About Syntax
Syntax is a company based in Montreal (Canada) founded in 1972 was acquired by Goldman Sachs Asset Management in October 2021. It operates as a Managed Services, and Professional Services. The company has 291 employees as of March 30, 2024. Syntax has completed 8 acquisitions, including Argonscs, Beyond Technologies and Core Services. Syntax offers products and services including SAP Consulting, Oracle Consulting, Syntax Enterprise Cloud, and Generative AI Services.
- Headquarter Montreal, Canada
- Employees 291 as on 30 Mar, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Syntax Systems Private Limited
- Date of Incorporation 17 Nov, 2003
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$7.26 M (USD)61.89as on Mar 31, 2023
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Net Profit
$248.01 K (USD)16.76as on Mar 31, 2023
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EBITDA
$477.97 K (USD)11.8as on Mar 31, 2023
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Latest Funding Round
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Investors
NovaCap
& 1 more
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Employee Count
291
as on Mar 30, 2024
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Investments & Acquisitions
Argonscs
& 7 more
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Acquired by
Goldman Sachs Asset Management
(Oct 13, 2021)
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Products & Services of Syntax
Syntax offers a comprehensive portfolio of products and services, including SAP Consulting, Oracle Consulting, Syntax Enterprise Cloud, and Generative AI 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.
SAP solutions are implemented for seamless business transformation.
Oracle systems are optimized for enhanced business outcomes.
Enterprise cloud solutions are provided for business scalability.
Generative AI solutions are developed for business innovation.
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Funding Insights of Syntax
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Private Equity Round - Syntax | Valuation | Novacap |
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| 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 Syntax
Syntax has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NovaCap and Goldman Sachs Asset Management. 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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Acquisitions are targeted by Novacap, a private equity firm.
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Founded Year | Domain | Location | |
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Global asset management and investment solutions are provided.
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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 Syntax
Syntax has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Argonscs, Beyond Technologies and Core Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of IT managed services
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2013 | ||||
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Provider of SAP Supply Chain Execution (SCE) solutions
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2010 | ||||
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ERP consulting, cloud, and DevOps services are provided.
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Syntax
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Syntax Comparisons
Competitors of Syntax
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Syntax
Frequently Asked Questions about Syntax
When was Syntax founded?
Syntax was founded in 1972 and raised its 1st funding round 44 years after it was founded.
Where is Syntax located?
Syntax is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
How many employees does Syntax have?
As of Mar 30, 2024, the latest employee count at Syntax is 291.
What is the annual revenue of Syntax?
Annual revenue of Syntax is $7.26M as on Mar 31, 2023.
What does Syntax do?
Syntax is involved in delivering enterprise cloud solutions and IT services, specializing in SAP and Oracle consulting. The company supports industries such as manufacturing, consumer goods, mining, and construction with tailored technology solutions. Services include implementations, migrations, managed services, and digital innovation like Generative AI and IIoT. Operations span across multiple global regions, ensuring personalized support and industry-specific expertise. Syntax focuses on integrating people, process, and technology to transform business challenges into growth opportunities.
What products or services does Syntax offer?
Syntax offers SAP Consulting, Oracle Consulting, Syntax Enterprise Cloud, and Generative AI Services.
How many acquisitions has Syntax made?
Syntax has made 8 acquisitions, including Argonscs, Beyond Technologies, and Core Services.
Who are Syntax's investors?
Syntax has 2 investors. Key investors include NovaCap, and Goldman Sachs Asset Management.