MicroNXT

Bengaluru, India Founded: 2015 • Age: 11 yrs
Offers a cloud-based POS system tailored for small and medium enterprises.

About MicroNXT

MicroNXT is a company based in Bengaluru (India) founded in 2015 by Mahaveer K. It operates as a B2B. MicroNXT operates in a competitive market with competitors including Ezetap, Presto, Mswipe, Payswiff and ITAB, among others.

Key Metrics
  • Annual Revenue
    ₹33.8 Lakh

    FY 2022 · +20% YoY

  • Net Profit
    ₹10,389

    FY 2022 · 0% margin

  • EBITDA
    ₹1.3 Lakh

    FY 2022 · 4% margin

Board of directors of Micronxt Solutions Private Limited (MicroNXT)

Micronxt Solutions Private Limited is the primary company behind MicroNXT. The board of Micronxt Solutions Private Limited currently have 2 directors; the longest-serving is Kesarichand Mahaveer Chand, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Kesarichand Mahaveer Chand
DIN 07431257
Director30 Apr 201610 yrs 5 moMicronxt Solutions Private Limited
Vijay
DIN 07431282
Director30 Apr 201610 yrs 5 moMicronxt Solutions Private Limited

People of MicroNXT

1 people are tracked at MicroNXT (1 in leadership).

NameRoleGroup
Mahaveer K
FounderLeadership
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Financials of MicroNXT

Figures of Micronxt Solutions Private Limited, the primary company behind MicroNXT, for FY 2022. Revenue was ₹33.8 Lakh (+20% year on year). Net profit was ₹10,389 (0% margin). EBITDA was ₹1.3 Lakh (4% margin). Revenue has grown at a compounded annual rate of +16% over three years and +20% over five years.

  • ₹33.8 LakhRevenue · FY 2022 · +20% YoY
  • ₹10,389Net profit · 0% margin
  • ₹1.3 LakhEBITDA · 4% margin
  • ₹1 LakhPaid-up capital
  • +16%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Micronxt Solutions Private Limited are on its company page.

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Detailed financial statements for MicroNXT

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Competitors of MicroNXT

MicroNXT 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 Ezetap, Presto, Mswipe, Payswiff and ITAB, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ezetap.com2011Bengaluru, India$66.4M532
Cloud-based mPOS software and hardware solutions are provided for businesses.
presto.com2008San Carlos, United States$82.62M137
Drive-through automation solutions for restaurants are provided using AI.
mswipe.com2011Mumbai, India$125.95M1,088
Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
payswiff.com2013Hyderabad, India$12.8M457
Provider of POS and MPOS solutions for businesses to accept card payments
itab.com1978Jonkoping, Sweden–6
Self-checkout solutions are provided for retail businesses worldwide.
snapbizz.com2013Bengaluru, India$8.9M78
Cloud-connected POS solutions are offered for small retailers.
innoviti.com2002Bengaluru, India$141.01M198
Integrated online and offline payment solutions are provided for businesses.
evolute.in1970Mumbai, India$240,671213
Embedded systems for fintech and payments are designed and manufactured.
queuebuster.co2016Noida, India$8.1M92
All-in-one POS and business management system is provided.
myoxigen.com2004Gurugram, India$50.18M159
POS software is offered for online and offline business transactions.
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Detailed competitors of MicroNXT

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Similar companies to MicroNXT

10 companies that operate in the same segment as MicroNXT (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, FranceUSD 717.15 M––
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M––
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Frequently Asked Questions about MicroNXT

MicroNXT was founded in 2015.

MicroNXT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind MicroNXT, Micronxt Solutions Private Limited, reported revenue of β‚Ή33.8 Lakh for FY 2022, up 20% year on year.

MicroNXT offers a cloud-based pos system tailored for small and medium enterprises, focusing on leveraging cutting-edge technology, fintech and retail, point-of-sale systems, and cloud-based solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

MicroNXT's top competitors include Ezetap, Presto and Mswipe.

MicroNXT operates through Micronxt Solutions Private Limited.

The legal entities of MicroNXT currently have 2 directors, including Kesarichand Mahaveer Chand, Vijay.

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