About Retter Technology Consulting
Retter Technology Consulting is a Technology company based in Bengaluru (India) founded in 2018. Software development, IT consulting, and staffing services are provided. Retter Technology Consulting has raised $40.65 thousand across 2 funding rounds from investors including Techstars, Nachiket Navin Rau and Vivek Basavareddy Yavagal. Retter Technology Consulting was last valued at $337.1 thousand in March 2020. Its Indian entity Retter Technology Consulting Private Limited reported revenue of ₹25.5 Lakh. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Retter Technology Consulting was founded in 2018 and is based in Bengaluru, India. Operations are centered on the information technology sector, where software development services are delivered alongside IT consulting and staffing solutions. These activities support businesses through customized technical expertise and personnel placement. The company maintains a focus on regional and potentially broader markets via its domain, rettertech.com, ensuring practical IT support structures.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website rettertech.com
- Social LinkedIn X
- Legal Name Retter Technology Consulting Private Limited
- Date of Incorporation 07 Feb, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹25.5 Lakh
FY 2021 · -55% YoY
- Net Loss-₹67.6 Lakh
FY 2021 · -266% margin
- EBITDA-₹66.9 Lakh
FY 2021 · -263% margin
- Total Equity Funding$40.65K (USD)
in 2 rounds
- Latest Funding Round$19.59K (USD), Seed
Mar 2020
- InvestorsTechstars
& 2 more
Associated legal entities of Retter Technology Consulting
Retter Technology Consulting operates through Retter Technology Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Retter Technology Consulting Private Limited CIN U72900KA2018PTC110007 | Active | 07 Feb 2018 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
Funding Insights of Retter Technology Consulting
Retter Technology Consulting has successfully raised a total of $40.65K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $19.59 thousand completed in March 2020. 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.
- Total Funding $40,653
- Total Rounds 2
- Last Round Seed — $19,593
- First Round $21,060
(Dec 2019)
- Investors Count 3
All 2 funding rounds of Retter Technology Consulting with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $19,593 | Seed | $337,100 | Techstars | – |
| Dec 2019 | $21,060 | Angel Round | $968,932 | Nachiket Navin Rau |
Last known valuation $337,100 (Mar 2020). 3 investors in total: 1 institutional and 2 angel.
Investors in Retter Technology Consulting
Retter Technology Consulting has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, Nachiket Navin Rau and Vivek Basavareddy Yavagal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
NN Nachiket Navin Rau | unknown_62ca00344ba443759 | |||
VB Vivek Basavareddy Yavagal | unknown_36693d01f8f84797b |
Investor details for Retter Technology Consulting
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Retter Technology Consulting Private Limited (Retter Technology Consulting)
Retter Technology Consulting Private Limited is the primary company behind Retter Technology Consulting. The board of Retter Technology Consulting Private Limited currently have 2 directors; the longest-serving is Ravitej Lakshman Yadalam, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravitej Lakshman Yadalam DIN 05005327 | Director | 03 Jul 2018 | 8 yrs 4 mo | Retter Technology Consulting Private Limited |
| Nambiathav Kedaram Navaneeth DIN 08667760 | Director | 21 Jan 2020 | 6 yrs 9 mo | Retter Technology Consulting Private Limited |
Financials of Retter Technology Consulting
Figures of Retter Technology Consulting Private Limited, the primary company behind Retter Technology Consulting, for FY 2021. Revenue was ₹25.5 Lakh (-55% year on year). Net loss was -₹67.6 Lakh (-266% margin). EBITDA was -₹66.9 Lakh (-263% margin).
- ₹25.5 LakhRevenue · FY 2021 · -55% YoY
- -₹67.6 LakhNet loss · -266% margin
- -₹66.9 LakhEBITDA · -263% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Retter Technology Consulting Private Limited are on its company page.
Detailed financial statements for Retter Technology Consulting
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Retter Technology Consulting
3 dated milestones of Retter Technology Consulting across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Retter Technology Consulting is founded.
- Funding First funding round of $21K.
- Funding Latest funding round, Seed, of $20K.
Competitors of Retter Technology Consulting
Retter Technology Consulting has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Retter Technology Consulting
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Related news about Retter Technology Consulting
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Frequently Asked Questions about Retter Technology Consulting
Retter Technology Consulting was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Retter Technology Consulting is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Retter Technology Consulting is a funded company, having raised a total of $40.65K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $21.06K, raised on Dec 2019.
The primary company behind Retter Technology Consulting, Retter Technology Consulting Private Limited, reported revenue of ₹25.5 Lakh for FY 2021, down 55% year on year.
Retter Technology Consulting was founded in 2018 and is based in Bengaluru, India. Operations are centered on the information technology sector, where software development services are delivered alongside IT consulting and staffing solutions. These activities support businesses through customized technical expertise and personnel placement. The company maintains a focus on regional and potentially broader markets via its domain, rettertech.com, ensuring practical IT support structures.
Retter Technology Consulting's top competitors include Happiest Minds and Datamatics.
Retter Technology Consulting has 3 investors. Key investors include Techstars, Nachiket Navin Rau, and Vivek Basavareddy Yavagal.
The valuation of Retter Technology Consulting is $337.1K as of Mar 2020.
Retter Technology Consulting operates through Retter Technology Consulting Private Limited.
The legal entities of Retter Technology Consulting currently have 2 directors, including Nambiathav Kedaram Navaneeth, Ravitej Lakshman Yadalam.