About Antares Systems
Antares Systems is a Government & Social Sector company based in Bengaluru (India) founded in 1997. Web-based procurement solutions are delivered via a cloud platform. It operates in the Government & Social Sector and Technology sectors. The company has 148 employees. Antares Systems was last valued at $1.11 million in March 2008. Its chief executive, as recorded, is B V Suresh Kumar. Its Indian entity Antares Systems Limited reported revenue of ₹20.00 Cr. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Procure To Pay.
Company details
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.
- Headquarters Bengaluru, India
- Employees 148
- Stage Minicorn
- SectorsGovernment & Social SectorTechnology
- Email••••••••
- Website antaressystems.com
- Social LinkedIn X Facebook
- Legal Name Antares Systems Limited
- Date of Incorporation 19 Dec, 1997
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹20.00 Cr
FY 2025 · +7% YoY
- Net Profit₹2.02 Cr
FY 2025 · 10% margin
- EBITDA₹2.84 Cr
FY 2025 · 14% margin
- Latest Funding Round$60.4K (USD), Unspecified
Mar 2008
- Employee Count148
Associated legal entities of Antares Systems
Antares Systems operates through Antares Systems Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Antares Systems Limited CIN U72900KA1997PLC023187 | Active | 19 Dec 1997 | Bangalore, Karnataka | ₹20.0 Cr | 148 | 3 | View details |
Funding Insights of Antares Systems
- Total Rounds 1
- Last Round Unspecified — $60,401
- First Round $60,401
(Mar 2008)
All 1 funding rounds of Antares Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2008 | $60,401 | Unspecified | $1.11M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2008 | $1.11M | •••••••• |
Last known valuation $1.11M (Mar 2008).
Board of directors of Antares Systems Limited (Antares Systems)
Antares Systems Limited is the primary company behind Antares Systems. The board of Antares Systems Limited currently have 3 directors; the longest-serving is Brahmavar Varambally Suresh Kumar, appointed in 1997. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brahmavar Varambally Suresh Kumar DIN 00740378 | Director | 19 Dec 1997 | 28 yrs 10 mo | Antares Systems Limited |
| Mythri Varambally Kumar DIN 02542162 | Director | 18 May 2009 | 17 yrs 5 mo | Antares Systems Limited |
| Narasimaha Murthy Sadaram DIN 07944094 | Director | 21 Sep 2017 | 9 yrs 1 mo | Antares Systems Limited |
People of Antares Systems
1 people are tracked at Antares Systems (1 in leadership); the tracked headcount is 148.
| Name | Role | Group |
|---|---|---|
B V Suresh Kumar | CEO | Leadership |
Complete people profiles for Antares Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Antares Systems
Figures of Antares Systems Limited, the primary company behind Antares Systems, for FY 2025. Revenue was ₹20.00 Cr (+7% year on year). Net profit was ₹2.02 Cr (10% margin). EBITDA was ₹2.84 Cr (14% margin). Revenue has grown at a compounded annual rate of -12% over three years and -18% over five years.
- ₹20.00 CrRevenue · FY 2025 · +7% YoY
- ₹2.02 CrNet profit · 10% margin
- ₹2.84 CrEBITDA · 14% margin
- ₹6.51 CrPaid-up capital
- 148Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Antares Systems Limited are on its company page.
Detailed financial statements for Antares Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Antares Systems
3 dated milestones of Antares Systems across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Antares Systems is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
Web traffic of Antares Systems
The website of Antares Systems (antaressystems.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▼ 3.5% vs previous month
Websites whose visitors overlap most with Antares Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
freejobalert.com | freejobalert.com | 100% | #4,349 | – | |
jobbuzz.timesjobs.com | jobbuzz.timesjobs.com | 99% | – |
Top companies in GovTech
2 companies that operate in the same segment as Antares Systems (GovTech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Technology platform that enables users to access information on government and private welfare schemes | 2015 | Bengaluru, Karnataka, India | USD 3.29 M | USD 3.37 M | 234 |
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Related news about Antares Systems
Complete news archive for 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 CEO of Antares Systems, as recorded in our data.
Antares Systems has 148 employees.
The primary company behind Antares Systems, Antares Systems Limited, reported revenue of ₹20.00 Cr for FY 2025, up 7% year on year.
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.
The valuation of Antares Systems is $1.11M as of Mar 2008.
Antares Systems operates through Antares Systems Limited.
The legal entities of Antares Systems currently have 3 directors, including Narasimaha Murthy Sadaram, Mythri Varambally Kumar, Brahmavar Varambally Suresh Kumar.