Sorice Solutions

Kochi, India Founded: 2011 • Age: 15 yrs
Offers IT consulting, software development, and staffing services worldwide.

About Sorice Solutions

Sorice Solutions is a Financial Services company based in Kochi (India) founded in 2011. It offers IT consulting, software development, and staffing services worldwide. It operates on a B2B model. Its website soricesolutions.com draws about 681 thousand monthly visits. Its Indian entity Sorice Solutions Private Limited reported revenue of β‚Ή10.32 Cr. Sorice Solutions offers products and services including Application Development, Cloud Transformation, Quality Assurance, and Cyber Defense. Its focus areas include IT Services, Software Development, Application Development and Cloud Transformation. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Sorice Solutions, co-founded by experienced IT professionals, delivers application development, cloud transformation, quality assurance, and consulting services. They use a global onshore-offshore model to support businesses in healthcare, finance, manufacturing, utilities, and retail. Based primarily in India, with offices in Kochi and Chennai, they focus on cost-effective solutions and reliable IT support for international clients.

  • Headquarters Kochi, India
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website soricesolutions.com
  • Social LinkedIn Facebook
  • Legal Name Sorice Solutions Private Limited
  • Date of Incorporation 11 Jan, 2019
  • Jurisdiction Palarivattom, Kerala, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹10.32 Cr

    FY 2024 · +34% YoY

  • Net Profit
    ₹7.7 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹44.9 Lakh

    FY 2024 · 4% margin

Products & Services of Sorice Solutions

Sorice Solutions offers a comprehensive portfolio of products and services, including Application Development, Cloud Transformation, Quality Assurance, and Cyber Defense.

Application Development
Software Services

Enables faster application development for organizations

Cloud Transformation
IT Infrastructure

Facilitates migration and optimization of IT systems to cloud

Quality Assurance
Testing Services

Ensures software reliability and performance standards

Cyber Defense
Security Services

Provides protection against advancing technological threats

Board of directors of Sorice Solutions Private Limited (Sorice Solutions)

Sorice Solutions Private Limited is the primary company behind Sorice Solutions. The board of Sorice Solutions Private Limited currently have 3 directors; the longest-serving is Jothish Kumar Narayanan, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jothish Kumar Narayanan
DIN 06885505
Director11 Jan 20197 yrs 9 moSorice Solutions Private Limited
Rajagopal M Kartha
DIN 08329488
Director11 Jan 20197 yrs 9 moSorice Solutions Private Limited
Vinod Krishnan
DIN 10771394
Director10 Sep 20242 yrs 1 moSorice Solutions Private Limited

Financials of Sorice Solutions

Figures of Sorice Solutions Private Limited, the primary company behind Sorice Solutions, for FY 2024. Revenue was ₹10.32 Cr (+34% year on year). Net profit was ₹7.7 Lakh (1% margin). EBITDA was ₹44.9 Lakh (4% margin). Revenue has grown at a compounded annual rate of +43% over three years.

  • ₹10.32 CrRevenue · FY 2024 · +34% YoY
  • ₹7.7 LakhNet profit · 1% margin
  • ₹44.9 LakhEBITDA · 4% margin
  • ₹1 LakhPaid-up capital
  • 76Employees (provident fund records)
  • +43%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Sorice Solutions Private Limited are on its company page.

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Detailed financial statements for Sorice Solutions

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Competitors of Sorice Solutions

Sorice Solutions has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Sorice Solutions

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Web traffic of Sorice Solutions

The website of Sorice Solutions (soricesolutions.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Sorice Solutions

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Cloud Banking

3 companies that operate in the same segment as Sorice Solutions (Cloud Banking) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Offers IT consulting, software development, cloud services, and security solutions.
2001Gurugram, Haryana, IndiaUSD 25.43 M786
Offers app-based correspondent banking services for users.
2015Mumbai, Maharashtra, IndiaUSD 1.72 M44
Offers digital transformation, cloud development, QA automation, and consulting services.
2008Hyderabad, Telangana, IndiaUSD 8.14 M324
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Frequently Asked Questions about Sorice Solutions

Sorice Solutions was founded in 2011.

Sorice Solutions is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.

The primary company behind Sorice Solutions, Sorice Solutions Private Limited, reported revenue of β‚Ή10.32 Cr for FY 2024, up 34% year on year.

Sorice Solutions, co-founded by experienced IT professionals, delivers application development, cloud transformation, quality assurance, and consulting services. They use a global onshore-offshore model to support businesses in healthcare, finance, manufacturing, utilities, and retail. Based primarily in India, with offices in Kochi and Chennai, they focus on cost-effective solutions and reliable IT support for international clients.

Sorice Solutions's top competitors include Happiest Minds and Datamatics.

Sorice Solutions offers Application Development, Cloud Transformation, Quality Assurance, and Cyber Defense.

Sorice Solutions operates through Sorice Solutions Private Limited.

The legal entities of Sorice Solutions currently have 3 directors, including Jothish Kumar Narayanan, Rajagopal M Kartha, Vinod Krishnan.

The website of Sorice Solutions receives about 681 thousand visits a month.

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