About Progate Technology
Progate Technology is a Technology company based in Lucknow (India) founded in 2015. It provides a comprehensive suite of IT services to enhance daily business operations. It operates on a B2B model. Its Indian entity Progate Technology Private Limited reported revenue of ₹67.5 Lakh. Its focus areas include Information Technology, IT Services and Business Operations Support. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Progate Technology provides a comprehensive suite of it services to enhance daily business operations, focusing on leveraging cutting-edge technology, information technology, providing IT services, and business operations support. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Lucknow, India
- SectorsTechnology
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- Website progatetechnology.com
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- Legal Name Progate Technology Private Limited
- Date of Incorporation 06 Jan, 2016
- Jurisdiction Lucknow, Uttar Pradesh, India
- Annual Revenue₹67.5 Lakh
FY 2024 · +84% YoY
- Net Profit₹12.9 Lakh
FY 2024 · 19% margin
- EBITDA₹14.3 Lakh
FY 2024 · 21% margin
Associated legal entities of Progate Technology
Progate Technology operates through Progate Technology 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 |
|---|---|---|---|---|---|---|---|
| Progate Technology Private Limited CIN U72300UP2016PTC075466 | Active | 06 Jan 2016 | Lucknow, Uttar Pradesh | ₹0.7 Cr | 2 | View details |
Board of directors of Progate Technology Private Limited (Progate Technology)
Progate Technology Private Limited is the primary company behind Progate Technology. The board of Progate Technology Private Limited currently have 2 directors; the longest-serving is Manish Kumar, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Kumar DIN 07395352 | Director | 06 Jan 2016 | 10 yrs 10 mo | Progate Technology Private Limited |
| Babita Kumari DIN 07382890 | Director | 06 Jan 2016 | 10 yrs 10 mo | Progate Technology Private Limited |
Financials of Progate Technology
Figures of Progate Technology Private Limited, the primary company behind Progate Technology, for FY 2024. Revenue was ₹67.5 Lakh (+84% year on year). Net profit was ₹12.9 Lakh (19% margin). EBITDA was ₹14.3 Lakh (21% margin). Revenue has grown at a compounded annual rate of +111% over three years and -9% over five years.
- ₹67.5 LakhRevenue · FY 2024 · +84% YoY
- ₹12.9 LakhNet profit · 19% margin
- ₹14.3 LakhEBITDA · 21% margin
- ₹5 LakhPaid-up capital
- +111%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Progate Technology Private Limited are on its company page.
Detailed financial statements for Progate Technology
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Competitors of Progate Technology
Progate Technology 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 Progate Technology
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Frequently Asked Questions about Progate Technology
Progate Technology was founded in 2015.
Progate Technology is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
The primary company behind Progate Technology, Progate Technology Private Limited, reported revenue of ₹67.5 Lakh for FY 2024, up 84% year on year.
Progate Technology provides a comprehensive suite of it services to enhance daily business operations, focusing on leveraging cutting-edge technology, information technology, providing IT services, and business operations support. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Progate Technology's top competitors include Happiest Minds and Datamatics.
Progate Technology operates through Progate Technology Private Limited.
The legal entities of Progate Technology currently have 2 directors, including Manish Kumar, Babita Kumari.