About Applications Software Technology
Applications Software Technology is a Technology company based in Naperville (United States) founded in 1995 by Pravin Kumar, and was acquired by Recognize in January 2022. It operates as a cloud-based enterprise integration and digital transformation services are provided. The company has 447 employees. Applications Software Technology has completed 4 acquisitions, including 9EDGE, CTR World and Serene Corp. Its Indian entity Application Software Technologies Private Limited reported revenue of βΉ130 Cr. Its focus areas include Business Services, ERP Services and Horizontal.
Company details
Founded in 1995 and based in Naperville, United States, the company operates in the information technology sector, focusing on cloud-based solutions. Enterprise system integration and digital transformation services are delivered, including cloud assessments, application implementations, and managed solutions across platforms such as Oracle, Salesforce, and NetSuite. Support is extended to various industries for cloud migrations, system modernizations, and implementations of ERP, CRM, and HCM systems, along with testing and integration.
- Headquarters Naperville, United States
- Employees 447
- Founders Pravin Kumar
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website astcorporation.com
- Social LinkedIn X Facebook
- Acquired by Recognize (Jan 2022)
- Legal Name Application Software Technologies Private Limited
- Date of Incorporation 13 Jul, 2011
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹130 Cr
FY 2025 · +3% YoY
- Net Profit₹11.03 Cr
FY 2025 · 8% margin
- EBITDA₹15.59 Cr
FY 2025 · 12% margin
- InvestorsTailwind Capital
& 1 more
- Employee Count447
- Investments & Acquisitions9EDGE
& 3 more
- Acquired byRecognize
(Jan 2022)
Associated legal entities of Applications Software Technology
Applications Software Technology operates through Application Software Technologies Private 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 |
|---|---|---|---|---|---|---|---|
| Application Software Technologies Private Limited CIN U72900PN2011PTC140139 | Active | 13 Jul 2011 | Pune, Maharashtra | ₹130 Cr | 447 | 2 | View details |
Funding Insights of Applications Software Technology
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Applications Software Technology 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 |
|---|---|---|---|---|---|
| Feb 2017 | – | Private Equity Round | β | Tailwind Capital | β |
2 investors in total: 2 institutional.
Investors in Applications Software Technology
Applications Software Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tailwind Capital and Recognize.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in the US | 2003 | tailwind.com | New York, United States | |
Technology companies are funded by Recognize through venture capital investments. | – | recognize.com | New York, United States |
Investor details for Applications Software Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Application Software Technologies Private Limited (Applications Software Technology)
Application Software Technologies Private Limited is the primary company behind Applications Software Technology. The board of Application Software Technologies Private Limited currently have 2 directors; the longest-serving is Akila Vasudevan, appointed in 2025. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akila Vasudevan DIN 09494720 | Director | 18 Sep 2025 | 1 yr | Application Software Technologies Private Limited |
| Vaibhav Sharad Gomkale DIN 10927488 | Director | 18 Sep 2025 | 1 yr | Application Software Technologies Private Limited |
People of Applications Software Technology
97 people are tracked at Applications Software Technology (31 in leadership, 66 in team); the tracked headcount is 447.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Prasad Nettem | Senior Vice President, Cloud Applications | Leadership |
Elliott Robbins | Senior Director, Pre-sales Salesforce | Leadership |
Sharlena Coles | Global Director, HCM Center Of Excellence | Leadership |
Paul Sharpe | Vice President; Commercial Presales | Leadership |
Sanford Kaufman | Regional Sales Director | Leadership |
Venkat Rangachari | Director Service Delivery - Oracle Cloud ERP | Leadership |
Justine Sloyer | Global Director, Talent Management | Leadership |
Sreenivasa Etla | Senior Director - Global Cloud Applications, AST LLC | Leadership |
Arihant Dutt | CRM Director | Leadership |
Frank J Smith | Vice President | Leadership |
Jagadeesh Parvathaneni | Director | Leadership |
Ajit Sathaye | VP, Pre Sales | Leadership |
Suneel S. | Sr Global Talent Partner | Leadership |
Melissa Sider | VP, Marketing & Communications | Leadership |
Bernard Doyle | Vice President, Operations | Leadership |
Teresa Stanula | VP, Human Resources | Leadership |
Jill Lahanis | Human Resources Director | Leadership |
Sapana Suresh | Senior Director Human Resources | Leadership |
Sarthy Vadnerkar | Director, Marketing & Presales | Leadership |
77 more people are available in the full profile.
Complete people profiles for Applications Software Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Applications Software Technology
Figures of Application Software Technologies Private Limited, the primary company behind Applications Software Technology, for FY 2025. Revenue was ₹130 Cr (+3% year on year). Net profit was ₹11.03 Cr (8% margin). EBITDA was ₹15.59 Cr (12% margin). Revenue has grown at a compounded annual rate of +1% over three years and +13% over five years.
- ₹130 CrRevenue · FY 2025 · +3% YoY
- ₹11.03 CrNet profit · 8% margin
- ₹15.59 CrEBITDA · 12% margin
- ₹1 LakhPaid-up capital
- 447Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Application Software Technologies Private Limited are on its company page.
Detailed financial statements for Applications Software Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Applications Software Technology
Applications Software Technology has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 9EDGE, CTR World and Serene Corp.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
ERP consulting services are provided for business optimization needs. | symatrix.com | Manchester, United Kingdom | 2000 | May 2024 | β’β’β’β’ | |
Provider of ERP cloud and digital supply chain services | 9edge.co | Irvine, United States | 2014 | May 2023 | β’β’β’β’ | |
ERP cloud services are provided to enterprises from Irvine. | ctrworld.com | Irvine, United States | 1998 | Jan 2023 | β’β’β’β’ | |
Provider of cloud services | serenecorp.com | Lisle, United States | 2003 | Sep 2015 | β’β’β’β’ |
Complete acquisition details for Applications Software Technology
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
Verified entity values are shown only after access is granted.
Timeline of Applications Software Technology
7 dated milestones of Applications Software Technology across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Applications Software Technology is founded.
- Acquisition Acquires Serene Corp.
- Funding First funding round.
- Exit Acquired by Recognize.
- Acquisition Acquires CTR World.
- Acquisition Acquires 9EDGE.
- Acquisition Acquires Symatrix.
Web traffic of Applications Software Technology
The website of Applications Software Technology (astcorporation.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▼ 4.5% vs previous month
Websites whose visitors overlap most with Applications Software Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
coresys.com | coresys.com | 100% | – | #2,792,324 | β |
| ast-science.com | 96% | 147.8K | #282,842 | View details | |
| glassdoor.com | 66% | 30.5M | #1,976 | View details | |
| ast-corp.net | 63% | – | #10,734,332 | View details | |
sswaro.wordpress.com | sswaro.wordpress.com | 59% | – | – | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 13 similar websites and full traffic analytics for Applications Software Technology
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in ERP & Enterprise Software Services
10 companies that operate in the same segment as Applications Software Technology (ERP & Enterprise Software Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of essential services for merchants including business management, customer analysis, and payment services | 2016 | Seoul, Seoul, South Korea | USD 131.97 M | – | 172 | |
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. | 2004 | Hyderabad, Telangana, India | – | – | 895 | |
Offers SEO and digital marketing services for business growth online. | 2006 | Delhi, Delhi, India | – | USD 4.36 M | 144 | |
End-to-end solutions for software businesses are provided. | 1989 | Austin, Texas, United States | – | – | – | |
ERP services are provided by sa.global since 1990. | 1990 | Marietta, Georgia, United States | – | – | – | |
Cloud-based enterprise business management software provider | 2004 | Vaihingen An Der Enz, Baden-wurttemberg, Germany | – | USD 8.37 M | 77 | |
Governance and compliance services are provided to franchise operations. | 1997 | Virginia Beach, Virginia, United States | – | USD 4.4 B | 6,535 | |
Provider of ERP consulting services | 2009 | Plano, Texas, United States | – | – | 264 | |
SAP and managed services are provided by Lemongrass. | 2008 | Ewing Township, New Jersey, United States | – | USD 2.17 M | 172 | |
Provider of ERP consulting services | 2007 | Castle Donington, United Kingdom | – | – | 38 |
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Related news about Applications Software Technology
Complete news archive for Applications Software Technology
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- Brand-specific news history
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Frequently Asked Questions about Applications Software Technology
Applications Software Technology was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Applications Software Technology is headquartered in Naperville, United States. It is registered at Naperville, Illinois, United States.
Applications Software Technology has 447 employees.
The primary company behind Applications Software Technology, Application Software Technologies Private Limited, reported revenue of βΉ130 Cr for FY 2025, up 3% year on year.
Founded in 1995 and based in Naperville, United States, the company operates in the information technology sector, focusing on cloud-based solutions. Enterprise system integration and digital transformation services are delivered, including cloud assessments, application implementations, and managed solutions across platforms such as Oracle, Salesforce, and NetSuite. Support is extended to various industries for cloud migrations, system modernizations, and implementations of ERP, CRM, and HCM systems, along with testing and integration.
Applications Software Technology has made 4 acquisitions, including 9EDGE, CTR World, and Serene Corp.
Applications Software Technology has 2 investors. Key investors include Tailwind Capital, and Recognize.
Applications Software Technology operates through Application Software Technologies Private Limited.
Yes. Applications Software Technology was acquired by Recognize in January 2022.
The legal entities of Applications Software Technology currently have 2 directors, including Akila Vasudevan, Vaibhav Sharad Gomkale.

