About Prakat
Prakat is a Technology company based in Bengaluru (India) founded in 2009, and was acquired by Dalrada in February 2020. Services in application development, testing, and modernization are offered. The company has 83 employees. Its Indian entity Prakat Solutions Private Limited reported revenue of ₹12.38 Cr. Prakat offers products and services including Application Modernization, Data Services, and Accessibility Engineering. Its focus areas include Business Services, IT Services, Application Development and Software Development.
Company details
Prakat was founded in 2009 and is headquartered in Bengaluru, India, within the software services sector. Custom applications are developed using Agile methodologies and CICD processes, while testing services ensure quality. Accessibility features for applications are enhanced to support disabled users, and existing software is modernized for improved performance. Operations serve clients such as Tesco, Oracle, Talisman, Intuit, and ThoughtFocus across various industries.
- Headquarters Bengaluru, India
- Employees 83
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website prakat.com
- Social LinkedIn X Facebook Instagram
- Acquired by Dalrada (Feb 2020)
- Legal Name Prakat Solutions Private Limited
- Date of Incorporation 03 Mar, 2010
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Prakat
Prakat operates through Prakat Solutions 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 |
|---|---|---|---|---|---|---|---|
| Prakat Solutions Private Limited CIN U72200KA2010PTC052753 | Active | 03 Mar 2010 | Bangalore, Karnataka | ₹12.4 Cr | 83 | 2 | View details |
Products & Services of Prakat
Prakat offers a comprehensive portfolio of products and services, including Application Modernization, Data Services, and Accessibility Engineering.
Transforms legacy systems for enhanced agility and profitability
Handles governance, analytics, and security for businesses
Develops inclusive technology for diverse user needs
Investors in Prakat
Prakat has secured backing from 1 investor. Prominent investors backing the company include Dalrada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of products and services in engineering, manufacturing, and healthcare sector | 1982 | dalrada.com | Henderson, United States |
Investor details for Prakat
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Board of directors of Prakat Solutions Private Limited (Prakat)
Prakat Solutions Private Limited is the primary company behind Prakat. The board of Prakat Solutions Private Limited currently have 2 directors; the longest-serving is Anuradha Biswas, appointed in 2010. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuradha Biswas DIN 03169851 | Director | 15 Dec 2010 | 15 yrs 10 mo | Prakat Solutions Private Limited |
| Viswanath Diwakar Shenoy DIN 00673370 | Additional Director | 20 Feb 2024 | 2 yrs 8 mo | Prakat Solutions Private Limited |
Financials of Prakat
Figures of Prakat Solutions Private Limited, the primary company behind Prakat, for FY 2024. Revenue was ₹12.38 Cr (-33% year on year). Net loss was -₹1.59 Cr (-13% margin). EBITDA was -₹1.41 Cr (-11% margin). Revenue has grown at a compounded annual rate of +8% over three years and +5% over five years.
- ₹12.38 CrRevenue · FY 2024 · -33% YoY
- -₹1.59 CrNet loss · -13% margin
- -₹1.41 CrEBITDA · -11% margin
- ₹1 LakhPaid-up capital
- 83Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prakat Solutions Private Limited are on its company page.
Detailed financial statements for Prakat
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Timeline of Prakat
2 dated milestones of Prakat across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Prakat is founded.
- Exit Acquired by Dalrada.
Web traffic of Prakat
The website of Prakat (prakat.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 20.9% vs previous month
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Frequently Asked Questions about Prakat
Prakat was founded in 2009.
Prakat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prakat has 83 employees.
The primary company behind Prakat, Prakat Solutions Private Limited, reported revenue of ₹12.38 Cr for FY 2024, down 33% year on year.
Prakat was founded in 2009 and is headquartered in Bengaluru, India, within the software services sector. Custom applications are developed using Agile methodologies and CICD processes, while testing services ensure quality. Accessibility features for applications are enhanced to support disabled users, and existing software is modernized for improved performance. Operations serve clients such as Tesco, Oracle, Talisman, Intuit, and ThoughtFocus across various industries.
Prakat offers Application Modernization, Data Services, and Accessibility Engineering.
Prakat has 1 investor. Key investors include Dalrada.
Prakat operates through Prakat Solutions Private Limited.
Yes. Prakat was acquired by Dalrada in February 2020.
The legal entities of Prakat currently have 2 directors, including Viswanath Diwakar Shenoy, Anuradha Biswas.