About ABSYZ
ABSYZ is a company based in Wixom (United States) founded in 2011 by Balesh Lakshminarayanan was acquired by Youngsoft in January 2019.. The company has 342 employees as of April 05, 2024. ABSYZ offers products and services including Salesforce Consulting, Salesforce Implementation, Digital Engineering, and Quality Assurance. ABSYZ operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
- Headquarter Wixom, United States
- Employees 342 as on 05 Apr, 2024
- Founders Balesh Lakshminarayanan
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Absyz Software Consulting Private Limited
- Date of Incorporation 18 Aug, 2011
- Jurisdiction Hyderabad, Telangana, India
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Products & Services of ABSYZ
ABSYZ offers a comprehensive portfolio of products and services, including Salesforce Consulting, Salesforce Implementation, Digital Engineering, and Quality Assurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides expert advice on Salesforce strategies and optimization
Handles deployment and configuration of Salesforce platforms
Delivers application development and modernization solutions
Offers testing for functionality and security of applications
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Funding Insights of ABSYZ
| 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 ABSYZ
ABSYZ has secured backing from 1 investor. Prominent investors backing the company include Youngsoft. 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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Offers IT solutions, digital transformation, and consulting for various industries worldwide.
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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 ABSYZ
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - ABSYZ
| 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 |
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Absyz Comparisons
Competitors of ABSYZ
ABSYZ 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 AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, 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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Integrated digital marketing campaigns are developed and executed across channels.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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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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Mobile apps and IoT solutions are developed across platforms.
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Offshore enterprise application development and IT consulting services are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Absyz
Frequently Asked Questions about ABSYZ
When was ABSYZ founded?
ABSYZ was founded in 2011.
Where is ABSYZ located?
ABSYZ is headquartered in Wixom, United States. It is registered at Wixom, Michigan, United States.
Who is the current CEO of ABSYZ?
Balesh Lakshminarayanan is the current CEO of ABSYZ. They have also founded this company.
How many employees does ABSYZ have?
As of Apr 05, 2024, the latest employee count at ABSYZ is 342.
What is the annual revenue of ABSYZ?
Annual revenue of ABSYZ is $7.64M as on Mar 31, 2023.
What does ABSYZ do?
ABSYZ was founded in 2011 and is headquartered in Wixom, United States. Operations focus on the IT services sector, with offerings centered on Salesforce platforms including Sales Cloud, Service Cloud, and Marketing Cloud. Consulting, implementation, staffing, and managed services are delivered across the full project lifecycle, from strategy to support. Digital engineering services encompass application development, maintenance, modernization, API integrations, and quality assurance testing.
Who are the top competitors of ABSYZ?
ABSYZ's top competitors include Hedgehog lab, AlmavivA and Coastal Cloud.
What products or services does ABSYZ offer?
ABSYZ offers Salesforce Consulting, Salesforce Implementation, Digital Engineering, and Quality Assurance.
Who are ABSYZ's investors?
ABSYZ has 1 investor. Key investors include Youngsoft.
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