About Vara Technology
Vara Technology is a Financial Services company based in Kolkata (India) by Abhishek Poddar and Ankur Basu. It provides tailored platforms in blockchain, cybersecurity, RFID, IoT, and 3D manufacturing solutions. It operates on a B2B model in Financial Services and Technology sectors. The company has 26 employees. Its Indian entity Vara Technology Private Limited reported revenue of ₹31.14 Cr. Vara Technology offers products and services including Blockchain Solutions, Cybersecurity Services, RFID Solutions, and 3D Printing Services. Its focus areas include FinTech, Blockchain Tech, Secure Transactions and Decentralized Networks. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Vara Technology offers innovative technology solutions including blockchain for secure transactions, cybersecurity for system protection, RFID for tracking, IoT for connectivity, 3D manufacturing for rapid prototyping, and data science for insights. They develop tailored platforms through research and design thinking, partnering with organizations and governments in sectors like BFSI and infrastructure. Headquartered in Kolkata, India, with offices in Navi Mumbai and Gurugram, they drive digital transformation for diverse clients.
- Headquarters Kolkata, India
- Employees 26
- Founders Abhishek Poddar, Ankur Basu
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website varatechnology.com
- Social LinkedIn X Facebook
- Legal Name Vara Technology Private Limited
- Date of Incorporation 14 Sep, 1999
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹31.14 Cr
FY 2025 · -39% YoY
- Net Profit₹3.37 Cr
FY 2025 · 11% margin
- EBITDA₹8.91 Cr
FY 2025 · 29% margin
- Employee Count26
Associated legal entities of Vara Technology
Vara Technology is associated with 2 registered companies on The Company Check; the primary company is Vara Technology Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vara Technology Private Limited CIN U30009WB1999PTC090277 | Active | 14 Sep 1999 | Kolkata, West Bengal | ₹31.1 Cr | 26 | 2 | View details |
| Nec Corporation India Private Limited CIN U72300DL2006FTC151472 | Active | 01 Aug 2006 | New Delhi, Delhi | ₹1,015 Cr | 1,433 | 16 | View details |
Products & Services of Vara Technology
Vara Technology offers a comprehensive portfolio of products and services, including Blockchain Solutions, Cybersecurity Services, RFID Solutions, and 3D Printing Services.
Secure platform for recording and tracking transactions in business networks.
Protection of systems, networks, and programs from digital attacks and threats.
System for identifying and tracking tags attached to objects in real-time.
Additive process creating physical objects from digital designs for prototyping.
Board of directors of Vara Technology Private Limited (Vara Technology)
Vara Technology Private Limited is the primary company behind Vara Technology. The boards of the 2 registered companies of Vara Technology currently have 16 directors; the longest-serving is Vishal Arora, appointed in 2018. 55 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishal Arora DIN 08102887 | Director | 06 Dec 2018 | 7 yrs 11 mo | Vara Technology Private Limited |
| Anil Gupta DIN 01811112 | Director | 31 Jan 2022 | 4 yrs 9 mo | Vara Technology Private Limited |
| Mitsuhiro Murooka DIN 07248744 | Director | 06 Jun 2022 | 4 yrs 5 mo | Nec Corporation India Private Limited |
| Eiji Takei DIN 10298225 | Director | 26 Sep 2023 | 3 yrs 1 mo | Nec Corporation India Private Limited |
| Koichiro Moroishi DIN 10323443 | Director | 26 Sep 2023 | 3 yrs 1 mo | Nec Corporation India Private Limited |
| Arihiko Yamazaki DIN 10323200 | Director | 26 Sep 2023 | 3 yrs 1 mo | Nec Corporation India Private Limited |
| Tatsuya Oki DIN 10707707 | Director | 02 Sep 2024 | 2 yrs 2 mo | Nec Corporation India Private Limited |
| Arohan Massey DIN 10748591 | Whole-time director | 20 Sep 2024 | 2 yrs 1 mo | Nec Corporation India Private Limited |
| Mahesha Divakara DIN 10986244 | Whole-time director | 18 Mar 2025 | 1 yr 7 mo | Nec Corporation India Private Limited |
| Yasushi Tanabe DIN 11300655 | Director | 26 Sep 2025 | 1 yr 1 mo | Nec Corporation India Private Limited |
| Dibyalochan Ojha DIN 07519909 | Additional Director | 13 May 2026 | 6 mo | Nec Corporation India Private Limited |
| Ichiro Kurihara DIN 11685822 | Managing Director | 13 May 2026 | 6 mo | Nec Corporation India Private Limited |
| Christopher Richard Jackson DIN 11694826 | Additional Director | 13 May 2026 | 6 mo | Nec Corporation India Private Limited |
| Yutaka Hashimoto DIN 11692704 | Additional Director | 07 Jul 2026 | 4 mo | Nec Corporation India Private Limited |
| Kaori Iwafuchi DIN 11704604 | Additional Director | 07 Jul 2026 | 4 mo | Nec Corporation India Private Limited |
| Makoto Shirai DIN 11706925 | Additional Director | 07 Jul 2026 | 4 mo | Nec Corporation India Private Limited |
People of Vara Technology
12 people are tracked at Vara Technology (6 in leadership, 6 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Abhishek Poddar | Co-Founder | Leadership |
Ankur Basu | ex-Co-Founder | Leadership |
| CEO | Leadership | |
Jay Kumar Mn | Business Head | Leadership |
Faiyaz Sheikh | Head Of Administration | Leadership |
Col Inderjeet Singh (Dr.) | Chief Cyber Officer | Leadership |
Manish Kumar | Windows System Administrator | Team |
Sushmith Chevuru | Human Resources Executive | Team |
Sonia Jethwani | Associate (talent Aquisition) | Team |
Aratrika Sarkar | Human Resources Associate | Team |
Vijay Shirsath | Back Office Employee | Team |
Payal S. | Associate Manager Talent Acquisition | Team |
Complete people profiles for Vara Technology
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Financials of Vara Technology
Figures of Vara Technology Private Limited, the primary company behind Vara Technology, for FY 2025. Revenue was ₹31.14 Cr (-39% year on year). Net profit was ₹3.37 Cr (11% margin). EBITDA was ₹8.91 Cr (29% margin). Revenue has grown at a compounded annual rate of -19% over three years and +10% over five years.
- ₹31.14 CrRevenue · FY 2025 · -39% YoY
- ₹3.37 CrNet profit · 11% margin
- ₹8.91 CrEBITDA · 29% margin
- ₹10 LakhPaid-up capital
- 26Employees (provident fund records)
- -19%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vara Technology Private Limited are on its company page.
Detailed financial statements for Vara Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Vara Technology
Vara Technology has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Vara Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Vara Technology
The website of Vara Technology (varatechnology.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 45.8% vs previous month
Websites whose visitors overlap most with Vara Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
fedisa.co.in | fedisa.co.in | 100% | #7,226,838 | – |
Top companies in Decentralized Finance
3 companies that operate in the same segment as Vara Technology (Decentralized Finance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A seed investment fund that targets early-stage blockchain startups. | 2018 | Mumbai, Maharashtra, India | ||||
Offers IT consulting, development, and support for software and blockchain needs. | 2012 | Indore, Madhya Pradesh, India | USD 5.89 M | 189 | ||
Provides mobile app development, blockchain solutions, and AI services for businesses. | 2013 | Chandigarh, India | USD 2.05 M | 86 |
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Related news about Vara Technology
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Frequently Asked Questions about Vara Technology
Vara Technology is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Vara Technology has 26 employees.
The primary company behind Vara Technology, Vara Technology Private Limited, reported revenue of ₹31.14 Cr for FY 2025, down 39% year on year.
Vara Technology offers innovative technology solutions including blockchain for secure transactions, cybersecurity for system protection, RFID for tracking, IoT for connectivity, 3D manufacturing for rapid prototyping, and data science for insights. They develop tailored platforms through research and design thinking, partnering with organizations and governments in sectors like BFSI and infrastructure. Headquartered in Kolkata, India, with offices in Navi Mumbai and Gurugram, they drive digital transformation for diverse clients.
Vara Technology's top competitors include Happiest Minds and Datamatics.
Vara Technology offers Blockchain Solutions, Cybersecurity Services, RFID Solutions, and 3D Printing Services.
Vara Technology is associated with 2 legal entities: Vara Technology Private Limited, Nec Corporation India Private Limited.
The legal entities of Vara Technology currently have 17 directors, including Eiji Takei, Koichiro Moroishi, Arihiko Yamazaki and others.