About Oremus Corp
Oremus Corp is a company based in Hyderabad (India) founded in 2002 by Suresh Gupta, Raj Rayaprolu, and Padmanabhan Bala was acquired by Fornax Consulting in January 2025. It operates as a Professional Services and Managed Services. Oremus Corp has raised $203.05 thousand across 1 funding round from investors including Fornax Consulting, Woronzow Enterprises and Mylktree Consultants. The company has 22 employees as of March 31, 2023. Oremus Corp has completed 2 acquisitions, including Escribe and Intellisys Technology. Oremus Corp offers products and services including Finance & Accounting, Payroll Management, Tax & Corporate Compliances, Advisory Services, and Business Process Management.
- Headquarter Hyderabad, India
- Employees 22 as on 31 Mar, 2023
- Founders Suresh Gupta, Raj Rayaprolu, Padmanabhan Bala
- Stage Minicorn
-
Sectors
Business Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Fornax Corporate Services
-
Annual Revenue
$5.33 M (USD)22as on Mar 31, 2023
-
Net Profit
$157.25 K (USD)-47as on Mar 31, 2023
-
EBITDA
$579.53 K (USD)-8as on Mar 31, 2023
-
Total Equity Funding
$203.05 K (USD)
in 1 rounds
-
Latest Funding Round
$203.05 K (USD), Seed
Aug 30, 2017
-
Investors
Fornax Consulting
& 2 more
-
Employee Count
22
as on Mar 31, 2023
-
Investments & Acquisitions
Escribe
& 1 more
-
Acquired by
Fornax Consulting
(Jan 29, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Oremus Corp
Oremus Corp offers a comprehensive portfolio of products and services, including Finance & Accounting, Payroll Management, Tax & Corporate Compliances, Advisory Services, and Business Process Management.
Services for general accounting and financial reporting are provided.
Payroll processing and maintenance services are efficiently managed.
Tax planning and compliance filings are expertly handled.
Budgeting and risk assessment services are comprehensively offered.
Procure-to-pay and order-to-cash processes are effectively managed.
People of Oremus Corp
Unlock access to complete
Funding Insights of Oremus Corp
Oremus Corp has successfully raised a total of $203.05K through 1 strategic funding round. The most recent funding activity was a Seed round of $203.05 thousand completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Oremus Corp
Oremus Corp has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fornax Consulting, Woronzow Enterprises and Mylktree Consultants.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked | |
|
Consulting services in strategy, operations, technology, and finance are provided.
|
Locked | Locked | Locked |
Investor details for Oremus Corp
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Oremus Corp
Oremus Corp has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Escribe and Intellisys Technology.
Investment portfolio details for Oremus Corp
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Accounting and BPO services are provided by Escribe to firms.
|
Locked | Locked | 2003 | Locked | |
|
IT services and solutions are provided from Illinois base.
|
Locked | Locked | 1997 | Locked |
Complete acquisition details for Oremus Corp
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Oremus Corp
Detailed financials for Oremus Corp
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Oremus Corp Comparisons
Peer comparison for Oremus Corp
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Oremus Corp
Detailed competitors of Oremus Corp
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Oremus Corp
Complete news archive for Oremus Corp
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Oremus Corp
Oremus Corp was founded in 2002 and raised its 1st funding round 15 years after it was founded.
Oremus Corp is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Lalit Ananth Chawla is the current CEO of Oremus Corp.
Oremus Corp is a funded company, having raised a total of $203.05K across 1 funding round to date.
As of Mar 31, 2023, the latest employee count at Oremus Corp is 22.
Annual revenue of Oremus Corp is $5.33M as on Mar 31, 2023.
Oremus Corp is involved in delivering specialized services in accounting, payroll, tax, and compliance across India, the USA, and the UK. The company is focused on streamlining back-office operations for businesses in various sectors including agriculture, construction, education, fintech, and manufacturing. Customized solutions are provided to meet specific client needs, ensuring adherence to high-quality and security standards. With over 20 years of experience, operations are optimized to support organizational growth. As part of Fornax Group, backed by Carpediem Capital, technology and innovation are integrated to enhance service delivery in finance and accounting transformation.
Oremus Corp offers Finance & Accounting, Payroll Management, Tax & Corporate Compliances, Advisory Services, and Business Process Management.
Oremus Corp has made 2 acquisitions, including Escribe, and Intellisys Technology.
Oremus Corp has 3 investors. Key investors include Fornax Consulting, Woronzow Enterprises, and Mylktree Consultants.
The valuation of Oremus Corp is $9.87M as of Aug 2017.