
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 βΉ9.7 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.
- Headquarters Hyderabad, India
- SectorsTechnology
- Website reedomtechnosolutions.com
- Legal Name Reedom Techno Solutions Private Limited
- Date of Incorporation 14 May, 2018
- Jurisdiction Karimnagar, Telangana, India
- 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
Associated legal entities of Reedom Techno Solutions
Reedom Techno Solutions operates through Reedom Techno Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reedom Techno Solutions Private Limited CIN U74999TG2018PTC124423 | Active | 14 May 2018 | Karimnagar, Telangana | ₹0.1 Cr | – | 3 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhukeer Penhala Rao DIN 08132445 | Director | 14 May 2018 | 8 yrs 5 mo | Reedom Techno Solutions Private Limited |
| Balu Arulandu DIN 08132446 | Director | 14 May 2018 | 8 yrs 5 mo | Reedom Techno Solutions Private Limited |
| Laxminarayana Budhineni DIN 08132447 | Director | 14 May 2018 | 8 yrs 5 mo | Reedom 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.
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 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. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, Seoul, South Korea | USD 131.97 M | – | 172 | |
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 | – | – | – | |
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 |
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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 βΉ9.7 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.