About Meta Soft Tech Systems
Meta Soft Tech Systems is a Technology company based in Tiruchirappalli (India) founded in 2013, and was acquired by Mastek in July 2022. It operates as a website development, cloud, and managed IT services are provided. The company has 311 employees. Its Indian entity Meta Soft Tech Systems Private Limited reported revenue of ₹54.09 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Meta Soft Tech Systems was founded in 2013 and is based in Tiruchirappalli, India. Operations focus on the IT sector, where website development services are offered alongside cloud solutions and managed IT support. These services are delivered to clients seeking digital infrastructure and maintenance needs. The company maintains a presence through its domain, metasts.com, supporting regional and potentially broader IT requirements.
- Headquarters Tiruchirappalli, India
- Employees 311
- Stage Acquired
- SectorsTechnology
- Website metasts.com
- Acquired by Mastek (Jul 2022)
- Legal Name Meta Soft Tech Systems Private Limited
- Date of Incorporation 27 Mar, 2013
- Jurisdiction Ahmedabad, Gujarat, India
Associated legal entities of Meta Soft Tech Systems
Meta Soft Tech Systems operates through Meta Soft Tech Systems Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Meta Soft Tech Systems Private Limited CIN U72900GJ2013PTC144141 | Amalgamated | 27 Mar 2013 | Ahmedabad, Gujarat | ₹54.1 Cr | 311 | 2 | View details |
Investors in Meta Soft Tech Systems
Meta Soft Tech Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mastek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of IT services for businesses | 1982 | mastek.com | Mumbai, India |
Investor details for Meta Soft Tech Systems
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Board of directors of Meta Soft Tech Systems Private Limited (Meta Soft Tech Systems)
Meta Soft Tech Systems Private Limited is the primary company behind Meta Soft Tech Systems. The board of Meta Soft Tech Systems Private Limited currently have 2 directors; the longest-serving is Ashank Datta Desai, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashank Datta Desai DIN 00017767 | Director | 02 Aug 2022 | 4 yrs 2 mo | Meta Soft Tech Systems Private Limited |
| Arun Agarwal DIN 09854324 | Director | 07 Jan 2023 | 3 yrs 9 mo | Meta Soft Tech Systems Private Limited |
Financials of Meta Soft Tech Systems
Figures of Meta Soft Tech Systems Private Limited, the primary company behind Meta Soft Tech Systems, for FY 2023. Revenue was ₹54.09 Cr (+86% year on year). Net profit was ₹3.71 Cr (7% margin). EBITDA was ₹6.71 Cr (12% margin). Revenue has grown at a compounded annual rate of +51% over three years and +40% over five years.
- ₹54.09 CrRevenue · FY 2023 · +86% YoY
- ₹3.71 CrNet profit · 7% margin
- ₹6.71 CrEBITDA · 12% margin
- ₹54.4 LakhPaid-up capital
- 311Employees (provident fund records)
- +51%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Meta Soft Tech Systems Private Limited are on its company page.
Detailed financial statements for Meta Soft Tech Systems
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Timeline of Meta Soft Tech Systems
2 dated milestones of Meta Soft Tech Systems across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Meta Soft Tech Systems is founded.
- Exit Acquired by Mastek.
Competitors of Meta Soft Tech Systems
Meta Soft Tech Systems has 9 listed competitors in our database, 3 of them funded. They include 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 | – | 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 Meta Soft Tech Systems
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Meta Soft Tech Systems (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 | 4,473 | |
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 | – | 1,898 | |
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 | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
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 Meta Soft Tech Systems
Meta Soft Tech Systems was founded in 2013.
Meta Soft Tech Systems is headquartered in Tiruchirappalli, India. It is registered at Tiruchirappalli, Tamil Nadu, India.
Meta Soft Tech Systems has 311 employees.
The primary company behind Meta Soft Tech Systems, Meta Soft Tech Systems Private Limited, reported revenue of ₹54.09 Cr for FY 2023, up 86% year on year.
Meta Soft Tech Systems was founded in 2013 and is based in Tiruchirappalli, India. Operations focus on the IT sector, where website development services are offered alongside cloud solutions and managed IT support. These services are delivered to clients seeking digital infrastructure and maintenance needs. The company maintains a presence through its domain, metasts.com, supporting regional and potentially broader IT requirements.
Meta Soft Tech Systems's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Meta Soft Tech Systems has 1 investor. Key investors include Mastek.
Meta Soft Tech Systems operates through Meta Soft Tech Systems Private Limited.
Yes. Meta Soft Tech Systems was acquired by Mastek in July 2022.
The legal entities of Meta Soft Tech Systems currently have 2 directors, including Ashank Datta Desai, Arun Agarwal.