About CBSI Global
CBSI Global is a Technology company based in Syracuse (United States) founded in 1998 by Raj Vattikuti, and was acquired by FirstMeridian in October 2020. A suite of IT services is provided to global clients. Its Indian entity Cbsi India Private Limited reported revenue of ₹93.38 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
CBSI was founded in 1998 by Raj Vattikuti in Syracuse, United States. IT services are delivered through operations centered in the technology sector. A range of solutions is offered via the domain cbsiglobal.com, supporting client needs in information technology. The company is based in the United States, with focus on essential IT functions for businesses. Services encompass various aspects of IT infrastructure and support.
- Headquarters Syracuse, United States
- Founders Raj Vattikuti
- Stage Acquired
- SectorsTechnology
- Website cbsiglobal.com
- Social LinkedIn
- Acquired by FirstMeridian (Oct 2020)
- Legal Name Cbsi India Private Limited
- Date of Incorporation 23 Dec, 2013
- Indian entity revenue₹93.38 Cr
FY 2023 · +30% YoY
- Indian entity net profit₹2.82 Cr
FY 2023
- Indian entity EBITDA₹4.98 Cr
FY 2023
- Investors
- Acquired byFirstMeridian
(Oct 2020)
Associated legal entities of CBSI Global
CBSI Global operates through Cbsi India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cbsi India Private Limited CIN U74900MH2013PTC371734 | Amalgamated | 23 Dec 2013 | Mumbai, Maharashtra | ₹93.4 Cr | 418 | 2 | View details |
Investors in CBSI Global
CBSI Global has secured backing from 1 investor. Prominent investors backing the company include FirstMeridian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of recruitment and managed services | 2018 | firstmeridian.com | Bengaluru, India |
Investor details for CBSI Global
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Board of directors of Cbsi India Private Limited (CBSI Global)
Cbsi India Private Limited is the primary company behind CBSI Global. The board of Cbsi India Private Limited currently have 2 directors; the longest-serving is Nilay Pratik, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilay Pratik DIN 07692750 | Director | 29 Sep 2020 | 6 yrs | Cbsi India Private Limited |
| Sudhakar Balakrishnan DIN 00062956 | Director | 29 Sep 2020 | 6 yrs | Cbsi India Private Limited |
People of CBSI Global
1 people are tracked at CBSI Global (1 in leadership).
| Name | Role | Group |
|---|---|---|
Raj Vattikuti | Founder | Leadership |
Complete people profiles for CBSI Global
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Financials of CBSI Global
Figures of Cbsi India Private Limited, the primary company behind CBSI Global, for FY 2023. Revenue was ₹93.38 Cr (+30% year on year). Net profit was ₹2.82 Cr. EBITDA was ₹4.98 Cr. Revenue has grown at a compounded annual rate of +13% over three years and +12% over five years.
- ₹93.38 CrRevenue · FY 2023 · +30% YoY
- ₹2.82 CrNet profit
- ₹4.98 CrEBITDA
- ₹50.8 LakhPaid-up capital
- 418Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cbsi India Private Limited are on its company page.
Detailed financial statements for CBSI Global
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Timeline of CBSI Global
2 dated milestones of CBSI Global across 22 years, from founding to its latest funding, stage changes and deals.
- Founded CBSI Global is founded.
- Exit Acquired by FirstMeridian.
Competitors of CBSI Global
CBSI Global has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of CBSI Global
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Web traffic of CBSI Global
Websites that share an audience with CBSI Global (cbsiglobal.com).
Websites whose visitors overlap most with CBSI Global. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
intersoftkk.com | intersoftkk.com | 100% | #4,834,584 | – | |
my.monsterindia.com | my.monsterindia.com | 98% | – | ||
bayt.com | bayt.com | 98% | #13,742 | – | |
jobsearch.naukri.com | jobsearch.naukri.com | 79% | #562,945 | – |
Top companies in IT Services & Operations
3 companies that operate in the same segment as CBSI Global (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Cbsi Global
Complete news archive for CBSI Global
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Frequently Asked Questions about CBSI Global
CBSI Global was founded in 1998.
CBSI Global is headquartered in Syracuse, United States. It is registered at Syracuse, New York, United States.
The primary company behind CBSI Global, Cbsi India Private Limited, reported revenue of ₹93.38 Cr for FY 2023, up 30% year on year.
CBSI was founded in 1998 by Raj Vattikuti in Syracuse, United States. IT services are delivered through operations centered in the technology sector. A range of solutions is offered via the domain cbsiglobal.com, supporting client needs in information technology. The company is based in the United States, with focus on essential IT functions for businesses. Services encompass various aspects of IT infrastructure and support.
CBSI Global has 1 investor. Key investors include FirstMeridian.
CBSI Global operates through Cbsi India Private Limited.
Yes. CBSI Global was acquired by FirstMeridian in October 2020.
The legal entities of CBSI Global currently have 2 directors, including Nilay Pratik, Sudhakar Balakrishnan.