About Spaan
Spaan is a Technology company based in Bengaluru (India) founded in 2015. It provides IT solutions, mobility, analytics, and AI services to digital startups. It operates on a B2B model. Its Indian entity Spaan It Solutions Private Limited reported revenue of ₹1.19 Cr. Spaan offers products and services including Web Portal Development, Mobility Solutions, Analytics Services, CAD Modelling, and Salesforce Support. Its focus areas include Information Technology, Software Services, Development and Web and Mobile. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Spaan It Solutions is a team that offers creative IT consulting and development services to digital startups and companies. They specialize in technologies like Cloud, SaaS, AWS, Azure, Mobile, Machine Learning, and Artificial Intelligence. The company augments technology leadership and provides solutions for mobility and customer satisfaction. Based in Bengaluru and Mumbai, India, they work with clients across various sectors to deliver innovative, cost-effective IT solutions on time.
- Headquarters Bengaluru, India
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website spaan.in
- Social Facebook
- Legal Name Spaan It Solutions Private Limited
- Date of Incorporation 29 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.19 Cr
FY 2024 · +30% YoY
- Net Profit₹17.3 Lakh
FY 2024 · 15% margin
- EBITDA₹18.4 Lakh
FY 2024 · 15% margin
Associated legal entities of Spaan
Spaan operates through Spaan It Solutions 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 |
|---|---|---|---|---|---|---|---|
| Spaan It Solutions Private Limited CIN U72900KA2015PTC084966 | Active | 29 Dec 2015 | Bangalore, Karnataka | ₹1.2 Cr | 7 | View details |
Products & Services of Spaan
Spaan offers a comprehensive portfolio of products and services, including Web Portal Development, Mobility Solutions, Analytics Services, CAD Modelling, and Salesforce Support.
Development of web portals and applications for businesses.
Solutions for mobile platforms and user engagement.
Services in analytics, machine learning, and AI applications.
Modelling and analysis for engineering and design needs.
Maintenance and support for Salesforce platforms.
Board of directors of Spaan It Solutions Private Limited (Spaan)
Spaan It Solutions Private Limited is the primary company behind Spaan. The board of Spaan It Solutions Private Limited currently have 7 directors; the longest-serving is Anand Chakrapani, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Chakrapani DIN 00969073 | Director | 29 Dec 2015 | 10 yrs 9 mo | Spaan It Solutions Private Limited |
| Prasanna Kutty Shetty DIN 00205125 | Director | 29 Dec 2015 | 10 yrs 9 mo | Spaan It Solutions Private Limited |
| Sharadkumar Bholanath Dixit DIN 01267731 | Director | 29 Dec 2015 | 10 yrs 9 mo | Spaan It Solutions Private Limited |
| Amish Gambhir DIN 07382274 | Director | 15 Jan 2016 | 10 yrs 9 mo | Spaan It Solutions Private Limited |
| Nikhil Dineshchandra Desai DIN 07409029 | Director | 15 Jan 2016 | 10 yrs 9 mo | Spaan It Solutions Private Limited |
| Mahesh Dinkardayal Labhe DIN 07636906 | Director | 23 Aug 2016 | 10 yrs 2 mo | Spaan It Solutions Private Limited |
| Dnyanesh Kamalakar Kulkarni DIN 00442332 | Director | 23 Aug 2016 | 10 yrs 2 mo | Spaan It Solutions Private Limited |
Financials of Spaan
Figures of Spaan It Solutions Private Limited, the primary company behind Spaan, for FY 2024. Revenue was ₹1.19 Cr (+30% year on year). Net profit was ₹17.3 Lakh (15% margin). EBITDA was ₹18.4 Lakh (15% margin). Revenue has grown at a compounded annual rate of +56% over three years and +12% over five years.
- ₹1.19 CrRevenue · FY 2024 · +30% YoY
- ₹17.3 LakhNet profit · 15% margin
- ₹18.4 LakhEBITDA · 15% margin
- ₹3.5 LakhPaid-up capital
- +56%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spaan It Solutions Private Limited are on its company page.
Detailed financial statements for Spaan
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 Spaan
Spaan has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Spaan
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Spaan
Spaan was founded in 2015.
Spaan is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Spaan, Spaan It Solutions Private Limited, reported revenue of ₹1.19 Cr for FY 2024, up 30% year on year.
Spaan It Solutions is a team that offers creative IT consulting and development services to digital startups and companies. They specialize in technologies like Cloud, SaaS, AWS, Azure, Mobile, Machine Learning, and Artificial Intelligence. The company augments technology leadership and provides solutions for mobility and customer satisfaction. Based in Bengaluru and Mumbai, India, they work with clients across various sectors to deliver innovative, cost-effective IT solutions on time.
Spaan's top competitors include Happiest Minds and Datamatics.
Spaan offers Web Portal Development, Mobility Solutions, Analytics Services, CAD Modelling, and Salesforce Support.
Spaan operates through Spaan It Solutions Private Limited.
The legal entities of Spaan currently have 7 directors, including Mahesh Dinkardayal Labhe, Dnyanesh Kamalakar Kulkarni, Anand Chakrapani and others.