Elegant MicroWeb

Ahmedabad, India Founded: 1995 • Age: 31 yrs Minicorn
Software product development and application services are provided offshore.

About Elegant MicroWeb

Elegant MicroWeb is a Technology company based in Ahmedabad (India) founded in 1995 by Kartik Patel. Software product development and application services are provided offshore. The company has 31 employees. Elegant MicroWeb was last valued at $1.83 million in November 2010. Its chief executive, as recorded, is Kartik Patel. Elegant MicroWeb offers products and services including IT Staff Augmentation, Software Development, and Digital Transformation Services. Its focus areas include Business Services, IT Services, Application Development and Horizontal.

Company details

Founded in 1995 and based in Ahmedabad, India, Elegant MicroWeb operates in the software industry. Services encompass product development, application creation, re-engineering, user experience design, offshore solutions for products and applications, testing, mobile and smart watch app development, content management systems, eCommerce platforms, and security measures for software and applications. Operations focus on delivering these technical services to clients globally.

  • Headquarters Ahmedabad, India
  • Employees 31
  • Founders Kartik Patel
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website elegantmicroweb.com
  • Social LinkedIn X
Operational Areas
Key Metrics
  • Annual Revenue
    $1 M (USD)
    -17
    as on Mar 31, 2024
  • Net Profit
    $33.92 K (USD)
    11
    as on Mar 31, 2024
  • EBITDA
    $478.25 K (USD)
    -3
    as on Mar 31, 2024
  • Latest Funding Round
    $101.42K (USD), Unspecified

    Nov 2010

  • Employee Count
    31

Products & Services of Elegant MicroWeb

Elegant MicroWeb offers a comprehensive portfolio of products and services, including IT Staff Augmentation, Software Development, and Digital Transformation Services.

IT Staff Augmentation
Outsourcing

Provides skilled developers to support client projects

Software Development
Development Services

Delivers custom software and app solutions for businesses

Digital Transformation Services
Consulting

Offers AI and analytics tools for business enhancement

Funding Insights of Elegant MicroWeb

  • Total Rounds 2
  • Last Round Unspecified β€” $101,420
  • First Round $213,049

    (Dec 2009)

  • Investors Count 1

All 2 funding rounds of Elegant MicroWeb with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2010$101,420Unspecified$1.83MCometstream
–
Dec 2009$213,049Unspecified$2.04MCometstream
–
Valuation history
DateValuationStage
Nov 2010$1.83Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2009$2.04Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.83M (Nov 2010). 1 investors in total: 1 institutional.

Investors in Elegant MicroWeb

Elegant MicroWeb has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cometstream.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
cometstream.tcc.mode
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Investor details for Elegant MicroWeb

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Board of directors of Elegant MicroWeb

The boards of the 2 registered companies of Elegant MicroWeb currently have 2 directors; the longest-serving is Kartik Vasudevbhai Patel, appointed in 1996. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kartik Vasudevbhai Patel
DIN 00005699
Director21 Aug 199630 yrs 2 moElegant Microweb Systems Private Limited, Elegant Microweb Technologies Private Limited
Vinodaben Vasudevbhai Patel
DIN 00008491
Director01 Oct 199729 yrsElegant Microweb Systems Private Limited, Elegant Microweb Technologies Private Limited

People of Elegant MicroWeb

1 people are tracked at Elegant MicroWeb (1 in leadership); the tracked headcount is 31.

NameRoleGroup
Founder & CEOLeadership
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Financials of Elegant MicroWeb

Figures of Elegant Microweb Systems Private Limited, the primary company behind Elegant MicroWeb, for FY 2024. Revenue was ₹14,900. Net loss was -₹12.3 Lakh (-8260% margin). EBITDA was -₹12.3 Lakh (-8260% margin).

  • ₹14,900Revenue · FY 2024
  • -₹12.3 LakhNet loss · -8260% margin
  • -₹12.3 LakhEBITDA · -8260% margin
  • ₹6 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Elegant Microweb Systems Private Limited are on its company page.

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Detailed financial statements for Elegant MicroWeb

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Timeline of Elegant MicroWeb

4 dated milestones of Elegant MicroWeb across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elegant MicroWeb is founded.
  2. Funding First funding round of $213K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Unspecified, of $101K.

Web traffic of Elegant MicroWeb

The website of Elegant MicroWeb (elegantmicroweb.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 47.1% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Elegant Microweb

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Frequently Asked Questions about Elegant MicroWeb

Elegant MicroWeb was founded in 1995 and raised its 1st funding round 14 years after it was founded.

Elegant MicroWeb is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Kartik Patel is the CEO of Elegant MicroWeb, as recorded in our data. They have also founded this company.

Elegant MicroWeb has 31 employees.

Annual revenue of Elegant MicroWeb is $1M as on Mar 31, 2024.

Founded in 1995 and based in Ahmedabad, India, Elegant MicroWeb operates in the software industry. Services encompass product development, application creation, re-engineering, user experience design, offshore solutions for products and applications, testing, mobile and smart watch app development, content management systems, eCommerce platforms, and security measures for software and applications. Operations focus on delivering these technical services to clients globally.

Elegant MicroWeb offers IT Staff Augmentation, Software Development, and Digital Transformation Services.

Elegant MicroWeb has 1 investor. Key investors include Cometstream.

The valuation of Elegant MicroWeb is $1.83M as of Nov 2010.

Elegant MicroWeb is associated with 2 legal entities: Elegant Microweb Systems Private Limited, Elegant Microweb Technologies Private Limited.

The legal entities of Elegant MicroWeb currently have 2 directors, including Kartik Vasudevbhai Patel, Vinodaben Vasudevbhai Patel.

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