About Neverinstall
Neverinstall is a company based in Bengaluru (India) founded in 2019 by Ram Pasala and Lakshman Pasala.. Neverinstall has raised $1.21 million across 3 funding rounds from investors including Dholakia Ventures, Speciale Invest and Callapina. Neverinstall offers products and services including Neverinstall DaaS and Neverinstall VDI. Neverinstall operates in a competitive market with competitors including OpenStack, Canonical, E2B, IGEL Technology and Deta, among others.
- Headquarter Bengaluru, India
- Founders Ram Pasala, Lakshman Pasala
- Stage Minicorn
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Sectors
Technology
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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 Get Skilled Services Private Limited
- Date of Incorporation 20 Mar, 2019
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$3.29 K (USD)1091.7as on Mar 31, 2023
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Net Profit
$-330.91 K (USD)-96.08as on Mar 31, 2023
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EBITDA
$-286.96 K (USD)-71.35as on Mar 31, 2023
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Total Equity Funding
$1.21 M (USD)
in 3 rounds
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Latest Funding Round
$600 K (USD), Seed
May 09, 2023
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Investors
Dholakia Ventures
& 18 more
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Employee Count
Employee Count
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Products & Services of Neverinstall
Neverinstall offers a comprehensive portfolio of products and services, including Neverinstall DaaS and Neverinstall VDI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
On-demand cloud PCs with pre-installed software for efficient team workspaces.
Secure, on-premise virtual desktops for rapid deployment and management.
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Funding Insights of Neverinstall
Neverinstall has successfully raised a total of $1.21M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in May 2023. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $600,000
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First Round
First Round
(10 Mar 2021)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - Neverinstall | Valuation | Callapina | |
| Oct, 2022 | Amount | Seed - Neverinstall | Valuation | Dholakia Ventures | |
| Mar, 2021 | Amount | Seed - Neverinstall | Valuation | Speciale Invest , Sarath Sura |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neverinstall
Neverinstall has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Dholakia Ventures, Speciale Invest and Callapina. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Investing in pre-seed to Series A startups across various sectors in India.
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Founded Year | Domain | Location | |
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Investing in deep tech startups with a focus on early-stage innovations in technology and engineering.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neverinstall
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Neverinstall
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neverinstall Comparisons
Competitors of Neverinstall
Neverinstall 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 OpenStack, Canonical, E2B, IGEL Technology and Deta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open source cloud operating system is provided for resource management.
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| domain | founded_year | HQ Location |
An open-source cloud operating system is provided for connected devices.
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| domain | founded_year | HQ Location |
Developer of open-source runtime for executing AI-generated code in secure sandboxes
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| domain | founded_year | HQ Location |
Platform offering Daas solution
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| domain | founded_year | HQ Location |
Cloud applications are developed, stored, and published on the platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neverinstall
Frequently Asked Questions about Neverinstall
When was Neverinstall founded?
Neverinstall was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Neverinstall located?
Neverinstall is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Neverinstall a funded company?
Neverinstall is a funded company, having raised a total of $1.21M across 3 funding rounds to date. The company's 1st funding round was a Seed of $379.47K, raised on Mar 10, 2021.
What is the annual revenue of Neverinstall?
Annual revenue of Neverinstall is $3.29K as on Mar 31, 2023.
What does Neverinstall do?
Neverinstall was founded in 2019 in Bengaluru, India, within the cloud computing sector. A cloud-based operating system is provided to enable remote access to desktop applications. Tools for collaboration among designers and developers on shared projects are included. Operations encompass browser-based web page access, real-time teamwork features, and pre-built workspaces. The service supports efficient project management across distributed teams.
Who are the top competitors of Neverinstall?
What products or services does Neverinstall offer?
Neverinstall offers Neverinstall DaaS and Neverinstall VDI.
Who are Neverinstall's investors?
Neverinstall has 19 investors. Key investors include Dholakia Ventures, Speciale Invest, Callapina, Abhishek Goyal, and Navs Services.
What is Neverinstall's valuation?
The valuation of Neverinstall is $5.47M as of May 2023.
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