About SETAR
SETAR is a company based in Oranjestad (Aruba) founded in 1986. It operates as a Subscription Services, and Direct-to-Consumer (D2C). SETAR offers products and services including Mobile Plans, Internet Services, and Digital Cable TV. SETAR operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Oranjestad, Aruba
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Sectors
Telecommunications
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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 Setar Nv
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$4.2 M (USD), Grant
Apr 01, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of SETAR
SETAR offers a comprehensive portfolio of products and services, including Mobile Plans, Internet Services, and Digital Cable TV. 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.
Mobile plans are offered for various user needs.
Internet services are provided for residential and businesses.
Digital cable TV plans are available for subscribers.
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Funding Insights of SETAR
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $4.2M
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First Round
First Round
(01 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Grant - SETAR | Valuation |
investors |
| 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 SETAR
SETAR has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 SETAR
| 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 - SETAR
| 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 |
Setar Comparisons
Competitors of SETAR
SETAR 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 Jio, MTN, Airtel, Proximus Group and Optus, 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 |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication 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 Setar
Frequently Asked Questions about SETAR
When was SETAR founded?
SETAR was founded in 1986 and raised its 1st funding round 38 years after it was founded.
Where is SETAR located?
SETAR is headquartered in Oranjestad, Aruba.
What does SETAR do?
SETAR NV is involved in delivering telecommunications solutions across Aruba. Services are offered in mobile, internet, and digital cable TV sectors. Various plans including postpaid, prepaid, and hybrid mobile options are provided. Internet services are tailored for residential and business needs with standalone and bundled packages. Digital cable and IPTV plans are also made available to customers. The company focuses on enhancing connectivity through its LTE network and Wi-Fi optimization solutions.
Who are the top competitors of SETAR?
SETAR's top competitors include MTN, Proximus Group and AT&T.
What products or services does SETAR offer?
SETAR offers Mobile Plans, Internet Services, and Digital Cable TV.
Who are SETAR's investors?
SETAR has 1 investor. Key investors include European Union.