Practus - About the company
Practus is a seed company based in Mumbai (India), founded in 2007 by Deepak Narayanan and Venkat S. It operates as a Provider of business transformation and implementation-focused consulting services. Practus has raised $974K in funding. The company has 3921 active competitors, including 54 funded and 80 that have exited. Its top competitors include companies like Happiest Minds, NTT DATA and Persistent.
Company Details
Provider of business transformation and implementation-focused consulting services. The firm delivers expertise in finance, digital, and general business enablement. It offers post-merger integration and data analytics as a service. It focuses on streamlining processes, optimizing performance, and enabling data-driven decisions.
- Website
- roibypractus.com
- Email ID
- *****@roibypractus.com
- Registered Address
- 512, A Wing, The Capital G- Block, Bandra Kurla Complex, Behind ICICI Bank, Plot- C70, Bandra East, Bandra(East), Mumbai, Bandra, Maharashtra, India, 400051
Key Metrics
Founded Year
2007
Location
Mumbai, India
Stage
Seed
Total Funding
$974K in 1 round
Latest Funding Round
Investors
Ranked
255th among 3921 active competitors
Annual Revenue
₹42.7Cr as on Mar 31, 2025
Employee Count
210 as on Apr 30, 2026
Similar Companies
Legal entities associated with Practus
Practus is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRACTUS PROFESSIONAL SERVICES PRIVATE LIMITED CIN: U74999MH2021PTC366842 , India, Active | Sep 03, 2021 | $3.65M (As on Mar 31, 2025) | - | |
PRACTUS ADVISORS PRIVATE LIMITED CIN: U74110MH2007PTC170400 , India, Active | Apr 28, 2007 | $5.05M (As on Mar 31, 2025) | 41 (As on Aug 01, 2025) | |
WEALTHTREE TECHNOLOGIES PRIVATE LIMITED CIN: U74999DL2017PTC321651 , India, Active | Aug 02, 2017 | $0 (As on Mar 31, 2020) | - |
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Practus's funding and investors
Practus has raised a total funding of $974K over 1 round. Its latest funding round was a Angel round on Jul 01, 2015 for $*****. 1 investor participated in its latest round. Practus has 1 angel investor.
Here is the list of recent funding rounds of Practus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2015 | 3227525 | Angel | 9757709 | 7800448 | 4583905 | 7577913 |
View details of Practus's funding rounds and investors
Practus' founders and board of directors
Founder? Claim ProfileHere are the details of Practus' key team members:
- Deepak Narayanan: Co-Founder & CEO of Practus and founder of 3 other companies, Practus, WealthTree and MyCFO. They serve on the boards of 2 companies.Contact Info: 3 email addresses
- Venkat S: Co-Founder of Practus and founder of 1 other company.
Practus' Board of Directors
Practus's board has 3 active members. Srinivasan Venkataraman and Deepak Narayanan are part of team and Smita Soni is independent board member.Here is the list of Practus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 18y 9m | |
Team | - | Current | 10y 8m | |
Independent board member | - | Current | 8y 1m | |
qhxomdo | Independent board member | - | Past | 5y 1m |
dcmrda{ | Independent board member | - | Past | 9y 1m |
View details of Practus's Founder profiles and Board Members
Practus' employee count trend
Practus has 210 employees as of Apr 26. Here is Practus's employee count trend over the years:
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Practus's Competitors and alternates
Top competitors of Practus include Happiest Minds, NTT DATA and Persistent. Here is the list of Top 10 competitors of Practus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Happiest Minds 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 77/100 | |
2nd | Provider of application development, cloud, cybersecurity, and business intelligence services | - | 71/100 | ||
3rd | Persistent 1990, Pune (India), Public | Provider of IT suite, consulting, data analytics, and digital transformation services | $18.8M | 70/100 | |
4th | Kaar Technologies 2005, Chennai (India), Series A | Consulting firm specializing in digital transformation and SAP expertise | $31.1M | 67/100 | |
5th | Huron Consulting Group 2002, Amman (Jordan), Public | Global consulting firm driving digital transformation, strategy, and operational excellence | - | 65/100 | |
6th | Tech Mahindra 1986, Pune (India), Public | Provider of data analytics, cloud management, and business process outsourcing services | - | 64/100 | |
7th | Cognizant 1994, Teaneck (United States), Public | Provider of software development, cloud & data management, and IT consulting services | - | 64/100 | |
8th | Provider of IT consulting and BPO services | - | 63/100 | ||
9th | Provider of IT services, consulting, and digital transformation solutions | - | 63/100 | ||
10th | Quantiphi 2013, Marlborough (United States), Series A | Provider of AI and machine learning services | $23.5M | 63/100 | |
255th | Provider of business transformation and implementation-focused consulting services | $974K | - | 29/100 |
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Practus's Investments and acquisitions
Practus has made no investments or acquisitions yet.
News related to Practus
•
Practus launches DisruptIQ – A suite of Business Analytics Solutions with Pathsetter AIBusiness News This Week•Jan 23, 2025•Practus
•
Practus Boosts Enterprise Valuation with Dynamic Cash Flow AllocationBusiness News This Week•Nov 18, 2024•Practus
•
Practus Lauded as “Best in Industry” for Professional Services ExcellenceBusiness News This Week•Jun 24, 2024•Practus
•
Great Place to Work Recognizes Practus amongst the Best WorkplacesTM in Professional ServicesBusiness News This Week•Jun 24, 2024•Practus
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