About Prasthana
Prasthana is a Technology company based in Hyderabad (India) founded in 2014. It offers web, database, and mobile development services to improve business user experiences. It operates on a B2B model. The company has 43 employees. Its Indian entity Prasthana Software Solutions Private Limited reported revenue of ₹10.91 Cr. Prasthana offers products and services including Web Development, Database Development, and Mobile Development. Its focus areas include Information Technology, Software Development, Web Development and User-Centered Design. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Prasthana Software Solutions develops technology-focused services including web, database, and mobile development to enhance user experiences for clients. They collaborate with businesses in healthcare, wellness, infrastructure, and technology sectors, using streamlined workflows and engineer expertise. Based in Hyderabad, India, they process and store key customer information to drive growth and deliver high-quality products across diverse industries.
- Headquarters Hyderabad, India
- Employees 43
- SectorsTechnology
- Email••••••••
- Website prasthana.com
- Social LinkedIn Facebook
- Legal Name Prasthana Software Solutions Private Limited
- Date of Incorporation 24 Jan, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹10.91 Cr
FY 2024 · +15% YoY
- Net Profit₹2.14 Cr
FY 2024 · 20% margin
- EBITDA₹3.06 Cr
FY 2024 · 28% margin
- Employee Count43
Associated legal entities of Prasthana
Prasthana operates through Prasthana Software 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 |
|---|---|---|---|---|---|---|---|
| Prasthana Software Solutions Private Limited CIN U72900TG2019PTC129996 | Active | 24 Jan 2019 | Hyderabad, Telangana | ₹10.9 Cr | 43 | 4 | View details |
Products & Services of Prasthana
Prasthana offers a comprehensive portfolio of products and services, including Web Development, Database Development, and Mobile Development.
Develops user-centered web experiences to deliver value for business audiences.
Processes and stores customer information to support business growth strategies.
Creates high-performance apps with cross-platform options for expanded channels.
Apps and channels of Prasthana
Prasthana publishes 1 mobile app with over 100 downloads.
Board of directors of Prasthana Software Solutions Private Limited (Prasthana)
Prasthana Software Solutions Private Limited is the primary company behind Prasthana. The board of Prasthana Software Solutions Private Limited currently have 4 directors; the longest-serving is Venkatasatyaramesh Maddela, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkatasatyaramesh Maddela DIN 08340939 | Director | 24 Jan 2019 | 7 yrs 9 mo | Prasthana Software Solutions Private Limited |
| Lakshmi Satish Maddela DIN 06836022 | Whole-time director | 24 Jan 2019 | 7 yrs 9 mo | Prasthana Software Solutions Private Limited |
| Ranjeet Kumar Valmiki DIN 08811750 | Director | 31 Jul 2020 | 6 yrs 3 mo | Prasthana Software Solutions Private Limited |
| Srikrishna Sudheer Yagnamurthy DIN 08793471 | Director | 31 Jul 2020 | 6 yrs 3 mo | Prasthana Software Solutions Private Limited |
Financials of Prasthana
Figures of Prasthana Software Solutions Private Limited, the primary company behind Prasthana, for FY 2024. Revenue was ₹10.91 Cr (+15% year on year). Net profit was ₹2.14 Cr (20% margin). EBITDA was ₹3.06 Cr (28% margin). Revenue has grown at a compounded annual rate of +8% over three years.
- ₹10.91 CrRevenue · FY 2024 · +15% YoY
- ₹2.14 CrNet profit · 20% margin
- ₹3.06 CrEBITDA · 28% margin
- ₹1 LakhPaid-up capital
- 43Employees (provident fund records)
- +8%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Prasthana Software Solutions Private Limited are on its company page.
Detailed financial statements for Prasthana
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 Prasthana
Prasthana 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 Prasthana
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Prasthana
Prasthana was founded in 2014.
Prasthana is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prasthana has 43 employees.
The primary company behind Prasthana, Prasthana Software Solutions Private Limited, reported revenue of ₹10.91 Cr for FY 2024, up 15% year on year.
Prasthana Software Solutions develops technology-focused services including web, database, and mobile development to enhance user experiences for clients. They collaborate with businesses in healthcare, wellness, infrastructure, and technology sectors, using streamlined workflows and engineer expertise. Based in Hyderabad, India, they process and store key customer information to drive growth and deliver high-quality products across diverse industries.
Prasthana's top competitors include Happiest Minds and Datamatics.
Prasthana offers Web Development, Database Development, and Mobile Development.
Prasthana operates through Prasthana Software Solutions Private Limited.
The legal entities of Prasthana currently have 4 directors, including Venkatasatyaramesh Maddela, Ranjeet Kumar Valmiki, Srikrishna Sudheer Yagnamurthy and others.
Yes. Prasthana publishes Tenmates, with over 100 downloads.