Foraysoft

Hyderabad, India Founded: 2011 • Age: 15 yrs
Offers IT consulting, cloud migration, OEM products, and staff augmentation for businesses.

About Foraysoft

Foraysoft is a Technology company based in Hyderabad (India) founded in 2011. It offers IT consulting, cloud migration, OEM products, and staff augmentation for businesses. It operates on a B2B and Service-based Consulting model in Technology and Business Services sectors. The company has 1,096 employees. Its Indian entity Foray Software Private Limited reported revenue of β‚Ή119 Cr. Foraysoft offers products and services including Consulting, Cloud Adoption, OEM Certified Product, and Staff Augmentation. Its focus areas include Information Technology, Consulting Services, IT Consulting and Cloud and Software Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Foraysoft is an IT services company based in Hyderabad, India, specializing in consulting for technologies like SAP and Oracle. They assist with cloud adoption on platforms such as AWS and Azure using agile methodologies. The company provides OEM certified products and staff augmentation to align client resources with business goals, ensuring accountability and faster growth through innovative solutions and rigorous quality checks.

Key Metrics
  • Annual Revenue
    ₹119 Cr

    FY 2025 · -36% YoY

  • Net Profit
    ₹40.02 Cr

    FY 2025 · 34% margin

  • EBITDA
    ₹53.26 Cr

    FY 2025 · 45% margin

  • Employee Count
    1,096

Products & Services of Foraysoft

Foraysoft offers a comprehensive portfolio of products and services, including Consulting, Cloud Adoption, OEM Certified Product, and Staff Augmentation.

Consulting
IT Services

Provides expertise in SAP, Oracle, and Salesforce to meet business needs.

Cloud Adoption
Cloud Services

Migrates systems to Azure, AWS, or GCP for operational advantages.

OEM Certified Product
Software Solutions

Offers regulated tools to enhance efficiency and reduce costs.

Staff Augmentation
Talent Management

Delivers extended teams of experts across India and the US.

Board of directors of Foray Software Private Limited (Foraysoft)

Foray Software Private Limited is the primary company behind Foraysoft. The board of Foray Software Private Limited currently have 3 directors; the longest-serving is Vasu Babu Vajja, appointed in 2011. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vasu Babu Vajja
DIN 02346159
Director23 Mar 201115 yrs 7 moForay Software Private Limited
Akhila Chunchu
DIN 03480706
Director23 Mar 201115 yrs 7 moForay Software Private Limited
Anjaneyulu Chunchu
DIN 02707299
Director05 Aug 201511 yrs 2 moForay Software Private Limited

People of Foraysoft

1 people are tracked at Foraysoft (1 in leadership); the tracked headcount is 1,096.

NameRoleGroup
Managing Director & CEOLeadership
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Financials of Foraysoft

Figures of Foray Software Private Limited, the primary company behind Foraysoft, for FY 2025. Revenue was ₹119 Cr (-36% year on year). Net profit was ₹40.02 Cr (34% margin). EBITDA was ₹53.26 Cr (45% margin). Revenue has grown at a compounded annual rate of -16% over three years and -3% over five years.

  • ₹119 CrRevenue · FY 2025 · -36% YoY
  • ₹40.02 CrNet profit · 34% margin
  • ₹53.26 CrEBITDA · 45% margin
  • ₹1.21 CrPaid-up capital
  • 1,096Employees (provident fund records)
  • -16%Revenue CAGR, 3 years
  • -3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Foray Software Private Limited are on its company page.

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Detailed financial statements for Foraysoft

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Competitors of Foraysoft

Foraysoft has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Foraysoft

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Web traffic of Foraysoft

Websites that share an audience with Foraysoft (foraysoft.com).

Similar websites

Websites whose visitors overlap most with Foraysoft. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
savantis.com
100%
4.9K#3,711,572View details
thryvedigital.com
100%
2.5K#6,710,959View details
intouchcx.com
99%
131.2K#208,774View details
tvisha.com
97%
10.6K#2,310,323View details
iprismtech.com
96%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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  • 11 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

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Frequently Asked Questions about Foraysoft

Foraysoft was founded in 2011.

Foraysoft is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Foraysoft has 1,096 employees.

The primary company behind Foraysoft, Foray Software Private Limited, reported revenue of β‚Ή119 Cr for FY 2025, down 36% year on year.

Foraysoft is an IT services company based in Hyderabad, India, specializing in consulting for technologies like SAP and Oracle. They assist with cloud adoption on platforms such as AWS and Azure using agile methodologies. The company provides OEM certified products and staff augmentation to align client resources with business goals, ensuring accountability and faster growth through innovative solutions and rigorous quality checks.

Foraysoft's top competitors include Happiest Minds and Datamatics.

Foraysoft offers Consulting, Cloud Adoption, OEM Certified Product, and Staff Augmentation.

Foraysoft operates through Foray Software Private Limited.

The legal entities of Foraysoft currently have 3 directors, including Vasu Babu Vajja, Akhila Chunchu, Anjaneyulu Chunchu.

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