I-Logix
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I-Logix - overview
Established
1983
Location
Chennai, -, India
Primary Industry
Software
About
I-Logix is a domain name registration and leasing service provider, specializing in premium domain acquisition for businesses and individuals, enhancing their online identity. I-Logix was founded in 1983 and operates from Chennai, India. The company focuses on domain name registration and leasing services. In March 2006, it was acquired by Telelogic AB for USD 80.
00 mn in an all-cash transaction. The founder’s prior history and other ventures are not publicly available. Ilogix. net primarily offers domain name registration and leasing services, allowing individuals and businesses to acquire premium domain names.
The company's core product is the sale of the domain name ilogix. net, available for a one-time price of USD 4,911 or through a lease-to-own option priced at USD 226 per month. This service caters to entrepreneurs, startups, and established businesses seeking to enhance their online presence. The platform ensures a seamless transaction process through secure payment methods and local currency support during checkout, targeting a global market to simplify domain acquisition.
Ilogix. net generates revenue primarily through domain name sales and leasing agreements. For the most recent financial year in 2019, the company reported a revenue of USD 834. 1 mn with an EBITDA of USD -1,256.
5 mn. Clients typically include entrepreneurs, small business owners, and larger corporations looking to establish a robust online footprint. The pricing for their flagship domain offering, ilogix. net, is fixed at USD 4,911 for outright purchase, contributing to straightforward revenue generation per transaction, while the lease-to-own model enables recurring revenue.
While specific upcoming products and their release dates are not mentioned, the company appears poised for growth following its acquisition in March 2006. The recent funding will likely support continued operations and market presence but detailed strategic plans for new markets or regions are not provided.
Current Investors
Commonwealth Capital Ventures, North Bridge Venture Partners, ABS Ventures
Primary Industry
Software
Sub Industries
Software
Website
ilogix.net
Total Amount Raised
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