About Movate
Movate is a Business Services company based in Plano (United States) founded in 1996, and was acquired by Capital Square Partners in February 2021. It operates as an IT suite services including digital transformation and AI are provided. It operates in the Business Services and Technology sectors. Movate has raised $77.5 million across 5 funding rounds from investors including Goldman Sachs, Morgan Stanley and Partners Group. The company has 5,798 employees. Movate has completed 3 acquisitions, including Directly OnDemand, Prescience Decision Solutions and TSD Global. Its chief executive is Sunil Mittal. Its website movate.com draws about 63 thousand monthly visits. Its Indian entity Movate Technologies Private Limited reported revenue of ₹768 Cr. Movate offers products and services including Digital Infrastructure Services, Movate Edison, Movate Insights, and Digital Engineering and Insights. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal. Its competitors include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Movate was founded in 1996 and is headquartered in Plano, United States. Operations focus on the IT services sector, where a variety of offerings are delivered, such as application development, automation, data analytics, cloud solutions, networking, cybersecurity, support services, and customer success management. The organization supports businesses through these capabilities, with leadership provided by CEO Sunil Mittal.
- Headquarters Plano, United States
- Employees 5,798
- SectorsBusiness ServicesTechnology
- Website category Jobs and Career · Jobs and Employment
- Email••••••••
- Website movate.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Capital Square Partners (Feb 2021)
- Legal Name Movate Technologies Private Limited
- Date of Incorporation 25 Jul, 2000
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹768 Cr
FY 2025 · +7% YoY
- Net Profit₹35.15 Cr
FY 2025 · 5% margin
- EBITDA₹132 Cr
FY 2025 · 17% margin
- Total Equity Funding$77.5M (USD)
in 5 rounds
- InvestorsGoldman Sachs
& 6 more
- Employee Count5,798
- Investments & AcquisitionsDirectly OnDemand
& 2 more
- Acquired by
Associated legal entities of Movate
Movate operates through Movate Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Movate Technologies Private Limited CIN U72900TN2000PTC115034 | Active | 25 Jul 2000 | Chennai, Tamil Nadu | ₹768 Cr | 5,798 | 5 | View details |
Products & Services of Movate
Movate offers a comprehensive portfolio of products and services, including Digital Infrastructure Services, Movate Edison, Movate Insights, and Digital Engineering and Insights.
Provides holistic IT ecosystem management for agility and security.
AI-powered platform for customized CX transformation solutions.
Platform enabling empathetic conversations through intent analytics.
Accelerates digital transformation with analytics and app development.
Apps and channels of Movate
its YouTube channel Movate has 6.66K subscribers and 30 videos.
Videos from Movate
The most watched videos on Movate's YouTube channel, Movate (6.66K subscribers). Click a video to play it here.
More on Movate.
Funding Insights of Movate
Movate has successfully raised a total of $77.5M across 5 strategic funding rounds. 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 $77.5M
- Total Rounds 5
- First Round $22.5M
(Jun 2006)
- Investors Count 5
All 5 funding rounds of Movate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | – | Series C | – | Onex Falcon, Morgan Stanley | – |
| Jul 2021 | – | Debt – Conventional | – | – | |
| Feb 2021 | $30M | Series C | – | Startek | – |
| Apr 2007 | $25M | Series B | – | Goldman Sachs | – |
| Jun 2006 | $22.5M | Series A | – | Elevation Capital | – |
7 investors in total: 7 institutional.
Investors in Movate
Movate has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Morgan Stanley and Partners Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Opportunistic private debt investments are targeted by the fund. | – | onexfalcon.com | Boston, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Private equity funds are managed across multiple sectors globally. | 1996 | partnersgroup.com | Baar, Switzerland | |
Leveraged buyouts are pursued by this private equity firm. | – | capitalsquarepartners.com | Singapore, Singapore | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Provider of customer experience solutions and connectivity accessories | 1987 | startek.com | Denver, United States |
Investor details for Movate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Movate Technologies Private Limited (Movate)
Movate Technologies Private Limited is the primary company behind Movate. The board of Movate Technologies Private Limited currently have 3 directors; the longest-serving is Anish Philip, appointed in 2022. 24 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anish Philip DIN 09600386 | Director | 10 May 2022 | 4 yrs 5 mo | Movate Technologies Private Limited |
| Rajkumar Manee DIN 06689088 | Director | 17 Oct 2024 | 1 yr 11 mo | Movate Technologies Private Limited |
| Jay Prakash Sahal DIN 09282060 | Director | 13 May 2025 | 1 yr 5 mo | Movate Technologies Private Limited |
People of Movate
258 people are tracked at Movate (102 in leadership, 156 in team); the tracked headcount is 5,798.
| Name | Role | Group |
|---|---|---|
Sunil Mittal | CEO | Leadership |
Sriram Chandrasekharn | Delivery Director | Leadership |
Vinuta Shankar | Vice President - Human Resources | Head HR - Americas | Leadership |
Vivian Gomes | SVP, Chief Marketing Officer | Leadership |
Nirmal K Thirumalai | Vice President & Associate Delivery Head | Leadership |
Balachander R | Client Partner Manager - Digital Engineering | AI | Automation | Modern Apps | Leadership |
Adriana Gibson | Executive Assistant To Chief Executive Officer | Leadership |
Feroz Chera | Director | Leadership |
Brahadeeswaran Balasubramaniam | Senior Director Finance | Leadership |
Ramesh Kumar | VP - Finance | Leadership |
Venkataramaraju Peruboyina | Director Of Operations Support | Leadership |
Jeff Farr | Senior Vice President Of Sales | Leadership |
Magdalena Białobrzewska | HR Associate Director | Leadership |
Gayle Valencia | Executive Assistant To The Chief Delivery Officer | Leadership |
Kristen Hein | Senior Vice President, Sales & Account Management | Leadership |
Arun Gopalakrishnan | Executive Vice President & Chief Commercial Officer | Leadership |
Uday B. | Associate Director - Consumer & Enterprise Support Solutions | Leadership |
Mandeep Kwatra | Business Head | Leadership |
Rahul Joshi | SVP, CTO | Leadership |
Pallavi Rao | Senior Sales Director India | Leadership |
238 more people are available in the full profile.
Complete people profiles for Movate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Movate
Figures of Movate Technologies Private Limited, the primary company behind Movate, for FY 2025. Revenue was ₹768 Cr (+7% year on year). Net profit was ₹35.15 Cr (5% margin). EBITDA was ₹132 Cr (17% margin). Revenue has grown at a compounded annual rate of +7% over three years and +10% over five years.
- ₹768 CrRevenue · FY 2025 · +7% YoY
- ₹35.15 CrNet profit · 5% margin
- ₹132 CrEBITDA · 17% margin
- ₹23.86 CrPaid-up capital
- 5,798Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Movate Technologies Private Limited are on its company page.
Detailed financial statements for Movate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Movate
Movate has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Directly OnDemand, Prescience Decision Solutions and TSD Global.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-based analytics solutions are delivered for offline retailers. | prescienceds.com | Bengaluru, India | 2017 | May 2025 | •••• | |
Provider of customer experience outsourcing services with a unique approach to solving business challenges | tsdglobal.com | Carmel, United States | 1989 | Oct 2023 | •••• | |
Helpdesk tickets are routed to crowdsourced experts using skill-based filtering. | directly.com | Palo Alto, United States | 2011 | Mar 2022 | •••• |
Complete acquisition details for Movate
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
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Verified entity values are shown only after access is granted.
Timeline of Movate
8 dated milestones of Movate across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Movate is founded.
- Funding First funding round of $22.5M.
- Exit Acquired by Partners Group.
- Exit Acquired by Capital Square Partners.
- Funding Latest funding round, Debt – Conventional,.
- Acquisition Acquires Directly OnDemand.
- Acquisition Acquires TSD Global.
- Acquisition Acquires Prescience Decision Solutions.
Competitors of Movate
Movate has 9 listed competitors in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Movate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Movate
The website of Movate (movate.com) receives about 62.9K visits a month and ranks #494,656 among all websites worldwide, #7,713 in Jobs and Employment.
- Monthly visits62.9K
▼ 1.6% vs previous month
- Unique visitors28.3K
per month
- Global rank#494,656
among all websites
- Category rank#7,713
Jobs and Career · Jobs and Employment
- Bounce rate37%
- Pages per visit2.8
- Average visit1 min 06 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Movate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ksolves.com | 100% | 76.8K | #406,872 | View details | |
| naukri.com | 96% | 29M | #1,336 | View details | |
msc-technology.com | msc-technology.com | 95% | – | #2,626,114 | – |
| roboyo.global | 92% | 24.7K | #1,098,823 | View details | |
| macgence.com | 92% | 25.9K | #1,032,428 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Movate
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- 22 similar websites
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Top companies in Digital Transformation & Automation Services
10 companies that operate in the same segment as Movate (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 4,620 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | USD 2.64 M | USD 11.22 B | 35,800 | |
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | – | 35 | |
Provider of end-to-end business process outsourcing services | 1997 | New York, New York, United States | – | USD 5.08 B | 140,000 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 19.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | Koto, Tokyo, Japan | – | USD 31.05 B | 197,780 |
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Related news about Movate
Complete news archive for Movate
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Frequently Asked Questions about Movate
Movate was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Movate is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
Sunil Mittal is the current CEO of Movate.
Movate is a funded company, having raised a total of $77.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $22.5M, raised on Jun 2006.
Movate has 5,798 employees.
The primary company behind Movate, Movate Technologies Private Limited, reported revenue of ₹768 Cr for FY 2025, up 7% year on year.
Movate was founded in 1996 and is headquartered in Plano, United States. Operations focus on the IT services sector, where a variety of offerings are delivered, such as application development, automation, data analytics, cloud solutions, networking, cybersecurity, support services, and customer success management. The organization supports businesses through these capabilities, with leadership provided by CEO Sunil Mittal.
Movate's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Movate offers Digital Infrastructure Services, Movate Edison, Movate Insights, and Digital Engineering and Insights.
Movate has made 3 acquisitions, including Directly OnDemand, Prescience Decision Solutions, and TSD Global.
Movate has 7 investors. Key investors include Goldman Sachs, Morgan Stanley, Partners Group, Startek, and Onex Falcon.
Movate operates through Movate Technologies Private Limited.