About Tericsoft
Tericsoft is a Business Services company based in Hyderabad (India) founded in 2018 by Anand Reddy K S and Abdul Rahman. It operates as a technology partnership agency specializes in digital transformation with a focus on product strategy, design, and engineering. It operates in the Business Services and Technology sectors. Tericsoft has raised $105.25 thousand across 4 funding rounds from investors including Shyam Vala, Shashidhar Kedareswara and Ghanashyam D R. The company has 40 employees. Tericsoft was last valued at $3.4 million in March 2022. Its chief executive is Abdul Rahman. Its Indian entity Tericsoft Technology Solutions Private Limited reported revenue of ₹5.73 Cr. Tericsoft offers products and services including Product Development Services, Technology Partner, Offshore Development Team, AI Services, and Product Design Services. Its focus areas include IT Services, Suite, Management Consulting Services and Function Specific. Its competitors include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Tericsoft was established in 2018 in Hyderabad, India, as a technology agency. Operations center on digital transformation within the tech sector, with services encompassing product development and design, including web design, mobile application and software development, and UIUX solutions. Additional offerings cover infrastructure architecture, AI integration, and business consulting to support client needs.
- Headquarters Hyderabad, India
- Employees 40
- Founders Anand Reddy K S, Abdul Rahman
- Stage Minicorn
- SectorsBusiness ServicesTechnology
- Email••••••••
- Website tericsoft.com
- Social LinkedIn X Facebook Instagram
- Legal Name Tericsoft Technology Solutions Private Limited
- Date of Incorporation 25 Jun, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.73 Cr
FY 2024 · +33% YoY
- Net Profit₹36.6 Lakh
FY 2024 · 6% margin
- EBITDA₹65.5 Lakh
FY 2024 · 11% margin
- Total Equity Funding$105.25K (USD)
in 4 rounds
- Latest Funding Round$26.41K (USD), Angel Round
Mar 2022
- Employee Count40
Associated legal entities of Tericsoft
Tericsoft operates through Tericsoft Technology Solutions 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 |
|---|---|---|---|---|---|---|---|
| Tericsoft Technology Solutions Private Limited CIN U72900TG2018PTC125275 | Active | 25 Jun 2018 | Hyderabad, Telangana | ₹5.7 Cr | 40 | 2 | View details |
Products & Services of Tericsoft
Tericsoft offers a comprehensive portfolio of products and services, including Product Development Services, Technology Partner, Offshore Development Team, AI Services, and Product Design Services.
Delivers end-to-end solutions for fixed-scope projects.
Provides long-term strategic support for product lifecycle.
Offers remote teams in India for business expansion.
Builds intelligent solutions using machine learning models.
Crafts user interfaces and experiences for products.
Funding Insights of Tericsoft
Tericsoft has successfully raised a total of $105.25K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $26.41 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $105,248
- Total Rounds 4
- Last Round Angel Round — $26,410
- First Round $25,416
(Aug 2019)
- Investors Count 7
All 4 funding rounds of Tericsoft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $26,410 | Angel Round | $3.4M | – | |
| Dec 2020 | – | Angel Round | – | – | |
| Jul 2020 | $53,422 | Seed | – | – | – |
| Aug 2019 | $25,416 | Angel Round | $1.61M | Mohammed |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $3.4M | •••••••• |
| Aug 2019 | $1.61M | •••••••• |
Last known valuation $3.4M (Mar 2022). 7 investors in total: 0 institutional and 7 angel.
Investors in Tericsoft
Tericsoft has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Shyam Vala, Shashidhar Kedareswara and Ghanashyam D R.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SV Shyam Vala | - | – | unknown_eb3cf334afea4a628 | - |
SK Shashidhar Kedareswara | - | – | unknown_d1379b6608c74d5f8 | - |
GD Ghanashyam D R | - | – | unknown_124d7e889189451a9 | - |
IM Iqra Mehmood Mithani | - | – | unknown_98c811ebf75a4acd8 | - |
AM Adil Mohammed | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_726ffd52649c4470b | - |
MA Mohammed Abdul Imad | - | – | unknown_5f5571e4c1dc4e6ab | - |
M Mohammed | Indian angel investor with interests in early-stage startups | – | unknown_3a2089091f7e47c49 | - |
Investor details for Tericsoft
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 Tericsoft Technology Solutions Private Limited (Tericsoft)
Tericsoft Technology Solutions Private Limited is the primary company behind Tericsoft. The board of Tericsoft Technology Solutions Private Limited currently have 2 directors; the longest-serving is Sainath Anand Reddy Kukudala, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sainath Anand Reddy Kukudala DIN 08165286 | Director | 25 Jun 2018 | 8 yrs 3 mo | Tericsoft Technology Solutions Private Limited |
| Abdul Rahman DIN 06775816 | Director | 25 Jun 2018 | 8 yrs 3 mo | Tericsoft Technology Solutions Private Limited |
People of Tericsoft
15 people are tracked at Tericsoft (3 in leadership, 12 in team); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
Anand Reddy K S | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Abdul Rahman Janoo | CEO | Leadership |
Venkat Shiva Prashanth | Devops Engineer | Team |
Mohammed Sulthan | Mobile Engineer | Team |
Syed Mustafa | Research And Development Engineer | Team |
Aditya Sharma | Devops Tech Lead | Team |
Shubham Sharma | Project Manager | Team |
Hanumath Krishna | Devops Engineer | Team |
Rukmini Damera | Frontend Developer | Team |
Naziya Shaik | AI Engineer | Team |
Rian Ahmed | Organizational Development Executive | Team |
G Meghashyam | Back End Developer | Team |
Ratnesh Pandey | Back End Developer | Team |
Kadari Sai Kiran | Software Engineer (react Native Developer) | Team |
Complete people profiles for Tericsoft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Tericsoft
Figures of Tericsoft Technology Solutions Private Limited, the primary company behind Tericsoft, for FY 2024. Revenue was ₹5.73 Cr (+33% year on year). Net profit was ₹36.6 Lakh (6% margin). EBITDA was ₹65.5 Lakh (11% margin). Revenue has grown at a compounded annual rate of +67% over three years and +79% over five years.
- ₹5.73 CrRevenue · FY 2024 · +33% YoY
- ₹36.6 LakhNet profit · 6% margin
- ₹65.5 LakhEBITDA · 11% margin
- ₹17.1 LakhPaid-up capital
- 40Employees (provident fund records)
- +67%Revenue CAGR, 3 years
- +79%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tericsoft Technology Solutions Private Limited are on its company page.
Detailed financial statements for Tericsoft
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 Tericsoft
4 dated milestones of Tericsoft across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Tericsoft is founded.
- Funding First funding round of $25K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $26K.
Competitors of Tericsoft
Tericsoft has 9 listed competitors in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Tericsoft
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tericsoft
The website of Tericsoft (tericsoft.com) receives about 3K visits a month.
- Monthly visits3K
▼ 57.6% vs previous month
Top companies in Professional Consulting & Advisory
10 companies that operate in the same segment as Tericsoft (Professional Consulting & Advisory), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Diversified insurance brokerage and risk management services are offered worldwide. | 1927 | Rolling Meadows, Illinois, United States | – | USD 13.94 B | 56,000 | |
Provider of end-to-end solutions encompassing talent acquisition, workspace design and management, business operations, and payroll services | 2008 | Bengaluru, Karnataka, India | USD 197.78 M | USD 81.57 M | 341 | |
Diversified financial services are provided across global markets. | 1690 | London, England, United Kingdom | – | USD 73.54 B | 91,300 | |
Talent acquisition and consulting services are provided globally. | 1969 | Los Angeles, California, United States | – | USD 2.94 B | 9,250 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | – | USD 11.22 B | 35,800 | |
Network consulting services are provided via a professional connection platform. | 1998 | New York, New York, United States | USD 442 M | – | 12,244 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.57 B | 24,590 | |
Global leaders in TMT management consulting. | 1985 | London, England, United Kingdom | USD 21.58 M | – | – |
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Frequently Asked Questions about Tericsoft
Tericsoft was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Tericsoft is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Abdul Rahman is the current CEO of Tericsoft. They have also founded this company.
Tericsoft is a funded company, having raised a total of $105.25K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $25.42K, raised on Aug 2019.
Tericsoft has 40 employees.
The primary company behind Tericsoft, Tericsoft Technology Solutions Private Limited, reported revenue of ₹5.73 Cr for FY 2024, up 33% year on year.
Tericsoft was established in 2018 in Hyderabad, India, as a technology agency. Operations center on digital transformation within the tech sector, with services encompassing product development and design, including web design, mobile application and software development, and UIUX solutions. Additional offerings cover infrastructure architecture, AI integration, and business consulting to support client needs.
Tericsoft's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Tericsoft offers Product Development Services, Technology Partner, Offshore Development Team, AI Services, and Product Design Services.
Tericsoft has 7 investors. Key investors include Shyam Vala, Shashidhar Kedareswara, Ghanashyam D R, Iqra Mehmood Mithani, and Adil Mohammed.
The valuation of Tericsoft is $3.4M as of Mar 2022.
Tericsoft operates through Tericsoft Technology Solutions Private Limited.