Innoright

Hyderabad, India Founded: 2018 • Age: 8 yrs
Provides IT consulting, software development, AI solutions, and digital products.

About Innoright

Innoright is a company based in Hyderabad (India) founded in 2018. It operates as a B2B and SaaS. Innoright offers products and services including InnoTag, InnoLearn, InnoGRAFS, and EzeeLyf. Innoright operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Hyderabad, India
  • Employees 13
  • Sectors
    Healthcare
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website innoright.com
  • Legal Name Innoright Solutions Llp
  • Date of Incorporation 19 Dec, 2018
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹3.55 Cr

    FY 2023 · +46% YoY

  • Net Profit
    ₹55.4 Lakh

    FY 2023 · 16% margin

  • EBITDA
    ₹82.9 Lakh

    FY 2023 · 23% margin

  • Employee Count
    13

Products & Services of Innoright

Innoright offers a comprehensive portfolio of products and services, including InnoTag, InnoLearn, InnoGRAFS, and EzeeLyf.

InnoTag
QR Code Platform

Platform for securely managing and sharing critical information via QR codes

InnoLearn
Learning Management

Software for administering and tracking educational courses and training programs

InnoGRAFS
Feedback System

Open-source app for customizable surveys and feedback collection

EzeeLyf
Healthcare App

App providing medication reminders and health tracking for users

Board of directors of Innoright Solutions Llp (Innoright)

Innoright Solutions Llp is the primary company behind Innoright. The board of Innoright Solutions Llp currently have 4 directors; the longest-serving is Prasad Sapthagirishwara Pasumarthi, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Prasad Sapthagirishwara Pasumarthi
DIN 08309253
Designated Partner19 Dec 20187 yrs 9 moInnoright Solutions Llp
Pasumarthi Shireesha
DIN 08309232
Designated Partner19 Dec 20187 yrs 9 moInnoright Solutions Llp
Nistala Venkata Varaha Naga Ravi
DIN 08997534
Designated Partner16 Dec 20205 yrs 9 moInnoright Solutions Llp
Suvarchala Rani Pasumarthi
DIN 08997547
Designated Partner16 Dec 20205 yrs 9 moInnoright Solutions Llp

Financials of Innoright

Figures of Innoright Solutions Llp, the primary company behind Innoright, for FY 2023. Revenue was ₹3.55 Cr (+46% year on year). Net profit was ₹55.4 Lakh (16% margin). EBITDA was ₹82.9 Lakh (23% margin). Revenue has grown at a compounded annual rate of +245% over three years.

  • ₹3.55 CrRevenue · FY 2023 · +46% YoY
  • ₹55.4 LakhNet profit · 16% margin
  • ₹82.9 LakhEBITDA · 23% margin
  • 13Employees (provident fund records)
  • +245%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Innoright Solutions Llp are on its company page.

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Detailed financial statements for Innoright

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Competitors of Innoright

Innoright 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
ionos.com1988Chesterbrook, United States$19.5M134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
mavenir.com2005Richardson, United States$105.36M363
Multi-access edge networking computing platform is provided for mobile services.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
endava.com2000London, United Kingdom–12,063
Endava is engaged in digital transformation and AI-driven solutions.
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Detailed competitors of Innoright

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Similar companies to Innoright

10 companies that operate in the same segment as Innoright (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 713.57 M––
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M233
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
App-based health insurance is offered to individuals and businesses.
2016Paris, FranceUSD 863.12 M––
Virtual care programs for managing chronic diseases are provided.
2011San Francisco, California, United StatesUSD 450.12 MUSD 260.21 M–
AI-driven EMR and practice management software is delivered for clinics.
2010Boca Raton, Florida, United StatesUSD 329.17 M––
Cloud-based administrative tools for healthcare providers are offered.
1997Watertown, United StatesUSD 40 M––
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
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Frequently Asked Questions about Innoright

Innoright was founded in 2018.

Innoright is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Innoright has 13 employees.

The primary company behind Innoright, Innoright Solutions Llp, reported revenue of β‚Ή3.55 Cr for FY 2023, up 46% year on year.

Innoright Solutions is a team of software professionals offering IT managed services, AIML, cloud migration, DevOps, mobile and web development, and UIUX design. They create customized solutions like QR code platforms and learning management software, serving clients in India, USA, UK, and other regions. Based in offices across the USA and India, they focus on innovative technology to address business challenges and drive success through tailored digital experiences.

Innoright's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Innoright offers InnoTag, InnoLearn, InnoGRAFS, and EzeeLyf.

Innoright operates through Innoright Solutions Llp.

The legal entities of Innoright currently have 4 directors, including Nistala Venkata Varaha Naga Ravi, Suvarchala Rani Pasumarthi, Prasad Sapthagirishwara Pasumarthi and others.

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