City Connect

Varazdin, Croatia Founded: 2019 • Age: 7 yrs Acquired By Transcom
BPO services are provided from Varazdin, Croatia, since 2019.
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About City Connect

City Connect is a company based in Varazdin (Croatia) founded in 2019 was acquired by Transcom in July 2021.. City Connect operates in a competitive market with competitors including Genpact, Datamatics, Quess, Sutherland and TaskUs, among others.

  • Headquarter Varazdin, Croatia
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name City Connect D.O.O.
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Key Metrics
  • Annual Revenue
    $52.91 M (USD)
    785
    as on Dec 31, 2020
  • Net Profit
    $5.33 M (USD)
    1321
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Transcom

    (Jul 29, 2021)

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Funding Insights of City Connect

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in City Connect

City Connect has secured backing from 1 investor. Prominent investors backing the company include Transcom. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Transcom is engaged in providing customer experience solutions globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by City Connect

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - City Connect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

City Connect Comparisons

Employees
+
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Competitors of City Connect

City Connect 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 Genpact, Datamatics, Quess, Sutherland and TaskUs, 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
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
domain founded_year HQ Location
Cloud-based text analytics and cognitive automation services are provided.
domain founded_year HQ Location
Provider of outsourcing and business services
domain founded_year HQ Location
Business process and technology management services are provided globally.
domain founded_year HQ Location
Provider of customer care and back office support services for multiple sectors
domain founded_year HQ Location
Electricity generation and distribution are provided in eastern India.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on City Connect

Frequently Asked Questions about City Connect

When was City Connect founded?

City Connect was founded in 2019.

Where is City Connect located?

City Connect is headquartered in Varazdin, Croatia. It is registered at Varazdin, Varazdin County, Croatia.

Who is the current CEO of City Connect?

Ivica Madura is the current CEO of City Connect.

What is the annual revenue of City Connect?

Annual revenue of City Connect is $52.91M as on Dec 31, 2020.

What does City Connect do?

City Connect was established in 2019 in Varazdin, Croatia, as a provider of business process outsourcing (BPO) services. Operations are centered on outsourcing solutions for various business functions, including customer support and administrative tasks. The company serves clients primarily in the European market, with leadership under CEO Ivica Madura. Focus remains on efficient, location-based service delivery in the outsourcing sector.

Who are the top competitors of City Connect?

City Connect's top competitors include Quess, Datamatics and TaskUs.

Who are City Connect's investors?

City Connect has 1 investor. Key investors include Transcom.

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