About SnapWork
SnapWork is a company based in Mumbai (India) founded in 2009 by Salil Chandrashekar and Deepak Nihalani. SnapWork has raised $7.85 million across 1 funding round from investors including Bajaj Finserv. The company has 187 employees as of April 03, 2024. SnapWork operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Mumbai, India
- Employees 187 as on 03 Apr, 2024
- Founders Salil Chandrashekar, Deepak Nihalani
- Stage Minicorn
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Sectors
Business ServicesTechnology
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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 Snapwork Technologies Private Limited
- Date of Incorporation 24 Sep, 2008
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$5.36 M (USD)32.15as on Mar 31, 2023
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Net Profit
$870.99 K (USD)40as on Mar 31, 2023
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EBITDA
$1.15 M (USD)5.85as on Mar 31, 2023
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Total Equity Funding
$7.85 M (USD)
in 1 rounds
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Latest Funding Round
$7.85 M (USD), Seed
Nov 26, 2022
- Investors
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Employee Count
187
as on Apr 03, 2024
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Funding Insights of SnapWork
SnapWork has successfully raised a total of $7.85M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.85 million completed in November 2022. 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 SnapWork
SnapWork has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bajaj Finserv.
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Financial solutions including loans and insurance are offered.
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Investor details for SnapWork
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Investments & Acquisitions by SnapWork
Investment portfolio details for SnapWork
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Financial Statements - SnapWork
Detailed financials for SnapWork
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Snapwork Comparisons
Peer comparison for SnapWork
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Competitors of SnapWork
SnapWork 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 NTT DATA, 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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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of SnapWork
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Latest news on Snapwork
Complete news archive for SnapWork
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Frequently Asked Questions about SnapWork
SnapWork was founded in 2009 and raised its 1st funding round 13 years after it was founded.
SnapWork is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
SnapWork is a funded company, having raised a total of $7.85M across 1 funding round to date.
As of Apr 03, 2024, the latest employee count at SnapWork is 187.
Annual revenue of SnapWork is $5.36M as on Mar 31, 2023.
Provider of IT suite services. It offers a wide range of services like mobile application, agile cloud native development, UIUX design, cloud, DevOps, and digital transformation to leading financial and insurance enterprises. It focuses on user-centric research, refined interface design, process efficiency, and advanced development to support its clients strategic goals.
SnapWork's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
SnapWork has 1 investor. Key investors include Bajaj Finserv.
The valuation of SnapWork is $28.39M as of Nov 2022.