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. 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
- Founders Ayush Shukla, Omar Qureshi
- Stage Minicorn
- SectorsTechnologyRetail
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website nector.io
- Social LinkedIn X Instagram
- Legal Name Seven Billion Technologies Private Limited
- Date of Incorporation 30 Sep, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.08 Cr
FY 2024 · +1335% YoY
- Net Loss-₹45.1 Lakh
FY 2024 · -42% margin
- EBITDA-₹44.2 Lakh
FY 2024 · -41% margin
- Total Equity Funding$482.24K (USD)
in 2 rounds
- Latest Funding Round$390.43K (USD), Seed
Aug 2022
- InvestorsAngel List
& 13 more
- Employee Count1
Associated legal entities of Nector
Nector operates through Seven Billion 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 |
|---|---|---|---|---|---|---|---|
| Seven Billion Technologies Private Limited CIN U72900MH2021PTC368560 | Active | 30 Sep 2021 | Mumbai, Maharashtra | ₹1.1 Cr | – | 2 | View details |
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.
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.
- Total Funding $482,240
- Total Rounds 2
- Last Round Seed — $390,426
- First Round $91,814
(May 2022)
- Investors Count 14
All 2 funding rounds of Nector 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 |
|---|---|---|---|---|---|
| Aug 2022 | $390,426 | Seed | $2.51M | LetsVenture, Angel List | |
| May 2022 | $91,814 | Seed | $1.74M | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $2.51M | •••••••• |
| May 2022 | $1.74M | •••••••• |
Last known valuation $2.51M (Aug 2022). 14 investors in total: 3 institutional and 11 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in pre-seed tech startups with support services. | 2020 | pointone.capital | Bengaluru, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
AH Ashish Hemarajani | - | – | unknown_a25674eb342a4f978 | - |
PD Parikshit Dar | Co-founder of BookMyShow, active angel investor in Indian startups | – | unknown_642c682d14e9431fb | - |
RY Rakesh Yadav | Angel investor, co-founder of Paytm, focused on fintech and consumer tech startups. | – | unknown_cc1cd8872e534147a | - |
MA Mohammad Aquibir Rahman | - | – | unknown_e4cbde866611450f8 | - |
AH Anchal Harsh Sarawagi | - | – | unknown_6437025a4d104a24a | - |
AV Arjun Vaidya | Founder of Dr. Vaidya's, angel investor in wellness and consumer brands | – | unknown_9bb6473fe18d4f87a | - |
KM Kartik Mandaville | - | – | unknown_62c0eb8a6c4c4741b | - |
Investor details for Nector
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 Seven Billion Technologies Private Limited (Nector)
Seven Billion Technologies Private Limited is the primary company behind Nector. The board of Seven Billion Technologies Private Limited currently have 2 directors; the longest-serving is Omar Farooq Qureshi, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Omar Farooq Qureshi DIN 09154820 | Director | 30 Sep 2021 | 5 yrs | Seven Billion Technologies Private Limited |
| Ayush Akhileshkumar Shukla DIN 09160387 | Director | 30 Sep 2021 | 5 yrs | Seven Billion Technologies Private Limited |
People of Nector
6 people are tracked at Nector (5 in leadership, 1 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Yashas Reddy | Chief Technology Officer | Leadership |
Aayush AS | CEO | Leadership |
Triyon Sengupta | Head - Marketing & Growth | Leadership |
Himanshi Gomber | Partnerships & Growth | Team |
Complete people profiles for Nector
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 Nector
Figures of Seven Billion Technologies Private Limited, the primary company behind Nector, for FY 2024. Revenue was ₹1.08 Cr (+1335% year on year). Net loss was -₹45.1 Lakh (-42% margin). EBITDA was -₹44.2 Lakh (-41% margin).
- ₹1.08 CrRevenue · FY 2024 · +1335% YoY
- -₹45.1 LakhNet loss · -42% margin
- -₹44.2 LakhEBITDA · -41% margin
- ₹1.3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Seven Billion Technologies Private Limited are on its company page.
Detailed financial statements for Nector
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 Nector
4 dated milestones of Nector across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Nector is founded.
- Funding First funding round of $92K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $390K.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bloomreach.com | 2009 | Mountain View, United States | $422M | – | SaaS-based product discovery and personalization for e-commerce are provided. | |
| decibel.com | 2001 | London, United Kingdom | $50.3M | 76 | Medallia is focused on customer and employee experience management. | |
| klaviyo.com | 2012 | Boston, United States | $778.5M | 1,454 | SaaS email marketing solutions are offered to e-commerce businesses. | |
| elasticpath.com | 2000 | Vancouver, Canada | $152.68M | 49 | API-based enterprise commerce and content management platform is delivered. | |
| yotpo.com | 2011 | New York, United States | $176M | – | Cloud-based marketing platform for e-tailers | |
| bango.com | 1999 | Cambridge, United Kingdom | – | 274 | Marketing solutions for e-commerce businesses are provided by Bango. | |
| demandware.com | 2004 | New York, United States | $64.96M | 678 | Enterprise cloud commerce solutions are provided for retailers and manufacturers. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. |
Detailed competitors of Nector
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 Nector
The website of Nector (nector.io) receives about 35.4K visits a month and ranks #1,077,956 among all websites worldwide, #8,793 in Business Services.
- Monthly visits35.4K
▲ 23.4% vs previous month
- Unique visitors12.8K
per month
- Global rank#1,077,956
among all websites
- Category rank#8,793
Business and Consumer Services · Business Services
- Bounce rate45%
- Pages per visit1.6
- Average visit11 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Nector. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rivo.io | 100% | 81.9K | #455,371 | View details | |
bingage.com | bingage.com | 99% | – | #5,414,496 | – |
wholesalehelper.io | wholesalehelper.io | 99% | – | #955,382 | – |
| zinrelo.com | 99% | 4K | #4,070,481 | View details | |
| socioh.com | 99% | 41.9K | #657,419 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Nector
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Nector
10 companies that operate in the same segment as Nector (MarketingTech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Zeta Global is recognized as an AI-powered marketing cloud. | 2007 | New York, New York, United States | USD 360.17 M | USD 1.3 B | 2,190 | |
Multi-channel online marketing tools are provided for small businesses. | 1998 | Waltham, Massachusetts, United States | USD 37 M | – | – | |
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Mobile marketing platform for attribution and user acquisition | 2012 | San Francisco, California, United States | USD 1.72 B | USD 4.71 B | 1,560 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | – | USD 23.77 B | 30,710 | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 | |
Video hosting, creation, management, and streaming services are provided. | 2004 | New York, New York, United States | USD 450 M | USD 417.01 M | 1,100 |
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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. The company's 1st funding round was a Seed of $91.81K, raised on May 2022.
Nector has 1 employees.
The primary company behind Nector, Seven Billion Technologies Private Limited, reported revenue of ₹1.08 Cr for FY 2024, up 1335% year on year.
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.
Nector operates through Seven Billion Technologies Private Limited.