RaChiT Software Solutions

Indore, India Founded: 2009 • Age: 17 yrs
Offers custom IT solutions development and implementation for businesses.

About RaChiT Software Solutions

RaChiT Software Solutions is a company based in Indore (India) founded in 2009. It operates as a B2B and Service-based. RaChiT Software Solutions offers products and services including Software Solutions, Mobile Applications, and Websites. RaChiT Software Solutions operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹13 Lakh

    FY 2016 · +39% YoY

  • Net Profit
    ₹50,255

    FY 2016 · 4% margin

  • EBITDA
    ₹71,297

    FY 2016 · 5% margin

Products & Services of RaChiT Software Solutions

RaChiT Software Solutions offers a comprehensive portfolio of products and services, including Software Solutions, Mobile Applications, and Websites.

Software Solutions
IT Services

Development and implementation of custom business software

Mobile Applications
App Development

Creating mobile apps for organizational needs

Websites
Web Development

Building websites with innovative technologies

Board of directors of Rachit Software Solutions Private Limited (RaChiT Software Solutions)

Rachit Software Solutions Private Limited is the primary company behind RaChiT Software Solutions. The board of Rachit Software Solutions Private Limited currently have 2 directors; the longest-serving is Niviya Baid, appointed in 2010.

DirectorDesignationAppointedTenureEntity
Niviya Baid
DIN 02907310
Director25 Feb 201016 yrs 7 moRachit Software Solutions Private Limited
Ravi Kumar Baid
DIN 02907272
Director25 Feb 201016 yrs 7 moRachit Software Solutions Private Limited

Financials of RaChiT Software Solutions

Figures of Rachit Software Solutions Private Limited, the primary company behind RaChiT Software Solutions, for FY 2016. Revenue was ₹13 Lakh (+39% year on year). Net profit was ₹50,255 (4% margin). EBITDA was ₹71,297 (5% margin).

  • ₹13 LakhRevenue · FY 2016 · +39% YoY
  • ₹50,255Net profit · 4% margin
  • ₹71,297EBITDA · 5% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Rachit Software Solutions Private Limited are on its company page.

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Detailed financial statements for RaChiT Software Solutions

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Competitors of RaChiT Software Solutions

RaChiT Software Solutions 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
waracle.com2007Dundee, United Kingdom$6.32M42
Mobile apps and IoT solutions are developed across platforms.
freschesolutions.com1976Montreal, Canada$16M–
IT services for application modernization and development are offered.
sierraatlantic.com1993Newark, United States$17.4M139
Offshore enterprise application development and IT consulting services are provided.
glowtouch.com2002Louisville, United States–2,269
Technology services are provided to mid-sized businesses across multiple regions.
brightspot.com2008Reston, United States$22M–
CMS solutions for digital publishers are provided and managed.
sylogist.com1993Calgary, Canada––
Software solutions are delivered to public sector and business clients.
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Detailed competitors of RaChiT Software Solutions

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

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Similar companies to RaChiT Software Solutions

10 companies that operate in the same segment as RaChiT Software 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 M1,240
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––
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 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
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 RaChiT Software Solutions

RaChiT Software Solutions was founded in 2009.

RaChiT Software Solutions is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.

The primary company behind RaChiT Software Solutions, Rachit Software Solutions Private Limited, reported revenue of β‚Ή13 Lakh for FY 2016, up 39% year on year.

RaChiT Software Solutions, established in 2009 in Indore, India, focuses on developing and implementing tailored IT solutions for unique organizational needs. They create software, mobile applications, and websites using innovative technologies to automate business processes. Serving sectors like manufacturing, healthcare, education, real estate, and hospitality, they ensure efficient, user-friendly tools for clients.

RaChiT Software Solutions's top competitors include Hedgehog lab, AlmavivA and AKQA.

RaChiT Software Solutions offers Software Solutions, Mobile Applications, and Websites.

RaChiT Software Solutions operates through Rachit Software Solutions Private Limited.

The legal entities of RaChiT Software Solutions currently have 2 directors, including Niviya Baid, Ravi Kumar Baid.

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