Velocis

Delhi, India Founded: 1994 • Age: 32 yrs
IT services provider in New Delhi, India
Annual revenue $80.8M Latest available
Total funding $1.3M 3 rounds
Employees 1750 Tracked headcount
Investors 5 Known backers
Products 10 Services tracked
Competitors 11 Brand Intelligence

About Velocis

Velocis is a company based in Delhi (India) founded in 1994 by Rishi Malhotra and Atul Bansal. Velocis has raised $1.29 million across 3 funding rounds from investors including Puja Kapoor, RASPL and Rishi Malhotra. The company has 1,750 employees as of March 28, 2024. Velocis offers products and services including Networks, Cybersecurity, Digital Workplace, Data Centre and Hybrid Cloud, and Public Cloud. Velocis operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Delhi, India
  • Employees 1750 as on 28 Mar, 2024
  • Founders Rishi Malhotra, Atul Bansal
  • Stage Minicorn
  • Sectors
    Technology
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  • Legal Name Velocis Systems Private Limited
  • Date of Incorporation 16 Jun, 1995
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $80.83 M (USD)
    10.86
    as on Mar 31, 2022
  • Net Profit
    $1.51 M (USD)
    -30.55
    as on Mar 31, 2022
  • EBITDA
    $2.1 M (USD)
    -31.31
    as on Mar 31, 2022
  • Total Equity Funding
    $1.29 M (USD)

    in 3 rounds

  • Latest Funding Round
    $461.08 K (USD), Unspecified

    Jan 17, 2011

  • Investors
    RASPL

    & 4 more

  • Employee Count
    1750

    as on Mar 28, 2024

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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.

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Delivers robust network solutions for enterprise connectivity.

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Provides tools to mitigate risks and ensure business security.

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Offers solutions for flexible and seamless enterprise collaboration.

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Enables scalable and reliable business infrastructure solutions.

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Supports flexible and cost-effective cloud deployments for organizations.

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Facilitates modernization and cloud migration of applications.

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Assists in managing compliance and regulatory requirements.

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Provides real-time performance tracking for networks and servers.

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Offers insights for customer experience and business optimization.

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Delivers ongoing IT maintenance and professional support.

People of Velocis

Headcount 500-1000
Employee Profiles 111
Board Members and Advisors 4
Employee Profiles
People
Bharath Eranna
Strategic Account Manager
People
Rajnish Manrai
Head, Managed Services
People
Anurag Saxena
Head, Sales, PSU
People
Mehul Raj
Assistant Manager - Sales

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Board Members and Advisors
people
Ashok Gupta
Director
people
Jignesh Rachh
Director
people
Rishi Malhotra
Director
people
Sanjeev Ranjan
Director

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Funding Insights of Velocis

Velocis has successfully raised a total of $1.29M 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.

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.

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Institutional
Angel
Investor Description Founded Year Domain Location
Data center, managed IT solutions, and staffing services are provided.
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Puja Kapoor

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Rishi Malhotra

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Investor details for Velocis

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by Velocis

Investments
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Investment portfolio details for Velocis

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  • Transaction dates
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Financial Statements - Velocis

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Detailed financials for Velocis

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  • Profit trends
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Velocis Comparisons

Velocis Primary company
Description
IT services provider in New Delhi, India
Location
Delhi, India
Founded Year
1994
Annual Revenue
$80.83 M (USD)
Net Profit
$1.51 M (USD)
EBITDA
$2.1 M (USD)
Employees
1,750
As of 2024
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Peer comparison for Velocis

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Competitors of Velocis

Velocis 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Velocis

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Velocis

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Complete news archive for Velocis

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 current CEO of Velocis.

Velocis is a funded company, having raised a total of $1.29M across 3 funding rounds to date.

As of Mar 28, 2024, the latest employee count at Velocis is 1,750.

Annual revenue of Velocis is $80.83M as on Mar 31, 2022.

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, 1&1 IONOS and Genpact.

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.

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