Polaris Consulting & Services

Chennai, India Founded: 1993 • Age: 33 yrs Acquired By Virtusa
Financial technology solutions are provided for banking and insurance sectors.
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About Polaris Consulting & Services

Polaris Consulting & Services is a company based in Chennai (India) founded in 1993 was acquired by Virtusa in November 2015.. The company has 12 employees as of April 01, 2024. Polaris Consulting & Services operates in a competitive market with competitors including Happiest Minds, Accenture, NTT DATA, Datamatics and Ciena, among others.

  • Headquarter Chennai, India
  • Employees 12 as on 01 Apr, 2024
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Polaris Consulting & Services Limited
  • Date of Incorporation 05 Jan, 1993
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $379.56 M (USD)
    25.82
    as on Mar 31, 2018
  • Net Profit
    $32.51 M (USD)
    40.2
    as on Mar 31, 2018
  • EBITDA
    $49.92 M (USD)
    45.84
    as on Mar 31, 2018
  • Latest Funding Round
  • Investors
  • Employee Count
    12

    as on Apr 01, 2024

  • Acquired by
    Virtusa

    (Nov 05, 2015)

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People of Polaris Consulting & Services
Headcount 10000+
Employee Profiles 11
Employee Profiles
People
Sachin Dabholkar
Asst Vice President Principal Consultant
People
Ankur Garg
Qlikview Consultant
People
Vijay Anand
Sr Business Analyst
People
Ganesh Babu
Manager

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Funding Insights of Polaris Consulting & Services

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

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Investors in Polaris Consulting & Services

Polaris Consulting & Services has secured backing from 1 investor. Prominent investors backing the company include Virtusa. 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
Investor Description Founded Year Domain Location
IT consulting, technology, and outsourcing services are delivered globally.
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 Polaris Consulting & Services

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

Financial Statements - Polaris Consulting Services

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

Polaris Consulting & Services Comparisons

Employees
+
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Competitors of Polaris Consulting & Services

Polaris Consulting & Services 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 Happiest Minds, Accenture, NTT DATA, Datamatics and Ciena, 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 outsourcing services are delivered across multiple business lines.
domain founded_year HQ Location
IT and management consultancy services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
Cloud-based text analytics and cognitive automation services are provided.
domain founded_year HQ Location
Cloud-based network management software is provided for infrastructure planning.
domain founded_year HQ Location
Provider of outsourcing and business services
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 Polaris Consulting & Services

Frequently Asked Questions about Polaris Consulting & Services

When was Polaris Consulting & Services founded?

Polaris Consulting & Services was founded in 1993.

Where is Polaris Consulting & Services located?

Polaris Consulting & Services is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

How many employees does Polaris Consulting & Services have?

As of Apr 01, 2024, the latest employee count at Polaris Consulting & Services is 12.

What is the annual revenue of Polaris Consulting & Services?

Annual revenue of Polaris Consulting & Services is $379.56M as on Mar 31, 2018.

What does Polaris Consulting & Services do?

Polaris Consulting Services was founded in 1993 in Chennai, India. Operations are conducted in the financial technology sector. Services encompass core banking software, insurance solutions, wealth management systems, asset management tools, consulting, and outsourcing. Financial technology products and practices are offered to support banking and corporate institutions. IT services are delivered to enhance operational processes in the sector.

Who are the top competitors of Polaris Consulting & Services?

Polaris Consulting & Services's top competitors include DigitalOcean, Quess and Happiest Minds.

Who are Polaris Consulting & Services's investors?

Polaris Consulting & Services has 1 investor. Key investors include Virtusa.

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