Finlite Technologies

Ahmedabad, India Founded: 2015 • Age: 11 yrs Acquired By IndiaMART
Application development services are provided by Finlite Technologies since 2015.
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About Finlite Technologies

Finlite Technologies is a company based in Ahmedabad (India) founded in 2015 was acquired by IndiaMART in March 2022.. The company has 30 employees as of March 31, 2024. Finlite Technologies operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.

  • Headquarter Ahmedabad, India
  • Employees 30 as on 31 Mar, 2024
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Legal Name Finlite Technologies Private Limited
  • Date of Incorporation 28 Jan, 2015
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $212.93 K (USD)
    -46.19
    as on Mar 31, 2023
  • Net Profit
    $-384.1 K (USD)
    -1152.43
    as on Mar 31, 2023
  • EBITDA
    $-560.49 K (USD)
    -614.49
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    30

    as on Mar 31, 2024

  • Acquired by
    IndiaMART

    (Mar 25, 2022)

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Funding Insights of Finlite Technologies

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 Finlite Technologies

Finlite Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IndiaMART. 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
Institutional
Investor Description Founded Year Domain Location
Online B2B marketplace connecting buyers and suppliers of diverse industrial products
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 Finlite Technologies

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 - Finlite Technologies

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

Finlite Technologies Comparisons

Employees
+
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Competitors of Finlite Technologies

Finlite Technologies 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 Waracle, 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
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
Mobile apps and IoT solutions are developed across platforms.
domain founded_year HQ Location
IT services for application modernization and development are offered.
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 Finlite Technologies

Frequently Asked Questions about Finlite Technologies

When was Finlite Technologies founded?

Finlite Technologies was founded in 2015.

Where is Finlite Technologies located?

Finlite Technologies is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

How many employees does Finlite Technologies have?

As of Mar 31, 2024, the latest employee count at Finlite Technologies is 30.

What is the annual revenue of Finlite Technologies?

Annual revenue of Finlite Technologies is $212.93K as on Mar 31, 2023.

What does Finlite Technologies do?

Finlite Technologies was founded in 2015 and is based in Ahmedabad, India. Application development services are offered within the technology sector, with operations centered on software solutions for clients. The companys domain, finlitetech.com, supports its digital presence. Focus is placed on custom development projects, serving needs in various industries from the Indian location. Activities remain grounded in practical software engineering practices.

Who are the top competitors of Finlite Technologies?

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

Who are Finlite Technologies's investors?

Finlite Technologies has 1 investor. Key investors include IndiaMART.

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