Accrete Hitech Solutions

Santa Clara, United States Founded: 2016 • Age: 10 yrs Acquired By UST
IT consulting and services are provided by Accrete Hitech Solutions.
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About Accrete Hitech Solutions

Accrete Hitech Solutions is a company based in Santa Clara (United States) founded in 2016 was acquired by UST in February 2022.. The company has 230 employees as of April 05, 2024. Accrete Hitech Solutions operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Santa Clara, United States
  • Employees 230 as on 05 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Accrete Hitech Solutions Private Limited
  • Date of Incorporation 27 Jul, 2016
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $642.27 K (USD)
    -92.2
    as on Mar 31, 2023
  • Net Profit
    $146.24 K (USD)
    -91.94
    as on Mar 31, 2023
  • EBITDA
    $-7.14 K (USD)
    -100.56
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    230

    as on Apr 05, 2024

  • Acquired by
    UST

    (Feb 03, 2022)

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Funding Insights of Accrete Hitech Solutions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Accrete Hitech Solutions

Accrete Hitech Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UST. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Accrete Hitech Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Accrete Hitech Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Accrete Hitech Solutions Comparisons

Employees
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Competitors of Accrete Hitech Solutions

Accrete Hitech Solutions 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Accrete Hitech Solutions

Frequently Asked Questions about Accrete Hitech Solutions

When was Accrete Hitech Solutions founded?

Accrete Hitech Solutions was founded in 2016.

Where is Accrete Hitech Solutions located?

Accrete Hitech Solutions is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Who is the current CEO of Accrete Hitech Solutions?

Sanjay Minocha is the current CEO of Accrete Hitech Solutions.

How many employees does Accrete Hitech Solutions have?

As of Apr 05, 2024, the latest employee count at Accrete Hitech Solutions is 230.

What is the annual revenue of Accrete Hitech Solutions?

Annual revenue of Accrete Hitech Solutions is $642.27K as on Mar 31, 2023.

What does Accrete Hitech Solutions do?

Accrete Hitech Solutions was established in 2016 and is based in Santa Clara, United States. Operations focus on the IT sector, where consulting and related services are delivered to clients. The company is led by CEO Sanjay Minocha. Core activities encompass technology advisory and implementation support, with a presence in the United States market. Details on specific service scopes are maintained through the companys domain.

Who are the top competitors of Accrete Hitech Solutions?

Accrete Hitech Solutions's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

Who are Accrete Hitech Solutions's investors?

Accrete Hitech Solutions has 1 investor. Key investors include UST.

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