Needyin

Hyderabad, India Founded: 2017 • Age: 9 yrs
Provider of job matching platform using AI algorithms

About Needyin

Needyin is a Technology company based in Hyderabad (India) founded in 2017 by Ramesh Naidu Garikamokkala. It operates as a provider of job matching platform using AI algorithms. Its chief executive is Ramesh Naidu Garikamokkala. Its Indian entity Needyin Technologies Private Limited reported revenue of β‚Ή5 Lakh. Its focus areas include Enterprise Applications, HRTech, Job Board and Industry Specific. Its competitors include Glassdoor, LinkedIn, Apna, Naukri.com and Unstop and 5 more; 7 of its 10 listed competitors have raised funding.

Company details

Founded in 2017 and based in Hyderabad, India, Needyin operates in the recruitment sector through an AI-driven job matching platform. Profiles are created by job seekers, incorporating skills, education, experience, and CV uploads, enabling job recommendations and applications based on interests. Recruiters access candidate profiles for connections and hiring. Background verification is applied to profiles, alongside an employer database for enhanced functionality.

  • Headquarters Hyderabad, India
  • Founders Ramesh Naidu Garikamokkala
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website needyin.com
  • Social LinkedIn X Facebook
  • Legal Name Needyin Technologies Private Limited
  • Date of Incorporation 04 Aug, 2017
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹5 Lakh

    FY 2019 · -41% YoY

  • Net Profit
    ₹1.2 Lakh

    FY 2019 · 25% margin

  • EBITDA
    ₹1.8 Lakh

    FY 2019 · 36% margin

  • Investors

Funding Insights of Needyin

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Needyin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020–Seed–T-Hub
–
Valuation history

1 investors in total: 1 institutional.

Investors in Needyin

Needyin has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include T-Hub.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development.
2015t-hub.coHyderabad, India
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Investor details for Needyin

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Board of directors of Needyin Technologies Private Limited (Needyin)

Needyin Technologies Private Limited is the primary company behind Needyin. The board of Needyin Technologies Private Limited currently have 2 directors; the longest-serving is Ramesh Garikamokkala, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ramesh Garikamokkala
DIN 07645147
Director04 Aug 20179 yrs 2 moNeedyin Technologies Private Limited
Anshuman Chaturvedi
DIN 07410539
Additional Director01 Jun 20206 yrs 4 moNeedyin Technologies Private Limited

People of Needyin

1 people are tracked at Needyin (1 in leadership).

NameRoleGroup
Founder & CEOLeadership
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Complete people profiles for Needyin

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Financials of Needyin

Figures of Needyin Technologies Private Limited, the primary company behind Needyin, for FY 2019. Revenue was ₹5 Lakh (-41% year on year). Net profit was ₹1.2 Lakh (25% margin). EBITDA was ₹1.8 Lakh (36% margin).

  • ₹5 LakhRevenue · FY 2019 · -41% YoY
  • ₹1.2 LakhNet profit · 25% margin
  • ₹1.8 LakhEBITDA · 36% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Needyin Technologies Private Limited are on its company page.

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Detailed financial statements for Needyin

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Timeline of Needyin

2 dated milestones of Needyin across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Needyin is founded.
  2. Funding First funding round.

Competitors of Needyin

Needyin has 10 listed competitors in our database, 7 of them funded. They include Glassdoor, LinkedIn, Apna, Naukri.com and Unstop, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
glassdoor.com2007San Francisco, United States$201.5M774
Anonymous employee reviews and job search platform are operated.
linkedin.com2003Sunnyvale, United States$144.41M12,239
Professional networking, job recruitment, and career tools are provided.
apna.co2019Bengaluru, India$193.5M766
Developer of AI‑powered job marketplace connecting early career talent
naukri.com1996Noida, India–12,066
Multi-industry hiring solutions are facilitated via an online job board.
unstop.com2017Delhi, India$5.28M54
Online platform for talent engagement and skill based hiring
adzuna.com2011London, United Kingdom$282,553–
Aggregator of job postings and provider of job search tools
aasaanjobs.com2014Mumbai, India$6.58M1,362
Multi-industry job vacancies are browsed and applied for online.
foundit.in1999Hyderabad, India–471
Online job board platform for multi-industry
iimjobs.com2008Delhi, India$2.18M5,887
Online job board for mid and senior level management positions
shine.com2008Gurugram, India––
Online job portal facilitating two-way matching for recruiters and candidates.
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Detailed competitors of Needyin

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  • Full competitor set
  • Operating metrics
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Top companies in HR & Workforce Technology

10 companies that operate in the same segment as Needyin (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M–1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Reward-based crowdfunding is facilitated for content creators and musicians.
2013San Francisco, California, United StatesUSD 412.1 M–1,218
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M–1,746
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B21,000
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 473.73 M–3,902
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
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Frequently Asked Questions about Needyin

Needyin was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Needyin is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Ramesh Naidu Garikamokkala is the current CEO of Needyin. They have also founded this company.

The primary company behind Needyin, Needyin Technologies Private Limited, reported revenue of β‚Ή5 Lakh for FY 2019, down 41% year on year.

Founded in 2017 and based in Hyderabad, India, Needyin operates in the recruitment sector through an AI-driven job matching platform. Profiles are created by job seekers, incorporating skills, education, experience, and CV uploads, enabling job recommendations and applications based on interests. Recruiters access candidate profiles for connections and hiring. Background verification is applied to profiles, alongside an employer database for enhanced functionality.

Needyin's top competitors include Glassdoor, LinkedIn and Apna.

Needyin has 1 investor. Key investors include T-Hub.

Needyin operates through Needyin Technologies Private Limited.

The legal entities of Needyin currently have 2 directors, including Anshuman Chaturvedi, Ramesh Garikamokkala.

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