Ideacts Innovations Pvt. Ltd.
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Ideacts Innovations Pvt. Ltd. - overview
Established
2007
Location
Pune, Maharashtra, India
Primary Industry
Software
About
Ideacts Innovations Pvt. Ltd. is a technology company that specializes in providing innovative digital solutions, enhancing operational efficiency and user engagement for businesses across diverse sectors. Founded in 2007, Ideacts Innovations Pvt.
Ltd. operates from Pune, India, delivering software solutions focused on project management, customer relationship management (CRM), and data analytics. The company has completed four deals, with its most recent investment round being a Series C on April 12, 2011, securing INR 89. 67 million from Peak XV Partners and Silicon Valley Bank.
As of now, the company has a total amount raised of INR 89. 67 million and a current valuation of INR 424. 573 million. The company's founder has previously established other ventures, although specific details about them are not available.
Ideacts. com focuses on delivering innovative digital solutions designed to enhance user engagement and streamline operational efficiency for businesses across various sectors. The core offerings include software tools for project management, customer relationship management (CRM), and data analytics, aimed at providing comprehensive insights and improved decision-making capabilities. These products cater to diverse clients, including small to medium-sized enterprises (SMEs), large corporations, and non-profit organizations, optimizing workflows and enhancing customer interactions.
Ideacts. com distributes its products primarily in North America, Europe, and parts of Asia. In the year 2023, Ideacts. com reported a revenue of INR 80,989.
2 million and an EBITDA of INR 21,437. 2 million. The company generates revenue through a subscription-based model for its software solutions, facilitating ongoing relationships with clients and providing tailored B2B solutions for larger enterprises. Clients may choose between annual or monthly subscription plans, allowing access to premium features and support based on specific needs.
The pricing structure is designed to accommodate various business sizes and requirements. Ideacts Innovations Pvt. Ltd. plans to launch new products aimed at enhancing its software offerings, with specific release dates yet to be disclosed.
The company is also targeting expansion into new markets in Asia and Europe by the end of 2024, intending to reach a broader clientele. The recent funding of INR 89. 67 million raised in April 2011 will be utilized to support these initiatives, fostering product development and market penetration efforts.
Current Investors
Sequoia, Silicon Valley Bank, Peak XV Partners
Primary Industry
Software
Sub Industries
Monitoring & Security Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.ideacts.com
Company Stage
Series C
Total Amount Raised
Subscriber access only
Ideacts Innovations Pvt. Ltd. - timeline of key events
Ideacts Innovations Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2009 | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | 86,921,436 | 48,966,322 | 19,698,532 | 2,513,037 | 293,983 | - | 1,931,076 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | (43.7%) | (59.8%) | (87.2%) | (88.3%) | (100.0%) | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | 20,588,527 | (24,160,077) | 3,182,426 | (9,742,776) | 341,754 | (15,000) | 1,916,076 | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | 17,439,472 | (71,237,411) | 943,613 | (9,742,776) | 341,754 | (15,000) | 1,916,076 | - | - | - |
| Operating Margin | - | - | - | - | - | - | 20.1% | (145.5%) | 4.8% | (387.7%) | 116.2% | - | 99.2% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | 23.7% | (49.3%) | 16.2% | (387.7%) | 116.2% | - | 99.2% | - | - | - |
| NET Income (USD) | 39,226,813 | 44,636,768 | 26,233,059 | 33,450,000 | (46,299,000) | 12,887,000 | 16,961,058 | (71,237,411) | 994,098 | (9,742,776) | 341,754 | (15,000) | 1,916,076 | - | - | - |
| % Net Margin | - | - | - | - | - | - | 19.5% | (145.5%) | 5.0% | (387.7%) | 116.2% | - | 99.2% | - | - | - |
Ideacts Innovations Pvt. Ltd. - employee data
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