About HYDROP
HYDROP is a company based in Bengaluru (India) founded in 2019. It operates as a B2C. HYDROP operates in a competitive market with competitors including Rite Water Solutions, among others.
- Headquarter Bengaluru, India
- SectorsConsumer
- Website hydrop.io
- Legal Name Hydrospear Technologies Private Limited
- Date of Incorporation 30 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.6 Lakh
FY 2023 · -33% YoY
- Net Profit₹5.2 Lakh
FY 2023 · 54% margin
- EBITDA₹5.2 Lakh
FY 2023 · 54% margin
Associated legal entities of HYDROP
HYDROP operates through Hydrospear Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hydrospear Technologies Private Limited CIN U72900KA2019PTC126637 | Active | 30 Jul 2019 | Bangalore, Karnataka | ₹0.1 Cr | – | 3 | View details |
Board of directors of Hydrospear Technologies Private Limited (HYDROP)
Hydrospear Technologies Private Limited is the primary company behind HYDROP. The board of Hydrospear Technologies Private Limited currently have 3 directors; the longest-serving is Irthu Suresh, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Irthu Suresh DIN 08523577 | Director | 30 Jul 2019 | 7 yrs 2 mo | Hydrospear Technologies Private Limited |
| Vasanth DIN 08523579 | Director | 30 Jul 2019 | 7 yrs 2 mo | Hydrospear Technologies Private Limited |
| Harshit Manjunath DIN 08523578 | Director | 30 Jul 2019 | 7 yrs 2 mo | Hydrospear Technologies Private Limited |
Financials of HYDROP
Figures of Hydrospear Technologies Private Limited, the primary company behind HYDROP, for FY 2023. Revenue was ₹9.6 Lakh (-33% year on year). Net profit was ₹5.2 Lakh (54% margin). EBITDA was ₹5.2 Lakh (54% margin). Revenue has grown at a compounded annual rate of +79% over three years.
- ₹9.6 LakhRevenue · FY 2023 · -33% YoY
- ₹5.2 LakhNet profit · 54% margin
- ₹5.2 LakhEBITDA · 54% margin
- ₹1 LakhPaid-up capital
- +79%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hydrospear Technologies Private Limited are on its company page.
Detailed financial statements for HYDROP
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Competitors of HYDROP
HYDROP operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rite Water Solutions, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ritewater.in | 2006 | Nagpur, India | $13.97M | 197 | Drinking water stations and purification systems are provided for consumers. |
Detailed competitors of HYDROP
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Similar companies to HYDROP
10 companies that operate in the same segment as HYDROP (Alcoholic & Tobacco Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Wines, spirits, and champagnes are produced and distributed worldwide. | 1975 | Paris, France | – | USD 10.71 B | 19,560 | |
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of beer | 2017 | Milford, United States | USD 251.44 M | – | – | |
Beer and cider brands are produced and marketed worldwide. | 1864 | Amsterdam, Netherlands | – | USD 26.58 B | 86,000 | |
Multi-category alcoholic beverage company | 1886 | London, England, United Kingdom | – | USD 19.36 B | 29,630 | |
Beer production, marketing, and sales are managed globally. | 2008 | Brussels, Brussels-capital Region, Belgium | – | USD 103.65 M | 2,054 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Premium beers, ciders, and non-alcoholic drinks are produced and distributed. | 1847 | Copenhagen, Denmark | USD 765.14 M | USD 14.02 B | 32,100 | |
Beer brands are produced and distributed by Ambev in Brazil. | 1999 | Sao Paulo, Brazil | – | USD 16.11 B | 43,000 |
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Frequently Asked Questions about HYDROP
HYDROP was founded in 2019.
HYDROP is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind HYDROP, Hydrospear Technologies Private Limited, reported revenue of ₹9.6 Lakh for FY 2023, down 33% year on year.
HYDROP, established in 2019 and currently in Dissolved stage, focuses on producing consumer products, offering delivery services, on-demand delivery, and water and beverages. Manages a digital hub for on-demand drinking water delivery services. Adapting to market demands with innovation and client-focused strategies.
HYDROP's top competitors include Rite Water Solutions.
HYDROP operates through Hydrospear Technologies Private Limited.
The legal entities of HYDROP currently have 3 directors, including Irthu Suresh, Vasanth, Harshit Manjunath.