Nektan

Gibraltar, Gibraltar Founded: 2011 • Age: 15 yrs Listed
Gambilng technology provider

About Nektan

Nektan is a company based in Gibraltar (Gibraltar) founded in 2011. The company has 42 employees. Nektan offers products and services including Gaming Aggregation Platform and Player Account Management. Nektan operates in a competitive market with competitors including Playtech, Boom Sports, Light & Wonder, GAN and SoftSwiss, among others.

  • Headquarter Gibraltar, Gibraltar
  • Employees 42
  • Stage Public
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nektan.com
  • Social LinkedIn X Facebook
  • Legal Name Casimba Technology Private Limited
  • Date of Incorporation 24 Nov, 2015
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹16.92 Cr

    FY 2025 · +12% YoY

  • Net Profit
    ₹1.18 Cr

    FY 2025 · 7% margin

  • EBITDA
    ₹1.69 Cr

    FY 2025 · 10% margin

  • Latest Funding Round
    $161.06K (USD), Post-IPO

    Nov 2019

  • Investors
  • Employee Count
    42

Products & Services of Nektan

Nektan offers a comprehensive portfolio of products and services, including Gaming Aggregation Platform and Player Account Management.

Gaming Aggregation Platform
Software Platform

Aggregates games from providers for iGaming businesses.

Player Account Management
Management System

Sets up and manages player accounts for iGaming operations.

Funding Insights of Nektan

  • Total Rounds 5
  • Last Round Post-IPO β€” $161,055
  • First Round $6.43M

    (Dec 2014)

  • Investors Count 1

All 5 funding rounds of Nektan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$161,055Post-IPO––
–
Jan 2018–Post-IPO––
Dec 2015$2.02MPost-IPO––
–
May 2015$12.26MPost-IPO––
–
Dec 2014$6.43MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Nektan

Nektan has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Disruptive Tech.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Innovative technology solutions are developed since 2012 in Gibraltar.
2012disruptivetechltd.comGibraltar, Gibraltar
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Investor details for Nektan

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Board of directors of Casimba Technology Private Limited (Nektan)

Casimba Technology Private Limited is the primary company behind Nektan. The board of Casimba Technology Private Limited currently have 3 directors; the longest-serving is Manoj Kumar Batra, appointed in 2016. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manoj Kumar Batra
DIN 03136064
Director28 Oct 20169 yrs 11 moCasimba Technology Private Limited
Patrick James Erikson Snelgar
DIN 09681728
Director06 Apr 20233 yrs 6 moCasimba Technology Private Limited
Srinivas Reddy Thimmareddy
DIN 06508930
Director01 Sep 20251 yr 1 moCasimba Technology Private Limited

People of Nektan

8 people are tracked at Nektan (4 in leadership, 4 in board & advisors); the tracked headcount is 42.

NameRoleGroup
Chief Technology OfficerLeadership
Jane Ryan
Chief Operating OfficerLeadership
Jaydeep Chakravartty
Vice President, CommercialsLeadership
Lucy Buckley
Chief Executive OfficerLeadership
Gary Shaw
Board Member, Founder & Executive DirectorBoard & advisors
Jim Wilkinson
Non-executive ChairmanBoard & advisors
Sandeep Reddy
Non-executive DirectorBoard & advisors
Paul Hughes
Non-executive DirectorBoard & advisors
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Complete people profiles for Nektan

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Financials of Nektan

Figures of Casimba Technology Private Limited, the primary company behind Nektan, for FY 2025. Revenue was ₹16.92 Cr (+12% year on year). Net profit was ₹1.18 Cr (7% margin). EBITDA was ₹1.69 Cr (10% margin). Revenue has grown at a compounded annual rate of +14% over three years and +15% over five years.

  • ₹16.92 CrRevenue · FY 2025 · +12% YoY
  • ₹1.18 CrNet profit · 7% margin
  • ₹1.69 CrEBITDA · 10% margin
  • ₹1 LakhPaid-up capital
  • 42Employees (provident fund records)
  • +14%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

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

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Detailed financial statements for Nektan

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Timeline of Nektan

4 dated milestones of Nektan across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nektan is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $6.4M.
  4. Funding Latest funding round, Post-IPO, of $161K.

Competitors of Nektan

Nektan 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 Playtech, Boom Sports, Light & Wonder, GAN and SoftSwiss, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
playtech.com1999Douglas, United Kingdom–512
SaaS-driven tech solutions for gambling operators are delivered.
boomfantasy.com2015New York, United States$23.16M–
Tech-enabled platform is offered for online gambling operators.
lnw.com1973Las Vegas, United States–6,500
iGaming solutions are provided for online gambling operators.
gan.com1995London, United Kingdom–55
Turnkey solutions for online casino and sports wagering are provided.
softswiss.com2008Willemstad, Curacao––
Provides tech-enabled i-gaming solutions for online gambling operators.
cashbet.com2012Oakland, United States$5.1M–
Mobile gambling games for iOS are developed and distributed.
softgamings.com2007Riga, Latvia––
Enables betting and casino platforms with comprehensive solutions.
everymatrix.com2008London, United Kingdom$4.7M22
Tech-enabled gaming solutions are supplied to gambling operators worldwide.
mkodo.com2001London, United Kingdom–81
AI-driven iGaming solutions are supplied to gambling operators.
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Detailed competitors of Nektan

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Latest news on Nektan

Alot Solutions recruits new legal chief
Igamingbusiness β€’ 6 years ago
Nektan removed from London’s AIM
Igamingbusiness β€’ 6 years ago
Nektan cuts losses after restructuring
Igamingbusiness β€’ 6 years ago
Nektan plc more than double revenues after restructuring
Directorstalkinterviews β€’ 6 years ago
Nektan Appoint Novum Securities Limited as its joint broker
Directorstalkinterviews β€’ 6 years ago
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Complete news archive for Nektan

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Similar companies to Nektan

10 companies that operate in the same segment as Nektan (Gambling & Entertainment Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online skill-based games are developed across platforms and genres.
2010Delhi, Delhi, IndiaUSD 1.79 MUSD 166.95 M699
Mobile casino games with social features are developed for platforms.
2014Warsaw, PolandUSD 8.6 MUSD 246.28 M428
An online platform for skill-based gaming competitions is provided.
2019Gurugram, Haryana, IndiaUSD 25.96 MUSD 11.28 M39
Provider of online skill-based gaming platforms
2005Hyderabad, Telangana, IndiaUSD 81.87 MUSD 128.91 M529
Developer of a micro-betting platform for sports
2022Miami, Florida, United StatesUSD 102 M––
Provider of a P2P sports betting platform
2021New York, New York, United StatesUSD 105.53 M––
Multi-category online gambling is facilitated via an app-based platform.
1934London, England, United Kingdom–USD 1.71 B10,239
Online platform for betting on multiple sports is provided.
2001Stoke On Trent, England, United Kingdom–––
Casual mobile games are developed and published by SciPlay.
2007London, England, United Kingdom–––
Event outcome speculation is enabled via a regulated online exchange.
2019New York, New York, United StatesUSD 1.8 B–20
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Frequently Asked Questions about Nektan

Nektan was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Nektan is headquartered in Gibraltar, Gibraltar.

Nektan has 42 employees.

The primary company behind Nektan, Casimba Technology Private Limited, reported revenue of β‚Ή16.92 Cr for FY 2025, up 12% year on year.

Nektan is a B2B mobile gaming content developer and platform provider. It designs, builds and operates mobile games in the regulated, interactive real money gaming (RMG) and freemium gaming space, delivering content to commercial organizations that have established online audiences. The company is involved in providing features including account management, player tracking reporting, CRM, payments, VIP management, games content, fraud and security, customer services and financial reporting for online gambling and real money gaming platforms.

Nektan's top competitors include Playtech, Light & Wonder and GAN.

Nektan offers Gaming Aggregation Platform and Player Account Management.

Nektan has 1 investor. Key investors include Disruptive Tech.

Nektan operates through Casimba Technology Private Limited.

The legal entities of Nektan currently have 3 directors, including Patrick James Erikson Snelgar, Manoj Kumar Batra, Srinivas Reddy Thimmareddy.

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