About Water Roots
Water Roots was a Technology company based in Bengaluru (India) founded in 2017. It offers horizontal application development and IT consulting services. It operates on a B2B model. Its Indian entity Water Roots Private Limited reported revenue of ₹9.3 Lakh. The company is recorded as dissolved. Its focus areas include Information Technology, Consulting and Development and Application Services. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Water Roots operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, consulting and development, and application services. Offers horizontal application development and IT consulting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- SectorsTechnology
- Website water-roots.com
- Legal Name Water Roots Private Limited
- Date of Incorporation 29 May, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.3 Lakh
FY 2022 · -68% YoY
- Net Loss-₹4.4 Lakh
FY 2022 · -47% margin
- EBITDA-₹4.3 Lakh
FY 2022 · -47% margin
Associated legal entities of Water Roots
Water Roots operates through Water Roots Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Water Roots Private Limited CIN U72900KA2017PTC103401 | Active | 29 May 2017 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Board of directors of Water Roots Private Limited (Water Roots)
Water Roots Private Limited is the primary company behind Water Roots. The board of Water Roots Private Limited currently have 2 directors; the longest-serving is Rajshekar Karunanithi, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajshekar Karunanithi DIN 05313373 | Director | 29 May 2017 | 9 yrs 4 mo | Water Roots Private Limited |
| Kiruthika Gunasekaran DIN 08528532 | Director | 29 Jul 2019 | 7 yrs 2 mo | Water Roots Private Limited |
Financials of Water Roots
Figures of Water Roots Private Limited, the primary company behind Water Roots, for FY 2022. Revenue was ₹9.3 Lakh (-68% year on year). Net loss was -₹4.4 Lakh (-47% margin). EBITDA was -₹4.3 Lakh (-47% margin). Revenue has grown at a compounded annual rate of -24% over three years.
- ₹9.3 LakhRevenue · FY 2022 · -68% YoY
- -₹4.4 LakhNet loss · -47% margin
- -₹4.3 LakhEBITDA · -47% margin
- ₹1 LakhPaid-up capital
- -24%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Water Roots Private Limited are on its company page.
Detailed financial statements for Water Roots
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Competitors of Water Roots
Water Roots 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 Water Roots
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Frequently Asked Questions about Water Roots
Water Roots was founded in 2017.
Water Roots is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Water Roots, Water Roots Private Limited, reported revenue of ₹9.3 Lakh for FY 2022, down 68% year on year.
Water Roots operates with a B2B model, focusing on leveraging cutting-edge technology, information technology, consulting and development, and application services. Offers horizontal application development and IT consulting services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Water Roots's top competitors include Happiest Minds and Datamatics.
Water Roots operates through Water Roots Private Limited.
The legal entities of Water Roots currently have 2 directors, including Rajshekar Karunanithi, Kiruthika Gunasekaran.