Neeco

Prague, Czechia Founded: 2009 • Age: 17 yrs
Offers ICT procurement, deployment, maintenance, and support services worldwide.

About Neeco

Neeco is a Technology company based in Prague (Czechia) founded in 2009. It offers ICT procurement, deployment, maintenance, and support services worldwide. It operates on a B2B and Enterprise Contracts model in Technology and Telecommunications sectors. The company has 17 employees. Neeco has completed 1 acquisition, including AIRX Technologies. Its Indian entity Neeco Ict Services Private Limited reported revenue of β‚Ή15.25 Cr. Neeco offers products and services including Hardware Distribution, Managed Services, and SD-WAN Solutions. Its focus areas include Information Technology, ICT Services, Infrastructure Management and Global Procurement.

Company details

Neeco specializes in managing multinational ICT infrastructure, including hardware distribution, SD-WAN solutions, and managed services. They handle procurement, deployment, and maintenance through global logistics and field support. Operating worldwide, Neeco serves clients like telecom carriers, technology vendors, and systems integrators, ensuring business continuity with customized, SLA-based support and comprehensive life cycle services.

  • Headquarters Prague, Czechia
  • Employees 17
  • Sectors
    Technology
    Telecommunications
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website neeco.com
  • Legal Name Neeco Ict Services Private Limited
  • Date of Incorporation 26 Aug, 2013
  • Jurisdiction Navi Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹15.25 Cr

    FY 2025 · +454% YoY

  • Indian entity net loss
    -₹49.8 Lakh

    FY 2025 · -3% margin

  • Indian entity EBITDA
    -₹9 Lakh

    FY 2025 · -1% margin

  • Employee Count
    17
  • Investments & Acquisitions

Products & Services of Neeco

Neeco offers a comprehensive portfolio of products and services, including Hardware Distribution, Managed Services, and SD-WAN Solutions.

Hardware Distribution
Distribution Services

Provides global ICT hardware supply and delivery solutions

Managed Services
Support Services

Offers hardware, software, and maintenance packages for ongoing support

SD-WAN Solutions
Network Technologies

Delivers procurement and implementation of SD-WAN for secure networks

Board of directors of Neeco Ict Services Private Limited (Neeco)

Neeco Ict Services Private Limited is the primary company behind Neeco. The board of Neeco Ict Services Private Limited currently have 2 directors; the longest-serving is David Patek, appointed in 2013. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
David Patek
DIN 06611118
Director26 Aug 201313 yrs 2 moNeeco Ict Services Private Limited
Shubham Jagdish Mundra
DIN 11140193
Director05 Jun 20251 yr 4 moNeeco Ict Services Private Limited

Financials of Neeco

Figures of Neeco Ict Services Private Limited, the primary company behind Neeco, for FY 2025. Revenue was ₹15.25 Cr (+454% year on year). Net loss was -₹49.8 Lakh (-3% margin). EBITDA was -₹9 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +79% over three years and +22% over five years.

  • ₹15.25 CrRevenue · FY 2025 · +454% YoY
  • -₹49.8 LakhNet loss · -3% margin
  • -₹9 LakhEBITDA · -1% margin
  • ₹34.3 LakhPaid-up capital
  • 17Employees (provident fund records)
  • +79%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neeco Ict Services Private Limited are on its company page.

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Investments & Acquisitions by Neeco

Neeco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AIRX Technologies.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Specialized investments are made in European real estate credit markets.
airxtechnologies.comLondon, United Kingdom2017May 2018β€’β€’β€’β€’
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Timeline of Neeco

2 dated milestones of Neeco across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neeco is founded.
  2. Acquisition Acquires AIRX Technologies.
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Related news about Neeco

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Frequently Asked Questions about Neeco

Neeco was founded in 2009.

Neeco is headquartered in Prague, Czechia.

Neeco has 17 employees.

The primary company behind Neeco, Neeco Ict Services Private Limited, reported revenue of β‚Ή15.25 Cr for FY 2025, up 454% year on year.

Neeco specializes in managing multinational ICT infrastructure, including hardware distribution, SD-WAN solutions, and managed services. They handle procurement, deployment, and maintenance through global logistics and field support. Operating worldwide, Neeco serves clients like telecom carriers, technology vendors, and systems integrators, ensuring business continuity with customized, SLA-based support and comprehensive life cycle services.

Neeco offers Hardware Distribution, Managed Services, and SD-WAN Solutions.

Neeco has made 1 acquisition, including AIRX Technologies.

Neeco operates through Neeco Ict Services Private Limited.

The legal entities of Neeco currently have 2 directors, including David Patek, Shubham Jagdish Mundra.

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