About TraceREADY
TraceREADY is a company based in Chennai (India) founded in 2011. It operates as a B2B. TraceREADY operates in a competitive market with competitors including Trimble, FourKites, ORBCOMM, Amber Road and Everstream Analytics, among others.
- Headquarter Chennai, India
- Employees 215
- SectorsHealthcare
- Website traceready.com
- Legal Name Navitas Llp
- Date of Incorporation 13 Nov, 2009
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹45.95 Cr
FY 2023 · -64% YoY
- Employee Count215
Associated legal entities of TraceREADY
TraceREADY is associated with 2 registered companies on The Company Check; the primary company is Navitas Llp. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Navitas Llp CIN AAA-0367 | Active | 13 Nov 2009 | Chennai, Tamil Nadu | ₹46.0 Cr | 215 | 2 | View details |
| Navitas Life Sciences Private Limited CIN U51909TG2010PTC069483 | Strike Off | 14 Jul 2010 | Hyderabad, Telangana | – | – | 2 | View details |
Board of directors of Navitas Llp (TraceREADY)
Navitas Llp is the primary company behind TraceREADY. The boards of the 2 registered companies of TraceREADY currently have 4 directors; the longest-serving is Sukuru Vijaya Lakshmi, appointed in 2010. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sukuru Vijaya Lakshmi DIN 03054880 | Director | 14 Jul 2010 | 16 yrs 2 mo | Navitas Life Sciences Private Limited |
| Sapharu Sreenivasa Rama Ravi Prasad DIN 02424857 | Director | 14 Jul 2010 | 16 yrs 2 mo | Navitas Life Sciences Private Limited |
| Shobana DIN 01649318 | Designated Partner | 24 Jun 2020 | 6 yrs 3 mo | Navitas Llp |
| Vedamirtham Venkatesan DIN 00194600 | Designated Partner | 31 Jul 2022 | 4 yrs 2 mo | Navitas Llp |
Financials of TraceREADY
Figures of Navitas Llp, the primary company behind TraceREADY, for FY 2023. Revenue was ₹45.95 Cr (-64% year on year). Revenue has grown at a compounded annual rate of -25% over three years and -17% over five years.
- ₹45.95 CrRevenue · FY 2023 · -64% YoY
- 215Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Navitas Llp are on its company page.
Detailed financial statements for TraceREADY
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- Statement rows
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Verified entity values are shown only after access is granted.
Competitors of TraceREADY
TraceREADY 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 Trimble, FourKites, ORBCOMM, Amber Road and Everstream Analytics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trimble.com | 1978 | Sunnyvale, United States | – | 12,700 | Cloud-based positioning solutions are offered for industrial sectors. | |
| fourkites.com | 2014 | Chicago, United States | $243.3M | 301 | AI and web-based visibility solutions for supply chains are developed. | |
| orbcomm.com | 1993 | Rochelle Park, United States | $136M | 305 | M2M communication solutions for asset tracking and management are provided. | |
| amberroad.com | 1990 | East Rutherford, United States | $69.12M | 315 | Cloud-based global trade management solutions are provided to enterprises. | |
| everstream.ai | 2021 | San Marcos, United States | $74M | 28 | Supply chain risks are analyzed via AI and SaaS platforms. | |
| sourcemap.com | 2011 | New York, United States | $31.2M | – | Cloud-based supply chain tracking and tracing solutions are provided. | |
| scantrust.com | 2014 | Beijing, China | $5.53M | – | Copy-proof QR codes are provided for counterfeiting protection. | |
| trustrace.com | 2016 | Coimbatore, India | $30M | 133 | Blockchain-based traceability and sustainability solutions for the fashion industry |
Detailed competitors of TraceREADY
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to TraceREADY
10 companies that operate in the same segment as TraceREADY (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pharmaceutical products are manufactured and marketed worldwide. | 1891 | Kenilworth, Warwickshire, United Kingdom | – | USD 64.93 B | 781 | |
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed. | 2014 | New York, New York, United States | USD 1.3 B | USD 8.26 M | 750 | |
Developer of pharmaceutical products for treating multiple diseases | 1980 | Thousand Oaks, California, United States | – | USD 33.23 B | 28,000 | |
Biopharmaceutical research and drug development are conducted globally by AbbVie. | 2012 | Chicago, Illinois, United States | – | USD 61.16 B | 55,000 | |
Traditional pharmaceutical medicines are developed for multiple health fields. | 1876 | United States | – | USD 65.18 B | 47,000 | |
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others | 1987 | Foster City, California, United States | – | USD 29.45 B | 17,600 | |
Novel therapeutics are discovered using an AI-enabled drug platform. | 2013 | New York, New York, United States | USD 456.66 M | USD 74.68 M | – | |
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology. | 1993 | San Francisco, California, United States | USD 215.5 M | USD 29.62 M | 225 | |
Developer of medical devices, generic pharmaceuticals, and nutrition products | 1888 | Libertyville, Illinois, United States | – | USD 44.33 B | 3,710 | |
Medicines and health products are retailed through pharmacy outlets. | 2006 | Hyderabad, Telangana, India | USD 268.78 M | USD 734.57 M | 25,010 |
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Frequently Asked Questions about TraceREADY
TraceREADY was founded in 2011.
TraceREADY is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
TraceREADY has 215 employees.
The primary company behind TraceREADY, Navitas Llp, reported revenue of ₹45.95 Cr for FY 2023, down 64% year on year.
TraceREADY, founded in 2011 in Chennai, India, focuses on providing healthcare solutions, producing pharmaceutical products, managing supply chains, and track and trace. Offers track and trace solutions for biomedical and pharmaceutical companies to ensure compliance and minimize errors. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
TraceREADY is associated with 2 legal entities: Navitas Llp, Navitas Life Sciences Private Limited.
The legal entities of TraceREADY currently have 4 directors, including Shobana, Vedamirtham Venkatesan, Sukuru Vijaya Lakshmi and others.