About Vitric
Vitric is a Technology company based in Thane (India) founded in 2016. It offers IT services, data analytics, software development, and business consulting. It operates on a B2B and SaaS model. Its Indian entity Vitric Business Solutions Private Limited reported revenue of ₹66.9 Lakh. Vitric offers products and services including Digital Transformation Services, Data Analytics Solutions, Software Product Development, Business Process Consulting, and Cloud Computing. Its focus areas include Data and Analytics, Data Analytics, Business Insights and Custom Analytics. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Vitric Business Solutions delivers IT services including digital transformation, data analytics, software development, cloud computing, and process automation. They help companies enhance productivity through end-to-end solutions and resource consulting. Based in Nagpur, India, with branches in the USA, Vitric serves businesses by automating processes and providing customer experience tools like their SAAS platform.
- Annual Revenue₹66.9 Lakh
FY 2024 · +133% YoY
- Net Profit₹88,860
FY 2024 · 1% margin
- EBITDA₹2 Lakh
FY 2024 · 3% margin
Associated legal entities of Vitric
Vitric operates through Vitric Business Solutions 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 |
|---|---|---|---|---|---|---|---|
| Vitric Business Solutions Private Limited CIN U74999MH2016PTC286125 | Active | 21 Sep 2016 | Nagpur, Maharashtra | ₹0.7 Cr | 3 | View details |
Products & Services of Vitric
Vitric offers a comprehensive portfolio of products and services, including Digital Transformation Services, Data Analytics Solutions, Software Product Development, Business Process Consulting, and Cloud Computing.
Assists businesses with digital transformation planning and implementation.
Delivers insights from business data for decision-making processes.
Provides custom IT solutions and web development services.
Optimizes business processes for improved productivity and efficiency.
Offers cloud solutions including IaaS, PaaS, and SaaS platforms.
Helps organizations recruit and manage talent effectively.
Board of directors of Vitric Business Solutions Private Limited (Vitric)
Vitric Business Solutions Private Limited is the primary company behind Vitric. The board of Vitric Business Solutions Private Limited currently have 3 directors; the longest-serving is Sandeep Moreshwar Kolharkar, appointed in 2022. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Moreshwar Kolharkar DIN 09690041 | Director | 30 Jul 2022 | 4 yrs 3 mo | Vitric Business Solutions Private Limited |
| Parag Dattatraya Deshpande DIN 10056552 | Director | 20 Feb 2023 | 3 yrs 8 mo | Vitric Business Solutions Private Limited |
| Rucha Ravindra Kaskhedikar DIN 09515451 | Director | 09 Feb 2026 | 8 mo | Vitric Business Solutions Private Limited |
Financials of Vitric
Figures of Vitric Business Solutions Private Limited, the primary company behind Vitric, for FY 2024. Revenue was ₹66.9 Lakh (+133% year on year). Net profit was ₹88,860 (1% margin). EBITDA was ₹2 Lakh (3% margin). Revenue has grown at a compounded annual rate of +247% over three years and +56% over five years.
- ₹66.9 LakhRevenue · FY 2024 · +133% YoY
- ₹88,860Net profit · 1% margin
- ₹2 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- +247%Revenue CAGR, 3 years
- +56%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vitric Business Solutions Private Limited are on its company page.
Detailed financial statements for Vitric
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 Vitric
Vitric has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Vitric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Vitric
Vitric was founded in 2016.
Vitric is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
The primary company behind Vitric, Vitric Business Solutions Private Limited, reported revenue of ₹66.9 Lakh for FY 2024, up 133% year on year.
Vitric Business Solutions delivers IT services including digital transformation, data analytics, software development, cloud computing, and process automation. They help companies enhance productivity through end-to-end solutions and resource consulting. Based in Nagpur, India, with branches in the USA, Vitric serves businesses by automating processes and providing customer experience tools like their SAAS platform.
Vitric's top competitors include Happiest Minds and Datamatics.
Vitric offers Digital Transformation Services, Data Analytics Solutions, Software Product Development, Business Process Consulting, and 2 more products and services.
Vitric operates through Vitric Business Solutions Private Limited.
The legal entities of Vitric currently have 3 directors, including Sandeep Moreshwar Kolharkar, Parag Dattatraya Deshpande, Rucha Ravindra Kaskhedikar.