NexGEN Consultancy

Udaipur, India Founded: 1997 • Age: 29 yrs
Provider of software development services
Annual revenue $357,049 Latest available
Total funding $544,438 1 rounds
Employees 6 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About NexGEN Consultancy

NexGEN Consultancy is a company based in Udaipur (India) founded in 1997 by Shachi Bhardwaj, Vivek Bhardwaj, and Roopali Bhardwaj. NexGEN Consultancy has raised $544.44 thousand across 1 funding round from investors including Rajasthan Venture Capital Fund. The company has 6 employees as of April 09, 2024. NexGEN Consultancy offers products and services including CRM Power Utility, Billing Engine, ENMS, and MDAS. NexGEN Consultancy operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Udaipur, India
  • Employees 6 as on 09 Apr, 2024
  • Founders Shachi Bhardwaj, Vivek Bhardwaj, Roopali Bhardwaj
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Nexgen Consultancy Private Limited
  • Date of Incorporation 28 Oct, 1997
  • Jurisdiction Udaipur, Rajasthan, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $357.05 K (USD)
    270.55
    as on Mar 31, 2023
  • Net Profit
    $22.9 K (USD)
    107.81
    as on Mar 31, 2023
  • EBITDA
    $187.13 K (USD)
    190.11
    as on Mar 31, 2023
  • Total Equity Funding
    $544.44 K (USD)

    in 1 rounds

  • Latest Funding Round
    $544.44 K (USD), Unspecified

    Sep 15, 2020

  • Investors
  • Employee Count
    6

    as on Apr 09, 2024

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Products & Services of NexGEN Consultancy

NexGEN Consultancy offers a comprehensive portfolio of products and services, including CRM Power Utility, Billing Engine, ENMS, and MDAS.

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Primary

Sector-specific COTS ERP for power utility management and workflows.

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Customizable application for power, gas, and water sector billing.

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Tool for distribution planning and optimization in power systems.

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System for metering data analysis and real-time usage monitoring.

People of NexGEN Consultancy

Headcount 200-500
Employee Profiles 1
Employee Profiles
People
Sanjay Bharrdwaj
CEO

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Teams

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Funding Insights of NexGEN Consultancy

NexGEN Consultancy has successfully raised a total of $544.44K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $544.44 thousand completed in September 2020. 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 NexGEN Consultancy

NexGEN Consultancy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rajasthan Venture Capital Fund.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund investing in multiple sectors
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Investor details for NexGEN Consultancy

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Investments & Acquisitions by NexGEN Consultancy

Investments
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Investment portfolio details for NexGEN Consultancy

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Financial Statements - NexGEN Consultancy

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Detailed financials for NexGEN Consultancy

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Nexgen Consultancy Comparisons

NexGEN Consultancy Primary company
Description
Provider of software development services
Location
Udaipur, India
Founded Year
1997
Annual Revenue
$357.05 K (USD)
Net Profit
$22.9 K (USD)
EBITDA
$187.13 K (USD)
Employees
6
As of 2024
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Peer comparison for NexGEN Consultancy

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Competitors of NexGEN Consultancy

NexGEN Consultancy 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, Kontron, Unicorn and Gigster, among others.

Company Name Domain Founded year HQ Location Description
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Embedded computing platforms are developed for industrial applications.
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Software development services are provided by Unicorn in Prague.
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Software development services are provided via an AI-powered platform.
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Platform offering digital textbooks for students
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Detailed competitors of NexGEN Consultancy

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Latest news on Nexgen Consultancy

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Complete news archive for NexGEN Consultancy

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Frequently Asked Questions about NexGEN Consultancy

NexGEN Consultancy was founded in 1997 and raised its 1st funding round 23 years after it was founded.

NexGEN Consultancy is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.

NexGEN Consultancy is a funded company, having raised a total of $544.44K across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at NexGEN Consultancy is 6.

Annual revenue of NexGEN Consultancy is $357.05K as on Mar 31, 2023.

NexGEN Consultancy was established in 1997 in Udaipur, India, as a software product and services provider. Core offerings include bespoke application development, business intelligence, migration and re-engineering, software testing and quality assurance, and support and maintenance. Operations focus on industries such as IT, supply chain management, water supply, banking, financial services and insurance, power automation, and manufacturing. Partnerships are held with Microsoft, SAS, and National Instruments.

NexGEN Consultancy's top competitors include RedShelf, Unicorn and Hedgehog lab.

NexGEN Consultancy offers CRM Power Utility, Billing Engine, ENMS, and MDAS.

NexGEN Consultancy has 1 investor. Key investors include Rajasthan Venture Capital Fund.

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