About Suma Soft
Suma Soft is a company based in Pune (India). It operates as a B2B. The company has 1,896 employees as of March 30, 2024. Suma Soft offers products and services including App Development, Software Testing, and BPO Services. Suma Soft operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Pune, India
- Employees 1896 as on 30 Mar, 2024
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Phone
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Website
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Social
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- Legal Name Suma Soft Private Limited
- Date of Incorporation 17 May, 2000
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$16.13 M (USD)0as on Mar 31, 2023
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Net Profit
$1.59 M (USD)0as on Mar 31, 2023
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EBITDA
$2.72 M (USD)0as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1896
as on Mar 30, 2024
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Products & Services of Suma Soft
Suma Soft offers a comprehensive portfolio of products and services, including App Development, Software Testing, and BPO Services. 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.
Develops scalable mobile applications using industry best practices
Automates testing for improved software quality and faster deployment
Manages outsourcing for healthcare and logistics operations efficiently
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Funding Insights of Suma Soft
| 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 |
Investments & Acquisitions by Suma Soft
| 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 - Suma Soft
| 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 |
Suma Soft Comparisons
Competitors of Suma Soft
Suma Soft 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, 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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IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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| domain | founded_year | HQ Location |
IT services for application modernization and development are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Suma Soft
Frequently Asked Questions about Suma Soft
Where is Suma Soft located?
Suma Soft is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Suma Soft have?
As of Mar 30, 2024, the latest employee count at Suma Soft is 1,896.
What is the annual revenue of Suma Soft?
Annual revenue of Suma Soft is $16.13M as on Mar 31, 2023.
What does Suma Soft do?
Operations of Suma Soft are centered in Pune, India, within the IT services sector. Business process outsourcing, web development, and IT outsourcing are handled as core services. The companys domain, sumasoft.com, supports these activities. Focus is placed on delivering these functions to clients across various industries, with a base established in the Indian market. No founding year is documented in available records.
Who are the top competitors of Suma Soft?
Suma Soft's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Suma Soft offer?
Suma Soft offers App Development, Software Testing, and BPO Services.
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