About Velotio Technologies
Velotio Technologies is a company based in Pune (India) founded in 2016 by Kalpak Shah and Chirag Jog was acquired by R Systems in June 2023. The company has 271 employees as of April 10, 2024. Velotio Technologies has completed 2 acquisitions, including Media Magic and ScaleWorx. Velotio Technologies offers products and services including Product Engineering, UI/UX Design, React Development, Cloud & DevOps, and Generative AI Development. Velotio Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Employees 271 as on 10 Apr, 2024
- Founders Kalpak Shah, Chirag Jog
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Velotio Technologies Private Limited
- Date of Incorporation 01 May, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$15.39 M (USD)0as on Mar 31, 2023
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Net Profit
$2.36 M (USD)0as on Mar 31, 2023
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EBITDA
$3.05 M (USD)0as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
271
as on Apr 10, 2024
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Investments & Acquisitions
Media Magic
& 1 more
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Acquired by
R Systems
(Jun 07, 2023)
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Products & Services of Velotio Technologies
Velotio Technologies offers a comprehensive portfolio of products and services, including Product Engineering, UI/UX Design, React Development, Cloud & DevOps, and Generative AI Development.
Assists in building MVPs and scaling products for enterprises
Creates intuitive user experiences for digital products
Develops responsive apps using React technologies
Automates CI/CD pipelines and Kubernetes adoption
Integrates AI tools for intelligent product features
People of Velotio Technologies
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Funding Insights of Velotio Technologies
Detailed funding history for Velotio Technologies
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Investors in Velotio Technologies
Velotio Technologies has secured backing from 1 investor. Prominent investors backing the company include R Systems.
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R Systems is recognized as a leading digital product engineering company.
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Investor details for Velotio Technologies
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Investments & Acquisitions by Velotio Technologies
Velotio Technologies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Media Magic and ScaleWorx.
Investment portfolio details for Velotio Technologies
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Infrastructure and DevOps services are delivered to startups and enterprises.
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Smart home automation services are provided in Pune, India.
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Complete acquisition details for Velotio Technologies
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Financial Statements - Velotio Technologies
Detailed financials for Velotio Technologies
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Velotio Technologies Comparisons
Peer comparison for Velotio Technologies
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Competitors of Velotio Technologies
Velotio Technologies 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Latest news on Velotio Technologies
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Frequently Asked Questions about Velotio Technologies
Velotio Technologies was founded in 2016.
Velotio Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Kalpak Shah is the current CEO of Velotio Technologies. They have also founded this company.
As of Apr 10, 2024, the latest employee count at Velotio Technologies is 271.
Annual revenue of Velotio Technologies is $15.39M as on Mar 31, 2023.
Velotio Technologies was founded in 2016 and is based in Pune, India. Operations focus on software product development services within the technology sector. Custom solutions are delivered for clients, including application building and engineering support. Leadership is provided by co-founders Kalpak Shah as CEO and Chirag Jog as CTO. The company maintains a presence through its domain velotio.com, serving various industries from its Indian headquarters.
Velotio Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Velotio Technologies offers Product Engineering, UI/UX Design, React Development, Cloud & DevOps, and Generative AI Development.
Velotio Technologies has made 2 acquisitions, including Media Magic, and ScaleWorx.
Velotio Technologies has 1 investor. Key investors include R Systems.