About Essence Systems
Essence Systems was a Technology company based in Kolkata (India) founded in 2008. It provides IT services to support business operations and technology needs. It operates on a B2B model. The company has 1 employees. Its Indian entity Essence Systems Private Limited reported revenue of ₹98.7 Lakh. The company is recorded as dissolved. Its focus areas include IT Services, Information Technology and Service Provision. 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
Essence Systems, founded in 2008 in Kolkata, India, focuses on leveraging cutting-edge technology, providing IT services, information technology, and service provision. Provides IT services to support business operations and technology needs. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Kolkata, India
- Employees 1
- SectorsTechnology
- Website essencesystems.net
- Legal Name Essence Systems Private Limited
- Date of Incorporation 04 Dec, 2008
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹98.7 Lakh
FY 2017 · +2% YoY
- Net Profit₹5.7 Lakh
FY 2017 · 6% margin
- EBITDA₹8.3 Lakh
FY 2017 · 8% margin
- Employee Count1
Associated legal entities of Essence Systems
Essence Systems operates through Essence Systems Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Essence Systems Private Limited CIN U72900WB2008PTC131034 | Strike Off | 04 Dec 2008 | Kolkata, West Bengal | ₹1.0 Cr | 1 | 2 | View details |
Board of directors of Essence Systems Private Limited (Essence Systems)
Essence Systems Private Limited is the primary company behind Essence Systems. The board of Essence Systems Private Limited currently have 2 directors; the longest-serving is Sanjay Kumar Dwivedi, appointed in 2008.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Kumar Dwivedi DIN 02343588 | Director | 04 Dec 2008 | 17 yrs 10 mo | Essence Systems Private Limited |
| Suresh Bani Setty DIN 00404228 | Director | 04 Dec 2008 | 17 yrs 10 mo | Essence Systems Private Limited |
Financials of Essence Systems
Figures of Essence Systems Private Limited, the primary company behind Essence Systems, for FY 2017. Revenue was ₹98.7 Lakh (+2% year on year). Net profit was ₹5.7 Lakh (6% margin). EBITDA was ₹8.3 Lakh (8% margin). Revenue has grown at a compounded annual rate of +29% over three years.
- ₹98.7 LakhRevenue · FY 2017 · +2% YoY
- ₹5.7 LakhNet profit · 6% margin
- ₹8.3 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- 1Employees (provident fund records)
- +29%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Essence Systems Private Limited are on its company page.
Detailed financial statements for Essence Systems
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Similar companies to Essence Systems
Essence Systems 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 Essence Systems
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Essence Systems (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 Essence Systems
Essence Systems was founded in 2008.
Essence Systems is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Essence Systems has 1 employees.
The primary company behind Essence Systems, Essence Systems Private Limited, reported revenue of ₹98.7 Lakh for FY 2017, up 2% year on year.
Essence Systems, founded in 2008 in Kolkata, India, focuses on leveraging cutting-edge technology, providing IT services, information technology, and service provision. Provides IT services to support business operations and technology needs. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Essence Systems's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Essence Systems operates through Essence Systems Private Limited.
The legal entities of Essence Systems currently have 2 directors, including Sanjay Kumar Dwivedi, Suresh Bani Setty.