About AssureEdge
AssureEdge is a company based in Mumbai (India) founded in 1989 by Bhupesh Tambe was acquired by EbixCash in November 2020. AssureEdge has raised $1.37 million across 3 funding rounds from investors including EbixCash, Synthesis Equity Research Foundation and M A Murugappan. The company has 961 employees as of April 09, 2024. AssureEdge operates in a competitive market with competitors including Genpact, Datamatics, Quess, Sutherland and TaskUs, among others.
- Headquarter Mumbai, India
- Employees 961 as on 09 Apr, 2024
- Founders Bhupesh Tambe
- Stage Minicorn
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ebixcash Global Services Private Limited
- Date of Incorporation 08 Feb, 1989
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$17.37 M (USD)83.09as on Mar 31, 2023
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Net Profit
$1.84 M (USD)29.92as on Mar 31, 2023
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EBITDA
$6.31 M (USD)97.27as on Mar 31, 2023
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Total Equity Funding
$1.37 M (USD)
in 3 rounds
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Latest Funding Round
$203.3 K (USD), Unspecified
May 16, 2009
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Investors
EbixCash
& 3 more
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Employee Count
961
as on Apr 09, 2024
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Acquired by
EbixCash
(Nov 23, 2020)
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Funding Insights of AssureEdge
AssureEdge has successfully raised a total of $1.37M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $203.3 thousand completed in May 2009. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Unspecified — $203,300
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First Round
First Round
(11 Oct 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2009 | Amount | Unspecified - AssureEdge | Valuation |
investors |
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| Oct, 2007 | Amount | Unspecified - AssureEdge | Valuation |
investors |
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| Oct, 2006 | Amount | Unspecified - AssureEdge | Valuation |
investors |
Investors in AssureEdge
AssureEdge has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include EbixCash, Synthesis Equity Research Foundation and M A Murugappan.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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SS
Shyam Sunder |
Co-founder of Peak XV Partners, prominent Indian angel investor
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Founded Year | Domain | Location |
Investments & Acquisitions by AssureEdge
Financial Statements - AssureEdge
Assureedge Comparisons
Competitors of AssureEdge
AssureEdge 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 Genpact, Datamatics, Quess, Sutherland and TaskUs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud-based text analytics and cognitive automation services are provided.
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| domain | founded_year | HQ Location |
Provider of outsourcing and business services
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| domain | founded_year | HQ Location |
Business process and technology management services are provided globally.
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| domain | founded_year | HQ Location |
Provider of customer care and back office support services for multiple sectors
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| domain | founded_year | HQ Location |
Electricity generation and distribution are provided in eastern India.
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Latest news on Assureedge
Frequently Asked Questions about AssureEdge
AssureEdge was founded in 1989 and raised its 1st funding round 17 years after it was founded.
AssureEdge is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
AssureEdge is a funded company, having raised a total of $1.37M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $231.5K, raised on Oct 11, 2006.
As of Apr 09, 2024, the latest employee count at AssureEdge is 961.
Annual revenue of AssureEdge is $17.37M as on Mar 31, 2023.
AssureEdge was founded in 1989 by Bhupesh Tambe and is headquartered in Mumbai, India. Business process outsourcing services are delivered by the company, focusing on operational support across various sectors. Activities include process management and client-specific solutions, with operations centered in the Indian market but extending to international clients. The firm maintains a structure led by its founder as managing director.
AssureEdge's top competitors include Quess, Datamatics and TaskUs.
AssureEdge has 4 investors. Key investors include EbixCash, Synthesis Equity Research Foundation, M A Murugappan, and Shyam Sunder.
The valuation of AssureEdge is $3.04M as of May 2009.