About Evolfinity
Evolfinity is a Technology company based in Bengaluru (India) founded in 2018. It provides comprehensive IT services including support, maintenance, and security. It operates on a B2B model. Its Indian entity Evolfinity Technologies Private Limited reported revenue of ₹18 Lakh. Its focus areas include Information Technology, IT Services and Support and Security. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Evolfinity provides comprehensive it services including support, maintenance, and security through leveraging cutting-edge technology, information technology, providing IT services, and support and security. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsTechnology
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- Website evolfinity.com
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- Legal Name Evolfinity Technologies Private Limited
- Date of Incorporation 28 Sep, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹18 Lakh
FY 2024 · -53% YoY
- Net Profit₹3.2 Lakh
FY 2024 · 18% margin
- EBITDA₹4 Lakh
FY 2024 · 22% margin
Associated legal entities of Evolfinity
Evolfinity operates through Evolfinity Technologies 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 |
|---|---|---|---|---|---|---|---|
| Evolfinity Technologies Private Limited CIN U72200KA2018PTC117010 | Active | 28 Sep 2018 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details |
Board of directors of Evolfinity Technologies Private Limited (Evolfinity)
Evolfinity Technologies Private Limited is the primary company behind Evolfinity. The board of Evolfinity Technologies Private Limited currently have 2 directors; the longest-serving is Sricharan Gadde, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sricharan Gadde DIN 08242141 | Director | 28 Sep 2018 | 8 yrs | Evolfinity Technologies Private Limited |
| Srikiran Gadde DIN 07628016 | Director | 28 Sep 2018 | 8 yrs | Evolfinity Technologies Private Limited |
Financials of Evolfinity
Figures of Evolfinity Technologies Private Limited, the primary company behind Evolfinity, for FY 2024. Revenue was ₹18 Lakh (-53% year on year). Net profit was ₹3.2 Lakh (18% margin). EBITDA was ₹4 Lakh (22% margin). Revenue has grown at a compounded annual rate of +29% over three years.
- ₹18 LakhRevenue · FY 2024 · -53% YoY
- ₹3.2 LakhNet profit · 18% margin
- ₹4 LakhEBITDA · 22% margin
- ₹1 LakhPaid-up capital
- +29%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Evolfinity Technologies Private Limited are on its company page.
Detailed financial statements for Evolfinity
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Competitors of Evolfinity
Evolfinity 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 Evolfinity
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Frequently Asked Questions about Evolfinity
Evolfinity was founded in 2018.
Evolfinity is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Evolfinity, Evolfinity Technologies Private Limited, reported revenue of ₹18 Lakh for FY 2024, down 53% year on year.
Evolfinity provides comprehensive it services including support, maintenance, and security through leveraging cutting-edge technology, information technology, providing IT services, and support and security. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Evolfinity's top competitors include Happiest Minds and Datamatics.
Evolfinity operates through Evolfinity Technologies Private Limited.
The legal entities of Evolfinity currently have 2 directors, including Sricharan Gadde, Srikiran Gadde.