About Aforeserve
Aforeserve is a company based in Noida (India) founded in 2000.. Aforeserve has raised $3.4 million across 3 funding rounds from investors including Samir Chandra Arora, Acctel Limited and Hsieh Mei Lin. The company has 1,526 employees as of April 06, 2024. Aforeserve offers products and services including High-End Repair, IT Infrastructure, Cloud Computing, and Cyber Security. Aforeserve operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Noida, India
- Employees 1526 as on 06 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Aforeserve.Com Ltd.
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$17.95 M (USD)-0.17as on Mar 31, 2022
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Net Profit
$152.98 K (USD)116.26as on Mar 31, 2022
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EBITDA
$678.52 K (USD)280.68as on Mar 31, 2022
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Total Equity Funding
$3.4 M (USD)
in 3 rounds
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Latest Funding Round
$1.21 M (USD), Seed
Jul 31, 2008
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Investors
Acctel Limited
& 16 more
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Employee Count
1526
as on Apr 06, 2024
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Products & Services of Aforeserve
Aforeserve offers a comprehensive portfolio of products and services, including High-End Repair, IT Infrastructure, Cloud Computing, and Cyber Security. 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.
Specialized repair for IT equipment and components
End-to-end management of ICT products and technologies
Solutions for cloud-based IT infrastructure and security
Protection and management of digital enterprise systems
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Funding Insights of Aforeserve
Aforeserve has successfully raised a total of $3.4M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.21 million completed in July 2008. 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 3
- Last Round Seed — $1.2M
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First Round
First Round
(08 Mar 2007)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2008 | Amount | Seed - Aforeserve | Valuation | Samir Chandra Arora , Acctel Limited |
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| Dec, 2007 | Amount | Seed - Aforeserve | Valuation | Samir Chandra Arora , Hsieh Mei Lin | |
| Mar, 2007 | Amount | Seed - Aforeserve | Valuation | Acctel Limited , Sag Holding Inc |
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| 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 Aforeserve
Aforeserve has secured backing from 17 investors, including angel and institutional investors. Prominent investors backing the company include Samir Chandra Arora, Acctel Limited and Hsieh Mei Lin. 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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Founded Year | Domain | Location | |
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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 Aforeserve
| 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 |
Financial Statements - Aforeserve
| 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 |
Aforeserve Comparisons
Competitors of Aforeserve
Aforeserve 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.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services 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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| 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 Aforeserve
Frequently Asked Questions about Aforeserve
When was Aforeserve founded?
Aforeserve was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Where is Aforeserve located?
Aforeserve is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Aforeserve a funded company?
Aforeserve is a funded company, having raised a total of $3.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $826.81K, raised on Mar 08, 2007.
How many employees does Aforeserve have?
As of Apr 06, 2024, the latest employee count at Aforeserve is 1,526.
What is the annual revenue of Aforeserve?
Annual revenue of Aforeserve is $17.95M as on Mar 31, 2022.
What does Aforeserve do?
Aforeserve was founded in 2000 and is based in Noida, India. Operations focus on the IT services sector, where AI development, cloud computing, cybersecurity management, and IT infrastructure solutions are delivered. These services support various business needs in technology integration and data protection. The company maintains a presence in the Indian market, addressing demands for reliable digital infrastructure.
Who are the top competitors of Aforeserve?
Aforeserve's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Aforeserve offer?
Aforeserve offers High-End Repair, IT Infrastructure, Cloud Computing, and Cyber Security.
Who are Aforeserve's investors?
Aforeserve has 17 investors. Key investors include Samir Chandra Arora, Acctel Limited, Hsieh Mei Lin, Huang Hsueh Ching, and David Gavin Markscheffel.
What is Aforeserve's valuation?
The valuation of Aforeserve is $17.96M as of Jul 2008.