What Veridic Technologies does

Veridic Technologies Pvt. Ltd. is a privately held Indian IT consulting and product engineering services firm founded in 2010 and headquartered in Panchkula, Haryana, with a regional UK office in Worthing. The company was originally created as an outsourcing arm for Brightstar Corporation, a USD 10 billion telecom distribution company, and that founding relationship shaped its enduring specialization in mobile device trade-in, buyback, and upgrade programs for global telecom operators. Over 14 years Veridic has expanded its customer base to over 500 clients, including tier-1 telecom operators (Vodafone, T-Mobile, EE, Telcel, Hi3G, O2, Telenor) and consumer/retail brands (Apple, Samsung, Squarespace, Belmont Trading, STRAX Nordic AB), with engagements spanning the UK, Europe, Latin America, Asia-Pacific, and the US.

The company's core technology stack spans cross-platform mobile development (React Native, PhoneGap, Xamarin), native iOS and Android, web technologies (JavaScript, CSS3, HTML5), IoT connectivity (Wi-Fi, Bluetooth, BLE, iBeacon, NFC), and cloud and infrastructure services. It delivers services across web development, mobile app development, e-commerce platforms, testing, cloud and infrastructure, UI/UX design, and digital marketing, with reusable SaaS frameworks, accelerators, and cloud-native practices that support its enterprise mobility and product engineering engagements. The firm maintains compliance with SOX, ISO27001, and ITIL Change Management controls.

Veridic operates on a project-based pricing model with budget tiers ranging from under $10K to over $100K, typically structured as multi-year enterprise engagements. Go-to-market is direct enterprise sales, primarily inbound via website forms and demo requests, supported by a small social and event-led brand presence (LinkedIn, Facebook, YouTube, MWC Barcelona). The company is founder-led (Ankur Thakur, Founder & Managing Director), bootstrapped with no disclosed external funding, and has 251-500 employees concentrated in India with a UK regional sales and delivery footprint.

Name

Veridic Technologies

Legal name

Veridic Technologies Pvt. Ltd.

Website

https://veridic.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Veridic Technologies is a privately held Indian IT consulting firm offering product engineering, mobile and web development, IoT, cloud, and digital marketing services, primarily to global telecom operators and retail brands, with anchor expertise in mobile device trade-in and buyback systems.

Ownership category

akta.pro rank

Headquarters

HQ city

Chandigarh

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Custom Application Development: Project-based custom software development including web applications, mobile apps, e-commerce platforms, and portal development. Engagements range from $10K to over $100K based on project scope.
2. Product Engineering Services: End-to-end IT consulting and product engineering services for enterprise clients, including ongoing maintenance and support engagements.
3. Digital Marketing Services: Digital marketing services including SEO, PPC, content marketing, social media marketing, and mobile app marketing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Veridic Technologies is an end-to-end IT consulting and product engineering services company that designs, develops, tests, and supports custom web applications, mobile apps, e-commerce platforms, SaaS products, and IoT solutions for enterprise clients. Its service portfolio spans web and portal development, native and cross-platform mobile app development (Android, iOS, React Native, PhoneGap, Xamarin), e-commerce cart and payment gateway integration, software testing, cloud and infrastructure services, UI/UX design, and digital marketing.

Product overview

Veridic Technologies is an end-to-end IT consulting company focused on Product Engineering Services, Enterprise Mobility, and Custom Application Development. The company operates as a services-based firm offering multiple interconnected service lines rather than a single unified product with modules. The core offerings include Web Development Services (portal development, custom web apps, SaaS products, open source applications), Mobile App Development Services (native Android/iOS and cross-platform using React Native/PhoneGap/Xamarin, plus IoT), E-Commerce Development Services (cart development, payment gateway integration, plug-ins), Testing Services (automated, mobile, manual, API, performance testing), Cloud & Infrastructure Services, Web Designing, and Digital Marketing. Started in 2010 as an outsourcing firm for Brightstar Corporation, the company now serves over 500 customers from startups to Fortune 500 companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Web Development Services Comprehensive web development services including portal development, custom web application development, website development and support, SaaS product development, and open source web application development for enterprise clients and startups.
• Mobile App Development Services Mobile application development services covering Android app development, iPhone app development (using Swift and Objective-C for iPhone, Apple Watch, Apple TV, and iPad), cross-platform app development (using React Native, PhoneGap, and Xamarin), and Internet of Things solutions for enterprise clients.
• E-Commerce Development Services End-to-end e-commerce solutions including e-commerce cart development, payment gateway integration, plug-in and module development, maintenance and support, mobile commerce development, and e-commerce website development.
• Testing Services Quality assurance and software testing services including automated testing, mobile testing, manual testing, e-commerce testing, API testing, and performance testing for enterprise applications.
• Cloud & Infrastructure Services Cloud services including private cloud, hybrid, community, and public cloud offerings with support, maintenance, migration support, and infrastructure management for enterprise clients.
• Web Designing Services UI/UX design services including graphic designing, app design, web portal designing, and website designing for enterprise clients and startups.
• Digital Marketing Services Digital marketing services including marketing strategy, search engine optimization (SEO), social media marketing, mobile app marketing, paid marketing (PPC), and content marketing for enterprise clients.

Quantifiable outcome

• 500+ customers served globally from startups to Fortune 500
• +3 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Xoriant: Xoriant is a product engineering and digital transformation services firm with similar India-rooted delivery model. Both companies focus on custom application development, cloud services, and enterprise mobility for technology and telecom clients.
• GlobalLogic: GlobalLogic is a product engineering services firm with comparable scale and custom software development focus. Both companies deliver cross-platform development, embedded/IoT solutions, and enterprise application engineering to telecom and Fortune 500 clients, with similar India-led delivery models.
• Nagarro: Nagarro is a global product engineering and digital services company of comparable scale. Both firms offer custom web/mobile development, IoT, cloud services, and serve enterprise customers across telecom, retail, and consumer electronics with India-centric delivery.
• Damco Solutions: Damco is an IT services and solutions provider offering custom software development, mobile app development, and cloud services. Both companies operate India-based delivery models targeting enterprise customers in telecom, retail, and technology verticals.
• Cybage Software: Cybage is an India-based IT services company specializing in product engineering and custom software development for global enterprises. Both companies serve Fortune 500 customers with similar custom application development and product engineering offerings.
• Simform: Simform is a digital product engineering and software development company offering custom web, mobile, IoT, and cloud services. Both firms target similar mid-market and enterprise customers with project-based custom development engagements.

Broad incumbents

• Mindtree (LTIMindtree): LTIMindtree is a much larger Indian IT services incumbent offering custom development, product engineering, and enterprise mobility services. Veridic competes with Mindtree's mid-tier engagements but operates at a fraction of the scale and brand recognition.
• Tata Consultancy Services (TCS): TCS is the largest Indian IT services firm with comprehensive custom development and enterprise solutions offerings. Veridic competes in adjacent customer segments but lacks TCS's global delivery footprint, scale, and ability to win mega-deals.
• Cognizant: Cognizant is a major IT services and consulting firm with strong telecom vertical presence. Veridic's telecom specialization competes for similar enterprise customer mindshare but at significantly smaller scale and breadth of capabilities.
• Infosys: Infosys is a global IT services giant offering custom application development, cloud, and enterprise services across all major verticals. While Veridic operates at far smaller scale, Infosys's mid-market and product engineering practices represent the broader competitive landscape.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC7DATauDGnPbgWcqLH0oSBw
• Facebookfacebook.com/veridictechnologies
• LinkedInlinkedin.com/company/veridictechnologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veridic Technologies