Where is Default located?

Default is headquartered in Delhi, India. It is registered at H. No. C4/18, Model Town 3, C-4 Block, North West, Delhi, Delhi, India, 110009.

Who is the current CEO of Default?

Varun Jain of Default. They have also founded 1 company.

Which legal entities is Default associated with?

Default is associated with 122 TECHNOLOGIES PRIVATE LIMITED.

How many employees does Default have?

As of Sep 30, 2026, the latest employee count at Default is 121.

What is the annual revenue of Default?

Annual revenue of Default is less than ₹10 Cr as on Mar 31, 2026

Where does Default rank among its competitors?

Default ranks 9315th amongst 71708 active competitors, of which 333 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Granite, which secured $10M in Nov, 2025.

Who are the top competitors of Default?

Default's top competitors include GirnarSOFT, Unicorn and Gigster. Among them, Granite secured the most recent funding round in November, 2025.

Default - 2026 Company Profile, Team, Competitors & Financials

Default is an unfunded company based in Delhi (India), founded in 2020 by Varun Jain and Akshit Rungta. It operates as a Provider of diversified application development services. Default has not raised any funding yet. The company has 71708 active competitors, including 333 funded and 1361 that have exited. Its top competitors include companies like GirnarSOFT, Unicorn and Gigster.

Company Details

Website: www.getdefault.in/
Registered Address: H. No. C4/18, Model Town 3, C-4 Block, North West, Delhi, Delhi, India, 110009

Key Metrics

Founded Year

2020

Location

Delhi, India

Stage

Unfunded

Ranked

9315^th among 71708 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2026

Employee Count

121 as on Sep 30, 2026

Similar Companies

GirnarSOFT & 93834 more

View Default's full profile

Default is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
122 TECHNOLOGIES PRIVATE LIMITED CIN: U72900DL2021PTC385112 , India, Active	Aug 12, 2021	0 - ₹10 Cr (As on Mar 31, 2026)	6 (As on Jan 31, 2024)

Default has not raised any funding rounds yet.

The founders of Default are Varun Jain and Akshit Rungta. Varun Jain is the CEO of Default.

Here are the details of Default's key team members:

Varun Jain: Founder & CEO of Default. They serve on the board of 1 company.
Akshit Rungta: Chief Operating Officer, Co-Founder of Default. They serve on the board of 1 company.

Default's Board of Directors

Default's board has 3 active members. Varun Jain is part of team and Rishabh Jain and Akshit Rungta are independent board members.

Here is the list of Default's board of directors:

Name	Type	Representing	Status	Duration
Varun Jain	Team	-	Current	5y 2m
Rishabh Jain	Independent board member	-	Current	5y 2m
nnjxzaf	Independent board member	-	Current	4y 1m

View details of Default's Founder profiles and Board Members

Default's employee count trend

Default has 121 employees as of Sep 26. Here is Default's employee count trend over the years:

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Top competitors of Default include GirnarSOFT, Unicorn and Gigster. Here is the list of Top 10 competitors of Default, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$736M	Peak XV Partners, Hillhouse & 43 others	78/100
2nd	Unicorn 1990, Prague (Czech Republic), Acquired	Provider of software development services	$12M	iAngels, Israel Seed Partners & 4 others	67/100
3rd	Gigster 2013, Austin (United States), Acquired	Provider of software development services	$32.5M	Redpoint Ventures, Felicis Ventures & 22 others	65/100
4th	Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A	Provider of mobile application development and UX design services	$9.49M	Maven Capital Partners, BGF & 1 others	60/100
5th	Capital Numbers 2012, Kolkata (India), Public	Provider of application development and DevOps services	-	-	58/100
6th	Tset 2017, Kuchl (Austria), Acquired	Provider of software development services	$13.8M	Carbon Removal Partners, Brose & 2 others	57/100
7th	Granite 2008, Cork (Ireland), Series A	Agency providing strategy and technology services	$10M	BGF, Continuous Ventures	56/100
8th	Fixstars Corporation 2002, Tokyo (Japan), Public	Provider of software acceleration solutions and cloud services	-	Mirai Creation Fund, SMBC Venture Capital ... & 2 others	56/100
9th	FPT Software 1999, Hanoi (Vietnam), Unfunded	Provider of application development and UI/UX design services	-	-	56/100
10th	Sylogist 1993, Calgary (Canada), Public	Limited information available	-	-	55/100
9315th	Default 2020, Delhi (India), Unfunded	Provider of diversified application development services	-	-	30/100

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122 TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Default, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of 122 TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -86% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	5281	8094	6389	1811	7528
Total Sales	6954	4287	6686	8119	5599
Total Expenses	7511	6214	9955	4139	7335
Operating Expenses	3015	7151	3823	3669	8044
Employee Expenses	9672	5459	3690	1141	8934
Operating Income (EBIT)	6482	1906	8993	4094	4627
Interest Expenses	1264	1831	4780	2752	5749
Expenses from other activities	3240	1157	9948	3495	6632
EBITDA	6670	2396	3675	8390	2429
Taxes	7693	2636	3379	5539	4462
Net Profit	7224	9480	8436	3539	4366
Balance Sheet
Assets	8346	1379	1550	3555	9052
Accounts Receivables	3277	1274	9466	7010	9740
Inventory	2906	3440	1524	1198	2011
Liabilities	1596	7725	9661	9394	3331
Total Debt	7735	4885	6560	4264	8285
Accounts Payable	7480	8392	3111	3285	8931
Equities	3671	6014	3284	3296	2348