About Lucid Technologies
Lucid Technologies is a Technology company based in Chennai (India) founded in 1997, and was acquired by Expleo in May 2022. Data analytics and BI solutions are delivered for industry verticals. The company has 1 employees. Its Indian entity Lucid Technologies And Solutions Private Limited reported revenue of ₹88 Lakh. Lucid Technologies offers products and services including IT Solutions. Its focus areas include Business Services, IT Services, Analytics and Big Data Analytics. Its competitors include eClerx and MathCo; 1 of its 2 listed competitors has raised funding.
Company details
Lucid Tech Solutions provides data analytics and BI solutions for various industry verticals including healthcare, financial services, entertainment, public sector, telecom, manufacturing and retail. The company has four products - RevenueIQ, a HIPAA compliant solution which can be integrated with other healthcare business solutions and provides real-time claims information and can be used to manage revenue life-cycle, cash flows and risks. LucidGreen is an energy consumption monitoring and optimization solution and helps to control IT costs. DQ Monitor is an application for real-time data monitoring and helps to define data quality KPIs and rules to profile existing and incoming data. The company also provides a supplier performance intelligence solution which integrates with various internal existing solutions to extract data relevant to suppliers and score them. The company is based out of India with offices in the US as well.
- Headquarters Chennai, India
- Employees 1
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website lucidtechsol.com
- Social LinkedIn X
- Acquired by Expleo (May 2022)
- Legal Name Lucid Technologies And Solutions Private Limited
- Date of Incorporation 06 Aug, 1997
- Jurisdiction Coimbatore, Tamil Nadu, India
Associated legal entities of Lucid Technologies
Lucid Technologies operates through Lucid Technologies And Solutions Private Limited (converted to llp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lucid Technologies And Solutions Private Limited CIN U72200TZ1997PTC008055 | Converted To Llp | 06 Aug 1997 | Coimbatore, Tamil Nadu | ₹0.9 Cr | 1 | 2 | View details |
Products & Services of Lucid Technologies
Lucid Technologies offers a comprehensive portfolio of products and services, including IT Solutions.
Delivers IT consulting and software solutions for businesses
Investors in Lucid Technologies
Lucid Technologies has secured backing from 1 investor. Prominent investors backing the company include Expleo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business strategy, digital transformation, and technology consulting services are provided. | 1966 | expleo.com |
Investor details for Lucid Technologies
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Board of directors of Lucid Technologies And Solutions Private Limited (Lucid Technologies)
Lucid Technologies And Solutions Private Limited is the primary company behind Lucid Technologies. The board of Lucid Technologies And Solutions Private Limited currently have 2 directors; the longest-serving is Kalyani Jagannathan, appointed in 1997. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalyani Jagannathan DIN 02371318 | Whole-time director | 06 Aug 1997 | 29 yrs 2 mo | Lucid Technologies And Solutions Private Limited |
| Srinath Jagannathan DIN 02371284 | Managing Director | 06 Aug 1997 | 29 yrs 2 mo | Lucid Technologies And Solutions Private Limited |
Financials of Lucid Technologies
Figures of Lucid Technologies And Solutions Private Limited, the primary company behind Lucid Technologies, for FY 2025. Revenue was ₹88 Lakh (-11% year on year). Net loss was -₹21.7 Lakh (-25% margin). EBITDA was ₹14.6 Lakh (17% margin). Revenue has grown at a compounded annual rate of -68% over three years and -39% over five years.
- ₹88 LakhRevenue · FY 2025 · -11% YoY
- -₹21.7 LakhNet loss · -25% margin
- ₹14.6 LakhEBITDA · 17% margin
- ₹4.1 LakhPaid-up capital
- 1Employees (provident fund records)
- -68%Revenue CAGR, 3 years
- -39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lucid Technologies And Solutions Private Limited are on its company page.
Detailed financial statements for Lucid Technologies
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Timeline of Lucid Technologies
2 dated milestones of Lucid Technologies across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Lucid Technologies is founded.
- Exit Acquired by Expleo.
Competitors of Lucid Technologies
Lucid Technologies has 2 listed competitors in our database, 1 of them funded. They include eClerx and MathCo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eclerx.com | 2000 | Mumbai, India | 5,931 | Provider of business processes, change management, analytics, and data-driven insights services | ||
| mathco.com | 2016 | Bengaluru, India | $56.41M | 1,163 | AI and analytics services are delivered globally to enterprises. |
Detailed competitors of Lucid Technologies
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Related news about Lucid Technologies
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Frequently Asked Questions about Lucid Technologies
Lucid Technologies was founded in 1997.
Lucid Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Lucid Technologies has 1 employees.
The primary company behind Lucid Technologies, Lucid Technologies And Solutions Private Limited, reported revenue of ₹88 Lakh for FY 2025, down 11% year on year.
Lucid Tech Solutions provides data analytics and BI solutions for various industry verticals including healthcare, financial services, entertainment, public sector, telecom, manufacturing and retail. The company has four products - RevenueIQ, a HIPAA compliant solution which can be integrated with other healthcare business solutions and provides real-time claims information and can be used to manage revenue life-cycle, cash flows and risks. LucidGreen is an energy consumption monitoring and optimization solution and helps to control IT costs. DQ Monitor is an application for real-time data monitoring and helps to define data quality KPIs and rules to profile existing and incoming data. The company also provides a supplier performance intelligence solution which integrates with various internal existing solutions to extract data relevant to suppliers and score them. The company is based out of India with offices in the US as well.
Lucid Technologies offers IT Solutions.
Lucid Technologies has 1 investor. Key investors include Expleo.
Lucid Technologies operates through Lucid Technologies And Solutions Private Limited.
Yes. Lucid Technologies was acquired by Expleo in May 2022.
The legal entities of Lucid Technologies currently have 2 directors, including Kalyani Jagannathan, Srinath Jagannathan.