About Parinati Solutions
Parinati Solutions is a company based in Mumbai (India) founded in 2010 was acquired by Accion Labs in September 2015.. The company has 36 employees as of April 08, 2024. Parinati Solutions operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.
- Headquarter Mumbai, India
- Employees 36 as on 08 Apr, 2024
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Sectors
Technology
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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 Parinati Solutions Private Limited
- Date of Incorporation 25 Sep, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$953.06 K (USD)4.23as on Mar 31, 2020
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Net Profit
$90.86 K (USD)113.92as on Mar 31, 2020
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EBITDA
$159.38 K (USD)319.39as on Mar 31, 2020
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Latest Funding Round
- Investors
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Employee Count
36
as on Apr 08, 2024
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Acquired by
Accion Labs
(Sep 02, 2015)
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Funding Insights of Parinati Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parinati Solutions
Parinati Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Accion Labs. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Software Technology Services Firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Parinati Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Parinati Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parinati Solutions Comparisons
Competitors of Parinati Solutions
Parinati Solutions 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, Kontron, Unicorn and Gigster, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Embedded computing platforms are developed for industrial applications.
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| domain | founded_year | HQ Location |
Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Software development services are provided via an AI-powered platform.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Parinati Solutions
When was Parinati Solutions founded?
Parinati Solutions was founded in 2010.
Where is Parinati Solutions located?
Parinati Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Parinati Solutions have?
As of Apr 08, 2024, the latest employee count at Parinati Solutions is 36.
What is the annual revenue of Parinati Solutions?
Annual revenue of Parinati Solutions is $953.06K as on Mar 31, 2020.
What does Parinati Solutions do?
Parinati provides IT services and solutions. Services provided include application development and maintenance, mobility solutions, payments practise, managed captive services, and technology partnership with startups. It was acquired by Accion Labs to provide more effective services to clients in US, UK, Singapore, Malaysia and Australia.
Who are the top competitors of Parinati Solutions?
Parinati Solutions's top competitors include RedShelf, Unicorn and Hedgehog lab.
Who are Parinati Solutions's investors?
Parinati Solutions has 1 investor. Key investors include Accion Labs.
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