About Novatree
Novatree is a Technology company based in Kolkata (India). It offers comprehensive web and mobile application development, hosting, SEO, and related services. It operates on a B2B model. Its focus areas include Software Development, Web and Mobile Apps and Development Services. Its legal entity in India is Novatree E-Solutions Private Limited (U72200WB2011PTC162510). Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Novatree offers comprehensive web and mobile application development, hosting, seo, and related services through leveraging cutting-edge technology, creating custom software solutions, web and mobile apps, and development services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Kolkata, India
- SectorsTechnology
- Website novatree.com
- Social X Facebook
- Legal Name Novatree E-Solutions Private Limited
- Date of Incorporation 11 May, 2011
- Jurisdiction Thakurpukur, West Bengal, India
- Annual Revenue₹21,095
FY 2024 · -99% YoY
- Net Profit₹1,908
FY 2024 · 9% margin
- EBITDA₹3,248
FY 2024 · 15% margin
Associated legal entities of Novatree
Novatree operates through Novatree E-Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Novatree E-Solutions Private Limited CIN U72200WB2011PTC162510 | Strike Off | 11 May 2011 | Thakurpukur, West Bengal | ₹0.0 Cr | 2 | View details |
Board of directors of Novatree E-Solutions Private Limited (Novatree)
Novatree E-Solutions Private Limited is the primary company behind Novatree. The board of Novatree E-Solutions Private Limited currently have 2 directors; the longest-serving is Ashok Kumar Agarwal, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashok Kumar Agarwal DIN 00406543 | Director | 11 May 2011 | 15 yrs 5 mo | Novatree E-Solutions Private Limited |
| Ankur Agarwal DIN 01483826 | Director | 11 May 2011 | 15 yrs 5 mo | Novatree E-Solutions Private Limited |
Financials of Novatree
Figures of Novatree E-Solutions Private Limited, the primary company behind Novatree, for FY 2024. Revenue was ₹21,095 (-99% year on year). Net profit was ₹1,908 (9% margin). EBITDA was ₹3,248 (15% margin). Revenue has grown at a compounded annual rate of -53% over three years and -67% over five years.
- ₹21,095Revenue · FY 2024 · -99% YoY
- ₹1,908Net profit · 9% margin
- ₹3,248EBITDA · 15% margin
- ₹1 LakhPaid-up capital
- -53%Revenue CAGR, 3 years
- -67%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Novatree E-Solutions Private Limited are on its company page.
Detailed financial statements for Novatree
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Competitors of Novatree
Novatree 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 Novatree
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Novatree
Novatree is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Novatree, Novatree E-Solutions Private Limited, reported revenue of ₹21,095 for FY 2024, down 99% year on year.
Novatree offers comprehensive web and mobile application development, hosting, seo, and related services through leveraging cutting-edge technology, creating custom software solutions, web and mobile apps, and development services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Novatree's top competitors include Happiest Minds and Datamatics.
Novatree operates through Novatree E-Solutions Private Limited.
The legal entities of Novatree currently have 2 directors, including Ashok Kumar Agarwal, Ankur Agarwal.