About Alteatec
Alteatec is a company based in Mellieha (Malta) founded in 2001 was acquired by Greentube in January 2023.. The company has 43 employees as of April 06, 2024. Alteatec operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Mellieha, Malta
- Employees 43 as on 06 Apr, 2024
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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 Alteatec It Solutions Private Limited
- Date of Incorporation 16 Feb, 2017
- Jurisdiction Haveli, Maharashtra, India
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Funding Insights of Alteatec
| 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 Alteatec
Alteatec has secured backing from 1 investor. Prominent investors backing the company include Greentube. 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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Casino games for mobile platforms are developed by Greentube.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alteatec
| 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 - Alteatec
| 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 |
Alteatec Comparisons
Competitors of Alteatec
Alteatec 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. 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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| 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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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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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 Alteatec
Frequently Asked Questions about Alteatec
When was Alteatec founded?
Alteatec was founded in 2001.
Where is Alteatec located?
Alteatec is headquartered in Mellieha, Malta.
How many employees does Alteatec have?
As of Apr 06, 2024, the latest employee count at Alteatec is 43.
What is the annual revenue of Alteatec?
Annual revenue of Alteatec is $1.27M as on Mar 31, 2023.
What does Alteatec do?
Alteatec was founded in 2001 and is headquartered in Mellieha, Malta. IT services are delivered by the company within the technology sector, encompassing mobile application development, security measures, and network administration. Other technical support functions are handled to meet client needs. Operations are conducted primarily from the European base, with emphasis placed on infrastructure management and software solutions for various industries.
Who are the top competitors of Alteatec?
Alteatec's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Who are Alteatec's investors?
Alteatec has 1 investor. Key investors include Greentube.