About Formidium
Formidium is a company based in Downers Grove (United States) founded in 2016 by Shalin Madan, Nitin Somani, Manish Agrawal, Manish Sudrania, and Nilesh Sudrania. The company has 1 employees as of December 15, 2024. Formidium has completed 1 acquisition, including Triple Leo Consulting. Formidium operates in a competitive market with competitors including Multrees Investor Services, ASCENT, FundAdminChain, Embankment and White Plume Technologies, among others.
- Headquarter Downers Grove, United States
- Employees 1 as on 15 Dec, 2024
- Founders Shalin Madan, Nitin Somani, Manish Agrawal, Manish Sudrania, Nilesh Sudrania
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Formidium Ifsc Private Limited
- Date of Incorporation 17 May, 2024
- Jurisdiction Gandhi Nagar, Gujarat, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
Not available
- Investors
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Employee Count
1
as on Dec 15, 2024
- Investments & Acquisitions
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People of Formidium
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Funding Insights of Formidium
Investors in Formidium
Formidium has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Woodstock.
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Investor details for Formidium
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Investments & Acquisitions by Formidium
Formidium has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Triple Leo Consulting.
Investment portfolio details for Formidium
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Provider of operational consulting services
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Complete acquisition details for Formidium
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Financial Statements - Formidium
Detailed financials for Formidium
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Formidium Comparisons
Peer comparison for Formidium
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Competitors of Formidium
Formidium 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 Multrees Investor Services, ASCENT, FundAdminChain, Embankment and White Plume Technologies, among others.
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Modular wealth management outsourcing services are provided.
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Fund administration, corporate, and fintech solutions are provided.
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Digital platform connects fund investors, managers, and service providers.
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Fund administration services are offered to alternative investment managers.
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Automated charge capture and medical coding software solutions for healthcare providers
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Detailed competitors of Formidium
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Latest news on Formidium
Complete news archive for Formidium
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Frequently Asked Questions about Formidium
Formidium was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Formidium is headquartered in Downers Grove, United States. It is registered at Downers Grove, Illinois, United States.
Nilesh Sudrania is the current CEO of Formidium. They have also founded this company.
As of Dec 15, 2024, the latest employee count at Formidium is 1.
Formidium was founded in 2016 and is headquartered in Downers Grove, United States. Fund administration and tax services are delivered through technology-enabled platforms, targeting investment funds. Operations incorporate AI and blockchain elements in sales and marketing processes. Core activities focus on administrative support and compliance for fund managers, with services extending to diverse fund structures across the financial sector.
Formidium's top competitors include ASCENT, Multrees Investor Services and FundAdminChain.
Formidium has made 1 acquisition, including Triple Leo Consulting.
Formidium has 1 investor. Key investors include Woodstock.