Yethi

Bengaluru, India Founded: 2013 • Age: 13 yrs Minicorn
Provider of quality assurance and testing automation services for banking and financial services industries

About Yethi

Yethi is a company based in Bengaluru (India) founded in 2013. Yethi has raised $5.3 million across 3 funding rounds from investors including Baring Private Equity Partners, Manoharan B and Gayathri Parthasarathy. The company has 975 employees. Yethi operates in a competitive market with competitors including Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, among others.

  • Headquarter Bengaluru, India
  • Employees 975
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Website yethi.in
  • Social LinkedIn
  • Legal Name Yethi Consulting Private Limited
  • Date of Incorporation 03 May, 2013
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹129 Cr

    FY 2024 · +31% YoY

  • Net Loss
    -₹2.91 Cr

    FY 2024 · -2% margin

  • EBITDA
    ₹1.05 Cr

    FY 2024 · 1% margin

  • Total Equity Funding
    $5.3M (USD)

    in 3 rounds

  • Investors
  • Employee Count
    975

Funding Insights of Yethi

Yethi has successfully raised a total of $5.3M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.3M
  • Total Rounds 3
  • First Round $281,230

    (Jul 2022)

  • Investors Count 3

All 3 funding rounds of Yethi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025–Series A–Baring Private Equity Partners
–
Sep 2022$5.02MSeries A$26.73MBaring Private Equity Partners
–
Jul 2022$281,230Angel Round$12.76MManoharan B
Valuation history
DateValuationStage
Sep 2022$26.73Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jul 2022$12.76Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $26.73M (Sep 2022). 3 investors in total: 1 institutional and 2 angel.

Investors in Yethi

Yethi has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Baring Private Equity Partners, Manoharan B and Gayathri Parthasarathy.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focusing on buyouts and investments in multiple sectors
1998bpepindia.comMumbai, India

Manoharan B

-
–unknown_805330128d3b4f68b-

Gayathri Parthasarathy

-
–unknown_afc449d638844dd69-
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Investor details for Yethi

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Board of directors of Yethi Consulting Private Limited (Yethi)

Yethi Consulting Private Limited is the primary company behind Yethi. The board of Yethi Consulting Private Limited currently have 3 directors; the longest-serving is Narasimhan Rajagopalan, appointed in 2013. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Narasimhan Rajagopalan
DIN 05241481
Director03 May 201313 yrs 5 moYethi Consulting Private Limited
Srirang Srikantha
DIN 06524564
Director03 May 201313 yrs 5 moYethi Consulting Private Limited
Arul Kamal Mehra
DIN 07645008
Director09 Sep 20224 yrs 1 moYethi Consulting Private Limited

People of Yethi

82 people are tracked at Yethi (22 in leadership, 60 in team); the tracked headcount is 975.

NameRoleGroup
CEOLeadership
Nikhil Sehgal
Director Account ManagementLeadership
Zoeb Adamali Madraswala
Director ~ Regional Head Delivery, CRM And BDLeadership
Srinjoy Sen
Sr. Regional Manager/head - EuropeLeadership
Anand B
Head Of Human ResourcesLeadership
Shivdeep Kv
DirectorLeadership
Sriram Sridharan
Director Of Product DevelopmentLeadership
Amitava Sanyal
VP - MENALeadership
Sudarsan Nambiraghavan
Chief Of StaffLeadership
Barath D
Chief Operating OfficerLeadership
Sitesh Srivastava
Chief Customer OfficerLeadership
Anirudha Kale
Vice President Payments SolutionsLeadership
Prasanna Kumar
Vice PresidentLeadership
Archis Khirwadkar
Sales DirectorLeadership
Syed Ali Rahman
Regional Sales Head - AfricaLeadership
Vijay Karthikeyan Ns
Director - Delivery Consulting PracticeLeadership
Manivannan K
Director - DeliveryLeadership
Saurabh Singh
Vice PresidentLeadership
Rakesh Dubey
Regional Business Head - North & EastLeadership
Randeep Singh
Head Of Captives BusinessLeadership

62 more people are available in the full profile.

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Complete people profiles for Yethi

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Financials of Yethi

Figures of Yethi Consulting Private Limited, the primary company behind Yethi, for FY 2024. Revenue was ₹129 Cr (+31% year on year). Net loss was -₹2.91 Cr (-2% margin). EBITDA was ₹1.05 Cr (1% margin). Revenue has grown at a compounded annual rate of +56% over three years and +33% over five years.

  • ₹129 CrRevenue · FY 2024 · +31% YoY
  • -₹2.91 CrNet loss · -2% margin
  • ₹1.05 CrEBITDA · 1% margin
  • ₹1.43 CrPaid-up capital
  • 975Employees (provident fund records)
  • +56%Revenue CAGR, 3 years
  • +33%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Yethi Consulting Private Limited are on its company page.

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Detailed financial statements for Yethi

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Timeline of Yethi

4 dated milestones of Yethi across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Yethi is founded.
  2. Funding First funding round of $281K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A,.

Competitors of Yethi

Yethi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sauce Labs, Headspin, Tricentis, Spirent and BrowserStack, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
saucelabs.com2008San Francisco, United States$227.74M146
Cloud based cross browser testing solutions provider
headspin.io2014Palo Alto, United States$113.08M80
Cloud-based IT experience and continuous testing solutions are offered.
tricentis.com2007Vienna, Austria$1.5B82
AI powered software testing suite
spirent.com1936Crawley, United Kingdom–1,582
Provider of automated testing and assurance solutions for networks, security, and positioning
browserstack.com2011Mumbai, India$253.3M1,153
Cloud based suite of software testing solutions
opkey.com2013Dublin, Ireland$56.75M–
AI-powered test automation platform for enterprise resource planning is provided.
lambdatest.com2017San Francisco, United States$108.4M406
Cloud-based cross-browser testing services are provided for web applications.
testim.io2014San Francisco, United States$23.6M–
Web test automation solutions provider
cypress.io2014Atlanta, United States$54.81M38
Testing frameworks for JavaScript applications are provided by Cypress.
smartbear.com2003Beverly, United States–310
Cloud-based tools for software testing and monitoring are offered.
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Detailed competitors of Yethi

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Web traffic of Yethi

The website of Yethi (yethi.in) receives about 6.5K visits a month.

  • Monthly visits
    6.5K

    ▼ 45.1% vs previous month

Latest news on Yethi

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Complete news archive for Yethi

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Similar companies to Yethi

10 companies that operate in the same segment as Yethi (Programming & Software Development Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.75 M––
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B2,810
Automated usability testing and feedback for mobile experiences is provided.
2007San Francisco, California, United StatesUSD 148.5 MUSD 21.68 M557
Crowdsourced testing platforms are offered for software quality assurance.
1966Framingham, Massachusetts, United StatesUSD 115.9 M––
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Cloud-based whiteboarding software is provided for team collaboration and communication.
2011San Francisco, California, United StatesUSD 501.3 M––
Security testing software is provided for code vulnerability detection.
2006Atlanta, Georgia, United StatesUSD 98.5 MUSD 3.35 M38
Honeycomb is recognized for providing observability solutions for distributed services.
2016San Francisco, California, United StatesUSD 144.9 M––
Cloud based suite of software testing solutions
2011Mumbai, Maharashtra, IndiaUSD 253.3 MUSD 75.19 M926
Cloud-based cross-browser testing services are provided for web applications.
2017San Francisco, California, United StatesUSD 108.4 MUSD 693.97 K48
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Frequently Asked Questions about Yethi

Yethi was founded in 2013 and raised its 1st funding round 9 years after it was founded.

Yethi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Srirang Srikantha is the current CEO of Yethi.

Yethi is a funded company, having raised a total of $5.3M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $281.23K, raised on Jul 2022.

Yethi has 975 employees.

The primary company behind Yethi, Yethi Consulting Private Limited, reported revenue of β‚Ή129 Cr for FY 2024, up 31% year on year.

Yethi was founded in 2013 in Bengaluru, India, as a software solutions firm focused on the banking and financial services industries. Quality assurance and testing automation platforms and services are delivered to support transaction modernization. Solutions encompass payment processing, assurance testing, and automation tools, with operations centered in India to address sector-specific needs in financial operations.

Yethi's top competitors include BrowserStack, LambdaTest and Headspin.

Yethi has 3 investors. Key investors include Baring Private Equity Partners, Manoharan B, and Gayathri Parthasarathy.

The valuation of Yethi is $26.73M as of Sep 2022.

Yethi operates through Yethi Consulting Private Limited.

The legal entities of Yethi currently have 3 directors, including Narasimhan Rajagopalan, Arul Kamal Mehra, Srirang Srikantha.

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