About Quovantis
Quovantis is a Technology company based in Delhi (India) founded in 2010, and was acquired by emids in April 2021. Product design and development company. The company has 307 employees. Quovantis has completed 1 acquisition, including Wecraft Media. Its Indian entity Quovantis Technologies Private Limited reported revenue of ₹56.80 Cr. Its focus areas include Business Services, IT Services, Application Development and Horizontal. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Helps product companies and startups with user experience design and product development. Provides ideation, prototyping, solution architecture, web and mobile app development services. Completed 200 projects. Clients include Microsoft, isango, Nucleus Software, x1, ESO, cruun, Goibibo, Healthkart, iYogi, etc. Quovantis Technologies Ranked Number 21st Fastest Growing Technology Company on the Deloitte Technology Fast 50 India 2013. Quovantis Technologies was among the Finalist for the 2014 Red Herring Top 100 Asia Award.
- Headquarters Delhi, India
- Employees 307
- Stage Acquired
- SectorsTechnology
- Website quovantis.com
- Social LinkedIn Facebook
- Acquired by emids (Apr 2021)
- Legal Name Quovantis Technologies Private Limited
- Date of Incorporation 12 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹56.80 Cr
FY 2021 · +8% YoY
- Net Loss-₹9.52 Cr
FY 2021 · -17% margin
- EBITDA-₹9.38 Cr
FY 2021 · -17% margin
- Investors
- Employee Count307
- Investments & Acquisitions
- Acquired byemids
(Apr 2021)
Associated legal entities of Quovantis
Quovantis operates through Quovantis Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Quovantis Technologies Private Limited CIN U72900KA2010PTC154142 | Amalgamated | 12 Apr 2010 | Bangalore, Karnataka | ₹56.8 Cr | 307 | 3 | View details |
Investors in Quovantis
Quovantis has secured backing from 1 investor. Prominent investors backing the company include emids.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital transformation solutions are provided for healthcare and life sciences. | 1999 | emids.com | Franklin, United States |
Investor details for Quovantis
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Board of directors of Quovantis Technologies Private Limited (Quovantis)
Quovantis Technologies Private Limited is the primary company behind Quovantis. The board of Quovantis Technologies Private Limited currently have 3 directors; the longest-serving is Tarun Kohli, appointed in 2010. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tarun Kohli DIN 02662838 | Director | 12 Apr 2010 | 16 yrs 6 mo | Quovantis Technologies Private Limited |
| Ramesh Narayan Emani DIN 02081595 | Director | 01 Apr 2021 | 5 yrs 7 mo | Quovantis Technologies Private Limited |
| Saurabh Sinha DIN 01937451 | Director | 01 Apr 2021 | 5 yrs 7 mo | Quovantis Technologies Private Limited |
Financials of Quovantis
Figures of Quovantis Technologies Private Limited, the primary company behind Quovantis, for FY 2021. Revenue was ₹56.80 Cr (+8% year on year). Net loss was -₹9.52 Cr (-17% margin). EBITDA was -₹9.38 Cr (-17% margin).
- ₹56.80 CrRevenue · FY 2021 · +8% YoY
- -₹9.52 CrNet loss · -17% margin
- -₹9.38 CrEBITDA · -17% margin
- ₹18.4 LakhPaid-up capital
- 307Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Quovantis Technologies Private Limited are on its company page.
Detailed financial statements for Quovantis
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Investments & Acquisitions by Quovantis
Quovantis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wecraft Media.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Application development services are provided by Wecraft Media. | wecraftmedia.com | Plovdiv, Bulgaria | 2015 | Jan 2017 | •••• |
Complete acquisition details for Quovantis
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Timeline of Quovantis
3 dated milestones of Quovantis across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Quovantis is founded.
- Acquisition Acquires Wecraft Media.
- Exit Acquired by emids.
Competitors of Quovantis
Quovantis has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Quovantis
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Web traffic of Quovantis
Websites that share an audience with Quovantis (quovantis.com).
Websites whose visitors overlap most with Quovantis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ideata-analytics.com | 100% | View details | |||
| sigmainfo.net | 89% | 14.1K | #1,759,914 | View details | |
| calsoftlabs.com | 64% | View details | |||
| einfochips.com | 61% | 63K | #621,638 | View details | |
fast-product-development.com | fast-product-development.com | 58% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Quovantis
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Related news about Quovantis
Complete news archive for Quovantis
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Frequently Asked Questions about Quovantis
Quovantis was founded in 2010.
Quovantis is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Quovantis has 307 employees.
The primary company behind Quovantis, Quovantis Technologies Private Limited, reported revenue of ₹56.80 Cr for FY 2021, up 8% year on year.
Helps product companies and startups with user experience design and product development. Provides ideation, prototyping, solution architecture, web and mobile app development services. Completed 200 projects. Clients include Microsoft, isango, Nucleus Software, x1, ESO, cruun, Goibibo, Healthkart, iYogi, etc. Quovantis Technologies Ranked Number 21st Fastest Growing Technology Company on the Deloitte Technology Fast 50 India 2013. Quovantis Technologies was among the Finalist for the 2014 Red Herring Top 100 Asia Award.
Quovantis's top competitors include Happiest Minds and Datamatics.
Quovantis has made 1 acquisition, including Wecraft Media.
Quovantis has 1 investor. Key investors include emids.
Quovantis operates through Quovantis Technologies Private Limited.
Yes. Quovantis was acquired by emids in April 2021.
The legal entities of Quovantis currently have 3 directors, including Ramesh Narayan Emani, Saurabh Sinha, Tarun Kohli.