About Synapse Systems
Synapse Systems is an Energy & Utilities company based in Bengaluru (India) founded in 2011. It delivers IoT-enabled systems for utility metering. It operates on a B2B model. Its Indian entity Tesp Labs Private Limited reported revenue of ₹6.45 Cr. Its focus areas include Technology, IoT, Utility Systems and Metering Solutions.
Company details
Synapse Systems, based in Bengaluru, focuses on leveraging cutting-edge technology, iot, utility systems, and providing metering devices. Delivers IoT-enabled systems for utility metering. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website synapse-systems.co.in
- Legal Name Tesp Labs Private Limited
- Date of Incorporation 01 Mar, 2021
- Annual Revenue₹6.45 Cr
FY 2024 · +27% YoY
- Net Profit₹51.8 Lakh
FY 2024 · 8% margin
- EBITDA₹90.3 Lakh
FY 2024 · 14% margin
Associated legal entities of Synapse Systems
Synapse Systems operates through Tesp Labs 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 |
|---|---|---|---|---|---|---|---|
| Tesp Labs Private Limited CIN U72900KA2021PTC144710 | Active | 01 Mar 2021 | Bangalore, Karnataka | ₹6.4 Cr | 34 | 3 | View details |
Board of directors of Tesp Labs Private Limited (Synapse Systems)
Tesp Labs Private Limited is the primary company behind Synapse Systems. The board of Tesp Labs Private Limited currently have 3 directors; the longest-serving is Thejas Mysore, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thejas Mysore DIN 09085352 | Director | 01 Mar 2021 | 5 yrs 7 mo | Tesp Labs Private Limited |
| Prajith Prabhakaran DIN 09085413 | Director | 01 Mar 2021 | 5 yrs 7 mo | Tesp Labs Private Limited |
| Mohamed Sadakkathulla Abdulsalam DIN 09318263 | Director | 24 Sep 2021 | 5 yrs 1 mo | Tesp Labs Private Limited |
Financials of Synapse Systems
Figures of Tesp Labs Private Limited, the primary company behind Synapse Systems, for FY 2024. Revenue was ₹6.45 Cr (+27% year on year). Net profit was ₹51.8 Lakh (8% margin). EBITDA was ₹90.3 Lakh (14% margin).
- ₹6.45 CrRevenue · FY 2024 · +27% YoY
- ₹51.8 LakhNet profit · 8% margin
- ₹90.3 LakhEBITDA · 14% margin
- ₹3 LakhPaid-up capital
- 34Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Tesp Labs Private Limited are on its company page.
Detailed financial statements for Synapse Systems
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Frequently Asked Questions about Synapse Systems
Synapse Systems was founded in 2011.
Synapse Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Synapse Systems, Tesp Labs Private Limited, reported revenue of ₹6.45 Cr for FY 2024, up 27% year on year.
Synapse Systems, based in Bengaluru, focuses on leveraging cutting-edge technology, iot, utility systems, and providing metering devices. Delivers IoT-enabled systems for utility metering. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Synapse Systems operates through Tesp Labs Private Limited.
The legal entities of Synapse Systems currently have 3 directors, including Thejas Mysore, Prajith Prabhakaran, Mohamed Sadakkathulla Abdulsalam.