About Praxello
Praxello was a Technology company based in Pune (India) founded in 2012. It provides comprehensive application development and hosting services. It operates on a B2B model. Its Indian entity Virtullous Systems Private Limited reported revenue of ₹1.9 Lakh. The company is recorded as dissolved. Its focus areas include Software Development, Application Development and Hosting Services. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 4 of its 9 listed similar companies have raised funding.
Company details
Praxello operates with a B2B model, focusing on leveraging cutting-edge technology, creating custom software solutions, application development, and hosting services. Provides comprehensive application development and hosting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Pune, India
- SectorsTechnology
- Website praxello.com
- Legal Name Virtullous Systems Private Limited
- Date of Incorporation 12 Feb, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.9 Lakh
FY 2021 · -90% YoY
- Net Loss-₹2.2 Lakh
FY 2021 · -117% margin
- EBITDA-₹2.2 Lakh
FY 2021 · -117% margin
Associated legal entities of Praxello
Praxello operates through Virtullous Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Virtullous Systems Private Limited CIN U72900PN2019PTC182120 | Active | 12 Feb 2019 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Board of directors of Virtullous Systems Private Limited (Praxello)
Virtullous Systems Private Limited is the primary company behind Praxello. The board of Virtullous Systems Private Limited currently have 2 directors; the longest-serving is Amit Joshi, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Amit Joshi DIN 06881432 | Director | 27 Oct 2020 | 5 yrs 11 mo | Virtullous Systems Private Limited |
| Rahulpankaj Babbuji Pardhi DIN 08936292 | Director | 27 Oct 2020 | 5 yrs 11 mo | Virtullous Systems Private Limited |
Financials of Praxello
Figures of Virtullous Systems Private Limited, the primary company behind Praxello, for FY 2021. Revenue was ₹1.9 Lakh (-90% year on year). Net loss was -₹2.2 Lakh (-117% margin). EBITDA was -₹2.2 Lakh (-117% margin).
- ₹1.9 LakhRevenue · FY 2021 · -90% YoY
- -₹2.2 LakhNet loss · -117% margin
- -₹2.2 LakhEBITDA · -117% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Virtullous Systems Private Limited are on its company page.
Detailed financial statements for Praxello
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Similar companies to Praxello
Praxello has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Praxello
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- Operating metrics
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Top companies in Domain & Web Infrastructure Services
10 companies that operate in the same segment as Praxello (Domain & Web Infrastructure Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
D3 is focused on building blockchain solutions for DomainFi. | 2023 | Orlando, Florida, United States | USD 30 M | – | – | |
A portfolio of domain extensions is provided for online identities. | 2011 | Bellevue, Washington, United States | USD 101.06 M | – | – | |
Domain name brokerage and valuation services are provided globally. | 1998 | Delray Beach, Florida, United States | USD 28.86 M | – | 29 | |
Provider of marketplace for premium domain names, cloud-based services, and other innovative solutions across various industries, including technol... | 2011 | Hoffman Estates, Illinois, United States | USD 10.04 M | – | – | |
Domain parking services are provided for unused domains. | 2010 | Munchen, Bayern, Germany | – | USD 492.38 M | – | |
Offers app development, web designing, SEO, and hosting for businesses worldwide. | 2013 | Solapur, Maharashtra, India | – | – | – | |
Provider of domain registration services | 2020 | Seoul, South Korea | – | – | – | |
Develops software for energy, healthcare, infrastructure, and digital solutions across various domains. | 2002 | Bengaluru, Karnataka, India | – | USD 51.89 M | 938 | |
Domain registration services are provided through an online platform. | 2010 | Phoenix, Arizona, United States | – | USD 47.82 M | – | |
Cloud hosting and domain registration services are provided for businesses. | 2000 | Skanderborg, Region Midtjylland, Denmark | – | USD 25.67 M | 6 |
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Frequently Asked Questions about Praxello
Praxello was founded in 2012.
Praxello is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Praxello, Virtullous Systems Private Limited, reported revenue of ₹1.9 Lakh for FY 2021, down 90% year on year.
Praxello operates with a B2B model, focusing on leveraging cutting-edge technology, creating custom software solutions, application development, and hosting services. Provides comprehensive application development and hosting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Praxello's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Praxello operates through Virtullous Systems Private Limited.
The legal entities of Praxello currently have 2 directors, including Amit Joshi, Rahulpankaj Babbuji Pardhi.