About Synoverge
Synoverge is a company based in Ahmedabad (India) founded in 2010 by Namrata Gupta, Jayanta Sarkar, Prashant Halari, Nirmala Desai, and Ritesh Dave. Synoverge has raised $31.39 thousand across 3 funding rounds from investors including Sonal Shah, Anita Upadhyay and Venkat Gandhi Poddutoori. The company has 69 employees as of June 18, 2024. Synoverge offers products and services including Digital Transformation, Platform Engineering, Enterprise Applications, Verification and Validation, and AI and BI Services. Synoverge operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Ahmedabad, India
- Employees 69 as on 18 Jun, 2024
- Founders Namrata Gupta, Jayanta Sarkar, Prashant Halari, Nirmala Desai, Ritesh Dave
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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 Synoverge Technologies Private Limited
- Date of Incorporation 01 Apr, 2010
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$3.35 M (USD)9.37as on Mar 31, 2023
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Net Profit
$383.95 K (USD)-14.66as on Mar 31, 2023
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EBITDA
$965.04 K (USD)16.76as on Mar 31, 2023
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Total Equity Funding
$31.39 K (USD)
in 3 rounds
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Latest Funding Round
$20 K (USD), Angel Round
Aug 28, 2018
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Investors
& 7 more
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Employee Count
69
as on Jun 18, 2024
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Products & Services of Synoverge
Synoverge offers a comprehensive portfolio of products and services, including Digital Transformation, Platform Engineering, Enterprise Applications, Verification and Validation, and AI and BI Services.
Service to prepare businesses for digital challenges and scalability
Solutions for innovative product delivery and tech advancement
Custom solutions for organizational efficiency and operations
Processes to streamline software development and reduce costs
Tools for data analysis and value realization at scale
People of Synoverge
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Funding Insights of Synoverge
Synoverge has successfully raised a total of $31.39K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $20 thousand completed in August 2018. 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 Synoverge
Synoverge has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Sonal Shah, Anita Upadhyay and Venkat Gandhi Poddutoori.
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Sonal Shah |
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Anita Upadhyay |
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Venkat Gandhi Poddutoori |
Angel investor and tech leader, ex-Microsoft, passionate about startups
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Investor details for Synoverge
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Investments & Acquisitions by Synoverge
Investment portfolio details for Synoverge
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Financial Statements - Synoverge
Detailed financials for Synoverge
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Synoverge Comparisons
Peer comparison for Synoverge
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Competitors of Synoverge
Synoverge 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.
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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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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Synoverge
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Latest news on Synoverge
Complete news archive for Synoverge
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Frequently Asked Questions about Synoverge
Synoverge was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Synoverge is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Prashant Halari is the current CEO of Synoverge. They have also founded this company.
Synoverge is a funded company, having raised a total of $31.39K across 3 funding rounds to date.
As of Jun 18, 2024, the latest employee count at Synoverge is 69.
Annual revenue of Synoverge is $3.35M as on Mar 31, 2023.
Synoverge was established in 2010 in Ahmedabad, India, within the IT sector. A range of services including IT suite solutions, digital transformation, and IoT implementations is offered to clients. Operations are centered on technology integration and support, with leadership provided by co-founders such as Prashant Halari, who serves as CEO and Managing Director. Focus remains on practical applications in digital and connected systems across the region.
Synoverge's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Synoverge offers Digital Transformation, Platform Engineering, Enterprise Applications, Verification and Validation, and AI and BI Services.
Synoverge has 8 investors. Key investors include Sonal Shah, Anita Upadhyay, Venkat Gandhi Poddutoori, Jayant Sharma, and Vaseein Lahori.
The valuation of Synoverge is $947.47K as of Aug 2018.