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Coherendz - About the company

Coherendz is a seed company based in Hyderabad (India), founded in 2008 by Sanjeev Chowdary Kosaraju, Paresh Masade, Mukunda Rao Masade and Satyanarayana Kosaraju. It operates as a Provider of web, mobile application & software development services. Coherendz has raised $1.38M in funding from Ran Ventures and Samaikya Edu, with a current valuation of $*****. The company has 61670 active competitors, including 331 funded and 1285 that have exited. Its top competitors include companies like GirnarSOFT, Gigster and Unicorn.

Company Details

Email ID
*****@vaave.com
Phone Number
+91 **********
Registered Address
H.No. 2-17-76/3/1, Plot No.105, Raghavendra Nagar Uppal, HYDERABAD, Telangana, India, 500039
Key Metrics
Founded Year
2008
Location
Hyderabad, India
Stage
Seed
Total Funding
$1.38M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 29, 2026
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
49 as on May 31, 2025
Similar Companies
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Coherendz's funding and investors

Coherendz has raised a total funding of $1.38M over 11 rounds. Its first funding round was on Mar 31, 2014. Its latest funding round was a Seed round on Jul 22, 2025 for $*****. 3 investors participated in its latest round. Coherendz has 10 institutional investors and 52 angel investors.

Here is the list of recent funding rounds of Coherendz:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 22, 2025
4152737
Seed
4883852
4855262
9872640
8775748
Jun 04, 2021
8693012
Seed
8852206
1838931
2499194
Mar 26, 2021
7821351
Angel
9455197
2587348
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Coherendz's founders and board of directors

Founder? Claim Profile
Here are the details of Coherendz's key team members:

Coherendz's Board of Directors

Coherendz's board has 3 active members. Paresh Masade and Jaipal Reddy Kadaari are part of team and Yasaswy Peesapati is independent board member.
Here is the list of Coherendz's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 8m
sypjtku
Team
-
Past
4y 4m
bhxzdqz
Team
-
Current
7y 9m
s{exyem
Team
-
Past
6y 2m
Independent board member
-
Current
8y 5m
vbwzhdj
Independent board member
-
Past
2y 9m

Coherendz's employee count trend

Coherendz has 49 employees as of May 25. The total employee count is 26.0% more than what it was in May 24. Here is Coherendz's employee count trend over the years:
Employee count trend for Coherendz
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Coherendz's Competitors and alternates

Top competitors of Coherendz include GirnarSOFT, Gigster and Unicorn. Here is the list of Top 10 competitors of Coherendz, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GirnarSOFT
GirnarSOFT
2007, Jaipur (India), Series E
Provider of website, web & mobile application development, BI, and digital marketing services
$620M
78/100
2nd
Logo for Gigster
Gigster
2013, Austin (United States), Acquired
Provider of software development services
$32.5M
68/100
3rd
Logo for Unicorn
Unicorn
1990, Prague (Czech Republic), Acquired
Provider of software development services
$12M
66/100
4th
Logo for MWM
MWM
2012, Boulogne billancourt (France), Series C
Mobile app development studio and publisher that uses AI technologies
$67M
65/100
5th
Logo for Hedgehog lab
Hedgehog lab
2007, Newcastle Upon Tyne (United Kingdom), Series A
Provider of mobile application development and UX design services
$9.49M
60/100
6th
Logo for Capital Numbers
Capital Numbers
2012, Kolkata (India), Public
Provider of application development and DevOps services
-
-
58/100
7th
Logo for Fixstars Corporation
Fixstars Corporation
2002, Tokyo (Japan), Public
Provider of software acceleration solutions and cloud services
-
56/100
8th
Logo for FPT Software
FPT Software
1999, Hanoi (Vietnam), Unfunded
Provider of application development and UI/UX design services
-
-
55/100
9th
Logo for Tset
Tset
2017, Kuchl (Austria), Acquired
Provider of software development services
$13.8M
55/100
10th
Logo for Machint
Machint
2018, Hyderabad (India), Series A
Provider of software development and consulting services
$8.63M
55/100
155th
Logo for Coherendz
Coherendz
2008, Hyderabad (India), Seed
Provider of web, mobile application & software development services
$1.38M
44/100
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Coherendz's Latest cap tables and shareholding

Founders (largest shareholder) own 27.66%, Funds own 5.93%, Enterprises own 2.46% and Angels own 25.02%. The net worth of Coherendz's founders is INR 14.2Cr as of Jan 29, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
27.66%
14.2Cr
2764280
2731636
8869064
7322822
Fund
5.93%
3.05Cr
34932
27833
67540
16296
62
88
84
19
32
97
34
31
88
10
26
54
Enterprise
2.46%
1.27Cr
78
68
78
69
Angel
25.02%
12.9Cr
9116724
8876248
2926491
8807104
6
7
8
2
6
4
2
1
7
5
1
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
38.92%
20Cr
5825465
9470084
5482375
5726087
Total
100.00%
51.4Cr
6833286
9657325
9776181
5165928
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Coherendz's Shareholding

Coherendz's Investments and acquisitions

Coherendz has made no investments or acquisitions yet.

Reports related to Coherendz

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News related to Coherendz

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FAQs about Coherendz

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