What we do Wherrelz IT Solutions Ltd is an IT company specializing in software development, networking, cybersecurity, ERP, IoT, and cloud solutions serving diverse sectors like ecommerce and fintech. |
Founded in 2,014 |
Market share Emerging IT player with growing domestic and international presence, leveraging advanced tech for enterprise solutions. |
Problem solved Streamlines business processes and enhances operational efficiency through customized IT software and technology consultancy. |
Top clients or who we serve B2B and B2C clients across ecommerce, education, fintech, healthcare, and social networking industries. |
Key management - |
Our journey and innovations Founded in 2014, became public in 2021; integrates AI, IoT, and cloud in delivering next-gen IT services; owns Infinitybeam IOT Labs subsidiary. |
Where we operate India (primary) and foreign markets with a growing global customer base. |
Top products or what we offer Software solutions including ERP, CRM (SugarCRM, SuiteCRM), cybersecurity tools, IoT applications, and cloud-based enterprise software. |
Top brands Key offerings: Custom CRM solutions, Dynamics 365 CRM partnership, Nopcommerce, Uniware warehousing software, and Infinitybeam IoT products. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue predominantly from project-based contracts and ongoing software maintenance, mix of recurring and cyclical. |
Our industry position Positioned as a tech-forward mid-sized IT solutions provider with focus on customized enterprise software and innovative technologies. |
Financial highlights Revenue Rs. 10.7 Cr (FY2024-25), posted net loss of Rs. 8.9 Cr due to expansion, prior year profit Rs. 0.1 Cr; expects future growth. |
Geographical revenue split 70% domestic, 30% international revenue contribution (FY2024-25). |
Order book - |
Whats driving growth Demand for digital transformation, AI, IoT adoption in businesses, and expanding cloud services drive growth. |
Our future plans Focus on scaling operations, enhancing AI and IoT portfolios, and strengthening client base domestically and abroad. |
Our green promise - |
Our people and values Committed to continuous R&D, employee skill development, and maintaining client-centric practices. |
Key challenges ahead Overcoming net losses, increasing competition, sustaining innovation, and expanding market share internationally. |
Interesting facts Converted from private to public company in 2021; subsidiary Infinitybeam IOT Labs boosts IoT offerings. |
Risks and strategy Mitigates risks with diversified tech stack, continuous innovation, and expanding service portfolio to capture new markets. |
