About iNube Software Solutions
iNube Software Solutions is a company based in Bengaluru (India) founded in 2010 by Ravichandran Mahalingam, Ramprasad Sanjeevi, and Vikram Nagarajan. iNube Software Solutions has raised $545.17 thousand across 1 funding round from investors including Karan Ravishankar Sarnaik, Nalini Siddarth Sarnaik and Akkamahadevi Ravishankar Sarnaik. The company has 474 employees. iNube Software Solutions offers products and services including Policy Administration System, Crop Insurance System, Health Claims System, and Motor Claims System. iNube Software Solutions operates in a competitive market with competitors including Toffee Insurance, IDBI Federal, Trovity, Finizon and Kumar Investment Solutions, among others.
- Headquarter Bengaluru, India
- Employees 474
- Founders Ravichandran Mahalingam, Ramprasad Sanjeevi, Vikram Nagarajan
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website inubesolutions.com
- Social LinkedIn X Facebook Instagram
- Legal Name Inube Software Solutions Private Limited
- Date of Incorporation 16 Aug, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹39.81 Cr
FY 2025 · +3% YoY
- Net Profit₹23.7 Lakh
FY 2025 · 1% margin
- EBITDA₹4.32 Cr
FY 2025 · 11% margin
- Total Equity Funding$545.17K (USD)
in 1 rounds
- Latest Funding Round$545.17K (USD), Angel Round
May 2013
- Employee Count474
Associated legal entities of iNube Software Solutions
iNube Software Solutions operates through Inube Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Inube Software Solutions Private Limited CIN U72200KA2010PTC054801 | Active | 16 Aug 2010 | Bangalore, Karnataka | ₹39.8 Cr | 474 | 6 | View details |
Products & Services of iNube Software Solutions
iNube Software Solutions offers a comprehensive portfolio of products and services, including Policy Administration System, Crop Insurance System, Health Claims System, and Motor Claims System.
Modular platform for modernizing insurance policy administration processes.
Centralized system to digitize and unify crop insurance data management.
Platform to enhance health claims processing and prevent fraudulent activities.
Streamlines end-to-end motor insurance claims on a unified platform.
Funding Insights of iNube Software Solutions
iNube Software Solutions has successfully raised a total of $545.17K through 1 strategic funding round. The most recent funding activity was a Angel Round of $545.17 thousand completed in May 2013. 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 $545,172
- Total Rounds 1
- Last Round Angel Round — $545,172
- First Round $545,172
(May 2013)
- Investors Count 4
All 1 funding rounds of iNube Software Solutions 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 |
|---|---|---|---|---|---|
| May 2013 | $545,172 | Angel Round | $1.5M | Siddarath Ravishankar Sarnaik |
| Date | Valuation | Stage |
|---|---|---|
| May 2013 | $1.5M | •••••••• |
Last known valuation $1.5M (May 2013). 4 investors in total: 0 institutional and 4 angel.
Investors in iNube Software Solutions
iNube Software Solutions has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Karan Ravishankar Sarnaik, Nalini Siddarth Sarnaik and Akkamahadevi Ravishankar Sarnaik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KR Karan Ravishankar Sarnaik | - | – | unknown_6742da64e6854e3d9 | - |
NS Nalini Siddarth Sarnaik | - | – | unknown_f7955f0fa3214a7d9 | - |
AR Akkamahadevi Ravishankar Sarnaik | - | – | unknown_5a80aee023394edaa | - |
SR Siddarath Ravishankar Sarnaik | - | – | unknown_a7f08c5e08c84084a | - |
Investor details for iNube Software Solutions
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 Inube Software Solutions Private Limited (iNube Software Solutions)
Inube Software Solutions Private Limited is the primary company behind iNube Software Solutions. The board of Inube Software Solutions Private Limited currently have 6 directors; the longest-serving is Ravichandran Mahalingam, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravichandran Mahalingam DIN 02698985 | Director | 16 Aug 2010 | 16 yrs 1 mo | Inube Software Solutions Private Limited |
| Vikram Nagarajan DIN 03153976 | Director | 16 Aug 2010 | 16 yrs 1 mo | Inube Software Solutions Private Limited |
| Sanjeevi Ramprasad DIN 03525792 | Director | 14 Feb 2011 | 15 yrs 7 mo | Inube Software Solutions Private Limited |
| Vinodkumar Iyer Ananth DIN 02700086 | Director | 17 Oct 2011 | 14 yrs 11 mo | Inube Software Solutions Private Limited |
| Ravishankar Chudamani Sarnaik DIN 06744684 | Director | 21 May 2013 | 13 yrs 4 mo | Inube Software Solutions Private Limited |
| Krishnan Subramanian DIN 10940722 | Director | 03 Sep 2025 | 1 yr 1 mo | Inube Software Solutions Private Limited |
People of iNube Software Solutions
22 people are tracked at iNube Software Solutions (9 in leadership, 13 in team); the tracked headcount is 474.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership | |
| CEO | Leadership | |
Manisha Oberoi | Vice President Of Sales | Leadership |
Shankar Subramanian | Program Director | Leadership |
Harbinder Singh Bhutani | Senior Vice President Growth & Revenue | Leadership |
Prasad M. Prabhu | Vice President | Leadership |
Dr. Amit Gupta | Associate Vice President | Leadership |
Shwetha Rajur | Senior Technical Lead | Team |
Rakshita Rv | Senior Software Engineer | Team |
Dhananjay Kumar Gupta | Senior Software Engineer | Team |
Nandini Jk | Software Engineer | Team |
S Sudhan | Software Engineer | Team |
Harshita Singh | UI Designer | Team |
Pinal Patel | Senior UI Designer | Team |
Fasil Faizani | UI Designer | Team |
J D Moorthy | EVP - Business & Domain | Team |
Manjunath S | Senior Business Analyst | Team |
Arun Nicodemus | PMO | Team |
2 more people are available in the full profile.
Complete people profiles for iNube Software Solutions
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 iNube Software Solutions
Figures of Inube Software Solutions Private Limited, the primary company behind iNube Software Solutions, for FY 2025. Revenue was ₹39.81 Cr (+3% year on year). Net profit was ₹23.7 Lakh (1% margin). EBITDA was ₹4.32 Cr (11% margin). Revenue has grown at a compounded annual rate of +14% over three years and +8% over five years.
- ₹39.81 CrRevenue · FY 2025 · +3% YoY
- ₹23.7 LakhNet profit · 1% margin
- ₹4.32 CrEBITDA · 11% margin
- ₹45.8 LakhPaid-up capital
- 474Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Inube Software Solutions Private Limited are on its company page.
Detailed financial statements for iNube Software Solutions
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 iNube Software Solutions
3 dated milestones of iNube Software Solutions across 3 years, from founding to its latest funding, stage changes and deals.
- Founded iNube Software Solutions is founded.
- Funding First funding round of $545K.
- Milestone Reaches Minicorn status.
Competitors of iNube Software Solutions
iNube Software Solutions 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 Toffee Insurance, IDBI Federal, Trovity, Finizon and Kumar Investment Solutions, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| toffcover.in | 2017 | Gurugram, India | $12.19M | 1 | Provider of microinsurance products for individuals | |
| idbifederal.com | 2007 | Mumbai, India | – | 787 | Life insurance policies and retirement solutions are offered nationwide. | |
| trovity.com | 2021 | Hyderabad, India | – | 40 | Online platform for insurance broking, claims management, and personalized risk analysis. | |
| finizon.com | 2020 | Mumbai, India | $161,734 | – | Financial services are provided by Finizon in Mumbai, India. | |
| kumarinvestmentsolutions.com | 2020 | Ranchi, India | – | – | Provides comprehensive solutions for life, health, home, auto, travel, and marine insurance. | |
| rapinfo.co.in | 2014 | Delhi, India | – | – | Offers life, health, and motor insurance to individuals with expert advice. | |
| moneyworks.co.in | 2002 | Mumbai, India | – | – | Diversified assets are managed by the firm in Mumbai. | |
| gili.co.in | 2024 | Andheri, India | – | – | An insurance provider delivering personalized coverage options for individual needs. |
Detailed competitors of iNube Software Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of iNube Software Solutions
The website of iNube Software Solutions (inubesolutions.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 33.5% vs previous month
Websites whose visitors overlap most with iNube Software Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sendgrid.softlayer.com | sendgrid.softlayer.com | 100% | – | – | – |
| itmethods.com | 98% | – | #5,490,201 | View details | |
| inube.com | 76% | – | #6,989,187 | View details | |
wamnet.com | wamnet.com | 63% | – | – | – |
| aerocominc.com | 60% | 680.7K | #3,927,156 | View details |
Latest news on Inube Software Solutions
Complete news archive for iNube Software Solutions
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to iNube Software Solutions
10 companies that operate in the same segment as iNube Software Solutions (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about iNube Software Solutions
iNube Software Solutions was founded in 2010 and raised its 1st funding round 3 years after it was founded.
iNube Software Solutions is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vinodkumar Iyer is the current CEO of iNube Software Solutions.
iNube Software Solutions is a funded company, having raised a total of $545.17K across 1 funding round to date. The company's 1st funding round was a Angel Round of $545.17K, raised on May 2013.
iNube Software Solutions has 474 employees.
The primary company behind iNube Software Solutions, Inube Software Solutions Private Limited, reported revenue of ₹39.81 Cr for FY 2025, up 3% year on year.
iNube Software Solutions was founded in 2010 and is headquartered in Bengaluru, India. Software platforms are offered for sectors including health insurance claims management via Claimslive, insurance sales via Sell Well, agricultural insurance, and mobile app development through the Evidens platform. The EVIDENS RMAD Platform enables creation and management of enterprise mobile applications without coding requirements. Operations focus on delivering these solutions across various verticals.
iNube Software Solutions's top competitors include IDBI Federal, Toffee Insurance and Finizon.
iNube Software Solutions offers Policy Administration System, Crop Insurance System, Health Claims System, and Motor Claims System.
iNube Software Solutions has 4 investors. Key investors include Karan Ravishankar Sarnaik, Nalini Siddarth Sarnaik, Akkamahadevi Ravishankar Sarnaik, and Siddarath Ravishankar Sarnaik.
The valuation of iNube Software Solutions is $1.5M as of May 2013.
iNube Software Solutions operates through Inube Software Solutions Private Limited.