About Ray Business Technologies
Ray Business Technologies is a company based in Hyderabad (India) founded in 2009 by Ajay Ray and Ajay Gupta. Ray Business Technologies has raised $52.35 thousand across 1 funding round from investors including MATRIX ONLINE SOLUTIONS. The company has 136 employees as of April 07, 2024. Ray Business Technologies has completed 1 acquisition, including QuickEdmin. Ray Business Technologies offers products and services including AI Solutions, Dynamics 365, Boomi Integrations, and Microsoft Azure. Ray Business Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Hyderabad, India
- Employees 136 as on 07 Apr, 2024
- Founders Ajay Ray, Ajay Gupta
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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 Ray Business Technologies Private Limited
- Date of Incorporation 12 Oct, 2009
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.26 M (USD)48.55as on Mar 31, 2023
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Net Profit
$279.75 K (USD)60.62as on Mar 31, 2023
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EBITDA
$539.9 K (USD)33.16as on Mar 31, 2023
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Total Equity Funding
$52.35 K (USD)
in 1 rounds
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Latest Funding Round
$52.35 K (USD), Seed
Jan 20, 2010
- Investors
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Employee Count
136
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Ray Business Technologies
Ray Business Technologies offers a comprehensive portfolio of products and services, including AI Solutions, Dynamics 365, Boomi Integrations, and Microsoft Azure.
Delivers conversational AI and document automation for business processes
Provides ERP and CRM tools to streamline operations and analytics
Enables seamless application connections for data unification
Offers scalable cloud infrastructure for secure data management
People of Ray Business Technologies
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Funding Insights of Ray Business Technologies
Ray Business Technologies has successfully raised a total of $52.35K through 1 strategic funding round. The most recent funding activity was a Seed round of $52.35 thousand completed in January 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ray Business Technologies
Ray Business Technologies has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MATRIX ONLINE SOLUTIONS.
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Private equity firm focused on multiple sectors
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Investor details for Ray Business Technologies
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Investments & Acquisitions by Ray Business Technologies
Ray Business Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QuickEdmin.
Investment portfolio details for Ray Business Technologies
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Complete acquisition details for Ray Business Technologies
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Financial Statements - Ray Business Technologies
Detailed financials for Ray Business Technologies
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Ray Business Technologies Comparisons
Peer comparison for Ray Business Technologies
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Competitors of Ray Business Technologies
Ray Business Technologies 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Ray Business Technologies
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Latest news on Ray Business Technologies
Complete news archive for Ray Business Technologies
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Frequently Asked Questions about Ray Business Technologies
Ray Business Technologies was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Ray Business Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ray Business Technologies is a funded company, having raised a total of $52.35K across 1 funding round to date.
As of Apr 07, 2024, the latest employee count at Ray Business Technologies is 136.
Annual revenue of Ray Business Technologies is $3.26M as on Mar 31, 2023.
Ray Business Technologies was founded in 2009 and is headquartered in Hyderabad, India. IT services are provided to sectors including BFSI, healthcare, manufacturing, retail, media and entertainment, travel and hospitality, telecom, energy, and utilities. Offerings encompass business application development, enterprise solutions, collaboration tools, testing and quality assurance, embedded systems, cloud computing, AI solutions, and IT management. Operations focus on comprehensive support for business needs.
Ray Business Technologies's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Ray Business Technologies offers AI Solutions, Dynamics 365, Boomi Integrations, and Microsoft Azure.
Ray Business Technologies has made 1 acquisition, including QuickEdmin.
Ray Business Technologies has 1 investor. Key investors include MATRIX ONLINE SOLUTIONS.
The valuation of Ray Business Technologies is $130.52K as of Jan 2010.