About Cigniti
Cigniti is a publicly listed company based in Irving (United States) founded in 1998, and was acquired by Coforge in May 2024. Independent software testing services are provided with proprietary tools. The company has 3,500 employees. Cigniti has completed 2 acquisitions, including Gallop and RoundSqr. Its Indian entity Cigniti Technologies Limited reported revenue of ₹710 Cr. Cigniti offers products and services including Digital Assurance, Quality Engineering, and Cloud Migration Assurance. Its focus areas include Business Services, IT Services, Application Development and Software Testing. Its competitors include Tredence and Nara Logics; 2 of its 2 listed competitors have raised funding.
Company details
Cigniti was founded in 1998 and is headquartered in Irving, United States, operating in the software testing sector. Services are delivered through a combination of onsite consulting and offshore models, primarily to clients in the US and India. Capabilities have been developed in test automation, performance testing, mobile application testing, and compatibility testing, utilizing both open-source and vendor tools to support quality assurance processes.
- Indian entity revenue₹710 Cr
FY 2023 · +32% YoY
- Indian entity net profit₹168 Cr
FY 2023 · 10% margin
- Indian entity EBITDA₹238 Cr
FY 2023 · 14% margin
- Investors
- Employee Count3,500
- Investments & AcquisitionsGallop
& 1 more
- Acquired by
Associated legal entities of Cigniti
Cigniti operates through Cigniti Technologies Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cigniti Technologies Limited Listed CIN L72200HR1998PLC129027 | Active | 03 Sep 1998 | Gurgaon, Haryana | ₹710 Cr | 3,217 | 8 | View details |
Products & Services of Cigniti
Cigniti offers a comprehensive portfolio of products and services, including Digital Assurance, Quality Engineering, and Cloud Migration Assurance.
Ensures quality in digital transformations and software applications.
Provides testing and automation for software performance and security.
Assures seamless migration and operation in cloud environments.
Apps and channels of Cigniti
its YouTube channel Cigniti Technologies has 1.19K subscribers and 30 videos.
Videos from Cigniti
The most watched videos on Cigniti's YouTube channel, Cigniti Technologies (1.19K subscribers). Click a video to play it here.
More on Cigniti Technologies.
Funding Insights of Cigniti
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cigniti with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Cigniti
Cigniti has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ICICI Prudential Asset Management Company and Coforge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate funds are managed through multiple investment strategies. | 1993 | icicipruamc.com | Mumbai, India | |
Provider of data & analytics, digital process automation, and other transformation services | 1992 | coforge.com | New Haven, United States |
Investor details for Cigniti
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Board of directors of Cigniti Technologies Limited (Cigniti)
Cigniti Technologies Limited is the primary company behind Cigniti. The board of Cigniti Technologies Limited currently have 6 directors; the longest-serving is Mohua Sengupta, appointed in 2024. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohua Sengupta DIN 09092519 | Director | 06 Jul 2024 | 2 yrs 4 mo | Cigniti Technologies Limited |
| Sudhir Singh DIN 07080613 | Director | 06 Jul 2024 | 2 yrs 4 mo | Cigniti Technologies Limited |
| Pankaj Khanna DIN 09157176 | Director | 06 Jul 2024 | 2 yrs 4 mo | Cigniti Technologies Limited |
| Durgesh Kumar Singh DIN 10485073 | Director | 06 Jul 2024 | 2 yrs 4 mo | Cigniti Technologies Limited |
| Manish Kumar Sarraf DIN 06415662 | Director | 06 Jul 2024 | 2 yrs 4 mo | Cigniti Technologies Limited |
| Saurabh Goel DIN 08589223 | Director | 01 Oct 2024 | 2 yrs 1 mo | Cigniti Technologies Limited |
People of Cigniti
419 people are tracked at Cigniti (169 in leadership, 4 in board & advisors, 246 in team); the tracked headcount is 3,500.
| Name | Role | Group |
|---|---|---|
Antony Roy | Vice President IT | Leadership |
Avishek Mohanty | VP - Global Delivery Head | Leadership |
Pankaj Parashar | Senior Vice President | Leadership |
Rob Rutter | Avp, Global Partner Development Manager, AWS Strategic Alliance | Leadership |
Siju Thampi | Senior Vice President & Head - Resource Management | Leadership |
Edward Zatorski | Director Of Real Estate, Facilities And Admin | Leadership |
Paramjeet Kaur | Associate Vice President | Leadership |
Manjari Misra | Global HR Leader And CSR Head | Leadership |
Ashutosh Jha | Senior Vice President & Global Sales Head For Healthcare & Life Sciences | Leadership |
Divye Nanda | Director - Human Resources | Leadership |
Sunil Fernandes | Chief Delivery Officer | Leadership |
Aditya Basu | VP & Function Head - Chief Of Staff | Leadership |
Munir Faquih | Vice President - Client Partner, Energy & Utilities | Leadership |
Balvinder Singh | Divisional Head (p2p & R2r) | Leadership |
Santosh Parida | Program Head/ Delivery Manager | Leadership |
Ranjith Kumar Raman | Senior Program Director | Leadership |
Shantanu Shekhar | Vice President | Leadership |
Shan Psp | Head Strategic Growth Unit, Cloud Business & AI Infrastructure | Leadership |
Sivan Natraj | Associate Vice President Human Resources | Leadership |
Robert Abbey | VP Healthcare Delivery | Leadership |
399 more people are available in the full profile.
Complete people profiles for Cigniti
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Cigniti
Cigniti is a publicly listed company on the NSE with ticker symbol CIGNITITEC in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date13 Oct 2014
- Listed onNSE: CIGNITITEC
- Listed entityCigniti Technologies Limited
- Exchange sectorTechnology services
- ISININE675C01017
- Share price₹1,363.90 (+0.29% on the day) · 2026-05-11
- Market capitalisation₹3,746 Cr
- Price to earnings12.4
- EPS (diluted, trailing year)₹109.99
- Volume (last session)95,360
- Analyst consensusNo rating
Financials of Cigniti
Figures of Cigniti Technologies Limited, the primary company behind Cigniti, for FY 2023. Revenue was ₹710 Cr (+32% year on year). Net profit was ₹168 Cr (10% margin). EBITDA was ₹238 Cr (14% margin). Revenue has grown at a compounded annual rate of +23% over three years and +19% over five years.
- ₹710 CrRevenue · FY 2023 · +32% YoY
- ₹168 CrNet profit · 10% margin
- ₹238 CrEBITDA · 14% margin
- ₹27.55 CrPaid-up capital
- 3,217Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | ₹2,014 Cr | ₹200 Cr | ₹291 Cr |
| 2023 | ₹1,815 Cr | ₹166 Cr | ₹223 Cr |
| 2022 | ₹1,648 Cr | ₹168 Cr | ₹242 Cr |
| 2021 | ₹1,242 Cr | ₹91.7 Cr | ₹129 Cr |
| 2020 | ₹897 Cr | ₹105 Cr | ₹146 Cr |
Balance sheet, profit and loss, cash flow and ratios of Cigniti Technologies Limited are on its company page.
Detailed financial statements for Cigniti
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Cigniti
Cigniti has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gallop and RoundSqr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Digital services in AI, ML, analytics, and blockchain are provided. | roundsqr.com | Hyderabad, India | 2018 | May 2022 | $4.8M | |
Testing services in ALM, quality, and automation are specialized in. | gallop.net | Irving, United States | 2004 | May 2013 | •••• |
Complete acquisition details for Cigniti
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Timeline of Cigniti
Competitors of Cigniti
Cigniti has 2 listed competitors in our database, 2 of them funded. They include Tredence and Nara Logics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tredence.com | 2013 | San Jose, United States | $205M | AI consulting, supply chain, and customer analytics services are provided. | ||
| naralogics.com | 2011 | Boston, United States | $18.47M | 16 | AI and natural language processing services are provided. |
Detailed competitors of Cigniti
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Web traffic of Cigniti
The website of Cigniti (cigniti.com) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 28.3% vs previous month
Websites whose visitors overlap most with Cigniti. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| qualitestgroup.com | 100% | 106.1K | #381,184 | View details | |
qasource.com | qasource.com | 98% | #1,289,440 | – | |
| testingxperts.com | 98% | #1,450,262 | View details | ||
| validata-software.com | 94% | 1.6K | #10,393,318 | View details | |
| raygun.com | 92% | 106.5K | #366,756 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Cigniti
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Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Cigniti (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Cigniti
Complete news archive for Cigniti
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Frequently Asked Questions about Cigniti
Cigniti was founded in 1998 and raised its 1st funding round 26 years after it was founded.
Cigniti is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Cigniti has 3,500 employees.
The primary company behind Cigniti, Cigniti Technologies Limited, reported revenue of ₹710 Cr for FY 2023, up 32% year on year.
Cigniti was founded in 1998 and is headquartered in Irving, United States, operating in the software testing sector. Services are delivered through a combination of onsite consulting and offshore models, primarily to clients in the US and India. Capabilities have been developed in test automation, performance testing, mobile application testing, and compatibility testing, utilizing both open-source and vendor tools to support quality assurance processes.
Cigniti's top competitors include Tredence and Nara Logics.
Cigniti offers Digital Assurance, Quality Engineering, and Cloud Migration Assurance.
Yes, Cigniti is publicly traded on NSE under the ticker symbol CIGNITITEC.
Cigniti has 2 investors. Key investors include ICICI Prudential Asset Management Company, and Coforge.
Cigniti operates through Cigniti Technologies Limited.
Yes. Cigniti was acquired by Coforge in May 2024.