About Needsoft Technologies
Needsoft Technologies is an Aerospace, Defense & Maritime company based in Hyderabad (India) founded in 2009. It offers software, GPS vehicle tracking, GIS, and drone survey services to businesses. It operates on a B2B model in Aerospace, Defense & Maritime and Technology sectors. Its Indian entity Need Soft Technologies Private Limited reported revenue of ₹1.54 Cr. Needsoft Technologies offers products and services including GPS Vehicle Tracking System, GIS Development, Drone Survey Services, Custom Software Development, and Web and Mobile Application Development. Its focus areas include Surveying Tech, Aerial Surveying, Drone Surveys and Software Tech. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Needsoft Technologies is a software and IOT development company based in Hyderabad, India, specializing in GPS applications, drone surveys, and GIS solutions. Established in 2009 and ISO certified, it creates custom software, web, and mobile applications while providing testing and manpower recruitment services. The company serves businesses locally, nationally, and internationally by addressing software and information management challenges through innovative integrations.
- Headquarters Hyderabad, India
- SectorsAerospace, Defense & MaritimeTechnology
- Email••••••••
- Website needsofttechnologies.com
- Legal Name Need Soft Technologies Private Limited
- Date of Incorporation 19 Jun, 2009
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.54 Cr
FY 2022 · +42% YoY
- Net Profit₹4.1 Lakh
FY 2022 · 3% margin
- EBITDA₹20.8 Lakh
FY 2022 · 13% margin
Associated legal entities of Needsoft Technologies
Needsoft Technologies operates through Need Soft Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Need Soft Technologies Private Limited CIN U72200TG2009PTC064070 | Active | 19 Jun 2009 | Hyderabad, Telangana | ₹1.5 Cr | 3 | View details |
Products & Services of Needsoft Technologies
Needsoft Technologies offers a comprehensive portfolio of products and services, including GPS Vehicle Tracking System, GIS Development, Drone Survey Services, Custom Software Development, and Web and Mobile Application Development.
System for monitoring vehicle locations using GPS technology
Tools for geographical information system creation and integration
Aerial surveying and mapping using drone technology
Tailored software solutions for business needs
Creation of web and mobile apps for various applications
Board of directors of Need Soft Technologies Private Limited (Needsoft Technologies)
Need Soft Technologies Private Limited is the primary company behind Needsoft Technologies. The board of Need Soft Technologies Private Limited currently have 3 directors; the longest-serving is Janaki Polepalli, appointed in 2009. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Janaki Polepalli DIN 02628906 | Director | 19 Jun 2009 | 17 yrs 4 mo | Need Soft Technologies Private Limited |
| Suguru Shailaja DIN 05290879 | Director | 01 Jun 2012 | 14 yrs 4 mo | Need Soft Technologies Private Limited |
| Pranathi Gummala DIN 09157388 | Director | 14 Aug 2021 | 5 yrs 2 mo | Need Soft Technologies Private Limited |
Financials of Needsoft Technologies
Figures of Need Soft Technologies Private Limited, the primary company behind Needsoft Technologies, for FY 2022. Revenue was ₹1.54 Cr (+42% year on year). Net profit was ₹4.1 Lakh (3% margin). EBITDA was ₹20.8 Lakh (13% margin). Revenue has grown at a compounded annual rate of +31% over three years and +13% over five years.
- ₹1.54 CrRevenue · FY 2022 · +42% YoY
- ₹4.1 LakhNet profit · 3% margin
- ₹20.8 LakhEBITDA · 13% margin
- ₹50 LakhPaid-up capital
- +31%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Need Soft Technologies Private Limited are on its company page.
Detailed financial statements for Needsoft Technologies
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Needsoft Technologies
Needsoft Technologies has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Needsoft Technologies
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Needsoft Technologies (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Frequently Asked Questions about Needsoft Technologies
Needsoft Technologies was founded in 2009.
Needsoft Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Needsoft Technologies, Need Soft Technologies Private Limited, reported revenue of ₹1.54 Cr for FY 2022, up 42% year on year.
Needsoft Technologies is a software and IOT development company based in Hyderabad, India, specializing in GPS applications, drone surveys, and GIS solutions. Established in 2009 and ISO certified, it creates custom software, web, and mobile applications while providing testing and manpower recruitment services. The company serves businesses locally, nationally, and internationally by addressing software and information management challenges through innovative integrations.
Needsoft Technologies's top competitors include Happiest Minds and Datamatics.
Needsoft Technologies offers GPS Vehicle Tracking System, GIS Development, Drone Survey Services, Custom Software Development, and Web and Mobile Application Development.
Needsoft Technologies operates through Need Soft Technologies Private Limited.
The legal entities of Needsoft Technologies currently have 3 directors, including Suguru Shailaja, Janaki Polepalli, Pranathi Gummala.