About Veritas Prime Labs
Veritas Prime Labs is a Technology company based in Hyderabad (India) founded in 2020 by Rajorshi Sharmacharya. It provides HR software, ticketing tools, and SAP services for organizations worldwide. It operates on a B2B and SaaS model in Technology and Business Services sectors. The company has 35 employees. Its Indian entity Adaptoid Labs India Private Limited reported revenue of ₹14.28 Cr. Veritas Prime Labs offers products and services including Clarity, Help My Cloud, eCalibration, SAP Technology Services, and RPA Tool. Its focus areas include Enterprise Software, SAP Services, SuccessFactors and HR Tech. Its competitors include SynProSoft and TechNVision Ventures; 1 of its 2 listed competitors has raised funding.
Company details
Veritas Prime Labs develops software solutions focused on HR management, including post-payroll processing with Clarity, ticketing systems like Help My Cloud, and employee performance tools such as eCalibration. They also provide SAP technology services and RPA tools for task automation. Based in Hyderabad, India, the company serves clients across USA, UK, and Latin America, emphasizing reliable and efficient solutions.
- Headquarters Hyderabad, India
- Employees 35
- Founders Rajorshi Sharmacharya
- SectorsTechnologyBusiness Services
- Email••••••••
- Website veritasprimelabs.com
- Legal Name Adaptoid Labs India Private Limited
- Date of Incorporation 24 Nov, 2020
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹14.28 Cr
FY 2024 · +73% YoY
- Net Profit₹2.42 Cr
FY 2024 · 17% margin
- EBITDA₹3.47 Cr
FY 2024 · 24% margin
- Employee Count35
Associated legal entities of Veritas Prime Labs
Veritas Prime Labs operates through Adaptoid Labs India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Adaptoid Labs India Private Limited CIN U72900TG2020PTC146194 | Active | 24 Nov 2020 | Hyderabad, Telangana | ₹14.3 Cr | 35 | 2 | View details |
Products & Services of Veritas Prime Labs
Veritas Prime Labs offers a comprehensive portfolio of products and services, including Clarity, Help My Cloud, eCalibration, SAP Technology Services, and RPA Tool.
Software that simplifies post-payroll activities for organizations.
Tool for tracking issues and monitoring SLA violations.
Tool for rating and tracking employee performance.
Services adhering to SAP best practices for clients.
Tool for automating tasks like web data scraping.
Board of directors of Adaptoid Labs India Private Limited (Veritas Prime Labs)
Adaptoid Labs India Private Limited is the primary company behind Veritas Prime Labs. The board of Adaptoid Labs India Private Limited currently have 2 directors; the longest-serving is Rajorshi Sharmacharya, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajorshi Sharmacharya DIN 08970961 | Director | 24 Nov 2020 | 5 yrs 11 mo | Adaptoid Labs India Private Limited |
| Shridhar Narayan DIN 00019087 | Additional Director | 12 Jul 2025 | 1 yr 3 mo | Adaptoid Labs India Private Limited |
People of Veritas Prime Labs
3 people are tracked at Veritas Prime Labs (2 in leadership, 1 in team); the tracked headcount is 35.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Keerthy Reddy | Prime HR Talent Director-India Office | Leadership |
Poornima Dhanyamraju | Senior Human Resources Analyst | Team |
Complete people profiles for Veritas Prime Labs
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 Veritas Prime Labs
Figures of Adaptoid Labs India Private Limited, the primary company behind Veritas Prime Labs, for FY 2024. Revenue was ₹14.28 Cr (+73% year on year). Net profit was ₹2.42 Cr (17% margin). EBITDA was ₹3.47 Cr (24% margin). Revenue has grown at a compounded annual rate of +121% over three years.
- ₹14.28 CrRevenue · FY 2024 · +73% YoY
- ₹2.42 CrNet profit · 17% margin
- ₹3.47 CrEBITDA · 24% margin
- ₹1 LakhPaid-up capital
- 35Employees (provident fund records)
- +121%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Adaptoid Labs India Private Limited are on its company page.
Detailed financial statements for Veritas Prime Labs
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 Veritas Prime Labs
Veritas Prime Labs has 2 listed competitors in our database, 1 of them funded. They include SynProSoft and TechNVision Ventures.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| synprosoft.com | 2006 | Chennai, India | $4.84M | 81 | A suite of IT services solutions is provided by SynProSoft. | |
| technvision.com | 1980 | Secunderabad, India | 126 | Next-generation enterprise software is innovated and incubated for business processes. |
Detailed competitors of Veritas Prime Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in ERP & Enterprise Software Services
3 companies that operate in the same segment as Veritas Prime Labs (ERP & Enterprise Software Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. | 2004 | Hyderabad, Telangana, India | 895 | |||
Offers SEO and digital marketing services for business growth online. | 2006 | Delhi, Delhi, India | USD 4.36 M | 144 | ||
Provides custom software and IT services to enterprises across industries worldwide. | 2003 | Indore, Madhya Pradesh, India | USD 4.44 M | 134 |
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Frequently Asked Questions about Veritas Prime Labs
Veritas Prime Labs was founded in 2020.
Veritas Prime Labs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Veritas Prime Labs has 35 employees.
The primary company behind Veritas Prime Labs, Adaptoid Labs India Private Limited, reported revenue of ₹14.28 Cr for FY 2024, up 73% year on year.
Veritas Prime Labs develops software solutions focused on HR management, including post-payroll processing with Clarity, ticketing systems like Help My Cloud, and employee performance tools such as eCalibration. They also provide SAP technology services and RPA tools for task automation. Based in Hyderabad, India, the company serves clients across USA, UK, and Latin America, emphasizing reliable and efficient solutions.
Veritas Prime Labs's top competitors include TechNVision Ventures and SynProSoft.
Veritas Prime Labs offers Clarity, Help My Cloud, eCalibration, SAP Technology Services, and RPA Tool.
Veritas Prime Labs operates through Adaptoid Labs India Private Limited.
The legal entities of Veritas Prime Labs currently have 2 directors, including Shridhar Narayan, Rajorshi Sharmacharya.