Web Grid

Hyderabad, India Founded: 2012 • Age: 14 yrs
Offers application development services for custom software solutions.

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 β‚Ή13.6 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.

Key Metrics
  • 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

Apps and channels of Web Grid

its YouTube channel Web Grid has 16 subscribers.

Web Grid
YouTube 16 subscribers Science & Technology
Open channel

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.

DirectorDesignationAppointedTenureEntity
Venkata Chary Shivakoti
DIN 02257654
Director29 Apr 20197 yrs 5 moAvantech Web Grid Private Limited
Sidhartha Shivakoti
DIN 08437188
Designated Partner10 Jul 20233 yrs 3 moNutsby Fitcare Llp, Avantech Web Grid Private Limited
Madhavi Shivakoti
DIN 02437196
Designated Partner10 Jul 20233 yrs 3 moNutsby 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.

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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

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Web traffic of Web Grid

The website of Web Grid (webgrid.in) receives about 2.3K visits a month.

  • Monthly visits
    2.3K

    ▼ 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 β‚Ή13.6 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.

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