About Synchronous Software Solutions
Synchronous Software Solutions is a Technology company based in Bengaluru (India) founded in 2009. It offers a comprehensive suite of IT services to support daily business operations. It operates on a B2B model. Its Indian entity Synchronous It Labs Private Limited reported revenue of ₹33.9 Lakh. Its focus areas include Information Technology, IT Services, Business Operations and Support Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Synchronous Software Solutions, established in 2009, excels in information technology, providing IT services, business operations, and support solutions. Offers a comprehensive suite of IT services to support daily business operations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- SectorsTechnology
- Email••••••••
- Website synchronoussoft.com
- Social LinkedIn X Facebook
- Legal Name Synchronous It Labs Private Limited
- Date of Incorporation 21 Dec, 2011
- Jurisdiction Ranchi, Jharkhand, India
- Annual Revenue₹33.9 Lakh
FY 2019 · -64% YoY
- Net Loss-₹8.8 Lakh
FY 2019 · -26% margin
- EBITDA-₹8.4 Lakh
FY 2019 · -25% margin
Associated legal entities of Synchronous Software Solutions
Synchronous Software Solutions operates through Synchronous It Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Synchronous It Labs Private Limited CIN U72100JH2011PTC000072 | Active | 21 Dec 2011 | Ranchi, Jharkhand | ₹0.3 Cr | 3 | View details |
Board of directors of Synchronous It Labs Private Limited (Synchronous Software Solutions)
Synchronous It Labs Private Limited is the primary company behind Synchronous Software Solutions. The board of Synchronous It Labs Private Limited currently have 3 directors; the longest-serving is Imran Jawed, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Imran Jawed DIN 05103142 | Director | 21 Dec 2011 | 14 yrs 10 mo | Synchronous It Labs Private Limited |
| Mohammad Nasiruddin DIN 07625659 | Director | 28 Sep 2016 | 10 yrs | Synchronous It Labs Private Limited |
| Shahnaz Jawed DIN 07625734 | Additional Director | 28 Sep 2016 | 10 yrs | Synchronous It Labs Private Limited |
Financials of Synchronous Software Solutions
Figures of Synchronous It Labs Private Limited, the primary company behind Synchronous Software Solutions, for FY 2019. Revenue was ₹33.9 Lakh (-64% year on year). Net loss was -₹8.8 Lakh (-26% margin). EBITDA was -₹8.4 Lakh (-25% margin). Revenue has grown at a compounded annual rate of -22% over three years.
- ₹33.9 LakhRevenue · FY 2019 · -64% YoY
- -₹8.8 LakhNet loss · -26% margin
- -₹8.4 LakhEBITDA · -25% margin
- ₹1 LakhPaid-up capital
- -22%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Synchronous It Labs Private Limited are on its company page.
Detailed financial statements for Synchronous Software Solutions
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Competitors of Synchronous Software Solutions
Synchronous Software Solutions 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 Synchronous Software Solutions
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Frequently Asked Questions about Synchronous Software Solutions
Synchronous Software Solutions was founded in 2009.
Synchronous Software Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Synchronous Software Solutions, Synchronous It Labs Private Limited, reported revenue of ₹33.9 Lakh for FY 2019, down 64% year on year.
Synchronous Software Solutions, established in 2009, excels in information technology, providing IT services, business operations, and support solutions. Offers a comprehensive suite of IT services to support daily business operations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Synchronous Software Solutions's top competitors include Happiest Minds and Datamatics.
Synchronous Software Solutions operates through Synchronous It Labs Private Limited.
The legal entities of Synchronous Software Solutions currently have 3 directors, including Mohammad Nasiruddin, Imran Jawed, Shahnaz Jawed.