About Nearhop
Nearhop is a Technology company based in Hyderabad (India) founded in 2008 by Venkata Rao Chimata. It provides cutting-edge wireless, AI, IoT, and cloud technology solutions. It operates on a B2B and SaaS model. Its Indian entity Nearhop Internet Technologies Private Limited reported revenue of ₹73.9 Lakh. Nearhop offers products and services including WLAN Solutions, OpenWrt Services, AI Intrusion Detection, Embedded Systems, and Cloud Services. Its focus areas include Wireless and Networking, Enterprise Solutions, WLAN Access Points and AI and Machine Learning.
Company details
Nearhop Internet Technologies Private Limited is a team of engineers specializing in advanced solutions for WLAN, OpenWrt, OpenWiFi, wireless networks, embedded systems, AI, and IoT. They offer custom development and integration services to help clients optimize performance, security, and connectivity. With expertise in predictive maintenance and mobile app development, Nearhop enables technological advancements in various applications, though specific locations and clients are not detailed.
- Headquarters Hyderabad, India
- Founders Venkata Rao Chimata
- SectorsTechnology
- Email••••••••
- Website nearhop.com
- Social LinkedIn X
- Legal Name Nearhop Internet Technologies Private Limited
- Date of Incorporation 04 Nov, 2008
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹73.9 Lakh
FY 2024 · +50% YoY
- Net Profit₹5.1 Lakh
FY 2024 · 7% margin
- EBITDA₹7.3 Lakh
FY 2024 · 10% margin
Associated legal entities of Nearhop
Nearhop operates through Nearhop Internet Technologies 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 |
|---|---|---|---|---|---|---|---|
| Nearhop Internet Technologies Private Limited CIN U72200TG2008PTC061698 | Active | 04 Nov 2008 | Hyderabad, Telangana | ₹0.7 Cr | 3 | View details |
Products & Services of Nearhop
Nearhop offers a comprehensive portfolio of products and services, including WLAN Solutions, OpenWrt Services, AI Intrusion Detection, Embedded Systems, and Cloud Services.
High-performance wireless solutions for enterprise connectivity.
Custom integration for OpenWrt and OpenWiFi platforms.
AI-driven systems to detect and prevent network intrusions.
Custom embedded solutions for IoT applications.
Scalable cloud solutions for storage and computing needs.
Board of directors of Nearhop Internet Technologies Private Limited (Nearhop)
Nearhop Internet Technologies Private Limited is the primary company behind Nearhop. The board of Nearhop Internet Technologies Private Limited currently have 3 directors; the longest-serving is Venkata Rao Chimata, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Rao Chimata DIN 01144760 | Director | 04 Nov 2008 | 17 yrs 11 mo | Nearhop Internet Technologies Private Limited |
| Rambabu Chimata DIN 07700099 | Additional Director | 18 Jan 2017 | 9 yrs 9 mo | Nearhop Internet Technologies Private Limited |
| Lakshmana Babu Chimata DIN 07703542 | Additional Director | 18 Jan 2017 | 9 yrs 9 mo | Nearhop Internet Technologies Private Limited |
People of Nearhop
1 people are tracked at Nearhop (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Nearhop
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 Nearhop
Figures of Nearhop Internet Technologies Private Limited, the primary company behind Nearhop, for FY 2024. Revenue was ₹73.9 Lakh (+50% year on year). Net profit was ₹5.1 Lakh (7% margin). EBITDA was ₹7.3 Lakh (10% margin). Revenue has grown at a compounded annual rate of +289% over three years and +25% over five years.
- ₹73.9 LakhRevenue · FY 2024 · +50% YoY
- ₹5.1 LakhNet profit · 7% margin
- ₹7.3 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- +289%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nearhop Internet Technologies Private Limited are on its company page.
Detailed financial statements for Nearhop
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.
Web traffic of Nearhop
Websites that share an audience with Nearhop (nearhop.com).
Websites whose visitors overlap most with Nearhop. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| vidteq.com | 98% | View details |
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Frequently Asked Questions about Nearhop
Nearhop was founded in 2008.
Nearhop is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind Nearhop, Nearhop Internet Technologies Private Limited, reported revenue of ₹73.9 Lakh for FY 2024, up 50% year on year.
Nearhop Internet Technologies Private Limited is a team of engineers specializing in advanced solutions for WLAN, OpenWrt, OpenWiFi, wireless networks, embedded systems, AI, and IoT. They offer custom development and integration services to help clients optimize performance, security, and connectivity. With expertise in predictive maintenance and mobile app development, Nearhop enables technological advancements in various applications, though specific locations and clients are not detailed.
Nearhop offers WLAN Solutions, OpenWrt Services, AI Intrusion Detection, Embedded Systems, and Cloud Services.
Nearhop operates through Nearhop Internet Technologies Private Limited.
The legal entities of Nearhop currently have 3 directors, including Venkata Rao Chimata, Rambabu Chimata, Lakshmana Babu Chimata.