Sowedane ITSolutions

Hyderabad, India Founded: 2007 • Age: 19 yrs
Provides tech services like blockchain and app development for businesses.

About Sowedane ITSolutions

Sowedane ITSolutions is a Technology company based in Hyderabad (India) founded in 2007 by Mohammed Shaik. It provides tech services like blockchain and app development for businesses. It operates on a B2B and SaaS model. Its chief executive, as recorded, is Mohammed Shaik. Its Indian entity Sowedane It Solutions Private Limited reported revenue of β‚Ή1.25 Cr. Sowedane ITSolutions offers products and services including E-Wallet, Digital Currency Wallet, Multi-Wallet Management System, NFT Marketplace, and Asset Marketplace. Its focus areas include Blockchain, Distributed Ledgers, Smart Contracts and FinTech.

Company details

Sowedane specializes in technology solutions, including blockchain for distributed ledgers, virtual reality applications, and security intelligence. The company delivers services such as mobile app development and bespoke websites, targeting startups and industries like banking and finance. It operates through partnerships, offering innovative tools like e-wallets and digital currency management. While specific locations are not detailed, it focuses on global tech commerce and infrastructure support to enhance user experiences and business growth.

Key Metrics
  • Annual Revenue
    ₹1.25 Cr

    FY 2025 · +14% YoY

  • Net Profit
    ₹1.7 Lakh

    FY 2025 · 1% margin

  • EBITDA
    ₹3.5 Lakh

    FY 2025 · 3% margin

Products & Services of Sowedane ITSolutions

Sowedane ITSolutions offers a comprehensive portfolio of products and services, including E-Wallet, Digital Currency Wallet, Multi-Wallet Management System, NFT Marketplace, and Asset Marketplace.

E-Wallet
Financial Tool

Blockchain-based solution for secure digital currency storage and transactions.

Digital Currency Wallet
Cryptocurrency Management

Platform for handling digital wallets and currency exchanges efficiently.

Multi-Wallet Management System
Financial Platform

System providing control over subsidiaries for flexible currency management.

NFT Marketplace
Blockchain Platform

Ethereum-based marketplace for trading non-fungible tokens securely.

Asset Marketplace
Blockchain Service

Platform that tokenizes real economy assets for secure transactions.

Board of directors of Sowedane It Solutions Private Limited (Sowedane ITSolutions)

Sowedane It Solutions Private Limited is the primary company behind Sowedane ITSolutions. The board of Sowedane It Solutions Private Limited currently have 2 directors; the longest-serving is Hussain Mukhtar Mohammed Shaik, appointed in 2009. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hussain Mukhtar Mohammed Shaik
DIN 02781793
Director03 Aug 200917 yrs 2 moSowedane It Solutions Private Limited
Jasaratunnisa Begum
DIN 07946704
Director22 Sep 20179 yrs 1 moSowedane It Solutions Private Limited

People of Sowedane ITSolutions

1 people are tracked at Sowedane ITSolutions (1 in leadership).

NameRoleGroup
Founder, CEOLeadership
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Financials of Sowedane ITSolutions

Figures of Sowedane It Solutions Private Limited, the primary company behind Sowedane ITSolutions, for FY 2025. Revenue was ₹1.25 Cr (+14% year on year). Net profit was ₹1.7 Lakh (1% margin). EBITDA was ₹3.5 Lakh (3% margin). Revenue has grown at a compounded annual rate of +32% over three years and +22% over five years.

  • ₹1.25 CrRevenue · FY 2025 · +14% YoY
  • ₹1.7 LakhNet profit · 1% margin
  • ₹3.5 LakhEBITDA · 3% margin
  • ₹5.5 LakhPaid-up capital
  • 17Employees (provident fund records)
  • +32%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

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

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Frequently Asked Questions about Sowedane ITSolutions

Sowedane ITSolutions was founded in 2007.

Sowedane ITSolutions is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Mohammed Shaik is the CEO of Sowedane ITSolutions, as recorded in our data. They have also founded this company.

The primary company behind Sowedane ITSolutions, Sowedane It Solutions Private Limited, reported revenue of β‚Ή1.25 Cr for FY 2025, up 14% year on year.

Sowedane specializes in technology solutions, including blockchain for distributed ledgers, virtual reality applications, and security intelligence. The company delivers services such as mobile app development and bespoke websites, targeting startups and industries like banking and finance. It operates through partnerships, offering innovative tools like e-wallets and digital currency management. While specific locations are not detailed, it focuses on global tech commerce and infrastructure support to enhance user experiences and business growth.

Sowedane ITSolutions offers E-Wallet, Digital Currency Wallet, Multi-Wallet Management System, NFT Marketplace, and Asset Marketplace.

Sowedane ITSolutions operates through Sowedane It Solutions Private Limited.

The legal entities of Sowedane ITSolutions currently have 2 directors, including Hussain Mukhtar Mohammed Shaik, Jasaratunnisa Begum.

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