About Encora
Encora is a company based in Scottsdale (United States) founded in 2000 by Venu Raghavan was acquired by Coforge in December 2025. Encora has raised $200 million across 1 funding round from investors including Coforge, Warburg Pincus and Advent International. The company has 255 employees. Encora has completed 4 acquisitions, including Avantica, Daitan Group and Encora. Encora operates in a competitive market with competitors including UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
- Headquarter Scottsdale, United States
- Employees 255
- Founders Venu Raghavan
- SectorsBusiness Services
- Website category Jobs and Career · Jobs and Employment
- Phone•••• ••••
- Website encora.com
- Social LinkedIn Facebook
- Acquired by Advent International (Dec 2021)
Associated legal entities of Encora
Encora is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Encora Softech India Private Limited CIN U72900PN2005PTC021071 | Active | 27 Jul 2005 | Pune, Maharashtra | ₹233 Cr | 738 | 3 | View details |
| Encora Innovation Labs India Private Limited CIN U72200KA2000PTC052615 | Active | 03 Mar 2000 | Bangalore, Karnataka | ₹947 Cr | 2,706 | 5 | View details |
| Encora Digital India Private Limited CIN U74140GJ2013PTC077283 | Active | 21 Oct 2013 | Ahmedabad, Gujarat | ₹115 Cr | 338 | 4 | View details |
Funding Insights of Encora
Encora has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $200 million completed in August 2019. 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 $200.0M
- Total Rounds 1
- Last Round Private Equity Round — $200.0M
- First Round $200.0M
(Aug 2019)
- Investors Count 1
All 1 funding rounds of Encora with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $200.0M | Private Equity Round | – | Warburg Pincus | – |
3 investors in total: 3 institutional.
Investors in Encora
Encora has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Coforge, Warburg Pincus and Advent International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Private equity firm focused on multiple sectors | – | adventinternational.com | Sao Paulo, Brazil | |
Provider of data & analytics, digital process automation, and other transformation services | 1992 | coforge.com | New Haven, United States |
Investor details for Encora
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Board of directors of Encora
The boards of the 3 registered companies of Encora currently have 5 directors; the longest-serving is Jaison Verghese, appointed in 2010. 41 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaison Verghese DIN 03262584 | Director | 03 Sep 2010 | 16 yrs 1 mo | Encora Innovation Labs India Private Limited, Encora Softech India Private Limited, Encora Digital India Private Limited |
| Anesh Onkardev Korla DIN 08543907 | Director | 28 Aug 2019 | 7 yrs 1 mo | Encora Innovation Labs India Private Limited |
| Philip Peter Pothan DIN 09477921 | Director | 15 Jul 2022 | 4 yrs 2 mo | Encora Innovation Labs India Private Limited, Encora Digital India Private Limited |
| Sunder Enjeti Shyam DIN 10862082 | Director | 04 Dec 2024 | 1 yr 10 mo | Encora Innovation Labs India Private Limited, Encora Softech India Private Limited, Encora Digital India Private Limited |
| Ashutosh Gupta DIN 11252637 | Director | 27 Aug 2025 | 1 yr 1 mo | Encora Innovation Labs India Private Limited, Encora Softech India Private Limited, Encora Digital India Private Limited |
People of Encora
16 people are tracked at Encora (12 in leadership, 4 in team); the tracked headcount is 255.
| Name | Role | Group |
|---|---|---|
Venu Raghavan | Founder | Leadership |
Anand Birje | CEO | Leadership |
Rohit Nichani | Chief Growth Officer & President | Leadership |
Kathleen Mccabe | Director, Marketing | Leadership |
Aditya Srivastava | President, South East Asia | Leadership |
Joshua Kanter | Chief Marketing Officer | Leadership |
Lalit Wadhwa | CTO | Leadership |
Alvaro Lang | President, Banking, Financial Services & Insurance | Leadership |
Melissa Ribeiro | Chief People Officer | Leadership |
Melissa Palau | Client Partner | Leadership |
| Chief Delivery Officer | Leadership | |
Paulo Martins | VP | Leadership |
Krish Anand | EVP & CIO | Team |
Asaf Kharal | EVP & General Counsel | Team |
Henrique Oliveira | EVP, Telecom & Media, & Automotive | Team |
Paige Piani | EVP, Healthcare & Life Sciences | Team |
Complete people profiles for Encora
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Financials of Encora
Figures of Encora Innovation Labs India Private Limited, the primary company behind Encora, for FY 2025. Revenue was ₹947 Cr (+14% year on year). Net profit was ₹91.89 Cr (10% margin). EBITDA was ₹155 Cr (16% margin). Revenue has grown at a compounded annual rate of +21% over three years and +25% over five years.
- ₹947 CrRevenue · FY 2025 · +14% YoY
- ₹91.89 CrNet profit · 10% margin
- ₹155 CrEBITDA · 16% margin
- ₹0.61 CrPaid-up capital
- 2,706Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Encora Innovation Labs India Private Limited are on its company page.
Detailed financial statements for Encora
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Investments & Acquisitions by Encora
Encora has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Avantica, Daitan Group and Encora.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Banking software suite is supplied to banks and lenders worldwide. | softelligence.net | London, United Kingdom | 2006 | May 2023 | •••• | |
Software development, cloud computing, and big data services are provided. | excellarate.com | Wayne, United States | 1999 | Jan 2023 | •••• | |
IT service suite solutions are provided by Daitan Group. | daitan.com | San Ramon, United States | 2004 | Jul 2021 | •••• | |
IT and digital marketing services are provided by Avantica. | avantica.net | Mountain View, United States | 1993 | Dec 2019 | •••• |
Complete acquisition details for Encora
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Timeline of Encora
8 dated milestones of Encora across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Encora is founded.
- Funding First funding round of $200.0M.
- Acquisition Acquires Avantica.
- Acquisition Acquires Daitan Group.
- Exit Acquired by Advent International.
- Acquisition Acquires Encora.
- Acquisition Acquires Encora.
- Exit Acquired by Coforge.
Competitors of Encora
Encora 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 UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| thoughtworks.com | 1993 | Chicago, United States | $748.0M | 10,500 | Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors | |
| soprasteria.com | 1968 | Paris, France | – | – | IT suite solutions and consulting services are provided worldwide. | |
| tds.fujitsu.com | 1935 | Tokyo, Japan | – | – | Data center and IT outsourcing services are provided internationally. | |
| einfochips.com | 1996 | Ahmedabad, India | – | 3,906 | Provider of product engineering, process automation, IT advisory, software development, and other services | |
| xebia.com | 2001 | Amsterdam, Netherlands | – | 28 | IT consulting and digital transformation services are provided globally. |
Detailed competitors of Encora
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Web traffic of Encora
The website of Encora (encora.com) receives about 127K visits a month and ranks #339,785 among all websites worldwide, #5,086 in Jobs and Employment.
- Monthly visits127K
▲ 11.2% vs previous month
- Unique visitors42.1K
per month
- Global rank#339,785
among all websites
- Category rank#5,086
Jobs and Career · Jobs and Employment
- Bounce rate46%
- Pages per visit2.4
- Average visit1 min 11 sec
- DevicesDesktop 57% · Mobile 43%
Websites whose visitors overlap most with Encora. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| naukri.com | 100% | 29M | #1,336 | View details | |
jobs.lever.co | jobs.lever.co | 98% | – | #4,880 | – |
glassdoor.co.in | glassdoor.co.in | 95% | – | #5,294 | – |
| apexon.com | 91% | 55.4K | #642,632 | View details | |
jobatus.mx | jobatus.mx | 91% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Encora
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- 40 similar websites
- Audience overlap
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Latest news on Encora
Complete news archive for Encora
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Encora
10 companies that operate in the same segment as Encora (Professional Consulting & Advisory), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Diversified insurance brokerage and risk management services are offered worldwide. | 1927 | Rolling Meadows, Illinois, United States | – | USD 13.94 B | 56,000 | |
Provider of end-to-end solutions encompassing talent acquisition, workspace design and management, business operations, and payroll services | 2008 | Bengaluru, Karnataka, India | USD 197.78 M | USD 81.57 M | 341 | |
Diversified financial services are provided across global markets. | 1690 | London, England, United Kingdom | – | USD 73.54 B | 91,300 | |
Talent acquisition and consulting services are provided globally. | 1969 | Los Angeles, California, United States | – | USD 2.94 B | 9,250 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | USD 2.64 M | USD 11.22 B | 35,800 | |
Network consulting services are provided via a professional connection platform. | 1998 | New York, New York, United States | USD 442.04 M | – | 1,477 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 19.8 M | USD 1.57 B | 24,590 | |
Global leaders in TMT management consulting. | 1985 | London, England, United Kingdom | USD 21.61 M | – | – |
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Frequently Asked Questions about Encora
Encora was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Encora is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Anand Birje is the current CEO of Encora.
Encora is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $200M, raised on Aug 2019.
Encora has 255 employees.
Encora was founded in 2000 and is headquartered in Scottsdale, United States. Management consulting services are delivered by the company across various industries, including strategy, operations, and technology advisory. Leadership roles are held by Founder Venu Raghavan and CEO Anand Birje. Operations are centered in the United States, with a focus on client-specific solutions in the consulting sector.
Encora's top competitors include Persistent, NTT DATA and Endava.
Encora has made 4 acquisitions, including Avantica, Daitan Group, and Encora.
Encora has 3 investors. Key investors include Coforge, Warburg Pincus, and Advent International.
Encora is associated with 3 legal entities: Encora Innovation Labs India Private Limited, Encora Softech India Private Limited, Encora Digital India Private Limited.
Yes. Encora was acquired by Advent International in December 2021.
The legal entities of Encora currently have 5 directors, including Jaison Verghese, Philip Peter Pothan, Anesh Onkardev Korla and others.