About VRiT Techno Soft
VRiT Techno Soft is a Technology company based in Hyderabad (India) founded in 2017. It delivers application development, IT consulting, and related services. It operates on a B2B model. The company has 59 employees. Its Indian entity Vrit Techno Soft Private Limited reported revenue of ₹4.45 Cr. Its focus areas include Information Technology, Software Services and Application Development and Consulting. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed similar companies have raised funding.
Company details
VRiT Techno Soft, established in 2017, excels in leveraging cutting-edge technology, information technology, software services, and application development and consulting. Delivers application development, IT consulting, and related services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- Employees 59
- SectorsTechnology
- Website vrittechsoft.com
- Legal Name Vrit Techno Soft Private Limited
- Date of Incorporation 15 Feb, 2019
- Jurisdiction Hitech City Madhapur, Telangana, India
- Annual Revenue₹4.45 Cr
FY 2024 · -49% YoY
- Net Loss-₹4 Lakh
FY 2024 · -1% margin
- EBITDA₹1.6 Lakh
FY 2024 · 0% margin
- Employee Count59
Associated legal entities of VRiT Techno Soft
VRiT Techno Soft operates through Vrit Techno Soft 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 |
|---|---|---|---|---|---|---|---|
| Vrit Techno Soft Private Limited CIN U72900TG2019PTC130622 | Active | 15 Feb 2019 | Hyderabad, Telangana | ₹4.4 Cr | 59 | 3 | View details |
Board of directors of Vrit Techno Soft Private Limited (VRiT Techno Soft)
Vrit Techno Soft Private Limited is the primary company behind VRiT Techno Soft. The board of Vrit Techno Soft Private Limited currently have 3 directors; the longest-serving is Raghu Karnam, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raghu Karnam DIN 08364033 | Director | 15 Feb 2019 | 7 yrs 8 mo | Vrit Techno Soft Private Limited |
| Venu Madhav Nanenuganti DIN 08364034 | Director | 15 Feb 2019 | 7 yrs 8 mo | Vrit Techno Soft Private Limited |
| Pranitha Challuri DIN 09672889 | Director | 24 Aug 2022 | 4 yrs 1 mo | Vrit Techno Soft Private Limited |
Financials of VRiT Techno Soft
Figures of Vrit Techno Soft Private Limited, the primary company behind VRiT Techno Soft, for FY 2024. Revenue was ₹4.45 Cr (-49% year on year). Net loss was -₹4 Lakh (-1% margin). EBITDA was ₹1.6 Lakh (0% margin). Revenue has grown at a compounded annual rate of +97% over three years.
- ₹4.45 CrRevenue · FY 2024 · -49% YoY
- -₹4 LakhNet loss · -1% margin
- ₹1.6 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 59Employees (provident fund records)
- +97%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vrit Techno Soft Private Limited are on its company page.
Detailed financial statements for VRiT Techno Soft
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Similar companies to VRiT Techno Soft
VRiT Techno Soft has 9 listed similar companies in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of VRiT Techno Soft
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Top companies in IT Services & Operations
10 companies that operate in the same segment as VRiT Techno Soft (IT Services & Operations), 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 platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
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 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Vrit Techno Soft
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Frequently Asked Questions about VRiT Techno Soft
VRiT Techno Soft was founded in 2017.
VRiT Techno Soft is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
VRiT Techno Soft has 59 employees.
The primary company behind VRiT Techno Soft, Vrit Techno Soft Private Limited, reported revenue of ₹4.45 Cr for FY 2024, down 49% year on year.
VRiT Techno Soft, established in 2017, excels in leveraging cutting-edge technology, information technology, software services, and application development and consulting. Delivers application development, IT consulting, and related services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
VRiT Techno Soft's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
VRiT Techno Soft operates through Vrit Techno Soft Private Limited.
The legal entities of VRiT Techno Soft currently have 3 directors, including Raghu Karnam, Venu Madhav Nanenuganti, Pranitha Challuri.