Aggne

Tampa, United States Founded: 2018 • Age: 8 yrs Acquired By Wipro
Consulting and managed services are provided for insurance technology innovation.
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About Aggne

Aggne is a company based in Tampa (United States) founded in 2018 by Asha Kalidindi and Vijay Varma was acquired by Wipro in February 2024.. The company has 187 employees as of April 08, 2024. Aggne offers products and services including SwiftUpgrade, SwiftQA, HO Live in 90 Days, and Duck Creek Implementation. Aggne operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.

  • Headquarter Tampa, United States
  • Employees 187 as on 08 Apr, 2024
  • Founders Asha Kalidindi, Vijay Varma
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aggne Global It Services Private Limited
  • Date of Incorporation 02 Nov, 2020
  • Jurisdiction Seri Lingampally, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $2.93 M (USD)
    120.2
    as on Mar 31, 2023
  • Net Profit
    $331.48 K (USD)
    432.81
    as on Mar 31, 2023
  • EBITDA
    $502.82 K (USD)
    341.71
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    187

    as on Apr 08, 2024

  • Acquired by
    Wipro

    (Feb 13, 2024)

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Products & Services of Aggne

Aggne offers a comprehensive portfolio of products and services, including SwiftUpgrade, SwiftQA, HO Live in 90 Days, and Duck Creek Implementation. 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.

Primary

Automates insurance software upgrades to reduce timelines and minimize disruptions.

Implements agile testing for enhanced quality in insurance processes.

Accelerates property insurance product launches to market.

Integrates insurance platforms for efficient operations and customer experiences.

People of Aggne
Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Neha Kumari
Marketing Manager
People
Anand Sundaresan
Associate Vice President
People
Asha Kalidindi
Co-founder And CEO
People
Ajay Sharma
Vice President Business

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Funding Insights of Aggne

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Seed - Aggne Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aggne

Aggne has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro. 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.

All
Institutional
Investor Description Founded Year Domain Location
Wipro is recognized as a consulting-led, AI-powered technology services company.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aggne

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aggne

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aggne Comparisons

Employees
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Competitors of Aggne

Aggne 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 Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, 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
A platform for digital insurance distribution and management is provided.
domain founded_year HQ Location
Cloud-based solutions for insurance policy management and underwriting are offered.
domain founded_year HQ Location
AI-based software suite is provided for banking and insurance sectors.
domain founded_year HQ Location
Insurance policy and claim management solutions for the insurance industry
domain founded_year HQ Location
Cloud-based insurance software suites are developed for insurers and partners.
domain founded_year HQ Location
Cloud-based software solutions for credit insurers, surety bonds & trade finance
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Aggne

When was Aggne founded?

Aggne was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is Aggne located?

Aggne is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.

Who is the current CEO of Aggne?

Asha Kalidindi is the current CEO of Aggne. They have also founded this company.

How many employees does Aggne have?

As of Apr 08, 2024, the latest employee count at Aggne is 187.

What is the annual revenue of Aggne?

Annual revenue of Aggne is $2.93M as on Mar 31, 2023.

What does Aggne do?

Aggne was founded in 2018 and is based in Tampa, United States. Consulting and managed services are delivered by the company to support technological innovation within the insurance industry. Key offerings include Duck Creek implementation, business development, DevOps, automation, and cloud services. A significant investment has been made in Aggne by Wipro to expand capabilities in insurance consulting and services.

Who are the top competitors of Aggne?

Aggne's top competitors include FintechOS, Socotra and Tinubu.

What products or services does Aggne offer?

Aggne offers SwiftUpgrade, SwiftQA, HO Live in 90 Days, and Duck Creek Implementation.

Who are Aggne's investors?

Aggne has 1 investor. Key investors include Wipro.

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