About ParamLogic
ParamLogic is a company based in Pune (India) founded in 2020. It operates as a B2B. The company has 26 employees. ParamLogic operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Employees 26
- SectorsTechnology
- Website paramlogic.com
- Social Facebook
- Legal Name Paramlogic Infotech Private Limited
- Date of Incorporation 21 Jul, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹8.85 Cr
FY 2024 · +135% YoY
- Net Profit₹93.3 Lakh
FY 2024 · 11% margin
- EBITDA₹1.35 Cr
FY 2024 · 15% margin
- Employee Count26
Associated legal entities of ParamLogic
ParamLogic operates through Paramlogic Infotech 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 |
|---|---|---|---|---|---|---|---|
| Paramlogic Infotech Private Limited CIN U72501PN2020PTC192242 | Active | 21 Jul 2020 | Pune, Maharashtra | ₹8.8 Cr | 26 | 3 | View details |
Board of directors of Paramlogic Infotech Private Limited (ParamLogic)
Paramlogic Infotech Private Limited is the primary company behind ParamLogic. The board of Paramlogic Infotech Private Limited currently have 3 directors; the longest-serving is Balkrishna Chandrakant Patil, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balkrishna Chandrakant Patil DIN 08803983 | Director | 21 Jul 2020 | 6 yrs 2 mo | Paramlogic Infotech Private Limited |
| Saddam Mahamad Sayyad DIN 08803984 | Director | 21 Jul 2020 | 6 yrs 2 mo | Paramlogic Infotech Private Limited |
| Sharad Baban Gaikwad DIN 08803985 | Director | 21 Jul 2020 | 6 yrs 2 mo | Paramlogic Infotech Private Limited |
Financials of ParamLogic
Figures of Paramlogic Infotech Private Limited, the primary company behind ParamLogic, for FY 2024. Revenue was ₹8.85 Cr (+135% year on year). Net profit was ₹93.3 Lakh (11% margin). EBITDA was ₹1.35 Cr (15% margin). Revenue has grown at a compounded annual rate of +144% over three years.
- ₹8.85 CrRevenue · FY 2024 · +135% YoY
- ₹93.3 LakhNet profit · 11% margin
- ₹1.35 CrEBITDA · 15% margin
- ₹75,000Paid-up capital
- 26Employees (provident fund records)
- +144%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Paramlogic Infotech Private Limited are on its company page.
Detailed financial statements for ParamLogic
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Competitors of ParamLogic
ParamLogic 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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of ParamLogic
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- Full competitor set
- Operating metrics
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Similar companies to ParamLogic
10 companies that operate in the same segment as ParamLogic (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about ParamLogic
ParamLogic was founded in 2020.
ParamLogic is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
ParamLogic has 26 employees.
The primary company behind ParamLogic, Paramlogic Infotech Private Limited, reported revenue of ₹8.85 Cr for FY 2024, up 135% year on year.
ParamLogic, founded in 2020 in Pune, India, focuses on leveraging cutting-edge technology, information technology, providing IT services, and business operations support. Offers a full suite of IT services to enhance daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
ParamLogic's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
ParamLogic operates through Paramlogic Infotech Private Limited.
The legal entities of ParamLogic currently have 3 directors, including Balkrishna Chandrakant Patil, Saddam Mahamad Sayyad, Sharad Baban Gaikwad.