About Synconext
Synconext is a Business Services company based in Bengaluru (India) founded in 2011 by Mohanarajan Natesan and Vishal Jain. IoT-enabled energy efficiency solutions are provided for workplaces and buildings. It operates on a SaaS (Software-as-a-Service) model in Business Services, Energy & Utilities, and Real Estate & Construction sectors. The company has 23 employees. Its chief executive, as recorded, is Vishal Jain. Its Indian entity Synconext Technologies Private Limited reported revenue of ₹59.7 Lakh. Synconext offers products and services including IQnext. Its focus areas include Software and Application Software.
Company details
Synconext is focused on the development of software solutions. The company is associated with IQnext, a primary product aimed at providing innovative application software. Activities are centered in the technology sector, specifically targeting software applications for various user needs. Further details on specific sectors or additional solutions are not provided in the available content.
- Headquarters Bengaluru, India
- Employees 23
- Founders Mohanarajan Natesan, Vishal Jain
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Email••••••••
- Phone•••• ••••
- Website synconext.com
- Social LinkedIn X
- Legal Name Synconext Technologies Private Limited
- Date of Incorporation 21 Jun, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹59.7 Lakh
FY 2024 · -48% YoY
- Net Loss-₹41.1 Lakh
FY 2024 · -69% margin
- EBITDA-₹38.2 Lakh
FY 2024 · -64% margin
- Employee Count23
Associated legal entities of Synconext
Synconext operates through Synconext Technologies 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 |
|---|---|---|---|---|---|---|---|
| Synconext Technologies Private Limited CIN U74110KA2010PTC054138 | Active | 21 Jun 2010 | Bangalore, Karnataka | ₹0.6 Cr | 23 | 2 | View details |
Products & Services of Synconext
Synconext offers a comprehensive portfolio of products and services, including IQnext.
IQnext is developed as a key software product.
Board of directors of Synconext Technologies Private Limited (Synconext)
Synconext Technologies Private Limited is the primary company behind Synconext. The board of Synconext Technologies Private Limited currently have 2 directors; the longest-serving is Vishal, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal DIN 02939506 | Director | 21 Jun 2010 | 16 yrs 4 mo | Synconext Technologies Private Limited |
| Shwetha Jain DIN 10922648 | Additional Director | 25 Jan 2025 | 1 yr 9 mo | Synconext Technologies Private Limited |
People of Synconext
2 people are tracked at Synconext (2 in leadership); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Mohanarajan Natesan | Co-Founder & CTO | Leadership |
Vishal Jain | Co-Founder & CEO | Leadership |
Complete people profiles for Synconext
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Financials of Synconext
Figures of Synconext Technologies Private Limited, the primary company behind Synconext, for FY 2024. Revenue was ₹59.7 Lakh (-48% year on year). Net loss was -₹41.1 Lakh (-69% margin). EBITDA was -₹38.2 Lakh (-64% margin). Revenue has grown at a compounded annual rate of -29% over three years and -18% over five years.
- ₹59.7 LakhRevenue · FY 2024 · -48% YoY
- -₹41.1 LakhNet loss · -69% margin
- -₹38.2 LakhEBITDA · -64% margin
- ₹5 LakhPaid-up capital
- 23Employees (provident fund records)
- -29%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Synconext Technologies Private Limited are on its company page.
Detailed financial statements for Synconext
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Facility Management Platforms
2 companies that operate in the same segment as Synconext (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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Related news about Synconext
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Frequently Asked Questions about Synconext
Synconext was founded in 2011.
Synconext is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vishal Jain is the CEO of Synconext, as recorded in our data. They have also founded this company.
Synconext has 23 employees.
The primary company behind Synconext, Synconext Technologies Private Limited, reported revenue of ₹59.7 Lakh for FY 2024, down 48% year on year.
Synconext is focused on the development of software solutions. The company is associated with IQnext, a primary product aimed at providing innovative application software. Activities are centered in the technology sector, specifically targeting software applications for various user needs. Further details on specific sectors or additional solutions are not provided in the available content.
Synconext offers IQnext.
Synconext operates through Synconext Technologies Private Limited.
The legal entities of Synconext currently have 2 directors, including Vishal, Shwetha Jain.