About VEDAM
VEDAM is a Financial Services company based in Mysuru (India) founded in 2016. It offers mobile app development, web design, digital marketing, and FOREX services for organizations. It operates on a B2B model in Financial Services and Technology sectors. Its Indian entity Techvedam It Solutions Private Limited reported revenue of ₹3.3 Lakh. VEDAM offers products and services including Mobile Application Development, Web Design & Development, Web Security, Website Promotion, and FOREX VPS. Its focus areas include FinTech, Trading Tools, VPS Services and FOREX Automation. Its competitors include AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Vedam-IT specializes in creating custom mobile applications and responsive websites using HTML, CSS, and Dot Net, focusing on security and user-friendly experiences. Based in Mysore and Bangalore, India, it serves clients worldwide, particularly NGOs like Rotary and Lions Clubs. The company also offers digital marketing, website promotion, and FOREX tools such as VPS and trade robots, emphasizing affordable Indian expertise in technology.
- Headquarters Mysuru, India
- SectorsFinancial ServicesTechnology
- Website vedam-it.com
- Legal Name Techvedam It Solutions Private Limited
- Date of Incorporation 19 Sep, 2018
- Jurisdiction Mysore, Karnataka, India
- Annual Revenue₹3.3 Lakh
FY 2024 · +30% YoY
- Net Loss-₹7.5 Lakh
FY 2024 · -230% margin
- EBITDA-₹6.1 Lakh
FY 2024 · -188% margin
Associated legal entities of VEDAM
VEDAM is associated with 2 registered companies on The Company Check; the primary company is Techvedam It Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techvedam It Solutions Private Limited CIN U72900KA2018PTC116464 | Active | 19 Sep 2018 | Mysore, Karnataka | ₹0.0 Cr | – | 3 | View details |
| Tech Vedam It Solutions Private Limited CIN U72900TG2009PTC064624 | Strike Off | 04 Aug 2009 | Secunderabad, Telangana | $3,810 | – | 2 | View details |
Products & Services of VEDAM
VEDAM offers a comprehensive portfolio of products and services, including Mobile Application Development, Web Design & Development, Web Security, Website Promotion, and FOREX VPS.
Develops Android and iPhone apps for social, shopping, and management needs.
Creates responsive websites with HTML, CSS, and secure databases.
Provides protection against hacking for websites and data.
Offers search engine optimization and promotion strategies for visibility.
Hosts virtual servers for forex traders using expert advisors.
Develops robots in MQL4 and MQL5 for Meta Trader platforms.
Apps and channels of VEDAM
VEDAM publishes 2 mobile apps with over 1K+ downloads.
Board of directors of Techvedam It Solutions Private Limited (VEDAM)
Techvedam It Solutions Private Limited is the primary company behind VEDAM. The boards of the 2 registered companies of VEDAM currently have 5 directors; the longest-serving is Radhakrishna Mocherla, appointed in 2009. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Radhakrishna Mocherla DIN 02693966 | Director | 04 Aug 2009 | 17 yrs 2 mo | Tech Vedam It Solutions Private Limited |
| Suresh Chandra Chada DIN 02795461 | Director | 01 Oct 2009 | 17 yrs | Tech Vedam It Solutions Private Limited |
| Keshava Swamy DIN 08229444 | Director | 19 Sep 2018 | 8 yrs 1 mo | Techvedam It Solutions Private Limited |
| Balasubramani Sangeetha DIN 09043387 | Director | 07 Jan 2021 | 5 yrs 9 mo | Techvedam It Solutions Private Limited |
| Kiran Kumar Balloru Madhava DIN 01091288 | Additional Director | 03 Jan 2023 | 3 yrs 9 mo | Techvedam It Solutions Private Limited |
Financials of VEDAM
Figures of Techvedam It Solutions Private Limited, the primary company behind VEDAM, for FY 2024. Revenue was ₹3.3 Lakh (+30% year on year). Net loss was -₹7.5 Lakh (-230% margin). EBITDA was -₹6.1 Lakh (-188% margin). Revenue has grown at a compounded annual rate of -8% over three years and +23% over five years.
- ₹3.3 LakhRevenue · FY 2024 · +30% YoY
- -₹7.5 LakhNet loss · -230% margin
- -₹6.1 LakhEBITDA · -188% margin
- ₹10.7 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Techvedam It Solutions Private Limited are on its company page.
Detailed financial statements for VEDAM
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of VEDAM
VEDAM has 10 listed competitors in our database, 7 of them funded. They include AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. | |
| smile.eu | 1991 | – | $5.08M | – | Smile is recognized as a leader in open digital technology solutions. | |
| qxglobalgroup.com | 2003 | Skipton, United Kingdom | $127.98M | 1,738 | Digital transformation and business process management services are provided. | |
| guidde.com | 2020 | Belmont, United States | $30.6M | – | Cloud-based video tools for knowledge sharing and management are provided. |
Detailed competitors of VEDAM
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 Forex Tech
10 companies that operate in the same segment as VEDAM (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 396.83 M | USD 2.71 B | 11,760 | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore, Singapore | USD 1.9 B | – | 2,947 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 546.08 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
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Frequently Asked Questions about VEDAM
VEDAM was founded in 2016.
VEDAM is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.
The primary company behind VEDAM, Techvedam It Solutions Private Limited, reported revenue of ₹3.3 Lakh for FY 2024, up 30% year on year.
Vedam-IT specializes in creating custom mobile applications and responsive websites using HTML, CSS, and Dot Net, focusing on security and user-friendly experiences. Based in Mysore and Bangalore, India, it serves clients worldwide, particularly NGOs like Rotary and Lions Clubs. The company also offers digital marketing, website promotion, and FOREX tools such as VPS and trade robots, emphasizing affordable Indian expertise in technology.
VEDAM's top competitors include Hedgehog lab, AlmavivA and AKQA.
VEDAM offers Mobile Application Development, Web Design & Development, Web Security, Website Promotion, and 2 more products and services.
VEDAM is associated with 2 legal entities: Techvedam It Solutions Private Limited, Tech Vedam It Solutions Private Limited.
The legal entities of VEDAM currently have 5 directors, including Keshava Swamy, Balasubramani Sangeetha, Kiran Kumar Balloru Madhava and others.
Yes. VEDAM publishes Rotary Club of Trichur and 1 more app, with over 1,010 downloads.