About Accelerite
Accelerite is a company based in Santa Clara (United States) founded in 2014.. The company has 20,249 employees as of April 07, 2024. Accelerite has completed 1 acquisition, including Convirture. Accelerite offers products and services including eKYC, Pitchbook, Loan Origination, and Farmer Connect. Accelerite operates in a competitive market with competitors including Acronis, Tejas Networks, Veeam, Rubrik and SolarWinds, among others.
- Headquarter Santa Clara, United States
- Employees 20249 as on 07 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Persistent Systems Limited
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1.16 B (USD)18.15as on Mar 31, 2024
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Net Profit
$127.74 M (USD)18.72as on Mar 31, 2024
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EBITDA
$195.76 M (USD)10.31as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
20249
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Accelerite
Accelerite offers a comprehensive portfolio of products and services, including eKYC, Pitchbook, Loan Origination, and Farmer Connect. 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.
Automates and streamlines customer onboarding for financial organizations.
Creates compliant sales presentations using approved templates.
Accelerates underwriting and automates workflows in digital lending.
Offers insights and engagement tools for farmers and cooperatives.
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Funding Insights of Accelerite
| 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 |
Investments & Acquisitions by Accelerite
Accelerite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Convirture. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud management and orchestration tools are offered for multi-cloud infrastructures.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Accelerite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Accelerite Comparisons
Competitors of Accelerite
Accelerite 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 Acronis, Tejas Networks, Veeam, Rubrik and SolarWinds, 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 |
Cloud-based enterprise management solutions including backup and recovery are provided.
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Telecom and broadband network solutions are provided by the company.
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IT backup and recovery solutions are provided via cloud platform.
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| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Cloud-based monitoring and tracing of hybrid application performance are provided.
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| domain | founded_year | HQ Location |
Cloud-based optical network automation and transmission solutions are provided.
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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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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 Accelerite
Frequently Asked Questions about Accelerite
When was Accelerite founded?
Accelerite was founded in 2014.
Where is Accelerite located?
Accelerite is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
How many employees does Accelerite have?
As of Apr 07, 2024, the latest employee count at Accelerite is 20,249.
What is the annual revenue of Accelerite?
Annual revenue of Accelerite is $1.16B as on Mar 31, 2024.
What does Accelerite do?
Accelerite provides infrastructure software in the areas of Cloud Management (rCloudRovius) - disaster recovery solution. It also provides IOT device management and end-service enablement. Convert, migrate, replicate, and recover data and applications across both physical and virtual environments. Convirt - bridges platforms and pools resources to fix fragmentation problem. Endpoint and Enterprise Mobility Management (Radia). Other products include Location as a Service(Laas), Location-based services to Telecom service operators, etc. Acquired Aepona from Intel. Accelerite is the products business of Persistent Systems.
Who are the top competitors of Accelerite?
What products or services does Accelerite offer?
Accelerite offers eKYC, Pitchbook, Loan Origination, and Farmer Connect.
How many acquisitions has Accelerite made?
Accelerite has made 1 acquisition, including Convirture.