About Torus Innovations
Torus Innovations is a company based in Chennai (India) founded in 2016 by Praveen Sekar and Sekar Ponniah. It operates as a B2B and SaaS. The company has 14 employees as of March 31, 2021. Torus Innovations offers products and services including Torus Platform, Open Banking Solutions, Payment Hub, and Smart Claims Engine. Torus Innovations operates in a competitive market with competitors including Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others.
- Headquarter Chennai, India
- Employees 14 as on 31 Mar, 2021
- Founders Praveen Sekar, Sekar Ponniah
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Torus Innovations Private Limited
- Date of Incorporation 23 Feb, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$31.13 K (USD)-87.86as on Mar 31, 2021
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Net Profit
-$57.23 K (USD)-292.72as on Mar 31, 2021
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EBITDA
$19.8 K (USD)-69as on Mar 31, 2021
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
14
as on Mar 31, 2021
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Products & Services of Torus Innovations
Torus Innovations offers a comprehensive portfolio of products and services, including Torus Platform, Open Banking Solutions, Payment Hub, and Smart Claims Engine.
Platform for creating AI-enabled event-driven applications.
Tools for building regulation-compliant banking APIs.
Engine for handling high-volume transaction processing.
System for streamlining insurance claims handling.
Funding Insights of Torus Innovations
Detailed funding history for Torus Innovations
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Investments & Acquisitions by Torus Innovations
Investment portfolio details for Torus Innovations
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Financial Statements - Torus Innovations
Detailed financials for Torus Innovations
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Torus Innovations Comparisons
Peer comparison for Torus Innovations
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Competitors of Torus Innovations
Torus Innovations operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others.
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Open-source business management software is developed with integrated modules.
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Low-code platform enables application development and deployment without coding.
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Cloud based integrated application development platform
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Saas based provider of integrated platform as a service solutions
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Cloud-based environments are delivered for application development and testing.
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Cloud based integrated solutons for software development
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Detailed competitors of Torus Innovations
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Latest news on Torus Innovations
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Frequently Asked Questions about Torus Innovations
Torus Innovations was founded in 2016.
Torus Innovations is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
As of Mar 31, 2021, the latest employee count at Torus Innovations is 14.
Annual revenue of Torus Innovations is $31.13K as on Mar 31, 2021.
Torus Innovations is an RD lab and platform organization that delivers an AI-enabled, event-driven low-code development platform for building scalable applications. It focuses on sectors like open banking, payment processing, and insurance claims automation. The platform supports compliance with regulations and enables multi-tenant setups for enterprise needs. Based in Chennai and Tirunelveli, India, it collaborates with global partners to create domain-agnostic solutions quickly and efficiently.
Torus Innovations's top competitors include DigitalOcean, Heroku and Odoo.
Torus Innovations offers Torus Platform, Open Banking Solutions, Payment Hub, and Smart Claims Engine.