
About Virtual Networx
Virtual Networx is a company based in Dallas (United States) founded in 2016. It operates as a B2B and SaaS. Virtual Networx offers products and services including Cloud Migration, Custom Application Development, and Remote Backup. Virtual Networx operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Dallas, United States
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website virtualnetworx.com
- Social LinkedIn X Facebook
- Legal Name Virtualnetworx Innovations Llp
- Date of Incorporation 07 Aug, 2018
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹11.42 Cr
FY 2023 · +55% YoY
- Net Profit₹47.7 Lakh
FY 2023 · 4% margin
- EBITDA₹50.7 Lakh
FY 2023 · 4% margin
Associated legal entities of Virtual Networx
Virtual Networx operates through Virtualnetworx Innovations Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Virtualnetworx Innovations Llp CIN AAN-1173 | Active | 07 Aug 2018 | Secunderabad, Telangana | ₹11.4 Cr | – | 2 | View details |
Products & Services of Virtual Networx
Virtual Networx offers a comprehensive portfolio of products and services, including Cloud Migration, Custom Application Development, and Remote Backup.
Service for transferring data to cloud platforms with minimal downtime.
Development of tailored applications for business needs and management.
Secure backup solutions for files and servers to prevent data loss.
Board of directors of Virtualnetworx Innovations Llp (Virtual Networx)
Virtualnetworx Innovations Llp is the primary company behind Virtual Networx. The board of Virtualnetworx Innovations Llp currently have 2 directors; the longest-serving is Singireddy Thirupathi Reddy, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Singireddy Thirupathi Reddy DIN 08300026 | Designated Partner | 18 Dec 2018 | 7 yrs 9 mo | Virtualnetworx Innovations Llp |
| Reddy Swarupalaxmi Reddy DIN 09521202 | Designated Partner | 24 Mar 2023 | 3 yrs 6 mo | Virtualnetworx Innovations Llp |
People of Virtual Networx
11 people are tracked at Virtual Networx (11 in team).
| Name | Role | Group |
|---|---|---|
Sandeep M | bench sales recruiter | Team |
Yeshwanth Penmetsa | Senior Devops Engineer | Team |
Amit Rao | Operations Manager | Team |
Sam Kumar | Senior Bench Sales Recruiter | Team |
Jeevan Reddy | bench sales | Team |
Anurag Goud | Bench Sales Recuriter | Team |
Mohan K | Bench sales Recruiter | Team |
Shivam Jaiswal | Bench Sale Recruiter | Team |
navaneeth Kambla | Bench sales recruiter | Team |
Naga Reddy | Team Lead | Team |
Goutham Noel | Bench sales recruiter | Team |
Complete people profiles for Virtual Networx
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Financials of Virtual Networx
Figures of Virtualnetworx Innovations Llp, the primary company behind Virtual Networx, for FY 2023. Revenue was ₹11.42 Cr (+55% year on year). Net profit was ₹47.7 Lakh (4% margin). EBITDA was ₹50.7 Lakh (4% margin). Revenue has grown at a compounded annual rate of +113% over three years.
- ₹11.42 CrRevenue · FY 2023 · +55% YoY
- ₹47.7 LakhNet profit · 4% margin
- ₹50.7 LakhEBITDA · 4% margin
- +113%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Virtualnetworx Innovations Llp are on its company page.
Detailed financial statements for Virtual Networx
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Virtual Networx
Virtual Networx 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. |
Detailed competitors of Virtual Networx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Similar companies to Virtual Networx
10 companies that operate in the same segment as Virtual Networx (Big Data & Cloud Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 586.72 M | USD 2.46 B | 5,560 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 24.67 B | USD 15.9 M | 341 | |
Cloud-based big data warehouse for enterprise data management is provided. | 2012 | Bozeman, Montana, United States | USD 1.56 B | USD 3.63 B | 7,830 | |
AI-powered big data stack solutions are delivered for data management. | 2008 | Palo Alto, California, United States | USD 1.04 B | USD 869.26 M | 1,124 | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 1,210 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Provider of cloud and AI based CDN management software | 1998 | Cambridge, Massachusetts, United States | USD 61.5 M | USD 4.21 B | 10,700 | |
Provider of colocation data center services | 1998 | Redwood City, California, United States | USD 175 M | USD 9.22 B | 13,610 |
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Frequently Asked Questions about Virtual Networx
Virtual Networx was founded in 2016.
Virtual Networx is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
The primary company behind Virtual Networx, Virtualnetworx Innovations Llp, reported revenue of βΉ11.42 Cr for FY 2023, up 55% year on year.
Virtual Networx is an IT services provider specializing in cloud solutions, data migrations, and custom software development. They deliver innovative, cost-effective technology to meet business needs through implementation, integration, and infrastructure management. Operating from offices in Dallas, USA, and Secunderabad, India, they serve various enterprises with services like application management and remote backups, ensuring minimal downtime and efficient upgrades.
Virtual Networx's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Virtual Networx offers Cloud Migration, Custom Application Development, and Remote Backup.
Virtual Networx operates through Virtualnetworx Innovations Llp.
The legal entities of Virtual Networx currently have 2 directors, including Reddy Swarupalaxmi Reddy, Singireddy Thirupathi Reddy.