About Relecotech
Relecotech is a Technology company based in Nagpur (India) founded in 2013 by Prakash Makde. It offers a cloud-based HRMS platform for efficient human resource management. It operates on a B2B model. Its Indian entity Relecotech Software Solutions Private Limited reported revenue of ₹79.2 Lakh. Its focus areas include Software, HR Solutions and Cloud-Based HRMS. Similar companies include Gusto, Paycor, Paychex, ADP and Personio and 4 more; 7 of its 9 listed similar companies have raised funding.
Company details
Relecotech offers a cloud-based hrms platform for efficient human resource management through leveraging cutting-edge technology, software, hr solutions, and cloud-based hrms. 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 Nagpur, India
- Founders Prakash Makde
- SectorsTechnology
- Email••••••••
- Website hr1.relecotech.com
- Social LinkedIn X Facebook YouTube
- Legal Name Relecotech Software Solutions Private Limited
- Date of Incorporation 28 May, 2013
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹79.2 Lakh
FY 2024 · +37% YoY
- Net Profit₹4.9 Lakh
FY 2024 · 6% margin
- EBITDA₹5.7 Lakh
FY 2024 · 7% margin
Associated legal entities of Relecotech
Relecotech operates through Relecotech Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Relecotech Software Solutions Private Limited CIN U72300MH2013PTC243708 | Active | 28 May 2013 | Nagpur, Maharashtra | ₹0.8 Cr | – | 2 | View details |
Apps and channels of Relecotech
its YouTube channel Relecotech has 15 subscribers and 4 videos.
Videos from Relecotech
The most watched videos on Relecotech's YouTube channel, Relecotech (15 subscribers). Click a video to play it here.
More on Relecotech.
Board of directors of Relecotech Software Solutions Private Limited (Relecotech)
Relecotech Software Solutions Private Limited is the primary company behind Relecotech. The board of Relecotech Software Solutions Private Limited currently have 2 directors; the longest-serving is Triveni Dinkar Makde, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Triveni Dinkar Makde DIN 06565204 | Director | 28 May 2013 | 13 yrs 4 mo | Relecotech Software Solutions Private Limited |
| Prakash Dinkar Makde DIN 06565191 | Director | 28 May 2013 | 13 yrs 4 mo | Relecotech Software Solutions Private Limited |
People of Relecotech
1 people are tracked at Relecotech (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, Managing Director | Leadership |
Complete people profiles for Relecotech
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Financials of Relecotech
Figures of Relecotech Software Solutions Private Limited, the primary company behind Relecotech, for FY 2024. Revenue was ₹79.2 Lakh (+37% year on year). Net profit was ₹4.9 Lakh (6% margin). EBITDA was ₹5.7 Lakh (7% margin). Revenue has grown at a compounded annual rate of +50% over three years and +24% over five years.
- ₹79.2 LakhRevenue · FY 2024 · +37% YoY
- ₹4.9 LakhNet profit · 6% margin
- ₹5.7 LakhEBITDA · 7% margin
- ₹3.4 LakhPaid-up capital
- +50%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Relecotech Software Solutions Private Limited are on its company page.
Detailed financial statements for Relecotech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Relecotech
Relecotech has 9 listed similar companies in our database, 7 of them funded. They include Gusto, Paycor, Paychex, ADP and Personio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| paycor.com | 1990 | Cincinnati, United States | $449.89M | 584 | Cloud-based HRMS platform is provided for small and medium-sized businesses. | |
| paychex.com | 1971 | New York, United States | – | 1,335 | Cloud-based HRMS solutions are delivered for payroll and employee management. | |
| adp.com | 1949 | Roseland, United States | – | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | |
| personio.com | 2015 | Munich, Germany | $772.5M | – | Cloud-based HRMS platform is offered for small and medium-sized businesses. | |
| trinet.com | 1988 | Dublin, United States | $60M | 347,500 | Cloud-based HRMS platform is offered for small and medium businesses. | |
| rippling.com | 2016 | San Francisco, United States | $1.85B | – | Cloud-based HR management suite is provided for employee operations. | |
| joinhomebase.com | 2014 | San Francisco, United States | $157M | 165 | Workforce scheduling and time tracking are facilitated by Homebase software. | |
| employmenthero.com | 2014 | Sydney, Australia | $459.56M | – | End-to-end HR, payroll, and benefits platform is provided. |
Detailed similar companies of Relecotech
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Relecotech (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Frequently Asked Questions about Relecotech
Relecotech was founded in 2013.
Relecotech is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
The primary company behind Relecotech, Relecotech Software Solutions Private Limited, reported revenue of ₹79.2 Lakh for FY 2024, up 37% year on year.
Relecotech offers a cloud-based hrms platform for efficient human resource management through leveraging cutting-edge technology, software, hr solutions, and cloud-based hrms. 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.
Relecotech operates through Relecotech Software Solutions Private Limited.
The legal entities of Relecotech currently have 2 directors, including Triveni Dinkar Makde, Prakash Dinkar Makde.