About VectorX
VectorX is a Technology company based in Hyderabad (India) founded in 2016 by Sri Teja Allaparthi. GST billing and accounting app is provided for SMEs. Its Indian entity Spidersense Technologies Private Limited reported revenue of ₹39.6 Lakh. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables.
Company details
VectorX was founded in 2016 in Hyderabad, India, as a provider of software solutions in the fintech sector. An app focused on GST compliance and accounting is offered to small and medium enterprises. Core functionalities include invoice creation and sharing, GST filings, analytics, and reporting tools. Operations are centered in India, supporting local tax regulations and business management needs.
- Headquarters Hyderabad, India
- Founders Sri Teja Allaparthi
- SectorsTechnology
- Website vectorx.co
- Social LinkedIn
- Legal Name Spidersense Technologies Private Limited
- Date of Incorporation 02 Jul, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹39.6 Lakh
FY 2022 · +375% YoY
- Net Loss-₹31.9 Lakh
FY 2022 · -81% margin
- EBITDA-₹31.5 Lakh
FY 2022 · -80% margin
Associated legal entities of VectorX
VectorX is associated with 2 registered companies on The Company Check; the primary company is Spidersense Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spidersense Technologies Private Limited CIN U72900TG2019PTC133812 | Active | 02 Jul 2019 | Hyderabad, Telangana | ₹0.4 Cr | 3 | View details | |
| Nextspeed Technologies Private Limited CIN U72200TG2021PTC152460 | Active | 23 Jun 2021 | Hyderabad, Telangana | ₹5.8 Cr | 4 | 2 | View details |
Board of directors of Spidersense Technologies Private Limited (VectorX)
Spidersense Technologies Private Limited is the primary company behind VectorX. The boards of the 2 registered companies of VectorX currently have 3 directors; the longest-serving is Venkata Raghu Naga Abhijit Vemuganti, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Raghu Naga Abhijit Vemuganti DIN 07313390 | Director | 02 Jul 2019 | 7 yrs 3 mo | Spidersense Technologies Private Limited |
| Aditya Vemuganti DIN 07234809 | Director | 23 Jun 2021 | 5 yrs 4 mo | Nextspeed Technologies Private Limited, Spidersense Technologies Private Limited |
| Sri Teja Allaparthi DIN 08339262 | Director | 23 Jun 2021 | 5 yrs 4 mo | Nextspeed Technologies Private Limited, Spidersense Technologies Private Limited |
People of VectorX
1 people are tracked at VectorX (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership |
Complete people profiles for VectorX
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Financials of VectorX
Figures of Spidersense Technologies Private Limited, the primary company behind VectorX, for FY 2022. Revenue was ₹39.6 Lakh (+375% year on year). Net loss was -₹31.9 Lakh (-81% margin). EBITDA was -₹31.5 Lakh (-80% margin).
- ₹39.6 LakhRevenue · FY 2022 · +375% YoY
- -₹31.9 LakhNet loss · -81% margin
- -₹31.5 LakhEBITDA · -80% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Spidersense Technologies Private Limited are on its company page.
Detailed financial statements for VectorX
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Related news about Vectorx
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Frequently Asked Questions about VectorX
VectorX was founded in 2016.
VectorX is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind VectorX, Spidersense Technologies Private Limited, reported revenue of ₹39.6 Lakh for FY 2022, up 375% year on year.
VectorX was founded in 2016 in Hyderabad, India, as a provider of software solutions in the fintech sector. An app focused on GST compliance and accounting is offered to small and medium enterprises. Core functionalities include invoice creation and sharing, GST filings, analytics, and reporting tools. Operations are centered in India, supporting local tax regulations and business management needs.
VectorX is associated with 2 legal entities: Spidersense Technologies Private Limited, Nextspeed Technologies Private Limited.
The legal entities of VectorX currently have 3 directors, including Aditya Vemuganti, Sri Teja Allaparthi, Venkata Raghu Naga Abhijit Vemuganti.