About Zagg Network
Zagg Network is a Technology company based in India founded in 2020. It specializes in blockchain development, including smart contracts and DLT solutions. It operates on a B2B model. Its Indian entity Zagg Network Private Limited reported revenue of ₹66.63 Cr. Its focus areas include Software Development, Blockchain Solutions and Smart Contracts and DLT. Its competitors include Lydian Labs, SKYPlay, Jump Crypto, Nametag and Injective Labs and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Zagg Network operates with a B2B model, focusing on leveraging cutting-edge technology, creating custom software solutions, blockchain solutions, and smart contracts and dlt. Specializes in blockchain development, including smart contracts and DLT solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters India
- SectorsTechnology
- Website zaggnetwork.com
- Legal Name Zagg Network Private Limited
- Date of Incorporation 31 Jan, 2005
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹66.63 Cr
FY 2024 · +4% YoY
- Net Profit₹31.2 Lakh
FY 2024 · 0% margin
- EBITDA₹31.2 Lakh
FY 2024 · 0% margin
Associated legal entities of Zagg Network
Zagg Network operates through Zagg Network 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 |
|---|---|---|---|---|---|---|---|
| Zagg Network Private Limited CIN U74999TG2005PTC045216 | Active | 31 Jan 2005 | Hyderabad, Telangana | ₹66.6 Cr | – | 3 | View details |
Board of directors of Zagg Network Private Limited (Zagg Network)
Zagg Network Private Limited is the primary company behind Zagg Network. The board of Zagg Network Private Limited currently have 3 directors; the longest-serving is Ram Kumar Gollamudilaxminarasimha, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ram Kumar Gollamudilaxminarasimha DIN 02700230 | Director | 25 Mar 2019 | 7 yrs 6 mo | Zagg Network Private Limited |
| Ravikanth Andhavarapu DIN 08096853 | Director | 25 Apr 2019 | 7 yrs 5 mo | Zagg Network Private Limited |
| Jnaneswara Venakatesh Kandipalli DIN 07190688 | Director | 13 Jun 2019 | 7 yrs 4 mo | Zagg Network Private Limited |
Financials of Zagg Network
Figures of Zagg Network Private Limited, the primary company behind Zagg Network, for FY 2024. Revenue was ₹66.63 Cr (+4% year on year). Net profit was ₹31.2 Lakh (0% margin). EBITDA was ₹31.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of +13% over three years and +803% over five years.
- ₹66.63 CrRevenue · FY 2024 · +4% YoY
- ₹31.2 LakhNet profit · 0% margin
- ₹31.2 LakhEBITDA · 0% margin
- ₹5 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- +803%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zagg Network Private Limited are on its company page.
Detailed financial statements for Zagg Network
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
Verified entity values are shown only after access is granted.
Competitors of Zagg Network
Zagg Network has 8 listed competitors in our database, 7 of them funded. They include Lydian Labs, SKYPlay, Jump Crypto, Nametag and Injective Labs, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lydianlabs.com | 2021 | Cambridge, United States | $17.98M | 19 | Developer of technology to recycle CO2 emissions into carbon-neutral fuels | |
| skyplay.io | 2022 | Singapore | $10M | – | An online marketplace for play-to-earn NFT gaming is operated. | |
| jumpcrypto.com | 2015 | Chicago, United States | – | 995 | Develops blockchain tools and trades in Web3 networks for community-driven tech. | |
| nametag.org | 2021 | Seattle, United States | $2M | – | Video games, apps, and blockchains are developed by Nametag. | |
| injectivelabs.org | 2018 | New York, United States | $190M | – | Blockchain development services are provided by Injective Labs since 2018. | |
| ellipsislabs.xyz | 2022 | New York, United States | $47.33M | – | Blockchain development services are provided to clients worldwide. | |
| thebinaryholdings.com | 2023 | Dubai, United Arab Emirates | $13M | – | Web3 infrastructure is provided for telecom dApp distribution. | |
| prometheum.com | 1999 | New York, United States | $63.04M | – | Platform for issuance, trading, clearing & settling of tokenized securities |
Detailed competitors of Zagg Network
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Blockchain & Decentralized Infrastructure
10 companies that operate in the same segment as Zagg Network (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Zagg Network
Zagg Network was founded in 2020.
Zagg Network is headquartered in India.
The primary company behind Zagg Network, Zagg Network Private Limited, reported revenue of ₹66.63 Cr for FY 2024, up 4% year on year.
Zagg Network operates with a B2B model, focusing on leveraging cutting-edge technology, creating custom software solutions, blockchain solutions, and smart contracts and dlt. Specializes in blockchain development, including smart contracts and DLT solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Zagg Network's top competitors include Lydian Labs, Prometheum and Nametag.
Zagg Network operates through Zagg Network Private Limited.
The legal entities of Zagg Network currently have 3 directors, including Jnaneswara Venakatesh Kandipalli, Ravikanth Andhavarapu, Ram Kumar Gollamudilaxminarasimha.