About IBS Software Services
IBS Software Services is a company based in Thiruvananthapuram (India) founded in 1997 by Valayil Korath Mathews.. IBS Software Services has raised $60 million across 1 funding round from investors including General Atlantic. IBS Software Services has completed 4 acquisitions, including AD OPT, Above Property and Avient Solutions. IBS Software Services operates in a competitive market with competitors including Amadeus, SITA, Portside, Rockwell Collins and Veryon, among others.
- Headquarter Thiruvananthapuram, India
- Founders Valayil Korath Mathews
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 1 rounds
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Latest Funding Round
$60 M (USD), Private Equity Round
Jul 26, 2007
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AD OPT
& 3 more
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Software Development Team
90 people
Human Resources and Administration
20 people
Sales and Marketing
20 people
Leadership Team
17 people
Senior Team
12 people
Finance and Accounting
8 people
Lead Team
6 people
Operations Team
6 people
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Funding Insights of IBS Software Services
IBS Software Services has successfully raised a total of $60M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $60 million completed in July 2007. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $60.0M
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First Round
First Round
(26 Jul 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2007 | Amount | Private Equity Round - IBS Software Services | Valuation | General Atlantic |
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| 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 IBS Software Services
IBS Software Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include General Atlantic. 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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Private equity fund focused on global markets
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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 IBS Software Services
IBS Software Services has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AD OPT, Above Property and Avient Solutions. 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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Cloud-based software solutions provider for hotels
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2012 | ||||
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Provider of software development services
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2005 | ||||
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Airline and airport operations systems and solutions are provided.
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2002 |
| 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 - IBS Software Services
| 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 |
Ibs Software Services Comparisons
Competitors of IBS Software Services
IBS Software Services 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 Amadeus, SITA, Portside, Rockwell Collins and Veryon, 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 |
SaaS-based operations management is provided for hospitality and aviation sectors.
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| domain | founded_year | HQ Location |
Cloud-based end-to-end solutions for aviation management are offered.
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| domain | founded_year | HQ Location |
Cloud-based aircraft data and management systems are provided.
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| domain | founded_year | HQ Location |
Avionics systems and software solutions are provided for aerospace applications.
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| domain | founded_year | HQ Location |
Cloud-based inventory management and maintenance forecasting are offered for aviation.
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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 Ibs Software Services
Frequently Asked Questions about IBS Software Services
When was IBS Software Services founded?
IBS Software Services was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Where is IBS Software Services located?
IBS Software Services is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Who is the current CEO of IBS Software Services?
Somit Goyal is the current CEO of IBS Software Services.
Is IBS Software Services a funded company?
IBS Software Services is a funded company, having raised a total of $60M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $60M, raised on Jul 26, 2007.
What does IBS Software Services do?
Provider of software solutions for airline, hospitality, and logistics sectors. It offers integrated systems for airline retailing, operations, and crew management; hospitality solutions including property management and distribution systems; and logistics software for air cargo, ocean cargo, and energy resources. These solutions encompass passenger services, loyalty management, and supply chain optimization. The company develops modular systems allowing clients to integrate full platforms or select individual components. Its offerings are designed to improve operational efficiency, enhance customer engagement, and drive revenue growth.
Who are the top competitors of IBS Software Services?
IBS Software Services's top competitors include Amadeus, Portside and Rockwell Collins.
How many acquisitions has IBS Software Services made?
IBS Software Services has made 4 acquisitions, including AD OPT, Above Property, and Avient Solutions.
Who are IBS Software Services's investors?
IBS Software Services has 1 investor. Key investors include General Atlantic.
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