Astek

Boulogne-billancourt, France Founded: 1988 • Age: 38 yrs
IT service suites and AI solutions are provided by Astek.

About Astek

Astek is a company based in Boulogne-billancourt (France) founded in 1988. It operates as a Professional Services, and Managed Services. The company has 4 employees as of December 31, 2024. Astek has completed 13 acquisitions, including Astek, BES and CORE SERVICES. Astek offers products and services including Digital & Data Solutions, Intelligent Industry, and Telecom & Infra. Astek operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Boulogne-billancourt, France
  • Employees 4 as on 31 Dec, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Astek Group
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $236.74 M (USD), Debt – Conventional

    Aug 06, 2021

  • Investors
  • Employee Count
    4

    as on Dec 31, 2024

  • Investments & Acquisitions
    Astek

    & 12 more

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Products & Services of Astek

Astek offers a comprehensive portfolio of products and services, including Digital & Data Solutions, Intelligent Industry, and Telecom & Infra. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Digital transformation solutions are provided for various industries.

Engineering solutions are offered for industrial sector advancements.

Infrastructure services are delivered for telecom industry needs.

Funding Insights of Astek

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $236.7M
  • First Round

    (06 Aug 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Debt – Conventional - Astek Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Astek

Astek has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include AXA Investment Managers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified alternative assets are managed through investment strategies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Astek

Astek has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Astek, BES and CORE SERVICES. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software development and IT support services are provided.
2017
Riversen is a management consulting company specializing in construction and industry
2017
Consulting services in business and engineering are provided to clients.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Astek

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Astek Comparisons

Employees
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Competitors of Astek

Astek 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
IT outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Astek

When was Astek founded?

Astek was founded in 1988 and raised its 1st funding round 33 years after it was founded.

Where is Astek located?

Astek is headquartered in Boulogne-billancourt, France. It is registered at Boulogne-billancourt, Hauts-de-seine, France.

Who is the current CEO of Astek?

Jean-Luc Bernard is the current CEO of Astek.

How many employees does Astek have?

As of Dec 31, 2024, the latest employee count at Astek is 4.

What does Astek do?

Astek Group is involved in providing engineering and technology consulting services across multiple sectors including Defense, Transport, Energy, Life Sciences, Finance, Government, Retail, Internet Services, Telecom, and Media. Solutions are delivered through digital transformation, data solutions, intelligent industry practices, and telecom infrastructure support. The company is committed to sustainable innovation and supports international clients in deploying smart products and services.

Who are the top competitors of Astek?

Astek's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

What products or services does Astek offer?

Astek offers Digital & Data Solutions, Intelligent Industry, and Telecom & Infra.

How many acquisitions has Astek made?

Astek has made 13 acquisitions, including Astek, BES, and CORE SERVICES.

Who are Astek's investors?

Astek has 1 investor. Key investors include AXA Investment Managers.

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