About Raas Infotek
Raas Infotek is a company based in Newark (United States) founded in 2010. It operates as a B2B. The company has 45 employees. Raas Infotek operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Newark, United States
- Employees 45
- SectorsTechnology
- Website raasinfotek.com
- Legal Name Raas Info Solutions Private Limited
- Date of Incorporation 23 Jan, 2015
- Jurisdiction Guntur, Andhra Pradesh, India
- Annual Revenue₹5.50 Cr
FY 2021 · +1% YoY
- Net Profit₹37.7 Lakh
FY 2021 · 7% margin
- EBITDA₹65.1 Lakh
FY 2021 · 12% margin
- Employee Count45
Associated legal entities of Raas Infotek
Raas Infotek operates through Raas Info Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Raas Info Solutions Private Limited CIN U72200AP2015PTC096083 | Active | 23 Jan 2015 | Guntur, Andhra Pradesh | ₹5.5 Cr | 45 | 4 | View details |
Board of directors of Raas Info Solutions Private Limited (Raas Infotek)
Raas Info Solutions Private Limited is the primary company behind Raas Infotek. The board of Raas Info Solutions Private Limited currently have 4 directors; the longest-serving is Kankanala Chenchu Babu, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kankanala Chenchu Babu DIN 06791758 | Director | 23 Jan 2015 | 11 yrs 8 mo | Raas Info Solutions Private Limited |
| Chandu Kankanala DIN 07029175 | Director | 23 Jan 2015 | 11 yrs 8 mo | Raas Info Solutions Private Limited |
| Seetha Ramaiah Kankanala DIN 07095463 | Director | 04 Mar 2016 | 10 yrs 7 mo | Raas Info Solutions Private Limited |
| Sita Mahalakshmi Kankanala DIN 06792095 | Director | 04 Mar 2016 | 10 yrs 7 mo | Raas Info Solutions Private Limited |
Financials of Raas Infotek
Figures of Raas Info Solutions Private Limited, the primary company behind Raas Infotek, for FY 2021. Revenue was ₹5.50 Cr (+1% year on year). Net profit was ₹37.7 Lakh (7% margin). EBITDA was ₹65.1 Lakh (12% margin). Revenue has grown at a compounded annual rate of +26% over three years and +31% over five years.
- ₹5.50 CrRevenue · FY 2021 · +1% YoY
- ₹37.7 LakhNet profit · 7% margin
- ₹65.1 LakhEBITDA · 12% margin
- ₹1 LakhPaid-up capital
- 45Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Raas Info Solutions Private Limited are on its company page.
Detailed financial statements for Raas Infotek
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- Statement rows
- Financial ratios
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Competitors of Raas Infotek
Raas Infotek 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| mindtree.com | 1999 | Bengaluru, India | $23.9M | 33,802 | Outsourcing solutions in IT, engineering, and consulting are delivered. |
Detailed competitors of Raas Infotek
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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Verified entity values are shown only after access is granted.
Similar companies to Raas Infotek
10 companies that operate in the same segment as Raas Infotek (ERP & Enterprise Software Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based enterprise integration and digital transformation services are provided. | 1995 | Naperville, Illinois, United States | – | USD 15.22 M | 447 | |
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. | 2004 | Hyderabad, Telangana, India | – | – | 895 | |
Offers SEO and digital marketing services for business growth online. | 2006 | Delhi, Delhi, India | – | USD 4.36 M | 144 | |
End-to-end solutions for software businesses are provided. | 1989 | Austin, Texas, United States | – | – | – | |
ERP services are provided by sa.global since 1990. | 1990 | Marietta, Georgia, United States | USD 50 M | – | – | |
Cloud-based enterprise business management software provider | 2004 | Vaihingen An Der Enz, Baden-wurttemberg, Germany | – | USD 8.37 M | 77 | |
Governance and compliance services are provided to franchise operations. | 1997 | Virginia Beach, Virginia, United States | – | USD 4.4 B | 6,535 | |
Provider of ERP consulting services | 2009 | Plano, Texas, United States | – | – | 264 | |
SAP and managed services are provided by Lemongrass. | 2008 | Ewing Township, New Jersey, United States | – | USD 2.17 M | 172 | |
Provider of ERP consulting services | 2007 | Castle Donington, United Kingdom | – | – | 38 |
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Frequently Asked Questions about Raas Infotek
Raas Infotek was founded in 2010.
Raas Infotek is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Raas Infotek has 45 employees.
The primary company behind Raas Infotek, Raas Info Solutions Private Limited, reported revenue of ₹5.50 Cr for FY 2021, up 1% year on year.
Raas Infotek delivers comprehensive it solutions including application development, system integration, erp, and consulting services through information technology, providing IT services, creating custom software solutions, and erp and integration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Raas Infotek operates through Raas Info Solutions Private Limited.
The legal entities of Raas Infotek currently have 4 directors, including Seetha Ramaiah Kankanala, Sita Mahalakshmi Kankanala, Kankanala Chenchu Babu and others.