About Neospear
Neospear is a Technology company based in Bengaluru (India) founded in 2016. It offers software, hardware, security, and defense services to help clients meet their objectives. It operates on a B2B model. Its Indian entity Neospear Software And Defence Services Private Limited reported revenue of ₹24 Lakh. Its focus areas include IT Services, Consulting and Solutions and Software and Security. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Neospear operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, consulting and solutions, and software and security. Offers software, hardware, security, and defense services to help clients meet their objectives. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website neospear.com
- Legal Name Neospear Software And Defence Services Private Limited
- Date of Incorporation 01 Dec, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹24 Lakh
FY 2024 · -27% YoY
- Net Profit₹32,017
FY 2024 · 1% margin
- EBITDA₹43,271
FY 2024 · 2% margin
Associated legal entities of Neospear
Neospear operates through Neospear Software And Defence Services 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 |
|---|---|---|---|---|---|---|---|
| Neospear Software And Defence Services Private Limited CIN U74999KA2016PTC098141 | Active | 01 Dec 2016 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details |
Board of directors of Neospear Software And Defence Services Private Limited (Neospear)
Neospear Software And Defence Services Private Limited is the primary company behind Neospear. The board of Neospear Software And Defence Services Private Limited currently have 2 directors; the longest-serving is Priya Sibi Varghese, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priya Sibi Varghese DIN 07622338 | Director | 01 Dec 2016 | 9 yrs 10 mo | Neospear Software And Defence Services Private Limited |
| Sibi Varghese DIN 07622326 | Director | 01 Dec 2016 | 9 yrs 10 mo | Neospear Software And Defence Services Private Limited |
Financials of Neospear
Figures of Neospear Software And Defence Services Private Limited, the primary company behind Neospear, for FY 2024. Revenue was ₹24 Lakh (-27% year on year). Net profit was ₹32,017 (1% margin). EBITDA was ₹43,271 (2% margin). Revenue has grown at a compounded annual rate of -32% over three years and -9% over five years.
- ₹24 LakhRevenue · FY 2024 · -27% YoY
- ₹32,017Net profit · 1% margin
- ₹43,271EBITDA · 2% margin
- ₹2 LakhPaid-up capital
- -32%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neospear Software And Defence Services Private Limited are on its company page.
Detailed financial statements for Neospear
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Competitors of Neospear
Neospear 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 Neospear
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Frequently Asked Questions about Neospear
Neospear was founded in 2016.
Neospear is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Neospear, Neospear Software And Defence Services Private Limited, reported revenue of ₹24 Lakh for FY 2024, down 27% year on year.
Neospear operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, consulting and solutions, and software and security. Offers software, hardware, security, and defense services to help clients meet their objectives. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Neospear's top competitors include Happiest Minds and Datamatics.
Neospear operates through Neospear Software And Defence Services Private Limited.
The legal entities of Neospear currently have 2 directors, including Priya Sibi Varghese, Sibi Varghese.