About Futuretek
Futuretek is a Technology company based in Jaipur (India) founded in 2020. Provider of IT consulting services. Futuretek has raised $4.06 million across 6 funding rounds from investors including ITI Growth Opportunities, Anikarth Ventures and Navlok Ventures. The company has 145 employees. Futuretek was last valued at $30.54 million in May 2023. Its Indian entity Futuretek Commerce Private Limited reported revenue of ₹55.50 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Persistent and Happiest Minds; 2 of its 2 listed competitors have raised funding.
Company details
Futuretek was established in 2020 in Jaipur, India, within the IT sector. A variety of consulting services is delivered by the company, encompassing website and software development, bulk messaging systems, customer relationship management tools, payment and portal solutions, voice messaging, SMS capabilities, GPS tracking devices, and content management systems. Operations focus on technology solutions for diverse business needs in the region.
- Headquarters Jaipur, India
- Employees 145
- Stage Minicorn
- SectorsTechnology
- Website futuretek.in
- Legal Name Futuretek Commerce Private Limited
- Date of Incorporation 05 Oct, 2020
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹55.50 Cr
FY 2025 · +214% YoY
- Net Profit₹1.22 Cr
FY 2025 · 2% margin
- EBITDA₹6.76 Cr
FY 2025 · 12% margin
- Total Equity Funding$4.06M (USD)
in 6 rounds
- Latest Funding Round$317K (USD), Seed
May 2023
- InvestorsITI Growth Opportunities
& 34 more
- Employee Count145
Associated legal entities of Futuretek
Futuretek operates through Futuretek Commerce 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 |
|---|---|---|---|---|---|---|---|
| Futuretek Commerce Private Limited CIN U72900RJ2020PTC071348 | Active | 05 Oct 2020 | Jaipur, Rajasthan | ₹55.5 Cr | 145 | 7 | View details |
Funding Insights of Futuretek
Futuretek has successfully raised a total of $4.06M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $317 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.06M
- Total Rounds 6
- Last Round Seed — $317,000
- First Round $41,000
(Dec 2020)
- Investors Count 35
All 6 funding rounds of Futuretek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $317,000 | Seed | $30.54M | – | |
| Mar 2023 | $61,598 | Angel Round | $30.45M | – | – |
| Nov 2022 | $617,900 | Angel Round | $••••• | – | |
| Dec 2021 | $920,300 | Seed | $••••• | – | |
| Mar 2021 | $2.1M | Angel Round | $••••• | – | |
| Dec 2020 | $41,000 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $30.54M | •••••••• |
| Mar 2023 | $30.45M | •••••••• |
| Nov 2022 | $••••• | •••••••• |
| Dec 2021 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
Full valuation and stage history of Futuretek
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $30.54M (May 2023). 35 investors in total: 5 institutional and 30 angel.
Investors in Futuretek
Futuretek has secured backing from 35 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ITI Growth Opportunities, Anikarth Ventures and Navlok Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector agnostic VC firm investing in startups | 2010 | navlok.com | Hyderabad, India | |
Venture capital fund focused on tech startups | Hyderabad, India | |||
Investment in startups across aerospace, electric vehicles, and personal wellness sectors. | 2018 | itigo.in | Mumbai, India | |
Venture capital firm investing in early-stage tech startups | 2023 | anikarthventures.com | Kanpur, India | |
NK Navin Kumar Gupta | unknown_81cae728613648e09 | |||
VL Vivek Lodha | unknown_9d5ab272bb894f7e8 | |||
YC Yogesh Chaudhary | Angel investor, founder of Jaipur Rugs, focusing on social impact | unknown_0b5b0640637142338 | ||
SK Sunil Karnavat | unknown_5fc27c20953c4de08 | |||
VK Vikram Karnavat | unknown_08721e1770f24c748 |
Investor details for Futuretek
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Board of directors of Futuretek Commerce Private Limited (Futuretek)
Futuretek Commerce Private Limited is the primary company behind Futuretek. The board of Futuretek Commerce Private Limited currently have 6 directors; the longest-serving is Sunita Sharma, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunita Sharma DIN 06623197 | Director | 05 Oct 2020 | 6 yrs 1 mo | Futuretek Commerce Private Limited |
| Mahavir Pratap Sharma DIN 01852846 | Director | 30 Nov 2020 | 5 yrs 11 mo | Futuretek Commerce Private Limited |
| Pravin Kumar Sharma DIN 06966025 | Director | 30 Nov 2020 | 5 yrs 11 mo | Futuretek Commerce Private Limited |
| Sunit Karnawat DIN 02561644 | Director | 09 Aug 2021 | 5 yrs 3 mo | Futuretek Commerce Private Limited |
| Mohit Mahendra Gulati DIN 07079838 | Director | 28 Jun 2022 | 4 yrs 4 mo | Futuretek Commerce Private Limited |
| Mradul Baheti DIN 10141880 | Director | 02 May 2023 | 3 yrs 6 mo | Futuretek Commerce Private Limited |
Financials of Futuretek
Figures of Futuretek Commerce Private Limited, the primary company behind Futuretek, for FY 2025. Revenue was ₹55.50 Cr (+214% year on year). Net profit was ₹1.22 Cr (2% margin). EBITDA was ₹6.76 Cr (12% margin). Revenue has grown at a compounded annual rate of +172% over three years.
- ₹55.50 CrRevenue · FY 2025 · +214% YoY
- ₹1.22 CrNet profit · 2% margin
- ₹6.76 CrEBITDA · 12% margin
- ₹2.5 LakhPaid-up capital
- 145Employees (provident fund records)
- +172%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Futuretek Commerce Private Limited are on its company page.
Detailed financial statements for Futuretek
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Futuretek
4 dated milestones of Futuretek across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Futuretek is founded.
- Funding First funding round of $41K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $317K.
Competitors of Futuretek
Futuretek has 2 listed competitors in our database, 2 of them funded. They include Persistent and Happiest Minds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of Futuretek
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Related news about Futuretek
Complete news archive for Futuretek
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Frequently Asked Questions about Futuretek
Futuretek was founded in 2020.
Futuretek is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Futuretek is a funded company, having raised a total of $4.06M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $41K, raised on Dec 2020.
Futuretek has 145 employees.
The primary company behind Futuretek, Futuretek Commerce Private Limited, reported revenue of ₹55.50 Cr for FY 2025, up 214% year on year.
Futuretek was established in 2020 in Jaipur, India, within the IT sector. A variety of consulting services is delivered by the company, encompassing website and software development, bulk messaging systems, customer relationship management tools, payment and portal solutions, voice messaging, SMS capabilities, GPS tracking devices, and content management systems. Operations focus on technology solutions for diverse business needs in the region.
Futuretek's top competitors include Happiest Minds and Persistent.
Futuretek has 35 investors. Key investors include ITI Growth Opportunities, Anikarth Ventures, Navlok Ventures, Shreyapetrochem, and Navin Kumar Gupta.
The valuation of Futuretek is $30.54M as of May 2023.
Futuretek operates through Futuretek Commerce Private Limited.
The legal entities of Futuretek currently have 6 directors, including Sunit Karnawat, Mahavir Pratap Sharma, Sunita Sharma and others.