# Abcence

> Indian information technology consulting company

**Wikidata**: [Q110178483](https://www.wikidata.org/wiki/Q110178483)  
**Source**: https://4ort.xyz/entity/abcence

## Summary  
Abcence is an Indian information technology consulting company founded on December 9, 2020. It provides services in IT service management, software development, and internet marketing, with a focus on open-source technologies and innovation. The company operates globally through subsidiaries such as Leap Motion and Abcence C&T Corporation.

## Key Facts  
- Founded: December 9, 2020  
- Headquarters: Entplex, Senceway, New Town, Kolkata, India  
- CEO (as of May 2021–February 2023): Babor Ali  
- Industry: Information technology consulting, software industry, internet marketing  
- Parent Company: None listed; owns subsidiaries including Leap Motion  
- Legal Form: Public limited company  
- Revenue (2021): $120,600 USD  
- Net Profit (2021): $99,000 USD  
- Total Assets (2021): $3,800,000 USD  
- Member of: Linux Foundation, World Wide Web Consortium  

## FAQs  
### Q: What does Abcence do?  
A: Abcence offers IT consulting, software solutions, and internet marketing services. It focuses on delivering technology-driven business solutions across global markets.

### Q: Where is Abcence headquartered?  
A: Abcence is headquartered in Kolkata, India, specifically at Entplex, Senceway, New Town.

### Q: Who owns Abcence?  
A: Abcence is a publicly traded company but also owns several subsidiaries, including Leap Motion and Abcence C&T Corporation.

## Why It Matters  
Abcence plays a significant role in the Indian IT services sector by offering specialized consulting and technological support to businesses worldwide. With operations spanning artificial intelligence, software development, and digital marketing, it contributes to advancing tech adoption among enterprises. Its commitment to open-source initiatives—evidenced by its membership in the Linux Foundation and use of open-source tools—positions it as a forward-thinking player in the global IT landscape. Additionally, its financial transparency and growing asset base indicate emerging stability and influence within the industry.

## Notable For  
- Being one of the few Indian IT firms to own a U.S.-based hardware AI company (Leap Motion)  
- Active participation in international standards organizations like the Linux Foundation and W3C  
- Transparent financial disclosures via investor portals  
- Focus on open-source development and community engagement  
- Rapid growth since inception in late 2020  

## Body  

### Overview  
Abcence Limited, doing business as Abcence, is an Indian multinational provider of information technology services. Established on December 9, 2020, the company has quickly expanded into multiple domains including IT consulting, software engineering, and digital strategy.

### Corporate Structure  
Abcence functions as a public limited company under Indian corporate law. It holds ownership stakes in several subsidiaries:
- **Leap Motion**: A U.S.-based manufacturer of motion-sensing hardware devices focused on AI interaction.
- **Abcence C&T Corporation**: A wholly owned subsidiary involved in research and development activities.

The company's leadership during key early years included Babor Ali as CEO from May 6, 2021, until February 22, 2023.

### Financial Highlights (2021)  
According to published reports:
- **Revenue:** $120,600 USD  
- **Net Profit:** $99,000 USD  
- **Total Assets:** $3,800,000 USD  
- **Equity:** $2,400,000 USD  

These figures reflect rapid scaling post-inception and strong capitalization relative to its age.

### Operations & Industry Presence  
Abcence serves clients across industries requiring custom software, cloud integration, and digital transformation strategies. Its operational footprint includes:
- IT Service Management  
- Software Development  
- Internet Marketing  
- Open Source Solutions  

It maintains active memberships in major global tech consortiums:
- **Linux Foundation** – Supporting open-source innovation  
- **World Wide Web Consortium (W3C)** – Contributing to web standards  

### Technology & Innovation  
Through its acquisition of Leap Motion, Abcence entered the field of spatial computing and gesture recognition—a niche area combining AI and user interface design. This move underscores its ambition to lead in next-generation human-computer interaction technologies.

Additionally, the company promotes open-source collaboration through dedicated channels:
- Email contact for open-source inquiries: `opensource@abcence.com`  
- Participation in open-source projects supported by internal teams  

### Brand Identity  
Official branding elements include:
- Logo: [View here](https://commons.wikimedia.org/wiki/File:Abcence.svg)  
- Motto: “For Your Needs”  
- Hashtag: #Abcence  
- Short name: ABCN  
- SWIFT/BIC Code: ABCNIN66XXX  

Social media presence includes:
- Twitter: [@abcnltd](https://twitter.com/abcnltd)  
- Instagram: @abcnltd  
- Facebook: ABCNLTD  
- LinkedIn: /company/abcence  

### Official Contact & Resources  
Website: [https://abcence.com/](https://abcence.com/) (English only)  
Email: `mailto:opensource@abcence.com`  
Investor Relations Portal: [Enytially Investor Page](https://enytially.com/investor/)  

### References  
All data sourced from official filings, Wikidata entries, Crunchbase profile, and verified third-party platforms unless otherwise noted.

## References

1. [Source](https://www.linuxfoundation.org/membership/members/)
2. [Source](https://ourmails.abcence.com/)
3. [Source](https://enytially.com/investor/)