About Garruda Technovate
Garruda Technovate is a Technology company. It operates as an IT solutions for petrol pump operations, accounting, and inventory management in India. It operates in the Technology and Energy & Utilities sectors. Its Indian entity Garruda Technovate Private Limited reported revenue of ₹5.05 Cr. Garruda Technovate offers products and services including Garruda POS and Tally Solutions. Its focus areas include Information Technology, Accounting Software, Financial Solutions and Tally Integration.
Company details
Garruda Technovate Pvt. Ltd is recognized as a provider of IT solutions, particularly for petrol pump operations and management software, integrated with accounting tools like Tally. It is associated with the Siyaram Bros group, which has been involved in auto parts distribution since 1922, bringing over 25 years of expertise in Tally usage. Solutions such as Garruda POS and Garruda SSV are utilized to ensure real-time data accuracy, process control, and scalability for businesses, including MSME petrol pump owners and automotive dealers. Commitments to deliver reliable services are maintained by a team of qualified personnel, focusing on cost-effective recommendations based on practical experience.
- SectorsTechnologyEnergy & Utilities
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- Legal Name Garruda Technovate Pvt. Ltd
- Date of Incorporation 28 Aug, 1992
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹5.05 Cr
FY 2025 · +9% YoY
- Net Profit₹8 Lakh
FY 2025 · 2% margin
- EBITDA₹1.06 Cr
FY 2025 · 21% margin
Associated legal entities of Garruda Technovate
Garruda Technovate operates through Garruda Technovate 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 |
|---|---|---|---|---|---|---|---|
| Garruda Technovate Private Limited CIN U74899DL1992PTC050110 | Active | 28 Aug 1992 | New Delhi, Delhi | ₹5.1 Cr | – | 2 | View details |
Products & Services of Garruda Technovate
Garruda Technovate offers a comprehensive portfolio of products and services, including Garruda POS and Tally Solutions.
A web and mobile-based solution is utilized for managing petrol pump operations and credit sales cycles through digitization
Software is employed for accounting, inventory, and operations, providing real-time data accuracy and analysis for business management
Board of directors of Garruda Technovate Private Limited (Garruda Technovate)
Garruda Technovate Private Limited is the primary company behind Garruda Technovate. The board of Garruda Technovate Private Limited currently have 2 directors; the longest-serving is Ashwani Gupta, appointed in 1992. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashwani Gupta DIN 00662878 | Director | 28 Aug 1992 | 34 yrs 1 mo | Garruda Technovate Private Limited |
| Shailja Gupta DIN 00662910 | Director | 20 Jul 2004 | 22 yrs 2 mo | Garruda Technovate Private Limited |
Financials of Garruda Technovate
Figures of Garruda Technovate Private Limited, the primary company behind Garruda Technovate, for FY 2025. Revenue was ₹5.05 Cr (+9% year on year). Net profit was ₹8 Lakh (2% margin). EBITDA was ₹1.06 Cr (21% margin). Revenue has grown at a compounded annual rate of +24% over three years and +22% over five years.
- ₹5.05 CrRevenue · FY 2025 · +9% YoY
- ₹8 LakhNet profit · 2% margin
- ₹1.06 CrEBITDA · 21% margin
- ₹12.1 LakhPaid-up capital
- +24%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Garruda Technovate Private Limited are on its company page.
Detailed financial statements for Garruda Technovate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Garruda Technovate (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | – |
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Frequently Asked Questions about Garruda Technovate
The primary company behind Garruda Technovate, Garruda Technovate Private Limited, reported revenue of ₹5.05 Cr for FY 2025, up 9% year on year.
Garruda Technovate Pvt. Ltd is recognized as a provider of IT solutions, particularly for petrol pump operations and management software, integrated with accounting tools like Tally. It is associated with the Siyaram Bros group, which has been involved in auto parts distribution since 1922, bringing over 25 years of expertise in Tally usage. Solutions such as Garruda POS and Garruda SSV are utilized to ensure real-time data accuracy, process control, and scalability for businesses, including MSME petrol pump owners and automotive dealers. Commitments to deliver reliable services are maintained by a team of qualified personnel, focusing on cost-effective recommendations based on practical experience.
Garruda Technovate offers Garruda POS and Tally Solutions.
Garruda Technovate operates through Garruda Technovate Private Limited.
The legal entities of Garruda Technovate currently have 2 directors, including Ashwani Gupta, Shailja Gupta.