Devtel Software

Founded: 2010 • Age: 16 yrs Acquired By ifm
Application development and AI consulting services are provided.
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About Devtel Software

Devtel Software is a company founded in 2010 was acquired by ifm in December 2022.. The company has 18 employees as of December 31, 2024. Devtel Software operates in a competitive market with competitors including Tredence, AlmavivA, Hedgehog lab, Hancom and AKQA, among others.

  • Employees 18 as on 31 Dec, 2024
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    18

    as on Dec 31, 2024

  • Acquired by
    ifm

    (Dec 01, 2022)

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Funding Insights of Devtel Software

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 Devtel Software

Devtel Software has secured backing from 1 investor. Prominent investors backing the company include ifm. 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
Developer of sensors and sensing network devices for industrial monitoring needs
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 Devtel Software

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 - Devtel Software

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

Devtel Software Comparisons

Employees
+
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Competitors of Devtel Software

Devtel Software 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, AlmavivA, Hedgehog lab, Hancom and AKQA, 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
AI consulting, supply chain, and customer analytics services are provided.
domain founded_year HQ Location
IT services suite solutions are provided globally by AlmavivA.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
domain founded_year HQ Location
Integrated digital marketing campaigns are developed and executed across channels.
domain founded_year HQ Location
Offshore enterprise application development and IT consulting services are provided.
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 Devtel Software

Frequently Asked Questions about Devtel Software

When was Devtel Software founded?

Devtel Software was founded in 2010.

How many employees does Devtel Software have?

As of Dec 31, 2024, the latest employee count at Devtel Software is 18.

What does Devtel Software do?

Devtel Software was founded in 2010 as a provider in the software industry. Application development services are offered alongside AI consulting to support client needs. Operations are managed through the domain devtelsoftware.com, focusing on technical solutions for various applications. Core activities center on software creation and advisory expertise in artificial intelligence, without specified geographic limitations.

Who are the top competitors of Devtel Software?

Devtel Software's top competitors include Tredence, Hedgehog lab and AlmavivA.

Who are Devtel Software's investors?

Devtel Software has 1 investor. Key investors include ifm.

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