About Praxien
Praxien is a Transportation, Automotive & Logistics company based in India. It operates as an engineering solutions in semiconductors, automotive, and software services. It operates in the Transportation, Automotive & Logistics and Technology sectors. The company has 165 employees. Its Indian entity Praxien Tech Private Limited reported revenue of ₹15.25 Cr. Praxien offers products and services including VLSI Design Services and Software Solutions. Its focus areas include Engineering and Technology, Automotive, Vehicle Systems and Embedded Engineering.
Company details
Praxien is recognized as a full-service engineering company based in Bangalore, where a wide range of solutions including VLSI design, embedded systems, and software engineering are delivered. Expertise in domains such as automotive, aerospace, and energy is utilized to address client needs through coordinated modeling, simulation, and product development. A customer-centric approach is employed by Praxien, drawing on collaborations with global clients to innovate across the engineering lifecycle, ensuring optimized performance and reliability in complex projects.
- Headquarters India
- Employees 165
- SectorsTransportation, Automotive & LogisticsTechnology
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- Legal Name Praxien Tech Pvt Ltd
- Date of Incorporation 09 Mar, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.25 Cr
FY 2024 · +16% YoY
- Net Profit₹59.3 Lakh
FY 2024 · 4% margin
- EBITDA₹1.64 Cr
FY 2024 · 11% margin
- Employee Count165
Associated legal entities of Praxien
Praxien operates through Praxien Tech 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 |
|---|---|---|---|---|---|---|---|
| Praxien Tech Private Limited CIN U72200KA2016PTC086816 | Active | 09 Mar 2016 | Bangalore, Karnataka | ₹15.2 Cr | 165 | 2 | View details |
Products & Services of Praxien
Praxien offers a comprehensive portfolio of products and services, including VLSI Design Services and Software Solutions.
End-to-end solutions in frontend, backend, custom, analog, RF, and hardware design are provided by Praxien to deliver high-performance semiconductor outcomes.
Cutting-edge software solutions in platform engineering, storage, cloud, AI, and IoT are offered by Praxien to ensure seamless integration and operational efficiency.
Board of directors of Praxien Tech Private Limited (Praxien)
Praxien Tech Private Limited is the primary company behind Praxien. The board of Praxien Tech Private Limited currently have 2 directors; the longest-serving is Jyothi Narayan Tosur, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jyothi Narayan Tosur DIN 07435408 | Director | 09 Mar 2016 | 10 yrs 7 mo | Praxien Tech Private Limited |
| Narayan Khemanna Tosur DIN 07262096 | Director | 30 Nov 2017 | 8 yrs 10 mo | Praxien Tech Private Limited |
Financials of Praxien
Figures of Praxien Tech Private Limited, the primary company behind Praxien, for FY 2024. Revenue was ₹15.25 Cr (+16% year on year). Net profit was ₹59.3 Lakh (4% margin). EBITDA was ₹1.64 Cr (11% margin). Revenue has grown at a compounded annual rate of +34% over three years and +43% over five years.
- ₹15.25 CrRevenue · FY 2024 · +16% YoY
- ₹59.3 LakhNet profit · 4% margin
- ₹1.64 CrEBITDA · 11% margin
- ₹1 LakhPaid-up capital
- 165Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +43%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Praxien Tech Private Limited are on its company page.
Detailed financial statements for Praxien
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Top companies in Automotive Engineering & Design Services
10 companies that operate in the same segment as Praxien (Automotive Engineering & Design Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Powertrain components are manufactured and supplied by AVL. | 1948 | Englishtown, New Jersey, United States | – | USD 38.84 M | 289 | |
Automotive design and engineering services are provided globally. | 1960 | Coimbatore, Tamil Nadu, India | – | USD 13.66 M | 845 | |
Electronics and software development services for automotive industry are provided. | 2010 | Gaimersheim, Bavaria, Germany | – | – | – | |
Aerospace engineering services are provided by Humanetics since 1952. | 1952 | Farmington Hills, Michigan, United States | – | – | – | |
Provider of automotive parts design, power tools, outdoor equipment, and other products services | 1927 | New Britain, Connecticut, United States | – | USD 30.45 K | 5 | |
Extended protection plans are provided for commercial vehicles. | 1983 | Cranford, New Jersey, United States | USD 500 K | – | – | |
Automotive transactions and used car export services are facilitated. | 2010 | Shanghai, China | – | USD 688.08 M | 217 | |
Provider of design, engineering, testing, and homologation services to the automotive industry | 1971 | Tarragona, Catalonia, Spain | – | USD 10.88 M | 325 | |
Cars are manufactured and marketed by Pininfarina. | 1930 | Cambiano, Piemonte, Italy | – | USD 120.64 M | – | |
Electric vehicles are manufactured and designed by CIMC Vehicles. | 2013 | Shenzhen, Guangdong, China | – | USD 2.88 B | 9,460 |
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Frequently Asked Questions about Praxien
Praxien is headquartered in India.
Praxien has 165 employees.
The primary company behind Praxien, Praxien Tech Private Limited, reported revenue of ₹15.25 Cr for FY 2024, up 16% year on year.
Praxien is recognized as a full-service engineering company based in Bangalore, where a wide range of solutions including VLSI design, embedded systems, and software engineering are delivered. Expertise in domains such as automotive, aerospace, and energy is utilized to address client needs through coordinated modeling, simulation, and product development. A customer-centric approach is employed by Praxien, drawing on collaborations with global clients to innovate across the engineering lifecycle, ensuring optimized performance and reliability in complex projects.
Praxien offers VLSI Design Services and Software Solutions.
Praxien operates through Praxien Tech Private Limited.
The legal entities of Praxien currently have 2 directors, including Jyothi Narayan Tosur, Narayan Khemanna Tosur.