TrioTech

Gurugram, India Founded: 2009 • Age: 17 yrs
M-commerce solutions and consumer mobile apps are developed by TrioTech.
Annual revenue $490,963 Latest available
Total funding $3.4M 3 rounds
Employees 16 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About TrioTech

TrioTech is a company based in Gurugram (India) founded in 2009. TrioTech has raised $3.38 million across 3 funding rounds from investors including Juvo, BlueHill Asset Management and Richard Victor Matotek. The company has 16 employees as of April 08, 2024.

  • Headquarter Gurugram, India
  • Employees 16 as on 08 Apr, 2024
  • Stage Minicorn
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Tri O Tech Solutions Private Limited
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $490.96 K (USD)
    -39.88
    as on Mar 31, 2021
  • Net Profit
    -$17.16 K (USD)
    92.45
    as on Mar 31, 2021
  • EBITDA
    -$26.17 K (USD)
    78.41
    as on Mar 31, 2021
  • Total Equity Funding
    $3.38 M (USD)

    in 3 rounds

  • Latest Funding Round
    $73.05 K (USD), Series A

    Oct 07, 2019

  • Investors
    Juvo

    & 2 more

  • Employee Count
    16

    as on Apr 08, 2024

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Funding Insights of TrioTech

TrioTech has successfully raised a total of $3.38M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $73.05 thousand completed in October 2019. 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 TrioTech

TrioTech has secured backing from 3 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Juvo, BlueHill Asset Management and Richard Victor Matotek.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Tech startups are invested in by the private equity firm.
Locked Locked Locked
Mobile data transactions are analyzed for alternative credit scoring solutions.
Locked Locked Locked

Richard Victor Matotek

-
Locked Locked Locked
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Investor details for TrioTech

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Investments & Acquisitions by TrioTech

Investments
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Investment portfolio details for TrioTech

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Financial Statements - TrioTech

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Triotech Comparisons

TrioTech Primary company
Description
M-commerce solutions and consumer mobile apps are developed ...
Location
Gurugram, India
Founded Year
2009
Annual Revenue
$490.96 K (USD)
Net Profit
-$17.16 K (USD)
EBITDA
-$26.17 K (USD)
Employees
16
As of 2024
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Peer comparison for TrioTech

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Competitors of TrioTech

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Detailed competitors of TrioTech

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Latest news on Triotech

Trio-Tech reports Q2 results
Seeking Alpha7 years ago
Trio-Tech reports Q1 results
Seeking Alpha8 years ago
Trio-Tech reports Q4 results
Seeking Alpha8 years ago
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Complete news archive for TrioTech

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Frequently Asked Questions about TrioTech

TrioTech was founded in 2009 and raised its 1st funding round 5 years after it was founded.

TrioTech is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

TrioTech is a funded company, having raised a total of $3.38M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at TrioTech is 16.

Annual revenue of TrioTech is $490.96K as on Mar 31, 2021.

TrioTech, which is partnered withnbsp;Bharat Sanchar Nigam Limited (BSNL) and Department of Post (DoP) to digitise their money remittance business provides m-commerce solutions and other mobile solutions, value added services.nbsp;Has also partnered with Amdocs for rolling out the mobile financial platform and services for State Bank of India as part of its mWallet project. Provider of MMTS (Mobile Money Transfer Service) across the country through itsnbsp;subsidiary Maverick Mobile. Currently has 15000 post offices using its facility of MMTS. Secured first round of funding from Singapore-based VC firm BlueHill Asset Management. Also offers various other consumer entertainment apps.nbsp;.

TrioTech has 3 investors. Key investors include Juvo, BlueHill Asset Management, and Richard Victor Matotek.

The valuation of TrioTech is $11.68M as of Oct 2019.

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