About Nexar Labs
Nexar Labs is a company based in Vijayawada (India) founded in 2016. It operates as a B2B. Nexar Labs offers products and services including AI Solutions, AR Platforms, and Cloud Services. Nexar Labs operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Vijayawada, India
- Email••••••••
- Website nexarlabs.com
- Legal Name Nexar Labs Private Limited
- Date of Incorporation 25 May, 2016
- Jurisdiction Vijayawada, Andhra Pradesh, India
- Annual Revenue₹44.7 Lakh
FY 2025 · -2% YoY
- Net Profit₹7.7 Lakh
FY 2025 · 17% margin
- EBITDA₹9.8 Lakh
FY 2025 · 22% margin
Associated legal entities of Nexar Labs
Nexar Labs operates through Nexar Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nexar Labs Private Limited CIN U74999AP2016PTC103334 | Active | 25 May 2016 | Vijayawada, Andhra Pradesh | ₹0.4 Cr | – | 2 | View details |
Products & Services of Nexar Labs
Nexar Labs offers a comprehensive portfolio of products and services, including AI Solutions, AR Platforms, and Cloud Services.
Innovative machine learning tools for business applications.
Development of AR experiences for various industries.
Secure cloud solutions for data analytics and mobility.
Board of directors of Nexar Labs Private Limited (Nexar Labs)
Nexar Labs Private Limited is the primary company behind Nexar Labs. The board of Nexar Labs Private Limited currently have 2 directors; the longest-serving is Kusaram Devineni, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kusaram Devineni DIN 07505316 | Director | 25 May 2016 | 10 yrs 4 mo | Nexar Labs Private Limited |
| Kanakadurga Devineni DIN 07527315 | Director | 25 May 2016 | 10 yrs 4 mo | Nexar Labs Private Limited |
Financials of Nexar Labs
Figures of Nexar Labs Private Limited, the primary company behind Nexar Labs, for FY 2025. Revenue was ₹44.7 Lakh (-2% year on year). Net profit was ₹7.7 Lakh (17% margin). EBITDA was ₹9.8 Lakh (22% margin). Revenue has grown at a compounded annual rate of +1% over three years and -4% over five years.
- ₹44.7 LakhRevenue · FY 2025 · -2% YoY
- ₹7.7 LakhNet profit · 17% margin
- ₹9.8 LakhEBITDA · 22% margin
- ₹5 LakhPaid-up capital
- +1%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nexar Labs Private Limited are on its company page.
Detailed financial statements for Nexar Labs
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Verified entity values are shown only after access is granted.
Competitors of Nexar Labs
Nexar Labs 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| qxglobalgroup.com | 2003 | Skipton, United Kingdom | $127.98M | 1,738 | Digital transformation and business process management services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. |
Detailed competitors of Nexar Labs
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Nexar Labs
Nexar Labs was founded in 2016.
Nexar Labs is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.
The primary company behind Nexar Labs, Nexar Labs Private Limited, reported revenue of ₹44.7 Lakh for FY 2025, down 2% year on year.
Nexar Labs is a research-focused company that designs and develops next-generation technology solutions in areas like artificial intelligence, augmented reality, cloud computing, and cybersecurity. They operate at the intersection of technology, design, and innovation, creating transformative products for global markets. Based in Vijayawada, Andhra Pradesh, India, the company partners with businesses seeking high-tech solutions and is managed by experienced professionals.
Nexar Labs's top competitors include Hedgehog lab, AlmavivA and AKQA.
Nexar Labs offers AI Solutions, AR Platforms, and Cloud Services.
Nexar Labs operates through Nexar Labs Private Limited.
The legal entities of Nexar Labs currently have 2 directors, including Kusaram Devineni, Kanakadurga Devineni.