Velocious

Bengaluru, India Founded: 2021 • Age: 5 yrs
Velocious is recognized for providing procurement and supplier management solutions.
Annual revenue $4.1M Latest available
Total funding - Funding intelligence
Employees 253 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Velocious

Velocious is a company based in Bengaluru (India) founded in 2021 by Srividya Kannan. It operates as a SaaS (Software-as-a-Service) and Managed Services. The company has 253 employees as of March 31, 2024. Velocious offers products and services including Velocious Sourcing Platform, Supplier Performance Analytics, and AP Invoice Automation. Velocious operates in a competitive market with competitors including Coupa, Airbase, Bizongo, Procurify and Ivalua, among others.

  • Headquarter Bengaluru, India
  • Employees 253 as on 31 Mar, 2024
  • Founders Srividya Kannan
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Avaali Solutions Pvt Ltd
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.09 M (USD)
    17.71
    as on Mar 31, 2024
  • Net Profit
    $846.55 K (USD)
    61.22
    as on Mar 31, 2024
  • EBITDA
    $884.81 K (USD)
    20.15
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    253

    as on Mar 31, 2024

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Products & Services of Velocious

Velocious offers a comprehensive portfolio of products and services, including Velocious Sourcing Platform, Supplier Performance Analytics, and AP Invoice Automation.

Product name locked
Category locked
Primary

Platform for sourcing and supplier management automation provided.

Product name locked
Category locked
Locked

Insights into supplier performance and spend trends offered.

Product name locked
Category locked
Locked

Electronic invoice submission and processing are streamlined efficiently.

Funding Insights of Velocious

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Detailed funding history for Velocious

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Investments & Acquisitions by Velocious

Investments
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Investment portfolio details for Velocious

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  • Transaction dates
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Financial Statements - Velocious

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Detailed financials for Velocious

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  • Profit trends
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Velocious Comparisons

Velocious Primary company
Description
Velocious is recognized for providing procurement and suppli...
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
$4.09 M (USD)
Net Profit
$846.55 K (USD)
EBITDA
$884.81 K (USD)
Employees
253
As of 2024
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Peer comparison for Velocious

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Competitors of Velocious

Velocious 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 Coupa, Airbase, Bizongo, Procurify and Ivalua, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based end-to-end spend management software is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
Locked Locked Locked
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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SaaS spend management software is used to automate procure-to-pay operations.
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Procurement management solutions are delivered for business operations.
Locked Locked Locked
Cloud-based sourcing and procurement solutions are provided for multiple industries.
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Detailed competitors of Velocious

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Latest news on Velocious

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Complete news archive for Velocious

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Frequently Asked Questions about Velocious

Velocious was founded in 2021.

Velocious is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

As of Mar 31, 2024, the latest employee count at Velocious is 253.

Annual revenue of Velocious is $4.09M as on Mar 31, 2024.

Velocious, Operated By Avaali Solutions , Is Focused On Delivering Business Process Automation Solutions To Large Enterprises Globally. The Company Specializes In Procurement Applications, Including Sourcing, Supplier Onboarding, Performance Analytics, And Invoice Automation. Solutions Are Built On Cutting-edge Technologies Like Rpa And Ocr, Ensuring Compliance And Efficiency. Velocious Serves Various Sectors, Driving Innovation In Shared Services And Global Business Services Automation. Over Usd 2 Billion In Spends Are Managed Through The Platform, Supporting Seamless Integration With Leading Erps.

Velocious's top competitors include Coupa, Airbase and Bizongo.

Velocious offers Velocious Sourcing Platform, Supplier Performance Analytics, and AP Invoice Automation.

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