
About Web Grid
Web Grid is a Technology company based in Hyderabad (India) founded in 2012. It offers application development services for custom software solutions. It operates on a B2B model. Its Indian entity Avantech Web Grid Private Limited reported revenue of βΉ13.6 Lakh. Its focus areas include Software Development, Custom Applications and Development Services.
Company details
Web Grid, based in Hyderabad, focuses on leveraging cutting-edge technology, creating custom software solutions, custom applications, and development services. Offers application development services for custom software solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website webgrid.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Avantech Web Grid Private Limited
- Date of Incorporation 29 Apr, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹13.6 Lakh
FY 2024 · +4% YoY
- Net Loss-₹12.5 Lakh
FY 2024 · -92% margin
- EBITDA-₹12.2 Lakh
FY 2024 · -89% margin
Associated legal entities of Web Grid
Web Grid is associated with 2 registered companies on The Company Check; the primary company is Avantech Web Grid 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 |
|---|---|---|---|---|---|---|---|
| Avantech Web Grid Private Limited CIN U72900TG2019PTC132358 | Active | 29 Apr 2019 | Hyderabad, Telangana | ₹0.1 Cr | 3 | View details | |
| Nutsby Fitcare Llp CIN ACB-9509 | Active | 10 Jul 2023 | Hyderabad, Telangana | 2 | View details |
Apps and channels of Web Grid
its YouTube channel Web Grid has 16 subscribers.
Board of directors of Avantech Web Grid Private Limited (Web Grid)
Avantech Web Grid Private Limited is the primary company behind Web Grid. The boards of the 2 registered companies of Web Grid currently have 3 directors; the longest-serving is Venkata Chary Shivakoti, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Chary Shivakoti DIN 02257654 | Director | 29 Apr 2019 | 7 yrs 5 mo | Avantech Web Grid Private Limited |
| Sidhartha Shivakoti DIN 08437188 | Designated Partner | 10 Jul 2023 | 3 yrs 3 mo | Nutsby Fitcare Llp, Avantech Web Grid Private Limited |
| Madhavi Shivakoti DIN 02437196 | Designated Partner | 10 Jul 2023 | 3 yrs 3 mo | Nutsby Fitcare Llp, Avantech Web Grid Private Limited |
Financials of Web Grid
Figures of Avantech Web Grid Private Limited, the primary company behind Web Grid, for FY 2024. Revenue was ₹13.6 Lakh (+4% year on year). Net loss was -₹12.5 Lakh (-92% margin). EBITDA was -₹12.2 Lakh (-89% margin). Revenue has grown at a compounded annual rate of +28% over three years.
- ₹13.6 LakhRevenue · FY 2024 · +4% YoY
- -₹12.5 LakhNet loss · -92% margin
- -₹12.2 LakhEBITDA · -89% margin
- ₹9 LakhPaid-up capital
- +28%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Avantech Web Grid Private Limited are on its company page.
Detailed financial statements for Web Grid
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Web Grid
The website of Web Grid (webgrid.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 5% vs previous month
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Frequently Asked Questions about Web Grid
Web Grid was founded in 2012.
Web Grid is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Web Grid, Avantech Web Grid Private Limited, reported revenue of βΉ13.6 Lakh for FY 2024, up 4% year on year.
Web Grid, based in Hyderabad, focuses on leveraging cutting-edge technology, creating custom software solutions, custom applications, and development services. Offers application development services for custom software solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Web Grid is associated with 2 legal entities: Avantech Web Grid Private Limited, Nutsby Fitcare Llp.
The legal entities of Web Grid currently have 3 directors, including Sidhartha Shivakoti, Madhavi Shivakoti, Venkata Chary Shivakoti.