About Altruist Technologies
Altruist Technologies is a company based in Panchkula (India) founded in 2005 by Dheeraj Aggarwal and Anuj Aggarwal.. Altruist Technologies has raised $258.52 thousand across 1 funding round from investors including Mobile2win Cayman. The company has 3,267 employees as of October 31, 2024. Altruist Technologies has completed 7 acquisitions, including Bubbly, Glow Networks and Info2cell. Altruist Technologies offers products and services including Digital Transformation Services and BPO Services.
- Headquarter Panchkula, India
- Employees 3267 as on 31 Oct, 2024
- Founders Dheeraj Aggarwal, Anuj Aggarwal
- Stage Minicorn
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Altruist Technologies Inc.
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Annual Revenue
$94.16 M (USD)5as on Mar 31, 2024
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Net Profit
$7.76 M (USD)-6as on Mar 31, 2024
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EBITDA
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Total Equity Funding
$258.52 K (USD)
in 1 rounds
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Latest Funding Round
$258.52 K (USD), Seed
Apr 25, 2009
- Investors
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Employee Count
3267
as on Oct 31, 2024
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Investments & Acquisitions
Bubbly
& 6 more
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Products & Services of Altruist Technologies
Altruist Technologies offers a comprehensive portfolio of products and services, including Digital Transformation Services and BPO Services. 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.
Digital transformation services are provided to enhance business operations across various industries.
BPO services are offered in areas such as process outsourcing and logistics to support organizational needs.
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Funding Insights of Altruist Technologies
Altruist Technologies has successfully raised a total of $258.52K through 1 strategic funding round. The most recent funding activity was a Seed round of $258.52 thousand completed in April 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $258,523
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First Round
First Round
(25 Apr 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2009 | Amount | Seed - Altruist Technologies | Valuation | Mobile2win Cayman |
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| 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 Altruist Technologies
Altruist Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mobile2win Cayman. 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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Multiple sectors are invested in by this private equity firm.
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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 Altruist Technologies
Altruist Technologies has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Bubbly, Glow Networks and Info2cell. 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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Analytics solutions for telecom and Big Data are provided.
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2012 | ||||
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Telecom messaging, charging solutions, and legacy system replacements are provided.
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2008 | ||||
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Multi-category mobile utility applications are provided for users.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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 - Altruist Technologies
| 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 |
Altruist Technologies Comparisons
Competitors of Altruist Technologies
| 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 Altruist Technologies
Frequently Asked Questions about Altruist Technologies
When was Altruist Technologies founded?
Altruist Technologies was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Where is Altruist Technologies located?
Altruist Technologies is headquartered in Panchkula, India. It is registered at Panchkula, Haryana, India.
Who is the current CEO of Altruist Technologies?
Makesh Sankaran is the current CEO of Altruist Technologies.
Is Altruist Technologies a funded company?
Altruist Technologies is a funded company, having raised a total of $258.52K across 1 funding round to date. The company's 1st funding round was a Seed of $258.52K, raised on Apr 25, 2009.
How many employees does Altruist Technologies have?
As of Oct 31, 2024, the latest employee count at Altruist Technologies is 3,267.
What is the annual revenue of Altruist Technologies?
Annual revenue of Altruist Technologies is $94.16M as on Mar 31, 2024.
What does Altruist Technologies do?
Altruist Technologies was founded in 2005 and is headquartered in Panchkula, India. Mobile value-added services, including web and voice-based offerings, are supplied to telecom operators, carriers, and ISPs. IT solutions are delivered to government and business sectors. Key services encompass BPO, WASP, CSP, mobile video chat, content navigation, and VoIP. Additional solutions include an online recruitment portal, GPS-enabled vehicle tracking, lead generation, and website design and development.
What products or services does Altruist Technologies offer?
Altruist Technologies offers Digital Transformation Services and BPO Services.
How many acquisitions has Altruist Technologies made?
Altruist Technologies has made 7 acquisitions, including Bubbly, Glow Networks, and Info2cell.
Who are Altruist Technologies's investors?
Altruist Technologies has 1 investor. Key investors include Mobile2win Cayman.
What is Altruist Technologies's valuation?
The valuation of Altruist Technologies is $44.34M as of Apr 2009.
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