About ACT Fibernet
ACT Fibernet is a company based in Bengaluru (India) founded in 2000 by Sunder Raju was acquired by TA in July 2015. It operates as a Subscription Services and Pay-per-Use / Usage-Based. ACT Fibernet has raised $2.83 million across 6 funding rounds from investors including CPP Investments, Perpetual and Olympus Capital Asia. ACT Fibernet has completed 1 acquisition, including Beam Tele. ACT Fibernet offers products and services including ACT Fibernet Broadband, Corporate Broadband, Internet Leased Line, and Managed Wi-Fi. ACT Fibernet operates in a competitive market with competitors including Sky, KPN, Hong Kong Broadband Network, Orange Polska and Cogeco, among others.
- Headquarter Bengaluru, India
- Founders Sunder Raju
- Stage Minicorn
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.83 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
CPP Investments
& 7 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
TA
(Jul 02, 2015)
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Products & Services of ACT Fibernet
ACT Fibernet offers a comprehensive portfolio of products and services, including ACT Fibernet Broadband, Corporate Broadband, Internet Leased Line, and Managed Wi-Fi.
High-speed fiber broadband is provided for home users.
Dedicated internet solutions are offered for corporate clients.
Secure leased line services are delivered to businesses.
Managed Wi-Fi solutions are provided for large premises.
People of ACT Fibernet
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Software Development Team
33 people
Human Resources and Administration
16 people
Network Team
15 people
Senior Team
10 people
Sales and Marketing
10 people
Data Analysis and Operations Team
5 people
Manager Team
4 people
Business Team
4 people
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Funding Insights of ACT Fibernet
ACT Fibernet has successfully raised a total of $2.83M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(31 Dec 2007)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Unspecified - ACT Fibernet | Valuation | CPP Investments |
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| Aug, 2015 | Amount | Unspecified - ACT Fibernet | Valuation |
investors |
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| Feb, 2014 | Amount | Debt – Conventional - ACT Fibernet | Valuation |
investors |
Investors in ACT Fibernet
ACT Fibernet has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include CPP Investments, Perpetual and Olympus Capital Asia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PE firm backed by quilvest group
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Founded Year | Domain | Location | |
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Private equity investments in middle market companies across Asia.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACT Fibernet
ACT Fibernet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Beam Tele.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of fibre optic broadband internet services for homes and business sectors
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2004 |
Financial Statements - ACT Fibernet
Act Fibernet Comparisons
Competitors of ACT Fibernet
ACT Fibernet 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 Sky, KPN, Hong Kong Broadband Network, Orange Polska and Cogeco, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sky is recognized as a provider of TV, broadband, and mobile services.
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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Frequently Asked Questions about ACT Fibernet
ACT Fibernet was founded in 2000 and raised its 1st funding round 7 years after it was founded.
ACT Fibernet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Srinivasa Rao PVV is the current CEO of ACT Fibernet.
ACT Fibernet is a funded company, having raised a total of $2.83M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $23M, raised on Dec 31, 2007.
ACT Fibernet is recognized for delivering high-speed fiber broadband services across multiple cities in India. Internet solutions are offered for both residential and corporate clients, covering sectors like education, co-living, and co-working. Various plans and add-ons, including entertainment packs and managed Wi-Fi, are provided to meet diverse user needs. Enterprise solutions such as Internet Leased Lines and SD-WAN are also made available for businesses requiring secure and reliable connectivity.
ACT Fibernet offers ACT Fibernet Broadband, Corporate Broadband, Internet Leased Line, and Managed Wi-Fi.
ACT Fibernet has made 1 acquisition, including Beam Tele.
ACT Fibernet has 8 investors. Key investors include CPP Investments, Perpetual, Olympus Capital Asia, India Value Fund Advisors, and Adithya Constructions.
The valuation of ACT Fibernet is $41.25M as of Jan 2010.