Pyramid Technology Solutions

Indianapolis, United States Founded: 1998 • Age: 28 yrs Acquired By Hanover Partners
IT and staffing services are provided to clients by PTS.

About Pyramid Technology Solutions

Pyramid Technology Solutions is a Technology company based in Indianapolis (United States) founded in 1998, and was acquired by Hanover Partners in April 2008. It operates as an IT and staffing services are provided to clients by PTS. It operates on a Professional Services and Managed Services model. The company has 97 employees. Its chief executive is Kishore Kantamneni. Its Indian entity Pyramid Softsol Private Limited reported revenue of β‚Ή17.91 Cr. Pyramid Technology Solutions offers products and services including Enterprise Solutions, Custom Software Development, On Demand IT Services, Specialized Staffing, and Testing & QA. Its focus areas include IT Services and Software Development. Its competitors include UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS and 5 more; 5 of its 10 listed competitors have raised funding.

Company details

Pyramid Technology Solutions is involved in delivering world-class IT consulting, business technology, and software development services across various industries. Comprehensive solutions are provided in enterprise software, custom application development, on-demand IT services, and specialized staffing. Operations span ERP systems, cloud services, data center migration, security testing, and big data analytics. Testing and quality assurance services are offered alongside consulting and automation tools. The company is focused on innovation-led strategies to address diverse and complex client needs in the technology sector.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹17.91 Cr

    FY 2024 · +5% YoY

  • Net Profit
    ₹7.29 Cr

    FY 2024 · 41% margin

  • EBITDA
    ₹8.24 Cr

    FY 2024 · 46% margin

  • Investors
  • Employee Count
    97
  • Acquired by

Products & Services of Pyramid Technology Solutions

Pyramid Technology Solutions offers a comprehensive portfolio of products and services, including Enterprise Solutions, Custom Software Development, On Demand IT Services, Specialized Staffing, and Testing & QA.

Enterprise Solutions
IT Services

Enterprise software solutions are provided for business systems.

Custom Software Development
IT Services

Custom software applications are developed for specific needs.

On Demand IT Services
IT Services

IT services are offered based on immediate needs.

Specialized Staffing
Professional Services

Qualified candidates are recruited for specific IT roles.

Testing & QA
IT Services

Quality management and testing services are provided comprehensively.

Investors in Pyramid Technology Solutions

Pyramid Technology Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hanover Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Hanover Partners is engaged in private equity investments.
1994hanoverpartners.comSan Francisco, United States
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Investor details for Pyramid Technology Solutions

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Board of directors of Pyramid Softsol Private Limited (Pyramid Technology Solutions)

Pyramid Softsol Private Limited is the primary company behind Pyramid Technology Solutions. The board of Pyramid Softsol Private Limited currently have 3 directors; the longest-serving is Venigalla Gopala Krishna, appointed in 2006. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Venigalla Gopala Krishna
DIN 02060466
Managing Director18 Sep 200620 yrs 1 moPyramid Softsol Private Limited
Kantamaneni Venkata Siva Naga Kishore
DIN 02713000
Director08 Jul 200917 yrs 3 moPyramid Softsol Private Limited
Karuna Venigalla
DIN 02060447
Director19 Dec 20223 yrs 10 moPyramid Softsol Private Limited

People of Pyramid Technology Solutions

1 people are tracked at Pyramid Technology Solutions (1 in leadership); the tracked headcount is 97.

NameRoleGroup
Kishore Kantamneni
CEOLeadership
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Complete people profiles for Pyramid Technology Solutions

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  • Team structure
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Financials of Pyramid Technology Solutions

Figures of Pyramid Softsol Private Limited, the primary company behind Pyramid Technology Solutions, for FY 2024. Revenue was ₹17.91 Cr (+5% year on year). Net profit was ₹7.29 Cr (41% margin). EBITDA was ₹8.24 Cr (46% margin). Revenue has grown at a compounded annual rate of +19% over three years and +7% over five years.

  • ₹17.91 CrRevenue · FY 2024 · +5% YoY
  • ₹7.29 CrNet profit · 41% margin
  • ₹8.24 CrEBITDA · 46% margin
  • ₹2.4 LakhPaid-up capital
  • 97Employees (provident fund records)
  • +19%Revenue CAGR, 3 years
  • +7%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Pyramid Softsol Private Limited are on its company page.

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Detailed financial statements for Pyramid Technology Solutions

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  • Downloads

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Timeline of Pyramid Technology Solutions

2 dated milestones of Pyramid Technology Solutions across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pyramid Technology Solutions is founded.
  2. Exit Acquired by Hanover Partners.

Competitors of Pyramid Technology Solutions

Pyramid Technology Solutions has 10 listed competitors in our database, 5 of them funded. They include UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
reply.com1996Turin, Italy$24.33M–
AI, cloud, and blockchain services are provided globally.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
globant.com2003Buenos Aires, Argentina$30M564
IT and digital transformation services are delivered to various industries.
ionos.com1988Chesterbrook, United States–134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
epam.com1993Newtown Square, United States$50M–
Provider of software development, data analytics, and other IT suite services
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
persistent.com1990Pune, India$18.8M20,909
IT consulting, data analytics, and digital transformation services are provided.
mindtree.com1999Bengaluru, India$23.9M33,802
Outsourcing solutions in IT, engineering, and consulting are delivered.
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Detailed competitors of Pyramid Technology Solutions

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Pyramid Technology Solutions

The website of Pyramid Technology Solutions (pyramidinc.com) receives about 2.3K visits a month.

  • Monthly visits
    2.3K

    ▼ 16.1% vs previous month

Similar websites

Websites whose visitors overlap most with Pyramid Technology Solutions. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
in.linkedin.com
in.linkedin.com
100%
–––
visasquare.com
visasquare.com
95%
–––
pyramiddec.com
pyramiddec.com
38%
–––
pyramidci.com
pyramidci.com
38%
–#377,742–
pyramidsolutions.com
38%
–#3,350,599View details

Top companies in IT Services & Operations

10 companies that operate in the same segment as Pyramid Technology Solutions (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M–1,898
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B5,196
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B–7,596
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Pyramid Technology Solutions

Pyramid Technology Solutions was founded in 1998.

Pyramid Technology Solutions is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

Kishore Kantamneni is the current CEO of Pyramid Technology Solutions.

Pyramid Technology Solutions has 97 employees.

The primary company behind Pyramid Technology Solutions, Pyramid Softsol Private Limited, reported revenue of β‚Ή17.91 Cr for FY 2024, up 5% year on year.

Pyramid Technology Solutions is involved in delivering world-class IT consulting, business technology, and software development services across various industries. Comprehensive solutions are provided in enterprise software, custom application development, on-demand IT services, and specialized staffing. Operations span ERP systems, cloud services, data center migration, security testing, and big data analytics. Testing and quality assurance services are offered alongside consulting and automation tools. The company is focused on innovation-led strategies to address diverse and complex client needs in the technology sector.

Pyramid Technology Solutions's top competitors include 1&1 IONOS, Mindtree and Genpact.

Pyramid Technology Solutions offers Enterprise Solutions, Custom Software Development, On Demand IT Services, Specialized Staffing, and Testing & QA.

Pyramid Technology Solutions has 1 investor. Key investors include Hanover Partners.

Pyramid Technology Solutions operates through Pyramid Softsol Private Limited.

Yes. Pyramid Technology Solutions was acquired by Hanover Partners in April 2008.

The legal entities of Pyramid Technology Solutions currently have 3 directors, including Venigalla Gopala Krishna, Karuna Venigalla, Kantamaneni Venkata Siva Naga Kishore.

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