About Common Services Centres
Common Services Centres is a company based in Delhi (India) founded in 2009. It operates as a Managed Services. Common Services Centres has raised $4.88 million across 1 funding round from investors including Axis Bank. The company has 1,849 employees as of April 09, 2024. Common Services Centres has completed 1 acquisition, including iSoft PLC. Common Services Centres offers products and services including Government-to-Citizen Services.
- Headquarter Delhi, India
- Employees 1849 as on 09 Apr, 2024
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Sectors
Government & Social Sector
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Email
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Phone
*********
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Website
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Social
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- Legal Name Csc E-Governance Services India Limited
- Date of Incorporation 16 Jul, 2009
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$175.06 M (USD)-20.29as on Mar 31, 2023
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Net Profit
$14.27 M (USD)-23.69as on Mar 31, 2023
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EBITDA
$19.49 M (USD)-30.77as on Mar 31, 2023
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Total Equity Funding
$4.88 M (USD)
in 1 rounds
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Latest Funding Round
$4.88 M (USD), Series A
Nov 05, 2020
- Investors
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Employee Count
1849
as on Apr 09, 2024
- Investments & Acquisitions
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Products & Services of Common Services Centres
Common Services Centres offers a comprehensive portfolio of products and services, including Government-to-Citizen Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services are provided for government-citizen interaction digitally.
Funding Insights of Common Services Centres
Common Services Centres has successfully raised a total of $4.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.88 million completed in November 2020. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.9M
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First Round
First Round
(05 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - Common Services Centres | Valuation | Axis Bank |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Common Services Centres
Common Services Centres has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axis Bank. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of a commercial banking services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Common Services Centres
Common Services Centres has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include iSoft PLC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Radiology information systems are provided for imaging workflows.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Common Services Centres
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Common Services Centres Comparisons
Competitors of Common Services Centres
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Common Services Centres
Frequently Asked Questions about Common Services Centres
When was Common Services Centres founded?
Common Services Centres was founded in 2009 and raised its 1st funding round 11 years after it was founded.
Where is Common Services Centres located?
Common Services Centres is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Common Services Centres?
Sanjay Rakesh is the current CEO of Common Services Centres.
Is Common Services Centres a funded company?
Common Services Centres is a funded company, having raised a total of $4.88M across 1 funding round to date. The company's 1st funding round was a Series A of $4.88M, raised on Nov 05, 2020.
How many employees does Common Services Centres have?
As of Apr 09, 2024, the latest employee count at Common Services Centres is 1,849.
What is the annual revenue of Common Services Centres?
Annual revenue of Common Services Centres is $175.06M as on Mar 31, 2023.
What does Common Services Centres do?
Common Services Centres are set up as part of the National e-Governance Plan to provide Government-to-Citizen (G2C) services across rural and urban India. Services are delivered through a network of over 5 lakh centres, ensuring accessibility and transparency. Focus is placed on reducing citizens efforts by minimizing visits to government offices. The initiative is supported by the Ministry of Electronics Information Technology, targeting comprehensive coverage of census villages.
What products or services does Common Services Centres offer?
Common Services Centres offers Government-to-Citizen Services.
How many acquisitions has Common Services Centres made?
Common Services Centres has made 1 acquisition, including iSoft PLC.
Who are Common Services Centres's investors?
Common Services Centres has 1 investor. Key investors include Axis Bank.