Startup News Magazine

Trycon Technologies Hits Million Dollar Revenue Milestone

Revenue increased by 62.48% in FY 2021-22 compared to FY 2020-21

July 8: Trycon Technologies, a leading provider of QR Code solutions globally, announced that they have hit the million-dollar revenue milestone for the first time in FY 2021-2022. As per the company reports, their revenue increased by 62.48% while profit increased by 150% compared to the previous financial year.

Their web traffic also soared by 91% across all four major products – QR Code Generator, QR Batch, QR API, and Ticket Generator.

Trycon not only focused on delivering customer satisfaction but also on employee welfare. Besides growing financially, the company also grew in terms of its employee strength. As per the statistics, they increased the employee strength by 44% across various departments such as Software Development, Product Design, Customer Relations, Marketing, Human Resources, and Finance.

Talking of this achievement, Gautam Garg, CEO & Founder – Trycon Technologies said, “We had set out an ambitious goal and the entire team has worked smart to achieve this milestone. All credit goes to them. Having said that, I believe we still have a long journey ahead of us. The contactless technology space is exciting right now and we’ll continue to capitalize on the rapidly growing demand for QR Code technology by providing world-class SaaS solutions.”