Avani Technology Solutions Inc

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oooh, orphan

company

Avani Technology Solutions Inc, founded in 2008, is an IT solutions company based in Rochester, New York which provides Human Capital Solutions (HCM), IT Consulting, Information Security and SAAS services. The company was founded by Sameer Penakalapati.[1]

History

Founded in 2008 in Rochester, New York, Avani Technology Solutions Inc set up its Research & Development center in Hyderabad, India in 2008 as Flatminds IT Solutions Pvt. Ltd. This later got renamed and registered as Avani Tech Solutions Pvt. Ltd- FMIT in 2014.

Locations

The company is headquartered in Rochester, New York as Avani Business Park[2] with another office in Virginia. In India, Avani Tech Solutions Pvt. Ltd. is located in Hyderabad. At all these offices, Avani has an approximate headcount of 200 experienced professionals.

Revenue

With initial bootstrapping, followed by a line of credit of $2 million offered by Chase bank, Avani Technology Solutions Inc. has grown from a $7.5 million firm in 2013 to $17.5 million in 2015[3] to a predicted $26 million in revenues by the end of 2016. By 2020, its leaders believe the company will reach $100 million.[4]

References

  1. Shengulette, Jinelle (2015-11-02). "Catching up with Sameer Penakalapati". Democrat and Chronicle (Rochester, NY). http://www.democratandchronicle.com/story/money/2015/11/02/catching-up-sameer-penakalapati/74771906/. "'Every year, we've grown by 50 percent,' said CEO and founder Sameer Penakalapati." 
  2. Template:Cite press release
  3. "Avani Technology Solutions". Inc 5000. Inc.. 2016-08-19. http://www.inc.com/profile/avani-technology-solutions. 
  4. Template:Cite press release

External links