Sloyd Ventures (P) Ltd.
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Sloyd Ventures (P) Ltd. - overview
Location
Secunderabad, Telangana, India
Primary Industry
Internet
About
Sloyd Ventures (P) Ltd. is a technology-focused company dedicated to delivering software solutions that enhance operational efficiencies across various industries. Its innovative applications cater to the specific needs of enterprise clients, particularly in finance, healthcare, and logistics. Sloyd Ventures (P) Ltd.
specializes in technology solutions, with its headquarters located in Secunderabad, India. The company was founded by Mitesh Majithia, who has prior experience in launching other ventures. The firm has successfully completed one funding deal, raising capital in November 2014 from the investor Brand Capital. Sloyd Ventures primarily offers a suite of software applications designed to improve operational efficiencies in sectors such as finance, healthcare, and logistics.
These products aim to streamline processes, enhance data management, and facilitate communication among stakeholders. The company has gained traction with enterprise clients in North America and Europe, serving both large corporations and mid-sized companies. Its flagship products have been released over the past three years, establishing a competitive position in the technology market. In 2023, Sloyd Ventures reported a revenue of USD 18.
09 mn, with an EBITDA of USD 133,971. The company generates its revenue through subscription services and direct partnerships, primarily engaging clients through annual licensing agreements that provide regular updates and support. Pricing plans are tailored to different operational scales, fostering loyalty and repeat business among clients. Sloyd Ventures plans to expand its product offerings, focusing on new software solutions designed to meet evolving market demands.
The company aims to enter additional markets in Asia and Europe by 2025. Recent funding from Brand Capital will be utilized to support these initiatives, enhancing product development and facilitating market entry strategies.
Current Investors
Brand Capital
Primary Industry
Internet
Sub Industries
Web Applications
Website
www.ynew.in
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Sloyd Ventures (P) Ltd. - timeline of key events
Sloyd Ventures (P) Ltd. - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,634,928 | 8,388,682 | 2,486,948 | 63,658,022 | 201,411,074 | 416,316,234 | 187,776,054 | 351,688,371 | 311,383,635 | - | - | - |
| % Revenue Growth (YoY) | - | 413.1% | (70.4%) | 2459.7% | 216.4% | 106.7% | (54.9%) | 87.3% | (11.5%) | - | - | - |
| EBITDA (USD) | (332,753) | - | (11,871,012) | (9,373,154) | 2,048,912 | 8,030,199 | (8,979,111) | 14,376,653 | 16,805,329 | - | - | - |
| Operating Income (USD) | (663,907) | - | (13,196,689) | (10,141,659) | 623,077 | 7,175,471 | (10,477,743) | 11,823,390 | 14,497,953 | - | - | - |
| Operating Margin | (40.6%) | - | (530.6%) | (15.9%) | 0.3% | 1.7% | (5.6%) | 3.4% | 4.7% | - | - | - |
| % EBITDA Margin | (20.4%) | - | (477.3%) | (14.7%) | 1.0% | 1.9% | (4.8%) | 4.1% | 5.4% | - | - | - |
| NET Income (USD) | (623,509) | (2,389,543) | (13,145,667) | (9,205,161) | 700,635 | 1,187,845 | (19,618,838) | 2,156,937 | 5,982,634 | - | - | - |
| % Net Margin | (38.1%) | (28.5%) | (528.6%) | (14.5%) | 0.3% | 0.3% | (10.4%) | 0.6% | 1.9% | - | - | - |
Sloyd Ventures (P) Ltd. - employee data
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