IRIX Technologies

Bengaluru, India Founded: 2011 • Age: 15 yrs
Provides doorstep financial, retail, educational, and agricultural services via agents and technology.

About IRIX Technologies

IRIX Technologies is an Agriculture company based in Bengaluru (India) founded in 2011 by Santosh Galgali. It provides doorstep financial, retail, educational, and agricultural services via agents and technology. It operates on a B2C and B2B model in Agriculture and Financial Services sectors. The company has 120 employees. Its Indian entity Irix Technologies Private Limited reported revenue of β‚Ή23.92 Cr. IRIX Technologies offers products and services including OLiO, Assisted Commerce, Assisted Education, and Assisted Agri Tech. Its focus areas include Food and Agriculture Tech, Online Grocery, Agri Services and Farmer Support. Its competitors include Zeta, M2P Fintech, Prime Trust, Falcon and NeoKred and 3 more; 8 of its 8 listed competitors have raised funding.

Company details

IRIX combines physical agents, digital technologies, and partnerships to offer assisted banking, commerce, education, and agri tech services. They enable cash transactions, online sales, remote learning, and farming support directly at customers doorsteps. Operating in India, IRIX serves rural and underserved communities with dependable, secure solutions, including their OLiO micro banking platform. This approach ensures accessibility and trust in challenging environments.

  • Headquarters Bengaluru, India
  • Employees 120
  • Founders Santosh Galgali
  • Sectors
    Agriculture
    Financial Services
  • Email
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  • Phone
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  • Website irix.in
  • Social LinkedIn X Facebook
  • Legal Name Irix Technologies Private Limited
  • Date of Incorporation 04 Jul, 2011
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹23.92 Cr

    FY 2023 · +12% YoY

  • Net Profit
    ₹93 Lakh

    FY 2023 · 4% margin

  • EBITDA
    ₹1.67 Cr

    FY 2023 · 7% margin

  • Employee Count
    120

Products & Services of IRIX Technologies

IRIX Technologies offers a comprehensive portfolio of products and services, including OLiO, Assisted Commerce, Assisted Education, and Assisted Agri Tech.

OLiO
Micro Banking Platform

Platform for secure, low-cost banking operations in rural areas.

Assisted Commerce
Ecommerce Services

Facilitates proactive sales and logistics for underserved customers.

Assisted Education
Education Tech

Offers remote learning tools and AI support for students.

Assisted Agri Tech
Agriculture Services

Connects farmers to resources and markets for better produce.

Board of directors of Irix Technologies Private Limited (IRIX Technologies)

Irix Technologies Private Limited is the primary company behind IRIX Technologies. The board of Irix Technologies Private Limited currently have 2 directors; the longest-serving is Santosh Laxman Galgali, appointed in 2011. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Santosh Laxman Galgali
DIN 01585360
Director04 Jul 201115 yrs 3 moIrix Technologies Private Limited
Srinivasa Rao Ghanta
DIN 03092007
Director11 Dec 201510 yrs 10 moIrix Technologies Private Limited

People of IRIX Technologies

2 people are tracked at IRIX Technologies (1 in leadership, 1 in team); the tracked headcount is 120.

NameRoleGroup
FounderLeadership
Sonu Kumar Kunwar
Android DeveloperTeam
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Financials of IRIX Technologies

Figures of Irix Technologies Private Limited, the primary company behind IRIX Technologies, for FY 2023. Revenue was ₹23.92 Cr (+12% year on year). Net profit was ₹93 Lakh (4% margin). EBITDA was ₹1.67 Cr (7% margin). Revenue has grown at a compounded annual rate of +20% over three years and +20% over five years.

  • ₹23.92 CrRevenue · FY 2023 · +12% YoY
  • ₹93 LakhNet profit · 4% margin
  • ₹1.67 CrEBITDA · 7% margin
  • ₹1.40 CrPaid-up capital
  • 120Employees (provident fund records)
  • +20%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Irix Technologies Private Limited are on its company page.

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Detailed financial statements for IRIX Technologies

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Competitors of IRIX Technologies

IRIX Technologies has 8 listed competitors in our database, 8 of them funded. They include Zeta, M2P Fintech, Prime Trust, Falcon and NeoKred, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zeta.tech2015San Ramon, United States$390M1,278
Payment and banking solutions are provided to users and banks.
m2pfintech.com2014Chennai, India$187.79M1,144
Banking, lending, and payment solutions are provided via custom APIs.
primetrust.com2004Las Vegas, United States$171.22M84
Cloud-based AML and banking API solutions are provided for institutions.
falconfs.com2012Gurugram, India$9.2M78
A cloud-native platform is provided for next-generation financial products.
neokred.tech2019Bengaluru, India$1.13M101
Provider of open banking and payment infrastructure for digital finance solutions
authbridge.com2005Gurugram, India$11.2M1,017
Identity verification, employee screening, and due diligence platforms are provided.
plutos.one2021Delhi, India$2.7M64
Online coupons and promotions are aggregated for user savings.
jocata.com2010Hyderabad, India$250,0001,457
Provider of AI and cloud based financial planning and investment management solutions
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Detailed competitors of IRIX Technologies

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Top companies in Farm Support & Services

10 companies that operate in the same segment as IRIX Technologies (Farm Support & Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Hybrid renewable energy solutions are provided for rural communities.
2008Patna, Bihar, IndiaUSD 73.99 MUSD 3.46 M294
Unnati Agri is focused on agricultural fintech solutions.
2017Noida, Uttar Pradesh, IndiaUSD 16.46 MUSD 47.85 M307
Post-harvest risk management and storage services are provided to farmers.
2004Gurugram, Haryana, IndiaUSD 30.86 MUSD 32.17 M–
Solar home lighting systems are supplied for agricultural needs.
2020Gurugram, Haryana, IndiaUSD 4.21 MUSD 8.78 M34
Agribusiness, palm oil plantation, and renewable energy services are provided.
2004Jakarta, Jakarta, Indonesia–USD 323.05 M10,810
Provider of digital solutions for farmers
2019Patna, Bihar, IndiaUSD 435.77 KUSD 502.87 K1
Logistics and trading services in agriculture are provided globally.
2021Richardson, Texas, United States–USD 148.7 M–
Provider of agricultural value chain services
2013Gurugram, Haryana, IndiaUSD 604.96 KUSD 254.67 K–
Smallholder farmers are aggregated and supported via data-driven agritech solutions.
2022Bandung, West Java, IndonesiaUSD 6.85 M––
Agricultural technology solutions are provided by Syngenta Group globally.
2000Basel, Basel-stadt, Switzerland–––
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Frequently Asked Questions about IRIX Technologies

IRIX Technologies was founded in 2011.

IRIX Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

IRIX Technologies has 120 employees.

The primary company behind IRIX Technologies, Irix Technologies Private Limited, reported revenue of β‚Ή23.92 Cr for FY 2023, up 12% year on year.

IRIX combines physical agents, digital technologies, and partnerships to offer assisted banking, commerce, education, and agri tech services. They enable cash transactions, online sales, remote learning, and farming support directly at customers doorsteps. Operating in India, IRIX serves rural and underserved communities with dependable, secure solutions, including their OLiO micro banking platform. This approach ensures accessibility and trust in challenging environments.

IRIX Technologies's top competitors include Zeta, Falcon and M2P Fintech.

IRIX Technologies offers OLiO, Assisted Commerce, Assisted Education, and Assisted Agri Tech.

IRIX Technologies operates through Irix Technologies Private Limited.

The legal entities of IRIX Technologies currently have 2 directors, including Srinivasa Rao Ghanta, Santosh Laxman Galgali.

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