When was Allsec Technologies founded?

Allsec Technologies was founded in 1998 and raised its 1st funding round 4 years after it was founded.

Where is Allsec Technologies located?

Allsec Technologies is headquartered in Chennai, India. It is registered at 46 C, Velachery Main Road Velachery, Chennai, Chennai, Tamil Nadu, India, 600042.

Who is the current CEO of Allsec Technologies?

Naozer C Dalal of Allsec Technologies.

Which legal entities is Allsec Technologies associated with?

Allsec Technologies is associated with ALLDIGI TECH LIMITED.

How many employees does Allsec Technologies have?

As of Aug 31, 2025, Allsec Technologies has 4416 employees, reflecting a 14% year-over-year decline in headcount.

Is Allsec Technologies a funded company?

Allsec Technologies is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on 2002.

How much is Allsec Technologies worth?

The last known valuation of Allsec Technologies was $***** as of Apr 17, 2019.

When was the latest funding round of Allsec Technologies?

Allsec Technologies' latest funding was a $***** PE round on 2002, with participation from 1 investor. Its primary sector is HRTech. In India, the HRTech sector has seen $48M in funding in 2026 to date.

What is the annual revenue of Allsec Technologies?

Annual revenue of Allsec Technologies is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does Allsec Technologies rank among its competitors?

Allsec Technologies ranks 106th amongst 2925 active competitors, of which 131 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Darwinbox, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Allsec Technologies?

Allsec Technologies' top competitors include Workday, Factorial and GreytHR. Among them, Darwinbox secured the most recent funding round in September, 2026.

Allsec Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

Allsec Technologies is an acquired company based in Chennai (India), founded in 1998 by Adi Saravanan. It operates as a Provider of business process outsourcing, customer experience management, and debt collection services. Allsec Technologies has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 2925 active competitors, including 131 funded and 171 that have exited. Its top competitors include companies like Workday, Factorial and GreytHR.

Company Details

Provider of business process outsourcing, customer experience management, and debt collection services. Its offerings include inbound customer care, technology helpdesk, document & claims processing, F&A outsourcing, AML/KYC verification and compliance, HR & payroll solutions, knowledge process outsourcing, and mortgage processing support services.

Website: allsectech.com
Social
Email ID: *****@allsectech.com
Phone Number: +91 **********
Registered Address: 46 C, Velachery Main Road Velachery, Chennai, Chennai, Tamil Nadu, India, 600042

Key Metrics

Founded Year

1998

Location

Chennai, India

Stage

Acquired

Latest Funding Round

PE, 2002, $*****

Last Known Valuation

$***** as on Apr 17, 2019

Investors

Gabriel Venture Partners & 2 more

Ranked

106^th among 2925 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

4,416 as on Aug 31, 2025

Investment & Acquisitions

Retreat Capital Management

Similar Companies

Workday & 3387 more

Exit Details

Acquired by Conneqt Business Solutions (Apr 17, 2019)

View Allsec Technologies' full profile

Allsec Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ALLDIGI TECH LIMITED CIN: L72300TN1998PLC041033 , India, Active	Aug 24, 1998	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	4416 (As on Aug 31, 2025)

Allsec Technologies got acquired by Conneqt Business Solutions on Apr 17, 2019 at an acquisition amount of $*****.

Click here to take a look at Allsec Technologies's acquisition in detail

Allsec Technologies has raised funding over 1 round. Its latest funding round was a PE round on 2002 for $*****. 1 investor participated in its latest round. Allsec Technologies has 3 institutional investors.

Here is the list of recent funding rounds of Allsec Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2002	1471	PE	9775	6206	9140	1412

Access funding benchmarks and valuations. Sign up today!

View details of Allsec Technologies's funding rounds and investors

The founders of Allsec Technologies is Adi Saravanan. Naozer C Dalal is the CEO of Allsec Technologies.

Here are the details of Allsec Technologies' key team members:

Adi Saravanan: Former Founder of Allsec Technologies. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Naozer C Dalal: CEO of Allsec Technologies.
Contact Info: 1 email address

View details of Allsec Technologies's Founder profiles and Board Members

Allsec Technologies' employee count trend

Allsec Technologies has 4,416 employees as of Aug 25. Here is Allsec Technologies's employee count trend over the years:

Employee count trend for Allsec Technologies

Uncover Allsec Technologies' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Allsec Technologies include Workday, Factorial and GreytHR. Here is the list of Top 10 competitors of Allsec Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 13 others	88/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 11 others	83/100
3rd	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
4th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 3 others	78/100
5th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$28.5M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
6th	Paychex 1971, New York City (United States), Public	Cloud-based platform for HRMS suite solutions	-	American Century, SEB & 5 others	77/100
7th	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	77/100
8th	Bob 2015, London (United Kingdom), Series E	Provider of integrated software for managing workforce payroll and finance	$740M	General Atlantic, Bessemer Venture Partners ... & 26 others	76/100
9th	Darwinbox 2015, San Francisco (United States), Series D	Provider of AI-native human capital management software	$144M	Peak XV Partners, TCV & 55 others	75/100
10th	Cegid 1983, Lyon (France), Late Stage	Provider of cloud-based management solutions for retail, finance, tax, and HR	$900K	Silver Lake, Francisco Partners & 12 others	74/100
106th	Allsec Technologies 1998, Chennai (India), Acquired	Provider of business process outsourcing, customer experience management, and debt collection services	-	Gabriel Venture Partners, The Carlyle Group ... & 1 others	46/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Allsec Technologies's competitors? Click here to see the top ones

ALLDIGI TECH LIMITED, the legal entity associated with Allsec Technologies, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of ALLDIGI TECH LIMITED has a compounded annual growth rate (CAGR) of 17% in the last 1 year.

Financial Statement Summary

Metrics	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	6752	6688	4342	5107	7568
Total Sales	5296	1938	5322	8333	1772
Total Expenses	1502	5937	7920	8793	1049
Operating Expenses	9232	4298	4480	2052	5405
Employee Expenses	1416	6896	4690	1902	2176
Marketing Expenses	3452	2736	8015	2375	1564
Operating Income (EBIT)	5836	8140	3114	5635	1542
Interest Expenses	7111	3228	8449	9212	5864
Expenses from other activities	6535	2562	7057	6803	9132
EBITDA	1957	6943	7319	8738	6902
Taxes	5213	7174	2262	5682	1562
Net Profit	3414	1092	5464	5947	8366
Balance Sheet
Assets	2405	7323	1814	2289	6493
Cash Equivalent	6178	2391	8042	7176	7855
Accounts Receivables	4458	4138	5647	3045	2667
Inventory	3519	1492	4004	3194	7002
Liabilities	5066	8671	1465	7608	1096
Total Debt	8054	5667	8587	6953	8737
Accounts Payable	2573	7837	2205	5774	4109
Equities	2693	4647	6958	9357	9943
Cashflow Statement
Cash from Operating activities	5974	9228	4709	2827	1565
Cash from Investing activities	5547	5244	5274	3293	4669
Net cash from Financing activities	9793	3007	4032	8410	9806