About Techwave Infotech
Techwave Infotech is a company based in Hyderabad (India) founded in 2004 by Vanaja Gummadapu and Rajasekhar Gummadapu. It operates as a B2B, and Service-based Consulting. The company has 895 employees as of March 31, 2024. Techwave Infotech has completed 4 acquisitions, including Advaita Technology Solutions, IMicron Web Services and Infotechitservices.com. Techwave Infotech offers products and services including SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering Services. Techwave Infotech operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Hyderabad, India
- Employees 895 as on 31 Mar, 2024
- Founders Vanaja Gummadapu, Rajasekhar Gummadapu
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Sectors
Technology
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Email
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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
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Investors
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Employee Count
895
as on Mar 31, 2024
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Investments & Acquisitions
Advaita Technology Solutions
& 3 more
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Products & Services of Techwave Infotech
Techwave Infotech offers a comprehensive portfolio of products and services, including SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering 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.
Focuses on SAP implementation and support for business operations
Enables cloud adoption for efficient digital transformations
Automates processes using AI for enhanced productivity
Provides digital engineering for operational excellence
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Funding Insights of Techwave Infotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Techwave Infotech
Techwave Infotech has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Advaita Technology Solutions, IMicron Web Services and Infotechitservices.com. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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A marketplace for cloud solutions is provided by iMicron Cloud.
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2015 | ||||
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Provider of web & e-commerce development, data analytics, and other enterprise software services
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2010 | ||||
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IT suite services are provided from Hyderabad, India.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Techwave Infotech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Techwave Infotech Comparisons
Competitors of Techwave Infotech
Techwave Infotech 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. 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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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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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Techwave Infotech
Frequently Asked Questions about Techwave Infotech
When was Techwave Infotech founded?
Techwave Infotech was founded in 2004.
Where is Techwave Infotech located?
Techwave Infotech is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Techwave Infotech?
Rajasekhar Gummadapu is the current CEO of Techwave Infotech. They have also founded this company.
How many employees does Techwave Infotech have?
As of Mar 31, 2024, the latest employee count at Techwave Infotech is 895.
What does Techwave Infotech do?
Techwave is a global IT services provider focusing on cloud, data, engineering, automation, AI, SAP, and application development. They deliver customized solutions to help businesses address challenges in industries like telecom, banking, healthcare, and manufacturing. Operating from multiple locations including the US, Europe, and Asia, Techwave supports clients through innovative digital transformations and expert consulting, emphasizing efficiency and growth.
Who are the top competitors of Techwave Infotech?
Techwave Infotech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Techwave Infotech offer?
Techwave Infotech offers SAP Application Development, Cloud Technologies, Data Automation and AI, and Engineering Services.
How many acquisitions has Techwave Infotech made?
Techwave Infotech has made 4 acquisitions, including Advaita Technology Solutions, IMicron Web Services, and Infotechitservices.com.