About iGrid Consulting
iGrid Consulting is a Technology company based in Chennai (India) founded in 2009. It delivers app development, maintenance, analytics, cloud, and integration services. It operates on a B2B model. The company has 51 employees. Its Indian entity Igrid Consulting Solutions Private Limited reported revenue of ₹41.1 Lakh. Its focus areas include IT Services, Software Development and Cloud and Analytics. Similar companies include CrowdStrike, UST, Genpact, 1&1 IONOS and VMware and 3 more; 4 of its 8 listed similar companies have raised funding.
Company details
iGrid Consulting delivers app development, maintenance, analytics, cloud, and integration services through leveraging cutting-edge technology, providing IT services, creating custom software solutions, and cloud and analytics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Chennai, India
- Employees 51
- SectorsTechnology
- Email••••••••
- Website igridconsulting.com
- Social LinkedIn Facebook
- Legal Name Igrid Consulting Solutions Private Limited
- Date of Incorporation 27 Jul, 2009
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹41.1 Lakh
FY 2024 · -70% YoY
- Net Loss-₹14,000
FY 2024 · 0% margin
- EBITDA₹60,000
FY 2024 · 1% margin
- Employee Count51
Associated legal entities of iGrid Consulting
iGrid Consulting operates through Igrid Consulting 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 |
|---|---|---|---|---|---|---|---|
| Igrid Consulting Solutions Private Limited CIN U72900TN2009PTC072391 | Active | 27 Jul 2009 | Chennai, Tamil Nadu | ₹0.4 Cr | 51 | 2 | View details |
Board of directors of Igrid Consulting Solutions Private Limited (iGrid Consulting)
Igrid Consulting Solutions Private Limited is the primary company behind iGrid Consulting. The board of Igrid Consulting Solutions Private Limited currently have 2 directors; the longest-serving is Subramaniam Sundaram, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Subramaniam Sundaram DIN 06906392 | Director | 18 Mar 2016 | 10 yrs 7 mo | Igrid Consulting Solutions Private Limited |
| Ananth Nagarajan DIN 06701929 | Director | 18 Mar 2016 | 10 yrs 7 mo | Igrid Consulting Solutions Private Limited |
Financials of iGrid Consulting
Figures of Igrid Consulting Solutions Private Limited, the primary company behind iGrid Consulting, for FY 2024. Revenue was ₹41.1 Lakh (-70% year on year). Net loss was -₹14,000 (0% margin). EBITDA was ₹60,000 (1% margin). Revenue has grown at a compounded annual rate of -45% over three years and -42% over five years.
- ₹41.1 LakhRevenue · FY 2024 · -70% YoY
- -₹14,000Net loss · 0% margin
- ₹60,000EBITDA · 1% margin
- ₹1 LakhPaid-up capital
- 51Employees (provident fund records)
- -45%Revenue CAGR, 3 years
- -42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Igrid Consulting Solutions Private Limited are on its company page.
Detailed financial statements for iGrid Consulting
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Similar companies to iGrid Consulting
iGrid Consulting has 8 listed similar companies in our database, 4 of them funded. They include CrowdStrike, UST, Genpact, 1&1 IONOS and VMware, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crowdstrike.com | 2011 | Sunnyvale, United States | $430M | 826 | Endpoint threats are detected via artificial intelligence by the platform. | |
| 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. | |
| vmware.com | 1998 | Palo Alto, United States | $595.83M | – | Cloud orchestration solutions are provided for multi-cloud and device applications. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| 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. |
Detailed similar companies of iGrid Consulting
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Web traffic of iGrid Consulting
The website of iGrid Consulting (igridconsulting.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 516.7% vs previous month
Top companies in PaaS & SaaS Platforms
10 companies that operate in the same segment as iGrid Consulting (PaaS & SaaS Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | – | 205 | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | 350 | |
AI-powered database service is provided for enterprise data management. | 2009 | Mountain View, California, United States | USD 251 M | USD 209.47 M | 792 | |
Cloud based database platform for enterprises | 2010 | Santa Clara, California, United States | USD 305 M | – | 267 | |
Saas based provider of integrated platform as a service solutions | 2007 | San Francisco, California, United States | USD 17 M | – | – | |
Cloud based open-source application backend development platform | 2020 | Singapore, Singapore, Singapore | USD 1.19 B | USD 13.74 M | 458 | |
Open-source business management software is developed with integrated modules. | 2005 | Louvain-la-neuve, Walloon Brabant, Belgium | USD 482.62 M | – | 8,925 |
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Related news about Igrid Consulting
Complete news archive for iGrid Consulting
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Frequently Asked Questions about iGrid Consulting
iGrid Consulting was founded in 2009.
iGrid Consulting is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
iGrid Consulting has 51 employees.
The primary company behind iGrid Consulting, Igrid Consulting Solutions Private Limited, reported revenue of ₹41.1 Lakh for FY 2024, down 70% year on year.
iGrid Consulting delivers app development, maintenance, analytics, cloud, and integration services through leveraging cutting-edge technology, providing IT services, creating custom software solutions, and cloud and analytics. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
iGrid Consulting's top competitors include VMware, Happiest Minds and Mavenir.
iGrid Consulting operates through Igrid Consulting Solutions Private Limited.
The legal entities of iGrid Consulting currently have 2 directors, including Subramaniam Sundaram, Ananth Nagarajan.