About PennyWise Solutions
PennyWise Solutions is a Technology company based in Hyderabad (India) founded in 2003 by Anand Morzaria. It offers digital experience platforms, commerce solutions, custom development, analytics, and marketing services. It operates on a B2B model in Technology and Retail sectors. The company has 182 employees. Its Indian entity Pennywise Solutions Private Limited reported revenue of ₹60.61 Cr. PennyWise Solutions offers products and services including Sitecore Consulting, Acquia Consulting, Magento Commerce Development, Custom App Development, and Digital Marketing Services. Its focus areas include Digital Experience, Platforms, Sitecore and Digital Commerce.
Company details
PennyWise Solutions is a digital technology company based in Hyderabad, India, specializing in services like digital experience platforms, e-commerce development, custom app creation, data analytics, and digital marketing. They assist enterprises worldwide with digital transformation using technologies such as Sitecore and Azure. Their activities include consulting, development, and design to enhance customer experiences and business operations, serving clients in various sectors.
- Headquarters Hyderabad, India
- Employees 182
- Founders Anand Morzaria
- SectorsTechnologyRetail
- Email••••••••
- Phone•••• ••••
- Website pennywisesolutions.com
- Social LinkedIn X
- Legal Name Pennywise Solutions Private Limited
- Date of Incorporation 06 Jun, 2003
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹60.61 Cr
FY 2023 · -1% YoY
- Net Profit₹6.76 Cr
FY 2023
- EBITDA₹19.94 Cr
FY 2023 · 33% margin
- Employee Count182
Associated legal entities of PennyWise Solutions
PennyWise Solutions operates through Pennywise Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pennywise Solutions Private Limited CIN U72200TG2003PTC041120 | Active | 06 Jun 2003 | Hyderabad, Telangana | ₹60.6 Cr | 182 | 3 | View details |
Products & Services of PennyWise Solutions
PennyWise Solutions offers a comprehensive portfolio of products and services, including Sitecore Consulting, Acquia Consulting, Magento Commerce Development, Custom App Development, and Digital Marketing Services.
Consulting for building customer experiences using Sitecore platforms.
Services for Drupal-based digital solutions and content management.
Development of online commerce platforms for retail and sales.
Building enterprise-grade apps in .NET, PHP, and Java technologies.
SEO and social media strategies to drive traffic and engagement.
Board of directors of Pennywise Solutions Private Limited (PennyWise Solutions)
Pennywise Solutions Private Limited is the primary company behind PennyWise Solutions. The board of Pennywise Solutions Private Limited currently have 3 directors; the longest-serving is Pavan Pochu, appointed in 2003. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pavan Pochu DIN 01519336 | Whole-time director | 06 Jun 2003 | 23 yrs 4 mo | Pennywise Solutions Private Limited |
| Andrew S Kochar DIN 08861711 | Director | 09 Sep 2020 | 6 yrs 1 mo | Pennywise Solutions Private Limited |
| Abhishek Singh Gaur DIN 02632271 | Director | 01 Apr 2023 | 3 yrs 6 mo | Pennywise Solutions Private Limited |
People of PennyWise Solutions
1 people are tracked at PennyWise Solutions (1 in leadership); the tracked headcount is 182.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for PennyWise Solutions
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Financials of PennyWise Solutions
Figures of Pennywise Solutions Private Limited, the primary company behind PennyWise Solutions, for FY 2023. Revenue was ₹60.61 Cr (-1% year on year). Net profit was ₹6.76 Cr. EBITDA was ₹19.94 Cr (33% margin). Revenue has grown at a compounded annual rate of +7% over three years and +12% over five years.
- ₹60.61 CrRevenue · FY 2023 · -1% YoY
- ₹6.76 CrNet profit
- ₹19.94 CrEBITDA · 33% margin
- ₹11.3 LakhPaid-up capital
- 182Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pennywise Solutions Private Limited are on its company page.
Detailed financial statements for PennyWise Solutions
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Web traffic of PennyWise Solutions
The website of PennyWise Solutions (pennywisesolutions.com) receives about 1K visits a month.
- Monthly visits1K
▲ 52.4% vs previous month
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Frequently Asked Questions about PennyWise Solutions
PennyWise Solutions was founded in 2003.
PennyWise Solutions is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
PennyWise Solutions has 182 employees.
The primary company behind PennyWise Solutions, Pennywise Solutions Private Limited, reported revenue of ₹60.61 Cr for FY 2023, down 1% year on year.
PennyWise Solutions is a digital technology company based in Hyderabad, India, specializing in services like digital experience platforms, e-commerce development, custom app creation, data analytics, and digital marketing. They assist enterprises worldwide with digital transformation using technologies such as Sitecore and Azure. Their activities include consulting, development, and design to enhance customer experiences and business operations, serving clients in various sectors.
PennyWise Solutions offers Sitecore Consulting, Acquia Consulting, Magento Commerce Development, Custom App Development, and Digital Marketing Services.
PennyWise Solutions operates through Pennywise Solutions Private Limited.
The legal entities of PennyWise Solutions currently have 3 directors, including Pavan Pochu, Andrew S Kochar, Abhishek Singh Gaur.