About Terafast Networks
Terafast Networks is a company based in Chennai (India) founded in 2004 by Meenakshisundaram Ravichandran was acquired by 360logica in October 2022.. The company has 77 employees as of April 06, 2024. Terafast Networks operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Chennai, India
- Employees 77 as on 06 Apr, 2024
- Founders Meenakshisundaram Ravichandran
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Terafast Networks Private Limited
- Date of Incorporation 22 Jun, 2004
- Jurisdiction Chennai, Tamil Nadu, India
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Funding Insights of Terafast Networks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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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Investors in Terafast Networks
Terafast Networks has secured backing from 1 investor. Prominent investors backing the company include 360logica. 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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Indepedent Software Testing Services
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Terafast Networks
| 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 |
Financial Statements - Terafast Networks
| 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 |
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Terafast Networks Comparisons
Competitors of Terafast Networks
Terafast Networks 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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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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| 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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Terafast Networks
Frequently Asked Questions about Terafast Networks
When was Terafast Networks founded?
Terafast Networks was founded in 2004.
Where is Terafast Networks located?
Terafast Networks is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Terafast Networks?
Meenakshisundaram Ravichandran is the current CEO of Terafast Networks. They have also founded this company.
How many employees does Terafast Networks have?
As of Apr 06, 2024, the latest employee count at Terafast Networks is 77.
What is the annual revenue of Terafast Networks?
Annual revenue of Terafast Networks is $2.06M as on Mar 31, 2023.
What does Terafast Networks do?
Terafast Networks was founded in 2004 in Chennai, India, focusing on the IT services sector. A range of IT solutions, including suite-based services, is offered to support business operations. The company operates primarily from its base in India, with leadership provided by founder and CEO Meenakshisundaram Ravichandran. Core activities encompass IT infrastructure and service delivery for enterprise needs.
Who are the top competitors of Terafast Networks?
Terafast Networks's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Who are Terafast Networks's investors?
Terafast Networks has 1 investor. Key investors include 360logica.