About Saksoft
Saksoft is a company based in Chennai (India) founded in 1999 by Aditya Krishna.. The company has 2,370 employees as of March 31, 2024. Saksoft has completed 8 acquisitions, including 360logica, Acuma Solutions and Ceptes. Saksoft operates in a competitive market with competitors including TaskUs, AKQA, Unicorn, Hancom and AlmavivA, among others.
- Headquarter Chennai, India
- Employees 2370 as on 31 Mar, 2024
- Founders Aditya Krishna
- Stage Public
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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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- Legal Name Saksoft Limited
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Annual Revenue
$103.15 M (USD)15.94as on Mar 31, 2024
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Net Profit
$12.73 M (USD)13.13as on Mar 31, 2024
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EBITDA
$17.29 M (USD)7.19as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2370
as on Mar 31, 2024
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Investments & Acquisitions
360logica
& 7 more
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IPO & Listings of Saksoft
Saksoft is a publicly listed company on the NSE with ticker symbol SAKSOFT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Saksoft
| 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 |
Investments & Acquisitions by Saksoft
Saksoft has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include 360logica, Acuma Solutions and Ceptes. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Custom application development and change management services are provided.
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2017 | ||||
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E-commerce development services are provided for businesses by Solveda.
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2013 | ||||
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Provider of billing, revenue cycle management, and BI services for healthcare sector
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Saksoft
| 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 |
Saksoft Comparisons
Competitors of Saksoft
Saksoft 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 TaskUs, AKQA, Unicorn, Hancom and AlmavivA, 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 |
Provider of customer care and back office support services for multiple sectors
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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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 |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| 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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| 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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Latest news on Saksoft
Frequently Asked Questions about Saksoft
When was Saksoft founded?
Saksoft was founded in 1999.
Where is Saksoft located?
Saksoft is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does Saksoft have?
As of Mar 31, 2024, the latest employee count at Saksoft is 2,370.
What is the annual revenue of Saksoft?
Annual revenue of Saksoft is $103.15M as on Mar 31, 2024.
What does Saksoft do?
Saksoft was founded in 1999 and is headquartered in Chennai, India. IT services, including software development, testing, and digital solutions, are delivered to clients across various sectors. Operations focus on offshore and onsite models, with emphasis on application management and cloud integration. The company is led by founder Aditya Krishna as Chairman and Managing Director. Services extend to international markets from its Indian base.
Who are the top competitors of Saksoft?
Is Saksoft publicly traded?
Yes, Saksoft is publicly traded on NSE under the ticker symbol SAKSOFT.
How many acquisitions has Saksoft made?
Saksoft has made 8 acquisitions, including 360logica, Acuma Solutions, and Ceptes.
What is Saksoft's ticker symbol?
The ticker symbol of Saksoft is SAKSOFT on NSE.
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