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Xchanging - About the company

Xchanging is an acquired company based in London (United Kingdom), founded in 1998. It operates as a Business processing, technology and procurement services. , with last known valuation of $*****. The company has 211 active competitors, including 42 funded and 47 that have exited. Its top competitors include companies like Coupa, Zaggle and Bizongo.

Company Details

Xchanging provides products and features for procurement, spend analytics, category and market insights. Its MM4 is a SaaS-based integrated eSourcing, spend analysis, benchmarking, contract management, supplier performance management, project and task management software, market data, company intelligence etc. Has multinational customers in 42 countries in industries such as aerospace and defence, insurance services, financial services, automative, education, CPG etc., and employing over 8,000 people.
Social
Facebook
Registered Address
HP Avenue, 39/40, Electronic City, Hosur Main Road, Bengaluru 560100 Karnataka, Electronics City, Bangalore, Bangalore South, Karnataka, India, 560100
Key Metrics
Founded Year
1998
Location
Stage
Acquired
Last Known Valuation
$***** as on Dec 09, 2015
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
41 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by CSC (Dec 09, 2015)

Xchanging's acquisition details

Xchanging got acquired by CSC on Dec 09, 2015 at an acquisition amount of $*****.
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Xchanging's funding and investors

Xchanging is a funded company. Xchanging has 1 institutional investor.

Xchanging's founders and board of directors

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Xchanging's employee count trend

Xchanging has 41 employees as of May 26. Here is Xchanging's employee count trend over the years:
Employee count trend for Xchanging
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Xchanging's Competitors and alternates

Top competitors of Xchanging include Coupa, Zaggle and Bizongo. Here is the list of Top 10 competitors of Xchanging, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Coupa
Coupa
2006, San Mateo (United States), Acquired
Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend
$169M
87/100
2nd
Logo for Zaggle
Zaggle
2011, Mumbai (India), Public
Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows
$13.7M
84/100
3rd
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
$307M
77/100
4th
Logo for Airbase
Airbase
2017, San Francisco (United States), Acquired
Provider of a platform integrating human resources, finance, and information technology
$91M
72/100
5th
Logo for GEP
GEP
1999, Clark (United States), Unfunded
Cloud-based procurement-to-pay solutions
-
-
69/100
6th
Logo for Procurify
Procurify
2012, Vancouver (Canada), Series C
SaaS-enabled end-to-end spend management software
$82.5M
69/100
7th
Logo for Dice
Dice
2018, Pune (India), Acquired
Provider of spend management and digital commerce platform for enterprises
$6.55M
67/100
8th
Logo for Proactis
Proactis
1996, Wetherby (United Kingdom), Acquired
Provider of cloud-based spend management and e-procurement software
-
67/100
9th
Logo for SkySelect
SkySelect
2011, San Francisco (United States), Series A
Provider of an AI-powered platform for aircraft parts procurement and sourcing
$9M
64/100
10th
Logo for Tropic
Tropic
2020, New York City (United States), Series B
Provider of cloud-based procurement management solutions
$67.1M
63/100
23rd
Logo for Xchanging
Xchanging
1998, London (United Kingdom), Acquired
Business processing, technology and procurement services
-
54/100
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Xchanging's Investments and acquisitions

Xchanging has acquired 3 companies including Spikes Cavell, MarketMaker4 and Data Integration. Xchanging has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 06, 2015
Acquisition
1991
Berkshire County (United States)
Sep 20, 2013
Acquisition
2011
Chicago (United States)
Jun 21, 2010
Acquisition
1997
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Reports related to Xchanging

Here is the latest report on Xchanging's sector:

News related to Xchanging

Media has covered Xchanging for 1 event in last 1 year.
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FAQs about Xchanging

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