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Affine - About the company

Affine is a seed company based in Bengaluru (India), founded in 2011 by Vineet Kumar, Abhishek Anand and Manas Agrawal. It operates as a Provider of IT service suite solutions. Affine has raised $866K in funding from Sinovation Ventures and Huachuang Zhiye Investment, with a current valuation of $*****. The company has 124736 active competitors, including 954 funded and 7710 that have exited. Its top competitors include companies like IBM, UST and Hewlett Packard Enterprise.

Company Details

Website
affine.ai
Social
X
Email ID
*****@affine.ai
Registered Address
TWA-TERESA No.224/215 Hosur Rd, Roopena Agrahara, Bommanahalli, Bangalore, Bommanahalli (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560068
Key Metrics
Founded Year
2011
Location
Bengaluru, India
Stage
Seed
Total Funding
$866K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 25, 2014
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
290 as on Aug 31, 2025
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Affine's funding and investors

Affine has raised a total funding of $866K over 3 rounds. Its first funding round was on Nov 15, 2012. Its latest funding round was a Seed round on Feb 14, 2023 for $*****. 2 investors participated in its latest round. Affine has 2 institutional investors and 46 angel investors.

Here is the list of recent funding rounds of Affine:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 14, 2023
9519980
Seed
6533364
9304297
1974295
4960768
Mar 25, 2014
1873986
Angel
3114861
2134451
7744034
1806543
Nov 15, 2012
6209906
Angel
5975669
2349529
9423290
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Affine's founders and board of directors

Founder? Claim Profile
The founders of Affine are Vineet Kumar, Abhishek Anand and Manas Agrawal. Vineet Kumar is the CEO of Affine.
Here are the details of Affine's key team members:

Affine's Board of Directors

Affine's board has 3 active members. Vineet Kumar, Abhishek Anand and Manas Agrawal are part of team.
Here is the list of Affine's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
15y 3m
Team
-
Current
14y 9m
Team
-
Current
14y 1m

Affine's employee count trend

Affine has 290 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is Affine's employee count trend over the years:
Employee count trend for Affine
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Affine's Competitors and alternates

Top competitors of Affine include IBM, UST and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of Affine, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, United States, Public
Provider of hybrid cloud, artificial intelligence, and consulting services
-
81/100
2nd
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
80/100
3rd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
4th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
5th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
76/100
6th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
7th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
8th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
9th
Logo for Valtech
Valtech
1993, Paris (France), Acquired
Provider of diversified application development, IT consulting, and digital transformation services
-
73/100
10th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
73/100
1635th
Logo for Affine
Affine
2011, Bengaluru (India), Seed
Provider of IT service suite solutions
$866K
39/100
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Affine's Investments and acquisitions

Affine has made no investments or acquisitions yet.

Reports related to Affine

Here is the latest report on Affine's geography:

News related to Affine

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