About Favsys
Favsys is a company based in Prayagraj (India). It operates as a B2B. Favsys operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Prayagraj, India
- SectorsTechnology
- Website favsys.co.in
- Legal Name Favsys Technologies (Opc) Private Limited
- Date of Incorporation 11 Sep, 2017
- Jurisdiction Allahabad, Uttar Pradesh, India
- Annual Revenue₹1.8 Lakh
FY 2023 · -36% YoY
- Net Profit₹18,871
FY 2023 · 11% margin
- EBITDA₹79,413
FY 2023 · 45% margin
Associated legal entities of Favsys
Favsys operates through Favsys Technologies (Opc) 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 |
|---|---|---|---|---|---|---|---|
| Favsys Technologies (Opc) Private Limited CIN U72900UP2017OPC096838 | Active | 11 Sep 2017 | Allahabad, Uttar Pradesh | ₹0.0 Cr | – | 1 | View details |
Board of directors of Favsys Technologies (Opc) Private Limited (Favsys)
Favsys Technologies (Opc) Private Limited is the primary company behind Favsys. The board of Favsys Technologies (Opc) Private Limited currently has 1 director; the longest-serving is Digvijay Mishra, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Digvijay Mishra DIN 07935473 | Director | 11 Sep 2017 | 9 yrs | Favsys Technologies (Opc) Private Limited |
Financials of Favsys
Figures of Favsys Technologies (Opc) Private Limited, the primary company behind Favsys, for FY 2023. Revenue was ₹1.8 Lakh (-36% year on year). Net profit was ₹18,871 (11% margin). EBITDA was ₹79,413 (45% margin). Revenue has grown at a compounded annual rate of -22% over three years and +31% over five years.
- ₹1.8 LakhRevenue · FY 2023 · -36% YoY
- ₹18,871Net profit · 11% margin
- ₹79,413EBITDA · 45% margin
- ₹1 LakhPaid-up capital
- -22%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Favsys Technologies (Opc) Private Limited are on its company page.
Detailed financial statements for Favsys
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Competitors of Favsys
Favsys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of Favsys
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to Favsys
10 companies that operate in the same segment as Favsys (MarketingTech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Zeta Global is recognized as an AI-powered marketing cloud. | 2007 | New York, New York, United States | USD 360.17 M | USD 1.3 B | 2,190 | |
Multi-channel online marketing tools are provided for small businesses. | 1998 | Waltham, Massachusetts, United States | USD 37 M | – | – | |
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Mobile marketing platform for attribution and user acquisition | 2012 | San Francisco, California, United States | USD 1.72 B | USD 4.71 B | 1,560 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | – | USD 23.77 B | 30,710 | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
Video hosting, creation, management, and streaming services are provided. | 2004 | New York, New York, United States | USD 450 M | USD 417.01 M | 1,100 |
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Frequently Asked Questions about Favsys
Favsys is headquartered in Prayagraj, India. It is registered at Prayagraj, Uttar Pradesh, India.
The primary company behind Favsys, Favsys Technologies (Opc) Private Limited, reported revenue of ₹1.8 Lakh for FY 2023, down 36% year on year.
Favsys provides application development and digital marketing services to enhance business strategies, focusing on information technology, digital services, application development, and providing digital marketing. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Favsys's top competitors include Hedgehog lab, AlmavivA and AKQA.
Favsys operates through Favsys Technologies (Opc) Private Limited.
The legal entities of Favsys currently have 1 director, including Digvijay Mishra.