About Eternus Solutions
Eternus Solutions is a Technology company based in Pune (India) founded in 2010 by Jitendra Tanna, and was acquired by InfoBeans in October 2021. Application development, IT consulting, and data analytics services are offered. Eternus Solutions has raised $176.12 thousand across 1 funding round from investors including InfoBeans, Navinchandra Lakhani and Shital Pandit. Eternus Solutions was last valued at $1.78 million in August 2011. Its chief executive, as recorded, is Jitendra Tanna. Its Indian entity Infobeans Cloudtech Limited reported revenue of ₹74.77 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Eternus Solutions was founded in 2010 and is headquartered in Pune, India. IT services are provided by the company, focusing on application development, consulting, and data analytics. Operations are centered in the technology sector, with support for various business needs through customized solutions. The firm is led by its founder and CEO, Jitendra Tanna.
- Headquarters Pune, India
- Founders Jitendra Tanna
- Stage Acquired
- SectorsTechnology
- Website eternussolutions.com
- Social LinkedIn X Facebook
- Acquired by InfoBeans (Oct 2021)
- Legal Name Infobeans Cloudtech Limited
- Date of Incorporation 14 Oct, 2010
- Jurisdiction Indore, Madhya Pradesh, India
Associated legal entities of Eternus Solutions
Eternus Solutions operates through Infobeans Cloudtech 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 |
|---|---|---|---|---|---|---|---|
| Infobeans Cloudtech Limited CIN U72900MP2010PLC069518 | Active | 14 Oct 2010 | Indore, Madhya Pradesh | ₹74.8 Cr | 4 | View details |
Funding Insights of Eternus Solutions
Eternus Solutions has successfully raised a total of $176.12K through 1 strategic funding round. The most recent funding activity was a Seed round of $176.12 thousand completed in August 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $176,121
- Total Rounds 1
- Last Round Seed — $176,121
- First Round $176,121
(Aug 2011)
- Investors Count 7
All 1 funding rounds of Eternus Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $176,121 | Seed | $1.78M | Priyanka Malhotra |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2011 | $1.78M | •••••••• |
Last known valuation $1.78M (Aug 2011). 8 investors in total: 1 institutional and 7 angel.
Investors in Eternus Solutions
Eternus Solutions has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include InfoBeans, Navinchandra Lakhani and Shital Pandit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software solutions are developed for global enterprises across verticals. | 2000 | infobeans.com | Indore, India | |
NL Navinchandra Lakhani | unknown_d4a9c56c493c41f7b | |||
SP Shital Pandit | unknown_d6f0584465904803a | |||
PM Priyanka Malhotra | unknown_5ceeb8409e2348dca | |||
HS Harbinder Saini | Angel investor and tech entrepreneur with focus on early-stage startups in India. | unknown_92122879a683441aa | ||
JT Jitendra Tanna | Angel investor and entrepreneur, co-founder of Notion Advisors, focused on startups | unknown_873e97010fbc4fa4a | ||
SM Shreyas Merchant | unknown_6678f5c649044d608 | |||
NL Navinchandra Lakhani | unknown_52208e2490cc4075a |
Investor details for Eternus Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Infobeans Cloudtech Limited (Eternus Solutions)
Infobeans Cloudtech Limited is the primary company behind Eternus Solutions. The board of Infobeans Cloudtech Limited currently have 4 directors; the longest-serving is Mitesh Bohra, appointed in 2021. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mitesh Bohra DIN 01567885 | Director | 10 Dec 2021 | 4 yrs 10 mo | Infobeans Cloudtech Limited |
| Avinash Sethi DIN 01548292 | Director | 10 Dec 2021 | 4 yrs 10 mo | Infobeans Cloudtech Limited |
| Siddharth Sethi DIN 01548305 | Director | 10 Dec 2021 | 4 yrs 10 mo | Infobeans Cloudtech Limited |
| Sumer Bahadur Singh DIN 07514667 | Director | 10 May 2023 | 3 yrs 5 mo | Infobeans Cloudtech Limited |
People of Eternus Solutions
19 people are tracked at Eternus Solutions (5 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Shreyas Merchant | EVP & COO | Leadership |
Kunal Adhikari | Director, Customer Acquisition | Leadership |
Dayaldas Vuppulury | Delivery Director, Growth Markets | Leadership |
Jigar Shah | Director, Technology | Leadership |
Dhanshree Jagtap | TL | Team |
Ashutosh Dave | Senior System Executive | Team |
Saurabh Kasar | Senior System Engineer | Team |
Anita P. | Manager | Team |
Christian Sibin | Assistant Manager Recruitment | Team |
keerti vajpayee | Sr. manager | Team |
Shraddha Nanda | Sr. Finance Manager | Team |
Kishan Kumar | Senior Salesforce Developer | Team |
Rishabh Singh Tomar | Senior Software Engineer | Team |
Baban Shinde | Senior System Engineer | Team |
Mohd Aamer Iqbal | Senior Software Engineer | Team |
Manisha Takale | Senior System Engineer | Team |
Milind Gite | Senior Software Engineer | Team |
Remya Panikar | Technical Lead | Team |
Complete people profiles for Eternus Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Eternus Solutions
Figures of Infobeans Cloudtech Limited, the primary company behind Eternus Solutions, for FY 2023. Revenue was ₹74.77 Cr (+13% year on year). Net profit was ₹19.97 Cr (27% margin). EBITDA was ₹28.91 Cr (39% margin). Revenue has grown at a compounded annual rate of +36% over three years and +25% over five years.
- ₹74.77 CrRevenue · FY 2023 · +13% YoY
- ₹19.97 CrNet profit · 27% margin
- ₹28.91 CrEBITDA · 39% margin
- +36%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Infobeans Cloudtech Limited are on its company page.
Detailed financial statements for Eternus Solutions
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.
Timeline of Eternus Solutions
4 dated milestones of Eternus Solutions across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Eternus Solutions is founded.
- Funding First funding round of $176K.
- Milestone Reaches Minicorn status.
- Exit Acquired by InfoBeans.
Competitors of Eternus Solutions
Eternus Solutions has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Eternus Solutions
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Web traffic of Eternus Solutions
The website of Eternus Solutions (eternussolutions.com) receives about 2K visits a month.
- Monthly visits2K
▲ 385.5% vs previous month
Websites whose visitors overlap most with Eternus Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bitcode.in | 100% | 2.6K | #6,591,678 | View details | |
prismitindia.com | prismitindia.com | 99% | #3,655,340 | – | |
| zensoftservices.com | 99% | 5.9K | #3,433,233 | View details | |
| itcube.net | 91% | 3.5K | #5,187,471 | View details | |
| sumasoft.com | 91% | #1,241,671 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Eternus Solutions
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- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Eternus Solutions
Complete news archive for Eternus Solutions
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Frequently Asked Questions about Eternus Solutions
Eternus Solutions was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Eternus Solutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Jitendra Tanna is the CEO of Eternus Solutions, as recorded in our data. They have also founded this company.
Eternus Solutions is a funded company, having raised a total of $176.12K across 1 funding round to date. The company's 1st funding round was a Seed of $176.12K, raised on Aug 2011.
The primary company behind Eternus Solutions, Infobeans Cloudtech Limited, reported revenue of ₹74.77 Cr for FY 2023, up 13% year on year.
Eternus Solutions was founded in 2010 and is headquartered in Pune, India. IT services are provided by the company, focusing on application development, consulting, and data analytics. Operations are centered in the technology sector, with support for various business needs through customized solutions. The firm is led by its founder and CEO, Jitendra Tanna.
Eternus Solutions's top competitors include Happiest Minds and Datamatics.
Eternus Solutions has 8 investors. Key investors include InfoBeans, Navinchandra Lakhani, Shital Pandit, Priyanka Malhotra, and Harbinder Saini.
The valuation of Eternus Solutions is $1.78M as of Aug 2011.
Eternus Solutions operates through Infobeans Cloudtech Limited.
Yes. Eternus Solutions was acquired by InfoBeans in October 2021.
The legal entities of Eternus Solutions currently have 4 directors, including Mitesh Bohra, Sumer Bahadur Singh, Avinash Sethi and others.