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. 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.
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.
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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 |
| 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 |
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. 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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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 |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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. 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
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ACT Fibernet
| 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 |
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. 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 |
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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Act Fibernet
Frequently Asked Questions about ACT Fibernet
When was ACT Fibernet founded?
ACT Fibernet was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is ACT Fibernet located?
ACT Fibernet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of ACT Fibernet?
Srinivasa Rao PVV is the current CEO of ACT Fibernet.
Is ACT Fibernet a funded company?
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.
What does ACT Fibernet do?
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.
Who are the top competitors of ACT Fibernet?
What products or services does ACT Fibernet offer?
ACT Fibernet offers ACT Fibernet Broadband, Corporate Broadband, Internet Leased Line, and Managed Wi-Fi.
How many acquisitions has ACT Fibernet made?
ACT Fibernet has made 1 acquisition, including Beam Tele.
Who are ACT Fibernet's investors?
ACT Fibernet has 8 investors. Key investors include CPP Investments, Perpetual, Olympus Capital Asia, India Value Fund Advisors, and Adithya Constructions.
What is ACT Fibernet's valuation?
The valuation of ACT Fibernet is $41.25M as of Jan 2010.
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