
About LYRA IT Solutions
LYRA IT Solutions is a company based in Kochi (India) founded in 2020. It operates as a B2B. The company has 1 employees. LYRA IT Solutions operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Kochi, India
- Employees 1
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website lyraitsolutions.com
- Legal Name Lyra It Solutions Private Limited
- Date of Incorporation 07 Sep, 2020
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹6.5 Lakh
FY 2023 · +191% YoY
- Net Profit₹55,004
FY 2023 · 8% margin
- EBITDA₹1 Lakh
FY 2023 · 16% margin
- Employee Count1
Associated legal entities of LYRA IT Solutions
LYRA IT Solutions operates through Lyra It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lyra It Solutions Private Limited CIN U51506KL2020PTC064170 | Active | 07 Sep 2020 | Ernakulam, Kerala | ₹0.1 Cr | – | 2 | View details |
Board of directors of Lyra It Solutions Private Limited (LYRA IT Solutions)
Lyra It Solutions Private Limited is the primary company behind LYRA IT Solutions. The board of Lyra It Solutions Private Limited currently have 2 directors; the longest-serving is Mukkil Sreedharan Praveen, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukkil Sreedharan Praveen DIN 08867041 | Director | 07 Sep 2020 | 6 yrs 1 mo | Lyra It Solutions Private Limited |
| Shaiju DIN 09256210 | Director | 27 Jul 2021 | 5 yrs 2 mo | Lyra It Solutions Private Limited |
Financials of LYRA IT Solutions
Figures of Lyra It Solutions Private Limited, the primary company behind LYRA IT Solutions, for FY 2023. Revenue was ₹6.5 Lakh (+191% year on year). Net profit was ₹55,004 (8% margin). EBITDA was ₹1 Lakh (16% margin).
- ₹6.5 LakhRevenue · FY 2023 · +191% YoY
- ₹55,004Net profit · 8% margin
- ₹1 LakhEBITDA · 16% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Lyra It Solutions Private Limited are on its company page.
Detailed financial statements for LYRA IT Solutions
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- Financial ratios
- Five-year trends
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Competitors of LYRA IT Solutions
LYRA IT Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, 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. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of LYRA IT 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.
Similar companies to LYRA IT Solutions
10 companies that operate in the same segment as LYRA IT Solutions (IT Services & Operations), 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 | 1,240 | |
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 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about LYRA IT Solutions
LYRA IT Solutions was founded in 2020.
LYRA IT Solutions is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
LYRA IT Solutions has 1 employees.
The primary company behind LYRA IT Solutions, Lyra It Solutions Private Limited, reported revenue of βΉ6.5 Lakh for FY 2023, up 191% year on year.
LYRA IT Solutions, founded in 2020 in Kochi, India, focuses on leveraging cutting-edge technology, providing IT services, creating custom software solutions, and end-to-end solutions. Delivers end-to-end solutions using advanced software and web technologies. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
LYRA IT Solutions's top competitors include Hedgehog lab, AlmavivA and AKQA.
LYRA IT Solutions operates through Lyra It Solutions Private Limited.
The legal entities of LYRA IT Solutions currently have 2 directors, including Shaiju, Mukkil Sreedharan Praveen.