About Antares Systems
Antares Systems is a company based in Bengaluru (India) founded in 1997. Antares Systems has raised $60.4 thousand across 1 funding round. The company has 148 employees as of April 09, 2024. Antares Systems operates in a competitive market with competitors including Mercell, VendorPanel, WCube, NovaFori and Periscope Holdings, among others.
- Headquarter Bengaluru, India
- Employees 148 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Government & Social SectorTechnology
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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 Antares Systems Limited
- Date of Incorporation 19 Dec, 1997
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.98 M (USD)-16.73as on Mar 31, 2023
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Net Profit
$252.98 K (USD)-62.61as on Mar 31, 2023
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EBITDA
-$16.6 K (USD)-102.72as on Mar 31, 2023
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Total Equity Funding
$60.4 K (USD)
in 1 rounds
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Latest Funding Round
$60.4 K (USD), Unspecified
Mar 31, 2008
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Investors
Not available
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Employee Count
148
as on Apr 09, 2024
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Funding Insights of Antares Systems
Antares Systems has successfully raised a total of $60.4K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $60.4 thousand completed in March 2008. 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.
Investments & Acquisitions by Antares Systems
Investment portfolio details for Antares Systems
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Financial Statements - Antares Systems
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Antares Systems Comparisons
Peer comparison for Antares Systems
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Competitors of Antares Systems
Antares Systems 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 Mercell, VendorPanel, WCube, NovaFori and Periscope Holdings, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online tendering solutions for public and private projects are provided.
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SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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| Locked | Locked | Locked |
B2B procurement marketplace is operated for mid-sized enterprises.
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| Locked | Locked | Locked |
AI-enabled B2B marketplace for procurement and trading is provided.
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| Locked | Locked | Locked |
Web-based e-Procurement solutions are provided for government and businesses.
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| Locked | Locked | Locked |
Cloud-based procurement software and services are provided by e-Avrop.
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Detailed competitors of Antares Systems
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Latest news on Antares Systems
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Frequently Asked Questions about Antares Systems
Antares Systems was founded in 1997 and raised its 1st funding round 11 years after it was founded.
Antares Systems is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
B V Suresh Kumar is the current CEO of Antares Systems.
Antares Systems is a funded company, having raised a total of $60.4K across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Antares Systems is 148.
Annual revenue of Antares Systems is $2.98M as on Mar 31, 2023.
Antares Systems was founded in 1997 and is headquartered in Bengaluru, India. Operations focus on the software sector, providing a cloud-based platform for end-to-end procurement management. Services encompass e-tendering, e-procurement, and e-auction tools, including quotations, catalogs, reverse auctions, vendor registration, online payments, digital signature certificates, and e-governance solutions for government entities.
Antares Systems's top competitors include Mercell, VendorPanel and Periscope Holdings.
The valuation of Antares Systems is $1.11M as of Mar 2008.