Panacea Infotech

Pune, India Founded: 2004 • Age: 22 yrs Acquired By Katalyst
Web design and custom application development services are provided.
Annual revenue $207,989 Latest available
Total funding - Funding intelligence
Employees 3 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Panacea Infotech

Panacea Infotech is a company based in Pune (India) founded in 2004 was acquired by Katalyst in May 2018. It operates as a SaaS (Software-as-a-Service) and Professional Services. The company has 3 employees as of April 10, 2024. Panacea Infotech offers products and services including Ensoul HRMS™, GrexPro™, and Trexo Pro™. Panacea Infotech operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.

  • Headquarter Pune, India
  • Employees 3 as on 10 Apr, 2024
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Panaceatek
  • Date of Incorporation 28 Jun, 2004
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $207.99 K (USD)
    18124.77
    as on Mar 31, 2022
  • Net Profit
    -$364.97 K (USD)
    48.66
    as on Mar 31, 2022
  • EBITDA
    -$230.31 K (USD)
    64.46
    as on Mar 31, 2022
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    3

    as on Apr 10, 2024

  • Acquired by
    Katalyst

    (May 08, 2018)

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Products & Services of Panacea Infotech

Panacea Infotech offers a comprehensive portfolio of products and services, including Ensoul HRMS™, GrexPro™, and Trexo Pro™.

Product name locked
Category locked
Primary

Software for managing human resources and employee data efficiently.

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Solution designed to address various business operational needs effectively.

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Platform developed for enterprise-level management and operational tasks.

Funding Insights of Panacea Infotech

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Detailed funding history for Panacea Infotech

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Investors in Panacea Infotech

Panacea Infotech has secured backing from 1 investor. Prominent investors backing the company include Katalyst Technologies.

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Investor Description Founded Year Domain Location
Offers IT services, software products, and consulting for enterprise applications and digital commerce.
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Investor details for Panacea Infotech

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Investments & Acquisitions by Panacea Infotech

Investments
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Investment portfolio details for Panacea Infotech

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Financial Statements - Panacea Infotech

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Detailed financials for Panacea Infotech

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Panacea Infotech Comparisons

Panacea Infotech Primary company
Description
Web design and custom application development services are p...
Location
Pune, India
Founded Year
2004
Annual Revenue
$207.99 K (USD)
Net Profit
-$364.97 K (USD)
EBITDA
-$230.31 K (USD)
Employees
3
As of 2024
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Peer comparison for Panacea Infotech

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Competitors of Panacea Infotech

Panacea Infotech 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.

Company Name Domain Founded year HQ Location Description
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Mobile apps and IoT solutions are developed across platforms.
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IT services for application modernization and development are offered.
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Detailed competitors of Panacea Infotech

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Latest news on Panacea Infotech

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Complete news archive for Panacea Infotech

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Frequently Asked Questions about Panacea Infotech

Panacea Infotech was founded in 2004.

Panacea Infotech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

As of Apr 10, 2024, the latest employee count at Panacea Infotech is 3.

Annual revenue of Panacea Infotech is $207.99K as on Mar 31, 2022.

Panaceatek is established as a prominent provider of digital software solutions and IT services. The company is focused on delivering customized digital transformation solutions across various industries, including banking, healthcare, education, and real estate. Services offered include artificial intelligence, content management, and e-commerce solutions. The company is dedicated to integrating functional software, enhancing engineering designs, and executing projects to meet client needs. Solutions are tailored to drive business growth and address complex challenges in a multi-vendor IT ecosystem.

Panacea Infotech's top competitors include Hedgehog lab, AlmavivA and AKQA.

Panacea Infotech offers Ensoul HRMS™, GrexPro™, and Trexo Pro™.

Panacea Infotech has 1 investor. Key investors include Katalyst Technologies.

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