About Velocis
Velocis is a Technology company based in Delhi (India) founded in 1994 by Rishi Malhotra and Atul Bansal. IT services provider in New Delhi, India. Velocis has raised $42.36 thousand across 3 funding rounds from investors including Puja Kapoor, RASPL and Rishi Malhotra. The company has 1,750 employees. Velocis was last valued at $3.01 million in January 2011. Its chief executive, as recorded, is Renu Srivastava. Its website velocis.in draws about 30 thousand monthly visits. Its Indian entity Velocis Systems Private Limited reported revenue of ₹1,419 Cr. Velocis offers products and services including Networks, Cybersecurity, Digital Workplace, Data Centre and Hybrid Cloud, and Public Cloud. Its focus areas include Business Services, IT Services and Suite. Its competitors include Persistent and Happiest Minds; 2 of its 2 listed competitors have raised funding.
Company details
Velocis is an IT services provider headquartered in New Delhi, India with other offices in Mumbai, Bangalore and Pune. Provides solutions for enterprise networks, security, unified communication, cloud solutions, mobility, and physical infrastructure. Also, provides application management services and managed IT services. Partnered with technology providers such as Cisco, Microsoft, IBM, Polycom, Riverbed, Netapp, Palo Alto, F5, Dell, HP.
- Headquarters Delhi, India
- Employees 1,750
- Founders Rishi Malhotra, Atul Bansal
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website velocis.in
- Social LinkedIn X Facebook
- Legal Name Velocis Systems Private Limited
- Date of Incorporation 16 Jun, 1995
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1,419 Cr
FY 2025 · +3% YoY
- Net Profit₹54.54 Cr
FY 2025 · 4% margin
- EBITDA₹82.75 Cr
FY 2025 · 6% margin
- Total Equity Funding$42.36K (USD)
in 3 rounds
- Latest Funding Round$461.08K (USD), Unspecified
Jan 2011
- InvestorsRASPL
& 4 more
- Employee Count1,750
Associated legal entities of Velocis
Velocis operates through Velocis Systems 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 |
|---|---|---|---|---|---|---|---|
| Velocis Systems Private Limited CIN U74899DL1995PTC069887 | Active | 16 Jun 1995 | New Delhi, Delhi | ₹1,419 Cr | 1,750 | 5 | View details |
Products & Services of Velocis
Velocis offers a comprehensive portfolio of products and services, including Networks, Cybersecurity, Digital Workplace, Data Centre and Hybrid Cloud, and Public Cloud.
Delivers robust network solutions for enterprise connectivity.
Provides tools to mitigate risks and ensure business security.
Offers solutions for flexible and seamless enterprise collaboration.
Enables scalable and reliable business infrastructure solutions.
Supports flexible and cost-effective cloud deployments for organizations.
Facilitates modernization and cloud migration of applications.
Assists in managing compliance and regulatory requirements.
Provides real-time performance tracking for networks and servers.
Offers insights for customer experience and business optimization.
Delivers ongoing IT maintenance and professional support.
Funding Insights of Velocis
Velocis has successfully raised a total of $42.36K across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $461.08 thousand completed in January 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $42,358
- Total Rounds 3
- Last Round Unspecified — $461,082
- First Round $782,806
(Sep 2006)
- Investors Count 5
All 3 funding rounds of Velocis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2011 | $461,082 | Unspecified | $3.01M | RASPL, Ajay Bansal | |
| Mar 2009 | $42,358 | Angel Round | – | – | – |
| Sep 2006 | $782,806 | Unspecified | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2011 | $3.01M | •••••••• |
Last known valuation $3.01M (Jan 2011). 5 investors in total: 1 institutional and 4 angel.
Investors in Velocis
Velocis has secured backing from 5 investors, including angel and institutional investors. Prominent investors backing the company include Puja Kapoor, RASPL and Rishi Malhotra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Data center, managed IT solutions, and staffing services are provided. | raspl.com | Delhi, India | ||
PK Puja Kapoor | unknown_98adaba8515c421d9 | |||
RM Rishi Malhotra | unknown_6ecf0b73de1b4e77a | |||
AB Atul Bansal | Angel investor, ex-Zivame founder, active in Indian startup ecosystem | unknown_c3396f61440d4aa28 | ||
AB Ajay Bansal | unknown_b582c86a1ef049458 |
Investor details for Velocis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Velocis Systems Private Limited (Velocis)
Velocis Systems Private Limited is the primary company behind Velocis. The board of Velocis Systems Private Limited currently have 5 directors; the longest-serving is Rishi Kumar Malhotra, appointed in 1995. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rishi Kumar Malhotra DIN 00529491 | Director | 16 Jun 1995 | 31 yrs 4 mo | Velocis Systems Private Limited |
| Ashok Kumar Gupta DIN 00509450 | Director | 22 Oct 2007 | 19 yrs | Velocis Systems Private Limited |
| Atul Bansal DIN 00509520 | Director | 22 Oct 2007 | 19 yrs | Velocis Systems Private Limited |
| Sanjeev Ranjan DIN 03355082 | Director | 01 Jan 2011 | 15 yrs 10 mo | Velocis Systems Private Limited |
| Jignesh Rachh DIN 03369665 | Director | 01 Jan 2011 | 15 yrs 10 mo | Velocis Systems Private Limited |
People of Velocis
116 people are tracked at Velocis (20 in leadership, 3 in board & advisors, 93 in team); the tracked headcount is 1,750.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & MD | Leadership | |
Renu Srivastava | CEO | Leadership |
Rajnish Manrai | Head, Managed Services | Leadership |
Anurag Saxena | Head, Sales, PSU | Leadership |
Suumit Sharma | Head, Sales Commercials | Leadership |
Roopa K.sreedhar | Head -hr, Legal & Compliance | Leadership |
Rajesh Singh | Associate Vice President - Cloud Services | Leadership |
Pawan Joshi | Asst. General Manager - Finance | Leadership |
Rajiv Madan | Head, Customer Experience | Leadership |
Amit Uppal | President & Head, Strategic Business | Leadership |
Sandeep Aggarwal | Chief Financial Officer | Leadership |
Tarun Makkar | Head, Applications & Cloud | Leadership |
Divakar Chaubey | Associate Director | Leadership |
Sangharsh Dhir | South Head - Renewal Services | Leadership |
Varun Bansal | Head Of Cloud Sales | Leadership |
Sandeep Bhalgat | Branch Head | Leadership |
Ganesh Jadhav | Deputy General Manager Of Sales | Leadership |
Manit Ohri | Vice President - Cyber Security Business | Leadership |
Hemant Chadha | Associate Director | Leadership |
96 more people are available in the full profile.
Complete people profiles for Velocis
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 Velocis
Figures of Velocis Systems Private Limited, the primary company behind Velocis, for FY 2025. Revenue was ₹1,419 Cr (+3% year on year). Net profit was ₹54.54 Cr (4% margin). EBITDA was ₹82.75 Cr (6% margin). Revenue has grown at a compounded annual rate of +29% over three years and +16% over five years.
- ₹1,419 CrRevenue · FY 2025 · +3% YoY
- ₹54.54 CrNet profit · 4% margin
- ₹82.75 CrEBITDA · 6% margin
- ₹6.18 CrPaid-up capital
- 1,750Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Velocis Systems Private Limited are on its company page.
Detailed financial statements for Velocis
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Velocis
4 dated milestones of Velocis across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Velocis is founded.
- Funding First funding round of $783K.
- Funding Latest funding round, Unspecified, of $461K.
- Milestone Reaches Minicorn status.
Competitors of Velocis
Velocis has 2 listed competitors in our database, 2 of them funded. They include Persistent and Happiest Minds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of Velocis
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Velocis
The website of Velocis (velocis.in) receives about 30.4K visits a month.
- Monthly visits30.4K
▼ 24.2% vs previous month
Websites whose visitors overlap most with Velocis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| portworx.com | 100% | 52.7K | #655,663 | View details | |
uptrace.dev | uptrace.dev | 95% | #247,065 | – | |
| thinksys.com | 93% | 19.2K | #1,355,395 | View details | |
mgtechsoft.com | mgtechsoft.com | 93% | #1,764,011 | – | |
| developernation.net | 92% | #398,022 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Velocis
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Related news about Velocis
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Frequently Asked Questions about Velocis
Velocis was founded in 1994 and raised its 1st funding round 12 years after it was founded.
Velocis is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Renu Srivastava is the CEO of Velocis, as recorded in our data.
Velocis is a funded company, having raised a total of $42.36K across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $782.81K, raised on Sep 2006.
Velocis has 1,750 employees.
The primary company behind Velocis, Velocis Systems Private Limited, reported revenue of ₹1,419 Cr for FY 2025, up 3% year on year.
Velocis is an IT services provider headquartered in New Delhi, India with other offices in Mumbai, Bangalore and Pune. Provides solutions for enterprise networks, security, unified communication, cloud solutions, mobility, and physical infrastructure. Also, provides application management services and managed IT services. Partnered with technology providers such as Cisco, Microsoft, IBM, Polycom, Riverbed, Netapp, Palo Alto, F5, Dell, HP.
Velocis's top competitors include Happiest Minds and Persistent.
Velocis offers Networks, Cybersecurity, Digital Workplace, Data Centre and Hybrid Cloud, and 6 more products and services.
Velocis has 5 investors. Key investors include Puja Kapoor, RASPL, Rishi Malhotra, Atul Bansal, and Ajay Bansal.
The valuation of Velocis is $3.01M as of Jan 2011.
Velocis operates through Velocis Systems Private Limited.