About Facto Technology
Facto Technology is a Technology company based in Bengaluru (India) founded in 2021 by VijayKanth Srinivasan. It offers background verification solutions to support business hiring processes. It operates on a B2B model. Its chief executive, as recorded, is VijayKanth Srinivasan. Its Indian entity Facto Technology Private Limited reported revenue of ₹26.7 Lakh. Its focus areas include Security and Verification, HR Services and Background Checks. Its competitors include Perfios and IDfy; 2 of its 2 listed competitors have raised funding.
Company details
Facto Technology, established in 2021, excels in leveraging cutting-edge technology, security and verification, hr services, and background checks. Offers background verification solutions to support business hiring processes. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- Employees 1
- Founders VijayKanth Srinivasan
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website factotechnology.com
- Social LinkedIn X Facebook Instagram
- Legal Name Facto Technology Private Limited
- Date of Incorporation 29 Oct, 2021
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹26.7 Lakh
FY 2023 · +2574% YoY
- Net Loss-₹12.7 Lakh
FY 2023 · -47% margin
- EBITDA-₹12.5 Lakh
FY 2023 · -47% margin
- Employee Count1
Associated legal entities of Facto Technology
Facto Technology operates through Facto Technology Private 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 |
|---|---|---|---|---|---|---|---|
| Facto Technology Private Limited CIN U74140KA2021PTC153792 | Active | 29 Oct 2021 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
Board of directors of Facto Technology Private Limited (Facto Technology)
Facto Technology Private Limited is the primary company behind Facto Technology. The board of Facto Technology Private Limited currently have 2 directors; the longest-serving is Manoj Chandrappa, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Chandrappa DIN 02369176 | Director | 13 Dec 2021 | 4 yrs 11 mo | Facto Technology Private Limited |
| Srinivasan Vijaykanth DIN 09766260 | Director | 05 Dec 2022 | 3 yrs 11 mo | Facto Technology Private Limited |
People of Facto Technology
1 people are tracked at Facto Technology (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Facto Technology
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Financials of Facto Technology
Figures of Facto Technology Private Limited, the primary company behind Facto Technology, for FY 2023. Revenue was ₹26.7 Lakh (+2574% year on year). Net loss was -₹12.7 Lakh (-47% margin). EBITDA was -₹12.5 Lakh (-47% margin).
- ₹26.7 LakhRevenue · FY 2023 · +2574% YoY
- -₹12.7 LakhNet loss · -47% margin
- -₹12.5 LakhEBITDA · -47% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Facto Technology Private Limited are on its company page.
Detailed financial statements for Facto Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Competitors of Facto Technology
Facto Technology has 2 listed competitors in our database, 2 of them funded. They include Perfios and IDfy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | Provides financial technology solutions for data analysis and verification globally. | ||
| idfy.com | 2011 | Mumbai, India | $56.03M | 587 | Identity verification, background screening, and fraud prevention solutions are provided. |
Detailed competitors of Facto Technology
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Frequently Asked Questions about Facto Technology
Facto Technology was founded in 2021.
Facto Technology is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
VijayKanth Srinivasan is the CEO of Facto Technology, as recorded in our data. They have also founded this company.
Facto Technology has 1 employees.
The primary company behind Facto Technology, Facto Technology Private Limited, reported revenue of ₹26.7 Lakh for FY 2023, up 2574% year on year.
Facto Technology, established in 2021, excels in leveraging cutting-edge technology, security and verification, hr services, and background checks. Offers background verification solutions to support business hiring processes. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Facto Technology operates through Facto Technology Private Limited.
The legal entities of Facto Technology currently have 2 directors, including Manoj Chandrappa, Srinivasan Vijaykanth.