About Terafast Networks
Terafast Networks is a Technology company based in Chennai (India) founded in 2004 by Meenakshisundaram Ravichandran, and was acquired by 360logica in October 2022. IT services suite solutions are provided to various clients. The company has 77 employees. Its chief executive, as recorded, is Meenakshisundaram Ravichandran. Its Indian entity Terafast Networks Private Limited reported revenue of ₹20.11 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Terafast Networks was founded in 2004 in Chennai, India, focusing on the IT services sector. A range of IT solutions, including suite-based services, is offered to support business operations. The company operates primarily from its base in India, with leadership provided by founder and CEO Meenakshisundaram Ravichandran. Core activities encompass IT infrastructure and service delivery for enterprise needs.
- Headquarters Chennai, India
- Employees 77
- Founders Meenakshisundaram Ravichandran
- Stage Acquired
- SectorsTechnology
- Website terafastnet.com
- Social X
- Acquired by 360logica (Oct 2022)
- Legal Name Terafast Networks Private Limited
- Date of Incorporation 22 Jun, 2004
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of Terafast Networks
Terafast Networks is associated with 3 registered companies on The Company Check; the primary company is Terafast Networks 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 |
|---|---|---|---|---|---|---|---|
| Terafast Networks Private Limited CIN U52392TN2004PTC053536 | Amalgamated | 22 Jun 2004 | Chennai, Tamil Nadu | ₹20.1 Cr | 77 | 4 | View details |
| Threesixty Logica Testing Services Private Limited CIN U72900TN2009PTC120672 | Amalgamated | 12 Oct 2009 | Chennai, Tamil Nadu | ₹65.7 Cr | 289 | 3 | View details |
| Saksoft Limited Listed CIN L72200TN1999PLC054429 | Active | 24 Nov 1999 | Chennai, Tamil Nadu | ₹900 Cr | 2,114 | 10 | View details |
Investors in Terafast Networks
Terafast Networks has secured backing from 1 investor. Prominent investors backing the company include 360logica.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Indepedent Software Testing Services | 2009 | 360logica.com | Noida, India |
Investor details for Terafast Networks
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Board of directors of Terafast Networks Private Limited (Terafast Networks)
Terafast Networks Private Limited is the primary company behind Terafast Networks. The boards of the 3 registered companies of Terafast Networks currently have 11 directors; the longest-serving is Aditya Krishna, appointed in 1999. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Krishna DIN 00031345 | Managing Director | 24 Nov 1999 | 26 yrs 11 mo | Saksoft Limited, Terafast Networks Private Limited, Threesixty Logica Testing Services Private Limited |
| Ravichandran Meenakshisundaram DIN 00979429 | Director | 22 Jun 2004 | 22 yrs 4 mo | Terafast Networks Private Limited |
| Ajit Thomas DIN 00018691 | Director | 31 Jul 2009 | 17 yrs 2 mo | Saksoft Limited |
| Kanika Krishna DIN 06954593 | Director | 26 Sep 2014 | 12 yrs 1 mo | Saksoft Limited |
| Dhiraj Kumar Mangla DIN 07047338 | Director | 31 Dec 2014 | 11 yrs 9 mo | Threesixty Logica Testing Services Private Limited |
| Nirajkumar Ganeriwala DIN 03560704 | Nominee Director | 28 Oct 2022 | 3 yrs 11 mo | Terafast Networks Private Limited, Threesixty Logica Testing Services Private Limited |
| Kavitha Vijay DIN 01047261 | Director | 14 Aug 2023 | 3 yrs 2 mo | Saksoft Limited |
| Suresh Subramanian DIN 02070440 | Director | 21 Sep 2023 | 3 yrs 1 mo | Saksoft Limited |
| Avantika Krishna DIN 07382967 | Additional Director | 25 May 2026 | 5 mo | Saksoft Limited, Terafast Networks Private Limited |
| Mahesh Ramakant Muzumdar DIN 02402435 | Additional Director | 25 May 2026 | 5 mo | Saksoft Limited |
| Vaidyanathan Sreenivasan DIN 11549452 | Additional Director | 25 May 2026 | 5 mo | Saksoft Limited |
People of Terafast Networks
1 people are tracked at Terafast Networks (1 in leadership); the tracked headcount is 77.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Terafast Networks
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Financials of Terafast Networks
Figures of Terafast Networks Private Limited, the primary company behind Terafast Networks, for FY 2024. Revenue was ₹20.11 Cr (+18% year on year). Net profit was ₹6.47 Cr (32% margin). EBITDA was ₹9.12 Cr (45% margin). Revenue has grown at a compounded annual rate of +32% over three years and +26% over five years.
- ₹20.11 CrRevenue · FY 2024 · +18% YoY
- ₹6.47 CrNet profit · 32% margin
- ₹9.12 CrEBITDA · 45% margin
- ₹5 LakhPaid-up capital
- 77Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Terafast Networks Private Limited are on its company page.
Detailed financial statements for Terafast Networks
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Timeline of Terafast Networks
2 dated milestones of Terafast Networks across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Terafast Networks is founded.
- Exit Acquired by 360logica.
Competitors of Terafast Networks
Terafast Networks 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 Terafast Networks
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Related news about Terafast Networks
Complete news archive for Terafast Networks
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Frequently Asked Questions about Terafast Networks
Terafast Networks was founded in 2004.
Terafast Networks is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Meenakshisundaram Ravichandran is the CEO of Terafast Networks, as recorded in our data. They have also founded this company.
Terafast Networks has 77 employees.
The primary company behind Terafast Networks, Terafast Networks Private Limited, reported revenue of ₹20.11 Cr for FY 2024, up 18% year on year.
Terafast Networks was founded in 2004 in Chennai, India, focusing on the IT services sector. A range of IT solutions, including suite-based services, is offered to support business operations. The company operates primarily from its base in India, with leadership provided by founder and CEO Meenakshisundaram Ravichandran. Core activities encompass IT infrastructure and service delivery for enterprise needs.
Terafast Networks's top competitors include Happiest Minds and Datamatics.
Terafast Networks has 1 investor. Key investors include 360logica.
Terafast Networks is associated with 3 legal entities: Terafast Networks Private Limited, Saksoft Limited, Threesixty Logica Testing Services Private Limited.
Yes. Terafast Networks was acquired by 360logica in October 2022.
The legal entities of Terafast Networks currently have 12 directors, including Aditya Krishna, Kanika Krishna, Ajit Thomas and others.