About YsecIT
YsecIT is a company based in Bengaluru (India) founded in 2008. YsecIT has raised $2.11 million across 1 funding round from investors including Allevia and Investments. The company has 272 employees as of March 21, 2024. YsecIT operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Bengaluru, India
- Employees 272 as on 21 Mar, 2024
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Ysecit Softwares India Private Limited
- Date of Incorporation 04 Apr, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$9.68 M (USD)35.06as on Mar 31, 2023
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Net Profit
$756.09 K (USD)31.98as on Mar 31, 2023
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EBITDA
$1.17 M (USD)36.02as on Mar 31, 2023
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Total Equity Funding
$2.11 M (USD)
in 1 rounds
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Latest Funding Round
$2.11 M (USD), Seed
Nov 20, 2018
- Investors
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Employee Count
272
as on Mar 21, 2024
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Funding Insights of YsecIT
YsecIT has successfully raised a total of $2.11M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.11 million completed in November 2018. 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 YsecIT
YsecIT has secured backing from 1 investor. Prominent investors backing the company include Allevia and Investments.
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Investor details for YsecIT
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Investments & Acquisitions by YsecIT
Investment portfolio details for YsecIT
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Financial Statements - YsecIT
Detailed financials for YsecIT
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Ysecit Comparisons
Peer comparison for YsecIT
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Competitors of YsecIT
YsecIT 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of YsecIT
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Latest news on Ysecit
Complete news archive for YsecIT
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Frequently Asked Questions about YsecIT
YsecIT was founded in 2008 and raised its 1st funding round 10 years after it was founded.
YsecIT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
YsecIT is a funded company, having raised a total of $2.11M across 1 funding round to date.
As of Mar 21, 2024, the latest employee count at YsecIT is 272.
Annual revenue of YsecIT is $9.68M as on Mar 31, 2023.
YsecIT, founded in 2008 in Bengaluru, India, focuses on providing business support, providing IT services, and suite. Provider of web software development, networking, and database services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
YsecIT's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
YsecIT has 1 investor. Key investors include Allevia and Investments.
The valuation of YsecIT is $5.24M as of Nov 2018.