Ancubate

Ahmedabad, India Founded: 2018 • Age: 8 yrs
Delivers comprehensive solutions for application development, hosting, and data analytics.

About Ancubate

Ancubate is a Technology company based in Ahmedabad (India) founded in 2018. It delivers comprehensive solutions for application development, hosting, and data analytics. It operates on a B2B model. The company has 5 employees. Its Indian entity Tech Ancubate Private Limited reported revenue of β‚Ή1.39 Cr. Its focus areas include Software Services, Application Development and Hosting and Analytics. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Ancubate delivers comprehensive solutions for application development, hosting, and data analytics, focusing on leveraging cutting-edge technology, software services, application development, and hosting and analytics. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹1.39 Cr

    FY 2024 · +27% YoY

  • Net Profit
    ₹7.6 Lakh

    FY 2024 · 5% margin

  • EBITDA
    ₹10.9 Lakh

    FY 2024 · 8% margin

  • Employee Count
    5

Board of directors of Tech Ancubate Private Limited (Ancubate)

Tech Ancubate Private Limited is the primary company behind Ancubate. The board of Tech Ancubate Private Limited currently have 3 directors; the longest-serving is Vijaykumar Ramjibhai Antalal, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vijaykumar Ramjibhai Antalal
DIN 01996512
Director20 Jul 20188 yrs 3 moTech Ancubate Private Limited
Rakesh Antala
DIN 01837526
Director20 Jul 20188 yrs 3 moTech Ancubate Private Limited
Nileshkumar Tanukumar Patel
DIN 01688565
Director08 Jul 20206 yrs 3 moTech Ancubate Private Limited

Financials of Ancubate

Figures of Tech Ancubate Private Limited, the primary company behind Ancubate, for FY 2024. Revenue was ₹1.39 Cr (+27% year on year). Net profit was ₹7.6 Lakh (5% margin). EBITDA was ₹10.9 Lakh (8% margin). Revenue has grown at a compounded annual rate of +5% over three years and +6% over five years.

  • ₹1.39 CrRevenue · FY 2024 · +27% YoY
  • ₹7.6 LakhNet profit · 5% margin
  • ₹10.9 LakhEBITDA · 8% margin
  • ₹1 LakhPaid-up capital
  • 5Employees (provident fund records)
  • +5%Revenue CAGR, 3 years
  • +6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Tech Ancubate Private Limited are on its company page.

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Detailed financial statements for Ancubate

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Competitors of Ancubate

Ancubate has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Ancubate

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Frequently Asked Questions about Ancubate

Ancubate was founded in 2018.

Ancubate is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Ancubate has 5 employees.

The primary company behind Ancubate, Tech Ancubate Private Limited, reported revenue of β‚Ή1.39 Cr for FY 2024, up 27% year on year.

Ancubate delivers comprehensive solutions for application development, hosting, and data analytics, focusing on leveraging cutting-edge technology, software services, application development, and hosting and analytics. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Ancubate's top competitors include Happiest Minds and Datamatics.

Ancubate operates through Tech Ancubate Private Limited.

The legal entities of Ancubate currently have 3 directors, including Vijaykumar Ramjibhai Antalal, Rakesh Antala, Nileshkumar Tanukumar Patel.

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