About Nexiilabs
Nexiilabs is a company based in Hyderabad (India) founded in 2012, and was acquired by GSS Infotech in October 2018. Cloud computing services, including DevOps and quality engineering, are provided. The company has 31 employees. Its Indian entity Nexii It Labs Private Limited reported revenue of ₹11.50 Cr.
Company details
Nexiilabs was founded in 2012 and is headquartered in Hyderabad, India. Cloud computing solutions are offered, encompassing quality engineering, automation, storage services, IT infrastructure management, application development, and DevOps practices. Operations focus on industry verticals such as high tech, banking and finance, retail, insurance, and healthcare. Partnerships with organizations including SNIA and VMware are upheld to support these services.
- Headquarters Hyderabad, India
- Employees 31
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website nexiilabs.com
- Social LinkedIn X Facebook
- Acquired by GSS Infotech (Oct 2018)
- Legal Name Nexii It Labs Private Limited
- Date of Incorporation 18 Jun, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹11.50 Cr
FY 2023 · +11% YoY
- Net Loss-₹43.4 Lakh
FY 2023 · -4% margin
- EBITDA-₹57.5 Lakh
FY 2023 · -5% margin
- Investors
- Employee Count31
- Acquired byGSS Infotech
(Oct 2018)
Associated legal entities of Nexiilabs
Nexiilabs operates through Nexii It Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nexii It Labs Private Limited CIN U72200TG2012PTC081520 | Active | 18 Jun 2012 | Hyderabad, Telangana | ₹11.5 Cr | 62 | 4 | View details |
Investors in Nexiilabs
Nexiilabs has secured backing from 1 investor. Prominent investors backing the company include GSS Infotech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IT services suite solutions are provided by GSS Infotech. | 1999 | gssinfotech.com | Hyderabad, India |
Investor details for Nexiilabs
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Board of directors of Nexii It Labs Private Limited (Nexiilabs)
Nexii It Labs Private Limited is the primary company behind Nexiilabs. The board of Nexii It Labs Private Limited currently have 4 directors; the longest-serving is Prabha Nageshwar Rachakondawar, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabha Nageshwar Rachakondawar DIN 05296925 | Director | 18 Jun 2012 | 14 yrs 4 mo | Nexii It Labs Private Limited |
| Venkata Satya Suryanarayana Varanasi DIN 05296943 | Director | 18 Jun 2012 | 14 yrs 4 mo | Nexii It Labs Private Limited |
| Priti Gundu DIN 02768369 | Director | 23 May 2014 | 12 yrs 5 mo | Nexii It Labs Private Limited |
| Saikiran Satya Surya Raghavendra Gundu DIN 02224296 | Managing Director | 23 May 2014 | 12 yrs 5 mo | Nexii It Labs Private Limited |
People of Nexiilabs
12 people are tracked at Nexiilabs (1 in leadership, 11 in team); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
| CEO & Co-Founder | Leadership | |
Anil Kumar Reddy.y | Digital Marketing Manager | Team |
Syrendri Rai | Talent Acquisition Specialist | Team |
Bashetti Suchitra | Recruitment Lead | Team |
Bhavya Kancharana | Trainee Recruiter | Team |
Meghana Devu | Talent Acquisition | Team |
Girishma Nexii | Recruiter | Team |
Kusnooru Anjali | Sr .accountant | Team |
Gokulmoorthy C | Senior Software Engineer | Team |
Aishwarya Patted | Talent Acquisition Specialist | Team |
Deepika Sathinedi | Jr IT Recruiter | Team |
Padmavathi Rayani | Full Stack Java Developerr | Team |
Complete people profiles for Nexiilabs
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Financials of Nexiilabs
Figures of Nexii It Labs Private Limited, the primary company behind Nexiilabs, for FY 2023. Revenue was ₹11.50 Cr (+11% year on year). Net loss was -₹43.4 Lakh (-4% margin). EBITDA was -₹57.5 Lakh (-5% margin). Revenue has grown at a compounded annual rate of -10% over three years and -10% over five years.
- ₹11.50 CrRevenue · FY 2023 · +11% YoY
- -₹43.4 LakhNet loss · -4% margin
- -₹57.5 LakhEBITDA · -5% margin
- ₹10 LakhPaid-up capital
- 62Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nexii It Labs Private Limited are on its company page.
Detailed financial statements for Nexiilabs
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Timeline of Nexiilabs
2 dated milestones of Nexiilabs across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Nexiilabs is founded.
- Exit Acquired by GSS Infotech.
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Frequently Asked Questions about Nexiilabs
Nexiilabs was founded in 2012.
Nexiilabs is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Nexiilabs has 31 employees.
The primary company behind Nexiilabs, Nexii It Labs Private Limited, reported revenue of ₹11.50 Cr for FY 2023, up 11% year on year.
Nexiilabs was founded in 2012 and is headquartered in Hyderabad, India. Cloud computing solutions are offered, encompassing quality engineering, automation, storage services, IT infrastructure management, application development, and DevOps practices. Operations focus on industry verticals such as high tech, banking and finance, retail, insurance, and healthcare. Partnerships with organizations including SNIA and VMware are upheld to support these services.
Nexiilabs has 1 investor. Key investors include GSS Infotech.
Nexiilabs operates through Nexii It Labs Private Limited.
Yes. Nexiilabs was acquired by GSS Infotech in October 2018.
The legal entities of Nexiilabs currently have 4 directors, including Prabha Nageshwar Rachakondawar, Venkata Satya Suryanarayana Varanasi, Priti Gundu and others.