FixNix

Chennai, India Founded: 2012 • Age: 14 yrs
Cloud-based GRC solutions are delivered for SMBs and enterprises.
Annual revenue $3,671 Latest available
Total funding $762,510 7 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About FixNix

FixNix is a company based in Chennai (India) founded in 2012. FixNix has raised $762.51 thousand across 7 funding rounds from investors including Government of Tamil Nadu, Rise accelerator and Jay Vijayan. FixNix offers products and services including FreshGRC and Whistle-Blower Solution. FixNix operates in a competitive market with competitors including IDnow, Alloy, NAVEX Global, Parallel Markets and Craft, among others.

  • Headquarter Chennai, India
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Fixnix Infosec Solutions Private Limited
  • Date of Incorporation 22 Nov, 2012
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.67 K (USD)
    -90.24
    as on Mar 31, 2017
  • Net Profit
    -$14.29 K (USD)
    -4.44
    as on Mar 31, 2017
  • EBITDA
    $1.71 K (USD)
    -65.96
    as on Mar 31, 2017
  • Total Equity Funding
    $762.51 K (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of FixNix

FixNix offers a comprehensive portfolio of products and services, including FreshGRC and Whistle-Blower Solution.

Product name locked
Category locked
Primary

Platform for simplifying governance and compliance monitoring.

Product name locked
Category locked
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Tool for anonymous reporting and investigation of malpractices.

People of FixNix

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Shanmugavel Sankaran
Founder
People
VIVEK KUMAR
Product Manager
People
Velmurugan K
Product Manager

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Teams

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Funding Insights of FixNix

FixNix has successfully raised a total of $762.51K across 7 strategic funding rounds. 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.

Investors in FixNix

FixNix has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Government of Tamil Nadu, Rise accelerator and Jay Vijayan.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
FinTech startups are accelerated through an 18-week Mumbai-based program.
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Government services and information are provided via the portal.
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Jay Vijayan

Founder of Tekion, ex-CIO Tesla, active angel investor in tech startups
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Investor details for FixNix

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Investments & Acquisitions by FixNix

Investments
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Investment portfolio details for FixNix

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  • Transaction dates
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Financial Statements - FixNix

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Detailed financials for FixNix

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  • Profit trends
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Fixnix Comparisons

FixNix Primary company
Description
Cloud-based GRC solutions are delivered for SMBs and enterpr...
Location
Chennai, India
Founded Year
2012
Annual Revenue
$3.67 K (USD)
Net Profit
-$14.29 K (USD)
EBITDA
$1.71 K (USD)
Employees
Not available
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Peer comparison for FixNix

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of FixNix

FixNix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IDnow, Alloy, NAVEX Global, Parallel Markets and Craft, among others.

Company Name Domain Founded year HQ Location Description
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Automated and expert-led identity verification services are provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Cloud-based ethics and compliance software is provided for risk management.
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Software solutions for private market investors
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Craft is recognized for providing supply chain resilience solutions.
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Provides loans, risk management solutions and merchant service platform
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Detailed competitors of FixNix

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Latest news on Fixnix

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Complete news archive for FixNix

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  • Source and publication date
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Frequently Asked Questions about FixNix

FixNix was founded in 2012 and raised its 1st funding round 1 year after it was founded.

FixNix is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

FixNix is a funded company, having raised a total of $762.51K across 7 funding rounds to date.

Annual revenue of FixNix is $3.67K as on Mar 31, 2017.

FixNix provides a SaaS-based GRC solution for SMBs and enterprises for automating IT security workflow actions. Platform is an enterprise tool which automates tasks like audit, risk, security incident, asset and policy management. Solution includes API integrations with Helpdesk, Invoice management tools and approached with gamification features to improve engagement. The solution is priced 30k for in-premise deployment and subscription as low as 500 to 5k monthly and claims to match its competitors products in terms of functionality. Claims to have generated a revenue of 500k since launch. Received 25 subsidy from the TamilNadu government. Claims to have over 213 corporate clients. One of the selected speaker at Startup India Event, 2016. Raised 500k in pre-series A funding from Jay Vijayan (CIO, Tesla) and other Silicon Valley-based angel investors in March 2016. The company also claimed to have over 200 clients while generating revenues close to 500K at the same time. The company is a regional winner of the Microsoft BizSparks challenge, Nasscomm Emerge 50 and has also graduated from the Barclays and SocGen Accelerator programs.

FixNix's top competitors include IDnow, AuditBoard and Craft.

FixNix offers FreshGRC and Whistle-Blower Solution.

FixNix has 3 investors. Key investors include Government of Tamil Nadu, Rise accelerator, and Jay Vijayan.

The valuation of FixNix is $13.5M as of Mar 2016.

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