About Varenya Softech
Varenya Softech was a Technology company based in Mumbai (India) founded in 2014 by Mayank Maitreya. It provides AI-powered BPO and KPO services to optimize business processes across sectors. It operates on a B2B model in Technology and Financial Services sectors. Its chief executive, as recorded, is Mayank Maitreya. Its Indian entity Varenya Netshield Security Solutions Private Limited reported revenue of ₹15.5 Lakh. The company is recorded as dissolved. Varenya Softech offers products and services including Healthcare Claims Processing, Patient Support Services, Fraud Detection, and Personalized Customer Experience. Its focus areas include Healthcare, Healthcare Tech, Claims Processing and AI Automation. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
NextGen Solutions specializes in Business Process Outsourcing and Knowledge Process Outsourcing, utilizing AI and analytics to enhance efficiency and innovation. They deliver tailored solutions for industries like healthcare, banking, retail, and telecommunications through advanced technology. Based in Bangkok, Thailand, the company focuses on streamlining operations and supporting global clients with data-driven insights and operational excellence.
- Headquarters Mumbai, India
- Founders Mayank Maitreya
- SectorsTechnologyFinancial Services
- Email••••••••
- Website varenyasoftech.com
- Social X
- Legal Name Varenya Netshield Security Solutions Private Limited
- Date of Incorporation 18 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹15.5 Lakh
FY 2020 · -22% YoY
- Net Profit₹67,104
FY 2020 · 4% margin
- EBITDA₹6.6 Lakh
FY 2020 · 42% margin
Associated legal entities of Varenya Softech
Varenya Softech is associated with 2 registered companies on The Company Check; the primary company is Varenya Netshield Security Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varenya Netshield Security Solutions Private Limited CIN U72200KA2017PTC105638 | Active | 18 Aug 2017 | Bangalore, Karnataka | ₹0.2 Cr | 6 | View details | |
| Varenya Softech Private Limited CIN U72200KA2014PTC074506 | Active | 01 Apr 2014 | Bangalore, Karnataka | ₹0.1 Cr | 4 | View details |
Products & Services of Varenya Softech
Varenya Softech offers a comprehensive portfolio of products and services, including Healthcare Claims Processing, Patient Support Services, Fraud Detection, and Personalized Customer Experience.
Automates healthcare claims to reduce errors and processing times.
Enhances patient care through AI virtual assistants for engagement.
Uses AI algorithms to identify and prevent fraudulent activities in banking.
Delivers AI-based recommendations for improved e-commerce interactions.
Board of directors of Varenya Netshield Security Solutions Private Limited (Varenya Softech)
Varenya Netshield Security Solutions Private Limited is the primary company behind Varenya Softech. The boards of the 2 registered companies of Varenya Softech currently have 5 directors; the longest-serving is Pooja Maitreya, appointed in 2014. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pooja Maitreya DIN 06831519 | Director | 15 May 2014 | 12 yrs 5 mo | Varenya Softech Private Limited, Varenya Netshield Security Solutions Private Limited |
| Sarpreet Singh Sawhney DIN 07946696 | Director | 17 Nov 2017 | 8 yrs 11 mo | Varenya Softech Private Limited, Varenya Netshield Security Solutions Private Limited |
| Shaik Mohammed Iliyas DIN 08697778 | Director | 13 Feb 2020 | 6 yrs 8 mo | Varenya Softech Private Limited, Varenya Netshield Security Solutions Private Limited |
| Nasreen Abdul Sattar Shaikh DIN 09073002 | Additional Director | 24 May 2021 | 5 yrs 5 mo | Varenya Netshield Security Solutions Private Limited |
| Ankita Ashok Thakekar DIN 09051899 | Additional Director | 24 May 2021 | 5 yrs 5 mo | Varenya Netshield Security Solutions Private Limited |
People of Varenya Softech
1 people are tracked at Varenya Softech (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Varenya Softech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Varenya Softech
Figures of Varenya Netshield Security Solutions Private Limited, the primary company behind Varenya Softech, for FY 2020. Revenue was ₹15.5 Lakh (-22% year on year). Net profit was ₹67,104 (4% margin). EBITDA was ₹6.6 Lakh (42% margin).
- ₹15.5 LakhRevenue · FY 2020 · -22% YoY
- ₹67,104Net profit · 4% margin
- ₹6.6 LakhEBITDA · 42% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Varenya Netshield Security Solutions Private Limited are on its company page.
Detailed financial statements for Varenya Softech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Varenya Softech
Varenya Softech 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 Varenya Softech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in AI in Healthcare
3 companies that operate in the same segment as Varenya Softech (AI in Healthcare) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI startup acceleration and networking services are offered globally. | 2017 | Bengaluru, Karnataka, India | ||||
AI-based mental health support services for individuals, organizations, and healthcare providers. | 2015 | Bengaluru, Karnataka, India | USD 1.55 M | 102 | ||
AI-powered platform for digitizing prescriptions and enhancing healthcare workflows. | 2017 | Delhi, Delhi, India | USD 9.05 M | USD 3.5 K | 6 |
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Frequently Asked Questions about Varenya Softech
Varenya Softech was founded in 2014.
Varenya Softech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mayank Maitreya is the CEO of Varenya Softech, as recorded in our data. They have also founded this company.
The primary company behind Varenya Softech, Varenya Netshield Security Solutions Private Limited, reported revenue of ₹15.5 Lakh for FY 2020, down 22% year on year.
NextGen Solutions specializes in Business Process Outsourcing and Knowledge Process Outsourcing, utilizing AI and analytics to enhance efficiency and innovation. They deliver tailored solutions for industries like healthcare, banking, retail, and telecommunications through advanced technology. Based in Bangkok, Thailand, the company focuses on streamlining operations and supporting global clients with data-driven insights and operational excellence.
Varenya Softech's top competitors include Happiest Minds and Datamatics.
Varenya Softech offers Healthcare Claims Processing, Patient Support Services, Fraud Detection, and Personalized Customer Experience.
Varenya Softech is associated with 2 legal entities: Varenya Netshield Security Solutions Private Limited, Varenya Softech Private Limited.
The legal entities of Varenya Softech currently have 5 directors, including Pooja Maitreya, Sarpreet Singh Sawhney, Shaik Mohammed Iliyas and others.