About Affluent GS
Affluent GS is a Technology company based in Hyderabad (India) founded in 2012 by Archana Shailesh Ardhapurkar, and was acquired by FirstMeridian in May 2019. IT services including cloud, managed, mobility, and security are provided. The company has 499 employees. Its chief executive, as recorded, is Shailesh Narayan. Its Indian entity Affluent Global Services Private Limited reported revenue of ₹116 Cr. Affluent GS offers products and services including CRM Solutions, ERP Solutions, Cloud Services, Application Development, and Mobility Solutions. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed competitors have raised funding.
Company details
Affluent was founded in 2012 in Hyderabad, India, as a provider of IT services across all business sectors. Cloud services, managed services, mobility services, security services, development services, and ERP CRM services are offered. Enterprises are supported in evaluating, defining, installing, and customizing Microsoft Dynamics CRM along with other applications. Operations focus on technology solutions for various industries.
- Headquarters Hyderabad, India
- Employees 499
- Founders Archana Shailesh Ardhapurkar
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website affluentgs.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by FirstMeridian (May 2019)
- Legal Name Affluent Global Services Private Limited
- Date of Incorporation 10 Jul, 2012
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹116 Cr
FY 2023 · +3% YoY
- Net Profit₹19.47 Cr
FY 2023 · 17% margin
- EBITDA₹25.96 Cr
FY 2023 · 22% margin
- Investors
- Employee Count499
- Acquired byFirstMeridian
(May 2019)
Associated legal entities of Affluent GS
Affluent GS operates through Affluent Global Services Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Affluent Global Services Private Limited CIN U72200MH2012PTC389860 | Amalgamated | 10 Jul 2012 | Kanjurmarg East, Maharashtra | ₹116 Cr | 499 | 3 | View details |
Products & Services of Affluent GS
Affluent GS offers a comprehensive portfolio of products and services, including CRM Solutions, ERP Solutions, Cloud Services, Application Development, and Mobility Solutions.
Enhances customer engagement and lifecycle management for businesses.
Integrates and automates business processes for efficiency.
Optimizes IT infrastructure for better business continuity.
Develops custom applications on various platforms.
Enables global team collaboration and connectivity.
Apps and channels of Affluent GS
its YouTube channel Affluent Global Services has 70 subscribers and 21 videos.
Videos from Affluent GS
The most watched videos on Affluent GS's YouTube channel, Affluent Global Services (70 subscribers). Click a video to play it here.
More on Affluent Global Services.
Investors in Affluent GS
Affluent GS has secured backing from 1 investor. Prominent investors backing the company include FirstMeridian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of recruitment and managed services | 2018 | firstmeridian.com | Bengaluru, India |
Investor details for Affluent GS
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Board of directors of Affluent Global Services Private Limited (Affluent GS)
Affluent Global Services Private Limited is the primary company behind Affluent GS. The board of Affluent Global Services Private Limited currently have 3 directors; the longest-serving is Shailesh Narayanrao Ardhapurkar, appointed in 2014. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shailesh Narayanrao Ardhapurkar DIN 06864545 | Whole-time director | 10 May 2014 | 12 yrs 5 mo | Affluent Global Services Private Limited |
| Nilay Pratik DIN 07692750 | Director | 11 Feb 2019 | 7 yrs 8 mo | Affluent Global Services Private Limited |
| Sudhakar Balakrishnan DIN 00062956 | Director | 11 Feb 2019 | 7 yrs 8 mo | Affluent Global Services Private Limited |
People of Affluent GS
2 people are tracked at Affluent GS (2 in leadership); the tracked headcount is 499.
| Name | Role | Group |
|---|---|---|
| Founder & MD | Leadership | |
Shailesh Narayan | CEO | Leadership |
Complete people profiles for Affluent GS
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Financials of Affluent GS
Figures of Affluent Global Services Private Limited, the primary company behind Affluent GS, for FY 2023. Revenue was ₹116 Cr (+3% year on year). Net profit was ₹19.47 Cr (17% margin). EBITDA was ₹25.96 Cr (22% margin). Revenue has grown at a compounded annual rate of +32% over three years and +13% over five years.
- ₹116 CrRevenue · FY 2023 · +3% YoY
- ₹19.47 CrNet profit · 17% margin
- ₹25.96 CrEBITDA · 22% margin
- ₹1 LakhPaid-up capital
- 499Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Affluent Global Services Private Limited are on its company page.
Detailed financial statements for Affluent GS
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Timeline of Affluent GS
2 dated milestones of Affluent GS across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Affluent GS is founded.
- Exit Acquired by FirstMeridian.
Competitors of Affluent GS
Affluent GS has 3 listed competitors in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| girnarsoft.com | 2007 | Jaipur, India | $736.02M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Affluent GS
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Related news about Affluent Gs
Complete news archive for Affluent GS
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Frequently Asked Questions about Affluent GS
Affluent GS was founded in 2012.
Affluent GS is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Shailesh Narayan is the CEO of Affluent GS, as recorded in our data.
Affluent GS has 499 employees.
The primary company behind Affluent GS, Affluent Global Services Private Limited, reported revenue of ₹116 Cr for FY 2023, up 3% year on year.
Affluent was founded in 2012 in Hyderabad, India, as a provider of IT services across all business sectors. Cloud services, managed services, mobility services, security services, development services, and ERP CRM services are offered. Enterprises are supported in evaluating, defining, installing, and customizing Microsoft Dynamics CRM along with other applications. Operations focus on technology solutions for various industries.
Affluent GS's top competitors include Happiest Minds, GirnarSOFT and Datamatics.
Affluent GS offers CRM Solutions, ERP Solutions, Cloud Services, Application Development, and Mobility Solutions.
Affluent GS has 1 investor. Key investors include FirstMeridian.
Affluent GS operates through Affluent Global Services Private Limited.
Yes. Affluent GS was acquired by FirstMeridian in May 2019.
The legal entities of Affluent GS currently have 3 directors, including Nilay Pratik, Shailesh Narayanrao Ardhapurkar, Sudhakar Balakrishnan.