Onward Technologies

Onward Technologies

Engineering Design Services Outsourcing Companies - Mastercam Reseller India - IT Services, Outsourcing, Consulting, Engineering Design Support and Services. Learn more

Launch date
Employees
Market cap
€117m
Enterprise valuation
€110m (Public information from Sep 2024)
Mumbai Maharashtra (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
INR2020202120222023202420252026
Revenues2.7b2.4b3.1b4.4b4.7b7.3b9.3b
% growth-(10 %)28 %43 %7 %55 %27 %
EBITDA248m224m284m327m592m--
% EBITDA margin9 %9 %9 %7 %13 %--
Profit62.4m73.4m237m115m339m639m939m
% profit margin2 %3 %8 %3 %7 %9 %10 %
EV / revenue0.3x0.8x2.5x1.4x2.0x1.2x0.9x
EV / EBITDA3.5x8.1x26.9x18.7x15.9x--
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DateInvestorsAmountRound
N/A

N/A

IPO

$9.7m

Growth Equity VC
Total Funding€8.8m

Recent News about Onward Technologies

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More about Onward Technologiesinfo icon
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Onward Technologies is a global player in software development, testing, and integration, serving industries poised for future growth. With a workforce of 2,600 professionals, the company blends the expertise of graduate engineers and seasoned industry veterans. Operating in six countries with 13 offices, Onward Technologies has a significant presence, particularly in India, where it houses embedded labs dedicated to client-specific software and hardware trials. The company primarily serves the automotive sector, focusing on advanced driver assistance systems (ADAS) and autonomous driving technologies. By integrating intelligent software with robust hardware, Onward Technologies aims to enhance vehicle navigation, safety, and user experience. The business model revolves around providing comprehensive, scalable solutions tailored to client needs, generating revenue through service contracts and project-based engagements.

Keywords: software development, testing, integration, automotive, ADAS, autonomous driving, global presence, embedded labs, scalable solutions, industry veterans.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Onward Technologies

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NV Pune Technology Park
ACQUISITION by Onward Technologies Dec 2021