About Abacasys
Abacasys is a company based in Chandigarh (India) founded in 2009 was acquired by Advantive in November 2023.. The company has 49 employees as of April 06, 2024. Abacasys operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
- Headquarter Chandigarh, India
- Employees 49 as on 06 Apr, 2024
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Sectors
Technology
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Email
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Phone
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Website
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- Legal Name Abaca Systems Private Limited
- Date of Incorporation 08 Apr, 2010
- Jurisdiction Chandigarh, Chandigarh, India
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Funding Insights of Abacasys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Abacasys
Abacasys has secured backing from 1 investor. Prominent investors backing the company include Advantive. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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ERP solutions for manufacturing and distribution sectors are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Abacasys
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Abacasys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abacasys Comparisons
Competitors of Abacasys
Abacasys operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Embedded computing platforms are developed for industrial applications.
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Software development services are provided by Unicorn in Prague.
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Software development services are provided via an AI-powered platform.
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Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abacasys
Frequently Asked Questions about Abacasys
When was Abacasys founded?
Abacasys was founded in 2009.
Where is Abacasys located?
Abacasys is headquartered in Chandigarh, India.
Who is the current CEO of Abacasys?
Sunil Dhawan is the current CEO of Abacasys.
How many employees does Abacasys have?
As of Apr 06, 2024, the latest employee count at Abacasys is 49.
What is the annual revenue of Abacasys?
Annual revenue of Abacasys is $573.78K as on Mar 31, 2022.
What does Abacasys do?
Abacasys was founded in 2009 and is headquartered in Chandigarh, India. Custom software development services are offered, encompassing experience design, Oracle Apex development, Magento development, and software testing. Additional provisions include application and infrastructure support, retail solutions with consulting, web and mobile development, remote DBA services, application help desk, full infrastructure services, and remote support. Clients such as Batra Plaza, RedZone, and Ashoka Textiles are served by the company.
Who are the top competitors of Abacasys?
Abacasys's top competitors include RedShelf, Unicorn and Hedgehog lab.
Who are Abacasys's investors?
Abacasys has 1 investor. Key investors include Advantive.