About AsoCon
AsoCon is a Business Services company based in Delhi (India) founded in 2015. Provider of business process management service. Its Indian entity Asocon Outsourcing India Private Limited reported revenue of ₹36.6 Lakh. Its focus areas include BPO Services and Horizontal. Its competitors include Datamatics, Quess and CESC; 1 of its 3 listed competitors has raised funding.
Company details
AsoCon was established in 2015 and is headquartered in Delhi, India. Operations are centered on the business services sector, where business process management services are delivered to support organizational efficiency. The companys domain, asocon.in, facilitates access to these services, which include process optimization and management solutions. Activities are primarily conducted within India, targeting domestic business needs in administrative and operational functions.
- Headquarters Delhi, India
- SectorsBusiness Services
- Website asocon.in
- Legal Name Asocon Outsourcing India Private Limited
- Date of Incorporation 23 Sep, 2015
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹36.6 Lakh
FY 2017 · +374% YoY
- Net Loss-₹8.2 Lakh
FY 2017 · -22% margin
- EBITDA-₹8.6 Lakh
FY 2017 · -24% margin
- Investors
Associated legal entities of AsoCon
AsoCon operates through Asocon Outsourcing India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asocon Outsourcing India Private Limited CIN U74900HR2015PTC056760 | Active | 23 Sep 2015 | Gurgaon, Haryana | ₹0.4 Cr | 2 | View details |
Funding Insights of AsoCon
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of AsoCon 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 |
|---|---|---|---|---|---|
| Dec 2016 | Seed | – | Quarizon | – |
1 investors in total: 1 institutional.
Investors in AsoCon
AsoCon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Quarizon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & growth stage tech-focused Accelerator and VC firm investing primarily in India | 2015 | quarizon.com | Delhi, India |
Investor details for AsoCon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Asocon Outsourcing India Private Limited (AsoCon)
Asocon Outsourcing India Private Limited is the primary company behind AsoCon. The board of Asocon Outsourcing India Private Limited currently have 2 directors; the longest-serving is Sanjay Nagi, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Nagi DIN 05289153 | Director | 23 Sep 2015 | 11 yrs 1 mo | Asocon Outsourcing India Private Limited |
| Alok Goel DIN 07315705 | Director | 23 Nov 2015 | 10 yrs 11 mo | Asocon Outsourcing India Private Limited |
Financials of AsoCon
Figures of Asocon Outsourcing India Private Limited, the primary company behind AsoCon, for FY 2017. Revenue was ₹36.6 Lakh (+374% year on year). Net loss was -₹8.2 Lakh (-22% margin). EBITDA was -₹8.6 Lakh (-24% margin).
- ₹36.6 LakhRevenue · FY 2017 · +374% YoY
- -₹8.2 LakhNet loss · -22% margin
- -₹8.6 LakhEBITDA · -24% margin
- ₹20 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Asocon Outsourcing India Private Limited are on its company page.
Detailed financial statements for AsoCon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of AsoCon
2 dated milestones of AsoCon across 1 years, from founding to its latest funding, stage changes and deals.
- Founded AsoCon is founded.
- Funding First funding round.
Competitors of AsoCon
AsoCon has 3 listed competitors in our database, 1 of them funded. They include Datamatics, Quess and CESC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| quesscorp.com | 2007 | Bengaluru, India | 1,860 | Provider of outsourcing and business services | ||
| cesc.co.in | 1879 | Kolkata, India | 6,320 | Electricity generation and distribution are provided in eastern India. |
Detailed competitors of AsoCon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Business Process Outsourcing (BPO)
3 companies that operate in the same segment as AsoCon (Business Process Outsourcing (BPO)) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of outsourcing and business services | 2007 | Bengaluru, Karnataka, India | USD 1.63 B | 441,150 | ||
Cloud-based text analytics and cognitive automation services are provided. | 1975 | Mumbai, Maharashtra, India | USD 3 M | USD 211.78 M | 4,960 | |
Electricity generation and distribution are provided in eastern India. | 1879 | Kolkata, West Bengal, India | USD 1.98 B | 5,690 |
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Frequently Asked Questions about AsoCon
AsoCon was founded in 2015 and raised its 1st funding round 1 year after it was founded.
AsoCon is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind AsoCon, Asocon Outsourcing India Private Limited, reported revenue of ₹36.6 Lakh for FY 2017, up 374% year on year.
AsoCon was established in 2015 and is headquartered in Delhi, India. Operations are centered on the business services sector, where business process management services are delivered to support organizational efficiency. The companys domain, asocon.in, facilitates access to these services, which include process optimization and management solutions. Activities are primarily conducted within India, targeting domestic business needs in administrative and operational functions.
AsoCon's top competitors include Quess, Datamatics and CESC.
AsoCon has 1 investor. Key investors include Quarizon.
AsoCon operates through Asocon Outsourcing India Private Limited.
The legal entities of AsoCon currently have 2 directors, including Sanjay Nagi, Alok Goel.