About Fusionnet
Fusionnet is a company based in Noida (India) founded in 2015 by Sudeep Dutt and Jogy Paradiyil Thomas was acquired by SAR Televenture in August 2024. Fusionnet has raised $3.84 million across 1 funding round from investors including SAR Televenture and India Inflection Opportunity Fund. The company has 180 employees as of April 07, 2024. Fusionnet operates in a competitive market with competitors including Orange Polska, ViaSat, EarthLink, Sky and Interdigital, among others.
- Headquarter Noida, India
- Employees 180 as on 07 Apr, 2024
- Founders Sudeep Dutt, Jogy Paradiyil Thomas
- Stage Minicorn
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Sectors
Telecommunications
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Fusionnet Web Services Limited
- Date of Incorporation 25 Sep, 2014
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$5.05 M (USD)3.96as on Mar 31, 2023
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Net Profit
-$33.3 K (USD)72.15as on Mar 31, 2023
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EBITDA
$386.93 K (USD)72as on Mar 31, 2023
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Total Equity Funding
$3.84 M (USD)
in 1 rounds
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Latest Funding Round
$3.84 M (USD), Seed
May 15, 2024
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Investors
SAR Televenture
& 1 more
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Employee Count
180
as on Apr 07, 2024
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Acquired by
SAR Televenture
(Aug 07, 2024)
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People of Fusionnet
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Funding Insights of Fusionnet
Fusionnet has successfully raised a total of $3.84M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.84 million completed in May 2024. 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 Fusionnet
Fusionnet has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SAR Televenture and India Inflection Opportunity Fund.
| Investor | Description | Founded Year | Domain | Location |
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Investment services are provided to emerging pre-IPO enterprises.
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Provider of professional services in procurement, project management, and services delivery
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Investor details for Fusionnet
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Investments & Acquisitions by Fusionnet
Investment portfolio details for Fusionnet
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Financial Statements - Fusionnet
Detailed financials for Fusionnet
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Fusionnet Comparisons
Peer comparison for Fusionnet
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Competitors of Fusionnet
Fusionnet 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 Orange Polska, ViaSat, EarthLink, Sky and Interdigital, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Telephony, internet, and data transmission services are provided in Poland.
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Satellite-based communication services are provided to diverse business sectors.
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Internet service provider
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Sky is recognized as a provider of TV, broadband, and mobile services.
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Mobile communication technologies are developed and licensed by Interdigital.
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Wireless, TV, internet, and media services are provided across Canada.
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Detailed competitors of Fusionnet
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Latest news on Fusionnet
Complete news archive for Fusionnet
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Frequently Asked Questions about Fusionnet
Fusionnet was founded in 2015 and raised its 1st funding round 9 years after it was founded.
Fusionnet is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Fusionnet is a funded company, having raised a total of $3.84M across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Fusionnet is 180.
Annual revenue of Fusionnet is $5.05M as on Mar 31, 2023.
Fusionnet was established in 2015 in Noida, India, as an internet service provider. Broadband access with speeds up to 100 Mbps is offered through a proprietary fiber-optic network, alongside wireless options. Services extend to residential and business clients, including various speed-based plans, managed WiFi, installation, maintenance, and support. Operations focus on reliable connectivity in the telecommunications sector.
Fusionnet's top competitors include Sky, Rogers and Orange Polska.
Fusionnet has 2 investors. Key investors include SAR Televenture, and India Inflection Opportunity Fund.
The valuation of Fusionnet is $23.97M as of May 2024.