About Veepal IT Services
Veepal IT Services is a Technology company based in Bengaluru (India) founded in 2010. It provides web, mobile, and enterprise services. It operates on a B2B model. Its Indian entity Veepal It Services Private Limited reported revenue of ₹4.9 Lakh. Its focus areas include IT Services, Web and Mobile Development and Enterprise Solutions. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Veepal IT Services, established in 2010, excels in leveraging cutting-edge technology, providing IT services, web and mobile development, and enterprise solutions. Provides web, mobile, and enterprise services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website veepal.com
- Social X
- Legal Name Veepal It Services Private Limited
- Date of Incorporation 20 Apr, 2011
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹4.9 Lakh
FY 2025 · -66% YoY
- Net Loss-₹35,875
FY 2025 · -7% margin
- EBITDA-₹2,284
FY 2025 · 0% margin
Associated legal entities of Veepal IT Services
Veepal IT Services operates through Veepal It Services 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 |
|---|---|---|---|---|---|---|---|
| Veepal It Services Private Limited CIN U72200GJ2011PTC065043 | Active | 20 Apr 2011 | Ahmedabad, Gujarat | ₹0.0 Cr | 2 | View details |
Board of directors of Veepal It Services Private Limited (Veepal IT Services)
Veepal It Services Private Limited is the primary company behind Veepal IT Services. The board of Veepal It Services Private Limited currently have 2 directors; the longest-serving is Vipal Chandrakantbhai Panchal, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vipal Chandrakantbhai Panchal DIN 03494031 | Director | 20 Apr 2011 | 15 yrs 6 mo | Veepal It Services Private Limited |
| Bijal Vipal Panchal DIN 03496261 | Director | 03 Apr 2018 | 8 yrs 6 mo | Veepal It Services Private Limited |
Financials of Veepal IT Services
Figures of Veepal It Services Private Limited, the primary company behind Veepal IT Services, for FY 2025. Revenue was ₹4.9 Lakh (-66% year on year). Net loss was -₹35,875 (-7% margin). EBITDA was -₹2,284 (0% margin). Revenue has grown at a compounded annual rate of -57% over three years and -30% over five years.
- ₹4.9 LakhRevenue · FY 2025 · -66% YoY
- -₹35,875Net loss · -7% margin
- -₹2,284EBITDA · 0% margin
- ₹1 LakhPaid-up capital
- -57%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Veepal It Services Private Limited are on its company page.
Detailed financial statements for Veepal IT Services
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Competitors of Veepal IT Services
Veepal IT Services 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 Veepal IT Services
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Frequently Asked Questions about Veepal IT Services
Veepal IT Services was founded in 2010.
Veepal IT Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Veepal IT Services, Veepal It Services Private Limited, reported revenue of ₹4.9 Lakh for FY 2025, down 66% year on year.
Veepal IT Services, established in 2010, excels in leveraging cutting-edge technology, providing IT services, web and mobile development, and enterprise solutions. Provides web, mobile, and enterprise services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Veepal IT Services's top competitors include Happiest Minds and Datamatics.
Veepal IT Services operates through Veepal It Services Private Limited.
The legal entities of Veepal IT Services currently have 2 directors, including Bijal Vipal Panchal, Vipal Chandrakantbhai Panchal.