About Techwave Infotech
Techwave Infotech is a Technology company based in Hyderabad (India) founded in 2004 by Vanaja Gummadapu and Rajasekhar Gummadapu. It offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. It operates on a B2B and Service-based Consulting model. The company has 895 employees. Techwave Infotech has completed 4 acquisitions, including Advaita Technology Solutions, IMicron Web Services and Infotechitservices.com. Its chief executive, as recorded, is Rajasekhar Gummadapu. Its website techwave.net draws about 22 thousand monthly visits. Its Indian entity Techwave Infotech Private Limited reported revenue of ₹74.56 Cr. Techwave Infotech offers products and services including SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering Services. Its focus areas include IT Services, Data Automation, AI and Engineering and Business Applications. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Techwave is a global IT services provider focusing on cloud, data, engineering, automation, AI, SAP, and application development. They deliver customized solutions to help businesses address challenges in industries like telecom, banking, healthcare, and manufacturing. Operating from multiple locations including the US, Europe, and Asia, Techwave supports clients through innovative digital transformations and expert consulting, emphasizing efficiency and growth.
- Headquarters Hyderabad, India
- Employees 895
- Founders Vanaja Gummadapu, Rajasekhar Gummadapu
- SectorsTechnology
- Email••••••••
- Website techwave.net
- Social LinkedIn X Instagram
- Legal Name Techwave Infotech Private Limited
- Date of Incorporation 15 Oct, 2008
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹74.56 Cr
FY 2024 · +9% YoY
- Net Profit₹1.83 Cr
FY 2024 · 2% margin
- EBITDA₹6.95 Cr
FY 2024 · 9% margin
- Employee Count895
- Investments & AcquisitionsAdvaita Technology Solutions
& 3 more
Associated legal entities of Techwave Infotech
Techwave Infotech is associated with 4 registered companies on The Company Check; the primary company is Techwave Infotech Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techwave Infotech Private Limited CIN U72200TG2008PTC061416 | Active | 15 Oct 2008 | Hyderabad, Telangana | ₹74.6 Cr | 874 | 2 | View details |
| Damura Associates Llp CIN ABC-2454 | Active | 25 Aug 2022 | Hyderabad, Telangana | 2 | View details | ||
| Sthiraa Infraventures Llp CIN ABB-2135 | Active | 30 May 2022 | Hyderabad, Telangana | 2 | View details | ||
| Techwave Consulting India Private Limited CIN U72200TG2015PTC097221 | Active | 12 Jan 2015 | Hyderabad, Telangana | ₹235 Cr | 848 | 2 | View details |
Products & Services of Techwave Infotech
Techwave Infotech offers a comprehensive portfolio of products and services, including SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering Services.
Focuses on SAP implementation and support for business operations
Enables cloud adoption for efficient digital transformations
Automates processes using AI for enhanced productivity
Provides digital engineering for operational excellence
Board of directors of Techwave Infotech Private Limited (Techwave Infotech)
Techwave Infotech Private Limited is the primary company behind Techwave Infotech. The boards of the 4 registered companies of Techwave Infotech currently have 4 directors; the longest-serving is Alluri Venkata Panindra Varma, appointed in 2019. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alluri Venkata Panindra Varma DIN 02293995 | Director | 07 Mar 2019 | 7 yrs 8 mo | Techwave Consulting India Private Limited, Techwave Infotech Private Limited |
| Gummadapu Rao Damodar DIN 07027779 | Designated Partner | 30 May 2022 | 4 yrs 5 mo | Sthiraa Infraventures Llp, Damura Associates Llp, Techwave Consulting India Private Limited, Techwave Infotech Private Limited |
| Murali Kovuri DIN 03130296 | Designated Partner | 25 Aug 2022 | 4 yrs 2 mo | Damura Associates Llp |
| Muralidhar Rao Gummadapu DIN 10314479 | Designated Partner | 17 Nov 2023 | 2 yrs 11 mo | Sthiraa Infraventures Llp |
People of Techwave Infotech
67 people are tracked at Techwave Infotech (32 in leadership, 1 in board & advisors, 34 in team); the tracked headcount is 895.
| Name | Role | Group |
|---|---|---|
Vanaja Gummadapu | Co-Founder, President | Leadership |
| Co-Founder, CEO | Leadership | |
Mark Vesper | Head of Business Development, Strategic Accounts | Leadership |
Arpana Prabhakar | Associate Director | Leadership |
Bill Cranston | Sales Director - SAP | Leadership |
Sattish R Kummar | Vice President Service Delivery | Leadership |
Garry Beacroft | Senior Director - Business Development (utilities) | Leadership |
Reena Sharma | Vice President, Managing Director, India | Leadership |
Srikant Subramanian | SAP BU Head | Leadership |
Ajit Deshpande | Head of GDC | Leadership |
Krishna Kumar A. R. | Associate Director | Leadership |
Murthy Maddali | Head of EU West Region and Budapest RDC | Leadership |
Srinivas Penmetsa | Senior Vice President, Managing Director- ANZ | Leadership |
Sharad Limaye | Director ANZ | Leadership |
Rajender Earra | Senior Director | Leadership |
Sreeram Vadavalli | Director - Enterprise Digital Services | Leadership |
S.m Abbas | Director Digital Strategy And Operations | Leadership |
Satish Iyer | Head of India Business Development | Leadership |
Gopi Shankar M | Associate Director | Leadership |
Ramana Vemulapalli | Director | Leadership |
47 more people are available in the full profile.
Complete people profiles for Techwave Infotech
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Financials of Techwave Infotech
Figures of Techwave Infotech Private Limited, the primary company behind Techwave Infotech, for FY 2024. Revenue was ₹74.56 Cr (+9% year on year). Net profit was ₹1.83 Cr (2% margin). EBITDA was ₹6.95 Cr (9% margin). Revenue has grown at a compounded annual rate of -9% over three years and -7% over five years.
- ₹74.56 CrRevenue · FY 2024 · +9% YoY
- ₹1.83 CrNet profit · 2% margin
- ₹6.95 CrEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 874Employees (provident fund records)
- -9%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techwave Infotech Private Limited are on its company page.
Detailed financial statements for Techwave Infotech
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Investments & Acquisitions by Techwave Infotech
Techwave Infotech has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Advaita Technology Solutions, IMicron Web Services and Infotechitservices.com.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A marketplace for cloud solutions is provided by iMicron Cloud. | imicroncloud.com | Los Angeles, United States | 2015 | Jan 2017 | •••• | |
Provider of web & e-commerce development, data analytics, and other enterprise software services | techadvaita.com | Uxbridge, United Kingdom | 2010 | Mar 2016 | •••• | |
Semiconductor design service provider | moschip.com | Hyderabad, India | 1999 | Mar 2016 | •••• | |
IT suite services are provided from Hyderabad, India. | infotechitservices.com | Hyderabad, India | 2010 | Aug 2015 | •••• |
Complete acquisition details for Techwave Infotech
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Timeline of Techwave Infotech
5 dated milestones of Techwave Infotech across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Techwave Infotech is founded.
- Acquisition Acquires Infotechitservices.com.
- Acquisition Acquires Moschip.
- Acquisition Acquires Advaita Technology Solutions.
- Acquisition Acquires IMicron Web Services.
Competitors of Techwave Infotech
Techwave Infotech 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 Techwave Infotech
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Web traffic of Techwave Infotech
The website of Techwave Infotech (techwave.net) receives about 22.1K visits a month.
- Monthly visits22.1K
▲ 3.8% vs previous month
Websites whose visitors overlap most with Techwave Infotech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| onwardgroup.com | 100% | 10.4K | #2,072,143 | View details | |
trigent.com | trigent.com | 99% | #1,103,639 | – | |
| irissoftware.com | 96% | 60.6K | #595,666 | View details | |
programmers.io | programmers.io | 96% | #825,282 | – | |
talentica.com | talentica.com | 95% | #1,176,696 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Techwave Infotech
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Top companies in AI in Business Intelligence
3 companies that operate in the same segment as Techwave Infotech (AI in Business Intelligence) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT consulting, AI services, and digital engineering solutions for various industries. | 1993 | Hyderabad, Telangana, India | USD 110.56 M | 1,184 | ||
AI solutions for pharmaceuticals, hospitals, and data analytics. | 2011 | Hyderabad, Telangana, India | USD 1.86 M | 64 | ||
Offers online courses and certifications in emerging technologies and professional development. | 2020 | Bengaluru, Karnataka, India | USD 23.18 M | 602 |
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Related news about Techwave Infotech
Complete news archive for Techwave Infotech
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Frequently Asked Questions about Techwave Infotech
Techwave Infotech was founded in 2004.
Techwave Infotech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Rajasekhar Gummadapu is the CEO of Techwave Infotech, as recorded in our data. They have also founded this company.
Techwave Infotech has 895 employees.
The primary company behind Techwave Infotech, Techwave Infotech Private Limited, reported revenue of ₹74.56 Cr for FY 2024, up 9% year on year.
Techwave is a global IT services provider focusing on cloud, data, engineering, automation, AI, SAP, and application development. They deliver customized solutions to help businesses address challenges in industries like telecom, banking, healthcare, and manufacturing. Operating from multiple locations including the US, Europe, and Asia, Techwave supports clients through innovative digital transformations and expert consulting, emphasizing efficiency and growth.
Techwave Infotech's top competitors include Happiest Minds and Datamatics.
Techwave Infotech offers SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering Services.
Techwave Infotech has made 4 acquisitions, including Advaita Technology Solutions, IMicron Web Services, and Infotechitservices.com.
Techwave Infotech is associated with 4 legal entities: Techwave Infotech Private Limited, Sthiraa Infraventures Llp, Damura Associates Llp and others.
The legal entities of Techwave Infotech currently have 4 directors, including Gummadapu Rao Damodar, Muralidhar Rao Gummadapu, Murali Kovuri and others.