About Varaneek Technologies
Varaneek Technologies is a Technology company based in Hyderabad (India). It delivers a comprehensive suite of IT services to enhance daily business operations. It operates on a B2B model. Its Indian entity Varaneek Technologies Private Limited reported revenue of ₹6.56 Cr. Its focus areas include IT Services, Business Operations and Support Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Varaneek Technologies operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, business operations, and support solutions. Delivers a comprehensive suite of IT services to enhance daily business operations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Hyderabad, India
- SectorsTechnology
- Website varaneektech.com
- Legal Name Varaneek Technologies Private Limited
- Date of Incorporation 10 Mar, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹6.56 Cr
FY 2025 · +72% YoY
- Net Profit₹7 Lakh
FY 2025 · 1% margin
- EBITDA₹58.1 Lakh
FY 2025 · 9% margin
Associated legal entities of Varaneek Technologies
Varaneek Technologies operates through Varaneek Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varaneek Technologies Private Limited CIN U72900TG2017PTC115814 | Active | 10 Mar 2017 | Hyderabad, Telangana | ₹6.6 Cr | 2 | View details |
Board of directors of Varaneek Technologies Private Limited (Varaneek Technologies)
Varaneek Technologies Private Limited is the primary company behind Varaneek Technologies. The board of Varaneek Technologies Private Limited currently have 2 directors; the longest-serving is Nitish Reddy Meka, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitish Reddy Meka DIN 07746210 | Director | 10 Mar 2017 | 9 yrs 7 mo | Varaneek Technologies Private Limited |
| Swetha Gattupally DIN 08386907 | Director | 07 Mar 2019 | 7 yrs 7 mo | Varaneek Technologies Private Limited |
Financials of Varaneek Technologies
Figures of Varaneek Technologies Private Limited, the primary company behind Varaneek Technologies, for FY 2025. Revenue was ₹6.56 Cr (+72% year on year). Net profit was ₹7 Lakh (1% margin). EBITDA was ₹58.1 Lakh (9% margin). Revenue has grown at a compounded annual rate of +135% over three years and +116% over five years.
- ₹6.56 CrRevenue · FY 2025 · +72% YoY
- ₹7 LakhNet profit · 1% margin
- ₹58.1 LakhEBITDA · 9% margin
- ₹30 LakhPaid-up capital
- +135%Revenue CAGR, 3 years
- +116%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Varaneek Technologies Private Limited are on its company page.
Detailed financial statements for Varaneek Technologies
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Competitors of Varaneek Technologies
Varaneek Technologies 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 Varaneek Technologies
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Frequently Asked Questions about Varaneek Technologies
Varaneek Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Varaneek Technologies, Varaneek Technologies Private Limited, reported revenue of ₹6.56 Cr for FY 2025, up 72% year on year.
Varaneek Technologies operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, business operations, and support solutions. Delivers a comprehensive suite of IT services to enhance daily business operations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Varaneek Technologies's top competitors include Happiest Minds and Datamatics.
Varaneek Technologies operates through Varaneek Technologies Private Limited.
The legal entities of Varaneek Technologies currently have 2 directors, including Swetha Gattupally, Nitish Reddy Meka.