Innorium

Mysuru, India
Offers utility billing software, mobile solutions, and cloud services for businesses.

About Innorium

Innorium is a Technology company based in Mysuru (India). It offers utility billing software, mobile solutions, and cloud services for businesses. It operates on a B2B and SaaS model. Innorium offers products and services including Utility Billing System, iSolutions, iTacs, iSurveyMap, and CRMS. Its focus areas include Information Technology, Enterprise Software, Utility Management and Billing Systems. Its legal entity in India is Innorium Business Solutions Private Limited (U72200KA2012PTC066706). Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Innorium develops software for utility companies, focusing on billing, accounting, and revenue management systems. They provide mobile-based solutions and cloud computing services, emphasizing customization and integration for business processes. Based in Mysuru, India, they serve clients in sectors like water boards, offering tools for data collection and system integration to enhance efficiency and reporting.

Key Metrics
  • Net Loss
    -₹53,538

    FY 2022 · 0% margin

  • EBITDA
    -₹53,523

    FY 2022 · 0% margin

Products & Services of Innorium

Innorium offers a comprehensive portfolio of products and services, including Utility Billing System, iSolutions, iTacs, iSurveyMap, and CRMS.

Utility Billing System
Billing Software

Software for utility billing and revenue management processes

iSolutions
Mobile Solutions

Mobile-based tools for business connectivity and data access

iTacs
Tax Collection

System for property tax collection and management operations

iSurveyMap
GIS Mapping

Platform for GIS survey and mapping applications

CRMS
Customer Management

System for customer relationship management and data handling

Board of directors of Innorium Business Solutions Private Limited (Innorium)

Innorium Business Solutions Private Limited is the primary company behind Innorium. The board of Innorium Business Solutions Private Limited currently have 2 directors; the longest-serving is Yellapu Nagaraja, appointed in 2012. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Yellapu Nagaraja
DIN 06380474
Director12 Dec 201213 yrs 10 moInnorium Business Solutions Private Limited
Srinivasa Yellapu
DIN 06401929
Director12 Dec 201213 yrs 10 moInnorium Business Solutions Private Limited

Financials of Innorium

Figures of Innorium Business Solutions Private Limited, the primary company behind Innorium, for FY 2022. Net loss was -₹53,538 (0% margin). EBITDA was -₹53,523 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.

  • -₹53,538Net loss · 0% margin
  • -₹53,523EBITDA · 0% margin
  • ₹5 LakhPaid-up capital
  • -100%Revenue CAGR, 3 years
  • -100%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Innorium Business Solutions Private Limited are on its company page.

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Detailed financial statements for Innorium

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Competitors of Innorium

Innorium has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Innorium

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Top companies in ERP & Enterprise Software Services

3 companies that operate in the same segment as Innorium (ERP & Enterprise Software Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide.
2004Hyderabad, Telangana, India895
Offers SEO and digital marketing services for business growth online.
2006Delhi, Delhi, IndiaUSD 4.36 M144
Provides custom software and IT services to enterprises across industries worldwide.
2003Indore, Madhya Pradesh, IndiaUSD 4.44 M134
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Frequently Asked Questions about Innorium

Innorium is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.

Innorium develops software for utility companies, focusing on billing, accounting, and revenue management systems. They provide mobile-based solutions and cloud computing services, emphasizing customization and integration for business processes. Based in Mysuru, India, they serve clients in sectors like water boards, offering tools for data collection and system integration to enhance efficiency and reporting.

Innorium's top competitors include Happiest Minds and Datamatics.

Innorium offers Utility Billing System, iSolutions, iTacs, iSurveyMap, and CRMS.

Innorium operates through Innorium Business Solutions Private Limited.

The legal entities of Innorium currently have 2 directors, including Yellapu Nagaraja, Srinivasa Yellapu.

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