Mobiquity

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

About Mobiquity

Mobiquity is a Technology company based in Ahmedabad (India) founded in 2011, and was acquired by Hexaware in June 2019. Provider of customer experience and product design services. Mobiquity has raised $50.84 million across 9 funding rounds from investors including Comerica, Hexaware and Longworth. The company has 540 employees. Its Indian entity Mobiquity Softech Private Limited reported revenue of ₹156 Cr. Mobiquity offers products and services including RapidX TM, Tensai ®, and Amaze ®. Its focus areas include Business Services, IT Services, Application Development and UI and UX Development. Its competitors include Social Panga and F1 Studioz.

Company details

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.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹156 Cr

    FY 2023 · +24% YoY

  • Net Profit
    ₹15.89 Cr

    FY 2023 · 10% margin

  • EBITDA
    ₹27.10 Cr

    FY 2023 · 17% margin

  • Total Equity Funding
    $50.84M (USD)

    in 9 rounds

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

    Apr 2017

  • Investors
    Comerica

    & 4 more

  • Employee Count
    540
  • Acquired by
    Hexaware

    (Jun 2019)

Products & Services of Mobiquity

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

RapidX TM
Development Platform

Creates tailored paths for teams to develop against various needs

Tensai ®
Automation Platform

Automates processes to boost quality and operational efficiency

Amaze ®
Cloud Migration Tool

Facilitates smooth migration of products and data to the cloud

Apps and channels of Mobiquity

its YouTube channel Hexaware Technologies has 5.93K subscribers and 30 videos.

Hexaware Technologies
YouTube 5.93K subscribers 30 videos Science & Technology
Open channel

Videos from Mobiquity

The most watched videos on Mobiquity's YouTube channel, Hexaware Technologies (5.93K subscribers). Click a video to play it here.

CEO Tech Live | S2- E4 – Anjani Nandan, VP of Cybersecurity & IT Infrastructure at Worldpac
36.2K views
CEO Tech Live | S2 - E2 – Craig Brown, Director of Banking Technology at EBRD
34.2K views
CEO Tech Live | S2- E5 – Paul Sheffield, VP, Infrastructure Transformation at HAVI
24.2K views
CEO Tech Live | S2- E6 – Ian Andrews, CIO at Liverpool Victoria Financial Services
20.6K views

More on Hexaware Technologies.

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 $50.84M
  • Total Rounds 9
  • Last Round Series C — $19.14M
  • First Round $5M

    (Mar 2011)

  • Investors Count 4

All 9 funding rounds of Mobiquity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2017$19.14MSeries C––
–
Oct 2015$5MSeries B––
Oct 2014$3MSeries B––
–
Aug 2014$2MSeries B––
–
Apr 2014$3MSeries B––
–
Oct 2013$1.63MSeries B––
–
Jun 2013$12.06MSeries B––
Feb 2012$3MDebt – Conventional––
Mar 2011$5MSeries A––
Valuation history

5 investors in total: 5 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Waiting list management and analyses services in the technology sector.
longworth.com
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
newspringcapital.com
Early-stage VC investments are made in US, Canada, and Asia.
sigmapartners.comDanville, United States
Commercial banking services are provided to businesses and individuals.
1849comerica.comDallas, United States
Provider of IT consulting and BPO services
1990hexaware.comMumbai, India
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Investor details for Mobiquity

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Mobiquity Softech Private Limited (Mobiquity)

Mobiquity Softech Private Limited is the primary company behind Mobiquity. The board of Mobiquity Softech Private Limited currently have 3 directors; the longest-serving is Milankumar Dilipbhai Patel, appointed in 2017. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Milankumar Dilipbhai Patel
DIN 07890010
Director26 Jul 20179 yrs 3 moMobiquity Softech Private Limited
Vikash Kumar Jain
DIN 07823957
Director05 Feb 20215 yrs 9 moMobiquity Softech Private Limited
Vinod Chandran
DIN 10694195
Director22 Jul 20242 yrs 3 moMobiquity Softech Private Limited

People of Mobiquity

63 people are tracked at Mobiquity (14 in leadership, 49 in team); the tracked headcount is 540.

NameRoleGroup
Kevin Breen
Vp, CreativeLeadership
Michael Matute
Assistant Vice President, Client DeliveryLeadership
Sujal Shah
Vice President, Client DeliveryLeadership
Brandon Ashcraft
SVP Engineering, U.s. Chief ArchitectLeadership
John Sposato
Director Of Engineering, Cloud Development ServicesLeadership
Krista Park
Associate Vice President, Customer Experience AnalyticsLeadership
Lena Beaven
Sr. Director, Customer ExperienceLeadership
Shelly Steele
Managing Senior Director, Customer Experience Consulting PracticeLeadership
Sangeeta Mehta
Director Engineering, Enterprise ArchitectLeadership
Jp McCaffrey
Senior Experience Strategy DirectorLeadership
Dom Monty
Head Of Technology APACLeadership
Rachel Johannesen
CX Analytics DirectorLeadership
Matthew Rose
Creative DirectorLeadership
Scott Hill
Sales DirectorLeadership
Forrest Spieler
Senior Associate Manager, FinanceTeam
Sankar Narayanan
Program ManagerTeam
Dhaval Joshi
Lead UI Designer & DeveloperTeam
Prakash Pagare
Devops EngineerTeam
Anand Shenoy
Delivery ManagerTeam
Jeanne Thompson
Program Delivery ManagerTeam

43 more people are available in the full profile.

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Complete people profiles for Mobiquity

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
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Verified entity values are shown only after access is granted.

Financials of Mobiquity

Figures of Mobiquity Softech Private Limited, the primary company behind Mobiquity, for FY 2023. Revenue was ₹156 Cr (+24% year on year). Net profit was ₹15.89 Cr (10% margin). EBITDA was ₹27.10 Cr (17% margin). Revenue has grown at a compounded annual rate of +37% over three years and +49% over five years.

  • ₹156 CrRevenue · FY 2023 · +24% YoY
  • ₹15.89 CrNet profit · 10% margin
  • ₹27.10 CrEBITDA · 17% margin
  • ₹1 LakhPaid-up capital
  • 540Employees (provident fund records)
  • +37%Revenue CAGR, 3 years
  • +49%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mobiquity Softech Private Limited are on its company page.

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Detailed financial statements for Mobiquity

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Mobiquity

4 dated milestones of Mobiquity across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Mobiquity is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series C, of $19.1M.
  4. Exit Acquired by Hexaware.

Competitors of Mobiquity

Mobiquity has 2 listed competitors in our database. They include Social Panga and F1 Studioz.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
socialpanga.com2013Bengaluru, India330
Digital marketing, branding, and application development services are provided.
f1studioz.com2012Hyderabad, India512
UI/UX design services are offered in Hyderabad, India.
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Detailed competitors of Mobiquity

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Mobiquity

Websites that share an audience with Mobiquity (mobiquity.com).

Similar websites

Websites whose visitors overlap most with Mobiquity. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
observable.net
51%
View details
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Related news about Mobiquity

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Complete news archive for Mobiquity

Full article history, source details, and older brand coverage require an active premium plan.

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Verified entity values are shown only after access is granted.

Frequently Asked Questions about Mobiquity

Mobiquity was founded in 2011.

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

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 A of $5M, raised on Mar 2011.

Mobiquity has 540 employees.

The primary company behind Mobiquity, Mobiquity Softech Private Limited, reported revenue of ₹156 Cr for FY 2023, up 24% year on year.

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.

Mobiquity's top competitors include Social Panga and F1 Studioz.

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

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

Mobiquity operates through Mobiquity Softech Private Limited.

Yes. Mobiquity was acquired by Hexaware in June 2019.

The legal entities of Mobiquity currently have 3 directors, including Milankumar Dilipbhai Patel, Vikash Kumar Jain, Vinod Chandran.

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