About VLift Technologies
VLift Technologies is a Business Services company based in Visakhapatnam (India) founded in 2019 by Phanindra Durbha and Lalitha Durbha. Elevator maintenance management solutions are provided for facility managers. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Its chief executive, as recorded, is Phanindra Durbha. Its Indian entity Vlift Technologies Private Limited reported revenue of ₹70.8 Lakh. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Maintenance Management.
Company details
VLift Technologies was founded in 2019 in Visakhapatnam, India, as a provider of elevator maintenance management solutions within the vertical transportation sector. The platform is designed for facility managers and encompasses maintenance for freight elevators, passenger elevators, and hospital lifts. Operations include support for elevators powered by batteries, solar energy, and inverters, serving various facility needs across the region.
- Headquarters Visakhapatnam, India
- Founders Phanindra Durbha, Lalitha Durbha
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Website vlifttechnologies.com
- Social LinkedIn Facebook
- Legal Name Vlift Technologies Private Limited
- Date of Incorporation 18 Mar, 2019
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹70.8 Lakh
FY 2024 · +149% YoY
- Net Profit₹1.2 Lakh
FY 2024 · 2% margin
- EBITDA₹2.9 Lakh
FY 2024 · 4% margin
Associated legal entities of VLift Technologies
VLift Technologies operates through Vlift Technologies 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 |
|---|---|---|---|---|---|---|---|
| Vlift Technologies Private Limited CIN U29100AP2019PTC111447 | Active | 18 Mar 2019 | Visakhapatnam, Andhra Pradesh | ₹0.7 Cr | 2 | View details |
Board of directors of Vlift Technologies Private Limited (VLift Technologies)
Vlift Technologies Private Limited is the primary company behind VLift Technologies. The board of Vlift Technologies Private Limited currently have 2 directors; the longest-serving is Durbha Venkata Phanindra, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Durbha Venkata Phanindra DIN 08392388 | Director | 18 Mar 2019 | 7 yrs 7 mo | Vlift Technologies Private Limited |
| Lalithamba Durbha DIN 08392389 | Director | 18 Mar 2019 | 7 yrs 7 mo | Vlift Technologies Private Limited |
People of VLift Technologies
2 people are tracked at VLift Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Lalitha Durbha | Co-Founder | Leadership |
Complete people profiles for VLift Technologies
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Financials of VLift Technologies
Figures of Vlift Technologies Private Limited, the primary company behind VLift Technologies, for FY 2024. Revenue was ₹70.8 Lakh (+149% year on year). Net profit was ₹1.2 Lakh (2% margin). EBITDA was ₹2.9 Lakh (4% margin). Revenue has grown at a compounded annual rate of +57% over three years.
- ₹70.8 LakhRevenue · FY 2024 · +149% YoY
- ₹1.2 LakhNet profit · 2% margin
- ₹2.9 LakhEBITDA · 4% margin
- ₹10 LakhPaid-up capital
- +57%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vlift Technologies Private Limited are on its company page.
Detailed financial statements for VLift Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Top companies in Facility Management Platforms
2 companies that operate in the same segment as VLift Technologies (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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Frequently Asked Questions about VLift Technologies
VLift Technologies was founded in 2019.
VLift Technologies is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
Phanindra Durbha is the CEO of VLift Technologies, as recorded in our data. They have also founded this company.
The primary company behind VLift Technologies, Vlift Technologies Private Limited, reported revenue of ₹70.8 Lakh for FY 2024, up 149% year on year.
VLift Technologies was founded in 2019 in Visakhapatnam, India, as a provider of elevator maintenance management solutions within the vertical transportation sector. The platform is designed for facility managers and encompasses maintenance for freight elevators, passenger elevators, and hospital lifts. Operations include support for elevators powered by batteries, solar energy, and inverters, serving various facility needs across the region.
VLift Technologies operates through Vlift Technologies Private Limited.
The legal entities of VLift Technologies currently have 2 directors, including Durbha Venkata Phanindra, Lalithamba Durbha.