About First Rate Infotech
First Rate Infotech is a Business Services company based in Hyderabad (India) by David Albert Stone. It offers accounting, payroll, compliance, and medical coding services worldwide. It operates on a B2B model. The company has 26 employees. Its Indian entity Firstrate Infotech Private Limited reported revenue of ₹4.09 Cr. First Rate Infotech offers products and services including Accounting and Payroll Processing, Compliance Management, Revenue Cycle Management and Medical Coding, Security Management, and DASS. Its focus areas include Financial Services, Accounting, Payroll Processing and Compliance. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
First Rate Infotech specializes in financial and operational services, including accounting, payroll processing, compliance management, and medical coding. They deliver AI-powered solutions for data aggregation and reporting to enhance business efficiency. Operating from multiple global locations like Hyderabad, India, and Arlington, USA, they serve various industries with tailored HR and security management services, ensuring streamlined operations for clients.
- Headquarters Hyderabad, India
- Employees 26
- Founders David Albert Stone
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website firstrateindia.com
- Legal Name Firstrate Infotech Private Limited
- Date of Incorporation 23 Jul, 2013
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹4.09 Cr
FY 2025 · +1% YoY
- Net Loss-₹7.1 Lakh
FY 2025 · -2% margin
- EBITDA₹4.9 Lakh
FY 2025 · 1% margin
- Employee Count26
Associated legal entities of First Rate Infotech
First Rate Infotech operates through Firstrate Infotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Firstrate Infotech Private Limited CIN U72300TG2013PTC145181 | Active | 23 Jul 2013 | Secunderabad, Telangana | ₹4.1 Cr | 26 | 3 | View details |
Products & Services of First Rate Infotech
First Rate Infotech offers a comprehensive portfolio of products and services, including Accounting and Payroll Processing, Compliance Management, Revenue Cycle Management and Medical Coding, Security Management, and DASS.
Manages accounting and payroll for business operations efficiently.
Ensures regulatory compliance for various organizational needs.
Handles medical coding and revenue processes for healthcare providers.
Provides security solutions to protect business data and operations.
Offers data aggregation for financial and operational insights.
Delivers AI-powered analytical insights for business decisions.
Board of directors of Firstrate Infotech Private Limited (First Rate Infotech)
Firstrate Infotech Private Limited is the primary company behind First Rate Infotech. The board of Firstrate Infotech Private Limited currently have 3 directors; the longest-serving is David Albert Stone, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| David Albert Stone DIN 06564475 | Director | 23 Jul 2013 | 13 yrs 3 mo | Firstrate Infotech Private Limited |
| Jessica Pagadala DIN 07257998 | Director | 19 Jul 2018 | 8 yrs 3 mo | Firstrate Infotech Private Limited |
| Goyal Veparala DIN 09382663 | Director | 27 Nov 2021 | 4 yrs 11 mo | Firstrate Infotech Private Limited |
People of First Rate Infotech
1 people are tracked at First Rate Infotech (1 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for First Rate Infotech
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Financials of First Rate Infotech
Figures of Firstrate Infotech Private Limited, the primary company behind First Rate Infotech, for FY 2025. Revenue was ₹4.09 Cr (+1% year on year). Net loss was -₹7.1 Lakh (-2% margin). EBITDA was ₹4.9 Lakh (1% margin). Revenue has grown at a compounded annual rate of -24% over three years and +11% over five years.
- ₹4.09 CrRevenue · FY 2025 · +1% YoY
- -₹7.1 LakhNet loss · -2% margin
- ₹4.9 LakhEBITDA · 1% margin
- ₹1.8 LakhPaid-up capital
- 26Employees (provident fund records)
- -24%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Firstrate Infotech Private Limited are on its company page.
Detailed financial statements for First Rate Infotech
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Competitors of First Rate Infotech
First Rate Infotech 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 First Rate Infotech
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Related news about First Rate Infotech
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Frequently Asked Questions about First Rate Infotech
First Rate Infotech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
First Rate Infotech has 26 employees.
The primary company behind First Rate Infotech, Firstrate Infotech Private Limited, reported revenue of ₹4.09 Cr for FY 2025, up 1% year on year.
First Rate Infotech specializes in financial and operational services, including accounting, payroll processing, compliance management, and medical coding. They deliver AI-powered solutions for data aggregation and reporting to enhance business efficiency. Operating from multiple global locations like Hyderabad, India, and Arlington, USA, they serve various industries with tailored HR and security management services, ensuring streamlined operations for clients.
First Rate Infotech's top competitors include Happiest Minds and Datamatics.
First Rate Infotech offers Accounting and Payroll Processing, Compliance Management, Revenue Cycle Management and Medical Coding, Security Management, and 2 more products and services.
First Rate Infotech operates through Firstrate Infotech Private Limited.
The legal entities of First Rate Infotech currently have 3 directors, including David Albert Stone, Goyal Veparala, Jessica Pagadala.