Cigniti

Irving, United States Founded: 1998 • Age: 28 yrs Acquired By Coforge
Independent software testing services are provided with proprietary tools.
Annual revenue $235.3M Latest available
Total funding - 1 rounds
Employees 3500 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Cigniti

Cigniti is a company based in Irving (United States) founded in 1998 was acquired by Coforge in May 2024. The company has 3,500 employees as of March 31, 2024. Cigniti has completed 2 acquisitions, including Gallop and RoundSqr. Cigniti offers products and services including Digital Assurance, Quality Engineering, and Cloud Migration Assurance. Cigniti operates in a competitive market with competitors including Tredence, QualiTest, Cambridge Consultants, SQS and Nara Logics, among others.

  • Headquarter Irving, United States
  • Employees 3500 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cigniti Technologies Limited
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $235.28 M (USD)
    10.98
    as on Mar 31, 2024
  • Net Profit
    $23.36 M (USD)
    20.88
    as on Mar 31, 2024
  • EBITDA
    $34 M (USD)
    30.29
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    3500

    as on Mar 31, 2024

  • Investments & Acquisitions
    Gallop

    & 1 more

  • Acquired by
    Coforge

    & 1 more

    (May 02, 2024)

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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.

Exchange: NSE · Ticker: CIGNITITEC · Sector: Technology services · India

Products & Services of Cigniti

Cigniti offers a comprehensive portfolio of products and services, including Digital Assurance, Quality Engineering, and Cloud Migration Assurance.

Product name locked
Category locked
Primary

Ensures quality in digital transformations and software applications.

Product name locked
Category locked
Locked

Provides testing and automation for software performance and security.

Product name locked
Category locked
Locked

Assures seamless migration and operation in cloud environments.

People of Cigniti

Headcount 1000-5000
Employee Profiles 416
Board Members and Advisors 4
Employee Profiles
People
Antony Roy
Vice President IT
People
Ahmed Khot
Lead - HR Analytics
People
Vishal Rajoria
Technical Architect | Pega Lead (clsa)
People
Ashwini Kumar
Technical Architect

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Board Members and Advisors
people
Prakash Bhatt
Chairman
people
DK Singh
Non-Executive Independent Director
people
Anil Chanana
Non-Executive Independent Director
people
Beth Boucher
Non-executive Independent Director| Chair Nominating And Governance Committee

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Funding Insights of Cigniti

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.

All
Institutional
Investor Description Founded Year Domain Location
Real estate funds are managed through multiple investment strategies.
Locked Locked Locked
Provider of data & analytics, digital process automation, and other transformation services
Locked Locked Locked
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Investor details for Cigniti

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  • Investor locations
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  • Participation history

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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.

Investments
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Investment portfolio details for Cigniti

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital services in AI, ML, analytics, and blockchain are provided.
Locked Locked 2018 Locked
Testing services in ALM, quality, and automation are specialized in.
Locked Locked 2004 Locked
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Complete acquisition details for Cigniti

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Financial Statements - Cigniti

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Detailed financials for Cigniti

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Cigniti Comparisons

Cigniti Primary company
Description
Independent software testing services are provided with prop...
Location
Irving, United States
Founded Year
1998
Annual Revenue
$235.28 M (USD)
Net Profit
$23.36 M (USD)
EBITDA
$34 M (USD)
Employees
3,500
As of 2024
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Peer comparison for Cigniti

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Competitors of Cigniti

Cigniti 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 Tredence, QualiTest, Cambridge Consultants, SQS and Nara Logics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI consulting, supply chain, and customer analytics services are provided.
Locked Locked Locked
Software testing services are provided across multiple industries.
Locked Locked Locked
Deep tech innovation and product development services are provided.
Locked Locked Locked
Software testing services are provided across various industries by SQS.
Locked Locked Locked
AI and natural language processing services are provided.
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Detailed competitors of Cigniti

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  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Cigniti

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Complete news archive for Cigniti

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  • Source and publication date
  • Older coverage
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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.

As of Mar 31, 2024, the latest employee count at Cigniti is 3,500.

Annual revenue of Cigniti is $235.28M as on Mar 31, 2024.

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, QualiTest 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 made 2 acquisitions, including Gallop, and RoundSqr.

Cigniti has 2 investors. Key investors include ICICI Prudential Asset Management Company, and Coforge.

The ticker symbol of Cigniti is CIGNITITEC on NSE.

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