Stelae Technologies
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Stelae Technologies - overview
Established
2012
Location
Chennai, Tamil Nadu, India
Primary Industry
Software
About
Stelae Technologies offers innovative solutions in document and content management, focusing on enhancing operational efficiency for businesses through advanced data processing technologies. Founded in 2012 and headquartered in Chennai, India, Stelae Technologies specializes in document management and processing solutions. The company has undergone strategic enhancements to its operations to align with evolving market needs. Aruna Schwarz leads the company as CEO.
In February 2020, the company raised INR 13. 82 million in funding from Shell India Markets Private Limited, which valued Stelae Technologies at INR 1. 53 billion post-money. To date, Stelae Technologies has executed three notable deals.
Stelae Technologies provides comprehensive document and content management solutions designed to optimize data processing and enhance operational workflows for businesses. The company's services cater to various sectors, ensuring efficient management and retrieval of information while fostering better decision-making and productivity. Their offerings include advanced data extraction, processing, and document lifecycle management, supporting organizations in achieving significant operational efficiency. For the financial year 2022, Stelae Technologies reported revenue of INR 47,302.
1 mn and an EBITDA of INR 11,257. 7 mn, indicative of a robust financial performance underpinned by its innovative service offerings. Stelae Technologies plans to leverage its recent funding of INR 13. 82 million to develop new products focused on enhancing document automation capabilities, with projected launches in late 2023.
The company aims to expand its market presence into Southeast Asia by 2024, targeting countries such as Indonesia and Malaysia. The funding will support the development of new features tailored to regional needs, ensuring Stelae Technologies effectively meets the demands of an evolving market landscape.
Current Investors
Shell India Markets Private Limited, Cross Border Angels, Saha Asset Advisors
Primary Industry
Software
Sub Industries
Content Management Software
Website
www.stelae-technologies.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Stelae Technologies - timeline of key events

Stelae Technologies - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 17,812,051 | 7,770,000 | 8,020,000 | 1,034,400 | 88,880 | 2,034,821 | - | - | - |
| % Revenue Growth (YoY) | - | - | (56.4%) | 3.2% | (87.1%) | (91.4%) | 2189.4% | - | - | - |
| EBITDA (USD) | 1,206,354 | - | (6,820,597) | (22,887,482) | (14,631,909) | (14,697,538) | (3,328,880) | - | - | - |
| Operating Income (USD) | 776,614 | - | (8,590,199) | (25,642,925) | (19,336,813) | (19,899,350) | (8,001,017) | - | - | - |
| Operating Margin | - | - | (110.6%) | (319.7%) | (1869.4%) | (22389.0%) | (393.2%) | - | - | - |
| % EBITDA Margin | - | - | (87.8%) | (285.4%) | (1414.5%) | (16536.4%) | (163.6%) | - | - | - |
| NET Income (USD) | 266,622 | 902,478 | (8,644,605) | (27,667,244) | (26,815,868) | (27,983,841) | (15,053,772) | - | - | - |
| % Net Margin | - | 5.1% | (111.3%) | (345.0%) | (2592.4%) | (31485.0%) | (739.8%) | - | - | - |
Stelae Technologies - employee data


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