About Nector
Nector is a company based in Mumbai (India) founded in 2021 by Ayush Shukla and Omar Qureshi. It operates as a SaaS (Software-as-a-Service) and Freemium. Nector has raised $482.24 thousand across 2 funding rounds from investors including Angel List, LetsVenture and PointOne Capital. The company has 1 employees as of April 09, 2024. Nector offers products and services including Loyalty Program, Referrals, and Reviews. Nector operates in a competitive market with competitors including BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, among others.
- Headquarter Mumbai, India
- Employees 1 as on 09 Apr, 2024
- Founders Ayush Shukla, Omar Qureshi
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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- Legal Name Seven Billion Technologies Private Limited
- Date of Incorporation 30 Sep, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0.04 (USD)0as on Mar 31, 2022
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Net Profit
-$579.78 (USD)0as on Mar 31, 2022
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EBITDA
-$337.87 (USD)0as on Mar 31, 2022
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Total Equity Funding
$482.24 K (USD)
in 2 rounds
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Latest Funding Round
$390.43 K (USD), Seed
Aug 18, 2022
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Investors
Angel List
& 13 more
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Employee Count
1
as on Apr 09, 2024
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Products & Services of Nector
Nector offers a comprehensive portfolio of products and services, including Loyalty Program, Referrals, and Reviews.
A platform to retain customers with rewards.
Encourages customer referrals to expand business reach.
Collects trusted reviews to boost sales growth.
People of Nector
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Funding Insights of Nector
Nector has successfully raised a total of $482.24K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $390.43 thousand completed in August 2022. 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.
Investors in Nector
Nector has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and PointOne Capital.
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Venture capital fund investing in pre-seed tech startups with support services.
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Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
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Alternative investment platform for startups and investors is operated.
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Investor details for Nector
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Investments & Acquisitions by Nector
Investment portfolio details for Nector
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Financial Statements - Nector
Detailed financials for Nector
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Nector Comparisons
Peer comparison for Nector
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Competitors of Nector
Nector 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 BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, among others.
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SaaS-based product discovery and personalization for e-commerce are provided.
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Medallia is focused on customer and employee experience management.
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SaaS email marketing solutions are offered to e-commerce businesses.
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API-based enterprise commerce and content management platform is delivered.
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Cloud-based marketing platform for e-tailers
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Marketing solutions for e-commerce businesses are provided by Bango.
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Detailed competitors of Nector
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Latest news on Nector
Complete news archive for Nector
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Frequently Asked Questions about Nector
Nector was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Nector is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ayush Shukla is the current CEO of Nector. They have also founded this company.
Nector is a funded company, having raised a total of $482.24K across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Nector is 1.
Annual revenue of Nector is $0.04 as on Mar 31, 2022.
Nector is recognized as a powerful loyalty platform designed for direct-to-consumer businesses. Customer retention is enhanced through loyalty programs, referral marketing, and customer reviews. Seamless integrations with over 50 tools are supported to automate workflows and personalize interactions. AI-powered features for reviews and analytics are included to drive smarter business decisions. Growth for over 1,000 brands is accelerated by boosting repeat purchases and engagement. Solutions are tailored for e-commerce platforms like Shopify with customizable widgets and developer-friendly APIs. Security and privacy compliance, including GDPR, are prioritized to protect customer data.
Nector's top competitors include Klaviyo, CommerceIQ and Yotpo.
Nector offers Loyalty Program, Referrals, and Reviews.
Nector has 14 investors. Key investors include Angel List, LetsVenture, PointOne Capital, Ashish Hemarajani, and Parikshit Dar.
The valuation of Nector is $2.51M as of Aug 2022.