About Graspear
Graspear is a company based in Mumbai (India) founded in 2020. It provides infrastructure, cloud, engineering, and AI services to multiple sectors worldwide. It operates on a B2B and SaaS model. The company has 1 employees. Its Indian entity Graspear Solutions Private Limited reported revenue of ₹29.7 Lakh. Graspear offers products and services including AI Services, Infrastructure and Cloud Services, Engineering Services, AIMS, and Xi-Performer. Its focus areas include Technology, AI Tech, AI Services and Cloud Computing. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed similar companies have raised funding.
Company details
Graspear Solutions delivers IT services including infrastructure and cloud solutions, engineering expertise, and AI innovations. They develop products like AIMS and Xi-Performer through partnerships with tech leaders such as NVIDIA and AWS. Based in Madurai, India, they serve industries like civil, healthcare, automotive, manufacturing, logistics, and retail, focusing on digital transformation and customized solutions.
- Headquarters Mumbai, India
- Employees 1
- Email••••••••
- Phone•••• ••••
- Website graspear.com
- Legal Name Graspear Solutions Private Limited
- Date of Incorporation 21 Dec, 2020
- Jurisdiction Madurai, Tamil Nadu, India
- Annual Revenue₹29.7 Lakh
FY 2024 · -13% YoY
- Net Loss-₹1.5 Lakh
FY 2024 · -5% margin
- EBITDA₹2.6 Lakh
FY 2024 · 9% margin
- Employee Count1
Associated legal entities of Graspear
Graspear operates through Graspear Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Graspear Solutions Private Limited CIN U72900TN2020PTC140249 | Active | 21 Dec 2020 | Madurai, Tamil Nadu | ₹0.3 Cr | – | 3 | View details |
Products & Services of Graspear
Graspear offers a comprehensive portfolio of products and services, including AI Services, Infrastructure and Cloud Services, Engineering Services, AIMS, and Xi-Performer.
AI solutions for industry-specific applications and innovations.
Cloud infrastructure for digital transformation and scalability.
Customized engineering solutions for business success.
AI management system for operational efficiency.
Performance tool for optimization in various sectors.
Expedition tool for project management and delivery.
Tagging system for tracking and identification purposes.
Software tool for logistics and supply chain management.
Board of directors of Graspear Solutions Private Limited (Graspear)
Graspear Solutions Private Limited is the primary company behind Graspear. The board of Graspear Solutions Private Limited currently have 3 directors; the longest-serving is Suveetha Rajkumar, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suveetha Rajkumar DIN 08438366 | Director | 21 Dec 2020 | 5 yrs 9 mo | Graspear Solutions Private Limited |
| Anitha DIN 08998489 | Director | 21 Dec 2020 | 5 yrs 9 mo | Graspear Solutions Private Limited |
| Malathi DIN 08998497 | Director | 21 Dec 2020 | 5 yrs 9 mo | Graspear Solutions Private Limited |
Financials of Graspear
Figures of Graspear Solutions Private Limited, the primary company behind Graspear, for FY 2024. Revenue was ₹29.7 Lakh (-13% year on year). Net loss was -₹1.5 Lakh (-5% margin). EBITDA was ₹2.6 Lakh (9% margin). Revenue has grown at a compounded annual rate of +1025% over three years.
- ₹29.7 LakhRevenue · FY 2024 · -13% YoY
- -₹1.5 LakhNet loss · -5% margin
- ₹2.6 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- +1025%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Graspear Solutions Private Limited are on its company page.
Detailed financial statements for Graspear
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Graspear
Graspear has 9 listed similar companies in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Graspear
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Frequently Asked Questions about Graspear
Graspear was founded in 2020.
Graspear is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Graspear has 1 employees.
The primary company behind Graspear, Graspear Solutions Private Limited, reported revenue of ₹29.7 Lakh for FY 2024, down 13% year on year.
Graspear Solutions delivers IT services including infrastructure and cloud solutions, engineering expertise, and AI innovations. They develop products like AIMS and Xi-Performer through partnerships with tech leaders such as NVIDIA and AWS. Based in Madurai, India, they serve industries like civil, healthcare, automotive, manufacturing, logistics, and retail, focusing on digital transformation and customized solutions.
Graspear's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Graspear offers AI Services, Infrastructure and Cloud Services, Engineering Services, AIMS, and 4 more products and services.
Graspear operates through Graspear Solutions Private Limited.
The legal entities of Graspear currently have 3 directors, including Suveetha Rajkumar, Anitha, Malathi.