About Serviceberry
Serviceberry is a Technology company based in Mumbai (India) founded in 2008 by Ashish Shivade and Anand Madhav, and was acquired by Accion Labs in July 2014. IT operations and hybrid cloud management solutions are provided. The company has 150 employees. Its Indian entity Serviceberry Technologies Private Limited reported revenue of ₹29.51 Cr. Serviceberry offers products and services including ITSM, ITOM, ITBM, IRM, and HRSD. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Serviceberry was founded in 2008 in Mumbai, India, focusing on the IT services sector. Hybrid cloud management and IT operations solutions are delivered, encompassing data centre automation, IT analytics, mobility management, business service management, IT service management, application performance management, and SaaS-based monitoring. Operations are centered in India, supporting various enterprise needs in cloud and infrastructure efficiency.
- Headquarters Mumbai, India
- Employees 150
- Founders Ashish Shivade, Anand Madhav
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website service-berry.com
- Social LinkedIn X Facebook
- Acquired by Accion Labs (Jul 2014)
- Legal Name Serviceberry Technologies Private Limited
- Date of Incorporation 25 Apr, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹29.51 Cr
FY 2024 · -5% YoY
- Net Profit₹74 Lakh
FY 2024 · 3% margin
- EBITDA₹1.04 Cr
FY 2024 · 4% margin
- Investors
- Employee Count150
- Acquired byAccion Labs
(Jul 2014)
Associated legal entities of Serviceberry
Serviceberry operates through Serviceberry Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Serviceberry Technologies Private Limited CIN U72300MH2008PTC181589 | Amalgamated | 25 Apr 2008 | Mumbai, Maharashtra | ₹29.5 Cr | 130 | 3 | View details |
Products & Services of Serviceberry
Serviceberry offers a comprehensive portfolio of products and services, including ITSM, ITOM, ITBM, IRM, and HRSD.
Manages service experiences for business functions and digital strategies.
Enhances visibility and proactive monitoring of tech assets.
Drives agility in business strategies and financial portfolio visibility.
Secures data and ensures compliance with security operations tools.
Facilitates employee onboarding and HR task management efficiently.
Automates operations to improve customer experiences and meet SLAs.
Investors in Serviceberry
Serviceberry has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Accion Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software Technology Services Firm | 2011 | accionlabs.com | Pittsburgh, United States |
Investor details for Serviceberry
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Serviceberry Technologies Private Limited (Serviceberry)
Serviceberry Technologies Private Limited is the primary company behind Serviceberry. The board of Serviceberry Technologies Private Limited currently have 3 directors; the longest-serving is Ashutosh Maruti Bijoor, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashutosh Maruti Bijoor DIN 01425999 | Director | 26 Mar 2020 | 6 yrs 7 mo | Serviceberry Technologies Private Limited |
| Ramesh Narasimhan DIN 02044072 | Director | 26 Mar 2020 | 6 yrs 7 mo | Serviceberry Technologies Private Limited |
| Aneesh Garg DIN 03317491 | Director | 28 Mar 2024 | 2 yrs 7 mo | Serviceberry Technologies Private Limited |
People of Serviceberry
21 people are tracked at Serviceberry (5 in leadership, 16 in team); the tracked headcount is 150.
| Name | Role | Group |
|---|---|---|
Ashish Shivade | Co-Founder | Leadership |
Anand Madhav | Co-Founder | Leadership |
Tushar Chindarkar | Assistant Vice President | PMO Practice | Leadership |
Keyur Damani | CEO | Leadership |
Ravindra Patwardhan | Vice President - Servicenow Practice | Leadership |
Karishma Rajwani | Regional Sales Manager | Team |
Rahul Sharma | Associate Servicenow Developer | Team |
Sairaj Salvi | Servicenow Developer | Team |
Mandar Thakur | Service Delivery And Support | Team |
Himanshu Gupta | Servicenow Developer | Team |
Karan Chhabra | Senior Servicenow Developer | Team |
Zubin George | Service Delivery Manager | Team |
Srinivasa Murthyln | BSM Delivery And Support | Team |
Lovi Thomas | Service Delivery And Presales Manager | Team |
Amit Mahagaonkar | Manager - Service Delivery | Team |
Parth Mehta | Service Delivery Engineer | Team |
Dhruv Dodia | Servicenow Developer | Team |
Biju George | GM | Team |
Sandeep Reddy | Servicenow Consultant | Team |
Meghan Harmalkar | Senior Project Manager | Team |
1 more people are available in the full profile.
Complete people profiles for Serviceberry
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Serviceberry
Figures of Serviceberry Technologies Private Limited, the primary company behind Serviceberry, for FY 2024. Revenue was ₹29.51 Cr (-5% year on year). Net profit was ₹74 Lakh (3% margin). EBITDA was ₹1.04 Cr (4% margin). Revenue has grown at a compounded annual rate of -14% over three years and 0% over five years.
- ₹29.51 CrRevenue · FY 2024 · -5% YoY
- ₹74 LakhNet profit · 3% margin
- ₹1.04 CrEBITDA · 4% margin
- ₹1.18 CrPaid-up capital
- 130Employees (provident fund records)
- -14%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Serviceberry Technologies Private Limited are on its company page.
Detailed financial statements for Serviceberry
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Serviceberry
2 dated milestones of Serviceberry across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Serviceberry is founded.
- Exit Acquired by Accion Labs.
Competitors of Serviceberry
Serviceberry has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Serviceberry
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Serviceberry
The website of Serviceberry (service-berry.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 503.9% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Serviceberry
Complete news archive for Serviceberry
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Serviceberry
Serviceberry was founded in 2008.
Serviceberry is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Serviceberry has 150 employees.
The primary company behind Serviceberry, Serviceberry Technologies Private Limited, reported revenue of ₹29.51 Cr for FY 2024, down 5% year on year.
Serviceberry was founded in 2008 in Mumbai, India, focusing on the IT services sector. Hybrid cloud management and IT operations solutions are delivered, encompassing data centre automation, IT analytics, mobility management, business service management, IT service management, application performance management, and SaaS-based monitoring. Operations are centered in India, supporting various enterprise needs in cloud and infrastructure efficiency.
Serviceberry's top competitors include Happiest Minds and Datamatics.
Serviceberry offers ITSM, ITOM, ITBM, IRM, and 2 more products and services.
Serviceberry has 1 investor. Key investors include Accion Labs.
Serviceberry operates through Serviceberry Technologies Private Limited.
Yes. Serviceberry was acquired by Accion Labs in July 2014.
The legal entities of Serviceberry currently have 3 directors, including Aneesh Garg, Ashutosh Maruti Bijoor, Ramesh Narasimhan.