About YK Innosoft
YK Innosoft is a Financial Services company based in Hyderabad (India) founded in 2014. It provides software for cooperative banking and mobile app development services. It operates on a B2B and Service-based model in Financial Services and Technology sectors. The company has 9 employees. Its Indian entity Yk Innosoft Technologies Private Limited reported revenue of ₹72.3 Lakh. YK Innosoft offers products and services including SmartCBS, Employee Credit Society Software, and Mobile App Development. Its focus areas include FinTech, Banking Tech, Core Banking and Cooperative Banking.
Company details
YK Innosoft Technologies develops automated software solutions for cooperative banks and credit societies, including SmartCBS for daily operations. They also specialize in mobile app development using technologies like Java and Objective C. Based in Hyderabad, India, they focus on enhancing service delivery and customer support, serving financial institutions and businesses.
- Headquarters Hyderabad, India
- Employees 9
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website ykinnosoft.com
- Social LinkedIn X Facebook
- Legal Name Yk Innosoft Technologies Private Limited
- Date of Incorporation 02 Dec, 2014
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹72.3 Lakh
FY 2024 · +35% YoY
- Net Loss-₹8,767
FY 2024 · 0% margin
- EBITDA₹69,211
FY 2024 · 1% margin
- Employee Count9
Associated legal entities of YK Innosoft
YK Innosoft operates through Yk Innosoft Technologies 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 |
|---|---|---|---|---|---|---|---|
| Yk Innosoft Technologies Private Limited CIN U72900TG2014PTC096640 | Active | 02 Dec 2014 | Hyderabad, Telangana | ₹0.7 Cr | 9 | 2 | View details |
Products & Services of YK Innosoft
YK Innosoft offers a comprehensive portfolio of products and services, including SmartCBS, Employee Credit Society Software, and Mobile App Development.
Automates operations for cooperative banks and credit societies.
Manages daily operations in employee credit societies.
Creates device-specific apps using Java and Objective C.
Board of directors of Yk Innosoft Technologies Private Limited (YK Innosoft)
Yk Innosoft Technologies Private Limited is the primary company behind YK Innosoft. The board of Yk Innosoft Technologies Private Limited currently have 2 directors; the longest-serving is Keerthipati Shravankumar Balaraju, appointed in 2014. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Keerthipati Shravankumar Balaraju DIN 06755333 | Director | 02 Dec 2014 | 11 yrs 10 mo | Yk Innosoft Technologies Private Limited |
| Dommaraju Lakshmi Prasanthi DIN 07280171 | Director | 04 Sep 2015 | 11 yrs 1 mo | Yk Innosoft Technologies Private Limited |
Financials of YK Innosoft
Figures of Yk Innosoft Technologies Private Limited, the primary company behind YK Innosoft, for FY 2024. Revenue was ₹72.3 Lakh (+35% year on year). Net loss was -₹8,767 (0% margin). EBITDA was ₹69,211 (1% margin). Revenue has grown at a compounded annual rate of +47% over three years and +23% over five years.
- ₹72.3 LakhRevenue · FY 2024 · +35% YoY
- -₹8,767Net loss · 0% margin
- ₹69,211EBITDA · 1% margin
- ₹22.5 LakhPaid-up capital
- 9Employees (provident fund records)
- +47%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Yk Innosoft Technologies Private Limited are on its company page.
Detailed financial statements for YK Innosoft
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Frequently Asked Questions about YK Innosoft
YK Innosoft was founded in 2014.
YK Innosoft is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
YK Innosoft has 9 employees.
The primary company behind YK Innosoft, Yk Innosoft Technologies Private Limited, reported revenue of ₹72.3 Lakh for FY 2024, up 35% year on year.
YK Innosoft Technologies develops automated software solutions for cooperative banks and credit societies, including SmartCBS for daily operations. They also specialize in mobile app development using technologies like Java and Objective C. Based in Hyderabad, India, they focus on enhancing service delivery and customer support, serving financial institutions and businesses.
YK Innosoft offers SmartCBS, Employee Credit Society Software, and Mobile App Development.
YK Innosoft operates through Yk Innosoft Technologies Private Limited.
The legal entities of YK Innosoft currently have 2 directors, including Keerthipati Shravankumar Balaraju, Dommaraju Lakshmi Prasanthi.