About Hancom
Hancom is a company based in Seongnam-si (South Korea) founded in 1990.. Hancom has completed 2 acquisitions, including Clipsoft and MDS Technology. Hancom offers products and services including Hancom Assistant, Hancom Pedia, Hancom Docs, and Web Hwp Editor. Hancom operates in a competitive market with competitors including AKQA, AlmavivA, Hedgehog lab, Waracle and Sierra Atlantic, among others.
- Headquarter Seongnam-si, South Korea
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Sectors
Technology
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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 Hancom India Private Limited
- Date of Incorporation 24 Jun, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$470.63 K (USD)6.51as on Mar 31, 2021
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Net Profit
$66.69 K (USD)46.38as on Mar 31, 2021
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EBITDA
$109.81 K (USD)42.86as on Mar 31, 2021
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Latest Funding Round
$43.8 M (USD), Post-IPO
Aug 18, 2017
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Clipsoft
& 1 more
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Products & Services of Hancom
Hancom offers a comprehensive portfolio of products and services, including Hancom Assistant, Hancom Pedia, Hancom Docs, and Web Hwp Editor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for efficient intelligent document creation and editing.
Service for fast and accurate document data searching.
AI-integrated platform for enhancing smart work productivity.
HTML5-based tool for reading and editing documents online.
Funding Insights of Hancom
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $43.8M
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First Round
First Round
(18 Aug 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Post-IPO - Hancom | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hancom
Hancom has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Crescendo. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hancom
Hancom has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Clipsoft and MDS Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of reporting and e-form solutions, software development, and consulting services
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2004 | ||||
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End-to-end embedded solutions are delivered for automotive and other industries.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hancom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hancom Comparisons
Competitors of Hancom
Hancom 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 AKQA, AlmavivA, Hedgehog lab, Waracle and Sierra Atlantic, 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 |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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| domain | founded_year | HQ Location |
Offshore enterprise application development and IT consulting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hancom
Frequently Asked Questions about Hancom
When was Hancom founded?
Hancom was founded in 1990 and raised its 1st funding round 27 years after it was founded.
Where is Hancom located?
Hancom is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
What is the annual revenue of Hancom?
Annual revenue of Hancom is $470.63K as on Mar 31, 2021.
What does Hancom do?
Hancom was founded in 1990 and is headquartered in Seongnam-si, South Korea. As a technology conglomerate, operations extend across diverse verticals such as artificial intelligence, drone technology, enterprise solutions, key management, gold trade, blockchain, IoT platforms, mobility services, digital twin-based firefighting safety systems, and remote productivity tools. The companys domain, hancom.com, supports these activities in the global technology sector.
Who are the top competitors of Hancom?
Hancom's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Hancom offer?
Hancom offers Hancom Assistant, Hancom Pedia, Hancom Docs, and Web Hwp Editor.
How many acquisitions has Hancom made?
Hancom has made 2 acquisitions, including Clipsoft, and MDS Technology.
Who are Hancom's investors?
Hancom has 1 investor. Key investors include Crescendo.
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