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.
- Website
- www.sasken.com/
- 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
Investors
Ranked
33rd among 159414 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
3,945 as on Sep 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Sasken
Sasken is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SASKEN SILICON TECHNOLOGIES PRIVATE LIMITED CIN: U62011KA2023FTC182886 , India, Active | Dec 29, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 163 (As on Apr 01, 2026) | |
SASKEN TECHNOLOGIES LIMITED CIN: 15222685255 , United States, Active | Jun 12, 2003 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 1526 (As on Mar 31, 2024) | - |
Sasken Communication Technologies Limited (niederlassung Deutschland) CIN: R2503_HRB27058 , Germany, Deadpooled | Oct 21, 2009 | - | - | |
SASKEN TECHNOLOGIES LTD CIN: 522268525 , United States, Active | Dec 31, 1999 | - | 12 (As on Dec 31, 2024) | - |
SASKEN TECHNOLOGIES LIMITED CIN: L72100KA1989PLC014226 , India, Active | Feb 13, 1989 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1443 (As on Mar 31, 2024) |
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:
Filter 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 |
View details of Sasken's funding rounds and investors
Sasken's founders and board of directors
Founder? Claim ProfileThe 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:
- Krishna Jhaveri: Co-Founder of Sasken. They serve on the board of 1 company.Contact Info: 1 email address
- Rajiv C Mody: Co-Founder & Co-CEO of Sasken. They serve on the board of 1 company.Contact Info: 1 email address
- Badruddin Agarwala: Co-Founder of Sasken.
- Suresh Dholakia: Co-Founder of Sasken.
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 |
View details of Sasken's Founder profiles and Board Members
Sasken's employee count trend
Sasken has 3,945 employees as of Sep 26. Here is Sasken's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 78/100 | |
2nd | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 76/100 | |
4th | Provider of consulting, data analytics, and IT services | - | 74/100 | ||
5th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 74/100 | |
6th | Endava 2000, London (United Kingdom), Public | Provider of digital transformation services using artificial intelligence and automation | - | 74/100 | |
7th | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 74/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.5M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
33rd | Provider of IT, product engineering and digital transformation services | $26M | 68/100 |
Looking for more details on Sasken's competitors? Click here to see the top ones
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)
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:
Filter 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) |
Reports related to Sasken
Here is the latest report on Sasken's sector:
News related to Sasken
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 Technologies Limited Receives Order from ITAT Bangalore on Tax LitigationStock Screener•Jul 02, 2026•Sasken
•
Sasken Tech Hyderabad Center Deepens Collaboration With QualcommElectronicsforyou•Apr 17, 2026•Sasken, Qualcomm, Carmel Capital
•
Sasken Academy Strengthens Industry-Academia Collaboration with Global Partnerships and Skill InitiativesBusinessFortNight•Dec 11, 2025•Sasken, Borqs
•
Sasken Partners with VicOne to Offer Automotive End-to-End Cybersecurity SolutionsPR Newswire•Sep 21, 2025•VicOne, Sasken
•
Sasken Partners with Microsoft to Accelerate Smart Device Innovation via MDEPPR Newswire•Jun 13, 2025•Sasken, Microsoft
•
•
Sasken Technologies Acquires Borqs Technologies to Boost IoT and 5G CapabilitiesCXOtoday•Apr 14, 2025•Sasken, Borqs
•
Sasken Silicon inaugurates new regional office and ODC centre in Ahmedabad to drive innovation in silicon designExpress Computer•Feb 12, 2025•Sasken
•
Borqs Technologies’ Capital Structure to be Revamped by Recently Announced Sale of BusinessGlobeNewswire•Nov 20, 2024•Borqs, Sasken
•
Sasken Technologies to acquire Borqs Technologies Inc’s Business to Expand Capabilities and Market ReachCXOtoday•Nov 11, 2024•Borqs, Sasken
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