About Rishvaware
Rishvaware is a Technology company based in Chennai (India) founded in 2018. It provides custom application development and software solutions. It operates on a B2B model. Its Indian entity Rishvaware Technologies Private Limited reported revenue of ₹25.3 Lakh. Its focus areas include Information Technology, Software Development and Custom Applications. Its competitors include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Rishvaware operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, creating custom software solutions, and custom applications. Provides custom application development and software solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chennai, India
- SectorsTechnology
- Website rishvaware.com
- Social LinkedIn Facebook
- Legal Name Rishvaware Technologies Private Limited
- Date of Incorporation 25 May, 2018
- Jurisdiction Pallavaram, Tamil Nadu, India
- Annual Revenue₹25.3 Lakh
FY 2024 · -13% YoY
- Net Profit₹12,265
FY 2024 · 0% margin
- EBITDA₹56,178
FY 2024 · 2% margin
Associated legal entities of Rishvaware
Rishvaware operates through Rishvaware Technologies 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 |
|---|---|---|---|---|---|---|---|
| Rishvaware Technologies Private Limited CIN U72502TN2018PTC122911 | Active | 25 May 2018 | Pallavaram, Tamil Nadu | ₹0.3 Cr | – | 2 | View details |
Board of directors of Rishvaware Technologies Private Limited (Rishvaware)
Rishvaware Technologies Private Limited is the primary company behind Rishvaware. The board of Rishvaware Technologies Private Limited currently have 2 directors; the longest-serving is Murugesan Kalaivani, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murugesan Kalaivani DIN 08143104 | Director | 25 May 2018 | 8 yrs 4 mo | Rishvaware Technologies Private Limited |
| Murugesan DIN 08143105 | Director | 25 May 2018 | 8 yrs 4 mo | Rishvaware Technologies Private Limited |
Financials of Rishvaware
Figures of Rishvaware Technologies Private Limited, the primary company behind Rishvaware, for FY 2024. Revenue was ₹25.3 Lakh (-13% year on year). Net profit was ₹12,265 (0% margin). EBITDA was ₹56,178 (2% margin). Revenue has grown at a compounded annual rate of -3% over three years and +16% over five years.
- ₹25.3 LakhRevenue · FY 2024 · -13% YoY
- ₹12,265Net profit · 0% margin
- ₹56,178EBITDA · 2% margin
- ₹1 LakhPaid-up capital
- -3%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rishvaware Technologies Private Limited are on its company page.
Detailed financial statements for Rishvaware
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Rishvaware
Rishvaware has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of Rishvaware
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Programming & Software Development Tools
10 companies that operate in the same segment as Rishvaware (Programming & Software Development Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | – | 2,877 | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
Crowdsourced testing platforms are offered for software quality assurance. | 1966 | Framingham, Massachusetts, United States | USD 115.9 M | – | – | |
A platform for the AI community to collaborate and build. | 2016 | Paris, Ile de France, France | USD 399.91 M | – | 1,142 | |
Cloud-based whiteboarding software is provided for team collaboration and communication. | 2011 | San Francisco, California, United States | USD 501.3 M | – | – | |
Security testing software is provided for code vulnerability detection. | 2006 | Atlanta, Georgia, United States | USD 98.5 M | USD 3.35 M | 38 | |
Honeycomb is recognized for providing observability solutions for distributed services. | 2016 | San Francisco, California, United States | USD 144.9 M | – | – | |
Cloud based suite of software testing solutions | 2011 | Mumbai, Maharashtra, India | USD 253.3 M | USD 75.19 M | 1,416 | |
Cloud-based cross-browser testing services are provided for web applications. | 2017 | San Francisco, California, United States | USD 108.4 M | USD 693.97 K | 48 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Rishvaware
Rishvaware was founded in 2018.
Rishvaware is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Rishvaware, Rishvaware Technologies Private Limited, reported revenue of ₹25.3 Lakh for FY 2024, down 13% year on year.
Rishvaware operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, creating custom software solutions, and custom applications. Provides custom application development and software solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Rishvaware's top competitors include Hedgehog lab, AlmavivA and AKQA.
Rishvaware operates through Rishvaware Technologies Private Limited.
The legal entities of Rishvaware currently have 2 directors, including Murugesan Kalaivani, Murugesan.