About Magnetic Infotech
Magnetic Infotech is a company based in Secunderabad (India) founded in 2000. It operates as a B2B and SaaS. The company has 18 employees as of March 31, 2023. Magnetic Infotech offers products and services including MILeVAL, Doc Scan, Recruitment Tests Solution, and End to End Examination Management. Magnetic Infotech operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Secunderabad, India
- Employees 18 as on 31 Mar, 2023
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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- Legal Name Magnetic Infotech Private Limited
- Date of Incorporation 24 Mar, 2000
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.75 M (USD)132.43as on Mar 31, 2023
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Net Profit
$853.03 K (USD)157.52as on Mar 31, 2023
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EBITDA
$1.18 M (USD)150.67as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
18
as on Mar 31, 2023
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Products & Services of Magnetic Infotech
Magnetic Infotech offers a comprehensive portfolio of products and services, including MILeVAL, Doc Scan, Recruitment Tests Solution, and End to End Examination Management.
Software for digitizing answer scripts and on-screen marking with accuracy.
Customized scanners for high-volume document digitization and security.
Platform for managing applications, exams, and results processing.
System for handling pre, during, and post-examination activities securely.
Funding Insights of Magnetic Infotech
Detailed funding history for Magnetic Infotech
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Investments & Acquisitions by Magnetic Infotech
Investment portfolio details for Magnetic Infotech
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Financial Statements - Magnetic Infotech
Detailed financials for Magnetic Infotech
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Magnetic Infotech Comparisons
Peer comparison for Magnetic Infotech
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Competitors of Magnetic Infotech
Magnetic Infotech 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Magnetic Infotech
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Latest news on Magnetic Infotech
Complete news archive for Magnetic Infotech
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Frequently Asked Questions about Magnetic Infotech
Magnetic Infotech was founded in 2000.
Magnetic Infotech is headquartered in Secunderabad, India. It is registered at Secunderabad, Telangana, India.
As of Mar 31, 2023, the latest employee count at Magnetic Infotech is 18.
Annual revenue of Magnetic Infotech is $3.75M as on Mar 31, 2023.
Magnetic Infotech is an IT services provider established in 2000, specializing in digital solutions for education and government sectors. They offer products like MILeVAL for answer script digitization and on-screen evaluation, Doc Scan for high-volume scanning, and tools for recruitment and examination processes. Based in Secunderabad, India, they serve universities, educational boards, and government departments across the country, processing millions of scripts and tests annually with secure and efficient technology.
Magnetic Infotech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Magnetic Infotech offers MILeVAL, Doc Scan, Recruitment Tests Solution, and End to End Examination Management.