FireFly Networks

Delhi, India Founded: 2014 • Age: 12 yrs Acquired By iBUS
WiFi internet and mobile connectivity services are provided to businesses.

About FireFly Networks

FireFly Networks is a Telecommunications company based in Delhi (India) founded in 2014, and was acquired by iBUS in January 2025. WiFi internet and mobile connectivity services are provided to businesses. The company has 25 employees. Its chief executive, as recorded, is Raj Sethia. Its Indian entity Firefly Networks Limited reported revenue of β‚Ή9.80 Cr. FireFly Networks offers products and services including Mobility, Managed Wi-Fi, and iBOS. Its focus areas include Telecom, Telecom Operators, Broadband and Wireless.

Company details

FireFly Networks was established in 2014 in Delhi, India, within the telecommunications sector. Mobile connectivity, WiFi hotspots, and internet services are offered to support operations across diverse industries. Businesses are enabled to improve customer interactions and financial outcomes through these connectivity solutions, with a focus on reliable network access in urban and mobile environments.

Key Metrics
  • Annual Revenue
    ₹9.80 Cr

    FY 2024 · -50% YoY

  • Net Loss
    -₹10.95 Cr

    FY 2024 · -112% margin

  • EBITDA
    -₹7.80 Cr

    FY 2024 · -80% margin

  • Investors
  • Employee Count
    25
  • Acquired by
    iBUS

    (Jan 2025)

Products & Services of FireFly Networks

FireFly Networks offers a comprehensive portfolio of products and services, including Mobility, Managed Wi-Fi, and iBOS.

Mobility
Connectivity Service

Provides in-building mobile network solutions for seamless coverage

Managed Wi-Fi
Network Service

Offers fast and scalable Wi-Fi for enterprises and public spaces

iBOS
Building System

Intelligent operating system for efficient building management

Investors in FireFly Networks

FireFly Networks has secured backing from 1 investor. Prominent investors backing the company include iBUS.

All
InvestorDescriptionFounded YearDomainLocation
Provider of digital infrastructure and connectivity solutions for businesses and institutions
2010ibusglobal.comBengaluru, India
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Investor details for FireFly Networks

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Board of directors of Firefly Networks Limited (FireFly Networks)

Firefly Networks Limited is the primary company behind FireFly Networks. The board of Firefly Networks Limited currently have 3 directors; the longest-serving is Subash Vasudevan, appointed in 2025. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Subash Vasudevan
DIN 02957684
Director06 Feb 20251 yr 9 moFirefly Networks Limited
Sunil Menon
DIN 03324763
Director06 Feb 20251 yr 9 moFirefly Networks Limited
Ramarathinam Sellaratnam
DIN 07174746
Director06 Feb 20251 yr 9 moFirefly Networks Limited

People of FireFly Networks

2 people are tracked at FireFly Networks (2 in leadership); the tracked headcount is 25.

NameRoleGroup
Michael Connell
Managing DirectorLeadership
Raj Sethia
CEOLeadership
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Financials of FireFly Networks

Figures of Firefly Networks Limited, the primary company behind FireFly Networks, for FY 2024. Revenue was ₹9.80 Cr (-50% year on year). Net loss was -₹10.95 Cr (-112% margin). EBITDA was -₹7.80 Cr (-80% margin). Revenue has grown at a compounded annual rate of -14% over three years and -9% over five years.

  • ₹9.80 CrRevenue · FY 2024 · -50% YoY
  • -₹10.95 CrNet loss · -112% margin
  • -₹7.80 CrEBITDA · -80% margin
  • ₹2.00 CrPaid-up capital
  • 25Employees (provident fund records)
  • -14%Revenue CAGR, 3 years
  • -9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Firefly Networks Limited are on its company page.

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Timeline of FireFly Networks

2 dated milestones of FireFly Networks across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded FireFly Networks is founded.
  2. Exit Acquired by iBUS.
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Frequently Asked Questions about FireFly Networks

FireFly Networks was founded in 2014.

FireFly Networks is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Raj Sethia is the CEO of FireFly Networks, as recorded in our data.

FireFly Networks has 25 employees.

The primary company behind FireFly Networks, Firefly Networks Limited, reported revenue of β‚Ή9.80 Cr for FY 2024, down 50% year on year.

FireFly Networks was established in 2014 in Delhi, India, within the telecommunications sector. Mobile connectivity, WiFi hotspots, and internet services are offered to support operations across diverse industries. Businesses are enabled to improve customer interactions and financial outcomes through these connectivity solutions, with a focus on reliable network access in urban and mobile environments.

FireFly Networks offers Mobility, Managed Wi-Fi, and iBOS.

FireFly Networks has 1 investor. Key investors include iBUS.

FireFly Networks operates through Firefly Networks Limited.

Yes. FireFly Networks was acquired by iBUS in January 2025.

The legal entities of FireFly Networks currently have 3 directors, including Subash Vasudevan, Sunil Menon, Ramarathinam Sellaratnam.

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