About SUMIT
SUMIT is a company based in Mostar (Bosnia And Herzegovina) founded in 1992.. SUMIT operates in a competitive market with competitors including The Open University, University of Houston, University Dzemal Bijedic Mostar, University of Bihac and University of Sarajevo, among others.
- Headquarter Mostar, Bosnia And Herzegovina
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$87.27 K (USD), Grant
Jan 16, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of SUMIT
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $87,271
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First Round
First Round
(01 Sep 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Grant - SUMIT | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - SUMIT | Valuation |
investors |
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| Nov, 2020 | Amount | Grant - SUMIT | 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 SUMIT
SUMIT 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 SUMIT
| 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 - SUMIT
| 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 |
Sumit Comparisons
Competitors of SUMIT
SUMIT 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 The Open University, University of Houston, University Dzemal Bijedic Mostar, University of Bihac and University of Sarajevo, 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 |
Multiple courses and degrees are offered across diversified academic streams.
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| domain | founded_year | HQ Location |
Multiple courses and degrees are offered across diversified academic streams.
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| domain | founded_year | HQ Location |
Diverse study programs and research opportunities are offered across faculties.
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| domain | founded_year | HQ Location |
Academic programs and research opportunities are offered across disciplines.
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| domain | founded_year | HQ Location |
Academic programs and research opportunities are provided in diverse fields.
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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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Frequently Asked Questions about SUMIT
When was SUMIT founded?
SUMIT was founded in 1992 and raised its 1st funding round 23 years after it was founded.
Where is SUMIT located?
SUMIT is headquartered in Mostar, Bosnia And Herzegovina.
What does SUMIT do?
SUMIT, founded in 1992 in Mostar, Bosnia And Herzegovina, focuses on involved in educational services, higher education institutions, engineering, science and technology, and government funded. Institute offering multiple courses across engineering and technology streams. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of SUMIT?
SUMIT's top competitors include The Open University, University of Houston and University Dzemal Bijedic Mostar.
Who are SUMIT's investors?
SUMIT has 1 investor. Key investors include European Union.