
Index Group
Operates in the IT sector with the mission of distributing all kinds of IT products to IT firms in Turkey.
- Technology
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | Growth Equity VC | ||
Total Funding | 000k |

TRY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 104 % | 28 % | 91 % | 97 % | 35 % | 11 % | 34 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 4 % | 7 % | 7 % | 6 % | 7 % | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 1 % | 3 % | 2 % | 1 % | - | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
The story begins in 1989 when Erol Bilecik, one of Turkey's first computer engineers, decided to start his own venture. He founded Index Group with the goal of supplying computer companies across Turkey with necessary technology products from a single, reliable source. The company started in a modest office in Beşiktaş, Istanbul, fueled by an entrepreneurial spirit. Index Group's business model focused on being a comprehensive technology distributor. Over the years, it established partnerships with more than 200 global technology giants, distributing their products to a network of over 8,000 business partners. This strategy allowed the company to become a one-stop shop for both individual and corporate consumers throughout Turkey, a vision it has held since its founding. The group expanded by creating specialized companies for different tech sectors, such as Datagate for telecommunications and Despec for consumer products. A significant chapter in the company's journey was its entry into the public market. The parent company, Index AŞ, went public on the Borsa Istanbul (BIST) on June 24, 2004. This was followed by the IPOs of its group companies, Datagate AŞ in 2006 and Despec AŞ in 2010. These public offerings marked major milestones, cementing the group's leadership position in the Turkish information technology sector, a title it has held since 2001.
Tech stack
Investments by Index Group
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