Paramatrix

Mumbai, India Founded: 2004 • Age: 22 yrs
Provider of software development services

About Paramatrix

Paramatrix is a company based in Mumbai (India) founded in 2004 by Mukesh Thumar Keshubhai.. The company has 186 employees as of April 08, 2024. Paramatrix has completed 1 acquisition, including MetaSys Software. Paramatrix offers products and services including XSIGHT, PLAYMITY, EPPM, ITCS, and PACE. Paramatrix operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Mumbai, India
  • Employees 186 as on 08 Apr, 2024
  • Founders Mukesh Thumar Keshubhai
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Paramatrix Technologies Ltd.
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $3.35 M (USD)
    2.21
    as on Mar 31, 2025
  • Net Profit
    $673.62 K (USD)
    39.3
    as on Mar 31, 2025
  • EBITDA
    $635.58 K (USD)
    -5.9
    as on Mar 31, 2025
  • Latest Funding Round
  • Investors
  • Employee Count
    186

    as on Apr 08, 2024

  • Investments & Acquisitions
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IPO & Listings of Paramatrix

Paramatrix is a publicly listed company on the NSE with ticker symbol PARAMATRIX in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: PARAMATRIX . Sector: Technology services · India

Products & Services of Paramatrix

Paramatrix offers a comprehensive portfolio of products and services, including XSIGHT, PLAYMITY, EPPM, ITCS, and PACE. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for enhancing digital capabilities and productivity.

Solution for sales motivation and enterprise strategies.

Tool for enterprise process and legacy transformation.

Service for technology consulting and digital innovation.

Framework for modernizing legacy systems in enterprises.

Platform for data analytics and warehousing solutions.

Tool for managing and hosting digital events.

Service for cyber security and protection measures.

System for employee and sales incentives management.

People of Paramatrix
Headcount 200-500
Employee Profiles 14
Employee Profiles
People
Parimal Patel
Chief Financial Officer
People
Mukesh Thumar
CEO
People
Manali Yadav
Senior Executive Human Resources
People
Kshitij Salvi
Associate System Support Engineer

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Funding Insights of Paramatrix

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Paramatrix

Paramatrix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MetaSys Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provides bespoke software development, products, and services for global clients.
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Paramatrix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Paramatrix Comparisons

Employees
+
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Competitors of Paramatrix

Paramatrix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Paramatrix

Frequently Asked Questions about Paramatrix

When was Paramatrix founded?

Paramatrix was founded in 2004.

Where is Paramatrix located?

Paramatrix is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Paramatrix?

Mukesh Thumar Keshubhai is the current CEO of Paramatrix. They have also founded this company.

How many employees does Paramatrix have?

As of Apr 08, 2024, the latest employee count at Paramatrix is 186.

What is the annual revenue of Paramatrix?

Annual revenue of Paramatrix is $3.35M as on Mar 31, 2025.

What does Paramatrix do?

Paramatrix was founded in 2004 and is headquartered in Mumbai, India. Software development services are offered to enterprises in the technology sector, including custom development, application upgradation, integration, and optimization. Framework architecture, inter-app connectivity, and design solutions are also provided. Clients served include Kotak, ICICI, NSE, Daiwa Capital Markets, and Edelweiss. The company operates primarily in the Indian market.

Who are the top competitors of Paramatrix?

Paramatrix's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

What products or services does Paramatrix offer?

Paramatrix offers XSIGHT, PLAYMITY, EPPM, ITCS, and 5 more products and services.

Is Paramatrix publicly traded?

Yes, Paramatrix is publicly traded on NSE under the ticker symbol PARAMATRIX.

How many acquisitions has Paramatrix made?

Paramatrix has made 1 acquisition, including MetaSys Software.

What is Paramatrix's ticker symbol?

The ticker symbol of Paramatrix is PARAMATRIX on NSE.

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