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Sasken - About the company

Sasken is a public company based in Bengaluru (India), founded in 1989 by Krishna Jhaveri, Rajiv C Mody, Badruddin Agarwala and Suresh Dholakia. It operates as a Provider of IT, product engineering and digital transformation services. Sasken has raised $26M in funding from investors like New Enterprise Associates, Intel Capital and Nortel. The company has 159414 active competitors, including 1033 funded and 8236 that have exited. Its top competitors include companies like IBM, UST and Virtusa.

Company Details

Provider of IT, product engineering and digital transformation services. Its other services include IOT, mobility, analytics, blockchain and devops. It offers services to global leaders in semiconductor, automotive, industrials, smart devices & wearables, enterprise grade devices, satcom and transportation industries.
Social
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Email ID
*****@sasken.com, *****@sasken.com
Phone Number
+91 **********
Registered Address
139/25 DOMLUR LAYOUTRING ROAD DOMLUR POST BANGALORE-560071, BANGALORE, Karnataka, India, 560071
Key Metrics
Founded Year
1989
Location
Bengaluru, India
Stage
Public
Total Funding
$26M in 6 rounds
Latest Funding Round
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
3,945 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Sasken's IPO details

Sasken got listed on Sep 09, 2005.
Click here to take a look at Sasken's IPO in detail
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Sasken's funding and investors

Sasken has raised a total funding of $26M over 6 rounds. Its latest funding round was a Post IPO round on Feb 06, 2013 for $*****. 1 investor participated in its latest round. Sasken has 5 institutional investors.

Here is the list of recent funding rounds of Sasken:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 06, 2013
5898527
Post IPO
3016918
5354076
1125790
1734831
Jan 19, 2009
2045250
Post IPO
1957840
3693638
9015842
May 20, 2005
3945965
Series A
9203263
2017909
8807190
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Sasken's founders and board of directors

Founder? Claim Profile
The founders of Sasken are Krishna Jhaveri, Rajiv C Mody, Badruddin Agarwala and Suresh Dholakia. Rajiv C Mody is the CEO of Sasken.
Here are the details of Sasken's key team members:

Sasken's Board of Directors

Sasken's board has 8 active members. Krishna Jhaveri and Rajiv C Mody are part of team and Ashok Jhunjhunwala, Jayaraman Ramachandran, Bansi Sunderlal Mehta, Shirish Bhagwanlal Mody, Pranabh Dinesh Mody and Jyotindra Bhagwanlal Mody are independent board members.
Here is the list of Sasken's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 11m
Team
-
Current
8y 11m
Independent board member
-
Current
8y 11m
vwghgdt
Independent board member
-
Current
9y 2m
celmrk{
Independent board member
-
Current
3y 5m
yhdomkq
Independent board member
-
Current
9y 5m
jmsxlbx
Independent board member
-
Current
4y 8m
xhbv{ka
Independent board member
-
Current
5y 7m

Sasken's employee count trend

Sasken has 3,945 employees as of Sep 26. Here is Sasken's employee count trend over the years:
Employee count trend for Sasken
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Sasken's Competitors and alternates

Top competitors of Sasken include IBM, UST and Virtusa. Here is the list of Top 10 competitors of Sasken, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
78/100
2nd
Logo for UST
UST
1998, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
76/100
4th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
74/100
5th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
74/100
6th
Logo for Endava
Endava
2000, London (United Kingdom), Public
Provider of digital transformation services using artificial intelligence and automation
-
74/100
7th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
74/100
8th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
9th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.5M
73/100
10th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
73/100
33rd
Logo for Sasken
Sasken
1989, Bengaluru (India), Public
Provider of IT, product engineering and digital transformation services
$26M
68/100
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Financials of SaskenFY 25 Available

SASKEN TECHNOLOGIES LIMITED, the legal entity associated with Sasken, generated between ₹500 Cr and ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of SASKEN TECHNOLOGIES LIMITED has a compounded annual growth rate (CAGR) of 6% 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
2169
6365
3418
4633
4541
Total Sales
7450
2668
3657
6043
6003
Total Expenses
3186
2643
3943
8090
3816
Operating Expenses
4205
1128
9190
6776
7560
Employee Expenses
1471
9584
4889
8181
3531
Marketing Expenses
8323
8564
7216
7385
2052
Operating Income (EBIT)
9097
2490
5660
3684
1947
Interest Expenses
9628
6797
1116
1197
6127
Expenses from other activities
9470
2130
4306
9569
4725
EBITDA
2550
3048
7733
1978
8219
Taxes
4194
4094
3534
3493
3953
Net Profit
9684
8118
4793
4135
1334
Balance Sheet
Assets
8036
9018
5367
8775
7756
Cash Equivalent
1539
7896
3188
6568
3904
Accounts Receivables
8517
1902
5549
8686
2251
Inventory
5835
5555
7502
9778
8982
Liabilities
4867
9145
2286
7655
9511
Total Debt
1696
8745
1386
6744
4631
Accounts Payable
3803
5155
1945
3980
1902
Equities
9870
4354
2569
1945
8471
Cashflow Statement
Cash from Operating activities
9652
5233
9265
2248
7032
Cash from Investing activities
4431
7057
9291
5589
7420
Net cash from Financing activities
7647
4360
8216
7348
4324

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

Sasken's Latest cap tables and shareholding

Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Sasken's Investments and acquisitions

Sasken has made 3 investments in companies including Cygni Energy and Cygni Energy. Sasken has also acquired 2 companies including Borqs and Ingenient Technologies.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Nov 2024
Acquisition
2007
Santa Clara (United States)
Jun 01, 2016
Investments
2014
Hyderabad (India)
Aug 18, 2015
Investments
2014
Hyderabad (India)
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Reports related to Sasken

Here is the latest report on Sasken's sector:

News related to Sasken

lockFilter this list
Media has covered Sasken for a total of 6 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
•
Sasken Tech's March 2025 Net Sales Up 32.89% YoYMoneycontrol•Apr 28, 2025•Sasken
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FAQs about Sasken

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