About CIGS Tech Innovations
CIGS Tech Innovations is a company based in Chennai (India) founded in 2008. It operates as a FinTech and Professional Services. CIGS Tech Innovations has raised $2.61 million across 4 funding rounds from investors including Anjana Software Solutions and Mahesh Ramachandran. The company has 137 employees as of May 31, 2025. CIGS Tech Innovations offers products and services including Business Correspondence Management, Assisted eCommerce, and Trusted Donations.
- Headquarter Chennai, India
- Employees 137 as on 31 May, 2025
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cigs Tech Innovations
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Annual Revenue
$5.72 M (USD)7as on Mar 31, 2024
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Net Profit
$257.24 K (USD)343as on Mar 31, 2024
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EBITDA
$422.43 K (USD)110as on Mar 31, 2024
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Total Equity Funding
$2.61 M (USD)
in 4 rounds
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Latest Funding Round
$97.97 K (USD), Angel Round
Sep 30, 2022
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Investors
Anjana Software Solutions
& 1 more
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Employee Count
137
as on May 31, 2025
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Products & Services of CIGS Tech Innovations
CIGS Tech Innovations offers a comprehensive portfolio of products and services, including Business Correspondence Management, Assisted eCommerce, and Trusted Donations.
Solution for managing agent networks and banking services.
Facilitates online retail access in rural areas efficiently.
Platform connecting donors with verified NGOs transparently.
People of CIGS Tech Innovations
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Funding Insights of CIGS Tech Innovations
CIGS Tech Innovations has successfully raised a total of $2.61M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $97.97 thousand completed in September 2022. 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 CIGS Tech Innovations
CIGS Tech Innovations has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Anjana Software Solutions and Mahesh Ramachandran.
| Investor | Description | Founded Year | Domain | Location |
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Delivers comprehensive mobile app and software development services.
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Locked | Locked | Locked | |
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MR
Mahesh Ramachandran |
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Locked | Locked | Locked |
Investor details for CIGS Tech Innovations
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Investments & Acquisitions by CIGS Tech Innovations
Investment portfolio details for CIGS Tech Innovations
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Financial Statements - CIGS Tech Innovations
Detailed financials for CIGS Tech Innovations
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Cigs Tech Innovations Comparisons
Peer comparison for CIGS Tech Innovations
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Competitors of CIGS Tech Innovations
Detailed competitors of CIGS Tech Innovations
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Latest news on Cigs Tech Innovations
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Frequently Asked Questions about CIGS Tech Innovations
CIGS Tech Innovations was founded in 2008 and raised its 1st funding round 7 years after it was founded.
CIGS Tech Innovations is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Mahesh Ramachandran is the current CEO of CIGS Tech Innovations.
CIGS Tech Innovations is a funded company, having raised a total of $2.61M across 4 funding rounds to date.
As of May 31, 2025, the latest employee count at CIGS Tech Innovations is 137.
Annual revenue of CIGS Tech Innovations is $5.72M as on Mar 31, 2024.
FinTech solutions are developed and offered by CIGS Tech Innovations to enhance financial inclusion in India. A Phygital Approach is adopted, blending technology with human intervention to revolutionize banking and digital transactions. Services are extended across sectors like bill payments, assisted eCommerce, healthcare, insurance, and agriculture. Rural and semi-urban areas are targeted through Customer Service Points, ensuring accessibility to banking, government schemes, and online retail. Innovation in payment technology, such as tap-and-pay and UPI adoption, is pioneered to redefine modern finance landscapes.
CIGS Tech Innovations offers Business Correspondence Management, Assisted eCommerce, and Trusted Donations.
CIGS Tech Innovations has 2 investors. Key investors include Anjana Software Solutions, and Mahesh Ramachandran.
The valuation of CIGS Tech Innovations is $76.69M as of Sep 2022.