About Eternus Solutions
Eternus Solutions is a company based in Pune (India) founded in 2010 by Jitendra Tanna was acquired by InfoBeans in October 2021. Eternus Solutions has raised $176.12 thousand across 1 funding round from investors including InfoBeans, Navinchandra Lakhani and Shital Pandit. Eternus Solutions operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Founders Jitendra Tanna
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Infobeans Cloudtech Limited
- Date of Incorporation 14 Oct, 2010
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$5.55 M (USD)37.68as on Mar 31, 2021
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Net Profit
$1.18 M (USD)329.25as on Mar 31, 2021
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EBITDA
$1.68 M (USD)206.17as on Mar 31, 2021
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Total Equity Funding
$176.12 K (USD)
in 1 rounds
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Latest Funding Round
$176.12 K (USD), Seed
Aug 13, 2011
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Investors
InfoBeans
& 7 more
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Employee Count
Employee Count
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Acquired by
InfoBeans
(Oct 28, 2021)
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People of Eternus Solutions
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Funding Insights of Eternus Solutions
Eternus Solutions has successfully raised a total of $176.12K through 1 strategic funding round. The most recent funding activity was a Seed round of $176.12 thousand completed in August 2011. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $176,121
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First Round
First Round
(13 Aug 2011)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2011 | Amount | Seed - Eternus Solutions | Valuation | Priyanka Malhotra |
Investors in Eternus Solutions
Eternus Solutions has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include InfoBeans, Navinchandra Lakhani and Shital Pandit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Software solutions are developed for global enterprises across verticals.
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Founded Year | Domain | Location | |
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NL
Navinchandra Lakhani |
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Founded Year | Domain | Location |
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SP
Shital Pandit |
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Founded Year | Domain | Location |
Investments & Acquisitions by Eternus Solutions
Financial Statements - Eternus Solutions
Eternus Solutions Comparisons
Competitors of Eternus Solutions
Eternus Solutions 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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Latest news on Eternus Solutions
Frequently Asked Questions about Eternus Solutions
Eternus Solutions was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Eternus Solutions is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Jitendra Tanna is the current CEO of Eternus Solutions. They have also founded this company.
Eternus Solutions is a funded company, having raised a total of $176.12K across 1 funding round to date. The company's 1st funding round was a Seed of $176.12K, raised on Aug 13, 2011.
Annual revenue of Eternus Solutions is $5.55M as on Mar 31, 2021.
Eternus Solutions was founded in 2010 and is headquartered in Pune, India. IT services are provided by the company, focusing on application development, consulting, and data analytics. Operations are centered in the technology sector, with support for various business needs through customized solutions. The firm is led by its founder and CEO, Jitendra Tanna.
Eternus Solutions's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Eternus Solutions has 8 investors. Key investors include InfoBeans, Navinchandra Lakhani, Shital Pandit, Priyanka Malhotra, and Harbinder Saini.
The valuation of Eternus Solutions is $1.78M as of Aug 2011.