About Utile Tech
Utile Tech is a Technology company based in Sterling (United States) founded in 2008 by Vikas Bhalotia. It delivers comprehensive technology consulting services to businesses. It operates on a B2B model. The company has 1 employees. Its Indian entity Utile Software Solutions Private Limited reported revenue of ₹82.7 Lakh. Its focus areas include Consulting, IT Services and Technology Solutions. Its competitors include MetaSource, SkillStorm and Ascendum.
Company details
Utile Tech, led by Vikas Bhalotia as Co-Founder, specializes in leveraging cutting-edge technology, offering consulting services, providing IT services, and technology solutions. Delivers comprehensive technology consulting services to businesses. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Sterling, United States
- Employees 1
- Founders Vikas Bhalotia
- SectorsTechnology
- Website utiletech.com
- Social X
- Legal Name Utile Software Solutions Private Limited
- Date of Incorporation 01 Apr, 2009
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹82.7 Lakh
FY 2024 · +27% YoY
- Indian entity net profit₹71.8 Lakh
FY 2024 · 87% margin
- Indian entity EBITDA₹81.3 Lakh
FY 2024 · 98% margin
- Employee Count1
Associated legal entities of Utile Tech
Utile Tech operates through Utile Software Solutions Private Limited (converted to llp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Utile Software Solutions Private Limited CIN U72200KA2009PTC049502 | Converted To Llp | 01 Apr 2009 | Bangalore, Karnataka | ₹0.8 Cr | 1 | 2 | View details |
Board of directors of Utile Software Solutions Private Limited (Utile Tech)
Utile Software Solutions Private Limited is the primary company behind Utile Tech. The board of Utile Software Solutions Private Limited currently have 2 directors; the longest-serving is Vikas Kumar Bhalotia, appointed in 2009. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Kumar Bhalotia DIN 02477520 | Director | 01 Apr 2009 | 17 yrs 7 mo | Utile Software Solutions Private Limited |
| Puja Bhalotia DIN 06470718 | Managing Director | 15 Jan 2013 | 13 yrs 9 mo | Utile Software Solutions Private Limited |
People of Utile Tech
1 people are tracked at Utile Tech (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Utile Tech
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Financials of Utile Tech
Figures of Utile Software Solutions Private Limited, the primary company behind Utile Tech, for FY 2024. Revenue was ₹82.7 Lakh (+27% year on year). Net profit was ₹71.8 Lakh (87% margin). EBITDA was ₹81.3 Lakh (98% margin). Revenue has grown at a compounded annual rate of -12% over three years and -3% over five years.
- ₹82.7 LakhRevenue · FY 2024 · +27% YoY
- ₹71.8 LakhNet profit · 87% margin
- ₹81.3 LakhEBITDA · 98% margin
- ₹4 LakhPaid-up capital
- 1Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Utile Software Solutions Private Limited are on its company page.
Detailed financial statements for Utile Tech
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Competitors of Utile Tech
Utile Tech has 3 listed competitors in our database. They include MetaSource, SkillStorm and Ascendum.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metasource.com | 2003 | Draper, United States | 587 | Digital transformation solutions focused on business process outsourcing are provided. | ||
| skillstorm.com | 2002 | Fort Lauderdale, United States | 308 | Application development services are provided through custom teams. | ||
| ascendum.com | 2008 | Blue Ash, United States | 579 | IT and HR services are delivered across key industries. |
Detailed competitors of Utile Tech
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Utile Tech (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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Related news about Utile Tech
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Frequently Asked Questions about Utile Tech
Utile Tech was founded in 2008.
Utile Tech is headquartered in Sterling, United States.
Utile Tech has 1 employees.
The primary company behind Utile Tech, Utile Software Solutions Private Limited, reported revenue of ₹82.7 Lakh for FY 2024, up 27% year on year.
Utile Tech, led by Vikas Bhalotia as Co-Founder, specializes in leveraging cutting-edge technology, offering consulting services, providing IT services, and technology solutions. Delivers comprehensive technology consulting services to businesses. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Utile Tech's top competitors include SkillStorm, MetaSource and Ascendum.
Utile Tech operates through Utile Software Solutions Private Limited.
The legal entities of Utile Tech currently have 2 directors, including Puja Bhalotia, Vikas Kumar Bhalotia.