About Puratech Solutions
Puratech Solutions is a Financial Services company based in Mumbai (India) founded in 2003 by Mukund Sivasubramaniam. Diverse e-solutions are offered across multiple technology verticals. Its Indian entity Puratech Solutions (India) Private Limited reported revenue of ₹7.01 Cr. Puratech Solutions offers products and services including Digital Lending Platform, Intelligent IT Solutions, eCBF Implementation, and e-SCF Implementation. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its competitors include Veefin, FinBox and Binocs; 3 of its 3 listed competitors have raised funding.
Company details
Puratech Solutions was founded in 2003 and is headquartered in Mumbai, India. Operations are conducted as a technology conglomerate spanning various sectors. Services provided include e-travel solutions, e-banking for retail and wholesale environments, e-warehousing for agricultural products, e-compliance management, knowledge management systems, e-geology database mining, and e-school platforms for educational institutions, among others.
- Headquarters Mumbai, India
- Founders Mukund Sivasubramaniam
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website puratech.co.in
- Social LinkedIn Facebook
- Legal Name Puratech Solutions (India) Private Limited
- Date of Incorporation 05 Jun, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.01 Cr
FY 2024
- Net Profit₹22 Lakh
FY 2024 · 3% margin
- EBITDA₹50.8 Lakh
FY 2024 · 7% margin
Associated legal entities of Puratech Solutions
Puratech Solutions operates through Puratech Solutions (India) 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 |
|---|---|---|---|---|---|---|---|
| Puratech Solutions (India) Private Limited CIN U74140MH2008PTC183210 | Active | 05 Jun 2008 | Mumbai, Maharashtra | ₹7.0 Cr | 2 | View details |
Products & Services of Puratech Solutions
Puratech Solutions offers a comprehensive portfolio of products and services, including Digital Lending Platform, Intelligent IT Solutions, eCBF Implementation, and e-SCF Implementation.
Streamlines lending processes for banks with quick approvals.
Offers tools for managing loan accounts in BFSI sector.
Enables mobile-based commodity finance solutions for banks.
Facilitates blockchain-based financial initiatives for institutions.
Board of directors of Puratech Solutions (India) Private Limited (Puratech Solutions)
Puratech Solutions (India) Private Limited is the primary company behind Puratech Solutions. The board of Puratech Solutions (India) Private Limited currently have 2 directors; the longest-serving is Vishal Chandrakant Shah, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Chandrakant Shah DIN 02137439 | Director | 05 Jun 2008 | 18 yrs 4 mo | Puratech Solutions (India) Private Limited |
| Mukund Sivasubramaniam DIN 01994708 | Director | 05 Jun 2008 | 18 yrs 4 mo | Puratech Solutions (India) Private Limited |
People of Puratech Solutions
1 people are tracked at Puratech Solutions (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Puratech Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of Puratech Solutions
Figures of Puratech Solutions (India) Private Limited, the primary company behind Puratech Solutions, for FY 2024. Revenue was ₹7.01 Cr. Net profit was ₹22 Lakh (3% margin). EBITDA was ₹50.8 Lakh (7% margin). Revenue has grown at a compounded annual rate of +1% over three years and 0% over five years.
- ₹7.01 CrRevenue · FY 2024
- ₹22 LakhNet profit · 3% margin
- ₹50.8 LakhEBITDA · 7% margin
- ₹1.6 LakhPaid-up capital
- +1%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Puratech Solutions (India) Private Limited are on its company page.
Detailed financial statements for Puratech Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Competitors of Puratech Solutions
Puratech Solutions has 3 listed competitors in our database, 3 of them funded. They include Veefin, FinBox and Binocs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| veefin.com | 2020 | Mumbai, India | $3M | 25 | SaaS-based supply chain financing solutions are delivered globally. | |
| finbox.in | 2015 | Bengaluru, India | $51.09M | 215 | Developer of digital credit infrastructure and risk intelligence suite | |
| binocs.co | 2022 | Bengaluru, India | $4M | 16 | Gen AI powered document analyzer and loan monitoring system |
Detailed competitors of Puratech Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Puratech Solutions
Websites that share an audience with Puratech Solutions (puratech.co.in).
Websites whose visitors overlap most with Puratech Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
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Frequently Asked Questions about Puratech Solutions
Puratech Solutions was founded in 2003.
Puratech Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Puratech Solutions, Puratech Solutions (India) Private Limited, reported revenue of ₹7.01 Cr for FY 2024.
Puratech Solutions was founded in 2003 and is headquartered in Mumbai, India. Operations are conducted as a technology conglomerate spanning various sectors. Services provided include e-travel solutions, e-banking for retail and wholesale environments, e-warehousing for agricultural products, e-compliance management, knowledge management systems, e-geology database mining, and e-school platforms for educational institutions, among others.
Puratech Solutions offers Digital Lending Platform, Intelligent IT Solutions, eCBF Implementation, and e-SCF Implementation.
Puratech Solutions operates through Puratech Solutions (India) Private Limited.
The legal entities of Puratech Solutions currently have 2 directors, including Vishal Chandrakant Shah, Mukund Sivasubramaniam.