
About Preflex Solutions
Preflex Solutions is a company based in Bengaluru (India) founded in 2014. It operates as a B2B. Preflex Solutions operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Bengaluru, India
- SectorsTechnology
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- Website preflexsol.com
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- Legal Name Preflex Solutions Private Limited
- Date of Incorporation 03 Feb, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹29.81 Cr
FY 2024 · +12% YoY
- Net Profit₹2.29 Cr
FY 2024 · 8% margin
- EBITDA₹3.18 Cr
FY 2024 · 11% margin
Associated legal entities of Preflex Solutions
Preflex Solutions operates through Preflex 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 |
|---|---|---|---|---|---|---|---|
| Preflex Solutions Private Limited CIN U74900KA2014PTC073389 | Active | 03 Feb 2014 | Bangalore, Karnataka | ₹29.8 Cr | – | 2 | View details |
Board of directors of Preflex Solutions Private Limited (Preflex Solutions)
Preflex Solutions Private Limited is the primary company behind Preflex Solutions. The board of Preflex Solutions Private Limited currently have 2 directors; the longest-serving is Suvarna Manohar Marihal, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suvarna Manohar Marihal DIN 06780140 | Director | 03 Feb 2014 | 12 yrs 8 mo | Preflex Solutions Private Limited |
| Uma Basavaraj Juttiyavar DIN 06776427 | Director | 03 Feb 2014 | 12 yrs 8 mo | Preflex Solutions Private Limited |
Financials of Preflex Solutions
Figures of Preflex Solutions Private Limited, the primary company behind Preflex Solutions, for FY 2024. Revenue was ₹29.81 Cr (+12% year on year). Net profit was ₹2.29 Cr (8% margin). EBITDA was ₹3.18 Cr (11% margin). Revenue has grown at a compounded annual rate of +12% over three years and +13% over five years.
- ₹29.81 CrRevenue · FY 2024 · +12% YoY
- ₹2.29 CrNet profit · 8% margin
- ₹3.18 CrEBITDA · 11% margin
- ₹0.01 CrPaid-up capital
- +12%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Preflex Solutions Private Limited are on its company page.
Detailed financial statements for Preflex Solutions
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Competitors of Preflex Solutions
Preflex Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 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 | $64.8M | 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 | $105.4M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3.0M | 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 competitors of Preflex Solutions
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Similar companies to Preflex Solutions
10 companies that operate in the same segment as Preflex Solutions (DevOps), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 202.25 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Cloud-based feature management platform is utilized for software deployments. | 2014 | Oakland, California, United States | USD 330.3 M | – | – | |
Automatic builds, testing, and deployments are managed via self-service platform. | 2017 | San Francisco, California, United States | USD 653.79 M | – | 267 | |
Hybrid cloud and DevOps automation are delivered to enterprises. | 1911 | United States | – | USD 67.53 B | 293,400 | |
Cloud-based log management and security analytics solutions are delivered. | 2010 | Redwood City, California, United States | USD 347.6 M | USD 17.42 M | 142 | |
Cloud based suite of devops solutions | 2008 | Sunnyvale, California, United States | USD 226.5 M | USD 531.84 M | 1,600 | |
Split is recognized for providing feature management solutions. | 2015 | Redwood City, California, United States | USD 108 M | – | – | |
Honeycomb is recognized for providing observability solutions for distributed services. | 2016 | San Francisco, California, United States | USD 144.9 M | – | – | |
Cloud-based software is provided for continuous integration and delivery management. | 2011 | San Francisco, California, United States | USD 312.5 M | – | 404 |
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Frequently Asked Questions about Preflex Solutions
Preflex Solutions was founded in 2014.
Preflex Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Preflex Solutions, Preflex Solutions Private Limited, reported revenue of ₹29.81 Cr for FY 2024, up 12% year on year.
Preflex Solutions preflex solutions provides comprehensive software and devops development services through leveraging cutting-edge technology, providing IT services, creating custom software solutions, and devops services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Preflex Solutions's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Preflex Solutions operates through Preflex Solutions Private Limited.
The legal entities of Preflex Solutions currently have 2 directors, including Suvarna Manohar Marihal, Uma Basavaraj Juttiyavar.