About ITC Infotech
ITC Infotech is a company based in Bengaluru (India) founded in 2000. It operates as a B2B. The company has 9,845 employees as of March 31, 2023. ITC Infotech has completed 1 acquisition, including Blazeclan. ITC Infotech operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Bengaluru, India
- Employees 9845 as on 31 Mar, 2023
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Itc Infotech India Limited
- Date of Incorporation 16 Feb, 1996
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$321.43 M (USD)15.41as on Mar 31, 2023
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Net Profit
$42.49 M (USD)-31.75as on Mar 31, 2023
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EBITDA
$61.65 M (USD)-25.22as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
9845
as on Mar 31, 2023
- Investments & Acquisitions
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Funding Insights of ITC Infotech
| 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 |
Investments & Acquisitions by ITC Infotech
ITC Infotech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blazeclan. 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 cloud consulting, DevOps, and digital transformation services
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2010 |
| 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 - ITC Infotech
| 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 |
Itc Infotech Comparisons
Competitors of ITC Infotech
ITC Infotech 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence 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 Itc Infotech
Frequently Asked Questions about ITC Infotech
When was ITC Infotech founded?
ITC Infotech was founded in 2000.
Where is ITC Infotech located?
ITC Infotech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does ITC Infotech have?
As of Mar 31, 2023, the latest employee count at ITC Infotech is 9,845.
What is the annual revenue of ITC Infotech?
Annual revenue of ITC Infotech is $321.43M as on Mar 31, 2023.
What does ITC Infotech do?
ITC Infotech, founded in 2000 in Bengaluru, India, focuses on leveraging cutting-edge technology, information technology, product engineering, and providing IT services. Specializes in product engineering and IT services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of ITC Infotech?
ITC Infotech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
How many acquisitions has ITC Infotech made?
ITC Infotech has made 1 acquisition, including Blazeclan.
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