About Alevate
Alevate is a company based in Petaling Jaya (Malaysia) founded in 2016 was acquired by PUC in June 2024.. Alevate offers products and services including Alevate POS, Alevate Procure, Alevate CX, and Alevate Capital. Alevate operates in a competitive market with competitors including UST, Genpact, NTT DATA, Endava and Persistent, among others.
- Headquarter Petaling Jaya, Malaysia
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Alevate Solutions Sdn Bhd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
PUC
(Jun 10, 2024)
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Products & Services of Alevate
Alevate offers a comprehensive portfolio of products and services, including Alevate POS, Alevate Procure, Alevate CX, and Alevate Capital. 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.
Streamlines retail operations with real-time insights and efficient workflows
Centralizes vendor management and optimizes purchasing decisions for businesses
Rewards customers and boosts engagement across various POS systems
Provides microloans and funding for small and medium enterprises
Funding Insights of Alevate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Alevate
Alevate has secured backing from 1 investor. Prominent investors backing the company include PUC Berhad. 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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Omni-channel marketing, e-commerce, and FinTech services in Malaysia.
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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 Alevate
| 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 - Alevate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Alevate Comparisons
Competitors of Alevate
Alevate 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, NTT DATA, Endava and Persistent, 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 |
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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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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Endava is engaged in digital transformation and AI-driven solutions.
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| domain | founded_year | HQ Location |
IT consulting, data analytics, and digital transformation services are provided.
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Business process and technology management services are provided globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Alevate
Frequently Asked Questions about Alevate
When was Alevate founded?
Alevate was founded in 2016.
Where is Alevate located?
Alevate is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
What does Alevate do?
Alevate was established in 2016 in Petaling Jaya, Malaysia, within the digital transformation consulting sector. Services encompass corporate and business planning, technology implementations such as vendor management and purchasing optimization, real-time data insights, and strategic planning and analysis. Operations focus on supporting organizational efficiency through these specialized offerings across the Asia region.
Who are the top competitors of Alevate?
Alevate's top competitors include Genpact, Persistent and NTT DATA.
What products or services does Alevate offer?
Alevate offers Alevate POS, Alevate Procure, Alevate CX, and Alevate Capital.
Who are Alevate's investors?
Alevate has 1 investor. Key investors include PUC Berhad.
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