About Innospire Systems
Innospire Systems is a company based in Marlboro (United States) founded in 1996. It operates as a B2B. The company has 30 employees. Innospire Systems has completed 1 acquisition, including Vendor Team Services. Innospire Systems operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.
- Headquarter Marlboro, United States
- Employees 30
- SectorsTechnology
- Email••••••••
- Website innospire.com
- Social LinkedIn X Facebook
- Legal Name Innospire Systems Private Limited
- Date of Incorporation 18 Apr, 2000
- Jurisdiction Tirunelveli, Tamil Nadu, India
- Annual Revenue₹34 Lakh
FY 2022 · -22% YoY
- Net Loss-₹32,415
FY 2022 · -1% margin
- EBITDA-₹30.8 Lakh
FY 2022 · -91% margin
- Employee Count30
- Investments & Acquisitions
Associated legal entities of Innospire Systems
Innospire Systems is associated with 2 registered companies on The Company Check; the primary company is Innospire Systems Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innospire Systems Private Limited CIN U72100TN2000PTC044756 | Active | 18 Apr 2000 | Tirunelveli, Tamil Nadu | ₹0.3 Cr | 30 | 2 | View details |
| Isc Global Solutions Private Limited CIN U72200TN2019PTC128087 | Active | 18 Mar 2019 | Chennai, Tamil Nadu | ₹15.0 Cr | 142 | 2 | View details |
Board of directors of Innospire Systems Private Limited (Innospire Systems)
Innospire Systems Private Limited is the primary company behind Innospire Systems. The boards of the 2 registered companies of Innospire Systems currently have 2 directors; the longest-serving is Sriramaraju Bhoopathy, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sriramaraju Bhoopathy DIN 02194544 | Director | 18 Mar 2019 | 7 yrs 6 mo | Isc Global Solutions Private Limited, Innospire Systems Private Limited |
| Elamaran Chellaswamy Sarasam DIN 08393337 | Director | 18 Mar 2019 | 7 yrs 6 mo | Isc Global Solutions Private Limited, Innospire Systems Private Limited |
People of Innospire Systems
6 people are tracked at Innospire Systems (1 in leadership, 5 in team); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Rajasekar Duraipandiyan | Chief Executive Officer | Leadership |
Anbarasu D | Research Analyst | Team |
Karthik V | Finance Manager | Team |
Gandhi Babu | Manager - Business Development | Team |
Saravanan Thendral | Business Development Executive | Team |
Hari Harasan | Finance Executive | Team |
Complete people profiles for Innospire Systems
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Financials of Innospire Systems
Figures of Innospire Systems Private Limited, the primary company behind Innospire Systems, for FY 2022. Revenue was ₹34 Lakh (-22% year on year). Net loss was -₹32,415 (-1% margin). EBITDA was -₹30.8 Lakh (-91% margin). Revenue has grown at a compounded annual rate of -43% over three years and -15% over five years.
- ₹34 LakhRevenue · FY 2022 · -22% YoY
- -₹32,415Net loss · -1% margin
- -₹30.8 LakhEBITDA · -91% margin
- ₹1 LakhPaid-up capital
- 30Employees (provident fund records)
- -43%Revenue CAGR, 3 years
- -15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innospire Systems Private Limited are on its company page.
Detailed financial statements for Innospire Systems
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Investments & Acquisitions by Innospire Systems
Innospire Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vendor Team Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Services for retailers are provided by Vendor Team Services. | vendorteamservices.com | Mooresville, United States | 2004 | May 2018 | •••• |
Complete acquisition details for Innospire Systems
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Timeline of Innospire Systems
2 dated milestones of Innospire Systems across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Innospire Systems is founded.
- Acquisition Acquires Vendor Team Services.
Competitors of Innospire Systems
Innospire Systems 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, Breed Reply, NTT DATA, Globant and 1&1 IONOS, 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. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| mindtree.com | 1999 | Bengaluru, India | $23.9M | 33,802 | Outsourcing solutions in IT, engineering, and consulting are delivered. |
Detailed competitors of Innospire Systems
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Similar companies to Innospire Systems
10 companies that operate in the same segment as Innospire Systems (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Innospire Systems
Innospire Systems was founded in 1996.
Innospire Systems is headquartered in Marlboro, United States. It is registered at Marlboro, New Jersey, United States.
Innospire Systems has 30 employees.
The primary company behind Innospire Systems, Innospire Systems Private Limited, reported revenue of ₹34 Lakh for FY 2022, down 22% year on year.
Innospire Systems, established in 1996, excels in leveraging cutting-edge technology, information technology, providing IT services, and infrastructure management. Delivers a unified IT service suite for infrastructure management and user support. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Innospire Systems has made 1 acquisition, including Vendor Team Services.
Innospire Systems is associated with 2 legal entities: Innospire Systems Private Limited, Isc Global Solutions Private Limited.
The legal entities of Innospire Systems currently have 2 directors, including Sriramaraju Bhoopathy, Elamaran Chellaswamy Sarasam.