About Topsys Solutions
Topsys Solutions was a Technology company based in Bengaluru (India) founded in 1995. It offers cloud-based HRMS and payroll management software for businesses. It operates on a B2B model. The company has 4 employees. The company is recorded as dissolved. Its focus areas include Software, HR Management and Payroll Systems. Its legal entity in India is Topsys Solutions Private Limited (U30009KA1995PTC017195). Similar companies include Gusto, Paycor, Paychex, TriNet and Rippling and 4 more; 6 of its 9 listed similar companies have raised funding.
Company details
Topsys Solutions, based in Bengaluru, focuses on leveraging cutting-edge technology, software, handling HR operations, and payroll systems. Offers cloud-based HRMS and payroll management software for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 4
- SectorsTechnology
- Website topsyssolutions.com
- Social X
- Legal Name Topsys Solutions Private Limited
- Date of Incorporation 15 Feb, 1995
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹80,405
FY 2022 · -91% YoY
- Net Loss-₹24.8 Lakh
FY 2022 · -3082% margin
- EBITDA₹41,214
FY 2022 · 51% margin
- Employee Count4
Associated legal entities of Topsys Solutions
Topsys Solutions operates through Topsys Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Topsys Solutions Private Limited CIN U30009KA1995PTC017195 | Active | 15 Feb 1995 | Bangalore, Karnataka | ₹0.0 Cr | 4 | 2 | View details |
Board of directors of Topsys Solutions Private Limited (Topsys Solutions)
Topsys Solutions Private Limited is the primary company behind Topsys Solutions. The board of Topsys Solutions Private Limited currently have 2 directors; the longest-serving is Rajasekhar Seelam Reddy, appointed in 2018. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajasekhar Seelam Reddy DIN 08042946 | Director | 03 Jan 2018 | 8 yrs 9 mo | Topsys Solutions Private Limited |
| Ravinder Reddy Arrabolu DIN 01555309 | Additional Director | 13 Jun 2022 | 4 yrs 4 mo | Topsys Solutions Private Limited |
Financials of Topsys Solutions
Figures of Topsys Solutions Private Limited, the primary company behind Topsys Solutions, for FY 2022. Revenue was ₹80,405 (-91% year on year). Net loss was -₹24.8 Lakh (-3082% margin). EBITDA was ₹41,214 (51% margin). Revenue has grown at a compounded annual rate of -81% over three years and -71% over five years.
- ₹80,405Revenue · FY 2022 · -91% YoY
- -₹24.8 LakhNet loss · -3082% margin
- ₹41,214EBITDA · 51% margin
- ₹10 LakhPaid-up capital
- 4Employees (provident fund records)
- -81%Revenue CAGR, 3 years
- -71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Topsys Solutions Private Limited are on its company page.
Detailed financial statements for Topsys Solutions
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Similar companies to Topsys Solutions
Topsys Solutions has 9 listed similar companies in our database, 6 of them funded. They include Gusto, Paycor, Paychex, TriNet and Rippling, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| paycor.com | 1990 | Cincinnati, United States | $449.89M | 584 | Cloud-based HRMS platform is provided for small and medium-sized businesses. | |
| paychex.com | 1971 | New York, United States | – | 1,335 | Cloud-based HRMS solutions are delivered for payroll and employee management. | |
| trinet.com | 1988 | Dublin, United States | $60M | 347,500 | Cloud-based HRMS platform is offered for small and medium businesses. | |
| rippling.com | 2016 | San Francisco, United States | $1.85B | – | Cloud-based HR management suite is provided for employee operations. | |
| adp.com | 1949 | Roseland, United States | – | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | |
| humi.ca | 2016 | Toronto, Canada | $33.16M | 134 | Cloud-based HRMS platform is utilized for enterprise HR functions. | |
| joinhomebase.com | 2014 | San Francisco, United States | $157M | 165 | Workforce scheduling and time tracking are facilitated by Homebase software. | |
| bamboohr.com | 2008 | Provo, United States | – | 661 | Cloud-based HRMS platform is provided for small and medium-sized businesses. |
Detailed similar companies of Topsys Solutions
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Topsys Solutions (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Related news about Topsys Solutions
Complete news archive for Topsys Solutions
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Frequently Asked Questions about Topsys Solutions
Topsys Solutions was founded in 1995.
Topsys Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Topsys Solutions has 4 employees.
The primary company behind Topsys Solutions, Topsys Solutions Private Limited, reported revenue of ₹80,405 for FY 2022, down 91% year on year.
Topsys Solutions, based in Bengaluru, focuses on leveraging cutting-edge technology, software, handling HR operations, and payroll systems. Offers cloud-based HRMS and payroll management software for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Topsys Solutions operates through Topsys Solutions Private Limited.
The legal entities of Topsys Solutions currently have 2 directors, including Rajasekhar Seelam Reddy, Ravinder Reddy Arrabolu.