Systech Services

Bengaluru, India Founded: 1998 • Age: 28 yrs Acquired By Softtek
A suite of IT services is provided by Systech Services.

About Systech Services

Systech Services is a Technology company based in Bengaluru (India) founded in 1998 by Anil Kumar, and was acquired by Softtek in February 2013. A suite of IT services is provided by Systech Services. The company has 67 employees. Its chief executive, as recorded, is Anil Kumar. Its Indian entity Systech Services Limited reported revenue of β‚Ή32.60 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Systech Services was founded in 1998 in Bengaluru, India, where operations are centered in the IT sector. A range of IT services is offered, including solutions for technology needs. The company is led by Founder and CEO Anil Kumar. Activities are conducted through the domain teamsystech.com, with focus on service delivery in the region. Core functions encompass IT support and related suites for various clients.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹32.60 Cr

    FY 2018 · +20% YoY

  • Net Profit
    ₹26.5 Lakh

    FY 2018 · 1% margin

  • EBITDA
    ₹1.15 Cr

    FY 2018 · 4% margin

  • Investors
  • Employee Count
    67
  • Acquired by
    Softtek

    (Feb 2013)

Apps and channels of Systech Services

its YouTube channel Systech Services Pvt. Ltd. has 7 subscribers and 1 videos.

Systech Services Pvt. Ltd.
YouTube 7 subscribers 1 videos Science & Technology
Open channel

Videos from Systech Services

The most watched videos on Systech Services's YouTube channel, Systech Services Pvt. Ltd. (7 subscribers). Click a video to play it here.

Systech Services Pvt. Ltd. | Company Profile | System Integration Company | Bangalore |
80 views

More on Systech Services Pvt. Ltd..

Investors in Systech Services

Systech Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Softtek.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
IT services and business process outsourcing are provided globally.
1982softtek.comMonterrey, Mexico
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Investor details for Systech Services

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People of Systech Services

1 people are tracked at Systech Services (1 in leadership); the tracked headcount is 67.

NameRoleGroup
Anil Kumar
Founder & CEOLeadership
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Complete people profiles for Systech Services

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Financials of Systech Services

Figures of Systech Services Limited, the primary company behind Systech Services, for FY 2018. Revenue was ₹32.60 Cr (+20% year on year). Net profit was ₹26.5 Lakh (1% margin). EBITDA was ₹1.15 Cr (4% margin). Revenue has grown at a compounded annual rate of +11% over three years and +21% over five years.

  • ₹32.60 CrRevenue · FY 2018 · +20% YoY
  • ₹26.5 LakhNet profit · 1% margin
  • ₹1.15 CrEBITDA · 4% margin
  • ₹36 LakhPaid-up capital
  • 67Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • +21%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Systech Services Limited are on its company page.

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Detailed financial statements for Systech Services

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Timeline of Systech Services

2 dated milestones of Systech Services across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Systech Services is founded.
  2. Exit Acquired by Softtek.

Competitors of Systech Services

Systech Services has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Systech Services

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Web traffic of Systech Services

The website of Systech Services (teamsystech.com) receives about 2.2K visits a month.

  • Monthly visits
    2.2K

    ▲ 17.7% vs previous month

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Related news about Systech Services

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Frequently Asked Questions about Systech Services

Systech Services was founded in 1998.

Systech Services is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Anil Kumar is the CEO of Systech Services, as recorded in our data. They have also founded this company.

Systech Services has 67 employees.

The primary company behind Systech Services, Systech Services Limited, reported revenue of β‚Ή32.60 Cr for FY 2018, up 20% year on year.

Systech Services was founded in 1998 in Bengaluru, India, where operations are centered in the IT sector. A range of IT services is offered, including solutions for technology needs. The company is led by Founder and CEO Anil Kumar. Activities are conducted through the domain teamsystech.com, with focus on service delivery in the region. Core functions encompass IT support and related suites for various clients.

Systech Services's top competitors include Happiest Minds and Datamatics.

Systech Services has 1 investor. Key investors include Softtek.

Systech Services operates through Systech Services Limited.

Yes. Systech Services was acquired by Softtek in February 2013.

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