About Cloudnix
Cloudnix is a Technology company based in Bengaluru (India) founded in 2012 by Avinash Nishant. Web and mobile app development services are offered by Cloudnix. Cloudnix has raised $22.55 thousand across 1 funding round from investors including Prashanth Channabasavaiah, Pradeep Narasimhaiah and Devender Dangwal. Cloudnix was last valued at $363.06 thousand in December 2015. Its Indian entity Cloudnix Software Labs Private Limited reported revenue of ₹21.9 Lakh. Cloudnix offers products and services including Shopnix, Hirenix, and Mynix. Its focus areas include Business Services, IT Services, Application Development and Horizontal.
Company details
Cloudnix was founded in 2012 and is based in Bengaluru, India. Web and mobile application development services are provided by the company within the technology sector. Operations focus on custom software solutions for various clients. The firm is led by co-founder Avinash Nishant. Activities are centered in the Indian market, supporting digital product needs across industries.
- Headquarters Bengaluru, India
- Founders Avinash Nishant
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cloudnix.com
- Social LinkedIn X Facebook
- Legal Name Cloudnix Software Labs Private Limited
- Date of Incorporation 21 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹21.9 Lakh
FY 2023 · +80% YoY
- Net Profit₹1.2 Lakh
FY 2023 · 5% margin
- EBITDA₹2.3 Lakh
FY 2023 · 11% margin
- Total Equity Funding$22.55K (USD)
in 1 rounds
- Latest Funding Round$22.55K (USD), Angel Round
Dec 2015
Associated legal entities of Cloudnix
Cloudnix operates through Cloudnix Software Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cloudnix Software Labs Private Limited CIN U72200KA2010PTC053329 | Active | 21 Apr 2010 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details |
Products & Services of Cloudnix
Cloudnix offers a comprehensive portfolio of products and services, including Shopnix, Hirenix, and Mynix.
Platform for eCommerce solutions and online sales management.
ECommerce tool for book and product sales platforms.
Inhouse tool for systematic product building and workflows.
Funding Insights of Cloudnix
Cloudnix has successfully raised a total of $22.55K through 1 strategic funding round. The most recent funding activity was a Angel Round of $22.55 thousand completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22,548
- Total Rounds 1
- Last Round Angel Round — $22,548
- First Round $22,548
(Dec 2015)
- Investors Count 4
All 1 funding rounds of Cloudnix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $22,548 | Angel Round | $363,057 | Prashanth Channabasavaiah, Pradeep Narasimhaiah |
Last known valuation $363,057 (Dec 2015). 4 investors in total: 0 institutional and 4 angel.
Investors in Cloudnix
Cloudnix has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Prashanth Channabasavaiah, Pradeep Narasimhaiah and Devender Dangwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PC Prashanth Channabasavaiah | unknown_fd3f5c6857f646458 | |||
PN Pradeep Narasimhaiah | unknown_dfa5c0e685984c749 | |||
DD Devender Dangwal | unknown_c9797b81cadb4be5a | |||
RS Ruchir Saurabh | unknown_05a01e30486749909 |
Investor details for Cloudnix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cloudnix Software Labs Private Limited (Cloudnix)
Cloudnix Software Labs Private Limited is the primary company behind Cloudnix. The board of Cloudnix Software Labs Private Limited currently have 2 directors; the longest-serving is Avinash Nishant Joshuva, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avinash Nishant Joshuva DIN 03021251 | Director | 21 Apr 2010 | 16 yrs 6 mo | Cloudnix Software Labs Private Limited |
| Paulraj Shashikumar DIN 03021261 | Director | 21 Apr 2010 | 16 yrs 6 mo | Cloudnix Software Labs Private Limited |
People of Cloudnix
1 people are tracked at Cloudnix (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Cloudnix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cloudnix
Figures of Cloudnix Software Labs Private Limited, the primary company behind Cloudnix, for FY 2023. Revenue was ₹21.9 Lakh (+80% year on year). Net profit was ₹1.2 Lakh (5% margin). EBITDA was ₹2.3 Lakh (11% margin). Revenue has grown at a compounded annual rate of +5% over three years and -18% over five years.
- ₹21.9 LakhRevenue · FY 2023 · +80% YoY
- ₹1.2 LakhNet profit · 5% margin
- ₹2.3 LakhEBITDA · 11% margin
- ₹1.4 LakhPaid-up capital
- +5%Revenue CAGR, 3 years
- -18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cloudnix Software Labs Private Limited are on its company page.
Detailed financial statements for Cloudnix
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cloudnix
2 dated milestones of Cloudnix across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cloudnix is founded.
- Funding First funding round of $23K.
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Frequently Asked Questions about Cloudnix
Cloudnix was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Cloudnix is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Cloudnix is a funded company, having raised a total of $22.55K across 1 funding round to date. The company's 1st funding round was a Angel Round of $22.55K, raised on Dec 2015.
The primary company behind Cloudnix, Cloudnix Software Labs Private Limited, reported revenue of ₹21.9 Lakh for FY 2023, up 80% year on year.
Cloudnix was founded in 2012 and is based in Bengaluru, India. Web and mobile application development services are provided by the company within the technology sector. Operations focus on custom software solutions for various clients. The firm is led by co-founder Avinash Nishant. Activities are centered in the Indian market, supporting digital product needs across industries.
Cloudnix offers Shopnix, Hirenix, and Mynix.
Cloudnix has 4 investors. Key investors include Prashanth Channabasavaiah, Pradeep Narasimhaiah, Devender Dangwal, and Ruchir Saurabh.
The valuation of Cloudnix is $363.06K as of Dec 2015.
Cloudnix operates through Cloudnix Software Labs Private Limited.
The legal entities of Cloudnix currently have 2 directors, including Avinash Nishant Joshuva, Paulraj Shashikumar.