Aster Infrastructure
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Aster Infrastructure - overview
Location
Hyderabad, IN-TS-Telangana, India
Primary Industry
Telecoms
About
Aster Infrastructure specializes in providing digital solutions for enhancing online visibility and optimizing web performance, focusing on domain registration and hosting services for various business scales. Aster Infrastructure operates as a key player in the digital services sector, offering solutions that enhance online presence for businesses. The company is headquartered in Hyderabad, India. In March 2011, it was formed through the merger of Ascend Telecom Infrastructure Pvt.
Ltd. and India Telecom Infra Ltd. , combining their telecom tower businesses. The CEO is Srinivasa Alapati.
Most recently, the company raised USD 56. 70 mn in a BUYOUT funding round led by New Silk Route Growth Capital, marking the total amount raised to USD 56. 70 mn. Aster Infrastructure primarily offers digital solutions aimed at enhancing online visibility and optimizing web performance.
Their core products include advanced domain registration and reliable hosting solutions, ensuring high-speed performance and robust security for businesses of all sizes. The company caters to a diverse clientele across Asia, particularly in India, the Middle East, and select regions in Europe, focusing on sectors such as e-commerce, technology, and professional services. In 2020, Aster Infrastructure reported a revenue of USD 8,776,946. 70, alongside an EBITDA of USD -14,572,126.
10, reflecting their financial operations for that year. Aster Infrastructure plans to expand its market reach by launching new products, particularly in domain registration and enhanced hosting solutions, with targeted releases in the upcoming quarters. The company aims to penetrate additional geographic regions, including Southeast Asia and Europe, by the end of 2023. The recent funding of USD 56.
70 mn will support these initiatives, enhancing product development and marketing efforts to solidify their presence in new markets. New Silk Route Growth Capital has exited its stake in the company, indicating a transition towards independent growth.
Primary Industry
Telecoms
Sub Industries
Telecoms Towers & Infrastructure
Website
www.aster.in
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Aster Infrastructure - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,229,092,895 | 10,438,243,402 | 11,280,813,003 | - | 9,255,401,483 | 6,916,775,734 | 3,412,224,707 | - | - | - |
| % Revenue Growth (YoY) | - | 26.8% | 8.1% | - | - | (25.3%) | (50.7%) | - | - | - |
| EBITDA (USD) | 385,484,957 | 821,284,145 | 663,539,385 | 970,998,379 | 175,209,098 | 40,700,304 | (1,177,851,064) | - | - | - |
| Operating Income (USD) | 262,645,430 | 685,436,388 | 532,195,822 | 866,362,858 | 15,829,292 | (113,633,325) | (1,312,953,344) | - | - | - |
| Operating Margin | 3.2% | 6.6% | 4.7% | - | 0.2% | (1.6%) | (38.5%) | - | - | - |
| % EBITDA Margin | 4.7% | 7.9% | 5.9% | - | 1.9% | 0.6% | (34.5%) | - | - | - |
| NET Income (USD) | 125,575,964 | 107,686,510 | 123,868,773 | 133,061,711 | (851,025,768) | (721,369,916) | (2,437,792,235) | - | - | - |
| % Net Margin | 1.5% | 1.0% | 1.1% | - | (9.2%) | (10.4%) | (71.4%) | - | - | - |
Aster Infrastructure - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Aster Infrastructure | - | ||||||||
| Unspecified Exit | Completed | Aster Infrastructure | - |
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Aster Infrastructure - employee data
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