About ProdyTel
ProdyTel is a company based in Germany founded in 2004 was acquired by Midwich Group in November 2023.. ProdyTel operates in a competitive market with competitors including Infinian Technology, Winncom Technologies, 802 Networks, TriNed and Irixi, among others.
- Headquarter Germany
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Midwich Group
(Nov 01, 2023)
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Funding Insights of ProdyTel
| 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 ProdyTel
ProdyTel has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Midwich Group. 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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Retail stores for appliances and technical products are operated.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 ProdyTel
| 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 - ProdyTel
| 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 |
Prodytel Comparisons
Competitors of ProdyTel
ProdyTel 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 Infinian Technology, Winncom Technologies, 802 Networks, TriNed and Irixi, 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 |
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| domain | founded_year | HQ Location |
Networking hardware distributor
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Global distributor of wireless, wired networking products and solutions.
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Distributes and supports wireless networks, IP cameras, and related services.
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Offers fast internet, TV, and calling through glass fiber networks.
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Distributes network hardware products to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Prodytel
Frequently Asked Questions about ProdyTel
When was ProdyTel founded?
ProdyTel was founded in 2004.
Where is ProdyTel located?
ProdyTel is headquartered in Germany.
What does ProdyTel do?
ProdyTel was established in 2004 and is based in Germany. IT hardware is distributed through established supply chains in the technology sector. Operations involve sourcing, logistics, and delivery of hardware components to businesses. The companys domain, prodytel.de, supports online transactions and information access. Focus remains on the European market, with services tailored to IT infrastructure needs for various industries.
Who are the top competitors of ProdyTel?
ProdyTel's top competitors include Infinian Technology, Pocketwifiturkey and Beijing Rongxin Information Technology.
Who are ProdyTel's investors?
ProdyTel has 1 investor. Key investors include Midwich Group.