private Limited (ENNOBLE TECHNOLOGIES)
Ennoble Technologies India Private Limited is the primary company behind ENNOBLE TECHNOLOGIES. The board of Ennoble Technologies India Private Limited currently have 2 directors; the longest-serving is Sri Madhuri Vardhinedi, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sri Madhuri Vardhinedi DIN 07591757 | Director | 22 Sep 2016 | 10 yrs 1 mo | Ennoble Technologies India Private Limited |
| Vaddadi Venkata Rao DIN 07778278 | Director | 06 Apr 2017 | 9 yrs 6 mo | Ennoble Technologies India Private Limited |
People of ENNOBLE TECHNOLOGIES
1 people are tracked at ENNOBLE TECHNOLOGIES (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for ENNOBLE TECHNOLOGIES
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Financials of ENNOBLE TECHNOLOGIES
Figures of Ennoble Technologies India Private Limited, the primary company behind ENNOBLE TECHNOLOGIES, for FY 2024. Revenue was ₹2.70 Cr (+420% year on year). Net profit was ₹4 Lakh (1% margin). EBITDA was ₹14.6 Lakh (5% margin). Revenue has grown at a compounded annual rate of +69% over three years and +26% over five years.
- ₹2.70 CrRevenue · FY 2024 · +420% YoY
- ₹4 LakhNet profit · 1% margin
- ₹14.6 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +69%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ennoble Technologies India Private Limited are on its company page.
Detailed financial statements for ENNOBLE TECHNOLOGIES
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Timeline of ENNOBLE TECHNOLOGIES
2 dated milestones of ENNOBLE TECHNOLOGIES across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ENNOBLE TECHNOLOGIES is founded.
- Exit Acquired by Clarity Benefit Solutions.
Web traffic of ENNOBLE TECHNOLOGIES
Websites that share an audience with ENNOBLE TECHNOLOGIES (ennobletechnologies.com).
Websites whose visitors overlap most with ENNOBLE TECHNOLOGIES. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details |
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Related news about Ennoble Technologies
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Frequently Asked Questions about ENNOBLE TECHNOLOGIES
ENNOBLE TECHNOLOGIES was founded in 2016.
ENNOBLE TECHNOLOGIES is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind ENNOBLE TECHNOLOGIES, Ennoble Technologies India Private Limited, reported revenue of ₹2.70 Cr for FY 2024, up 420% year on year.
Ennoble Technologies was established in 2016 and is headquartered in Hyderabad, India. Operations are centered in the information technology sector, where application development services are delivered to clients. The company is led by co-founder Madhuri Vardhinedi. Focus is placed on software solutions tailored for various business needs, with activities conducted primarily from its Indian base. Expansion details remain limited in available records.
ENNOBLE TECHNOLOGIES has 1 investor. Key investors include Clarity Benefit Solutions.
ENNOBLE TECHNOLOGIES operates through Ennoble Technologies India Private Limited.
Yes. ENNOBLE TECHNOLOGIES was acquired by Clarity Benefit Solutions in September 2024.
The legal entities of ENNOBLE TECHNOLOGIES currently have 2 directors, including Sri Madhuri Vardhinedi, Vaddadi Venkata Rao.