About Truequations
Truequations is a Business Services company based in Hyderabad (India) founded in 2020 by Rakesh Kasa. Truequations specializes in custom software development, digital transformation, and offshore product development for enterprises. It operates on a B2B model. The company has 1 employees. Its chief executive is Rakesh Kasa. Its Indian entity Truequations Private Limited reported revenue of ₹3.36 Cr. Its focus areas include Technology, Information Technology, Software Development and Digital Transformation. Its competitors include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Truequations, established in 2020, excels in leveraging cutting-edge technology, information technology, creating custom software solutions, and driving digital transformation. Truequations specializes in custom software development, digital transformation, and offshore product development for enterprises. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- Employees 1
- Founders Rakesh Kasa
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website truequations.com
- Social LinkedIn X Facebook YouTube
- Legal Name Truequations Private Limited
- Date of Incorporation 16 Oct, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹3.36 Cr
FY 2024 · +50% YoY
- Net Profit₹5.3 Lakh
FY 2024 · 2% margin
- EBITDA₹12.2 Lakh
FY 2024 · 4% margin
- Employee Count1
Associated legal entities of Truequations
Truequations operates through Truequations 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 |
|---|---|---|---|---|---|---|---|
| Truequations Private Limited CIN U72900TG2020PTC144931 | Active | 16 Oct 2020 | Hyderabad, Telangana | ₹3.4 Cr | – | 2 | View details |
Apps and channels of Truequations
its YouTube channel TruEquations has 64 subscribers and 9 videos.
Videos from Truequations
The most watched videos on Truequations's YouTube channel, TruEquations (64 subscribers). Click a video to play it here.
More on TruEquations.
Board of directors of Truequations Private Limited (Truequations)
Truequations Private Limited is the primary company behind Truequations. The board of Truequations Private Limited currently have 2 directors; the longest-serving is Rakesh Kasa, appointed in 2024. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Kasa DIN 09702571 | Director | 17 Dec 2024 | 1 yr 9 mo | Truequations Private Limited |
| Srujan Kumar Kasa DIN 08858498 | Director | 06 Oct 2025 | 1 yr | Truequations Private Limited |
People of Truequations
3 people are tracked at Truequations (1 in leadership, 2 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership | |
Ramita Kapoor | sales | Team |
Anil Kumar | AVP- Growth& Operations | Team |
Complete people profiles for Truequations
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Financials of Truequations
Figures of Truequations Private Limited, the primary company behind Truequations, for FY 2024. Revenue was ₹3.36 Cr (+50% year on year). Net profit was ₹5.3 Lakh (2% margin). EBITDA was ₹12.2 Lakh (4% margin). Revenue has grown at a compounded annual rate of +226% over three years.
- ₹3.36 CrRevenue · FY 2024 · +50% YoY
- ₹5.3 LakhNet profit · 2% margin
- ₹12.2 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +226%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Truequations Private Limited are on its company page.
Detailed financial statements for Truequations
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Truequations
Truequations has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of Truequations
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- Full competitor set
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Top companies in Digital Transformation & Automation Services
10 companies that operate in the same segment as Truequations (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 4,620 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | USD 2.64 M | USD 11.22 B | 35,800 | |
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | – | 35 | |
Provider of end-to-end business process outsourcing services | 1997 | New York, New York, United States | – | USD 5.08 B | 140,000 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 19.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | Koto, Tokyo, Japan | – | USD 31.05 B | 197,780 |
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Frequently Asked Questions about Truequations
Truequations was founded in 2020.
Truequations is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Rakesh Kasa is the current CEO of Truequations. They have also founded this company.
Truequations has 1 employees.
The primary company behind Truequations, Truequations Private Limited, reported revenue of ₹3.36 Cr for FY 2024, up 50% year on year.
Truequations, established in 2020, excels in leveraging cutting-edge technology, information technology, creating custom software solutions, and driving digital transformation. Truequations specializes in custom software development, digital transformation, and offshore product development for enterprises. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Truequations's top competitors include Hedgehog lab, AlmavivA and AKQA.
Truequations operates through Truequations Private Limited.
The legal entities of Truequations currently have 2 directors, including Rakesh Kasa, Srujan Kumar Kasa.