About Itech
Itech is a Technology company based in South Burlington (United States) founded in 2001, and was acquired by Shared Labs in September 2017. Managed IT services and custom applications are provided to enterprises. Its Indian entity Itech It Solutions Private Limited reported revenue of ₹17.17 Cr. Itech offers products and services including IT Consulting, Software Development, Staffing Solutions, Business Intelligence Tools, and Enterprise Resource Planning. Its focus areas include Business Services, IT Services and Managed Services. Its competitors include 1&1 IONOS, Epam and Genpact; 1 of its 3 listed competitors has raised funding.
Company details
Itech was founded in 2001 in South Burlington, United States, within the IT services sector. Managed IT services are delivered to enterprises, encompassing custom application development from requirement capture and analysis through architecture design, coding, testing, and deployment. Technologies such as Java, J2EE, .NET, and SQL are employed. Additional offerings include data warehousing solutions, ERP implementations, and IT consultancy across operations.
- Headquarters South Burlington, United States
- Stage Acquired
- SectorsTechnology
- Website itechus.com
- Social LinkedIn X Facebook YouTube
- Acquired by Shared Labs (Sep 2017)
- Legal Name Itech Us, Inc.
- Date of Incorporation 01 Feb, 2017
- Indian entity revenue₹17.17 Cr
FY 2024 · -8% YoY
- Indian entity net profit₹1.34 Cr
FY 2024 · 8% margin
- Indian entity EBITDA₹2.14 Cr
FY 2024 · 12% margin
- Investors
- Acquired byShared Labs
(Sep 2017)
Associated legal entities of Itech
Itech operates through Itech It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Itech It Solutions Private Limited CIN U72200TG2017FTC114330 | Active | 01 Feb 2017 | Hyderabad, Telangana | ₹17.2 Cr | 123 | 2 | View details |
Products & Services of Itech
Itech offers a comprehensive portfolio of products and services, including IT Consulting, Software Development, Staffing Solutions, Business Intelligence Tools, and Enterprise Resource Planning.
Delivers IT strategy and project management for business needs.
Provides programming in J2EE, .Net, and mobile platforms.
Offers IT staff augmentation and recruitment services.
Implements reporting and analysis for business data.
Customizes ERP systems for organizational efficiency.
Apps and channels of Itech
its YouTube channel iTech US has 31 subscribers.
Investors in Itech
Itech has secured backing from 1 investor. Prominent investors backing the company include Shared Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Client-centric portfolio services are facilitated via an online platform. | 1999 | sharedlabs.com | San Francisco, United States |
Investor details for Itech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Itech It Solutions Private Limited (Itech)
Itech It Solutions Private Limited is the primary company behind Itech. The board of Itech It Solutions Private Limited currently have 2 directors; the longest-serving is Kishore Venkatarama Khandavalli, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kishore Venkatarama Khandavalli DIN 01746457 | Director | 01 Feb 2017 | 9 yrs 8 mo | Itech It Solutions Private Limited |
| Venkata Satyanarayana Khandavalli DIN 05133266 | Director | 01 Feb 2017 | 9 yrs 8 mo | Itech It Solutions Private Limited |
Financials of Itech
Figures of Itech It Solutions Private Limited, the primary company behind Itech, for FY 2024. Revenue was ₹17.17 Cr (-8% year on year). Net profit was ₹1.34 Cr (8% margin). EBITDA was ₹2.14 Cr (12% margin). Revenue has grown at a compounded annual rate of +15% over three years and +17% over five years.
- ₹17.17 CrRevenue · FY 2024 · -8% YoY
- ₹1.34 CrNet profit · 8% margin
- ₹2.14 CrEBITDA · 12% margin
- ₹1 LakhPaid-up capital
- 123Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Itech It Solutions Private Limited are on its company page.
Detailed financial statements for Itech
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
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Itech
2 dated milestones of Itech across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Itech is founded.
- Exit Acquired by Shared Labs.
Competitors of Itech
Itech has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Epam and Genpact.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| 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 |
Detailed competitors of Itech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Itech
The website of Itech (itechus.com) receives about 4.3K visits a month.
- Monthly visits4.3K
▼ 12.5% vs previous month
Websites whose visitors overlap most with Itech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
quadrus.com | quadrus.com | 100% | – | ||
itechate.com | itechate.com | 30% | #588,377 | – |
Top companies in IT Services & Operations
3 companies that operate in the same segment as Itech (IT Services & Operations) in United States, 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 | 4,473 | |
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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Itech
Complete news archive for Itech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Itech
Itech was founded in 2001.
Itech is headquartered in South Burlington, United States. It is registered at South Burlington, Vermont, United States.
The primary company behind Itech, Itech It Solutions Private Limited, reported revenue of ₹17.17 Cr for FY 2024, down 8% year on year.
Itech was founded in 2001 in South Burlington, United States, within the IT services sector. Managed IT services are delivered to enterprises, encompassing custom application development from requirement capture and analysis through architecture design, coding, testing, and deployment. Technologies such as Java, J2EE, .NET, and SQL are employed. Additional offerings include data warehousing solutions, ERP implementations, and IT consultancy across operations.
Itech offers IT Consulting, Software Development, Staffing Solutions, Business Intelligence Tools, and Enterprise Resource Planning.
Itech has 1 investor. Key investors include Shared Labs.
Itech operates through Itech It Solutions Private Limited.
Yes. Itech was acquired by Shared Labs in September 2017.
The legal entities of Itech currently have 2 directors, including Kishore Venkatarama Khandavalli, Venkata Satyanarayana Khandavalli.