
About NeoLotex
NeoLotex is a Business Services company based in Bengaluru (India) founded in 2010. It offers diversified application development and business process outsourcing services. It operates on a B2B model. The company has 57 employees. Its Indian entity Neolotex Business Solutions Private Limited reported revenue of βΉ5.04 Cr. Its focus areas include Technology, Information Technology, Application Development and BPO Services. Its competitors include Tech Mahindra and HCL Technologies.
Company details
NeoLotex offers diversified application development and business process outsourcing services, focusing on leveraging cutting-edge technology, information technology, application development, and bpo services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 57
- SectorsBusiness Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website neolotex.com
- Social LinkedIn X Facebook Instagram
- Legal Name Neolotex Business Solutions Private Limited
- Date of Incorporation 13 Nov, 2015
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹5.04 Cr
FY 2024 · +42% YoY
- Net Profit₹16.5 Lakh
FY 2024 · 3% margin
- EBITDA₹56.2 Lakh
FY 2024 · 11% margin
- Employee Count57
Associated legal entities of NeoLotex
NeoLotex operates through Neolotex Business Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neolotex Business Solutions Private Limited CIN U74900KA2015PTC084083 | Active | 13 Nov 2015 | Bangalore, Karnataka | ₹5.0 Cr | 57 | 3 | View details |
Board of directors of Neolotex Business Solutions Private Limited (NeoLotex)
Neolotex Business Solutions Private Limited is the primary company behind NeoLotex. The board of Neolotex Business Solutions Private Limited currently have 3 directors; the longest-serving is Mohanachandran Nair Renjith Krishnakumar, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohanachandran Nair Renjith Krishnakumar DIN 06844802 | Director | 13 Nov 2015 | 10 yrs 11 mo | Neolotex Business Solutions Private Limited |
| Praveen Kumar DIN 07231866 | Director | 13 Nov 2015 | 10 yrs 11 mo | Neolotex Business Solutions Private Limited |
| Haneef Mohammed Sherief DIN 09221442 | Director | 30 Jun 2021 | 5 yrs 4 mo | Neolotex Business Solutions Private Limited |
Financials of NeoLotex
Figures of Neolotex Business Solutions Private Limited, the primary company behind NeoLotex, for FY 2024. Revenue was ₹5.04 Cr (+42% year on year). Net profit was ₹16.5 Lakh (3% margin). EBITDA was ₹56.2 Lakh (11% margin). Revenue has grown at a compounded annual rate of +63% over three years and +16% over five years.
- ₹5.04 CrRevenue · FY 2024 · +42% YoY
- ₹16.5 LakhNet profit · 3% margin
- ₹56.2 LakhEBITDA · 11% margin
- ₹6.4 LakhPaid-up capital
- 57Employees (provident fund records)
- +63%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neolotex Business Solutions Private Limited are on its company page.
Detailed financial statements for NeoLotex
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Competitors of NeoLotex
NeoLotex has 2 listed competitors in our database. They include Tech Mahindra and HCL Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| techmahindra.com | 1986 | Pune, India | 110,240 | Provider of data analytics, cloud management, and business process outsourcing services | ||
| hcltech.com | 1976 | Noida, India | 118,815 | Provider of data analytics, cloud, networking, cyber security, support, and other outsourcing services |
Detailed competitors of NeoLotex
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Verified entity values are shown only after access is granted.
Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as NeoLotex (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 299 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 2.03 B | 5,688 |
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Frequently Asked Questions about NeoLotex
NeoLotex was founded in 2010.
NeoLotex is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
NeoLotex has 57 employees.
The primary company behind NeoLotex, Neolotex Business Solutions Private Limited, reported revenue of βΉ5.04 Cr for FY 2024, up 42% year on year.
NeoLotex offers diversified application development and business process outsourcing services, focusing on leveraging cutting-edge technology, information technology, application development, and bpo services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
NeoLotex's top competitors include Tech Mahindra and HCL Technologies.
NeoLotex operates through Neolotex Business Solutions Private Limited.
The legal entities of NeoLotex currently have 3 directors, including Mohanachandran Nair Renjith Krishnakumar, Haneef Mohammed Sherief, Praveen Kumar.