About NextRu
NextRu was a Financial Services company based in Bengaluru (India) founded in 2017 by Niranjan Sheelavant. Provider of business correspondents services to multiple banks. It operates on a Service Providers to Banks & Borrowers model. The company has 1 employees. Its chief executive, as recorded, is Niranjan Sheelavant. Its Indian entity Nextru Livelihoods Private Limited reported revenue of ₹9.7 Lakh. The company is recorded as dissolved. NextRu offers products and services including NextRu Platform. Its focus areas include Bank Service Providers.
Company details
NextRu operates with a Service Providers to Banks Borrowers model, focusing on offering financial products and advice, bank service providers, bank service providers, and offering financial products and advice. Provider of business correspondents services to multiple banks. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 1
- Founders Niranjan Sheelavant
- SectorsFinancial Services
- Website nextru.in
- Legal Name Nextru Livelihoods Private Limited
- Date of Incorporation 09 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.7 Lakh
FY 2025 · -97% YoY
- Net Loss-₹2.10 Cr
FY 2025 · -2170% margin
- EBITDA₹7.7 Lakh
FY 2025 · 80% margin
- Employee Count1
Associated legal entities of NextRu
NextRu operates through Nextru Livelihoods 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 |
|---|---|---|---|---|---|---|---|
| Nextru Livelihoods Private Limited CIN U74999KA2017PTC105437 | Active | 09 Aug 2017 | Bangalore, Karnataka | ₹0.1 Cr | 1 | 2 | View details |
Products & Services of NextRu
NextRu offers a comprehensive portfolio of products and services, including NextRu Platform.
Provider of business correspondents services to multiple banks
Board of directors of Nextru Livelihoods Private Limited (NextRu)
Nextru Livelihoods Private Limited is the primary company behind NextRu. The board of Nextru Livelihoods Private Limited currently have 2 directors; the longest-serving is Nagendrappa Virupakshappa Mali, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nagendrappa Virupakshappa Mali DIN 02235648 | Director | 27 Sep 2019 | 7 yrs | Nextru Livelihoods Private Limited |
| Chandrakala Nagendrappa Mali DIN 03317812 | Director | 28 Dec 2020 | 5 yrs 9 mo | Nextru Livelihoods Private Limited |
People of NextRu
1 people are tracked at NextRu (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for NextRu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of NextRu
Figures of Nextru Livelihoods Private Limited, the primary company behind NextRu, for FY 2025. Revenue was ₹9.7 Lakh (-97% year on year). Net loss was -₹2.10 Cr (-2170% margin). EBITDA was ₹7.7 Lakh (80% margin). Revenue has grown at a compounded annual rate of -84% over three years and -66% over five years.
- ₹9.7 LakhRevenue · FY 2025 · -97% YoY
- -₹2.10 CrNet loss · -2170% margin
- ₹7.7 LakhEBITDA · 80% margin
- ₹6.35 CrPaid-up capital
- 1Employees (provident fund records)
- -84%Revenue CAGR, 3 years
- -66%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nextru Livelihoods Private Limited are on its company page.
Detailed financial statements for NextRu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in Banks
3 companies that operate in the same segment as NextRu (Banks) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | Jaipur, Rajasthan, India | USD 118 M | USD 2.3 B | 50,950 | |
Small finance services are extended to underserved segments in India. | 2005 | Bengaluru, Karnataka, India | USD 153.96 M | 21,203 | ||
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 101.74 M | USD 474.19 M | 12,520 |
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Frequently Asked Questions about NextRu
NextRu was founded in 2017.
NextRu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Niranjan Sheelavant is the CEO of NextRu, as recorded in our data. They have also founded this company.
NextRu has 1 employees.
The primary company behind NextRu, Nextru Livelihoods Private Limited, reported revenue of ₹9.7 Lakh for FY 2025, down 97% year on year.
NextRu operates with a Service Providers to Banks Borrowers model, focusing on offering financial products and advice, bank service providers, bank service providers, and offering financial products and advice. Provider of business correspondents services to multiple banks. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
NextRu offers NextRu Platform.
NextRu operates through Nextru Livelihoods Private Limited.
The legal entities of NextRu currently have 2 directors, including Nagendrappa Virupakshappa Mali, Chandrakala Nagendrappa Mali.