About Praknex Solutions
Praknex Solutions is a Technology company based in Delhi (India) founded in 2017. It provides web development, software solutions, consulting, and UIUX services globally. It operates on a B2B model. Praknex Solutions offers products and services including Web Development, Software Development, Consulting, UI/UX Design, and Quality Assurance. Its focus areas include Information Technology, Digital Marketing, Online Strategies and Software Development. Its legal entity in India is Praknex Solutions Private Limited (U74999DL2017PTC321512). Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Praknex Solutions Private Limited delivers high-quality web and software development services, including consulting, UIUX design, quality assurance, and custom applications. They focus on understanding business requirements and creating scalable solutions for global clients. With expertise in big data and digital marketing, they build robust applications for various platforms, emphasizing innovation and long-term partnerships. Their services aim to enhance business efficiency and outcomes.
- Headquarters Delhi, India
- SectorsTechnology
- Email••••••••
- Website praknex.com
- Legal Name Praknex Solutions Private Limited
- Date of Incorporation 01 Aug, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹67,520
FY 2025 · -76% YoY
- Net Loss-₹2.7 Lakh
FY 2025 · -394% margin
- EBITDA-₹2.4 Lakh
FY 2025 · -353% margin
Associated legal entities of Praknex Solutions
Praknex Solutions operates through Praknex Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Praknex Solutions Private Limited CIN U74999DL2017PTC321512 | Active | 01 Aug 2017 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Products & Services of Praknex Solutions
Praknex Solutions offers a comprehensive portfolio of products and services, including Web Development, Software Development, Consulting, UI/UX Design, and Quality Assurance.
Delivers cost-effective web development services for global businesses.
Creates scalable software solutions to meet specific business needs.
Assists in addressing business objectives through tailored strategies.
Provides user experience engineering for effective application design.
Offers performance testing for responsive and scalable applications.
Develops custom applications for on-premise and cloud environments.
Implements strategies to improve reach and returns in real-time markets.
Integrates analytics and machine learning for business intelligence.
Board of directors of Praknex Solutions Private Limited (Praknex Solutions)
Praknex Solutions Private Limited is the primary company behind Praknex Solutions. The board of Praknex Solutions Private Limited currently have 2 directors; the longest-serving is Vaibhav Vats, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaibhav Vats DIN 07873003 | Director | 01 Aug 2017 | 9 yrs 2 mo | Praknex Solutions Private Limited |
| Akshita DIN 10832356 | Director | 02 Nov 2024 | 1 yr 11 mo | Praknex Solutions Private Limited |
Financials of Praknex Solutions
Figures of Praknex Solutions Private Limited, the primary company behind Praknex Solutions, for FY 2025. Revenue was ₹67,520 (-76% year on year). Net loss was -₹2.7 Lakh (-394% margin). EBITDA was -₹2.4 Lakh (-353% margin). Revenue has grown at a compounded annual rate of -59% over three years and -54% over five years.
- ₹67,520Revenue · FY 2025 · -76% YoY
- -₹2.7 LakhNet loss · -394% margin
- -₹2.4 LakhEBITDA · -353% margin
- ₹1 LakhPaid-up capital
- -59%Revenue CAGR, 3 years
- -54%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Praknex Solutions Private Limited are on its company page.
Detailed financial statements for Praknex Solutions
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
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Verified entity values are shown only after access is granted.
Competitors of Praknex Solutions
Praknex Solutions 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 Praknex Solutions
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Praknex Solutions
Praknex Solutions was founded in 2017.
Praknex Solutions is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Praknex Solutions, Praknex Solutions Private Limited, reported revenue of ₹67,520 for FY 2025, down 76% year on year.
Praknex Solutions Private Limited delivers high-quality web and software development services, including consulting, UIUX design, quality assurance, and custom applications. They focus on understanding business requirements and creating scalable solutions for global clients. With expertise in big data and digital marketing, they build robust applications for various platforms, emphasizing innovation and long-term partnerships. Their services aim to enhance business efficiency and outcomes.
Praknex Solutions's top competitors include Happiest Minds and Datamatics.
Praknex Solutions offers Web Development, Software Development, Consulting, UI/UX Design, and 4 more products and services.
Praknex Solutions operates through Praknex Solutions Private Limited.
The legal entities of Praknex Solutions currently have 2 directors, including Vaibhav Vats, Akshita.