About Techmill Technologies
Techmill Technologies was a Financial Services company based in Mysuru (India) founded in 2007. It provides cloud-based core banking solutions. It operates on a B2B model. Its Indian entity Techmill Technologies Private Limited reported revenue of ₹1.99 Cr. The company is recorded as dissolved. Its focus areas include Finance, Banking, Core Banking and Cloud Solutions.
Company details
Techmill Technologies, founded in 2007 in Mysuru, India, focuses on finance, banking, core banking, and cloud solutions. Provides cloud-based core banking solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mysuru, India
- SectorsFinancial Services
- Website techmilltechnologies.com
- Social X Facebook
- Legal Name Techmill Technologies Private Limited
- Date of Incorporation 06 Feb, 2008
- Annual Revenue₹1.99 Cr
FY 2024 · -68% YoY
- Net Loss-₹1.39 Cr
FY 2024 · -70% margin
- EBITDA-₹1.21 Cr
FY 2024 · -61% margin
Associated legal entities of Techmill Technologies
Techmill Technologies operates through Techmill 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 |
|---|---|---|---|---|---|---|---|
| Techmill Technologies Private Limited CIN U72200KA2008PTC045193 | Active | 06 Feb 2008 | Mysore, Karnataka | ₹2.0 Cr | 128 | 4 | View details |
Board of directors of Techmill Technologies Private Limited (Techmill Technologies)
Techmill Technologies Private Limited is the primary company behind Techmill Technologies. The board of Techmill Technologies Private Limited currently have 4 directors; the longest-serving is Meghana Joti Sainath, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Meghana Joti Sainath DIN 01986334 | Director | 06 Feb 2008 | 18 yrs 9 mo | Techmill Technologies Private Limited |
| Seema Basavalingappa DIN 02967759 | Director | 06 Feb 2008 | 18 yrs 9 mo | Techmill Technologies Private Limited |
| Harihara Gopinath Sharath DIN 01964138 | Director | 06 Feb 2008 | 18 yrs 9 mo | Techmill Technologies Private Limited |
| Rajashekarappa Vishwanath DIN 01509218 | Director | 06 Feb 2008 | 18 yrs 9 mo | Techmill Technologies Private Limited |
Financials of Techmill Technologies
Figures of Techmill Technologies Private Limited, the primary company behind Techmill Technologies, for FY 2024. Revenue was ₹1.99 Cr (-68% year on year). Net loss was -₹1.39 Cr (-70% margin). EBITDA was -₹1.21 Cr (-61% margin). Revenue has grown at a compounded annual rate of -63% over three years and -48% over five years.
- ₹1.99 CrRevenue · FY 2024 · -68% YoY
- -₹1.39 CrNet loss · -70% margin
- -₹1.21 CrEBITDA · -61% margin
- ₹1 LakhPaid-up capital
- 128Employees (provident fund records)
- -63%Revenue CAGR, 3 years
- -48%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techmill Technologies Private Limited are on its company page.
Detailed financial statements for Techmill Technologies
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Top companies in Cloud Banking
3 companies that operate in the same segment as Techmill Technologies (Cloud Banking) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers IT consulting, software development, cloud services, and security solutions. | 2001 | Gurugram, Haryana, India | USD 25.43 M | 786 | ||
Offers app-based correspondent banking services for users. | 2015 | Mumbai, Maharashtra, India | USD 1.72 M | 44 | ||
Offers digital transformation, cloud development, QA automation, and consulting services. | 2008 | Hyderabad, Telangana, India | USD 8.14 M | 324 |
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Frequently Asked Questions about Techmill Technologies
Techmill Technologies was founded in 2007.
Techmill Technologies is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.
The primary company behind Techmill Technologies, Techmill Technologies Private Limited, reported revenue of ₹1.99 Cr for FY 2024, down 68% year on year.
Techmill Technologies, founded in 2007 in Mysuru, India, focuses on finance, banking, core banking, and cloud solutions. Provides cloud-based core banking solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Techmill Technologies operates through Techmill Technologies Private Limited.
The legal entities of Techmill Technologies currently have 4 directors, including Meghana Joti Sainath, Seema Basavalingappa, Harihara Gopinath Sharath and others.