About Solution IT
Solution IT is a Business Services company based in Wilmington (United States) founded in 2007. It provides comprehensive IT recruitment services to support business hiring needs. It operates on a B2B model. Its Indian entity Solution It Private Limited reported revenue of ₹4.77 Cr. Its focus areas include Services, Human Resources, Recruitment and IT Staffing. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
Solution IT operates with a B2B model, focusing on providing essential services, managing HR solutions, recruitment, and it staffing. Provides comprehensive IT recruitment services to support business hiring needs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Wilmington, United States
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website solutionit.com
- Social X Facebook
- Legal Name Solution It Private Limited
- Date of Incorporation 12 Jun, 2008
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Indian entity revenue₹4.77 Cr
FY 2024 · +2% YoY
- Indian entity net profit₹50.1 Lakh
FY 2024 · 10% margin
- Indian entity EBITDA₹73.4 Lakh
FY 2024 · 15% margin
Associated legal entities of Solution IT
Solution IT operates through Solution It 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 |
|---|---|---|---|---|---|---|---|
| Solution It Private Limited CIN U72900AP2008PTC105660 | Active | 12 Jun 2008 | Visakhapatnam, Andhra Pradesh | ₹4.8 Cr | 2 | View details |
Board of directors of Solution It Private Limited (Solution IT)
Solution It Private Limited is the primary company behind Solution IT. The board of Solution It Private Limited currently have 2 directors; the longest-serving is Pappala Umeshwar Rao, appointed in 2011. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pappala Umeshwar Rao DIN 01621076 | Director | 13 Dec 2011 | 14 yrs 10 mo | Solution It Private Limited |
| Jogesh Tumbali DIN 08472007 | Director | 05 Jun 2019 | 7 yrs 4 mo | Solution It Private Limited |
People of Solution IT
19 people are tracked at Solution IT (3 in leadership, 16 in team).
| Name | Role | Group |
|---|---|---|
Jacob Dunaway | CEO | Leadership |
Veerendra Pichika | Head Of Talent Acquisition | Leadership |
Atish Rastogi | Executive Vice President/owner | Leadership |
Vanapalli Prasad | Admin | Team |
Sarika Jain | Senior Resource Manager | Team |
Santosh Kumar | Sr. Executive US It- Sales | Team |
Vamsi V | Technical Recruiter | Team |
Prabeen Rout | US IT Bench Sales Recruiter | Team |
Murthy Allena | Talent Acquisition Specialist | Team |
Omkar Periyala | Talent Acquisition Manager | Team |
Syed Nasruddin (Sam) | Business Development Manager | Team |
𝐀𝐊𝐀𝐒𝐇 𝐕𝐀𝐑𝐌𝐀 𝐌𝐔𝐃𝐔𝐍𝐔𝐑𝐔 | Senior Talent Acquisition Specialist | Team |
Jayasri Periyala | Senior Talent Acquisition Specialist | Team |
Venkat Jagadeesh B. | Assistant Manager - Fulltime Team | Team |
Pradeep Varma | Sr. Recruiter. | Team |
Abhijit Tangella | Talent Acquisition Specialist | Team |
Venkatesh B S S | Sr. Immigration Specialist | Team |
Tommy Kelley | Senior Account Manager | Team |
Anil Kumar | Human Resources Administrator | Team |
Complete people profiles for Solution IT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Solution IT
Figures of Solution It Private Limited, the primary company behind Solution IT, for FY 2024. Revenue was ₹4.77 Cr (+2% year on year). Net profit was ₹50.1 Lakh (10% margin). EBITDA was ₹73.4 Lakh (15% margin). Revenue has grown at a compounded annual rate of +19% over three years and +12% over five years.
- ₹4.77 CrRevenue · FY 2024 · +2% YoY
- ₹50.1 LakhNet profit · 10% margin
- ₹73.4 LakhEBITDA · 15% margin
- ₹25 LakhPaid-up capital
- +19%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solution It Private Limited are on its company page.
Detailed financial statements for Solution IT
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 Solution IT
Solution IT has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of Solution IT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Solution IT
Websites that share an audience with Solution IT (solutionit.com).
Websites whose visitors overlap most with Solution IT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| comtel-solutions.com | 100% | View details |
Top companies in Human Resource & Staffing Services
3 companies that operate in the same segment as Solution IT (Human Resource & Staffing Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | |||
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | USD 13.95 B | 70,000 |
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Frequently Asked Questions about Solution IT
Solution IT was founded in 2007.
Solution IT is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
The primary company behind Solution IT, Solution It Private Limited, reported revenue of ₹4.77 Cr for FY 2024, up 2% year on year.
Solution IT operates with a B2B model, focusing on providing essential services, managing HR solutions, recruitment, and it staffing. Provides comprehensive IT recruitment services to support business hiring needs. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Solution IT operates through Solution It Private Limited.
The legal entities of Solution IT currently have 2 directors, including Jogesh Tumbali, Pappala Umeshwar Rao.