
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
- SectorsHealthcareTechnology
- Emailβ’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
- 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 Count13
Associated legal entities of Innoright
Innoright operates through Innoright Solutions Llp (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 |
|---|---|---|---|---|---|---|---|
| Innoright Solutions Llp CIN AAN-8119 | Active | 19 Dec 2018 | Hyderabad, Telangana | ₹3.5 Cr | 13 | 4 | View details |
Products & Services of Innoright
Innoright offers a comprehensive portfolio of products and services, including InnoTag, InnoLearn, InnoGRAFS, and EzeeLyf.
Platform for securely managing and sharing critical information via QR codes
Software for administering and tracking educational courses and training programs
Open-source app for customizable surveys and feedback collection
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prasad Sapthagirishwara Pasumarthi DIN 08309253 | Designated Partner | 19 Dec 2018 | 7 yrs 9 mo | Innoright Solutions Llp |
| Pasumarthi Shireesha DIN 08309232 | Designated Partner | 19 Dec 2018 | 7 yrs 9 mo | Innoright Solutions Llp |
| Nistala Venkata Varaha Naga Ravi DIN 08997534 | Designated Partner | 16 Dec 2020 | 5 yrs 9 mo | Innoright Solutions Llp |
| Suvarchala Rani Pasumarthi DIN 08997547 | Designated Partner | 16 Dec 2020 | 5 yrs 9 mo | Innoright 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.
Detailed financial statements for Innoright
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Verified entity values are shown only after access is granted.
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 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 | $19.5M | 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 competitors of Innoright
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 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 βΉ3.55 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.