About Vsquare System
Vsquare System is a Technology company based in Pune (India) founded in 2014 by Ajay Deshmukh. It provides IT services, advanced analytics, and products for business optimization and innovation. It operates on a B2B and SaaS model in Technology and Financial Services sectors. The company has 24 employees. Its chief executive is Ajay Deshmukh. Its Indian entity Vsquare Systems Private Limited reported revenue of ₹11.68 Cr. Vsquare System offers products and services including Vsmart IIOT, VSmart Inventory Management Platform, VSmart Leads Management Platform, and Vsoft Action Tracker. Its focus areas include Data Analytics, Advanced Analytics, IIoT Solutions and IT Services. 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
Vsquare Systems Pvt. Ltd. is an IT company specializing in advanced analytics and digital transformation solutions. Based in Pune, India, with an office in Frisco, USA, they leverage technologies like IIoT and machine learning to help clients optimize operations, predict failures, and manage inventory. Their services include seamless integration with existing systems and predictive analytics for better decision-making. They work with various businesses to drive efficiency and growth through data-driven approaches.
- Headquarters Pune, India
- Employees 24
- Founders Ajay Deshmukh
- SectorsTechnologyFinancial Services
- Website vsquaresystem.com
- Social X
- Legal Name Vsquare Systems Private Limited
- Date of Incorporation 22 Aug, 2014
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹11.68 Cr
FY 2025 · +29% YoY
- Net Profit₹1.08 Cr
FY 2025 · 9% margin
- EBITDA₹1.51 Cr
FY 2025 · 13% margin
- Employee Count24
Associated legal entities of Vsquare System
Vsquare System operates through Vsquare Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vsquare Systems Private Limited CIN U72200PN2014PTC152271 | Active | 22 Aug 2014 | Pune, Maharashtra | ₹11.7 Cr | 24 | 2 | View details |
Products & Services of Vsquare System
Vsquare System offers a comprehensive portfolio of products and services, including Vsmart IIOT, VSmart Inventory Management Platform, VSmart Leads Management Platform, and Vsoft Action Tracker.
Platform for machine connectivity and predictive maintenance using analytics.
Tool for optimizing inventory levels with data-driven predictions.
System for analyzing leads using machine learning algorithms.
Tool for real-time tracking of organizational activities and status.
Board of directors of Vsquare Systems Private Limited (Vsquare System)
Vsquare Systems Private Limited is the primary company behind Vsquare System. The board of Vsquare Systems Private Limited currently have 2 directors; the longest-serving is Ajay Vijayrao Deshmukh, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Vijayrao Deshmukh DIN 07099541 | Director | 17 Feb 2015 | 11 yrs 8 mo | Vsquare Systems Private Limited |
| Koustubh Kiran Godbole DIN 09288698 | Director | 03 Jul 2023 | 3 yrs 3 mo | Vsquare Systems Private Limited |
People of Vsquare System
4 people are tracked at Vsquare System (1 in leadership, 3 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership | |
Dhanshri Randive | Human Resources Manager | Team |
Akhilesh Barhate | Administrative Assistant | Team |
Sonal Thakre | Senior Human Resources Manager | Team |
Complete people profiles for Vsquare System
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Financials of Vsquare System
Figures of Vsquare Systems Private Limited, the primary company behind Vsquare System, for FY 2025. Revenue was ₹11.68 Cr (+29% year on year). Net profit was ₹1.08 Cr (9% margin). EBITDA was ₹1.51 Cr (13% margin). Revenue has grown at a compounded annual rate of +15% over three years and +21% over five years.
- ₹11.68 CrRevenue · FY 2025 · +29% YoY
- ₹1.08 CrNet profit · 9% margin
- ₹1.51 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 24Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vsquare Systems Private Limited are on its company page.
Detailed financial statements for Vsquare System
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Similar companies to Vsquare System
Vsquare System 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 Vsquare System
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Top companies in Industrial IoT & Smart Manufacturing
10 companies that operate in the same segment as Vsquare System (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 152.78 M | USD 70.12 M | 266 | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 1,330 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Vsquare System
Vsquare System was founded in 2014.
Vsquare System is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Ajay Deshmukh is the current CEO of Vsquare System. They have also founded this company.
Vsquare System has 24 employees.
The primary company behind Vsquare System, Vsquare Systems Private Limited, reported revenue of ₹11.68 Cr for FY 2025, up 29% year on year.
Vsquare Systems Pvt. Ltd. is an IT company specializing in advanced analytics and digital transformation solutions. Based in Pune, India, with an office in Frisco, USA, they leverage technologies like IIoT and machine learning to help clients optimize operations, predict failures, and manage inventory. Their services include seamless integration with existing systems and predictive analytics for better decision-making. They work with various businesses to drive efficiency and growth through data-driven approaches.
Vsquare System's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Vsquare System offers Vsmart IIOT, VSmart Inventory Management Platform, VSmart Leads Management Platform, and Vsoft Action Tracker.
Vsquare System operates through Vsquare Systems Private Limited.
The legal entities of Vsquare System currently have 2 directors, including Ajay Vijayrao Deshmukh, Koustubh Kiran Godbole.