About HitecPoint
HitecPoint is a Transportation, Automotive & Logistics company based in Chandigarh (India) founded in 2011 by Vinod Chauhan, Rajhesh Vaidhya, and Rajesh Vaidya. It offers GPS tracking and fleet management systems for businesses. It operates on a B2B model. Its chief executive is Rajesh Vaidya. Its Indian entity Hi-Tec Point Technologies Private Limited reported revenue of ₹5.5 Lakh. Its focus areas include Transportation and Logistics, Fleet Management, GPS Tracking and System Solutions. Its competitors include EquipmentShare, Spireon, Fleet Complete, SkyBitz and Quartix and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
HitecPoint offers gps tracking and fleet management systems for businesses through transportation and logistics, managing fleet operations, gps tracking, and system solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chandigarh, India
- Founders Vinod Chauhan, Rajhesh Vaidhya, Rajesh Vaidya
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website hitecpoint.in
- Social X Facebook
- Legal Name Hi-Tec Point Technologies Private Limited
- Date of Incorporation 13 Aug, 2004
- Jurisdiction Chandigarh, India
- Annual Revenue₹5.5 Lakh
FY 2022 · -65% YoY
- Net Profit₹1.6 Lakh
FY 2022 · 29% margin
- EBITDA₹2.2 Lakh
FY 2022 · 41% margin
Associated legal entities of HitecPoint
HitecPoint operates through Hi-Tec Point Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hi-Tec Point Technologies Private Limited CIN U80300CH2004PTC027398 | Active | 13 Aug 2004 | Chandigarh, Chandigarh | ₹0.1 Cr | – | 2 | View details |
Board of directors of Hi-Tec Point Technologies Private Limited (HitecPoint)
Hi-Tec Point Technologies Private Limited is the primary company behind HitecPoint. The board of Hi-Tec Point Technologies Private Limited currently have 2 directors; the longest-serving is Rajesh Vaidya, appointed in 2004. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Vaidya DIN 02377848 | Director | 13 Aug 2004 | 22 yrs 2 mo | Hi-Tec Point Technologies Private Limited |
| Raman Ramolta DIN 08420108 | Additional Director | 13 Apr 2019 | 7 yrs 6 mo | Hi-Tec Point Technologies Private Limited |
People of HitecPoint
3 people are tracked at HitecPoint (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Rajhesh Vaidhya | Co-Founder | Leadership |
| Founder, CEO, MD | Leadership |
Complete people profiles for HitecPoint
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Financials of HitecPoint
Figures of Hi-Tec Point Technologies Private Limited, the primary company behind HitecPoint, for FY 2022. Revenue was ₹5.5 Lakh (-65% year on year). Net profit was ₹1.6 Lakh (29% margin). EBITDA was ₹2.2 Lakh (41% margin). Revenue has grown at a compounded annual rate of -30% over three years and -65% over five years.
- ₹5.5 LakhRevenue · FY 2022 · -65% YoY
- ₹1.6 LakhNet profit · 29% margin
- ₹2.2 LakhEBITDA · 41% margin
- ₹1.6 LakhPaid-up capital
- -30%Revenue CAGR, 3 years
- -65%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hi-Tec Point Technologies Private Limited are on its company page.
Detailed financial statements for HitecPoint
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- Downloads
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Competitors of HitecPoint
HitecPoint has 10 listed competitors in our database, 6 of them funded. They include EquipmentShare, Spireon, Fleet Complete, SkyBitz and Quartix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equipmentshare.com | 2014 | Columbia, United States | $806.48M | 2,377 | Equipment rental marketplace and digital tools for construction are offered. | |
| spireon.com | 2003 | Knoxville, United States | $7.71M | 364 | SaaS-enabled solutions for fleet and field service management are offered. | |
| fleetcomplete.com | 1998 | Toronto, Canada | – | 423 | Fleet, asset, and mobile workforce management solutions are provided. | |
| skybitz.com | 1995 | Sterling, United States | $48M | – | Remote asset tracking and management solutions are provided globally. | |
| quartix.com | 2001 | Chicago, United States | – | 181 | GPS vehicle tracking and fleet management solutions are provided. | |
| mapon.com | 2006 | Riga, Latvia | $3.28M | 177 | Vehicle tracking and fleet management solutions are provided. | |
| gpstrackit.com | 1999 | Temecula, United States | – | 98 | Software solutions for fleet tracking and management are provided. | |
| qapla.it | 2014 | Italy | $6.38M | – | Online purchase deliveries are tracked through the Qapla' app. | |
| blueskynetwork.com | 2001 | United Kingdom | $1M | 80 | Provider of GSM and iridium-based fleet management and satellite tracking solutions | |
| calamp.com | 1981 | Irvine, United States | – | 644 | Machine-to-machine communication solutions are delivered for IoT and asset tracking. |
Detailed competitors of HitecPoint
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- Full competitor set
- Operating metrics
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Web traffic of HitecPoint
The website of HitecPoint (hitecpoint.in) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 25.3% vs previous month
Top companies in Commercial & Off-Highway Vehicles
10 companies that operate in the same segment as HitecPoint (Commercial & Off-Highway Vehicles), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle leasing, fleet management, and outsourcing services are provided. | 1989 | Leeds, England, United Kingdom | USD 99.22 M | – | – | |
Electric three-wheelers are designed, manufactured, and marketed for passenger transport. | 2022 | Chennai, Tamil Nadu, India | USD 519.2 M | USD 2.07 B | 530 | |
Develops innovative GPS tracking technologies for fleet operators. | 2000 | Valsad, Gujarat, India | – | – | – | |
Lynkit develops telematic systems for enterprise fleet tracking. | 2017 | Delhi, Delhi, India | – | USD 2.06 M | 100 | |
Assets like trucks and storage are supplied and maintained. | 1935 | Milton Keynes, United Kingdom | – | – | 1,059 | |
Provides AI tools for attendance, fleet management, and customer support systems. | 2013 | Bengaluru, Karnataka, India | – | USD 70.66 K | 42 | |
Trucks and transport solutions are designed, produced, and distributed. | 1978 | Lyon, Auvergne-rhone-alpes, France | – | – | – | |
Automotive commercial vehicles are manufactured by Farizon Auto in China. | 2016 | China | USD 900 M | – | – | |
Authorized dealer for Tata trucks, buses, tippers, and vehicle services in South India. | 1997 | Ernakulam, Kerala, India | – | USD 108.05 M | 1,670 | |
Produces heavy-duty trucks, buses, and services for commercial transportation in India. | 2011 | Chennai, Tamil Nadu, India | – | USD 1.3 B | 3,607 |
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Frequently Asked Questions about HitecPoint
HitecPoint was founded in 2011.
HitecPoint is headquartered in Chandigarh, India.
Rajesh Vaidya is the current CEO of HitecPoint. They have also founded this company.
The primary company behind HitecPoint, Hi-Tec Point Technologies Private Limited, reported revenue of ₹5.5 Lakh for FY 2022, down 65% year on year.
HitecPoint offers gps tracking and fleet management systems for businesses through transportation and logistics, managing fleet operations, gps tracking, and system solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
HitecPoint's top competitors include EquipmentShare, Mapon and Quartix.
HitecPoint operates through Hi-Tec Point Technologies Private Limited.
The legal entities of HitecPoint currently have 2 directors, including Rajesh Vaidya, Raman Ramolta.