Abacasys

Chandigarh, India Founded: 2009 • Age: 17 yrs Acquired By Advantive
Custom software development and testing services are provided globally.
Annual revenue $573,783 Latest available
Total funding - Funding intelligence
Employees 49 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Abaca Systems Private Limited
  • Date of Incorporation 08 Apr, 2010
  • Jurisdiction Chandigarh, Chandigarh, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $573.78 K (USD)
    72.78
    as on Mar 31, 2022
  • Net Profit
    $108.08 K (USD)
    215.83
    as on Mar 31, 2022
  • EBITDA
    $162.17 K (USD)
    151.21
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    49

    as on Apr 06, 2024

  • Acquired by
    Advantive

    (Nov 15, 2023)

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People of Abacasys

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Mamta Pahwa
Key Account Manager
People
Sunil Dhawan
CEO
People
Vivek Sharma
Director (International Sales)

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Funding Insights of Abacasys

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Investors in Abacasys

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

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Investor Description Founded Year Domain Location
ERP solutions for manufacturing and distribution sectors are offered.
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Investor details for Abacasys

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Investments & Acquisitions by Abacasys

Investments
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Investment portfolio details for Abacasys

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Financial Statements - Abacasys

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Abacasys Comparisons

Abacasys Primary company
Description
Custom software development and testing services are provide...
Location
Chandigarh, India
Founded Year
2009
Annual Revenue
$573.78 K (USD)
Net Profit
$108.08 K (USD)
EBITDA
$162.17 K (USD)
Employees
49
As of 2024
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Peer comparison for Abacasys

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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 Name Domain Founded year HQ Location Description
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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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Detailed competitors of Abacasys

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Latest news on Abacasys

Advantive Acquires Abaca Systems
Inddist2 years ago
Advantive’s Acquisition of Abaca Systems
Globallegalchronicle2 years ago
Advantive acquires Abaca Systems
Thepackagingportal2 years ago
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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.

As of Apr 06, 2024, the latest employee count at Abacasys is 49.

Annual revenue of Abacasys is $573.78K as on Mar 31, 2022.

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.

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