Xoriant

Sunnyvale, United States Founded: 1990 • Age: 36 yrs Acquired By ChrysCapital
Product Engineering and Consulting company
Annual revenue $91.3M Latest available
Total funding $30.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Xoriant

Data last updated:

Xoriant is a company based in Sunnyvale (United States) founded in 1990 was acquired by ChrysCapital in January 2023. Xoriant has raised $30 million across 1 funding round from investors including Silver Lake and ChrysCapital. Xoriant has completed 6 acquisitions, including CloudIO, Fexle Services and MapleLabs. Xoriant operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Sunnyvale, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xoriant Solutions Private Limited
  • Date of Incorporation 03 Nov, 1999
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology β†’ Enterprise IT Services & Distribution → Unlock Sub-Sector → Unlock Segment
Key Metrics
  • Annual Revenue
    $91.26 M (USD)
    -17.34
    as on Mar 31, 2024
  • Net Profit
    $3.18 M (USD)
    -73.14
    as on Mar 31, 2024
  • EBITDA
    $11.91 M (USD)
    -29.05
    as on Mar 31, 2024
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jun 26, 2000

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    CloudIO

    & 5 more

  • Acquired by
    ChrysCapital

    (Jan 05, 2023)

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People of Xoriant

Headcount 5000-10000
Employee Profiles 165
Board Members and Advisors 4
Employee Profiles
People
Akash Solanki
Executive Client Partner
People
Vikranth Gunda
Data And AI Leader - BFS & Emerging Tech
People
Srinand Ramachandra
Director, Retail
People
Srikanth Akkapu
Associate Director Technology

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Board Members and Advisors
people
Girish Gaitonde
Founder & Board Member
people
Akshat Babbar
Board Member
people
Sanjay Jalona
Chairman Of The Board

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Funding Insights of Xoriant

Xoriant has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in June 2000. 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 Xoriant

Xoriant has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Silver Lake and ChrysCapital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Technology investing and private equity firm focused on partnerships.
LockedLockedLocked
Investment firm focusing on private equity in sectors like financial services and healthcare.
LockedLockedLocked
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Investor details for Xoriant

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Investments & Acquisitions by Xoriant

Xoriant has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include CloudIO, Fexle Services and MapleLabs.

Investments
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Investment portfolio details for Xoriant

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Acquisitions
Company NameDescriptionDomainLocationFounded YearAmount
Business and management consulting services are provided globally.
LockedLocked2015Locked
Cloud management solutions are delivered using open source technologies.
LockedLocked2014Locked
Mobile app development, AI, and cloud solutions are provided.
LockedLocked2013Locked
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Complete acquisition details for Xoriant

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Financial Statements - Xoriant

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Detailed financials for Xoriant

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Xoriant Comparisons

Xoriant Primary company
Description
Product Engineering and Consulting company
Location
Sunnyvale, United States
Founded Year
1990
Annual Revenue
$91.26 M (USD)
Net Profit
$3.18 M (USD)
EBITDA
$11.91 M (USD)
Employees
Not available
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Peer comparison for Xoriant

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Competitors of Xoriant

Xoriant 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company NameDomainFounded yearHQ LocationDescription
LockedLockedLocked
High-quality office furniture is provided by UST for various needs.
LockedLockedLocked
Application development, cloud, cybersecurity, and business intelligence services are provided.
LockedLockedLocked
AI, cloud, and blockchain services are provided globally.
LockedLockedLocked
IT and digital transformation services are delivered to various industries.
LockedLockedLocked
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
LockedLockedLocked
Provider of end-to-end business process outsourcing services
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Detailed competitors of Xoriant

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Latest news on Xoriant

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Complete news archive for Xoriant

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Frequently Asked Questions about Xoriant

Xoriant was founded in 1990 and raised its 1st funding round 10 years after it was founded.

Xoriant is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Xoriant is a funded company, having raised a total of $30M across 1 funding round to date.

Annual revenue of Xoriant is $91.26M as on Mar 31, 2024.

Xoriant Corporation is a Product DevelopmentEngineering and Product Consulting Services company, providing full life cycle software development and engineering services to technology companies and product implementation and integration services to the customers of technology clients from its global delivery centers. Xoriants technology clients include independent software vendors, systems companies, web companies (including social networking and social media) and mobile applications companies. Using global delivery centers, Xoriants Product Development Engineering services offer clients a seamless extension to their Research and Development teams and help in reducing the time to market as well as enhancing the overall productivity and cost-effectiveness.

Xoriant's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

Xoriant has made 6 acquisitions, including CloudIO, Fexle Services, and MapleLabs.

Xoriant has 2 investors. Key investors include Silver Lake, and ChrysCapital.

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