About PRASOFT
PRASOFT is a Technology company based in Hyderabad (India) founded in 2018 by Vijay Maligi. It offers IT distribution, reselling, and supply chain services for software. It operates on a B2B and Marketplace model. Its Indian entity Prasoft It Services Private Limited reported revenue of ₹42.32 Cr. PRASOFT offers products and services including Adobe Creative Cloud for Education, Adobe Substance 3D, Bluedog Security Monitoring, Keyshot Rendering Software, and Office Home & Business 2021. Its focus areas include IT and Technology, Security Solutions, Cybersecurity and Monitoring. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Prasoft IT Services is a value-added distributor and reseller that connects software publishers with global distributors in India. They supply over 100 product lines, including creative, business, security, and backup solutions. Operating from offices in Hyderabad, Noida, Bengaluru, Pune, and Vijayawada, they focus on enhancing partner revenue through multi-vendor sales and emerging technologies, ensuring customers receive reliable IT value.
- Headquarters Hyderabad, India
- Founders Vijay Maligi
- SectorsTechnology
- Website prasoftit.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Prasoft It Services Private Limited
- Date of Incorporation 01 Mar, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹42.32 Cr
FY 2024 · +36% YoY
- Net Profit₹48.7 Lakh
FY 2024 · 1% margin
- EBITDA₹75.6 Lakh
FY 2024 · 2% margin
Associated legal entities of PRASOFT
PRASOFT operates through Prasoft It Services 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 |
|---|---|---|---|---|---|---|---|
| Prasoft It Services Private Limited CIN U72900TG2018PTC122627 | Active | 01 Mar 2018 | Hyderabad, Telangana | ₹42.3 Cr | 2 | View details |
Products & Services of PRASOFT
PRASOFT offers a comprehensive portfolio of products and services, including Adobe Creative Cloud for Education, Adobe Substance 3D, Bluedog Security Monitoring, Keyshot Rendering Software, and Office Home & Business 2021.
Creative tools suite for educational and design purposes
3D design and rendering software for creative applications
Monitoring solutions for IT security and threat detection
Rendering tools for visual and product design workflows
Office suite for business and home productivity tasks
Apps and channels of PRASOFT
its YouTube channel Prasoft It Services Pvt. Ltd has 19 subscribers and 30 videos.
Videos from PRASOFT
The most watched videos on PRASOFT's YouTube channel, Prasoft It Services Pvt. Ltd (19 subscribers). Click a video to play it here.
More on Prasoft It Services Pvt. Ltd.
Board of directors of Prasoft It Services Private Limited (PRASOFT)
Prasoft It Services Private Limited is the primary company behind PRASOFT. The board of Prasoft It Services Private Limited currently have 2 directors; the longest-serving is Rajani Maligi, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajani Maligi DIN 08077589 | Director | 01 Mar 2018 | 8 yrs 7 mo | Prasoft It Services Private Limited |
| Vijay Kumar Maligi DIN 08608547 | Director | 04 Dec 2020 | 5 yrs 10 mo | Prasoft It Services Private Limited |
People of PRASOFT
1 people are tracked at PRASOFT (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, MD | Leadership |
Complete people profiles for PRASOFT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of PRASOFT
Figures of Prasoft It Services Private Limited, the primary company behind PRASOFT, for FY 2024. Revenue was ₹42.32 Cr (+36% year on year). Net profit was ₹48.7 Lakh (1% margin). EBITDA was ₹75.6 Lakh (2% margin). Revenue has grown at a compounded annual rate of +47% over three years and +138% over five years.
- ₹42.32 CrRevenue · FY 2024 · +36% YoY
- ₹48.7 LakhNet profit · 1% margin
- ₹75.6 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +47%Revenue CAGR, 3 years
- +138%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prasoft It Services Private Limited are on its company page.
Detailed financial statements for PRASOFT
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
- Downloads
Verified entity values are shown only after access is granted.
Competitors of PRASOFT
PRASOFT 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 PRASOFT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Prasoft
Complete news archive for PRASOFT
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about PRASOFT
PRASOFT was founded in 2018.
PRASOFT is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind PRASOFT, Prasoft It Services Private Limited, reported revenue of ₹42.32 Cr for FY 2024, up 36% year on year.
Prasoft IT Services is a value-added distributor and reseller that connects software publishers with global distributors in India. They supply over 100 product lines, including creative, business, security, and backup solutions. Operating from offices in Hyderabad, Noida, Bengaluru, Pune, and Vijayawada, they focus on enhancing partner revenue through multi-vendor sales and emerging technologies, ensuring customers receive reliable IT value.
PRASOFT's top competitors include Happiest Minds and Datamatics.
PRASOFT offers Adobe Creative Cloud for Education, Adobe Substance 3D, Bluedog Security Monitoring, Keyshot Rendering Software, and Office Home & Business 2021.
PRASOFT operates through Prasoft It Services Private Limited.
The legal entities of PRASOFT currently have 2 directors, including Rajani Maligi, Vijay Kumar Maligi.