About Axel Technologies
Axel Technologies is a company based in Kozhikode (India) founded in 2007 by Afsal Nishad. It operates as a Professional Services and Managed Services. Axel Technologies has raised $3.06 million across 3 funding rounds from investors including Nexit Ventures and Tesi. Axel Technologies offers products and services including Software Development, Mobile App Development, and Digital Marketing. Axel Technologies operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia, among others.
- Headquarter Kozhikode, India
- Founders Afsal Nishad
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Axel Technologies Private Limited
- Date of Incorporation 07 Jan, 2013
- Jurisdiction Kozhikode, Kerala, India
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Annual Revenue
$352.16 K (USD)32.35as on Mar 31, 2023
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Net Profit
$16.81 K (USD)19.03as on Mar 31, 2023
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EBITDA
$30.63 K (USD)9.38as on Mar 31, 2023
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Total Equity Funding
$3.06 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Nexit Ventures
& 1 more
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Employee Count
Not available
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Products & Services of Axel Technologies
Axel Technologies offers a comprehensive portfolio of products and services, including Software Development, Mobile App Development, and Digital Marketing.
Custom software solutions are developed for business needs.
Mobile applications are created for various business purposes.
Digital strategies are implemented to enhance online presence.
People of Axel Technologies
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Funding Insights of Axel Technologies
Axel Technologies has successfully raised a total of $3.06M across 3 strategic funding rounds. 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.
Investors in Axel Technologies
Axel Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Nexit Ventures and Tesi.
| Investor | Description | Founded Year | Domain | Location |
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Tech and Offline focused Early stage VC Firm investing in parts of Europe and the US
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Private equity investment firm
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Investor details for Axel Technologies
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Investments & Acquisitions by Axel Technologies
Investment portfolio details for Axel Technologies
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Financial Statements - Axel Technologies
Detailed financials for Axel Technologies
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Axel Technologies Comparisons
Peer comparison for Axel Technologies
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Competitors of Axel Technologies
Axel Technologies 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Embedded computing platforms are developed for industrial applications.
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Software development services are provided by Unicorn in Prague.
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Software development services including design, integration, and testing are provided.
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Software development services are provided via an AI-powered platform.
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Detailed competitors of Axel Technologies
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Latest news on Axel Technologies
Complete news archive for Axel Technologies
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Frequently Asked Questions about Axel Technologies
Axel Technologies was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Axel Technologies is headquartered in Kozhikode, India. It is registered at Kozhikode, Kerala, India.
Afsal Nishad is the current CEO of Axel Technologies. They have also founded this company.
Axel Technologies is a funded company, having raised a total of $3.06M across 3 funding rounds to date.
Annual revenue of Axel Technologies is $352.16K as on Mar 31, 2023.
Axel Technologies is involved in providing software development and digital marketing solutions. Services are offered across various sectors including custom software, mobile app development, and integrations. Based in India and UAE, the company is focused on delivering technology-driven solutions. Digital strategies are crafted to support business growth. Industry-specific and data-driven approaches are utilized to ensure scalability. Success-oriented solutions are developed to enhance productivity. Collaboration with clients is prioritized for tailored outcomes.
Axel Technologies offers Software Development, Mobile App Development, and Digital Marketing.
Axel Technologies has 2 investors. Key investors include Nexit Ventures, and Tesi.