About Kanvitech Solutions
Kanvitech Solutions is a Business Services company based in Hyderabad (India) founded in 2020. It provides software development, staffing, and other professional solutions. It operates on a B2B model. The company has 11 employees. Its Indian entity Kanvitech Solutions Private Limited reported revenue of ₹3.71 Cr. Its focus areas include Technology, Software, Development Services and Staffing Solutions. Its competitors include AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Kanvitech Solutions, established in 2020, excels in leveraging cutting-edge technology, software, development services, and staffing solutions. Provides software development, staffing, and other professional solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Employees 11
- SectorsBusiness Services
- Email••••••••
- Website kanvitech.com
- Legal Name Kanvitech Solutions Private Limited
- Date of Incorporation 20 Jul, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹3.71 Cr
FY 2024 · +77% YoY
- Net Profit₹31 Lakh
FY 2024 · 8% margin
- EBITDA₹32.4 Lakh
FY 2024 · 9% margin
- Employee Count11
Associated legal entities of Kanvitech Solutions
Kanvitech Solutions operates through Kanvitech 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 |
|---|---|---|---|---|---|---|---|
| Kanvitech Solutions Private Limited CIN U74999TG2020PTC141940 | Active | 20 Jul 2020 | Hyderabad, Telangana | ₹3.7 Cr | 11 | 2 | View details |
Board of directors of Kanvitech Solutions Private Limited (Kanvitech Solutions)
Kanvitech Solutions Private Limited is the primary company behind Kanvitech Solutions. The board of Kanvitech Solutions Private Limited currently have 2 directors; the longest-serving is Chavali Venkata Naga Lakshmi, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chavali Venkata Naga Lakshmi DIN 08945418 | Director | 27 Oct 2020 | 5 yrs 11 mo | Kanvitech Solutions Private Limited |
| Chavali Venkata Sunil Kumar Reddy DIN 10564750 | Director | 02 Mar 2024 | 2 yrs 7 mo | Kanvitech Solutions Private Limited |
Financials of Kanvitech Solutions
Figures of Kanvitech Solutions Private Limited, the primary company behind Kanvitech Solutions, for FY 2024. Revenue was ₹3.71 Cr (+77% year on year). Net profit was ₹31 Lakh (8% margin). EBITDA was ₹32.4 Lakh (9% margin). Revenue has grown at a compounded annual rate of +351% over three years.
- ₹3.71 CrRevenue · FY 2024 · +77% YoY
- ₹31 LakhNet profit · 8% margin
- ₹32.4 LakhEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
- +351%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Kanvitech Solutions Private Limited are on its company page.
Detailed financial statements for Kanvitech Solutions
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Competitors of Kanvitech Solutions
Kanvitech Solutions has 10 listed competitors in our database, 7 of them funded. They include AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| kontron.com | 1959 | Linz, Austria | $34.6M | 130 | Embedded computing platforms are developed for industrial applications. | |
| unicorn.com | 1990 | Prague, Czech Republic | $6M | – | Software development services are provided by Unicorn in Prague. | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| nxtsoft.com | 2017 | Birmingham, United States | $4.83M | 79 | Computer software development services provider | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| digia.com | 2005 | Helsinki, Finland | – | – | Software development services including design, integration, and testing are provided. |
Detailed competitors of Kanvitech Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Human Resource & Staffing Services
10 companies that operate in the same segment as Kanvitech Solutions (Human Resource & Staffing Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR consulting, recruitment, and outsourcing services are offered worldwide. | 1960 | Diemen, Noord-holland, Netherlands | – | USD 27.12 B | – | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M | – | – | |
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | – | – | |
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | – | USD 13.95 B | 70,000 | |
Provider of software development, data analytics, and other IT suite services | 1993 | Newtown Square, Pennsylvania, United States | USD 50 M | USD 5.46 B | 61,200 | |
Provider of HR and payroll & workforce management solutions | 1977 | Weston, Florida, United States | – | – | – | |
HR management services are provided by Wanted in South Korea. | 2015 | Seoul, South Korea | USD 9 M | USD 26.43 M | 179 | |
End-to-end HR services are provided globally by Gi Group. | 1998 | Milan, Lombardy, Italy | – | – | – |
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Frequently Asked Questions about Kanvitech Solutions
Kanvitech Solutions was founded in 2020.
Kanvitech Solutions is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Kanvitech Solutions has 11 employees.
The primary company behind Kanvitech Solutions, Kanvitech Solutions Private Limited, reported revenue of ₹3.71 Cr for FY 2024, up 77% year on year.
Kanvitech Solutions, established in 2020, excels in leveraging cutting-edge technology, software, development services, and staffing solutions. Provides software development, staffing, and other professional solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Kanvitech Solutions's top competitors include RedShelf, Unicorn and Hedgehog lab.
Kanvitech Solutions operates through Kanvitech Solutions Private Limited.
The legal entities of Kanvitech Solutions currently have 2 directors, including Chavali Venkata Naga Lakshmi, Chavali Venkata Sunil Kumar Reddy.