About Promize IT
Promize IT is a Technology company based in Hyderabad (India) founded in 2012. It provides custom software development services for tailored business applications. It operates on a B2B model. The company has 3 employees. Its focus areas include Software Development, Application Services and Custom Solutions. Its legal entity in India is Promize It Services Private Limited (U72200TG2012PTC084738). Its competitors include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Promize IT, established in 2012, excels in leveraging cutting-edge technology, creating custom software solutions, application services, and custom solutions. Provides custom software development services for tailored business applications. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- Employees 3
- SectorsTechnology
- Website promizeit.in
- Legal Name Promize It Services Private Limited
- Date of Incorporation 11 Dec, 2012
- Jurisdiction Sangareddy, Telangana, India
- Net Loss-₹6,854
FY 2016 · 0% margin
- EBITDA-₹5,000
FY 2016 · 0% margin
- Employee Count3
Associated legal entities of Promize IT
Promize IT operates through Promize It Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Promize It Services Private Limited CIN U72200TG2012PTC084738 | Active | 11 Dec 2012 | Sangareddy, Telangana | – | 3 | 2 | View details |
Board of directors of Promize It Services Private Limited (Promize IT)
Promize It Services Private Limited is the primary company behind Promize IT. The board of Promize It Services Private Limited currently have 2 directors; the longest-serving is Venkata Kanaka Durga Vemuri, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Kanaka Durga Vemuri DIN 07243909 | Additional Director | 22 Nov 2016 | 9 yrs 10 mo | Promize It Services Private Limited |
| Chiranjeevi Goud Thogar Palli DIN 09038897 | Director | 22 Jan 2021 | 5 yrs 8 mo | Promize It Services Private Limited |
Financials of Promize IT
Figures of Promize It Services Private Limited, the primary company behind Promize IT, for FY 2016. Net loss was -₹6,854 (0% margin). EBITDA was -₹5,000 (0% margin).
- -₹6,854Net loss · 0% margin
- -₹5,000EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 3Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Promize It Services Private Limited are on its company page.
Detailed financial statements for Promize IT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Promize IT
Promize IT has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of Promize IT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in PC Software
10 companies that operate in the same segment as Promize IT (PC Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Facilities management and offender management services are provided. | 1975 | St. Louis, Missouri, United States | – | – | – | |
Provision of EV chargers and charging management software solutions. | – | Gurugram, Haryana, India | – | USD 64.21 M | 730 | |
IT solutions and digital transformation services are provided across industries. | 1999 | Madison Heights, Michigan, United States | – | USD 114.58 | – | |
Cloud computing, software development, and payroll services for businesses. | 2004 | Hyderabad, Telangana, India | – | USD 14.93 M | 147 | |
Provides specialized services for developing custom software solutions. | 2019 | Ahmedabad, Gujarat, India | – | USD 29.36 K | – | |
Offers an app-based platform for photo editing services. | 2019 | Kolkata, West Bengal, India | – | – | – | |
Workflows for executive assistants are streamlined by productivity software. | 2013 | Redwood City, California, United States | USD 12.72 M | – | – | |
Provides a secure private folder app for protecting personal data on mobile devices. | 2014 | Sirsa, Haryana, India | – | – | – | |
Offers a mobile-based point-of-sale solution for efficient business transactions. | 2013 | Gurugram, Haryana, India | – | USD 574.42 K | 10 | |
Offers IT solutions including web development, mobile apps, and digital marketing services. | 2009 | Ahmedabad, Gujarat, India | – | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Promize IT
Promize IT was founded in 2012.
Promize IT is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Promize IT has 3 employees.
Promize IT, established in 2012, excels in leveraging cutting-edge technology, creating custom software solutions, application services, and custom solutions. Provides custom software development services for tailored business applications. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Promize IT's top competitors include Hedgehog lab, AlmavivA and AKQA.
Promize IT operates through Promize It Services Private Limited.
The legal entities of Promize IT currently have 2 directors, including Chiranjeevi Goud Thogar Palli, Venkata Kanaka Durga Vemuri.