About InnoWave
InnoWave is a Technology company based in Lisbon (Portugal) founded in 2017. IoT, application development, cloud, and cyber security services are provided. It operates on a AI-as-a-Service and Professional Services model. The company has 53 employees. InnoWave has completed 1 acquisition, including ViGIE. Its website innowave.tech draws about 11 thousand monthly visits. Its Indian entity Innowave Gdu India Private Limited reported revenue of ₹13.68 Cr. InnoWave offers products and services including Digital Experiences, Cloud Services, Cybersecurity, Digital Application Development, and Data Intelligence. Its focus areas include IT Services, Digital Transformation, Telecommunications and Telecom Services.
Company details
InnoWave is established as an AI-driven global consulting company with a presence in multiple countries. Expertise is provided in telecommunications, energy, and financial services insurance sectors. Solutions are developed to empower businesses through innovation, focusing on digital experiences, cloud migration, cybersecurity, data intelligence, and application development. Industry-specific challenges are addressed using cutting-edge AI and technology to drive meaningful impact and shape future outcomes.
- Indian entity revenue₹13.68 Cr
FY 2023 · -44% YoY
- Indian entity EBITDA-₹47.6 Lakh
FY 2023 · -3% margin
- Latest Funding Round$53.83K (USD), Grant
Feb 2017
- Investors
- Employee Count53
- Investments & Acquisitions
Associated legal entities of InnoWave
InnoWave operates through Innowave Gdu India 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 |
|---|---|---|---|---|---|---|---|
| Innowave Gdu India Private Limited CIN U72900KA2019PTC127660 | Active | 04 Sep 2019 | Bangalore, Karnataka | ₹13.7 Cr | 53 | 3 | View details |
Products & Services of InnoWave
InnoWave offers a comprehensive portfolio of products and services, including Digital Experiences, Cloud Services, Cybersecurity, Digital Application Development, and Data Intelligence.
Digital experiences are enhanced with AI-driven scalable solutions.
Cloud solutions are optimized with AI-driven efficiency strategies.
Cyber resilience is strengthened through AI-powered security measures.
Applications are developed with seamless API governance practices.
Data readiness for AI is ensured through governance.
Funding Insights of InnoWave
- Total Rounds 2
- Last Round Grant — $53,830
- First Round $52,286
(Jan 2017)
- Investors Count 1
All 2 funding rounds of InnoWave 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 |
|---|---|---|---|---|---|
| Feb 2017 | $53,830 | Grant | – | – | |
| Jan 2017 | $52,286 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in InnoWave
InnoWave has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for InnoWave
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 Innowave Gdu India Private Limited (InnoWave)
Innowave Gdu India Private Limited is the primary company behind InnoWave. The board of Innowave Gdu India Private Limited currently have 3 directors; the longest-serving is Nirmala Gambhir, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirmala Gambhir DIN 07742853 | Director | 04 Sep 2019 | 7 yrs 2 mo | Innowave Gdu India Private Limited |
| Shailesh Gambhir DIN 07198601 | Director | 04 Sep 2019 | 7 yrs 2 mo | Innowave Gdu India Private Limited |
| Tiago Manuel Mendes Goncalves DIN 08636213 | Director | 25 Jan 2020 | 6 yrs 9 mo | Innowave Gdu India Private Limited |
People of InnoWave
36 people are tracked at InnoWave (15 in leadership, 21 in team); the tracked headcount is 53.
| Name | Role | Group |
|---|---|---|
Gabriele Freitas | CTO | Leadership |
Nuno Neto | Head Of Cloud Coe | Leadership |
Mónica Carvalho | COO | Leadership |
Tiago Mendes Gonçalves | CEO & Founder | Leadership |
Victor Matia | Chief Revenue Officer (cro) | Leadership |
Diogo Falcão | Head Of Low Code Coe | Leadership |
Sérgio Sá | Head Of Cybersecurity | Leadership |
André Gonçalves | Chief Strategy And Growth Officer (csgo) | Leadership |
Margarida Franca | CFO | Leadership |
Pankaj Parshotam | CMO | Leadership |
| Chief Sustainability Risk Officer (csro) | Leadership | |
Eric Kisiel | VP Operations North America | Leadership |
Christopher Zanyk | VP Of Business Development North America | Leadership |
Sergio Sa | Cybersecurity Director, Innowave | Leadership |
Inês Seixas Martins | Key Account Director . Financial Services | Leadership |
Sara MacEdo Guimarães | Account Delivery Manager | Team |
Vishwas Pachghare | Devops Team Lead | Team |
Gonçalo Pereira | Senior IT Support Specialist | Team |
Luís Andrade | Developer | Team |
Marco Carreira | Key Account Executive | Team |
16 more people are available in the full profile.
Complete people profiles for InnoWave
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 InnoWave
Figures of Innowave Gdu India Private Limited, the primary company behind InnoWave, for FY 2023. Revenue was ₹13.68 Cr (-44% year on year). EBITDA was -₹47.6 Lakh (-3% margin). Revenue has grown at a compounded annual rate of +96% over three years.
- ₹13.68 CrRevenue · FY 2023 · -44% YoY
- -₹47.6 LakhEBITDA · -3% margin
- ₹10 LakhPaid-up capital
- 53Employees (provident fund records)
- +96%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Innowave Gdu India Private Limited are on its company page.
Detailed financial statements for InnoWave
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.
Investments & Acquisitions by InnoWave
InnoWave has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ViGIE.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IoT-enabled monitoring solutions are provided for multi-industry applications. | vigiesolutions.com | Maia, Portugal | 2009 | Jul 2019 | •••• |
Complete acquisition details for InnoWave
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of InnoWave
4 dated milestones of InnoWave across 2 years, from founding to its latest funding, stage changes and deals.
- Founded InnoWave is founded.
- Funding First funding round of $52K.
- Funding Latest funding round, Grant, of $54K.
- Acquisition Acquires ViGIE.
Web traffic of InnoWave
The website of InnoWave (innowave.tech) receives about 11.2K visits a month.
- Monthly visits11.2K
▼ 11.5% vs previous month
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Frequently Asked Questions about InnoWave
InnoWave was founded in 2017.
InnoWave is headquartered in Lisbon, Portugal.
InnoWave has 53 employees.
The primary company behind InnoWave, Innowave Gdu India Private Limited, reported revenue of ₹13.68 Cr for FY 2023, down 44% year on year.
InnoWave is established as an AI-driven global consulting company with a presence in multiple countries. Expertise is provided in telecommunications, energy, and financial services insurance sectors. Solutions are developed to empower businesses through innovation, focusing on digital experiences, cloud migration, cybersecurity, data intelligence, and application development. Industry-specific challenges are addressed using cutting-edge AI and technology to drive meaningful impact and shape future outcomes.
InnoWave offers Digital Experiences, Cloud Services, Cybersecurity, Digital Application Development, and Data Intelligence.
InnoWave has made 1 acquisition, including ViGIE.
InnoWave has 1 investor. Key investors include European Union.
InnoWave operates through Innowave Gdu India Private Limited.
The legal entities of InnoWave currently have 3 directors, including Nirmala Gambhir, Tiago Manuel Mendes Goncalves, Shailesh Gambhir.