About Majesco
Majesco is a company based in Morristown (United States) founded in 2015 was acquired by Thoma Bravo in August 2020. The company has 1,284 employees as of March 29, 2024. Majesco has completed 8 acquisitions, including Agile Technologies, ClaimVantage and Decision Research Corporation. Majesco operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.
- Headquarter Morristown, United States
- Employees 1284 as on 29 Mar, 2024
- Stage Public
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Sectors
Financial 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 Majesco Software And Solutions India Private Limited
- Date of Incorporation 21 Oct, 2014
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$39.56 M (USD)15.55as on Mar 31, 2023
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Net Profit
$3.74 M (USD)16.94as on Mar 31, 2023
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EBITDA
$5.12 M (USD)-10.49as on Mar 31, 2023
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Latest Funding Round
Not available
- Investors
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Employee Count
1284
as on Mar 29, 2024
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Investments & Acquisitions
Agile Technologies
& 7 more
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Acquired by
Thoma Bravo
(Aug 08, 2020)
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People of Majesco
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Leadership Team
38 people
Software Development Team
18 people
Sales and Marketing
14 people
Product Management Team
10 people
Creative and Marketing Team
6 people
Human Resources and Administration
5 people
Finance and Accounting
4 people
Principal Team
2 people
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Funding Insights of Majesco
Detailed funding history for Majesco
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Investors in Majesco
Majesco has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thoma Bravo.
| Investor | Description | Founded Year | Domain | Location |
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Software and technology-enabled services companies are targeted for investment.
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Investor details for Majesco
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Investments & Acquisitions by Majesco
Majesco has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Agile Technologies, ClaimVantage and Decision Research Corporation.
Investment portfolio details for Majesco
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Automated claim technology solutions provider
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Inspection management software is provided for insurance underwriting and risk.
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Employee benefits software automation
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Locked | Locked | 1999 | Locked |
Complete acquisition details for Majesco
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Financial Statements - Majesco
Detailed financials for Majesco
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Majesco Comparisons
Peer comparison for Majesco
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Competitors of Majesco
Majesco 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 Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A platform for digital insurance distribution and management is provided.
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Cloud-based solutions for insurance policy management and underwriting are offered.
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AI-based software suite is provided for banking and insurance sectors.
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Insurance policy and claim management solutions for the insurance industry
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Cloud-based insurance software suites are developed for insurers and partners.
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Cloud-based software solutions for credit insurers, surety bonds & trade finance
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Detailed competitors of Majesco
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Latest news on Majesco
Complete news archive for Majesco
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Frequently Asked Questions about Majesco
Majesco was founded in 2015.
Majesco is headquartered in Morristown, United States. It is registered at Morristown, New Jersey, United States.
As of Mar 29, 2024, the latest employee count at Majesco is 1,284.
Annual revenue of Majesco is $39.56M as on Mar 31, 2023.
Majesco was founded in 2015 and is based in Morristown, United States. Cloud-based platforms for insurance policy administration, claims management, and billing are offered to the insurance sector. Data analytics tools and software for digital transformation, product management, and distribution are also provided. Operations focus on supporting insurers with core suite solutions and data management systems across the industry.
Majesco has made 8 acquisitions, including Agile Technologies, ClaimVantage, and Decision Research Corporation.
Majesco has 1 investor. Key investors include Thoma Bravo.