Planit

Sydney, Australia Founded: 1997 • Age: 29 yrs Acquired By NRI
Software testing and training services are provided by Planit.

About Planit

Planit is a company based in Sydney (Australia) founded in 1997 was acquired by NRI in May 2021. It operates as a Professional Services, and Managed Services. The company has 365 employees as of April 08, 2024. Planit has completed 3 acquisitions, including Qual IT, Shift Left and TenXLabs. Planit offers products and services including Quality Engineering, Test Automation, Performance Testing, Security Testing, and Accessibility Testing. Planit operates in a competitive market with competitors including QualiTest, Cigniti, Logigear, SQS and App Labs, among others.

  • Headquarter Sydney, Australia
  • Employees 365 as on 08 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Planit Testing
  • Date of Incorporation 01 Jun, 2016
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $5.29 M (USD)
    59.36
    as on Jun 30, 2023
  • Net Profit
    $512.6 K (USD)
    291.03
    as on Jun 30, 2023
  • EBITDA
    $553.84 K (USD)
    336.79
    as on Jun 30, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    365

    as on Apr 08, 2024

  • Investments & Acquisitions
    Qual IT

    & 2 more

  • Acquired by
    NRI

    (May 17, 2021)

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Products & Services of Planit

Planit offers a comprehensive portfolio of products and services, including Quality Engineering, Test Automation, Performance Testing, Security Testing, and Accessibility Testing. 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

Quality is optimized throughout the software development lifecycle.

Automation is leveraged to enhance quality and efficiency.

Performance risks are mitigated through specialized testing services.

Security risks are addressed to protect valuable information.

Accessibility standards are met to enhance user inclusivity.

Funding Insights of Planit

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 Planit

Planit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nomura Research Institute. 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
Institutional
Investor Description Founded Year Domain Location
Management consulting and IT solutions are provided by NRI.
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 Planit

Planit has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Qual IT, Shift Left and TenXLabs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Business intelligence, DevOps, and IT support services are provided.
2015
Software testing services from application to infrastructure are specialized in.
2010
Software testing and assurance services are delivered in New Zealand.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Planit

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

Planit Comparisons

Employees
+
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Competitors of Planit

Planit 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 QualiTest, Cigniti, Logigear, SQS and App Labs, 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
Software testing services are provided across multiple industries.
domain founded_year HQ Location
Independent software testing services are provided with proprietary tools.
domain founded_year HQ Location
Provider of software testing services
domain founded_year HQ Location
Software testing services are provided across various industries by SQS.
domain founded_year HQ Location
Provider of software testing services
domain founded_year HQ Location
Software testing services are delivered to support quality assurance needs.
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 Planit

Frequently Asked Questions about Planit

When was Planit founded?

Planit was founded in 1997.

Where is Planit located?

Planit is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

How many employees does Planit have?

As of Apr 08, 2024, the latest employee count at Planit is 365.

What is the annual revenue of Planit?

Annual revenue of Planit is $5.29M as on Jun 30, 2023.

What does Planit do?

Planit is established as a global leader in software quality assurance and testing services. The company is focused on delivering quality engineering solutions across various industries including banking, healthcare, retail, and education. Services are provided in areas such as test automation, performance testing, security, and accessibility testing. Solutions are tailored to enhance customer experience, mitigate risks, and optimize delivery. With a presence in multiple countries, Planit is committed to embedding quality throughout the software lifecycle. Expertise is offered in technologies like Salesforce, SAP, and mobile app testing. Training programs are also provided to build capability in quality assurance.

Who are the top competitors of Planit?

Planit's top competitors include QualiTest, Cigniti and SOAIS.

What products or services does Planit offer?

Planit offers Quality Engineering, Test Automation, Performance Testing, Security Testing, and Accessibility Testing.

How many acquisitions has Planit made?

Planit has made 3 acquisitions, including Qual IT, Shift Left, and TenXLabs.

Who are Planit's investors?

Planit has 1 investor. Key investors include Nomura Research Institute.

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