About Idhasoft
Idhasoft is a company based in Atlanta (United States) founded in 2006. Enterprise solutions for finance, heath care, insurance and manufacturing. Idhasoft has raised $30 million across 2 funding rounds from investors including Prism Informatics and Arcapita. Idhasoft has completed 5 acquisitions, including Apposite Solutions, Aware Technologies and Enterpulse. Its Indian entity Idhasoft Limited reported revenue of ₹56.39 Cr.
Company details
Idhasoft is a software products and IT services provider serving enterprise customers in the United States, Europe and Asia. They provide services to industry segments including Banking and Financial Services, Healthcare, Insurance, Manufacturing. Their banking offerings include ERP, SAP HANA, Analytics software, cloud amp; mobile solutions. They also provide Oracle ERP and analytics solutions to banks. It has acquired Enterpulse in September 2008. It has won Partner of the year 2014 for SAP North American region.
- Headquarters Atlanta, United States
- Website idhasoft.com
- Social LinkedIn X Facebook
- Legal Name Idhasoft Limited
- Date of Incorporation 21 Dec, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹56.39 Cr
FY 2015 · -21% YoY
- Indian entity net loss-₹14.6 Lakh
FY 2015 · 0% margin
- Indian entity EBITDA₹4.42 Cr
FY 2015 · 8% margin
- Total Equity Funding$30M (USD)
in 2 rounds
- InvestorsPrism Informatics
& 1 more
- Investments & AcquisitionsApposite Solutions
& 4 more
Associated legal entities of Idhasoft
Idhasoft operates through Idhasoft Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2015) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Idhasoft Limited CIN U72200MH2006PLC166403 | Under Liquidation | 21 Dec 2006 | Mumbai, Maharashtra | ₹56.4 Cr | 3 | View details |
Funding Insights of Idhasoft
Idhasoft has successfully raised a total of $30M across 2 strategic funding rounds. 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 $30M
- Total Rounds 2
- First Round $30M
(May 2008)
- Investors Count 2
All 2 funding rounds of Idhasoft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2011 | Series A | – | Prism Informatics | – | |
| May 2008 | $30M | Series A | – | Arcapita | – |
2 investors in total: 2 institutional.
Investors in Idhasoft
Idhasoft has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Prism Informatics and Arcapita.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in real estate are managed by Arcapita. | arcapita.com | Manama, Bahrain | ||
| prism-informatics.in |
Investor details for Idhasoft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Idhasoft Limited (Idhasoft)
Idhasoft Limited is the primary company behind Idhasoft. The board of Idhasoft Limited currently have 3 directors; the longest-serving is Ajay Maruti Zore, appointed in 2015. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Maruti Zore DIN 07280400 | Additional Director | 08 Sep 2015 | 11 yrs 2 mo | Idhasoft Limited |
| Bhagwan Amichand Singh DIN 07280437 | Additional Director | 08 Sep 2015 | 11 yrs 2 mo | Idhasoft Limited |
| Tushar Subodh Shah DIN 01932018 | Additional Director | 19 Oct 2018 | 8 yrs | Idhasoft Limited |
People of Idhasoft
8 people are tracked at Idhasoft (2 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Alok Pathak | CEO | Leadership |
Bhavin Zaveri | General Manager Finance And Accounts | Leadership |
Amy G | Manager- Channel Sales | Team |
Vinay Thakur | Accounts Finance | Team |
Mohan Dasan | Accounts | Team |
Neelam Sharma | Assistant Manager-accounts & Finance | Team |
Archana M | Business Development | Team |
Indra Persaud | Sr Analyst | Team |
Complete people profiles for Idhasoft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
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Financials of Idhasoft
Figures of Idhasoft Limited, the primary company behind Idhasoft, for FY 2015. Revenue was ₹56.39 Cr (-21% year on year). Net loss was -₹14.6 Lakh (0% margin). EBITDA was ₹4.42 Cr (8% margin). Revenue has grown at a compounded annual rate of -48% over three years.
- ₹56.39 CrRevenue · FY 2015 · -21% YoY
- -₹14.6 LakhNet loss · 0% margin
- ₹4.42 CrEBITDA · 8% margin
- ₹105 CrPaid-up capital
- -48%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Idhasoft Limited are on its company page.
Detailed financial statements for Idhasoft
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
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Investments & Acquisitions by Idhasoft
Idhasoft has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Apposite Solutions, Aware Technologies and Enterpulse.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web and mobile applications are developed by Grey Matter India. | greymatterindia.com | Mumbai, India | 2000 | Oct 2013 | •••• | |
HR recruitment services are provided to businesses and organizations. | iapposite.com | Ashburn, United States | 2007 | Jun 2009 | •••• | |
Spare parts and accessories for vehicles are supplied internationally. | westbaysolutions.com | Sweden | 2006 | Nov 2008 | •••• | |
Provider of software development services | enterpulse.com | Cambridge, United States | 1996 | Sep 2008 | $12M | |
Retailer of computers, peripheral units, software and telecommunications equipment | awaretechnologies.com | Denver, United States | 2007 | Jun 2007 | •••• |
Complete acquisition details for Idhasoft
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Timeline of Idhasoft
8 dated milestones of Idhasoft across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Idhasoft is founded.
- Acquisition Acquires Aware Technologies.
- Funding First funding round of $30.0M.
- Acquisition Acquires Enterpulse.
- Acquisition Acquires Westbay.
- Acquisition Acquires Apposite Solutions.
- Funding Latest funding round, Series A,.
- Acquisition Acquires Grey Matter India.
Web traffic of Idhasoft
Websites that share an audience with Idhasoft (idhasoft.com).
Websites whose visitors overlap most with Idhasoft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
softura.com | softura.com | 100% | #2,813,190 | – | |
| method360.com | 98% | #13,181,581 | View details | ||
infoplusltd.co.uk | infoplusltd.co.uk | 97% | – | ||
| sap.com | 40% | 15M | #3,427 | View details | |
| cognizant.com | 38% | 2.6M | #21,051 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Idhasoft
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Related news about Idhasoft
Complete news archive for Idhasoft
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Frequently Asked Questions about Idhasoft
Idhasoft was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Idhasoft is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Idhasoft is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on May 2008.
The primary company behind Idhasoft, Idhasoft Limited, reported revenue of ₹56.39 Cr for FY 2015, down 21% year on year.
Idhasoft is a software products and IT services provider serving enterprise customers in the United States, Europe and Asia. They provide services to industry segments including Banking and Financial Services, Healthcare, Insurance, Manufacturing. Their banking offerings include ERP, SAP HANA, Analytics software, cloud amp; mobile solutions. They also provide Oracle ERP and analytics solutions to banks. It has acquired Enterpulse in September 2008. It has won Partner of the year 2014 for SAP North American region.
Idhasoft has made 5 acquisitions, including Apposite Solutions, Aware Technologies, and Enterpulse.
Idhasoft has 2 investors. Key investors include Prism Informatics, and Arcapita.
Idhasoft operates through Idhasoft Limited.
The legal entities of Idhasoft currently have 3 directors, including Ajay Maruti Zore, Bhagwan Amichand Singh, Tushar Subodh Shah.