About Quelit
Quelit is a company based in Chennai (India) founded in 2016. It operates as a B2B. Quelit offers products and services including Flaremails and Academy. Quelit operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Chennai, India
- SectorsTechnology
- Website quelit.com
- Social LinkedIn X
- Legal Name Quelit Innovations Private Limited
- Date of Incorporation 25 Oct, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹0.09 Cr
FY 2024 · +3% YoY
- Net Loss-₹0.02 Cr
FY 2024 · -26% margin
- EBITDA-₹0.01 Cr
FY 2024 · -11% margin
Associated legal entities of Quelit
Quelit operates through Quelit Innovations 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 |
|---|---|---|---|---|---|---|---|
| Quelit Innovations Private Limited CIN U74999TN2016PTC113059 | Active | 25 Oct 2016 | Chennai, Tamil Nadu | ₹0.1 Cr | – | 2 | View details |
Products & Services of Quelit
Quelit offers a comprehensive portfolio of products and services, including Flaremails and Academy.
Homegrown platform for customer engagement in data and AI contexts.
Assists clients in launching products within AI and data spaces.
Board of directors of Quelit Innovations Private Limited (Quelit)
Quelit Innovations Private Limited is the primary company behind Quelit. The board of Quelit Innovations Private Limited currently have 2 directors; the longest-serving is Kathirmani Sukumar, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kathirmani Sukumar DIN 07635288 | Director | 25 Oct 2016 | 9 yrs 11 mo | Quelit Innovations Private Limited |
| Babu Veeramuthu DIN 09706818 | Director | 24 Aug 2022 | 4 yrs 1 mo | Quelit Innovations Private Limited |
Financials of Quelit
Figures of Quelit Innovations Private Limited, the primary company behind Quelit, for FY 2024. Revenue was ₹0.09 Cr (+3% year on year). Net loss was -₹0.02 Cr (-26% margin). EBITDA was -₹0.01 Cr (-11% margin). Revenue has grown at a compounded annual rate of -27% over three years and -26% over five years.
- ₹0.09 CrRevenue · FY 2024 · +3% YoY
- -₹0.02 CrNet loss · -26% margin
- -₹0.01 CrEBITDA · -11% margin
- ₹0.01 CrPaid-up capital
- -27%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Quelit Innovations Private Limited are on its company page.
Detailed financial statements for Quelit
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 Quelit
Quelit 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 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 | $9.5M | 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 | $8.7M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.3M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16.0M | – | 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 | $22.0M | – | 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 Quelit
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.
Similar companies to Quelit
10 companies that operate in the same segment as Quelit (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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 Quelit
Quelit was founded in 2016.
Quelit is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Quelit, Quelit Innovations Private Limited, reported revenue of ₹0.09 Cr for FY 2024, up 3% year on year.
Quelit specializes in data and AI architectures, focusing on product development and consulting services across finance, automotive, and IoT sectors. Based in Chennai, India, they handle stream or batch data processing in warehouses or lakes to gather business insights. Their offerings include the Flaremails customer engagement platform and support for launching AI products, serving clients in various industries.
Quelit's top competitors include Hedgehog lab, AlmavivA and AKQA.
Quelit offers Flaremails and Academy.
Quelit operates through Quelit Innovations Private Limited.
The legal entities of Quelit currently have 2 directors, including Babu Veeramuthu, Kathirmani Sukumar.