About True Sparrow
True Sparrow is a Technology company. True Sparrow is engaged in developing technology products. It operates on a SaaS (Software-as-a-Service) model. The company has 29 employees. Its Indian entity True Sparrow Systems Private Limited reported revenue of ₹4.10 Cr. True Sparrow offers products and services including Listener. Its focus areas include Software and Productivity Tools.
Company details
True Sparrow, formerly Folly Systems, is involved in creating consumer and enterprise technology products. The company collaborates with founders to build meaningful solutions and experiences. Their product, Listener, is designed to enhance productivity by bookmarking key moments in video calls and converting recordings into short clips. The startup operates with an agile and innovative approach, embracing chaos and learning from mistakes as part of their ethos.
- Employees 29
- SectorsTechnology
- Email••••••••
- Website folly.systems
- Social LinkedIn
- Legal Name True Sparrow Systems Pvt. Ltd
- Date of Incorporation 27 Jun, 2007
- Jurisdiction Vadodara, Gujarat, India
- Indian entity revenue₹4.10 Cr
FY 2025 · +9% YoY
- Indian entity net loss-₹8.51 Cr
FY 2025 · -208% margin
- Indian entity EBITDA-₹8.49 Cr
FY 2025 · -207% margin
- Employee Count29
Associated legal entities of True Sparrow
True Sparrow operates through True Sparrow Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| True Sparrow Systems Private Limited CIN U72900GJ2007PTC051215 | Active | 27 Jun 2007 | Vadodara, Gujarat | ₹4.1 Cr | 29 | 2 | View details |
Products & Services of True Sparrow
True Sparrow offers a comprehensive portfolio of products and services, including Listener.
Listener bookmarks key moments in video calls efficiently.
Board of directors of True Sparrow Systems Private Limited (True Sparrow)
True Sparrow Systems Private Limited is the primary company behind True Sparrow. The board of True Sparrow Systems Private Limited currently have 2 directors; the longest-serving is Sunil Khedar, appointed in 2015. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Khedar DIN 07182905 | Whole-time director | 30 Sep 2015 | 11 yrs | True Sparrow Systems Private Limited |
| Nishith Arunkumar Shah DIN 02409550 | Whole-time director | 05 May 2022 | 4 yrs 5 mo | True Sparrow Systems Private Limited |
Financials of True Sparrow
Figures of True Sparrow Systems Private Limited, the primary company behind True Sparrow, for FY 2025. Revenue was ₹4.10 Cr (+9% year on year). Net loss was -₹8.51 Cr (-208% margin). EBITDA was -₹8.49 Cr (-207% margin). Revenue has grown at a compounded annual rate of -26% over three years and -21% over five years.
- ₹4.10 CrRevenue · FY 2025 · +9% YoY
- -₹8.51 CrNet loss · -208% margin
- -₹8.49 CrEBITDA · -207% margin
- ₹1.3 LakhPaid-up capital
- 29Employees (provident fund records)
- -26%Revenue CAGR, 3 years
- -21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of True Sparrow Systems Private Limited are on its company page.
Detailed financial statements for True Sparrow
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Frequently Asked Questions about True Sparrow
True Sparrow has 29 employees.
The primary company behind True Sparrow, True Sparrow Systems Private Limited, reported revenue of ₹4.10 Cr for FY 2025, up 9% year on year.
True Sparrow, formerly Folly Systems, is involved in creating consumer and enterprise technology products. The company collaborates with founders to build meaningful solutions and experiences. Their product, Listener, is designed to enhance productivity by bookmarking key moments in video calls and converting recordings into short clips. The startup operates with an agile and innovative approach, embracing chaos and learning from mistakes as part of their ethos.
True Sparrow offers Listener.
True Sparrow operates through True Sparrow Systems Private Limited.
The legal entities of True Sparrow currently have 2 directors, including Nishith Arunkumar Shah, Sunil Khedar.