SuperOps, a future-ready, unified PSA-RMM platform for MSPs, recorded a significant revenue increase of 61% in FY24, reaching Rs 37.45 crore compared to Rs 23.24 crore in FY23. The company’s profitability surged as well, with net profit more than doubling to Rs 4.15 crore in FY24 from Rs 1.87 crore in the previous fiscal year.
Founded in 2020 and headquartered in Chennai, SuperOps leverages AI and intelligent automation to provide MSPs with a modern, all-in-one IT management platform. The company’s suite includes project management and IT documentation, catering to the needs of fast-growing MSPs worldwide.
SuperOps has raised a total of Rs 446.5 crore across four funding rounds, with the latest being a Series C round in January 2025. The company was co-founded by Arvind Parthiban and Jayakumar Karumbasalam.
Expenses rose 55.8% in FY24, reaching Rs 32.09 crore from Rs 20.59 crore in FY23. Employee benefit costs dominated expenditures, accounting for 84.48% of total expenses in FY24, up from 78.43% in FY23. Advertisement costs remained low at 0.99% in FY24, while depreciation and finance costs accounted for 1.80% and 0.59%, respectively. Notably, there were no material costs or other expenses recorded.
Despite a slight dip in EBITDA margin from 17.13% in FY23 to 16.40% in FY24, SuperOps’s ROCE remained strong at 76.53% in FY24, though lower than the remarkable 108.65% recorded in FY23.
With robust revenue growth, increasing profitability, and strong investor backing, SuperOps is well-positioned to strengthen its presence in the AI-driven IT management space.