About Parallelstack
Parallelstack is a Technology company based in Gurugram (India) founded in 2016 by Renu and Animesh Bansriyar. It provides comprehensive cloud-based machine learning services for businesses. It operates on a B2B model. Its focus areas include Software, Artificial Intelligence and Cloud Services. Its legal entity in India is Parallelstack Systems Private Limited (U72502JH2016PTC008917). Its competitors include Tech Mahindra and Firstsource.
Company details
Parallelstack operates with a B2B model, focusing on leveraging cutting-edge technology, software, developing AI-driven solutions, and providing cloud services. Provides comprehensive cloud-based machine learning services for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Gurugram, India
- Founders Renu, Animesh Bansriyar
- SectorsTechnology
- Website parallelstack.com
- Social X
- Legal Name Parallelstack Systems Private Limited
- Date of Incorporation 27 Jun, 2016
- Jurisdiction Ranchi, Jharkhand, India
- Net Loss-₹33,350
FY 2017 · 0% margin
- EBITDA-₹27,600
FY 2017 · 0% margin
Associated legal entities of Parallelstack
Parallelstack operates through Parallelstack Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parallelstack Systems Private Limited CIN U72502JH2016PTC008917 | Active | 27 Jun 2016 | Ranchi, Jharkhand | 2 | View details |
Board of directors of Parallelstack Systems Private Limited (Parallelstack)
Parallelstack Systems Private Limited is the primary company behind Parallelstack. The board of Parallelstack Systems Private Limited currently have 2 directors; the longest-serving is Animesh Bansriyar, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Animesh Bansriyar DIN 03137866 | Director | 27 Jun 2016 | 10 yrs 4 mo | Parallelstack Systems Private Limited |
| Renu Rai DIN 07485961 | Director | 27 Jun 2016 | 10 yrs 4 mo | Parallelstack Systems Private Limited |
People of Parallelstack
2 people are tracked at Parallelstack (2 in leadership).
| Name | Role | Group |
|---|---|---|
Renu | Co-Founder | Leadership |
| Founder | Leadership |
Complete people profiles for Parallelstack
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of Parallelstack
Figures of Parallelstack Systems Private Limited, the primary company behind Parallelstack, for FY 2017. Net loss was -₹33,350 (0% margin). EBITDA was -₹27,600 (0% margin).
- -₹33,350Net loss · 0% margin
- -₹27,600EBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Parallelstack Systems Private Limited are on its company page.
Detailed financial statements for Parallelstack
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Competitors of Parallelstack
Parallelstack has 2 listed competitors in our database. They include Tech Mahindra and Firstsource.
| 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 | ||
| firstsource.com | 2001 | Mumbai, India | 27,940 | Firstsource is recognized as a global business process management partner. |
Detailed competitors of Parallelstack
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in AI in Software Development
3 companies that operate in the same segment as Parallelstack (AI in Software Development) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI startup acceleration and networking services are offered globally. | 2017 | Bengaluru, Karnataka, India | ||||
Offers IT consulting, software development, cloud services, and security solutions. | 2001 | Gurugram, Haryana, India | USD 34.97 M | 1,072 | ||
Deep-tech venture capital investments in early-stage companies. | 2016 | Bengaluru, Karnataka, India |
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Frequently Asked Questions about Parallelstack
Parallelstack was founded in 2016.
Parallelstack is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Parallelstack operates with a B2B model, focusing on leveraging cutting-edge technology, software, developing AI-driven solutions, and providing cloud services. Provides comprehensive cloud-based machine learning services for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Parallelstack's top competitors include Tech Mahindra and Firstsource.
Parallelstack operates through Parallelstack Systems Private Limited.
The legal entities of Parallelstack currently have 2 directors, including Animesh Bansriyar, Renu Rai.