About NexGear
NexGear is a company based in Mumbai (India) founded in 2014. NexGear has raised $289.37 thousand across 1 funding round from investors including Texport, Ashish Mishra and Ashish Taneja. NexGear operates in a competitive market with competitors including Wondershare, Captions, Animoto, Descript and WeVideo, among others.
- Headquarter Mumbai, India
- Stage Minicorn
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Sectors
Technology
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Phone
Locked
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Website
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Social
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- Legal Name Nexgear Technology Private Limited
- Date of Incorporation 29 Dec, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
-$71.59 K (USD)0as on Mar 31, 2015
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EBITDA
-$71.37 K (USD)0as on Mar 31, 2015
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Total Equity Funding
$289.37 K (USD)
in 1 rounds
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Latest Funding Round
$289.37 K (USD), Seed
Feb 14, 2015
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Investors
Texport
& 50 more
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Employee Count
Not available
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Funding Insights of NexGear
NexGear has successfully raised a total of $289.37K through 1 strategic funding round. The most recent funding activity was a Seed round of $289.37 thousand completed in February 2015. 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.
Investors in NexGear
NexGear has secured backing from 51 investors, including angel and institutional investors. Prominent investors backing the company include Texport, Ashish Mishra and Ashish Taneja.
| Investor | Description | Founded Year | Domain | Location |
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Contract manufacturing of fabrics is handled by Texport in India.
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Tax, assurance, and business advisory services are provided in Pune.
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Limited information is available on Surin Investment's investment activities.
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Investor details for NexGear
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Investments & Acquisitions by NexGear
Investment portfolio details for NexGear
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Financial Statements - NexGear
Detailed financials for NexGear
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Nexgear Comparisons
Peer comparison for NexGear
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of NexGear
NexGear 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 Wondershare, Captions, Animoto, Descript and WeVideo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of software for video editing, PDF management, and data recovery
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AI-powered editing for photos and videos with captioning is provided.
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Cloud-based video editing platform for enterprises
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Automated transcribing solution provider for audio files
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Video creation, interactive elements, and hosting software are provided.
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An app-based platform for creating and sharing music videos.
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Detailed competitors of NexGear
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Nexgear
Complete news archive for NexGear
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Frequently Asked Questions about NexGear
NexGear was founded in 2014 and raised its 1st funding round 1 year after it was founded.
NexGear is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
NexGear is a funded company, having raised a total of $289.37K across 1 funding round to date.
NexGear was founded in 2014 in Mumbai, India, within the wearable technology sector. A device is being developed to enable adventure travel participants to record their experiences and access reviews via a companion smartphone application. Operations focus on pre-launch product refinement, with the team comprising alumni from IIT Bombay. The companys domain is nexgear.co, supporting activities in consumer electronics for outdoor pursuits.
NexGear's top competitors include Captions, Descript and Wondershare.
NexGear has 51 investors. Key investors include Texport, Ashish Mishra, Ashish Taneja, Gaurav Lahiri, and Sandeep Gupta.
The valuation of NexGear is $1.54M as of Feb 2015.