Lucid Technologies

Chennai, India Founded: 1997 • Age: 29 yrs Acquired By Expleo
Data analytics and BI solutions are delivered for industry verticals.

About Lucid Technologies

Lucid Technologies is a company based in Chennai (India) founded in 1997 was acquired by Expleo in May 2022.. The company has 1 employees as of April 07, 2024. Lucid Technologies offers products and services including IT Solutions. Lucid Technologies operates in a competitive market with competitors including EXL, eClerx, Tredence, Artefact and Quantiphi, among others.

  • Headquarter Chennai, India
  • Employees 1 as on 07 Apr, 2024
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lucid Technologies And Solutions Private Limited
  • Date of Incorporation 06 Aug, 1997
  • Jurisdiction Coimbatore, Tamil Nadu, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $2.09 M (USD)
    159.84
    as on Mar 31, 2022
  • Net Profit
    $454.11 K (USD)
    192.96
    as on Mar 31, 2022
  • EBITDA
    $1.01 M (USD)
    172.16
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Apr 07, 2024

  • Acquired by
    Expleo

    (May 11, 2022)

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Products & Services of Lucid Technologies

Lucid Technologies offers a comprehensive portfolio of products and services, including IT Solutions. 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.

Primary

Delivers IT consulting and software solutions for businesses

Funding Insights of Lucid Technologies

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lucid Technologies

Lucid Technologies has secured backing from 1 investor. Prominent investors backing the company include Expleo. 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.

All
Investor Description Founded Year Domain Location
Business strategy, digital transformation, and technology consulting services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lucid Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lucid Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lucid Technologies Comparisons

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Competitors of Lucid Technologies

Lucid Technologies 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 EXL, eClerx, Tredence, Artefact and Quantiphi, 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
Analytics and digital solutions for healthcare and banking are provided.
domain founded_year HQ Location
Provider of business processes, change management, analytics, and data-driven insights services
domain founded_year HQ Location
AI consulting, supply chain, and customer analytics services are provided.
domain founded_year HQ Location
Digital marketing services provider
domain founded_year HQ Location
Provider of AI and machine learning services
domain founded_year HQ Location
AI and analytics services are delivered globally to enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lucid Technologies

Frequently Asked Questions about Lucid Technologies

When was Lucid Technologies founded?

Lucid Technologies was founded in 1997.

Where is Lucid Technologies located?

Lucid Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

How many employees does Lucid Technologies have?

As of Apr 07, 2024, the latest employee count at Lucid Technologies is 1.

What is the annual revenue of Lucid Technologies?

Annual revenue of Lucid Technologies is $2.09M as on Mar 31, 2022.

What does Lucid Technologies do?

Lucid Tech Solutions provides data analytics and BI solutions for various industry verticals including healthcare, financial services, entertainment, public sector, telecom, manufacturing and retail. The company has four products - RevenueIQ, a HIPAA compliant solution which can be integrated with other healthcare business solutions and provides real-time claims information and can be used to manage revenue life-cycle, cash flows and risks. LucidGreen is an energy consumption monitoring and optimization solution and helps to control IT costs. DQ Monitor is an application for real-time data monitoring and helps to define data quality KPIs and rules to profile existing and incoming data. The company also provides a supplier performance intelligence solution which integrates with various internal existing solutions to extract data relevant to suppliers and score them. The company is based out of India with offices in the US as well.

Who are the top competitors of Lucid Technologies?

Lucid Technologies's top competitors include EXL, Tredence and MathCo.

What products or services does Lucid Technologies offer?

Lucid Technologies offers IT Solutions.

Who are Lucid Technologies's investors?

Lucid Technologies has 1 investor. Key investors include Expleo.

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