About Vortex India
Vortex India is a company based in Chennai (India) founded in 2001 by Kannan Lakshminarayan. Vortex India has raised $24.03 million across 7 funding rounds from investors including Tata Capital, International Finance Corporation and Vakrangee. The company has 301 employees as of April 04, 2024. Vortex India offers products and services including Ecoteller ATMs and Perfo Software. Vortex India operates in a competitive market with competitors including ATMeye and Salzburger Banken Software, among others.
- Headquarter Chennai, India
- Employees 301 as on 04 Apr, 2024
- Founders Kannan Lakshminarayan
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Vortex Engineering Private Limited
- Date of Incorporation 12 Mar, 2001
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$4.19 M (USD)-8.12as on Mar 31, 2022
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Net Profit
-$110.61 K (USD)71.7as on Mar 31, 2022
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EBITDA
-$115.67 K (USD)72.44as on Mar 31, 2022
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Total Equity Funding
$24.03 M (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
Tata Capital
& 17 more
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Employee Count
301
as on Apr 04, 2024
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Products & Services of Vortex India
Vortex India offers a comprehensive portfolio of products and services, including Ecoteller ATMs and Perfo Software.
Energy-efficient ATMs using Linux for low power and solar viability.
Platform for real-time ATM monitoring and incident management services.
People of Vortex India
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Funding Insights of Vortex India
Vortex India has successfully raised a total of $24.03M across 7 strategic funding rounds. 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 Vortex India
Vortex India has secured backing from 18 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Tata Capital, International Finance Corporation and Vakrangee.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
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Venture capital firm
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Impact investing platform providing financing for emerging markets.
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Investor details for Vortex India
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Investments & Acquisitions by Vortex India
Investment portfolio details for Vortex India
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Financial Statements - Vortex India
Detailed financials for Vortex India
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Vortex India Comparisons
Peer comparison for Vortex India
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Competitors of Vortex India
Vortex India 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 ATMeye and Salzburger Banken Software, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provides a platform for ATM security, fraud prevention, and video monitoring.
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Develops custom software for banking self-service devices and managed services.
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Detailed competitors of Vortex India
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Latest news on Vortex India
Complete news archive for Vortex India
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Frequently Asked Questions about Vortex India
Vortex India was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Vortex India is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Sathyan Gopalan is the current CEO of Vortex India.
Vortex India is a funded company, having raised a total of $24.03M across 7 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Vortex India is 301.
Annual revenue of Vortex India is $4.19M as on Mar 31, 2022.
Vortex Engineering was established in 2001 in Chennai, India, within the financial technology sector. ATMs and related self-service systems are produced for banks and financial institutions. Low-power and solar-powered ATM models are developed as key innovations. Monitoring and incident management services for multi-vendor ATMs are offered to support operations across regions.
Vortex India's top competitors include ATMeye and Salzburger Banken Software.
Vortex India offers Ecoteller ATMs and Perfo Software.
Vortex India has 18 investors. Key investors include Tata Capital, International Finance Corporation, Vakrangee, Ventureast, and Oasis Capital.
The valuation of Vortex India is $8.15M as of Feb 2011.