About Binary Semantics
Binary Semantics is a company based in Gurugram (India) founded in 1986 by Akhil Choudhary and Srijan Choudhary. It operates as a SaaS, and B2B. Binary Semantics offers products and services including VISoF, Fleetrobo, GSTrobo, IDP, and iChatrobo. Binary Semantics operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Sierra Atlantic, among others.
- Headquarter Gurugram, India
- Founders Akhil Choudhary, Srijan Choudhary
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Sectors
TechnologyFinancial Services
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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 Binary Semantics Limited
- Date of Incorporation 06 Feb, 1986
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$8.08 M (USD)37.34as on Mar 31, 2023
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Net Profit
$808.67 K (USD)197.1as on Mar 31, 2023
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EBITDA
$661.72 K (USD)95.41as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Binary Semantics
Binary Semantics offers a comprehensive portfolio of products and services, including VISoF, Fleetrobo, GSTrobo, IDP, and iChatrobo. 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.
End-to-end system for insurance management and distribution processes.
IoT solution for optimizing fleet operations and reducing costs.
Automated tools for GST returns, e-invoicing, and reconciliations.
Gen AI tool for unlocking and processing document data efficiently.
Chatbot for smarter assistance and faster customer interactions.
Funding Insights of Binary Semantics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Binary Semantics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Binary Semantics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Binary Semantics Comparisons
Competitors of Binary Semantics
Binary Semantics 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, Hancom, AKQA and Sierra Atlantic, 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 |
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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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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Offshore enterprise application development and IT consulting services are provided.
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Mobile apps and IoT solutions are developed across platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Binary Semantics
Frequently Asked Questions about Binary Semantics
When was Binary Semantics founded?
Binary Semantics was founded in 1986.
Where is Binary Semantics located?
Binary Semantics is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
What is the annual revenue of Binary Semantics?
Annual revenue of Binary Semantics is $8.08M as on Mar 31, 2023.
What does Binary Semantics do?
Binary Semantics Ltd. is a technology firm based in India, specializing in XaaS models for various sectors. It develops products like VISoF for end-to-end insurance management, Fleetrobo for IoT-enabled fleet operations, and GSTrobo for automated tax solutions. The company uses AI, data analytics, and cloud services to optimize business processes. Serving industries such as BFSI, retail, and manufacturing, it operates from offices in Gurugram and other locations, focusing on digital transformation and efficiency.
Who are the top competitors of Binary Semantics?
Binary Semantics's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Binary Semantics offer?
Binary Semantics offers VISoF, Fleetrobo, GSTrobo, IDP, and iChatrobo.