Aftek

Mumbai, India Founded: 1986 • Age: 40 yrs Acquired By Vulcan Industries
IT and embedded systems development and testing services are provided.
Annual revenue $1.9M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Aftek

Aftek is a company based in Mumbai (India) founded in 1986 was acquired by Vulcan Industries in November 2021. Aftek has completed 1 acquisition, including V-Soft. Aftek operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.

  • Headquarter Mumbai, India
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aftek Limited
  • Date of Incorporation 25 Mar, 1986
  • Jurisdiction Dadar, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.85 M (USD)
    -70.02
    as on Mar 31, 2017
  • Net Profit
    -$6.39 M (USD)
    -111.79
    as on Mar 31, 2017
  • EBITDA
    -$143.37 K (USD)
    -104.04
    as on Mar 31, 2017
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Vulcan Industries

    (Nov 02, 2021)

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People of Aftek

Headcount 200-500
Employee Profiles 3
Employee Profiles
People
Sanjay Choudhary
Chief Operating Officer
People
Mukul Dalal
Director, Institutional Sales And Marketing

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Funding Insights of Aftek

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Detailed funding history for Aftek

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Investors in Aftek

Aftek has secured backing from 1 investor. Prominent investors backing the company include Vulcan Industries.

All
Investor Description Founded Year Domain Location
-
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Investor details for Aftek

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Investments & Acquisitions by Aftek

Aftek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include V-Soft.

Investments
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Investment portfolio details for Aftek

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile and enterprise applications are developed and ported by V-Soft.
Locked Locked 1995 Locked
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Complete acquisition details for Aftek

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Financial Statements - Aftek

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Detailed financials for Aftek

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Aftek Comparisons

Aftek Primary company
Description
IT and embedded systems development and testing services are...
Location
Mumbai, India
Founded Year
1986
Annual Revenue
$1.85 M (USD)
Net Profit
-$6.39 M (USD)
EBITDA
-$143.37 K (USD)
Employees
Not available
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Peer comparison for Aftek

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Competitors of Aftek

Aftek 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 NTT DATA, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
Locked Locked Locked
Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of Aftek

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Latest news on Aftek

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Complete news archive for Aftek

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Frequently Asked Questions about Aftek

Aftek was founded in 1986.

Aftek is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Annual revenue of Aftek is $1.85M as on Mar 31, 2017.

Founded in 1986 and headquartered in Mumbai, India, Aftek operates in the IT and embedded systems sector. Services encompass application development, system migration, UI development, and managed IT support. Embedded offerings include BSP development, smart card systems, security systems, wireless systems, control systems, and power line communication. Additional areas cover analytics, hardware engineering, and testing for applications, embedded devices, and mobile platforms.

Aftek's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

Aftek has made 1 acquisition, including V-Soft.

Aftek has 1 investor. Key investors include Vulcan Industries.

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