About Wifin Technologies
Wifin Technologies is a Technology company based in Chennai (India) founded in 2003, and was acquired by Apollo LogiSolutions in April 2016. Blockchain solutions for enterprises are developed and deployed. The company has 15 employees. Its chief executive, as recorded, is Raghavendra Prasad. Its focus areas include Business Services, Blockchain Services, Development and Blockchain Technology. Its legal entity in India is Wifin Technologies India Private Limited (U72200TN2004PTC077377).
Company details
Wifin Technologies was established in 2003 in Chennai, India. Blockchain-based solutions are provided to enterprises in various sectors. Operations are centered on integrating secure distributed ledger technologies for business processes. Services include platform development, smart contract implementation, and data management systems. The company is headquartered in Chennai and led by CEO Raghavendra Prasad, with a focus on enterprise-level applications.
- Headquarters Chennai, India
- Employees 15
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website wifintech.com
- Social LinkedIn X
- Acquired by Apollo LogiSolutions (Apr 2016)
- Legal Name Wifin Technologies India Private Limited
- Date of Incorporation 21 Jun, 2004
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹30,945
FY 2021 · -98% YoY
- Net Loss-₹14.1 Lakh
FY 2021 · -4562% margin
- EBITDA-₹1.5 Lakh
FY 2021 · -494% margin
- Investors
- Employee Count15
- Acquired byApollo LogiSolutions
(Apr 2016)
Associated legal entities of Wifin Technologies
Wifin Technologies operates through Wifin Technologies India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wifin Technologies India Private Limited CIN U72200TN2004PTC077377 | Active | 21 Jun 2004 | Chennai, Tamil Nadu | ₹0.0 Cr | 15 | 2 | View details |
Investors in Wifin Technologies
Wifin Technologies has secured backing from 1 investor. Prominent investors backing the company include Apollo LogiSolutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of road, air & sea freight forwarding, and logistics solutions | 2009 | apollologisolutions.com | Gurugram, India |
Investor details for Wifin Technologies
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- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Wifin Technologies India Private Limited (Wifin Technologies)
Wifin Technologies India Private Limited is the primary company behind Wifin Technologies. The board of Wifin Technologies India Private Limited currently have 2 directors; the longest-serving is Vengatachala Velkesh, appointed in 2019. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vengatachala Velkesh DIN 08248236 | Director | 27 Feb 2019 | 7 yrs 8 mo | Wifin Technologies India Private Limited |
| Raghavendra Prasad Venkataraman DIN 01805665 | Director | 27 Feb 2019 | 7 yrs 8 mo | Wifin Technologies India Private Limited |
People of Wifin Technologies
1 people are tracked at Wifin Technologies (1 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Wifin Technologies
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- Professional contacts
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Financials of Wifin Technologies
Figures of Wifin Technologies India Private Limited, the primary company behind Wifin Technologies, for FY 2021. Revenue was ₹30,945 (-98% year on year). Net loss was -₹14.1 Lakh (-4562% margin). EBITDA was -₹1.5 Lakh (-494% margin). Revenue has grown at a compounded annual rate of -91% over three years and -72% over five years.
- ₹30,945Revenue · FY 2021 · -98% YoY
- -₹14.1 LakhNet loss · -4562% margin
- -₹1.5 LakhEBITDA · -494% margin
- ₹12.6 LakhPaid-up capital
- 15Employees (provident fund records)
- -91%Revenue CAGR, 3 years
- -72%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wifin Technologies India Private Limited are on its company page.
Detailed financial statements for Wifin Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Wifin Technologies
2 dated milestones of Wifin Technologies across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Wifin Technologies is founded.
- Exit Acquired by Apollo LogiSolutions.
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Frequently Asked Questions about Wifin Technologies
Wifin Technologies was founded in 2003.
Wifin Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Raghavendra Prasad is the CEO of Wifin Technologies, as recorded in our data.
Wifin Technologies has 15 employees.
The primary company behind Wifin Technologies, Wifin Technologies India Private Limited, reported revenue of ₹30,945 for FY 2021, down 98% year on year.
Wifin Technologies was established in 2003 in Chennai, India. Blockchain-based solutions are provided to enterprises in various sectors. Operations are centered on integrating secure distributed ledger technologies for business processes. Services include platform development, smart contract implementation, and data management systems. The company is headquartered in Chennai and led by CEO Raghavendra Prasad, with a focus on enterprise-level applications.
Wifin Technologies has 1 investor. Key investors include Apollo LogiSolutions.
Wifin Technologies operates through Wifin Technologies India Private Limited.
Yes. Wifin Technologies was acquired by Apollo LogiSolutions in April 2016.
The legal entities of Wifin Technologies currently have 2 directors, including Vengatachala Velkesh, Raghavendra Prasad Venkataraman.