Alten
About Alten
Alten is a company founded in 1988 was acquired by ALTEN Calsoft Labs in March 2016.. The company has 2,812 employees as of March 29, 2024. Alten has completed 22 acquisitions, including AP Solutions, Accord Global Technology Solutions and Atosworldgrid. Alten operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Employees 2812 as on 29 Mar, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alten India Private Limited
- Date of Incorporation 29 Jan, 2010
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$51.51 M (USD)0as on Mar 31, 2023
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Net Profit
$6.06 M (USD)0as on Mar 31, 2023
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EBITDA
$9.45 M (USD)0as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
2812
as on Mar 29, 2024
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Investments & Acquisitions
AP Solutions
& 21 more
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Acquired by
ALTEN Calsoft Labs
(Mar 02, 2016)
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Software Development Team
101 people
Ingénieur Team
37 people
Leadership Team
37 people
Responsable Team
32 people
Directeur Team
16 people
Sales and Marketing
15 people
Data Analysis and Operations Team
15 people
Senior Team
14 people
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Funding Insights of Alten
| 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 Alten
Alten has secured backing from 1 investor. Prominent investors backing the company include ALTEN Calsoft Labs. 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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Offers AI-powered digital solutions, engineering, IT services, and talent management globally.
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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 Alten
Alten has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include AP Solutions, Accord Global Technology Solutions and Atosworldgrid. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of data analytics, virtualization, cloud, and IT security & consulting services
|
2013 | ||||
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Atosworldgrid was founded in 2010 as a French technology firm.
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2010 | ||||
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Provider of application development and QA testing services
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alten
| 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 |
Alten Comparisons
Competitors of Alten
Alten 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 |
|---|---|---|---|---|
| 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 |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Alten
Frequently Asked Questions about Alten
When was Alten founded?
Alten was founded in 1988.
How many employees does Alten have?
As of Mar 29, 2024, the latest employee count at Alten is 2,812.
What is the annual revenue of Alten?
Annual revenue of Alten is $51.51M as on Mar 31, 2023.
What does Alten do?
Alten was founded in 1988 as a provider in the telecommunications sector. Infrastructure services are delivered to support network development and maintenance. Operations focus on engineering solutions for telecom systems, including design and implementation. The company operates through its domain alten.com, serving clients in the industry without specified geographic limitations. Core activities emphasize reliable infrastructure support for communication networks.
Who are the top competitors of Alten?
Alten's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
How many acquisitions has Alten made?
Alten has made 22 acquisitions, including AP Solutions, Accord Global Technology Solutions, and Atosworldgrid.
Who are Alten's investors?
Alten has 1 investor. Key investors include ALTEN Calsoft Labs.
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