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Allsec Technologies - About the company

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 2526 active competitors, including 131 funded and 168 that have exited. Its top competitors include companies like Workday, Kronos and Deel.

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.
Social
Facebook
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
Last Known Valuation
$***** as on Apr 17, 2019
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
4,416 as on Aug 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Conneqt Business Solutions (Apr 17, 2019)

Allsec Technologies's acquisition details

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
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Allsec Technologies's funding and investors

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
9571
PE
9094
8580
3645
6671
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Allsec Technologies' founders and board of directors

Founder? Claim Profile
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:

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
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Allsec Technologies's Competitors and alternates

Top competitors of Allsec Technologies include Workday, Kronos and Deel. 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
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
81/100
3rd
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
4th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
5th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
78/100
6th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
78/100
7th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
8th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
77/100
9th
Logo for Darwinbox
Darwinbox
2015, San Francisco (United States), Series D
Developer of human capital management software with AI capabilities
$149M
75/100
10th
Logo for Bob
Bob
2015, Tel Aviv (Israel), Series D
Provider of a platform for human resources, payroll, and finance
$574M
75/100
101st
Logo for Allsec Technologies
Allsec Technologies
1998, Chennai (India), Acquired
Provider of business process outsourcing, customer experience management, and debt collection services
-
46/100
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Allsec Technologies's Investments and acquisitions

Allsec Technologies has acquired Retreat Capital Management. Allsec Technologies has not made any investments as of now.

Reports related to Allsec Technologies

Here is the latest report on Allsec Technologies's sector:

News related to Allsec Technologies

lockFilter this list
•
•
Quess drops Allsec merger plans on investor dissentMint•Jan 05, 2023•Quess, Allsec Technologies
•
Allsec Technologies Limited to merge into Quess Corp LimitedExpress Computer•Jun 24, 2022•Allsec Technologies, Quess
•
•
Conneqt Business Solutions buys Allsec Tech's shares worth Rs 171 crBusiness Today•Jun 03, 2019•Quess, Allsec Technologies, Digitide
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