About KarvyNext
KarvyNext is a Retail company based in Hyderabad (India) founded in 2016. It provides comprehensive e-commerce solutions tailored for retailers. It operates on a B2B model. The company has 266 employees. Its Indian entity Karvy Data Management Services Limited reported revenue of ₹398 Cr. Its focus areas include Technology, E-commerce, Retail Solutions and Platform Services.
Company details
KarvyNext provides comprehensive e-commerce solutions tailored for retailers, focusing on leveraging cutting-edge technology, operating online marketplaces, retail solutions, and platform services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Employees 266
- SectorsRetail
- Website karvynext.com
- Social X Facebook
- Legal Name Karvy Data Management Services Limited
- Date of Incorporation 21 Apr, 2008
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹398 Cr
FY 2020 · -28% YoY
- Net Profit₹40.80 Cr
FY 2020 · 4% margin
- EBITDA₹193 Cr
FY 2020 · 21% margin
- Employee Count266
Associated legal entities of KarvyNext
KarvyNext operates through Karvy Data Management Services Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karvy Data Management Services Limited CIN U72300TG2008PLC058738 | Under Cirp | 21 Apr 2008 | Hyderabad, Telangana | ₹398 Cr | 266 | 4 | View details |
Board of directors of Karvy Data Management Services Limited (KarvyNext)
Karvy Data Management Services Limited is the primary company behind KarvyNext. The board of Karvy Data Management Services Limited currently have 4 directors; the longest-serving is Katta Sitaram Reddy, appointed in 2024. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Katta Sitaram Reddy DIN 02052356 | Director | 21 Dec 2024 | 1 yr 10 mo | Karvy Data Management Services Limited |
| Anshuman Modugu Reddy DIN 09848914 | Director | 21 Dec 2024 | 1 yr 10 mo | Karvy Data Management Services Limited |
| Praveena Katta DIN 02311831 | Director | 21 Dec 2024 | 1 yr 10 mo | Karvy Data Management Services Limited |
| Katta Sundeep Reddy DIN 06458901 | Managing Director | 26 Mar 2025 | 1 yr 7 mo | Karvy Data Management Services Limited |
Financials of KarvyNext
Figures of Karvy Data Management Services Limited, the primary company behind KarvyNext, for FY 2020. Revenue was ₹398 Cr (-28% year on year). Net profit was ₹40.80 Cr (4% margin). EBITDA was ₹193 Cr (21% margin). Revenue has grown at a compounded annual rate of +31% over three years and +35% over five years.
- ₹398 CrRevenue · FY 2020 · -28% YoY
- ₹40.80 CrNet profit · 4% margin
- ₹193 CrEBITDA · 21% margin
- ₹1,083 CrPaid-up capital
- 266Employees (provident fund records)
- +31%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karvy Data Management Services Limited are on its company page.
Detailed financial statements for KarvyNext
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.
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 Karvynext
Complete news archive for KarvyNext
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 KarvyNext
KarvyNext was founded in 2016.
KarvyNext is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
KarvyNext has 266 employees.
The primary company behind KarvyNext, Karvy Data Management Services Limited, reported revenue of ₹398 Cr for FY 2020, down 28% year on year.
KarvyNext provides comprehensive e-commerce solutions tailored for retailers, focusing on leveraging cutting-edge technology, operating online marketplaces, retail solutions, and platform services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
KarvyNext operates through Karvy Data Management Services Limited.
The legal entities of KarvyNext currently have 4 directors, including Katta Sitaram Reddy, Anshuman Modugu Reddy, Praveena Katta and others.