About JK Tech
JK Tech is a company based in Noida (India) founded in 1993 by Abhishek Singhania was acquired by Jaykay Enterprises in February 2024. JK Tech has raised $13.42 million across 1 funding round from investors including Jaykay Enterprises, Shyam Verma and Satish Kumar Gupta. The company has 739 employees as of April 05, 2024. JK Tech offers products and services including Hyperautomation, Data Transformation, Cloud Engineering, and AI/ML. JK Tech operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Noida, India
- Employees 739 as on 05 Apr, 2024
- Founders Abhishek Singhania
- Stage Minicorn
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Sectors
Business ServicesTechnology
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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 J K Technosoft Limited
- Date of Incorporation 07 Mar, 1988
- Jurisdiction Ghaziabad, Uttar Pradesh, India
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Annual Revenue
$26.01 M (USD)-18.2as on Mar 31, 2023
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Net Profit
$1.55 M (USD)-35.59as on Mar 31, 2023
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EBITDA
$1.34 M (USD)-53.66as on Mar 31, 2023
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Total Equity Funding
$13.42 M (USD)
in 1 rounds
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Latest Funding Round
$13.42 M (USD), Angel Round
Jul 22, 2021
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Investors
Jaykay Enterprises
& 9 more
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Employee Count
739
as on Apr 05, 2024
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Acquired by
Jaykay Enterprises
(Feb 18, 2024)
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Products & Services of JK Tech
JK Tech offers a comprehensive portfolio of products and services, including Hyperautomation, Data Transformation, Cloud Engineering, and AI/ML.
Automates business processes to improve efficiency and agility.
Utilizes analytics for strategic data growth and insights.
Provides cloud support for enhanced business performance.
Delivers AI solutions for innovative data-driven outcomes.
People of JK Tech
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Funding Insights of JK Tech
JK Tech has successfully raised a total of $13.42M through 1 strategic funding round. The most recent funding activity was a Angel Round of $13.42 million completed in July 2021. 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 Angel Round — $13.4M
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First Round
First Round
(22 Jul 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Angel Round - JK Tech | Valuation | Shyam Verma , Satish Kumar Gupta |
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Investors in JK Tech
JK Tech has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Jaykay Enterprises, Shyam Verma and Satish Kumar Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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SV
Shyam Verma |
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Founded Year | Domain | Location |
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SK
Satish Kumar Gupta |
Angel investor, founder of Cradlewise, focused on consumer tech and innovation
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Founded Year | Domain | Location |
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PK
Parthopratim Kar |
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Founded Year | Domain | Location |
Investments & Acquisitions by JK Tech
Financial Statements - JK Tech
Jk Tech Comparisons
Competitors of JK Tech
JK Tech 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 |
|---|---|---|---|---|
| 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 |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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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 |
Provider of end-to-end business process outsourcing services
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Frequently Asked Questions about JK Tech
JK Tech was founded in 1993 and raised its 1st funding round 28 years after it was founded.
JK Tech is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Aloke Paskar is the current CEO of JK Tech.
JK Tech is a funded company, having raised a total of $13.42M across 1 funding round to date. The company's 1st funding round was a Angel Round of $13.42M, raised on Jul 22, 2021.
As of Apr 05, 2024, the latest employee count at JK Tech is 739.
Annual revenue of JK Tech is $26.01M as on Mar 31, 2023.
JK Tech was established in 1993 and is based in Noida, India. A range of IT and digital transformation services is offered, encompassing business consulting, hyperautomation, data transformation, cloud engineering, AI solutions, and IT consulting. Focus is placed on the implementation, upgrading, and support of various technologies. These services are directed toward the retail, CPG, insurance, healthcare, and life sciences sectors.
JK Tech's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
JK Tech offers Hyperautomation, Data Transformation, Cloud Engineering, and AI/ML.
JK Tech has 10 investors. Key investors include Jaykay Enterprises, Shyam Verma, Satish Kumar Gupta, Parthopratim Kar, and Abhraham Babu.
The valuation of JK Tech is $19.46M as of Jul 2021.