About Serviceberry
Serviceberry is a company based in Mumbai (India) founded in 2008 by Ashish Shivade and Anand Madhav was acquired by Accion Labs in July 2014.. The company has 150 employees as of March 29, 2024. Serviceberry offers products and services including ITSM, ITOM, ITBM, IRM, and HRSD. Serviceberry operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mumbai, India
- Employees 150 as on 29 Mar, 2024
- Founders Ashish Shivade, Anand Madhav
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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 Serviceberry Technologies Private Limited
- Date of Incorporation 25 Apr, 2008
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.06 M (USD)18.04as on Mar 31, 2023
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Net Profit
$78.33 K (USD)-67.93as on Mar 31, 2023
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EBITDA
$131.42 K (USD)-62.88as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
150
as on Mar 29, 2024
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Acquired by
Accion Labs
(Jul 01, 2014)
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Products & Services of Serviceberry
Serviceberry offers a comprehensive portfolio of products and services, including ITSM, ITOM, ITBM, IRM, and HRSD. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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Funding Insights of Serviceberry
| 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 |
Investors in Serviceberry
Serviceberry has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Accion Labs. 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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Software Technology Services Firm
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Serviceberry
| 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 - Serviceberry
| 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 |
Serviceberry Comparisons
Competitors of Serviceberry
Serviceberry 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. 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Serviceberry
Frequently Asked Questions about Serviceberry
When was Serviceberry founded?
Serviceberry was founded in 2008.
Where is Serviceberry located?
Serviceberry is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Serviceberry have?
As of Mar 29, 2024, the latest employee count at Serviceberry is 150.
What is the annual revenue of Serviceberry?
Annual revenue of Serviceberry is $5.06M as on Mar 31, 2023.
What does Serviceberry do?
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.
Who are the top competitors of Serviceberry?
Serviceberry's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Serviceberry offer?
Serviceberry offers ITSM, ITOM, ITBM, IRM, and 2 more products and services.
Who are Serviceberry's investors?
Serviceberry has 1 investor. Key investors include Accion Labs.
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