About VolkSoftech
VolkSoftech is a Technology company based in Hyderabad (India) founded in 2002. It offers specialized technology solutions for financial industry products. It operates on a B2B model. The company has 4 employees. Its Indian entity Volksoft Technologies Private Limited reported revenue of ₹4.9 Lakh. Its focus areas include Software, Financial Technology and Product Development. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
VolkSoftech, founded in 2002 in Hyderabad, India, focuses on leveraging cutting-edge technology, software, financial technology, and developing products. Offers specialized technology solutions for financial industry products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Hyderabad, India
- Employees 4
- SectorsTechnology
- Email••••••••
- Website volksoftech.com
- Social LinkedIn X Facebook
- Legal Name Volksoft Technologies Private Limited
- Date of Incorporation 11 Nov, 2003
- Jurisdiction Secunderabad, Telangana, India
- Annual Revenue₹4.9 Lakh
FY 2024 · -60% YoY
- Net Loss-₹11.8 Lakh
FY 2024 · -242% margin
- EBITDA-₹3 Lakh
FY 2024 · -61% margin
- Employee Count4
Associated legal entities of VolkSoftech
VolkSoftech is associated with 2 registered companies on The Company Check; the primary company is Volksoft Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Volksoft Technologies Private Limited CIN U72200TG2003PTC042039 | Active | 11 Nov 2003 | Secunderabad, Telangana | ₹0.0 Cr | 4 | 4 | View details |
| Volksoft Consulting Private Limited CIN U74999TG2016PTC111853 | Active | 07 Sep 2016 | Secunderabad, Telangana | ₹18.1 Cr | 104 | 4 | View details |
Board of directors of Volksoft Technologies Private Limited (VolkSoftech)
Volksoft Technologies Private Limited is the primary company behind VolkSoftech. The boards of the 2 registered companies of VolkSoftech currently have 4 directors; the longest-serving is Srinivas Thouta, appointed in 2003. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivas Thouta DIN 01912428 | Director | 11 Nov 2003 | 22 yrs 11 mo | Volksoft Technologies Private Limited, Volksoft Consulting Private Limited |
| Shashikanth Maidhampally DIN 03577696 | Director | 05 Feb 2004 | 22 yrs 9 mo | Volksoft Technologies Private Limited, Volksoft Consulting Private Limited |
| Raju Vuppala DIN 02839529 | Director | 05 Feb 2004 | 22 yrs 9 mo | Volksoft Technologies Private Limited, Volksoft Consulting Private Limited |
| Srinivasa Rao Byrisetty DIN 03577711 | Director | 06 Sep 2004 | 22 yrs 2 mo | Volksoft Technologies Private Limited, Volksoft Consulting Private Limited |
Financials of VolkSoftech
Figures of Volksoft Technologies Private Limited, the primary company behind VolkSoftech, for FY 2024. Revenue was ₹4.9 Lakh (-60% year on year). Net loss was -₹11.8 Lakh (-242% margin). EBITDA was -₹3 Lakh (-61% margin). Revenue has grown at a compounded annual rate of -48% over three years and -49% over five years.
- ₹4.9 LakhRevenue · FY 2024 · -60% YoY
- -₹11.8 LakhNet loss · -242% margin
- -₹3 LakhEBITDA · -61% margin
- ₹10 LakhPaid-up capital
- 4Employees (provident fund records)
- -48%Revenue CAGR, 3 years
- -49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Volksoft Technologies Private Limited are on its company page.
Detailed financial statements for VolkSoftech
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Verified entity values are shown only after access is granted.
Competitors of VolkSoftech
VolkSoftech 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 VolkSoftech
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as VolkSoftech (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about VolkSoftech
VolkSoftech was founded in 2002.
VolkSoftech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
VolkSoftech has 4 employees.
The primary company behind VolkSoftech, Volksoft Technologies Private Limited, reported revenue of ₹4.9 Lakh for FY 2024, down 60% year on year.
VolkSoftech, founded in 2002 in Hyderabad, India, focuses on leveraging cutting-edge technology, software, financial technology, and developing products. Offers specialized technology solutions for financial industry products. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
VolkSoftech's top competitors include Happiest Minds and Datamatics.
VolkSoftech is associated with 2 legal entities: Volksoft Technologies Private Limited, Volksoft Consulting Private Limited.
The legal entities of VolkSoftech currently have 4 directors, including Srinivasa Rao Byrisetty, Shashikanth Maidhampally, Raju Vuppala and others.