About SoftVision
SoftVision is a Technology company based in Atlanta (United States) founded in 1994, and was acquired by Cognizant in October 2018. It specializes in software and mobile application development. The company has 7 employees. SoftVision has completed 3 acquisitions, including Arrow Digital, Momentus Software and SPI. Its Indian entity Softvision Software Paradigms Private Limited reported revenue of ₹28.92 Cr. Its focus areas include Business Services, IT Services, Application Development and Software Development. Its competitors include Gigster, RedShelf and 3Pillar Global; 3 of its 3 listed competitors have raised funding.
Company details
Softvision Consulting was founded in 1994 and is headquartered in Atlanta, United States. Operations focus on the software development sector, with services encompassing design and UX, IoT integration, full-stack development, SaaS and enterprise products, big data analytics, QA automation, machine learning, and data science. Mobile applications for Android and iOS users are produced, including the U Sketch app. Clients served include Microsoft, Macys, Groupon, and Credit Suisse.
- Headquarters Atlanta, United States
- Employees 7
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website softvision.com
- Social LinkedIn X Facebook
- Acquired by Cognizant (Oct 2018)
- Legal Name Softvision Software Paradigms Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹28.92 Cr
FY 2020 · +93% YoY
- Indian entity net profit₹3.12 Cr
FY 2020 · 11% margin
- Indian entity EBITDA₹4.82 Cr
FY 2020 · 17% margin
- InvestorsCognizant
& 1 more
- Employee Count7
- Investments & AcquisitionsArrow Digital
& 2 more
- Acquired by
Associated legal entities of SoftVision
SoftVision operates through Softvision Software Paradigms Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Softvision Software Paradigms Private Limited CIN U72200TN2017FTC136285 | Amalgamated | 25 May 2017 | Chennai, Tamil Nadu | ₹28.9 Cr | 7 | 5 | View details |
Investors in SoftVision
SoftVision has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Cognizant and SPI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of software development, cloud & data management, and IT consulting services | 1994 | cognizant.com | United States | |
End-to-end retail solutions, including analytics and inventory management, are provided. | 1994 | spi.com | Atlanta, United States |
Investor details for SoftVision
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Board of directors of Softvision Software Paradigms Private Limited (SoftVision)
Softvision Software Paradigms Private Limited is the primary company behind SoftVision. The board of Softvision Software Paradigms Private Limited currently have 5 directors; the longest-serving is Girish Karunakaran Kaithakattu, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Girish Karunakaran Kaithakattu DIN 07729122 | Director | 25 May 2017 | 9 yrs 5 mo | Softvision Software Paradigms Private Limited |
| Thomas Walter Delbrook DIN 06533880 | Director | 25 May 2017 | 9 yrs 5 mo | Softvision Software Paradigms Private Limited |
| Chandrakanth Shah Ankit Kumar DIN 07965335 | Director | 01 Jan 2018 | 8 yrs 10 mo | Softvision Software Paradigms Private Limited |
| Thirumalai Narayanan DIN 08175039 | Director | 22 Nov 2018 | 7 yrs 11 mo | Softvision Software Paradigms Private Limited |
| Ramaseshan Kothandaraman DIN 03025474 | Director | 13 Mar 2020 | 6 yrs 8 mo | Softvision Software Paradigms Private Limited |
Financials of SoftVision
Figures of Softvision Software Paradigms Private Limited, the primary company behind SoftVision, for FY 2020. Revenue was ₹28.92 Cr (+93% year on year). Net profit was ₹3.12 Cr (11% margin). EBITDA was ₹4.82 Cr (17% margin).
- ₹28.92 CrRevenue · FY 2020 · +93% YoY
- ₹3.12 CrNet profit · 11% margin
- ₹4.82 CrEBITDA · 17% margin
- ₹10,000Paid-up capital
- 7Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Softvision Software Paradigms Private Limited are on its company page.
Detailed financial statements for SoftVision
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Investments & Acquisitions by SoftVision
SoftVision has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Arrow Digital, Momentus Software and SPI.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Custom software development service provider | arrowdigital.com | Dallas, United States | 2005 | Jul 2018 | •••• | |
Application development and product design services are offered. | momentussoftware.com | Vancouver, Canada | 2012 | May 2017 | •••• | |
End-to-end retail solutions, including analytics and inventory management, are provided. | spi.com | Atlanta, United States | 1994 | Jun 2016 | •••• |
Complete acquisition details for SoftVision
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Timeline of SoftVision
6 dated milestones of SoftVision across 24 years, from founding to its latest funding, stage changes and deals.
- Founded SoftVision is founded.
- Exit Acquired by Softvision.
- Acquisition Acquires SPI.
- Acquisition Acquires Momentus Software.
- Acquisition Acquires Arrow Digital.
- Exit Acquired by Cognizant.
Competitors of SoftVision
SoftVision has 3 listed competitors in our database, 3 of them funded. They include Gigster, RedShelf and 3Pillar Global.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| 3pillarglobal.com | 2006 | Fairfax, United States | $22.52M | 67 | Adaptive software products are developed for business applications. |
Detailed competitors of SoftVision
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Web traffic of SoftVision
Websites that share an audience with SoftVision (softvision.com).
Websites whose visitors overlap most with SoftVision. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vls-systems.com | vls-systems.com | 100% | #5,653,217 | – | |
| softlogicsys.in | 100% | #1,393,334 | View details |
Top companies in IT Services & Operations
3 companies that operate in the same segment as SoftVision (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Softvision
Complete news archive for SoftVision
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Frequently Asked Questions about SoftVision
SoftVision was founded in 1994.
SoftVision is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
SoftVision has 7 employees.
The primary company behind SoftVision, Softvision Software Paradigms Private Limited, reported revenue of ₹28.92 Cr for FY 2020, up 93% year on year.
Softvision Consulting was founded in 1994 and is headquartered in Atlanta, United States. Operations focus on the software development sector, with services encompassing design and UX, IoT integration, full-stack development, SaaS and enterprise products, big data analytics, QA automation, machine learning, and data science. Mobile applications for Android and iOS users are produced, including the U Sketch app. Clients served include Microsoft, Macys, Groupon, and Credit Suisse.
SoftVision's top competitors include RedShelf, 3Pillar Global and Gigster.
SoftVision has made 3 acquisitions, including Arrow Digital, Momentus Software, and SPI.
SoftVision operates through Softvision Software Paradigms Private Limited.
Yes. SoftVision was acquired by Cognizant in October 2018.
The legal entities of SoftVision currently have 5 directors, including Girish Karunakaran Kaithakattu, Thirumalai Narayanan, Ramaseshan Kothandaraman and others.