About Xcelerate
Xcelerate is a company based in Singapore (Singapore) founded in 2021 by Tak Wai Chung and Madhujeet Chimni. It operates as a SaaS (Software-as-a-Service) and Professional Services. Xcelerate has raised $36 million across 3 funding rounds from investors including Federated Hermes, OrionCapital Asia and AltaIR Capital. The company has 1 employees as of April 09, 2024. Xcelerate has completed 1 acquisition, including Carisma Solutions. Xcelerate offers products and services including Compliance Solutions, Sustainability and ESG Advisory, and Risk Solutions. Xcelerate operates in a competitive market with competitors including Wolters Kluwer, FiscalNote, Eqs, Behavox and Duco, among others.
- Headquarter Singapore, Singapore
- Employees 1 as on 09 Apr, 2024
- Founders Tak Wai Chung, Madhujeet Chimni
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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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- Legal Name Xcelerate Limited
- Date of Incorporation 24 Aug, 2021
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
$28.58 M (USD)0as on Mar 31, 2023
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Net Profit
$10.17 M (USD)0as on Mar 31, 2023
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EBITDA
$7.66 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$36 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Federated Hermes
& 4 more
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Employee Count
1
as on Apr 09, 2024
- Investments & Acquisitions
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Products & Services of Xcelerate
Xcelerate offers a comprehensive portfolio of products and services, including Compliance Solutions, Sustainability and ESG Advisory, and Risk Solutions.
Solutions are provided for full regulatory compliance across domains.
Advisory is offered for navigating evolving sustainability landscapes.
Solutions are delivered for operational resilience and digitization.
Funding Insights of Xcelerate
Xcelerate has successfully raised a total of $36M across 3 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 Xcelerate
Xcelerate has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Federated Hermes, OrionCapital Asia and AltaIR Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech VC funding is provided in US, Europe, Israel.
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A private equity firm focused on Southeast Asian investments.
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Provides direct lending and investment management for businesses in Asia Pacific.
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Investor details for Xcelerate
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Investments & Acquisitions by Xcelerate
Xcelerate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Carisma Solutions.
Investment portfolio details for Xcelerate
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financial and technology solutions are provided to accounting firms.
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Complete acquisition details for Xcelerate
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Financial Statements - Xcelerate
Detailed financials for Xcelerate
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Xcelerate Comparisons
Peer comparison for Xcelerate
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Competitors of Xcelerate
Xcelerate 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 Wolters Kluwer, FiscalNote, Eqs, Behavox and Duco, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Enterprise legal processes are managed via an AI-powered platform.
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AI-driven legal, regulatory, and policy data analysis is delivered.
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Compliance workflows for businesses are streamlined by Eq s platform.
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AI-driven compliance and risk management solutions are provided for enterprises.
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SAAS reconciliation solutions are delivered for financial services firms.
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Cloud-based compliance management solution provider
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Detailed competitors of Xcelerate
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Latest news on Xcelerate
Complete news archive for Xcelerate
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Frequently Asked Questions about Xcelerate
Xcelerate was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Xcelerate is headquartered in Singapore, Singapore.
Madhujeet Chimni is the current CEO of Xcelerate. They have also founded this company.
Xcelerate is a funded company, having raised a total of $36M across 3 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Xcelerate is 1.
Annual revenue of Xcelerate is $28.58M as on Mar 31, 2023.
Smart solutions for ESG, risk management, and compliance are offered by Xcelerate Limited. Services are focused on helping global corporations maintain governance standards, manage risks, and ensure regulatory compliance. Expertise is provided in sustainability advisory, operational resilience, and digitization of processes. End-to-end support is delivered through identification, visualization, implementation, monitoring, and reporting. The company operates in multiple sectors, including financial, industrial, and sustainability domains, with a commitment to innovation and client success.
Xcelerate's top competitors include Behavox, Wolters Kluwer and Secureframe.
Xcelerate offers Compliance Solutions, Sustainability and ESG Advisory, and Risk Solutions.
Xcelerate has made 1 acquisition, including Carisma Solutions.
Xcelerate has 5 investors. Key investors include Federated Hermes, OrionCapital Asia, AltaIR Capital, Exacta Capital Partners, and Altair Capital.