Phaethon Technologies

Kochi, India Founded: 2019 • Age: 7 yrs
Delivers software development and digital transformation services.
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About Phaethon Technologies

Phaethon Technologies is a Business Services company based in Kochi (India) founded in 2019 by Hrishi Raj, Lakhan Darshan, Athil Gafoor, and Sangeeth S Nair. It delivers software development and digital transformation services. It operates on a B2B model. Its Indian entity Phaethon Technologies Private Limited reported revenue of ₹79.1 Lakh. Its focus areas include Technology, Software, Product Development and Digital Transformation.

Company details

Phaethon Technologies delivers software development and digital transformation services through leveraging cutting-edge technology, software, developing products, and driving digital transformation. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Business Services → Digital Transformation & Automation Services
Key Metrics
  • Annual Revenue
    ₹79.1 Lakh

    FY 2024 · -47% YoY

  • Net Loss
    -₹7.4 Lakh

    FY 2024 · -9% margin

  • EBITDA
    -₹4.2 Lakh

    FY 2024 · -5% margin

Board of directors of Phaethon Technologies Private Limited (Phaethon Technologies)

Phaethon Technologies Private Limited is the primary company behind Phaethon Technologies. The board of Phaethon Technologies Private Limited currently have 2 directors; the longest-serving is Hrishi Raj, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hrishi Raj
DIN 08587884
Director16 Oct 20197 yrsPhaethon Technologies Private Limited
Lakhan Darshan
DIN 09386460
Director28 Oct 20215 yrsPhaethon Technologies Private Limited

People of Phaethon Technologies

8 people are tracked at Phaethon Technologies (4 in leadership, 4 in team).

NameRoleGroup
Hrishi Raj
Co-Founder, COOLeadership
Lakhan Darshan
Co-FounderLeadership
Athil Gafoor
ex-Co-FounderLeadership
Sangeeth S Nair
ex-Co-FounderLeadership
Sumin E
Blockchain DeveloperTeam
Lakshmi Devi
Senior Blockchain DeveloperTeam
Shon Joseph
Solutions Architect - BlockchainTeam
Tony Thomás
Blockchain DeveloperTeam
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Financials of Phaethon Technologies

Figures of Phaethon Technologies Private Limited, the primary company behind Phaethon Technologies, for FY 2024. Revenue was ₹79.1 Lakh (-47% year on year). Net loss was -₹7.4 Lakh (-9% margin). EBITDA was -₹4.2 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +338% over three years.

  • ₹79.1 LakhRevenue · FY 2024 · -47% YoY
  • -₹7.4 LakhNet loss · -9% margin
  • -₹4.2 LakhEBITDA · -5% margin
  • ₹1 LakhPaid-up capital
  • +338%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Phaethon Technologies Private Limited are on its company page.

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Detailed financial statements for Phaethon Technologies

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Top companies in Digital Transformation & Automation Services

3 companies that operate in the same segment as Phaethon Technologies (Digital Transformation & Automation Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Happiest Minds
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M4,886
Persistent
IT consulting, data analytics, and digital transformation services are provided.
1990Pune, Maharashtra, IndiaUSD 18.8 MUSD 1.59 B24,594
EMudhra
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 76.01 M604
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Frequently Asked Questions about Phaethon Technologies

Phaethon Technologies was founded in 2019.

Phaethon Technologies is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

The primary company behind Phaethon Technologies, Phaethon Technologies Private Limited, reported revenue of ₹79.1 Lakh for FY 2024, down 47% year on year.

Phaethon Technologies delivers software development and digital transformation services through leveraging cutting-edge technology, software, developing products, and driving digital transformation. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Phaethon Technologies operates through Phaethon Technologies Private Limited.

The legal entities of Phaethon Technologies currently have 2 directors, including Hrishi Raj, Lakhan Darshan.

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