About Emergic
Emergic is a company based in Mumbai (India). Venture capital funding is provided by Emergic from Mumbai base. It operates on a B2B model. The company has 23 employees. Its Indian entity Novatium Solutions Private Limited reported revenue of ₹2.25 Cr.
Company details
Emergic operates as a venture capital firm headquartered in Mumbai, India. Investments are directed toward early-stage companies and startups across various sectors. Operations are managed from the city, with a focus on the Indian market. The firms online presence is maintained through the domain emergic.org. Services include equity financing and strategic support for emerging businesses in the region.
- Headquarters Mumbai, India
- Employees 23
- Website emergic.org
- Legal Name Novatium Solutions Private Limited
- Date of Incorporation 13 Oct, 2004
- Jurisdiction Chingleput, Tamil Nadu, India
- Annual Revenue₹2.25 Cr
FY 2021 · 0% YoY
- Net Loss-₹2.86 Cr
FY 2021 · -127% margin
- EBITDA-₹2.43 Cr
FY 2021 · -108% margin
- Employee Count23
Associated legal entities of Emergic
Emergic operates through Novatium Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Novatium Solutions Private Limited CIN U72200TN2004PTC054447 | Active | 13 Oct 2004 | Chingleput, Tamil Nadu | ₹2.2 Cr | 23 | 3 | View details |
Board of directors of Novatium Solutions Private Limited (Emergic)
Novatium Solutions Private Limited is the primary company behind Emergic. The board of Novatium Solutions Private Limited currently have 3 directors; the longest-serving is Vijayakumar Somasundaram, appointed in 2017. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijayakumar Somasundaram DIN 07827117 | Director | 19 May 2017 | 9 yrs 5 mo | Novatium Solutions Private Limited |
| Ritesh Kant DIN 07116570 | Director | 15 Nov 2017 | 8 yrs 11 mo | Novatium Solutions Private Limited |
| Rajaneesh Raj Bag DIN 09800706 | Director | 24 Nov 2022 | 3 yrs 11 mo | Novatium Solutions Private Limited |
Financials of Emergic
Figures of Novatium Solutions Private Limited, the primary company behind Emergic, for FY 2021. Revenue was ₹2.25 Cr (0% year on year). Net loss was -₹2.86 Cr (-127% margin). EBITDA was -₹2.43 Cr (-108% margin). Revenue has grown at a compounded annual rate of -24% over three years and -16% over five years.
- ₹2.25 CrRevenue · FY 2021 · 0% YoY
- -₹2.86 CrNet loss · -127% margin
- -₹2.43 CrEBITDA · -108% margin
- ₹2.18 CrPaid-up capital
- 23Employees (provident fund records)
- -24%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Novatium Solutions Private Limited are on its company page.
Detailed financial statements for Emergic
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Frequently Asked Questions about Emergic
Emergic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Emergic has 23 employees.
The primary company behind Emergic, Novatium Solutions Private Limited, reported revenue of ₹2.25 Cr for FY 2021, down 0% year on year.
Emergic operates as a venture capital firm headquartered in Mumbai, India. Investments are directed toward early-stage companies and startups across various sectors. Operations are managed from the city, with a focus on the Indian market. The firms online presence is maintained through the domain emergic.org. Services include equity financing and strategic support for emerging businesses in the region.
Emergic operates through Novatium Solutions Private Limited.
The legal entities of Emergic currently have 3 directors, including Rajaneesh Raj Bag, Ritesh Kant, Vijayakumar Somasundaram.