About Squirrel Softech Services
Squirrel Softech Services is a Technology company based in Ahmedabad (India) founded in 2008. It provides SAP implementation, data analytics, and resource augmentation for IT companies. It operates on a B2B and SaaS model. The company has 53 employees. Its Indian entity Squirrel Softech Services Private Limited reported revenue of ₹12.14 Cr. Squirrel Softech Services offers products and services including Squirrel AI BankRECO, Squirrel AI MSMECheck, Squirrel AI VendoBAL, SAP Analytics, and Data Analytics and Visualization. Its focus areas include FinTech, Investment Tech, Financial Databases and Private Company Data. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Squirrel Softech Services Pvt. Ltd. specializes in IT services such as SAP analytics, upgrades, and managed support for enterprises. They offer resource augmentation and training, focusing on data visualization and performance optimization. Based in Ahmedabad, India, with branches in Netherlands and New Delhi, the company develops AI products like BankRECO for banking reconciliation. Their activities include change management and innovative solutions for industries, serving clients through B2B contracts.
- Headquarters Ahmedabad, India
- Employees 53
- SectorsTechnology
- Email••••••••
- Website squirrelsoftech.com
- Social LinkedIn X Facebook
- Legal Name Squirrel Softech Services Private Limited
- Date of Incorporation 04 Jul, 2011
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹12.14 Cr
FY 2024 · +38% YoY
- Net Profit₹22.6 Lakh
FY 2024 · 2% margin
- EBITDA₹44 Lakh
FY 2024 · 4% margin
- Employee Count53
Associated legal entities of Squirrel Softech Services
Squirrel Softech Services is associated with 2 registered companies on The Company Check; the primary company is Squirrel Softech Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Squirrel Softech Services Private Limited CIN U72200GJ2011PTC066184 | Active | 04 Jul 2011 | Ahmedabad, Gujarat | ₹12.1 Cr | 53 | 3 | View details |
| Proposal Technologies Llp CIN AAL-4385 | Active | 18 Dec 2017 | Ahmedabad, Gujarat | 3 | View details |
Products & Services of Squirrel Softech Services
Squirrel Softech Services offers a comprehensive portfolio of products and services, including Squirrel AI BankRECO, Squirrel AI MSMECheck, Squirrel AI VendoBAL, SAP Analytics, and Data Analytics and Visualization.
Tool for banking reconciliation and data management in enterprises.
Platform for MSME verification and financial analysis services.
Software for vendor balancing and optimization in business operations.
Service for data visualization and performance optimization in IT.
Solutions for enterprise data handling and insight generation.
Board of directors of Squirrel Softech Services Private Limited (Squirrel Softech Services)
Squirrel Softech Services Private Limited is the primary company behind Squirrel Softech Services. The boards of the 2 registered companies of Squirrel Softech Services currently have 4 directors; the longest-serving is Neeta Mohanlal Nagpal, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neeta Mohanlal Nagpal DIN 02815085 | Director | 15 Mar 2013 | 13 yrs 7 mo | Squirrel Softech Services Private Limited |
| Arun Mohan Nagpal DIN 02815199 | Designated Partner | 18 Dec 2017 | 8 yrs 10 mo | Proposal Technologies Llp, Squirrel Softech Services Private Limited |
| Mohan Sakhawatrai Nagpal DIN 02815477 | Designated Partner | 18 Dec 2017 | 8 yrs 10 mo | Proposal Technologies Llp, Squirrel Softech Services Private Limited |
| Hirenkumar Mansukhlal Bhimani DIN 01503111 | Designated Partner | 18 Dec 2017 | 8 yrs 10 mo | Proposal Technologies Llp |
People of Squirrel Softech Services
4 people are tracked at Squirrel Softech Services (2 in leadership, 2 in team); the tracked headcount is 53.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
Nisha Katkoria | Head Of Operations And Staff Augmentation | Leadership |
Darshan Chauhan | Data Analytics Trainee | Team |
Pravin Joshi | Competency Lead-finance | Team |
Complete people profiles for Squirrel Softech Services
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Verified entity values are shown only after access is granted.
Financials of Squirrel Softech Services
Figures of Squirrel Softech Services Private Limited, the primary company behind Squirrel Softech Services, for FY 2024. Revenue was ₹12.14 Cr (+38% year on year). Net profit was ₹22.6 Lakh (2% margin). EBITDA was ₹44 Lakh (4% margin). Revenue has grown at a compounded annual rate of +24% over three years and +12% over five years.
- ₹12.14 CrRevenue · FY 2024 · +38% YoY
- ₹22.6 LakhNet profit · 2% margin
- ₹44 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- 53Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Squirrel Softech Services Private Limited are on its company page.
Detailed financial statements for Squirrel Softech Services
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 Squirrel Softech Services
Squirrel Softech Services 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 Squirrel Softech Services
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Squirrel Softech Services (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about Squirrel Softech Services
Squirrel Softech Services was founded in 2008.
Squirrel Softech Services is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Squirrel Softech Services has 53 employees.
The primary company behind Squirrel Softech Services, Squirrel Softech Services Private Limited, reported revenue of ₹12.14 Cr for FY 2024, up 38% year on year.
Squirrel Softech Services Pvt. Ltd. specializes in IT services such as SAP analytics, upgrades, and managed support for enterprises. They offer resource augmentation and training, focusing on data visualization and performance optimization. Based in Ahmedabad, India, with branches in Netherlands and New Delhi, the company develops AI products like BankRECO for banking reconciliation. Their activities include change management and innovative solutions for industries, serving clients through B2B contracts.
Squirrel Softech Services's top competitors include Happiest Minds and Datamatics.
Squirrel Softech Services offers Squirrel AI BankRECO, Squirrel AI MSMECheck, Squirrel AI VendoBAL, SAP Analytics, and Data Analytics and Visualization.
Squirrel Softech Services is associated with 2 legal entities: Squirrel Softech Services Private Limited, Proposal Technologies Llp.
The legal entities of Squirrel Softech Services currently have 4 directors, including Arun Mohan Nagpal, Mohan Sakhawatrai Nagpal, Hirenkumar Mansukhlal Bhimani and others.