Abacasys

Chandigarh, India Founded: 2009 • Age: 17 yrs Acquired By Advantive
Custom software development and testing services are provided globally.

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. Abacasys operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹1.61 Cr

    FY 2025 · -60% YoY

  • Net Loss
    -₹48.7 Lakh

    FY 2025 · -30% margin

  • EBITDA
    -₹30.7 Lakh

    FY 2025 · -19% margin

  • Investors
  • Employee Count
    49
  • Acquired by
    Advantive

    (Nov 2023)

Apps and channels of Abacasys

its YouTube channel Abacasys has 9 subscribers and 17 videos.

Abacasys
YouTube 9 subscribers 17 videos Science & Technology
Open channel

Videos from Abacasys

The most watched videos on Abacasys's YouTube channel, Abacasys (9 subscribers). Click a video to play it here.

Our success story
366 views
Abacasys - Our Office | Our Team
121 views
Build World Class Business Application with Oracle APEX
75 views
Abaca Journey
73 views

More on Abacasys.

Investors in Abacasys

Abacasys has secured backing from 1 investor. Prominent investors backing the company include Advantive.

All
InvestorDescriptionFounded YearDomainLocation
ERP solutions for manufacturing and distribution sectors are offered.
2022advantive.comTampa, United States
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Investor details for Abacasys

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Board of directors of Abaca Systems Private Limited (Abacasys)

Abaca Systems Private Limited is the primary company behind Abacasys. The boards of the 2 registered companies of Abacasys currently have 3 directors; the longest-serving is Sunil Dhawan, appointed in 2010.

DirectorDesignationAppointedTenureEntity
Sunil Dhawan
DIN 02959423
Director08 Apr 201016 yrs 6 moAbaca Systems Private Limited, Jussforms Ace Private Limited
Japna Chadha
DIN 02959441
Director08 Apr 201016 yrs 6 moAbaca Systems Private Limited, Jussforms Ace Private Limited
Ruchi Singh Sadra
DIN 07734239
Director11 Aug 20206 yrs 2 moJussforms Ace Private Limited

People of Abacasys

4 people are tracked at Abacasys (3 in leadership, 1 in team); the tracked headcount is 49.

NameRoleGroup
CEOLeadership
Imrinder Singh
President of SalesLeadership
Vivek Sharma
Director (International Sales)Leadership
Mamta Pahwa
Key Account ManagerTeam
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Complete people profiles for Abacasys

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Financials of Abacasys

Figures of Abaca Systems Private Limited, the primary company behind Abacasys, for FY 2025. Revenue was ₹1.61 Cr (-60% year on year). Net loss was -₹48.7 Lakh (-30% margin). EBITDA was -₹30.7 Lakh (-19% margin). Revenue has grown at a compounded annual rate of -30% over three years and -6% over five years.

  • ₹1.61 CrRevenue · FY 2025 · -60% YoY
  • -₹48.7 LakhNet loss · -30% margin
  • -₹30.7 LakhEBITDA · -19% margin
  • ₹1 LakhPaid-up capital
  • 49Employees (provident fund records)
  • -30%Revenue CAGR, 3 years
  • -6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Abaca Systems Private Limited are on its company page.

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Detailed financial statements for Abacasys

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Timeline of Abacasys

2 dated milestones of Abacasys across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Abacasys is founded.
  2. Exit Acquired by Advantive.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
unicorn.com1990Prague, Czech Republic$12M–
Software development services are provided by Unicorn in Prague.
gigster.com2013Austin, United States$32.5M12
Software development services are provided via an AI-powered platform.
redshelf.com2012Chicago, United States$82.53M107
Platform offering digital textbooks for students
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
nxtsoft.com2017Birmingham, United States$4.83M79
Computer software development services provider
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
digia.com2005Helsinki, Finland––
Software development services including design, integration, and testing are provided.
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Detailed competitors of Abacasys

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Web traffic of Abacasys

The website of Abacasys (abacasys.com) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 14.5% vs previous month

Latest news on Abacasys

Advantive Acquires Abaca Systems
Inddist • 2 years ago
Advantive’s Acquisition of Abaca Systems
Globallegalchronicle • 2 years ago
Advantive acquires Abaca Systems
Thepackagingportal • 2 years ago
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Complete news archive for Abacasys

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Verified entity values are shown only after access is granted.

Similar companies to Abacasys

10 companies that operate in the same segment as Abacasys (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Abacasys

Abacasys was founded in 2009.

Abacasys is headquartered in Chandigarh, India.

Sunil Dhawan is the current CEO of Abacasys.

Abacasys has 49 employees.

The primary company behind Abacasys, Abaca Systems Private Limited, reported revenue of ₹1.61 Cr for FY 2025, down 60% year on year.

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.

Abacasys's top competitors include RedShelf, Unicorn and Hedgehog lab.

Abacasys has 1 investor. Key investors include Advantive.

Abacasys is associated with 2 legal entities: Abaca Systems Private Limited, Jussforms Ace Private Limited.

Yes. Abacasys was acquired by Advantive in November 2023.

The legal entities of Abacasys currently have 3 directors, including Sunil Dhawan, Japna Chadha, Ruchi Singh Sadra.

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