YsecIT - About the company
YsecIT is a seed company based in Bengaluru (India), founded in 2008. It operates as a Provider of web & software development, networking, and database services. YsecIT has raised $2.09M in funding from Allevia and Investments, with a current valuation of ₹*****. The company has 122624 active competitors, including 947 funded and 7199 that have exited. Its top competitors include companies like IBM, UST and Mindtree.
Company Details
- Website
- ysecit.com
- Social
- Registered Address
- No.74/A, Zed Tech Park, Ground floor, Keonics, Hosur Road, Electronic City Phase 1, Bangalore, Bangalore, Karnataka, India, 560100
Key Metrics
Legal entities associated with YsecIT
YsecIT is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
YSECIT SOFTWARES INDIA PRIVATE LIMITED CIN: U72900KA2012PTC063422 , India, Active | Apr 04, 2012 | $13.3M (As on Mar 31, 2024) | 417 (As on Aug 31, 2025) |
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YsecIT's funding and investors
YsecIT has raised a total funding of $2.09M over 1 round. Its latest funding round was a Seed round on Nov 20, 2018 for $*****. 1 investor participated in its latest round. YsecIT has 1 institutional investor.
Here is the list of recent funding rounds of YsecIT:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2018 | 4595675 | Seed | 4116278 | 8658111 | 2200574 | 7585369 |
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YsecIT's founders and board of directors
Founder? Claim ProfileYsecIT's Board of Directors
YsecIT's board has 2 active members. Awinash Steven Ramgatie and Bhagwandath Tewarie Parmessar are independent board members.Here is the list of YsecIT's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 12y 6m | |
urpmlac | Independent board member | - | Current | 3y 1m |
YsecIT's employee count trend
YsecIT has 417 employees as of Aug 25. The total employee count is 28.0% more than what it was in Aug 24. Here is YsecIT's employee count trend over the years:
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YsecIT's Competitors and alternates
Top competitors of YsecIT include IBM, UST and Mindtree. Here is the list of Top 10 competitors of YsecIT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, United States, Public | Provider of hybrid cloud, artificial intelligence, and consulting services | - | 80/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 80/100 | |
3rd | Consulting and implementations company | $23.9M | 79/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 79/100 | |
5th | Provider of IT consulting, technology, and outsourcing services | - | 76/100 | ||
6th |  Happiest Minds 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 76/100 | |
7th | Provider of digital marketing, data analytics, and IT services | - | 75/100 | ||
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
10th |  Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
330th | Provider of web & software development, networking, and database services | $2.09M | - | 51/100 |
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YsecIT's Latest cap tables and shareholding
Founders (largest shareholder) own 59.03%, Enterprises own 40.97% and Other Investors own 0.00%. The net worth of YsecIT's founders is INR 21.7Cr as of Jan 02, 2019.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 59.03% | 21.7Cr | 8414566 | 3133356 | 4129437 | 2279535 |
Enterprise | 40.97% | 15.1Cr | 7509143 | 9217882 | 7805303 | 4074535 |
Other Investors | - | 2.7K | 0 | 0 | 0 | 0 |
Total | 100.00% | 36.8Cr | 9662440 | 3745733 | 7005469 | 8847328 |
To unlock detailed Cap Table of YsecIT Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of YsecIT's Shareholding
YsecIT's Investments and acquisitions
YsecIT has made no investments or acquisitions yet.
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