
Inteq
Outsourced software development, testing, and quality assurance services.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
$40.0m | Series B | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 9 % | 7 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Inteq Software LLP provides outsourced product development, software development, and quality assurance services targeted at small to medium-sized corporations and emerging technology businesses. Established in 1994 and headquartered in Hyderabad, India, the company operates with an ISO 9001:2015 certification and CMMI initiative, focusing on delivering cost-effective IT solutions.
The firm was founded as Inteq Software Private Limited and later converted to a Limited Liability Partnership (LLP) in 2019. The management team includes Chairman & Chief Promoter NC Murthy, who has extensive experience in the software services industry and venture funding. Other key figures are Managing Director NC Nagarajan, who has been central to the company's growth, and Venkat Merla, Director of Business Development & Finance, who was part of the startup team. The leadership team's expertise spans business planning, project management, and various technology domains like healthcare, insurance, and travel.
Inteq's business model revolves around an offshore delivery system that balances onsite and offshore components to manage costs and project visibility. The company offers a wide range of services, including application development, application migration, software validation, data warehousing, and consulting services for Oracle and Microsoft Dynamics applications. It also provides healthcare BPO services. The company serves clients across multiple industry verticals by creating dedicated customer focus groups composed of business and technology experts to address specific needs.
Keywords: software development services, outsourced product development, quality assurance, application development, application migration, software validation, data warehousing, healthcare BPO, IT consulting, offshore software development, Oracle application services, Microsoft Dynamics services, IT services, enterprise systems, business intelligence