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ACT - About the company

ACT is an acquired company based in Bengaluru (India), founded in 2000. It operates as a Provider of fibre optic broadband, WiFi network, and television services. ACT has raised $2.83M in funding from Adithya Constructions and CPP Investments, with last known valuation of $*****. The company has 155 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Wiom, Excitel and RailTel Corporation of India.

Company Details

A leading provider of broadband and high-speed internet services. It offers a range of plans for both residential and enterprise customers, including leased lines and corporate broadband solutions. The company provides high-speed internet access with various add-on options such as entertainment packages and enhanced security features. They also offer managed Wi-Fi solutions for businesses. Services are available across numerous cities. Technical support and customer service are provided to assist users with their internet connectivity needs. The company aims to deliver reliable and fast internet access to homes and businesses.
Social
XFacebook
Email ID
*****@actcorp.in
Phone Number
+91 **********
Registered Address
2nd & 3rd Floor, No 1 Indian Express Building, Queen's Road, Bangalore, Bangalore, Karnataka, India, 560001
Key Metrics
Founded Year
2000
Location
Bengaluru, India
Stage
Acquired
Total Funding
$2.83M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 02, 2015
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
8,053 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by TA Associates (Jul 02, 2015)

ACT's acquisition details

ACT got acquired by TA Associates and True North on Jul 02, 2015 at an acquisition amount of $*****.
Click here to take a look at ACT's acquisition in detail
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ACT's funding and investors

ACT has raised a total funding of $2.83M over 6 rounds. Its first funding round was on Dec 31, 2007. Its latest funding round was a Unattributed round on 2016 for $*****. 1 investor participated in its latest round. ACT has 15 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of ACT:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2016
5336
Unattributed
9288
9148
7017
6542
Aug 2015
9855139
Unattributed
4592417
2252181
3003087
Feb 20, 2014
3752055
Conventional Debt
4637513
8746848
6793524
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ACT's founders and board of directors

Founder? Claim Profile

ACT's Board of Directors

ACT's board has 5 active members. Pramod Kabra, Dhiraj Poddar and Srikrishna Venkatanarasimha Dwaram are part of team and Nishi Vasudeva and Pangulury Mohan Murty are independent board members.
Here is the list of ACT's board of directors:
Name
Type
Representing
Status
Duration
Investor
-
Current
10y 2m
Investor
TA Associates
Current
10y 2m
hiaabci
Investor
puvctze
Current
8y 1m
Independent board member
-
Current
8y 4m
eu{dshd
Independent board member
-
Current
2y 2m

ACT's employee count trend

ACT has 8,053 employees as of Aug 25. The total employee count is 5.0% more than what it was in Aug 24. Here is ACT's employee count trend over the years:
Employee count trend for ACT
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ACT's Competitors and alternates

Top competitors of ACT include Wiom, Excitel and RailTel Corporation of India. Here is the list of Top 10 competitors of ACT, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ACT
ACT
2000, Bengaluru (India), Acquired
Provider of fibre optic broadband, WiFi network, and television services
$2.83M
75/100
2nd
Logo for Wiom
Wiom
2015, Gurugram (India), Series B
Provider of wifi internet services
$65.1M
66/100
3rd
Logo for Excitel
Excitel
2015, Delhi (India), Series C
Provider of fiber-optic based internet services
$16.1M
60/100
4th
Logo for RailTel Corporation of India
RailTel Corporation of India
2000, Delhi (India), Public
Provider of fibre optic internet and public WiFi network services
-
-
56/100
5th
Logo for HFCL
HFCL
1987, Delhi (India), Public
Provider of telecom equipment and fiber cables
-
55/100
6th
Logo for nuron
nuron
2010, Bengaluru (India), Series A
Provider of internet and network solutions with routers
$4.62M
41/100
7th
Provider of internet services for individuals and business sectors
-
-
39/100
8th
Logo for Benlycos
Benlycos
2019, Bengaluru (India), Funding Raised
Provider of broadband connection services
-
36/100
9th
Logo for Ethernet Xpress India
Ethernet Xpress India
2012, Aradi Socorro (India), Unfunded
Provider of broadband, data center, and corporate services
-
-
35/100
10th
Logo for SAI BABA CABLE NETWORK
SAI BABA CABLE NETWORK
2019, Thane (India), Unfunded
Provider of broadband services for home and business
-
-
34/100
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ACT's Latest cap tables and shareholding

Founders own 22.41%, Funds own 1.99%, Parent Entities (largest shareholder) own 71.06% and Enterprises own 2.08%. The net worth of ACT's founders is INR 42.5Cr as of Jan 26, 2010.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
22.41%
42.5Cr
4702415
5506449
4314399
8408920
Fund
1.99%
3.79Cr
6
2
2
2
5
4
3
3
2
8
Parent Entity
71.06%
135Cr
5914049
3844480
1052331
9984680
Enterprise
2.08%
3.94Cr
42
69
95
13
Other People
2.46%
4.67Cr
67
89
52
48
Total
100.00%
190Cr
2334728
6506536
2698154
5707182
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ACT's Shareholding

ACT's Investments and acquisitions

ACT has made 2 investments in Aprecomm and Aprecomm and acquired Beam Tele.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 15, 2025
Investments
2016
Bengaluru (India)
May 31, 2024
Investments
2016
Bengaluru (India)
2006
Acquisition
2004
Hyderabad (India)
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Reports related to ACT

Here is the latest report on ACT's sector:

News related to ACT

lockFilter this list
Media has covered ACT for a total of 6 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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FAQs about ACT

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