Suventure

Bengaluru, India Founded: 2012 • Age: 14 yrs
End-to-end IT service provider
Annual revenue $808,892 Latest available
Total funding $177,803 2 rounds
Employees 50 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Suventure

Suventure is a company based in Bengaluru (India) founded in 2012 by Vir Bhanu and Dipankar Gupta. Suventure has raised $177.8 thousand across 2 funding rounds from investors including Nature Eco Ventures and Manoj Kumar. The company has 50 employees as of April 06, 2024. Suventure offers products and services including Application Development, Mobility Solutions, Data Analytics, and Cloud Services. Suventure operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Bengaluru, India
  • Employees 50 as on 06 Apr, 2024
  • Founders Vir Bhanu, Dipankar Gupta
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Suventure Services Private Limited
  • Date of Incorporation 04 Dec, 2012
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $808.89 K (USD)
    92.04
    as on Mar 31, 2022
  • Net Profit
    $50.21 K (USD)
    301.13
    as on Mar 31, 2022
  • EBITDA
    $125.85 K (USD)
    121.33
    as on Mar 31, 2022
  • Total Equity Funding
    $177.8 K (USD)

    in 2 rounds

  • Latest Funding Round
    $14.64 K (USD), Angel Round

    Nov 11, 2014

  • Investors
  • Employee Count
    50

    as on Apr 06, 2024

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Products & Services of Suventure

Suventure offers a comprehensive portfolio of products and services, including Application Development, Mobility Solutions, Data Analytics, and Cloud Services.

Product name locked
Category locked
Primary

Delivers scalable enterprise applications for client needs.

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Creates mobile applications for enhanced business efficiency.

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Provides analytics to derive insights from business data.

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Offers cloud solutions for agile and secure operations.

People of Suventure

Headcount 50-200
Employee Profiles 10
Board Members and Advisors 2
Employee Profiles
People
Nishith Verma
Senior Vice President Of Sales
People
Vir Bhanu
CEO & MD
People
Dipankar Gupta
Director & Head Sales & Marketing
People
Harsha Jayaramaiah
Director Delivery, Head Engineering Research & Development

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Board Members and Advisors
people
Alok Sharma
Advisor
people
Manoj Kumar
Advisor

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Funding Insights of Suventure

Suventure has successfully raised a total of $177.8K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $14.64 thousand completed in November 2014. 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 Suventure

Suventure has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Nature Eco Ventures and Manoj Kumar.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment in startups and various companies by Nature Eco Ventures.
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Manoj Kumar

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Investor details for Suventure

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Investments & Acquisitions by Suventure

Investments
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Investment portfolio details for Suventure

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  • Transaction dates
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Financial Statements - Suventure

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Detailed financials for Suventure

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Suventure Comparisons

Suventure Primary company
Description
End-to-end IT service provider
Location
Bengaluru, India
Founded Year
2012
Annual Revenue
$808.89 K (USD)
Net Profit
$50.21 K (USD)
EBITDA
$125.85 K (USD)
Employees
50
As of 2024
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Peer comparison for Suventure

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Competitors of Suventure

Suventure 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Suventure

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Latest news on Suventure

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Complete news archive for Suventure

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Frequently Asked Questions about Suventure

Suventure was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Suventure is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vir Bhanu is the current CEO of Suventure. They have also founded this company.

Suventure is a funded company, having raised a total of $177.8K across 2 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Suventure is 50.

Annual revenue of Suventure is $808.89K as on Mar 31, 2022.

Suventure was founded in 2012 in Bengaluru, India, as an IT services provider. Operations focus on product engineering, including architecture, design, prototyping, verification, validation, and RD. Application development and maintenance are handled, alongside infrastructure management such as platform as a service, cloud services, end-user computing, call centers, help desks, and network monitoring. Additional offerings include business intelligence, enterprise resource planning, mobility solutions like strategy and app development, and internet marketing.

Suventure's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

Suventure offers Application Development, Mobility Solutions, Data Analytics, and Cloud Services.

Suventure has 2 investors. Key investors include Nature Eco Ventures, and Manoj Kumar.

The valuation of Suventure is $1.11M as of Nov 2014.

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