About IDS Next
IDS Next is a Travel & Hospitality company based in Bengaluru (India). It operates as a hospitality technology solutions are provided by IDS Next globally. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. The company has 308 employees. IDS Next has completed 1 acquisition, including ShawMan Software. Its Indian entity Ids Next Business Solutions Private Limited reported revenue of ₹41.66 Cr. IDS Next offers products and services including FX Front Office Management, FX POS, FortuneNext Restaurant Management System, and FX Spa. Its focus areas include Technology, Software and Hospitality Software. Similar companies include CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix and 4 more; 9 of its 9 listed similar companies have raised funding.
Company details
Hospitality technology solutions are developed and offered by IDS Next, focusing on cloud-native SaaS software and ERP systems for hotels, resorts, restaurants, banquets, and wellness venues. Operations are streamlined through a full-stack platform that integrates various functions, delivering real-time insights and enhancing efficiency. Sectors such as hospitality and leisure are served with scalable solutions for independent properties and chains. Guest experiences are optimized, and sustainable growth is supported through innovative tools tailored to modern industry demands.
- Headquarters Bengaluru, India
- Employees 308
- SectorsTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website idsnext.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ids Next Business Solutions Pvt Ltd
- Date of Incorporation 16 Nov, 1992
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹41.66 Cr
FY 2024 · -24% YoY
- Net Profit₹45.6 Lakh
FY 2024 · 1% margin
- EBITDA₹5.02 Cr
FY 2024 · 12% margin
- Employee Count308
- Investments & Acquisitions
Associated legal entities of IDS Next
IDS Next operates through Ids Next Business Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ids Next Business Solutions Private Limited CIN U72200KA1992PTC013696 | Active | 16 Nov 1992 | Bangalore, Karnataka | ₹41.7 Cr | 308 | 7 | View details |
Products & Services of IDS Next
IDS Next offers a comprehensive portfolio of products and services, including FX Front Office Management, FX POS, FortuneNext Restaurant Management System, and FX Spa.
Software for managing hotel front office operations efficiently.
Solution for processing transactions in hospitality venues seamlessly.
System for optimizing restaurant operations and financial management.
Tool for managing spa bookings and operational workflows.
Apps and channels of IDS Next
its YouTube channel IDS Next has 1K subscribers and 30 videos.
Videos from IDS Next
The most watched videos on IDS Next's YouTube channel, IDS Next (1K subscribers). Click a video to play it here.
More on IDS Next.
Board of directors of Ids Next Business Solutions Private Limited (IDS Next)
Ids Next Business Solutions Private Limited is the primary company behind IDS Next. The board of Ids Next Business Solutions Private Limited currently have 7 directors; the longest-serving is Vissal Mathew, appointed in 1992. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vissal Mathew DIN 00084520 | Director | 16 Nov 1992 | 33 yrs 10 mo | Ids Next Business Solutions Private Limited |
| Suresh John DIN 00084555 | Director | 16 Nov 1992 | 33 yrs 10 mo | Ids Next Business Solutions Private Limited |
| Anumolu Balamurali Krishna DIN 00095932 | Director | 31 Oct 1997 | 28 yrs 11 mo | Ids Next Business Solutions Private Limited |
| Stephen Poonnen DIN 00066173 | Director | 31 Oct 1997 | 28 yrs 11 mo | Ids Next Business Solutions Private Limited |
| Hiren Haresh Ved DIN 00049597 | Nominee Director | 07 Mar 2000 | 26 yrs 7 mo | Ids Next Business Solutions Private Limited |
| Binumathews DIN 00108112 | Director | 05 Jan 2015 | 11 yrs 9 mo | Ids Next Business Solutions Private Limited |
| Jamshed Pesi Shaw DIN 00562773 | Director | 03 May 2022 | 4 yrs 5 mo | Ids Next Business Solutions Private Limited |
People of IDS Next
67 people are tracked at IDS Next (17 in leadership, 2 in board & advisors, 48 in team); the tracked headcount is 308.
| Name | Role | Group |
|---|---|---|
Jacob KI | VP, Business Development | Leadership |
Jimmy Shaw | Director | Leadership |
Sarangorn Koonprasitporn | General Manager, Operations | Leadership |
Lalit Yadav | Zonal Head, Professional Service | Leadership |
Kamatchi Nathan | Zonal Head, South India | Leadership |
Mrutyunjaya Das | Zonal Head, Eastern India, Bangladesh & Bhutan | Leadership |
Solomon Anyanonu | Country Head, Sales, Nigeria | Leadership |
| Chief Executive Officer & Board Member | Leadership | |
Rajesh P Yadav | Chief Revenue Officer | Leadership |
Nandika Udupihilla | VP & Country Head | Leadership |
Reeves Mathews | VP, Global Customer Success & Professional Services | Leadership |
Shubhendu Banerjee | Zonal Head, Customer Success | Leadership |
Rawal Jain | Zonal Head, Professional Service | Leadership |
Swaminathan Ramani | VP Saas Engineering | Leadership |
Sangu Muthapillai | Vice President | Leadership |
Gaurav Vig | National Head - Customer Success | Leadership |
Gyanaranjan Dhal | VP, Technical Service, Middle East & Africa | Leadership |
| Founder & Chairman | Board & advisors | |
| Founder & Vice Chairman | Board & advisors | |
Adrien Chastang | Executive Support & Services | Team |
47 more people are available in the full profile.
Complete people profiles for IDS Next
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Financials of IDS Next
Figures of Ids Next Business Solutions Private Limited, the primary company behind IDS Next, for FY 2024. Revenue was ₹41.66 Cr (-24% year on year). Net profit was ₹45.6 Lakh (1% margin). EBITDA was ₹5.02 Cr (12% margin). Revenue has grown at a compounded annual rate of +8% over three years and -2% over five years.
- ₹41.66 CrRevenue · FY 2024 · -24% YoY
- ₹45.6 LakhNet profit · 1% margin
- ₹5.02 CrEBITDA · 12% margin
- ₹3.10 CrPaid-up capital
- 308Employees (provident fund records)
- +8%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ids Next Business Solutions Private Limited are on its company page.
Detailed financial statements for IDS Next
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by IDS Next
IDS Next has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ShawMan Software.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based POS solutions for restaurants are provided. | shawmansoftware.com | Mumbai, India | 1989 | May 2022 | •••• |
Complete acquisition details for IDS Next
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Similar companies to IDS Next
IDS Next has 9 listed similar companies in our database, 9 of them funded. They include CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| guesty.com | 2013 | Walnut, United States | $409.25M | – | Cloud-based software is provided for vacation rental management and synchronization. | |
| shijigroup.com | 1998 | Beijing, China | $458.66M | – | Cloud-based property management solutions for hospitality are provided. | |
| stayntouch.com | 2012 | Bethesda, United States | $60.8M | 69 | Property management software is delivered through a SaaS platform. | |
| hotelogix.com | 2008 | Singapore | $9.97M | 162 | Cloud-based hotel management system | |
| rategain.com | 2004 | London, United Kingdom | $64.87M | 12 | SaaS solutions for hospitality revenue and operations management are delivered. | |
| canarytechnologies.com | 2017 | San Francisco, United States | $175.15M | 106 | Enterprise hospitality technology solutions are provided for business operations. | |
| mews.com | 2012 | Amsterdam, Netherlands | $409.99M | – | Cloud-based software for hotel and hostel operations is managed. | |
| apaleo.com | 2017 | Munich, Germany | $31.23M | 32 | Cloud-based ERP system for hotel operations is provided. |
Detailed similar companies of IDS Next
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of IDS Next
Websites that share an audience with IDS Next (idsnext.com).
Websites whose visitors overlap most with IDS Next. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| duettocloud.com | 52% | 32.7K | #1,169,829 | View details | |
| stayntouch.com | 46% | 498.7K | #113,217 | View details | |
| rategain.com | 42% | 408.9K | #209,042 | View details |
Top companies in Hotel IT
10 companies that operate in the same segment as IDS Next (Hotel IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS-based operations management is provided for hospitality and aviation sectors. | 1987 | Madrid, Madrid, Spain | – | USD 7.66 B | 20,640 | |
Cloud-based software is provided for vacation rental management and synchronization. | 2013 | Walnut, California, United States | USD 409.25 M | – | – | |
Browser-based software solutions for hotels and other accomodations | 2012 | San Diego, California, United States | USD 246.94 M | – | – | |
Cloud-based software solutions for vacation rental management are offered. | 2012 | Barcelona, Catalonia, Spain | USD 37.34 M | USD 22.62 M | – | |
Cloud-based revenue management solutions are provided for the hospitality sector. | 2012 | San Francisco, California, United States | USD 143.28 M | – | 84 | |
Cloud-driven reservation software is provided for hotel management. | 2006 | Sydney, New South Wales, Australia | USD 105 M | USD 183.24 M | 1,320 | |
Enterprise hospitality technology solutions are provided for business operations. | 2017 | San Francisco, California, United States | USD 175.15 M | – | 106 | |
Independent hotel management software and solutions are provided. | 2016 | Singapore, Singapore | USD 21.6 M | USD 5.32 K | – | |
Cloud-based supply chain and HR solutions for hospitality are offered. | 1999 | London, England, United Kingdom | – | – | – | |
Revenue management solutions are provided for hotels in hospitality. | 2012 | London, England, United Kingdom | USD 472.9 M | – | 1,302 |
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Related news about Ids Next
Complete news archive for IDS Next
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Frequently Asked Questions about IDS Next
IDS Next is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
IDS Next has 308 employees.
The primary company behind IDS Next, Ids Next Business Solutions Private Limited, reported revenue of ₹41.66 Cr for FY 2024, down 24% year on year.
Hospitality technology solutions are developed and offered by IDS Next, focusing on cloud-native SaaS software and ERP systems for hotels, resorts, restaurants, banquets, and wellness venues. Operations are streamlined through a full-stack platform that integrates various functions, delivering real-time insights and enhancing efficiency. Sectors such as hospitality and leisure are served with scalable solutions for independent properties and chains. Guest experiences are optimized, and sustainable growth is supported through innovative tools tailored to modern industry demands.
IDS Next's top competitors include Guesty, CloudBeds and Canary Technologies.
IDS Next offers FX Front Office Management, FX POS, FortuneNext Restaurant Management System, and FX Spa.
IDS Next has made 1 acquisition, including ShawMan Software.
IDS Next operates through Ids Next Business Solutions Private Limited.
The legal entities of IDS Next currently have 7 directors, including Anumolu Balamurali Krishna, Hiren Haresh Ved, Vissal Mathew and others.