About Parnets Digital Advertisements
Parnets Digital Advertisements is a Technology company based in Bengaluru (India) founded in 2012. It offers application development and hosting services. It operates on a B2B model. Its Indian entity Parnets Digital Advertisement Private Limited (Opc) reported revenue of ₹5.7 Lakh. Its focus areas include Software Services, Application Development and Hosting. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Parnets Digital Advertisements, established in 2012, excels in leveraging cutting-edge technology, software services, application development, and hosting. Offers application development and hosting services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website parnets.in
- Social X Facebook
- Legal Name Parnets Digital Advertisement Private Limited (Opc)
- Date of Incorporation 29 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.7 Lakh
FY 2019 · +21% YoY
- Net Loss-₹49,168
FY 2019 · -9% margin
- EBITDA₹49,074
FY 2019 · 9% margin
Associated legal entities of Parnets Digital Advertisements
Parnets Digital Advertisements operates through Parnets Digital Advertisement Private Limited (Opc) (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parnets Digital Advertisement Private Limited (Opc) CIN U72900KA2016OPC096825 | Active | 29 Sep 2016 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Board of directors of Parnets Digital Advertisement Private Limited (Opc) (Parnets Digital Advertisements)
Parnets Digital Advertisement Private Limited (Opc) is the primary company behind Parnets Digital Advertisements. The board of Parnets Digital Advertisement Private Limited (Opc) currently have 2 directors; the longest-serving is Nabeen Kumar Tiwary, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nabeen Kumar Tiwary DIN 08669345 | Director | 10 Aug 2020 | 6 yrs 2 mo | Parnets Digital Advertisement Private Limited (Opc) |
| Praveen Kumar Tiwary DIN 08669344 | Director | 01 Apr 2022 | 4 yrs 6 mo | Parnets Digital Advertisement Private Limited (Opc) |
Financials of Parnets Digital Advertisements
Figures of Parnets Digital Advertisement Private Limited (Opc), the primary company behind Parnets Digital Advertisements, for FY 2019. Revenue was ₹5.7 Lakh (+21% year on year). Net loss was -₹49,168 (-9% margin). EBITDA was ₹49,074 (9% margin).
- ₹5.7 LakhRevenue · FY 2019 · +21% YoY
- -₹49,168Net loss · -9% margin
- ₹49,074EBITDA · 9% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Parnets Digital Advertisement Private Limited (Opc) are on its company page.
Detailed financial statements for Parnets Digital Advertisements
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Parnets Digital Advertisements
Parnets Digital Advertisements 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 Parnets Digital Advertisements
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Domain & Web Infrastructure Services
3 companies that operate in the same segment as Parnets Digital Advertisements (Domain & Web Infrastructure Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers app development, web designing, SEO, and hosting for businesses worldwide. | 2013 | Solapur, Maharashtra, India | ||||
Develops software for energy, healthcare, infrastructure, and digital solutions across various domains. | 2002 | Bengaluru, Karnataka, India | USD 51.89 M | 938 | ||
Provides web hosting, domains, servers, and support for online businesses. | 2007 | Kolkata, West Bengal, India |
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
Frequently Asked Questions about Parnets Digital Advertisements
Parnets Digital Advertisements was founded in 2012.
Parnets Digital Advertisements is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Parnets Digital Advertisements, Parnets Digital Advertisement Private Limited (Opc), reported revenue of ₹5.7 Lakh for FY 2019, up 21% year on year.
Parnets Digital Advertisements, established in 2012, excels in leveraging cutting-edge technology, software services, application development, and hosting. Offers application development and hosting services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Parnets Digital Advertisements's top competitors include Happiest Minds and Datamatics.
Parnets Digital Advertisements operates through Parnets Digital Advertisement Private Limited (Opc).
The legal entities of Parnets Digital Advertisements currently have 2 directors, including Praveen Kumar Tiwary, Nabeen Kumar Tiwary.