Cygnet Infotech

Ahmedabad, India Founded: 2000 • Age: 26 yrs
IT services, tax and finance solutions, and digital engineering.
Annual revenue $27.0M Latest available
Total funding - Funding intelligence
Employees 999 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Cygnet Infotech

Cygnet Infotech is a company based in Ahmedabad (India) founded in 2000. The company has 999 employees as of April 07, 2024. Cygnet Infotech has completed 2 acquisitions, including Glib and euVAT Online. Cygnet Infotech offers products and services including Cygnet Tax and Cygnet Finalyze.

  • Headquarter Ahmedabad, India
  • Employees 999 as on 07 Apr, 2024
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Social
    Locked
  • Legal Name Cygnet Infotech Private Limited
  • Date of Incorporation 22 Aug, 2000
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27 M (USD)
    24.77
    as on Mar 31, 2023
  • Net Profit
    $1.8 M (USD)
    -10.74
    as on Mar 31, 2023
  • EBITDA
    $3.36 M (USD)
    0.75
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    999

    as on Apr 07, 2024

  • Investments & Acquisitions
    Glib

    & 1 more

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Products & Services of Cygnet Infotech

Cygnet Infotech offers a comprehensive portfolio of products and services, including Cygnet Tax and Cygnet Finalyze.

Product name locked
Category locked
Primary

Tax compliance solutions are provided for GST, e-Invoicing, and direct tax management to support business operations.

Product name locked
Category locked
Locked

Finance management tools are offered to handle reconciliation and invoicing processes efficiently.

Funding Insights of Cygnet Infotech

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Detailed funding history for Cygnet Infotech

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Investments & Acquisitions by Cygnet Infotech

Cygnet Infotech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Glib and euVAT Online.

Investments
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Investment portfolio details for Cygnet Infotech

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based VAT management solutions are offered to businesses worldwide.
Locked Locked 2017 Locked
AI-powered solutions for document processing and data extraction are provided.
Locked Locked 2013 Locked
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Complete acquisition details for Cygnet Infotech

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Financial Statements - Cygnet Infotech

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Detailed financials for Cygnet Infotech

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Cygnet Infotech Comparisons

Cygnet Infotech Primary company
Description
IT services, tax and finance solutions, and digital engineer...
Location
Ahmedabad, India
Founded Year
2000
Annual Revenue
$27 M (USD)
Net Profit
$1.8 M (USD)
EBITDA
$3.36 M (USD)
Employees
999
As of 2024
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Peer comparison for Cygnet Infotech

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Competitors of Cygnet Infotech

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Detailed competitors of Cygnet Infotech

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Latest news on Cygnet Infotech

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Complete news archive for Cygnet Infotech

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Frequently Asked Questions about Cygnet Infotech

Cygnet Infotech was founded in 2000.

Cygnet Infotech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

As of Apr 07, 2024, the latest employee count at Cygnet Infotech is 999.

Annual revenue of Cygnet Infotech is $27M as on Mar 31, 2023.

Cygnet is identified as a provider of IT services, focusing on tax transformation, finance solutions, and digital engineering. Products like Cygnet Tax and Cygnet Finalyze are utilized for GST compliance and invoicing, while services in cloud migration and AI integration are offered to drive business efficiency. Partnerships with global enterprises are established to deliver innovative outcomes, as evidenced by testimonials on problem resolution. The company operates worldwide, emphasizing quality and trust through frameworks like COSMOS, which promote collaboration and innovation across industries.

Cygnet Infotech offers Cygnet Tax and Cygnet Finalyze.

Cygnet Infotech has made 2 acquisitions, including Glib, and euVAT Online.

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