About Valtrix
Valtrix is a Business Services company based in Bengaluru (India) founded in 2015 by Shajid Thiruvathodi, and was acquired by Synopsys in July 2024. It operates in the Business Services and Technology sectors. Its Indian entity Valtrix Technologies Private Limited reported revenue of ₹15.31 Cr. Its focus areas include IT Services, ERP, Digital Transformation Services and ERP Implementation. Its competitors include Bluespec, Jasper DA, Berkeley Design Automation, Azuro and X-EPIC and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Developer of customized S4 Hana solutions optimizing TCO and technology control. It specializes in design verification products for creating accurate CPU and SoC implementations, particularly for RISC-V-based systems. Their flagship product, STING, offers comprehensive design verification with advanced test stimulus and high portability. It delivers end-to-end implementation and support for the transformation journey. It ensures seamless integration, rapid deployment, and sustainable value realization.
- Headquarters Bengaluru, India
- Founders Shajid Thiruvathodi
- SectorsBusiness ServicesTechnology
- Website valtrix.in
- Social LinkedIn X Facebook
- Acquired by Synopsys (Jul 2024)
- Legal Name Valtrix Technologies Private Limited
- Date of Incorporation 20 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Valtrix
Valtrix operates through Valtrix Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Valtrix Technologies Private Limited CIN U72900KA2016PTC095141 | Amalgamated | 20 Jul 2016 | Bangalore, Karnataka | ₹15.3 Cr | – | 3 | View details |
Investors in Valtrix
Valtrix has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Synopsys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electronic design automation solutions are provided for semiconductor systems. | 1986 | synopsys.com | United States |
Investor details for Valtrix
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Board of directors of Valtrix Technologies Private Limited (Valtrix)
Valtrix Technologies Private Limited is the primary company behind Valtrix. The board of Valtrix Technologies Private Limited currently have 3 directors; the longest-serving is Shubhodeep Roy Choudhury, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubhodeep Roy Choudhury DIN 07564511 | Director | 20 Jul 2016 | 10 yrs 2 mo | Valtrix Technologies Private Limited |
| Sathyamoorthy Ramaiah DIN 10561370 | Director | 01 Jul 2024 | 2 yrs 3 mo | Valtrix Technologies Private Limited |
| Rituparna Mandal DIN 06470984 | Director | 01 Jul 2024 | 2 yrs 3 mo | Valtrix Technologies Private Limited |
People of Valtrix
1 people are tracked at Valtrix (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership |
Complete people profiles for Valtrix
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Financials of Valtrix
Figures of Valtrix Technologies Private Limited, the primary company behind Valtrix, for FY 2024. Revenue was ₹15.31 Cr (-16% year on year). Net profit was ₹20.6 Lakh (1% margin). EBITDA was ₹82 Lakh (5% margin). Revenue has grown at a compounded annual rate of +28% over three years and +45% over five years.
- ₹15.31 CrRevenue · FY 2024 · -16% YoY
- ₹20.6 LakhNet profit · 1% margin
- ₹82 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +28%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Valtrix Technologies Private Limited are on its company page.
Detailed financial statements for Valtrix
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Timeline of Valtrix
2 dated milestones of Valtrix across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Valtrix is founded.
- Exit Acquired by Synopsys.
Competitors of Valtrix
Valtrix has 9 listed competitors in our database, 9 of them funded. They include Bluespec, Jasper DA, Berkeley Design Automation, Azuro and X-EPIC, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bluespec.com | 2003 | Framingham, United States | $26.75M | – | Electronic design synthesis tools for ICs and FPGAs are provided. | |
| jasper-da.com | 1999 | Mountain View, United States | $12.5M | – | EDA company developing verification system that provides bug detection and debugging solutions | |
| berkeley-da.com | 2003 | Santa Clara, United States | $19.32M | – | Unified verification platform solutions | |
| azuro.com | 2002 | Santa Clara, United States | $12M | – | CCOPT technology is offered for embedded processors and SOCs. | |
| x-epic.com | 2020 | China | $45.52M | – | IoT and AI services are provided by X-EPIC. | |
| cycuity.com | 2014 | San Jose, United States | $2M | 25 | Cyber security services are provided to clients by Cycuity. | |
| intrinsity.com | 1997 | Austin, United States | $92.5M | – | Tools and technology to improve speed in digital logic designs | |
| diakopto.com | 2017 | San Jose, United States | $2.52M | 7 | Developer of EDA software tools for design analysis and optimization of ICs | |
| realintent.com | 1999 | Sunnyvale, United States | $35.5M | 37 | Early Functional Verification and Advanced Sign-off |
Detailed competitors of Valtrix
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Top companies in Digital Transformation & Automation Services
10 companies that operate in the same segment as Valtrix (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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Related news about Valtrix
Complete news archive for Valtrix
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Frequently Asked Questions about Valtrix
Valtrix was founded in 2015.
Valtrix is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Valtrix, Valtrix Technologies Private Limited, reported revenue of ₹15.31 Cr for FY 2024, down 16% year on year.
Developer of customized S4 Hana solutions optimizing TCO and technology control. It specializes in design verification products for creating accurate CPU and SoC implementations, particularly for RISC-V-based systems. Their flagship product, STING, offers comprehensive design verification with advanced test stimulus and high portability. It delivers end-to-end implementation and support for the transformation journey. It ensures seamless integration, rapid deployment, and sustainable value realization.
Valtrix has 1 investor. Key investors include Synopsys.
Valtrix operates through Valtrix Technologies Private Limited.
Yes. Valtrix was acquired by Synopsys in July 2024.
The legal entities of Valtrix currently have 3 directors, including Sathyamoorthy Ramaiah, Rituparna Mandal, Shubhodeep Roy Choudhury.

