About Vars Technologies
Vars Technologies is a company based in Chennai (India) founded in 2012 by SANGEETHA RAGURAMAN and JAMUNAA PUNNIYAKOTTI. It operates as a B2B. Vars Technologies operates in a competitive market with competitors including Computacenter, Nettlinx, Trimax, inTarvo and Rapid Response Monitoring Services, among others.
- Headquarter Chennai, India
- Founders SANGEETHA RAGURAMAN, JAMUNAA PUNNIYAKOTTI
- SectorsTechnology
- Website varstechnologies.com
- Social X Facebook
- Legal Name Var Technologies Private Limited
- Date of Incorporation 26 Oct, 2015
- Jurisdiction Chandigargh, Chandigarh, India
- Annual Revenue₹1.38 Cr
FY 2023 · +2% YoY
- Net Profit₹4.3 Lakh
FY 2023 · 3% margin
- EBITDA₹7.1 Lakh
FY 2023 · 5% margin
Associated legal entities of Vars Technologies
Vars Technologies operates through Var Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Var Technologies Private Limited CIN U72200CH2015PTC035790 | Active | 26 Oct 2015 | Chandigarh, Chandigarh | ₹1.4 Cr | – | 2 | View details |
Board of directors of Var Technologies Private Limited (Vars Technologies)
Var Technologies Private Limited is the primary company behind Vars Technologies. The board of Var Technologies Private Limited currently have 2 directors; the longest-serving is Neha Bansal, appointed in 2024. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neha Bansal DIN 09081638 | Additional Director | 01 Feb 2024 | 2 yrs 8 mo | Var Technologies Private Limited |
| Vikas Bansal DIN 07793853 | Additional Director | 01 Feb 2024 | 2 yrs 8 mo | Var Technologies Private Limited |
People of Vars Technologies
2 people are tracked at Vars Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
SANGEETHA RAGURAMAN | Co-Founder | Leadership |
JAMUNAA PUNNIYAKOTTI | Co-Founder | Leadership |
Complete people profiles for Vars Technologies
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Financials of Vars Technologies
Figures of Var Technologies Private Limited, the primary company behind Vars Technologies, for FY 2023. Revenue was ₹1.38 Cr (+2% year on year). Net profit was ₹4.3 Lakh (3% margin). EBITDA was ₹7.1 Lakh (5% margin). Revenue has grown at a compounded annual rate of +265% over three years and +157% over five years.
- ₹1.38 CrRevenue · FY 2023 · +2% YoY
- ₹4.3 LakhNet profit · 3% margin
- ₹7.1 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
- +265%Revenue CAGR, 3 years
- +157%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Var Technologies Private Limited are on its company page.
Detailed financial statements for Vars Technologies
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Competitors of Vars Technologies
Vars Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Computacenter, Nettlinx, Trimax, inTarvo and Rapid Response Monitoring Services, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| computacenter.com | 1981 | London, United Kingdom | – | 1,539 | IT infrastructure services and advisory solutions are delivered to organizations. | |
| nettlinx.com | 1994 | Hyderabad, India | – | 50 | Internet connectivity and infrastructure services are provided by Nettlinx. | |
| trimax.in | 1995 | Mumbai, India | $40.47M | 336 | IT solutions for transportation and telecom sectors are provided. | |
| intarvo.com | 1995 | Noida, India | $26.52M | 50 | Provides contact center, field support, IT infrastructure, security, and e-waste management services. | |
| rrms.com | 1992 | Syracuse, United States | – | 575 | Provides alarm monitoring and security solutions for business partners and integrators. | |
| recall.com | 1999 | Norcross, United States | – | 60 | Information life-cycle management services are provided to clients. | |
| fxinnovation.com | 2002 | Montreal, Canada | – | – | IT monitoring services are provided by FX Innovation to clients. |
Detailed competitors of Vars Technologies
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Similar companies to Vars Technologies
10 companies that operate in the same segment as Vars Technologies (IT Services & Operations), 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 | 1,240 | |
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 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
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 |
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Frequently Asked Questions about Vars Technologies
Vars Technologies was founded in 2012.
Vars Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Vars Technologies, Var Technologies Private Limited, reported revenue of ₹1.38 Cr for FY 2023, up 2% year on year.
Vars Technologies operates with a B2B model, focusing on leveraging cutting-edge technology, providing IT services, offering cloud-based solutions, and consulting services. Offers cloud consulting services to businesses and organizations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Vars Technologies's top competitors include Computacenter, Nettlinx and Trimax.
Vars Technologies operates through Var Technologies Private Limited.
The legal entities of Vars Technologies currently have 2 directors, including Neha Bansal, Vikas Bansal.