Mobiquity

Ahmedabad, India Founded: 2011 • Age: 15 yrs Acquired By Hexaware
Provider of customer experience and product design services
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About Mobiquity

Mobiquity is a company based in Ahmedabad (India) founded in 2011 was acquired by Hexaware in June 2019.. Mobiquity has raised $50.84 million across 9 funding rounds from investors including Comerica, Hexaware and Longworth. The company has 540 employees as of April 04, 2024. Mobiquity offers products and services including RapidX TM, Tensai ®, and Amaze ®. Mobiquity operates in a competitive market with competitors including Goodpatch, USIO, beBit, Social Panga and MetaLab, among others.

  • Headquarter Ahmedabad, India
  • Employees 540 as on 04 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mobiquity Softech Private Limited
  • Date of Incorporation 01 Sep, 2010
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $18.71 M (USD)
    24.32
    as on Dec 31, 2023
  • Net Profit
    $1.91 M (USD)
    20.94
    as on Dec 31, 2023
  • EBITDA
    $3.26 M (USD)
    16.8
    as on Dec 31, 2023
  • Total Equity Funding
    $50.84 M (USD)

    in 9 rounds

  • Latest Funding Round
    $19.14 M (USD), Series C

    Apr 11, 2017

  • Investors
    Comerica

    & 4 more

  • Employee Count
    540

    as on Apr 04, 2024

  • Acquired by
    Hexaware

    (Jun 14, 2019)

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Products & Services of Mobiquity

Mobiquity offers a comprehensive portfolio of products and services, including RapidX TM, Tensai ®, and Amaze ®. 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

Creates tailored paths for teams to develop against various needs

Automates processes to boost quality and operational efficiency

Facilitates smooth migration of products and data to the cloud

People of Mobiquity
Headcount 500-1000
Employee Profiles 63
Employee Profiles
People
Sankar Narayanan
Program Manager
People
Sujal Shah
Vice President, Client Delivery
People
Brandon Ashcraft
SVP Engineering, U.s. Chief Architect
People
Dhaval Joshi
Lead UI Designer & Developer

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Funding Insights of Mobiquity

Mobiquity has successfully raised a total of $50.84M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $19.14 million completed in April 2017. 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 Rounds 9
  • Last Round Series C — $19.1M
  • First Round

    (30 Mar 2011)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series C - Mobiquity Valuation

investors

Oct, 2015 Amount Series B - Mobiquity Valuation

investors

Oct, 2014 Amount Series B - Mobiquity Valuation

investors

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 Mobiquity

Mobiquity has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, Hexaware and Longworth. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Waiting list management and analyses services in the technology sector.
Founded Year Domain Location
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
Founded Year Domain Location
Early-stage VC investments are made in US, Canada, and Asia.
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 Mobiquity

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 - Mobiquity

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

Mobiquity Comparisons

Employees
+
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Competitors of Mobiquity

Mobiquity 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 Goodpatch, USIO, beBit, Social Panga and MetaLab, 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
UI design company and development based in Tokyo and Berlin
domain founded_year HQ Location
UI/UX development services for enterprises are provided alongside app support.
domain founded_year HQ Location
UI/UX consulting and design services are provided for various projects.
domain founded_year HQ Location
Digital marketing, branding, and application development services are provided.
domain founded_year HQ Location
Provider of a design and development agency that helps companies design, build, and ship innovative products and services
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 Mobiquity

Frequently Asked Questions about Mobiquity

When was Mobiquity founded?

Mobiquity was founded in 2011.

Where is Mobiquity located?

Mobiquity is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Is Mobiquity a funded company?

Mobiquity is a funded company, having raised a total of $50.84M across 9 funding rounds to date. The company's 1st funding round was a Series B of $3M, raised on Mar 30, 2011.

How many employees does Mobiquity have?

As of Apr 04, 2024, the latest employee count at Mobiquity is 540.

What is the annual revenue of Mobiquity?

Annual revenue of Mobiquity is $18.71M as on Dec 31, 2023.

What does Mobiquity do?

Mobiquity was founded in 2011 and is headquartered in Ahmedabad, India. Services focused on customer experience and product design are offered within the digital sector. Digital products are designed, built, and marketed to support client needs. Branding and marketing assistance is also extended to enhance product visibility and market positioning. Operations emphasize practical solutions for technology-driven businesses.

Who are the top competitors of Mobiquity?

Mobiquity's top competitors include Goodpatch, USIO and Social Panga.

What products or services does Mobiquity offer?

Mobiquity offers RapidX TM, Tensai ®, and Amaze ®.

Who are Mobiquity's investors?

Mobiquity has 5 investors. Key investors include Comerica, Hexaware, Longworth, NewSpring Capital, and Sigma Partners.

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