About Futuretek
Futuretek is a company based in Jaipur (India) founded in 2020. Futuretek has raised $4.06 million across 6 funding rounds from investors including ITI Growth Opportunities, Anikarth Ventures and Navlok Ventures. The company has 145 employees as of April 05, 2024. Futuretek operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Jaipur, India
- Employees 145 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Phone
Locked
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Website
Locked
- Legal Name Futuretek Commerce Private Limited
- Date of Incorporation 05 Oct, 2020
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$907.64 K (USD)172.96as on Mar 31, 2023
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Net Profit
$92.28 (USD)-97.66as on Mar 31, 2023
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EBITDA
$61.97 K (USD)139.53as on Mar 31, 2023
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Total Equity Funding
$4.06 M (USD)
in 6 rounds
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Latest Funding Round
$317 K (USD), Seed
May 23, 2023
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Investors
ITI Growth Opportunities
& 34 more
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Employee Count
145
as on Apr 05, 2024
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Funding Insights of Futuretek
Futuretek has successfully raised a total of $4.06M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $317 thousand completed in May 2023. 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 Futuretek
Futuretek has secured backing from 35 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ITI Growth Opportunities, Anikarth Ventures and Navlok Ventures.
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Sector agnostic VC firm investing in startups
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Venture capital fund focused on tech startups
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Investment in startups across aerospace, electric vehicles, and personal wellness sectors.
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Investor details for Futuretek
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Investments & Acquisitions by Futuretek
Investment portfolio details for Futuretek
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Financial Statements - Futuretek
Detailed financials for Futuretek
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Futuretek Comparisons
Peer comparison for Futuretek
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Competitors of Futuretek
Futuretek 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, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Futuretek
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Latest news on Futuretek
Complete news archive for Futuretek
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Frequently Asked Questions about Futuretek
Futuretek was founded in 2020.
Futuretek is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Futuretek is a funded company, having raised a total of $4.06M across 6 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Futuretek is 145.
Annual revenue of Futuretek is $907.64K as on Mar 31, 2023.
Futuretek was established in 2020 in Jaipur, India, within the IT sector. A variety of consulting services is delivered by the company, encompassing website and software development, bulk messaging systems, customer relationship management tools, payment and portal solutions, voice messaging, SMS capabilities, GPS tracking devices, and content management systems. Operations focus on technology solutions for diverse business needs in the region.
Futuretek's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Futuretek has 35 investors. Key investors include ITI Growth Opportunities, Anikarth Ventures, Navlok Ventures, Shreyapetrochem, and Navin Kumar Gupta.
The valuation of Futuretek is $30.54M as of May 2023.