When was Velotio Technologies founded?

Velotio Technologies was founded in 2016.

Where is Velotio Technologies located?

Velotio Technologies is headquartered in Pune, India. It is registered at GF-1-A, 6, Devika Tower, Nehru Place, Nehru Place, South Delhi, New Delhi, Delhi, India, 110019.

Who is the current CEO of Velotio Technologies?

Kalpak Shah of Velotio Technologies. They have also founded 1 company.

Which legal entities is Velotio Technologies associated with?

Velotio Technologies is associated with Velotio Technologies Private Limited.

How many employees does Velotio Technologies have?

As of Aug 31, 2025, Velotio Technologies has 366 employees, reflecting a 25% year-over-year growth in headcount.

Is Velotio Technologies a funded company?

Velotio Technologies is a funded company, having raised a total of $***** in its 1st and only funding round.

How much is Velotio Technologies worth?

The last known valuation of Velotio Technologies was $***** as of Jun 07, 2023.

What is the annual revenue of Velotio Technologies?

Annual revenue of Velotio Technologies is ₹149Cr as on Mar 31, 2025.

Where does Velotio Technologies rank among its competitors?

Velotio Technologies ranks 542nd amongst 132595 active competitors, of which 1022 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Deloitte, which secured $2.1M in Apr, 2025.

Who are the top competitors of Velotio Technologies?

Velotio Technologies' top competitors include IBM, UST and Wadiz. Among them, Deloitte secured the most recent funding round in April, 2025.

Velotio Technologies - 2026 Company Profile, Team, Competitors & Financials

Velotio Technologies is an acquired company based in Pune (India), founded in 2016 by Chirag Jog and Kalpak Shah. It operates as a Product development services provider. , with last known valuation of $*****. The company has 132595 active competitors, including 1022 funded and 7572 that have exited. Its top competitors include companies like IBM, UST and Wadiz.

Company Details

Website: www.velotio.com/
Social
Email ID: *****@velotio.com
Phone Number: +91 **********
Registered Address: GF-1-A, 6, Devika Tower, Nehru Place, Nehru Place, South Delhi, New Delhi, Delhi, India, 110019

Key Metrics

Founded Year

2016

Location

Pune, India

Stage

Acquired

Last Known Valuation

$***** as on Jun 07, 2023

Ranked

542^nd among 132595 active competitors

Annual Revenue

₹149Cr as on Mar 31, 2025

Employee Count

366 as on Aug 31, 2025

Investment & Acquisitions

ScaleWorx & 1 more

Similar Companies

IBM & 156482 more

Exit Details

Acquired by R Systems (Jun 07, 2023)

View Velotio Technologies' full profile

Velotio Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Velotio Technologies Private Limited CIN: U72100DL2016PTC434014 , India, Active	May 01, 2016	$17.6M (As on Mar 31, 2025)	366 (As on Aug 31, 2025)

Velotio Technologies got acquired by R Systems on Jun 07, 2023 at an acquisition amount of $*****.

Click here to take a look at Velotio Technologies's acquisition in detail

Velotio Technologies has not raised any funding rounds yet.

The founders of Velotio Technologies are Chirag Jog and Kalpak Shah. Kalpak Shah is the CEO of Velotio Technologies.

Here are the details of Velotio Technologies' key team members:

Chirag Jog: Co-Founder & CTO of Velotio Technologies.
Contact Info: 1 email address
Kalpak Shah: Co-Founder & CEO of Velotio Technologies.

View details of Velotio Technologies's Founder profiles and Board Members

Velotio Technologies' employee count trend

Velotio Technologies has 366 employees as of Aug 25. The total employee count is 25.0% more than what it was in Aug 24. Here is Velotio Technologies's employee count trend over the years:

Employee count trend for Velotio Technologies

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Top competitors of Velotio Technologies include IBM, UST and Wadiz. Here is the list of Top 10 competitors of Velotio Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 17 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	Wadiz 2012, Seongnam-si (South Korea), Series D	Equity and revenue-based crowdfunding platform	$128M	Smile Gate Investment, DS Investment Management ... & 14 others	80/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	79/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
7th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
8th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
10th	Deloitte 1845, London (United Kingdom), Series B	Provider of audit, assurance, consulting, risk management, and tax services	$21.3M	TechAlliance, Military Health & 8 others	73/100
542nd	Velotio Technologies 2016, Pune (India), Acquired	Product development services provider	-	-	47/100