About Towers Infotech
Towers Infotech is a Business Services company based in Bengaluru (India) founded in 1992. It delivers a comprehensive suite of IT services to enhance daily business operations. It operates on a B2B model. Its Indian entity Towers Infotech Private Limited reported revenue of ₹16.75 Cr. Its focus areas include Technology, IT Services, Business Solutions and Consulting. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Towers Infotech, founded in 1992 in Bengaluru, India, focuses on leveraging cutting-edge technology, providing IT services, business solutions, and offering consulting services. Delivers a comprehensive suite of IT services to enhance daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- SectorsBusiness Services
- Email••••••••
- Website towersinfotech.com
- Legal Name Towers' Infotech Private Limited
- Date of Incorporation 20 Oct, 2000
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹16.75 Cr
FY 2024 · +1% YoY
- Net Profit₹73.5 Lakh
FY 2024 · 4% margin
- EBITDA₹1.21 Cr
FY 2024 · 7% margin
Associated legal entities of Towers Infotech
Towers Infotech operates through Towers Infotech 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 |
|---|---|---|---|---|---|---|---|
| Towers Infotech Private Limited CIN U85110KA2000PTC028004 | Active | 20 Oct 2000 | Bangalore, Karnataka | ₹16.8 Cr | 2 | View details |
Board of directors of Towers Infotech Private Limited (Towers Infotech)
Towers Infotech Private Limited is the primary company behind Towers Infotech. The board of Towers Infotech Private Limited currently have 2 directors; the longest-serving is Prakash Nagabushan, appointed in 2000.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Nagabushan DIN 00998992 | Director | 20 Oct 2000 | 26 yrs | Towers Infotech Private Limited |
| Ramanujapuram Manikernike Srivas DIN 00946072 | Director | 20 Oct 2000 | 26 yrs | Towers Infotech Private Limited |
Financials of Towers Infotech
Figures of Towers Infotech Private Limited, the primary company behind Towers Infotech, for FY 2024. Revenue was ₹16.75 Cr (+1% year on year). Net profit was ₹73.5 Lakh (4% margin). EBITDA was ₹1.21 Cr (7% margin). Revenue has grown at a compounded annual rate of +20% over three years and +16% over five years.
- ₹16.75 CrRevenue · FY 2024 · +1% YoY
- ₹73.5 LakhNet profit · 4% margin
- ₹1.21 CrEBITDA · 7% margin
- ₹4.6 LakhPaid-up capital
- +20%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Towers Infotech Private Limited are on its company page.
Detailed financial statements for Towers Infotech
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Competitors of Towers Infotech
Towers 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 Towers Infotech
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Top companies in Professional Consulting & Advisory
3 companies that operate in the same segment as Towers Infotech (Professional Consulting & Advisory) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
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 |
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Frequently Asked Questions about Towers Infotech
Towers Infotech was founded in 1992.
Towers Infotech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Towers Infotech, Towers Infotech Private Limited, reported revenue of ₹16.75 Cr for FY 2024, up 1% year on year.
Towers Infotech, founded in 1992 in Bengaluru, India, focuses on leveraging cutting-edge technology, providing IT services, business solutions, and offering consulting services. Delivers a comprehensive suite of IT services to enhance daily business operations. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Towers Infotech's top competitors include Happiest Minds and Datamatics.
Towers Infotech operates through Towers Infotech Private Limited.
The legal entities of Towers Infotech currently have 2 directors, including Prakash Nagabushan, Ramanujapuram Manikernike Srivas.