Mindrives

Founded: 2017 • Age: 9 yrs
IT services, staffing solutions, and offshore support in India.

About Mindrives

Mindrives is a Business Services company founded in 2017. IT services, staffing solutions, and offshore support in India. The company has 16 employees. Its Indian entity Mindrives Business Solutions Private Limited reported revenue of β‚Ή1.33 Cr. Mindrives offers products and services including IT Staff Augmentation and Permanent Staffing. Its focus areas include Information Technology, IT Services, Staff Augmentation and Talent Provision.

Company details

Mindrives Business Solutions Pvt. Ltd. was established in 2017 as an IT professional services provider, with its core team holding over 50 years of cumulative experience in IT services and staffing. Various niche technology requirements are catered to by the organization, which is MSME certified and maintains necessary regulatory compliance. Services such as IT staff augmentation, permanent staffing, and offshore project services are offered to address talent needs efficiently, ensuring cost advantages and seamless integration with client teams. Confidentiality and quality are prioritized in all operations.

Key Metrics
  • Indian entity revenue
    ₹1.33 Cr

    FY 2023 · +52% YoY

  • Indian entity net profit
    ₹27.4 Lakh

    FY 2023 · 21% margin

  • Indian entity EBITDA
    ₹33.6 Lakh

    FY 2023 · 25% margin

  • Employee Count
    16

Products & Services of Mindrives

Mindrives offers a comprehensive portfolio of products and services, including IT Staff Augmentation and Permanent Staffing.

IT Staff Augmentation
IT Services

Qualified IT talent is provided to fill project gaps and maintain cost-effectiveness.

Permanent Staffing
HR Services

IT professionals are supplied for seamless integration into core business functions.

Board of directors of Mindrives Business Solutions Private Limited (Mindrives)

Mindrives Business Solutions Private Limited is the primary company behind Mindrives. The board of Mindrives Business Solutions Private Limited currently have 2 directors; the longest-serving is Subhamita Bhattacharya, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Subhamita Bhattacharya
DIN 07781962
Director12 Apr 20179 yrs 7 moMindrives Business Solutions Private Limited
Sudarshan Khan
DIN 07781984
Director12 Apr 20179 yrs 7 moMindrives Business Solutions Private Limited

Financials of Mindrives

Figures of Mindrives Business Solutions Private Limited, the primary company behind Mindrives, for FY 2023. Revenue was ₹1.33 Cr (+52% year on year). Net profit was ₹27.4 Lakh (21% margin). EBITDA was ₹33.6 Lakh (25% margin). Revenue has grown at a compounded annual rate of +38% over three years and +56% over five years.

  • ₹1.33 CrRevenue · FY 2023 · +52% YoY
  • ₹27.4 LakhNet profit · 21% margin
  • ₹33.6 LakhEBITDA · 25% margin
  • ₹1 LakhPaid-up capital
  • 16Employees (provident fund records)
  • +38%Revenue CAGR, 3 years
  • +56%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mindrives Business Solutions Private Limited are on its company page.

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Frequently Asked Questions about Mindrives

Mindrives was founded in 2017.

Mindrives has 16 employees.

The primary company behind Mindrives, Mindrives Business Solutions Private Limited, reported revenue of β‚Ή1.33 Cr for FY 2023, up 52% year on year.

Mindrives Business Solutions Pvt. Ltd. was established in 2017 as an IT professional services provider, with its core team holding over 50 years of cumulative experience in IT services and staffing. Various niche technology requirements are catered to by the organization, which is MSME certified and maintains necessary regulatory compliance. Services such as IT staff augmentation, permanent staffing, and offshore project services are offered to address talent needs efficiently, ensuring cost advantages and seamless integration with client teams. Confidentiality and quality are prioritized in all operations.

Mindrives offers IT Staff Augmentation and Permanent Staffing.

Mindrives operates through Mindrives Business Solutions Private Limited.

The legal entities of Mindrives currently have 2 directors, including Subhamita Bhattacharya, Sudarshan Khan.

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