Reedom Techno Solutions

Hyderabad, India Founded: 2018 • Age: 8 yrs
Provides application development and ERP services for businesses.

About Reedom Techno Solutions

Reedom Techno Solutions was a Technology company based in Hyderabad (India) founded in 2018. It provides application development and ERP services for businesses. It operates on a B2B model. Its Indian entity Reedom Techno Solutions Private Limited reported revenue of β‚Ή9.7 Lakh. The company is recorded as dissolved. Its focus areas include Software Development, Application Development and ERP Solutions. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed similar companies have raised funding.

Company details

Reedom Techno Solutions provides application development and erp services for businesses through leveraging cutting-edge technology, creating custom software solutions, application development, and erp solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Key Metrics
  • Annual Revenue
    ₹9.7 Lakh

    FY 2020 · -42% YoY

  • Net Loss
    -₹18 Lakh

    FY 2020 · -186% margin

  • EBITDA
    -₹7.8 Lakh

    FY 2020 · -81% margin

Board of directors of Reedom Techno Solutions Private Limited (Reedom Techno Solutions)

Reedom Techno Solutions Private Limited is the primary company behind Reedom Techno Solutions. The board of Reedom Techno Solutions Private Limited currently have 3 directors; the longest-serving is Madhukeer Penhala Rao, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Madhukeer Penhala Rao
DIN 08132445
Director14 May 20188 yrs 5 moReedom Techno Solutions Private Limited
Balu Arulandu
DIN 08132446
Director14 May 20188 yrs 5 moReedom Techno Solutions Private Limited
Laxminarayana Budhineni
DIN 08132447
Director14 May 20188 yrs 5 moReedom Techno Solutions Private Limited

Financials of Reedom Techno Solutions

Figures of Reedom Techno Solutions Private Limited, the primary company behind Reedom Techno Solutions, for FY 2020. Revenue was ₹9.7 Lakh (-42% year on year). Net loss was -₹18 Lakh (-186% margin). EBITDA was -₹7.8 Lakh (-81% margin).

  • ₹9.7 LakhRevenue · FY 2020 · -42% YoY
  • -₹18 LakhNet loss · -186% margin
  • -₹7.8 LakhEBITDA · -81% margin
  • ₹1 LakhPaid-up capital

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

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Detailed financial statements for Reedom Techno Solutions

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Similar companies to Reedom Techno Solutions

Reedom Techno Solutions has 9 listed similar companies in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
ionos.com1988Chesterbrook, United States–134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
mavenir.com2005Richardson, United States$105.36M363
Multi-access edge networking computing platform is provided for mobile services.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
endava.com2000London, United Kingdom–12,063
Endava is engaged in digital transformation and AI-driven solutions.
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Detailed similar companies of Reedom Techno Solutions

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Top companies in ERP & Enterprise Software Services

10 companies that operate in the same segment as Reedom Techno Solutions (ERP & Enterprise Software Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of essential services for merchants including business management, customer analysis, and payment services
2016Seoul, Seoul, South KoreaUSD 131.97 M–172
Cloud-based enterprise integration and digital transformation services are provided.
1995Naperville, Illinois, United States–USD 15.22 M447
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide.
2004Hyderabad, Telangana, India––895
Offers SEO and digital marketing services for business growth online.
2006Delhi, Delhi, India–USD 4.36 M144
End-to-end solutions for software businesses are provided.
1989Austin, Texas, United States–––
ERP services are provided by sa.global since 1990.
1990Marietta, Georgia, United States–––
Cloud-based enterprise business management software provider
2004Vaihingen An Der Enz, Baden-wurttemberg, Germany–USD 8.37 M77
Governance and compliance services are provided to franchise operations.
1997Virginia Beach, Virginia, United States–USD 4.4 B6,535
Provider of ERP consulting services
2009Plano, Texas, United States––264
SAP and managed services are provided by Lemongrass.
2008Ewing Township, New Jersey, United States–USD 2.17 M172
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Frequently Asked Questions about Reedom Techno Solutions

Reedom Techno Solutions was founded in 2018.

Reedom Techno Solutions is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind Reedom Techno Solutions, Reedom Techno Solutions Private Limited, reported revenue of β‚Ή9.7 Lakh for FY 2020, down 42% year on year.

Reedom Techno Solutions provides application development and erp services for businesses through leveraging cutting-edge technology, creating custom software solutions, application development, and erp solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Reedom Techno Solutions's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Reedom Techno Solutions operates through Reedom Techno Solutions Private Limited.

The legal entities of Reedom Techno Solutions currently have 3 directors, including Madhukeer Penhala Rao, Balu Arulandu, Laxminarayana Budhineni.

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