About Techverves
Techverves is a Financial Services company based in Bengaluru (India) founded in 2011, and was acquired by Techurate in May 2023. Software-based platform for core banking solutions. The company has 21 employees. Its Indian entity Techverve Solutions Private Limited reported revenue of ₹2.26 Cr. Its focus areas include FinTech, Banking Tech and Core Banking Platforms.
Company details
Techverves was founded in 2011 and is headquartered in Bengaluru, India. The company operates in the fintech sector, providing a software platform for core banking solutions. Services include management of savings accounts, current accounts, term loans, fixed deposits, recurring deposits, pigmy collections, and lockers. Online loan origination and processing are also supported, covering application handling, interest rate calculations, loan approvals, task assignments, and tracking.
- Headquarters Bengaluru, India
- Employees 21
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website techverves.com
- Social LinkedIn X Facebook
- Acquired by Techurate (May 2023)
- Legal Name Techverve Solutions Private Limited
- Date of Incorporation 20 Dec, 2011
- Jurisdiction Bengaluru, Karnataka, India
Associated legal entities of Techverves
Techverves operates through Techverve Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techverve Solutions Private Limited CIN U72900KA2011PTC061745 | Active | 20 Dec 2011 | Bengaluru, Karnataka | ₹2.3 Cr | 17 | 3 | View details |
Investors in Techverves
Techverves has secured backing from 1 investor. Prominent investors backing the company include Techurate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides digital platforms for banking, integrations, and AI-driven services for enterprises. | 2015 | techurate.com | Bengaluru, India |
Investor details for Techverves
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Techverve Solutions Private Limited (Techverves)
Techverve Solutions Private Limited is the primary company behind Techverves. The board of Techverve Solutions Private Limited currently have 3 directors; the longest-serving is Padmaprasada, appointed in 2011. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Padmaprasada DIN 03099253 | Director | 20 Dec 2011 | 14 yrs 10 mo | Techverve Solutions Private Limited |
| Rahul Pandey DIN 07197340 | Managing Director | 05 Jun 2015 | 11 yrs 5 mo | Techverve Solutions Private Limited |
| Ravindra Shetty Kayandoor DIN 00884546 | Director | 24 Sep 2016 | 10 yrs 1 mo | Techverve Solutions Private Limited |
Financials of Techverves
Figures of Techverve Solutions Private Limited, the primary company behind Techverves, for FY 2026. Revenue was ₹2.26 Cr (+51% year on year). Net profit was ₹7.9 Lakh (4% margin). EBITDA was ₹32.7 Lakh (16% margin). Revenue has grown at a compounded annual rate of +24% over three years and +20% over five years.
- ₹2.26 CrRevenue · FY 2026 · +51% YoY
- ₹7.9 LakhNet profit · 4% margin
- ₹32.7 LakhEBITDA · 16% margin
- ₹14.8 LakhPaid-up capital
- 17Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techverve Solutions Private Limited are on its company page.
Detailed financial statements for Techverves
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.
Timeline of Techverves
2 dated milestones of Techverves across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Techverves is founded.
- Exit Acquired by Techurate.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Techverves
Complete news archive for Techverves
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Techverves
Techverves was founded in 2011.
Techverves is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Techverves has 21 employees.
The primary company behind Techverves, Techverve Solutions Private Limited, reported revenue of ₹2.26 Cr for FY 2026, up 51% year on year.
Techverves was founded in 2011 and is headquartered in Bengaluru, India. The company operates in the fintech sector, providing a software platform for core banking solutions. Services include management of savings accounts, current accounts, term loans, fixed deposits, recurring deposits, pigmy collections, and lockers. Online loan origination and processing are also supported, covering application handling, interest rate calculations, loan approvals, task assignments, and tracking.
Techverves has 1 investor. Key investors include Techurate.
Techverves operates through Techverve Solutions Private Limited.
Yes. Techverves was acquired by Techurate in May 2023.
The legal entities of Techverves currently have 3 directors, including Padmaprasada, Ravindra Shetty Kayandoor, Rahul Pandey.