About WebGrid
WebGrid is a Technology company based in Hyderabad (India) founded in 2017. Software development and IT solutions services in Hyderabad. Its Indian entity Avantech Web Grid Private Limited reported revenue of ₹13.6 Lakh. WebGrid offers products and services including Website Development and Android Application Development. Its focus areas include Information Technology, Software Development, Custom Solutions and Web Applications.
Company details
Web Grid is recognized as a software development company in Hyderabad, India, where IT solutions are delivered to support business growth. Established in 2017, it has expanded services including digital marketing, app development, and cloud hosting to address market needs. The company is noted for its structured methodology involving requirement analysis, solution proposal, development, testing, and delivery with support. Client testimonials highlight efficient services and timely delivery, contributing to business reliability. Overall, IT innovations are provided by Web Grid to facilitate smooth business operations.
- 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 WebGrid
WebGrid operates through Avantech Web Grid 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 |
|---|---|---|---|---|---|---|---|
| Avantech Web Grid Private Limited CIN U72900TG2019PTC132358 | Active | 29 Apr 2019 | Hyderabad, Telangana | ₹0.1 Cr | 3 | View details |
Products & Services of WebGrid
WebGrid offers a comprehensive portfolio of products and services, including Website Development and Android Application Development.
Websites are developed by Web Grid to enhance business online presence and functionality.
Android applications are created by Web Grid to improve business operations and user engagement.
Apps and channels of WebGrid
its YouTube channel Web Grid has 16 subscribers.
Board of directors of Avantech Web Grid Private Limited (WebGrid)
Avantech Web Grid Private Limited is the primary company behind WebGrid. The board of Avantech Web Grid Private Limited 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 | Managing Director | 29 Apr 2019 | 7 yrs 5 mo | Avantech Web Grid Private Limited |
| Madhavi Shivakoti DIN 02437196 | Director | 18 Nov 2022 | 3 yrs 11 mo | Avantech Web Grid Private Limited |
Financials of WebGrid
Figures of Avantech Web Grid Private Limited, the primary company behind WebGrid, 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 WebGrid
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Frequently Asked Questions about WebGrid
WebGrid was founded in 2017.
WebGrid is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind WebGrid, Avantech Web Grid Private Limited, reported revenue of ₹13.6 Lakh for FY 2024, up 4% year on year.
Web Grid is recognized as a software development company in Hyderabad, India, where IT solutions are delivered to support business growth. Established in 2017, it has expanded services including digital marketing, app development, and cloud hosting to address market needs. The company is noted for its structured methodology involving requirement analysis, solution proposal, development, testing, and delivery with support. Client testimonials highlight efficient services and timely delivery, contributing to business reliability. Overall, IT innovations are provided by Web Grid to facilitate smooth business operations.
WebGrid offers Website Development and Android Application Development.
WebGrid operates through Avantech Web Grid Private Limited.
The legal entities of WebGrid currently have 3 directors, including Venkata Chary Shivakoti, Sidhartha Shivakoti, Madhavi Shivakoti.