About UsefulBI
UsefulBI is a Technology company based in San Ramon (United States) founded in 2014 by Akshay Jain. It delivers comprehensive IT suite services for business needs. It operates on a B2B model. The company has 53 employees. Its Indian entity Usefulbi Private Limited reported revenue of ₹9.89 Cr. Its focus areas include IT Services, Business Solutions and IT Suites. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
UsefulBI delivers comprehensive it suite services for business needs through leveraging cutting-edge technology, providing IT services, business solutions, and it suites. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters San Ramon, United States
- Employees 53
- Founders Akshay Jain
- SectorsTechnology
- Website usefulbi.com
- Social LinkedIn X Facebook Instagram
- Legal Name Usefulbi Private Limited
- Date of Incorporation 14 Mar, 2020
- Jurisdiction Lucknow, Uttar Pradesh, India
- Indian entity revenue₹9.89 Cr
FY 2024 · +110% YoY
- Indian entity net profit₹35.6 Lakh
FY 2024 · 4% margin
- Indian entity EBITDA₹74.9 Lakh
FY 2024 · 8% margin
- Employee Count53
Associated legal entities of UsefulBI
UsefulBI operates through Usefulbi 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 |
|---|---|---|---|---|---|---|---|
| Usefulbi Private Limited CIN U74999UP2020PTC127837 | Active | 14 Mar 2020 | Lucknow, Uttar Pradesh | ₹9.9 Cr | 53 | 2 | View details |
Board of directors of Usefulbi Private Limited (UsefulBI)
Usefulbi Private Limited is the primary company behind UsefulBI. The board of Usefulbi Private Limited currently have 2 directors; the longest-serving is Uday Kumar Jain, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uday Kumar Jain DIN 08724083 | Director | 14 Mar 2020 | 6 yrs 7 mo | Usefulbi Private Limited |
| Nainy Jain DIN 10041360 | Director | 25 Jan 2023 | 3 yrs 8 mo | Usefulbi Private Limited |
People of UsefulBI
17 people are tracked at UsefulBI (2 in leadership, 15 in team); the tracked headcount is 53.
| Name | Role | Group |
|---|---|---|
Akshay Jain | Co-Founder, Managing Partner | Leadership |
Priyanka Dash | Director-human Resources | Leadership |
Sachin Halave | Python Developer | Team |
Vishal Parekh | Senior Software Engineer 1 | Team |
Riyaz Ulhuq | Tech Lead | Team |
Shravya Challa | Python Developer | Team |
Niharika Srivastava | HR Manager | Team |
Sri P. | Recruitment Specialist | Team |
Naini Jain | Associate Principal | Team |
Hussain Lokhandwala | Devops Engineer | Team |
Chetna J. | Bda/ HR (recruitment) | Team |
Abhishek Gautam | Lead Software Engineer | Team |
Faran Mohammad | Sr. Software Engineer I | Team |
Bhavitha D | Software Engineer | Team |
Karishma Danu | Software Engineer II | Team |
Vinay Maurya | Senior Software Engineer | Team |
Riti Dagar | HR IT Staffing | Team |
Complete people profiles for UsefulBI
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- Team structure
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Financials of UsefulBI
Figures of Usefulbi Private Limited, the primary company behind UsefulBI, for FY 2024. Revenue was ₹9.89 Cr (+110% year on year). Net profit was ₹35.6 Lakh (4% margin). EBITDA was ₹74.9 Lakh (8% margin). Revenue has grown at a compounded annual rate of +458% over three years.
- ₹9.89 CrRevenue · FY 2024 · +110% YoY
- ₹35.6 LakhNet profit · 4% margin
- ₹74.9 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- 53Employees (provident fund records)
- +458%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Usefulbi Private Limited are on its company page.
Detailed financial statements for UsefulBI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of UsefulBI
UsefulBI has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of UsefulBI
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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Top companies in IT Services & Operations
3 companies that operate in the same segment as UsefulBI (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Frequently Asked Questions about UsefulBI
UsefulBI was founded in 2014.
UsefulBI is headquartered in San Ramon, United States. It is registered at San Ramon, California, United States.
UsefulBI has 53 employees.
The primary company behind UsefulBI, Usefulbi Private Limited, reported revenue of ₹9.89 Cr for FY 2024, up 110% year on year.
UsefulBI delivers comprehensive it suite services for business needs through leveraging cutting-edge technology, providing IT services, business solutions, and it suites. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
UsefulBI operates through Usefulbi Private Limited.
The legal entities of UsefulBI currently have 2 directors, including Uday Kumar Jain, Nainy Jain.