About Sparc Technologies
Sparc Technologies is a company based in Hyderabad (India) founded in 2008. Sparc Technologies has raised $3.5 million across 1 funding round. The company has 58 employees as of March 22, 2024. Sparc Technologies has completed 1 acquisition, including Lucky Brand. Sparc Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Hyderabad, India
- Employees 58 as on 22 Mar, 2024
-
Sectors
Technology
-
Phone
*********
-
Website
*********
- Legal Name Sparc Cybertech Private Limited
- Date of Incorporation 09 Apr, 2008
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$1.67 M (USD)429.69as on Mar 31, 2023
-
Net Profit
$164.51 K (USD)845.2as on Mar 31, 2023
-
EBITDA
$287.63 K (USD)138.43as on Mar 31, 2023
-
Total Equity Funding
$3.5 M (USD)
in 1 rounds
-
Latest Funding Round
$3.5 M (USD), Series A
Nov 02, 2022
-
Investors
-
Employee Count
58
as on Mar 22, 2024
- Investments & Acquisitions
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
Funding Insights of Sparc Technologies
Sparc Technologies has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.5M
-
First Round
First Round
(02 Nov 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Sparc Technologies | Valuation |
investors |
|
Investments & Acquisitions by Sparc Technologies
Sparc Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lucky Brand.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Internet first brand of denim brand for men and women
|
1990 |
Financial Statements - Sparc Technologies
Sparc Technologies Comparisons
Competitors of Sparc Technologies
Sparc Technologies 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
|
|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
|
|
| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
|
|
| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
|
|
| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
Frequently Asked Questions about Sparc Technologies
Sparc Technologies was founded in 2008 and raised its 1st funding round 14 years after it was founded.
Sparc Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sparc Technologies is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Series A of $3.5M, raised on Nov 02, 2022.
As of Mar 22, 2024, the latest employee count at Sparc Technologies is 58.
Annual revenue of Sparc Technologies is $1.67M as on Mar 31, 2023.
SPARC was founded in 2008 and is headquartered in Hyderabad, India. Operations focus on the information technology sector, where custom application development and data analytics solutions are delivered to various clients. Services encompass software engineering, data processing, and analytical tools tailored for business needs. The company maintains its primary presence in India, supporting regional and international projects through its domain at sparctechnologies.com.
Sparc Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Sparc Technologies has made 1 acquisition, including Lucky Brand.