Praxism

Edinburgh, United Kingdom Founded: 2008 • Age: 18 yrs Acquired By PwC
Identity and Access Management consultancy services are provided to enterprises.

About Praxism

Praxism is a Technology company based in Edinburgh (United Kingdom) founded in 2008, and was acquired by PwC in January 2016. Identity and Access Management consultancy services are provided to enterprises. Its Indian entity Pricewaterhousecoopers Private Limited reported revenue of β‚Ή3,912 Cr. Its focus areas include Business Services, IT Services, Security and Consulting & Advisory.

Company details

Praxism was founded in 2008 in Edinburgh, United Kingdom, as a consultancy firm focused on the Identity and Access Management sector. Services included strategic planning, roadmaps, risk and operations models, compliance guidance, and training for enterprises. Operations continued for eight years until acquisition by PwC in January 2016.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹3,912 Cr

    FY 2024 · -16% YoY

  • Indian entity net profit
    ₹45.93 Cr

    FY 2024 · 1% margin

  • Indian entity EBITDA
    -₹65.18 Cr

    FY 2024 · -2% margin

  • Investors
  • Acquired by
    PwC

    (Jan 2016)

Investors in Praxism

Praxism has secured backing from 1 investor. Prominent investors backing the company include PwC UK.

All
InvestorDescriptionFounded YearDomainLocation
PwC UK is engaged in providing professional services across industries.
pwc.co.ukLondon, United Kingdom
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Investor details for Praxism

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Board of directors of Pricewaterhousecoopers Private Limited (Praxism)

Pricewaterhousecoopers Private Limited is the primary company behind Praxism. The board of Pricewaterhousecoopers Private Limited currently have 5 directors; the longest-serving is Arnab Basu, appointed in 2017. 30 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arnab Basu
DIN 06495096
Director01 Apr 20179 yrs 7 moPricewaterhousecoopers Private Limited
Sanjeev Krishan
DIN 07753885
Director01 Dec 20205 yrs 11 moPricewaterhousecoopers Private Limited
Neeraj Gupta
DIN 10079304
Director01 Apr 20233 yrs 7 moPricewaterhousecoopers Private Limited
Asha Ramanathan
DIN 09776471
Director01 Apr 20233 yrs 7 moPricewaterhousecoopers Private Limited
Vivek Ratneshwar Prasad
DIN 06653071
Director16 Jun 20251 yr 4 moPricewaterhousecoopers Private Limited

Financials of Praxism

Figures of Pricewaterhousecoopers Private Limited, the primary company behind Praxism, for FY 2024. Revenue was ₹3,912 Cr (-16% year on year). Net profit was ₹45.93 Cr (1% margin). EBITDA was -₹65.18 Cr (-2% margin). Revenue has grown at a compounded annual rate of +1% over three years and +2% over five years.

  • ₹3,912 CrRevenue · FY 2024 · -16% YoY
  • ₹45.93 CrNet profit · 1% margin
  • -₹65.18 CrEBITDA · -2% margin
  • ₹13.86 CrPaid-up capital
  • 4,069Employees (provident fund records)
  • +1%Revenue CAGR, 3 years
  • +2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pricewaterhousecoopers Private Limited are on its company page.

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Detailed financial statements for Praxism

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Timeline of Praxism

2 dated milestones of Praxism across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Praxism is founded.
  2. Exit Acquired by PwC.
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Frequently Asked Questions about Praxism

Praxism was founded in 2008.

Praxism is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

The primary company behind Praxism, Pricewaterhousecoopers Private Limited, reported revenue of β‚Ή3,912 Cr for FY 2024, down 16% year on year.

Praxism was founded in 2008 in Edinburgh, United Kingdom, as a consultancy firm focused on the Identity and Access Management sector. Services included strategic planning, roadmaps, risk and operations models, compliance guidance, and training for enterprises. Operations continued for eight years until acquisition by PwC in January 2016.

Praxism has 1 investor. Key investors include PwC UK.

Praxism operates through Pricewaterhousecoopers Private Limited.

Yes. Praxism was acquired by PwC in January 2016.

The legal entities of Praxism currently have 7 directors, including Arnab Basu, Vivek Ratneshwar Prasad, Sanjeev Krishan and others.

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