About Medrec Technologies
Medrec Technologies is a company based in London (United Kingdom) founded in 2016. It operates as a B2B. Medrec Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter London, United Kingdom
- SectorsTechnology
- Website medrectechnologies.com
- Legal Name Medrec Technologies Ltd
- Date of Incorporation 10 Nov, 2017
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue₹1.02 Cr
FY 2021 · -19% YoY
- Net Profit₹76,118
FY 2021 · 1% margin
- EBITDA₹6.5 Lakh
FY 2021 · 6% margin
Associated legal entities of Medrec Technologies
Medrec Technologies operates through Medrec Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medrec Technologies Private Limited CIN U72900BR2017PTC034355 | Active | 20 Apr 2017 | Jehanabad, Bihar | ₹1.0 Cr | – | 2 | View details |
Board of directors of Medrec Technologies Private Limited (Medrec Technologies)
Medrec Technologies Private Limited is the primary company behind Medrec Technologies. The board of Medrec Technologies Private Limited currently have 2 directors; the longest-serving is Urmila Kumari, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Urmila Kumari DIN 07793055 | Director | 20 Apr 2017 | 9 yrs 5 mo | Medrec Technologies Private Limited |
| Rajeev Kumar DIN 07799330 | Director | 20 Apr 2017 | 9 yrs 5 mo | Medrec Technologies Private Limited |
People of Medrec Technologies
6 people are tracked at Medrec Technologies (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
RAjeev Singh | VP Engineering / CTO | Leadership |
Amit Pandey | Technology Head, Microsoft and Cloud Platforms | Leadership |
SATSH KUMAR AGRAWAL | Software Developer | Team |
VIJAY KUMAR | Software Developer | Team |
Priya Taneja | Senior Software Engineer | Team |
Ranjit Kumar | Android Developer | Team |
Complete people profiles for Medrec Technologies
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Financials of Medrec Technologies
Figures of Medrec Technologies Private Limited, the primary company behind Medrec Technologies, for FY 2021. Revenue was ₹1.02 Cr (-19% year on year). Net profit was ₹76,118 (1% margin). EBITDA was ₹6.5 Lakh (6% margin). Revenue has grown at a compounded annual rate of +141% over three years.
- ₹1.02 CrRevenue · FY 2021 · -19% YoY
- ₹76,118Net profit · 1% margin
- ₹6.5 LakhEBITDA · 6% margin
- ₹1 LakhPaid-up capital
- +141%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Medrec Technologies Private Limited are on its company page.
Detailed financial statements for Medrec Technologies
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Competitors of Medrec Technologies
Medrec Technologies 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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Medrec Technologies
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Similar companies to Medrec Technologies
10 companies that operate in the same segment as Medrec Technologies (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 Medrec Technologies
Medrec Technologies was founded in 2016.
Medrec Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
The primary company behind Medrec Technologies, Medrec Technologies Private Limited, reported revenue of ₹1.02 Cr for FY 2021, down 19% year on year.
Medrec Technologies, based in London, focuses on information technology, software services, developing real estate projects, and mobile and cloud solutions. Delivers comprehensive software, mobile application development, cloud, consulting, testing, and related services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Medrec Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Medrec Technologies operates through Medrec Technologies Private Limited.
The legal entities of Medrec Technologies currently have 2 directors, including Urmila Kumari, Rajeev Kumar.