About Soltech Solutions
Soltech Solutions is a company based in Pune (India) founded in 2019. It operates as a SaaS and B2B. Soltech Solutions offers products and services including Stellar Payroll, Employee Management, and Analytics & Dashboard. Soltech Solutions operates in a competitive market with competitors including Azets, XTM, Norian, Resourcing Edge and Wage, among others.
- Headquarter Pune, India
- SectorsBusiness ServicesFinancial Services
- Email••••••••
- Website soltechsolutionsindia.com
- Social LinkedIn
- Legal Name Soltech Solutions Private Limited
- Date of Incorporation 06 Nov, 2019
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹44,800
FY 2023 · -82% YoY
- Net Loss-₹1.4 Lakh
FY 2023 · -303% margin
- EBITDA-₹68,340
FY 2023 · -153% margin
Associated legal entities of Soltech Solutions
Soltech Solutions operates through Soltech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Soltech Solutions Private Limited CIN U72900PN2019PTC187642 | Active | 06 Nov 2019 | Pune, Maharashtra | ₹0.0 Cr | – | 2 | View details |
Products & Services of Soltech Solutions
Soltech Solutions offers a comprehensive portfolio of products and services, including Stellar Payroll, Employee Management, and Analytics & Dashboard.
Automates payroll processes and ensures compliance for corporations.
Manages employee attendance and leave for efficient operations.
Provides insights into payroll and HR data for business decisions.
Board of directors of Soltech Solutions Private Limited (Soltech Solutions)
Soltech Solutions Private Limited is the primary company behind Soltech Solutions. The board of Soltech Solutions Private Limited currently have 2 directors; the longest-serving is Swarup Sagar Satpute, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swarup Sagar Satpute DIN 08604498 | Director | 06 Nov 2019 | 6 yrs 11 mo | Soltech Solutions Private Limited |
| Rajeev Sagar Satpute DIN 08604499 | Director | 06 Nov 2019 | 6 yrs 11 mo | Soltech Solutions Private Limited |
Financials of Soltech Solutions
Figures of Soltech Solutions Private Limited, the primary company behind Soltech Solutions, for FY 2023. Revenue was ₹44,800 (-82% year on year). Net loss was -₹1.4 Lakh (-303% margin). EBITDA was -₹68,340 (-153% margin).
- ₹44,800Revenue · FY 2023 · -82% YoY
- -₹1.4 LakhNet loss · -303% margin
- -₹68,340EBITDA · -153% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Soltech Solutions Private Limited are on its company page.
Detailed financial statements for Soltech Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Soltech Solutions
Soltech Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Azets, XTM, Norian, Resourcing Edge and Wage, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| azets.com | 2016 | London, United Kingdom | – | 14 | Online accounting, tax, and audit management services for small businesses | |
| xtminc.com | 2006 | Toronto, Canada | – | – | On-demand payment solutions are provided for service industry businesses. | |
| norian.eu | 1990 | Oslo, Norway | $19.8M | 45 | RPA consulting, implementation, and delivery services are offered by Norian. | |
| resourcingedge.com | 2003 | Rockwall, United States | $3.65M | 3,745 | Human capital management solutions are delivered to enterprises. | |
| wage.com | 2018 | Palo Alto, United States | $5M | – | Payroll management services are provided to businesses. | |
| perquest.com | 2000 | Dublin, United States | $13.36M | 55 | Functions as an online firm providing payroll and HR services. | |
| issvc.com | 2001 | Wichita, United States | – | 704 | Accounting, payroll, and reporting services for restaurants are provided. | |
| propay.com.br | 1999 | Sao Paulo, Brazil | – | – | Human resources and payroll solutions are provided for businesses. |
Detailed competitors of Soltech Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Similar companies to Soltech Solutions
10 companies that operate in the same segment as Soltech Solutions (Flexible Pay & HR Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides HRM and payroll solutions for business management. | 2017 | Hyderabad, Telangana, India | – | USD 3.1 M | 203 | |
Offers custom software, mobile apps, and SEO services to global businesses. | 2003 | Delhi, Delhi, India | – | USD 264.24 K | 48 | |
Provides payroll, HR, and accounting outsourcing for efficient business management. | 2000 | Pune, Maharashtra, India | – | – | – | |
Offers IT solutions, HR outsourcing, finance automation, and global business services. | 2004 | Mumbai, Maharashtra, India | – | USD 16.46 M | 2,858 | |
Provides payroll, HR, compliance, and manpower outsourcing services to businesses. | 1992 | Noida, Uttar Pradesh, India | – | USD 5.18 M | 116 | |
Provides comprehensive accounting, payroll compliance, and HR services to businesses. | 2001 | Kolkata, West Bengal, India | – | USD 1.48 M | 145 | |
Offers HR consulting, global payroll, and managed services for businesses globally. | 2010 | Mumbai, Maharashtra, India | – | USD 537.59 K | 188 | |
Offers payroll processing, HR compliance, and outsourcing solutions for companies. | 1989 | Delhi, Delhi, India | – | USD 5.11 M | 354 | |
Payroll management solutions are provided for businesses and accountants. | 2022 | Nimes, Occitanie, France | USD 5.99 M | – | – | |
Offers HRMS and payroll management solutions for businesses. | 1996 | Hyderabad, Telangana, India | – | – | – |
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Frequently Asked Questions about Soltech Solutions
Soltech Solutions was founded in 2019.
Soltech Solutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Soltech Solutions, Soltech Solutions Private Limited, reported revenue of ₹44,800 for FY 2023, down 82% year on year.
Soltech Solutions is a cloud-based SaaS company specializing in payroll management, providing tools for automation of payroll processes, employee attendance, and regulatory compliance. It employs HR professionals and experts to ensure taxation and legal adherence for corporations. Based in Pune, India, the company serves businesses by streamlining operations through products like Stellar Payroll, focusing on efficiency and policy updates.
Soltech Solutions offers Stellar Payroll, Employee Management, and Analytics & Dashboard.
Soltech Solutions operates through Soltech Solutions Private Limited.
The legal entities of Soltech Solutions currently have 2 directors, including Swarup Sagar Satpute, Rajeev Sagar Satpute.