Elegant MicroWeb

Ahmedabad, India Founded: 1995 • Age: 31 yrs
Software product development and application services are provided offshore.
Annual revenue $1.0M Latest available
Total funding $314,469 2 rounds
Employees 31 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Elegant MicroWeb

Elegant MicroWeb is a company based in Ahmedabad (India) founded in 1995 by Kartik Patel. Elegant MicroWeb has raised $314.47 thousand across 2 funding rounds from investors including Cometstream. The company has 31 employees as of August 31, 2024. Elegant MicroWeb offers products and services including IT Staff Augmentation, Software Development, and Digital Transformation Services. Elegant MicroWeb operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Sierra Atlantic, among others.

  • Headquarter Ahmedabad, India
  • Employees 31 as on 31 Aug, 2024
  • Founders Kartik Patel
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
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
  • Total Equity Funding
    $314.47 K (USD)

    in 2 rounds

  • Latest Funding Round
    $101.42 K (USD), Unspecified

    Nov 02, 2010

  • Investors
  • Employee Count
    31

    as on Aug 31, 2024

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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.

Product name locked
Category locked
Primary

Provides skilled developers to support client projects

Product name locked
Category locked
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Delivers custom software and app solutions for businesses

Product name locked
Category locked
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Offers AI and analytics tools for business enhancement

Funding Insights of Elegant MicroWeb

Elegant MicroWeb has successfully raised a total of $314.47K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $101.42 thousand completed in November 2010. 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.

Investors in Elegant MicroWeb

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

All
Institutional
Investor Description Founded Year Domain Location
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Investments & Acquisitions by Elegant MicroWeb

Investments
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Investment portfolio details for Elegant MicroWeb

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Financial Statements - Elegant MicroWeb

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Elegant Microweb Comparisons

Elegant MicroWeb Primary company
Description
Software product development and application services are pr...
Location
Ahmedabad, India
Founded Year
1995
Annual Revenue
$1 M (USD)
Net Profit
$33.92 K (USD)
EBITDA
$478.25 K (USD)
Employees
31
As of 2024
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Peer comparison for Elegant MicroWeb

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Competitors of Elegant MicroWeb

Elegant MicroWeb 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Sierra Atlantic, among others.

Company Name Domain Founded year HQ Location Description
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Offshore enterprise application development and IT consulting services are provided.
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Mobile apps and IoT solutions are developed across platforms.
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Detailed competitors of Elegant MicroWeb

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Latest news on Elegant Microweb

Smarten Support Portal Updates – July – 2024
Elegantmicroweb1 year ago
Smarten Support Portal Updates – June – 2024
Elegantmicroweb2 years ago
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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 current CEO of Elegant MicroWeb. They have also founded this company.

Elegant MicroWeb is a funded company, having raised a total of $314.47K across 2 funding rounds to date.

As of Aug 31, 2024, the latest employee count at Elegant MicroWeb is 31.

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's top competitors include Hedgehog lab, AlmavivA and AKQA.

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.

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