Prominent IT Solutions

Delhi, India
Delivers cloud-based business management applications tailored for the hospitality sector.

About Prominent IT Solutions

Prominent IT Solutions is a company based in Delhi (India). It operates as a B2B. The company has 4 employees. Prominent IT Solutions operates in a competitive market with competitors including Amadeus, CloudBeds, Guesty, Lodgify and Shiji, among others.

Key Metrics
  • Annual Revenue
    ₹70.5 Lakh

    FY 2024 · -21% YoY

  • Net Profit
    ₹3.1 Lakh

    FY 2024 · 4% margin

  • EBITDA
    ₹4.5 Lakh

    FY 2024 · 6% margin

  • Employee Count
    4

Board of directors of Prominent It System Solutions Private Limited (Prominent IT Solutions)

Prominent It System Solutions Private Limited is the primary company behind Prominent IT Solutions. The board of Prominent It System Solutions Private Limited currently have 2 directors; the longest-serving is Vivek Sureshrao Ashturkar, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Vivek Sureshrao Ashturkar
DIN 08623072
Director26 Nov 20196 yrs 10 moProminent It System Solutions Private Limited
Smita Vivek Ashturkar
DIN 08623103
Director26 Nov 20196 yrs 10 moProminent It System Solutions Private Limited

Financials of Prominent IT Solutions

Figures of Prominent It System Solutions Private Limited, the primary company behind Prominent IT Solutions, for FY 2024. Revenue was ₹70.5 Lakh (-21% year on year). Net profit was ₹3.1 Lakh (4% margin). EBITDA was ₹4.5 Lakh (6% margin). Revenue has grown at a compounded annual rate of -3% over three years.

  • ₹70.5 LakhRevenue · FY 2024 · -21% YoY
  • ₹3.1 LakhNet profit · 4% margin
  • ₹4.5 LakhEBITDA · 6% margin
  • ₹1 LakhPaid-up capital
  • 4Employees (provident fund records)
  • -3%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Prominent It System Solutions Private Limited are on its company page.

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Detailed financial statements for Prominent IT Solutions

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Competitors of Prominent IT Solutions

Prominent IT 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 Amadeus, CloudBeds, Guesty, Lodgify and Shiji, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amadeus.com1987Madrid, Spain–4,040
SaaS-based operations management is provided for hospitality and aviation sectors.
cloudbeds.com2012San Diego, United States$246.94M172
Browser-based software solutions for hotels and other accomodations
guesty.com2013Walnut, United States$409.25M–
Cloud-based software is provided for vacation rental management and synchronization.
lodgify.com2012Barcelona, Spain$37.34M–
Cloud-based software solutions for vacation rental management are offered.
shijigroup.com1998Beijing, China$458.66M–
Cloud-based property management solutions for hospitality are provided.
tripeur.com2015Bengaluru, India$2.86M128
AI and cloud-driven corporate travel management solutions are provided.
stayntouch.com2012Bethesda, United States$60.8M69
Property management software is delivered through a SaaS platform.
hostaway.com2015Toronto, Canada$542.95M–
Cloud-based software for vacation rental management and bookings is provided.
hotelogix.com2008Singapore$9.97M162
Cloud-based hotel management system
rategain.com2004London, United Kingdom$64.87M12
SaaS solutions for hospitality revenue and operations management are delivered.
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Detailed competitors of Prominent IT Solutions

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Similar companies to Prominent IT Solutions

10 companies that operate in the same segment as Prominent IT Solutions (Enterprise Software & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Cloud-based big data warehouse for enterprise data management is provided.
2012Bozeman, Montana, United StatesUSD 1.56 BUSD 3.63 B7,830
Cloud based project management platform
2016Palo Alto, California, United StatesUSD 535.25 M––
Enterprise data security software is provided for digital asset protection.
2008Milpitas, California, United StatesUSD 51.78 MUSD 14.56 M223
Cloud based data streaming analytics and governance platform
2014Mountain View, California, United StatesUSD 456 MUSD 963.64 M3,060
AI powered digital experience and customer data management platform
2007Boston, Massachusetts, United StatesUSD 173.5 MUSD 14.84 M341
Platform that offers data governance and file sharing solutions
2006Mountain View, California, United StatesUSD 136.5 MUSD 8.93 M222
Cloud-based video solutions for media, entertainment, and education are provided.
2006New York, New York, United StatesUSD 145.1 M–580
Data management platform for integration, quality, and governance is provided.
2005Redwood City, California, United StatesUSD 102 MUSD 5.4 M64
Cloud-based platform for enterprise search
2019Palo Alto, California, United StatesUSD 765.3 M––
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Frequently Asked Questions about Prominent IT Solutions

Prominent IT Solutions is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Prominent IT Solutions has 4 employees.

The primary company behind Prominent IT Solutions, Prominent It System Solutions Private Limited, reported revenue of β‚Ή70.5 Lakh for FY 2024, down 21% year on year.

Prominent IT Solutions delivers cloud-based business management applications tailored for the hospitality sector, focusing on leveraging cutting-edge technology, software, business management, and cloud applications. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Prominent IT Solutions's top competitors include Amadeus, Guesty and CloudBeds.

Prominent IT Solutions operates through Prominent It System Solutions Private Limited.

The legal entities of Prominent IT Solutions currently have 2 directors, including Vivek Sureshrao Ashturkar, Smita Vivek Ashturkar.

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