
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.
- Headquarter Bengaluru, India
- Founders Mahaveer K
- SectorsTechnology
- Website micronxt.com
- Legal Name Micronxt Solutions Private Limited
- Date of Incorporation 30 Apr, 2016
- Jurisdiction Bangalore, Karnataka, India
- 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
Associated legal entities of MicroNXT
MicroNXT operates through Micronxt Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Micronxt Solutions Private Limited CIN U74999KA2016PTC092737 | Active | 30 Apr 2016 | Bangalore, Karnataka | ₹0.3 Cr | – | 2 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kesarichand Mahaveer Chand DIN 07431257 | Director | 30 Apr 2016 | 10 yrs 5 mo | Micronxt Solutions Private Limited |
| Vijay DIN 07431282 | Director | 30 Apr 2016 | 10 yrs 5 mo | Micronxt Solutions Private Limited |
People of MicroNXT
1 people are tracked at MicroNXT (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mahaveer K | Founder | Leadership |
Complete people profiles for MicroNXT
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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.
Detailed financial statements for MicroNXT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ezetap.com | 2011 | Bengaluru, India | $66.4M | 532 | Cloud-based mPOS software and hardware solutions are provided for businesses. | |
| presto.com | 2008 | San Carlos, United States | $82.62M | 137 | Drive-through automation solutions for restaurants are provided using AI. | |
| mswipe.com | 2011 | Mumbai, India | $125.95M | 1,088 | Point-of-sale machines, soundboxes, and merchant payment solutions are offered. | |
| payswiff.com | 2013 | Hyderabad, India | $12.8M | 457 | Provider of POS and MPOS solutions for businesses to accept card payments | |
| itab.com | 1978 | Jonkoping, Sweden | – | 6 | Self-checkout solutions are provided for retail businesses worldwide. | |
| snapbizz.com | 2013 | Bengaluru, India | $8.9M | 78 | Cloud-connected POS solutions are offered for small retailers. | |
| innoviti.com | 2002 | Bengaluru, India | $141.01M | 198 | Integrated online and offline payment solutions are provided for businesses. | |
| evolute.in | 1970 | Mumbai, India | $240,671 | 213 | Embedded systems for fintech and payments are designed and manufactured. | |
| queuebuster.co | 2016 | Noida, India | $8.1M | 92 | All-in-one POS and business management system is provided. | |
| myoxigen.com | 2004 | Gurugram, India | $50.18M | 159 | POS software is offered for online and offline business transactions. |
Detailed competitors of MicroNXT
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- Full competitor set
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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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, France | USD 717.15 M | – | – | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 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 βΉ33.8 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 operates through Micronxt Solutions Private Limited.
The legal entities of MicroNXT currently have 2 directors, including Kesarichand Mahaveer Chand, Vijay.