Innoventes
Innoventes is a Bangalore-based outsourced product development services firm, founded in 2012, employing 11-50 people, and led by founder/CEO Ramanan Ramakrishnan and co-founder/director Raghuram Bharathan.
- Company typePrivate
- Founded2012
- HeadquartersBangalore, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
Innoventes firmographics
Firmographics- Name
- Innoventes
- Website
- https://innoventestech.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Innoventes is a Bangalore-based outsourced product development services firm, founded in 2012, employing 11-50 people, and led by founder/CEO Ramanan Ramakrishnan and co-founder/director Raghuram Bharathan.
- Ownership category
- akta.pro rank
Innoventes industry classification
Industry- Product category
- Software Development Services
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Application Outsourcing (AO) (BPAEAMAA)
- akta.pro secondary industries
- Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK), Enterprise Architecture & Technology Roadmapping (BPAEAAAC), Strategy & IT Advisory (BPAEAAAA)
Keywords
Where Innoventes is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Markets served
Innoventes business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Innoventes product offering
Product offeringCore offering
Innoventes is an outsourced product development services company that provides external product engineering and development resources to client businesses. Founded in 2012 and headquartered in Bangalore, India, the company operates with 11-50 employees and delivers development services rather than its own packaged software product.
Differentiator
Problem solved
Functional benefit
Products and services
- Outsourced Product Development Services End-to-end outsourced product development service delivered to client businesses that need external engineering capacity to design, build, and ship digital/software products.
Companies that use Innoventes
Customer profileIdeal customer profiles1 record
Innoventes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Innoventes competitors and assessment
Company assessmentBroad incumbents
- Wipro: Major Indian IT services and digital engineering firm. Comparable as an outsourced software development provider serving global clients, though with a far broader portfolio.
- Persistent Systems: Indian-headquartered digital engineering and outsourced product development firm. Closer in scale and product-development focus than the top-tier giants, with strong overlap in the outsourced product engineering category.
- Coforge: Indian IT services firm with strong product engineering and outsourced development practices. Comparable in outsourced product development services, though at significantly larger scale.
- Mindtree: Indian IT services and digital transformation firm (now part of LTIMindtree) with strong outsourced application and product development offerings. Direct overlap in the outsourced development services category.
- Mphasis: Bangalore-based IT services company focused on application development and digital transformation. Comparable as a same-city outsourced product and application development peer.
- Tata Consultancy Services (TCS): Largest Indian IT services firm, offering outsourced application development and consulting. Operates in the same outsourced product development category as Innoventes but at enterprise scale.
- Infosys: Global Indian IT services and consulting giant headquartered in Bangalore. Comparable as a Bangalore-rooted provider of outsourced software development and IT services, though at vastly greater scale and broader scope than Innoventes.
Direct peers
- Thoughtworks: Global technology consultancy specializing in outsourced product development and software engineering. Comparable in product-development-first positioning and customer base of digital-native and enterprise clients.
- ValueLabs: India-headquartered IT services firm focused on outsourced product development and digital engineering. Closely comparable in business model, target customers, and scale relative to Innoventes.
- Globant: Globally distributed digital product engineering firm offering outsourced software and product development. Closely comparable business model and target customer profile (product-focused clients needing outsourced engineering capacity).
Market position
Customer concentration
Innoventes social profiles
Digital presenceInnoventes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Innoventes leadership team
Management profileNumber of profiles
Profiles2 records
Innoventes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Innoventes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Innoventes
What does Innoventes do?
Innoventes is an outsourced product development services company that provides external product engineering and development resources to client businesses. Founded in 2012 and headquartered in Bangalore, India, the company operates with 11-50 employees and delivers development services rather than its own packaged software product.
Is Innoventes a public or private company?
Innoventes is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Innoventes founded?
Innoventes was founded in 2012. It employs 11 to 50 people.
Where is Innoventes based?
Innoventes is headquartered in Bangalore, India, in the Asia region.
Who are Innoventes's main competitors?
Broad incumbents on record are Wipro, Persistent Systems, Coforge, Mindtree, Mphasis, Tata Consultancy Services (TCS) and Infosys. Direct peers are Thoughtworks, ValueLabs and Globant.
Does Innoventes have an API?
No public API is recorded for Innoventes.
What industry is Innoventes in?
Innoventes's product category is Software Development Services. Its primary akta.pro industry code is BPAEAMAA, Application Outsourcing (AO), with a secondary code of BPAEAMAK, Captive/Global In-House Center (GIC) Setup & Managed Services. Its NAICS code is 541512 and its SIC code is 7371.