Reckonsys

Bengaluru, India Founded: 2015 • Age: 11 yrs
Provider of IT service suite services
Annual revenue $1.1M Latest available
Total funding $145,402 1 rounds
Employees 64 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Reckonsys

Reckonsys is a company based in Bengaluru (India) founded in 2015. Reckonsys has raised $145.4 thousand across 1 funding round from investors including Lokesh Reddy Chillakuru and Shaik Gulam Rasool. The company has 64 employees as of April 08, 2024. Reckonsys operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Bengaluru, India
  • Employees 64 as on 08 Apr, 2024
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Reckonsys Tech Labs Private Limited
  • Date of Incorporation 29 May, 2015
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.12 M (USD)
    -2.12
    as on Mar 31, 2023
  • Net Profit
    $3.33 K (USD)
    -97.92
    as on Mar 31, 2023
  • EBITDA
    $101.62 K (USD)
    -69.43
    as on Mar 31, 2023
  • Total Equity Funding
    $145.4 K (USD)

    in 1 rounds

  • Latest Funding Round
    $145.4 K (USD), Angel Round

    Jul 18, 2019

  • Investors

    & 1 more

  • Employee Count
    64

    as on Apr 08, 2024

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People of Reckonsys

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Sathish Visanagiri
Founder & CEO
People
Subhajit Mukherjee
Associate Vice President Products & Growth
People
Augustine Joseph
Junior Software Engineer
People
Akash Agarwal
Tech Architect

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Funding Insights of Reckonsys

Reckonsys has successfully raised a total of $145.4K through 1 strategic funding round. The most recent funding activity was a Angel Round of $145.4 thousand completed in July 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Reckonsys

Reckonsys has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Lokesh Reddy Chillakuru and Shaik Gulam Rasool.

All
Angel
Investor Description Founded Year Domain Location

Lokesh Reddy Chillakuru

-
Locked Locked Locked

Shaik Gulam Rasool

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Locked Locked Locked
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Investor details for Reckonsys

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Investments & Acquisitions by Reckonsys

Investments
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Investment portfolio details for Reckonsys

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Financial Statements - Reckonsys

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Detailed financials for Reckonsys

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Reckonsys Comparisons

Reckonsys Primary company
Description
Provider of IT service suite services
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$1.12 M (USD)
Net Profit
$3.33 K (USD)
EBITDA
$101.62 K (USD)
Employees
64
As of 2024
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Peer comparison for Reckonsys

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Competitors of Reckonsys

Reckonsys 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
High-quality office furniture is provided by UST for various needs.
Locked Locked Locked
Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Reckonsys

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Latest news on Reckonsys

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Frequently Asked Questions about Reckonsys

Reckonsys was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Reckonsys is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Reckonsys is a funded company, having raised a total of $145.4K across 1 funding round to date.

As of Apr 08, 2024, the latest employee count at Reckonsys is 64.

Annual revenue of Reckonsys is $1.12M as on Mar 31, 2023.

Reckonsys, backed by 145402.0 from Lokesh Reddy Chillakuru, Shaik Gulam Rasool, focuses on providing business support, providing IT services, and suite. Provider of IT service suite services. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.

Reckonsys's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Reckonsys has 2 investors. Key investors include Lokesh Reddy Chillakuru, and Shaik Gulam Rasool.

The valuation of Reckonsys is $872.19K as of Jul 2019.

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