Prag ITech

Chennai, India Founded: 2013 • Age: 13 yrs
Provides a comprehensive suite of IT services to support daily business operations.

About Prag ITech

Prag ITech was a Technology company based in Chennai (India) founded in 2013. It provides a comprehensive suite of IT services to support daily business operations. It operates on a B2B model. The company has 4 employees. Its website pragitech.com draws about 681 thousand monthly visits. Its Indian entity Prag Itech Private Limited reported revenue of β‚Ή33.9 Lakh. The company is recorded as dissolved. Its focus areas include Information Technology, IT Services, Business Operations Support and IT Consulting. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Prag ITech, founded in 2013 in Chennai, India, focuses on information technology, providing IT services, business operations support, and providing IT consulting. Provides a comprehensive suite of IT services to support daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹33.9 Lakh

    FY 2020 · +1% YoY

  • Net Profit
    ₹3.5 Lakh

    FY 2020 · 10% margin

  • EBITDA
    ₹3.9 Lakh

    FY 2020 · 11% margin

  • Employee Count
    4

Board of directors of Prag Itech Private Limited (Prag ITech)

Prag Itech Private Limited is the primary company behind Prag ITech. The board of Prag Itech Private Limited currently have 2 directors; the longest-serving is Rajeswari Rangaraju, appointed in 2023. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajeswari Rangaraju
DIN 06407857
Director28 Mar 20233 yrs 7 moPrag Itech Private Limited
Rangaraju Ramasamy
DIN 06407863
Director28 Mar 20233 yrs 7 moPrag Itech Private Limited

Financials of Prag ITech

Figures of Prag Itech Private Limited, the primary company behind Prag ITech, for FY 2020. Revenue was ₹33.9 Lakh (+1% year on year). Net profit was ₹3.5 Lakh (10% margin). EBITDA was ₹3.9 Lakh (11% margin). Revenue has grown at a compounded annual rate of -26% over three years and -7% over five years.

  • ₹33.9 LakhRevenue · FY 2020 · +1% YoY
  • ₹3.5 LakhNet profit · 10% margin
  • ₹3.9 LakhEBITDA · 11% margin
  • ₹25 LakhPaid-up capital
  • 4Employees (provident fund records)
  • -26%Revenue CAGR, 3 years
  • -7%Revenue CAGR, 5 years

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

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Detailed financial statements for Prag ITech

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Competitors of Prag ITech

Prag ITech has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Prag ITech

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Web traffic of Prag ITech

The website of Prag ITech (pragitech.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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  • Audience overlap
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Frequently Asked Questions about Prag ITech

Prag ITech was founded in 2013.

Prag ITech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Prag ITech has 4 employees.

The primary company behind Prag ITech, Prag Itech Private Limited, reported revenue of β‚Ή33.9 Lakh for FY 2020, up 1% year on year.

Prag ITech, founded in 2013 in Chennai, India, focuses on information technology, providing IT services, business operations support, and providing IT consulting. Provides a comprehensive suite of IT services to support daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

Prag ITech's top competitors include Happiest Minds and Datamatics.

Prag ITech operates through Prag Itech Private Limited.

The legal entities of Prag ITech currently have 2 directors, including Rajeswari Rangaraju, Rangaraju Ramasamy.

The website of Prag ITech receives about 681 thousand visits a month.

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