About Nichebit
Nichebit is a company based in Hyderabad (India) founded in 2012. It provides technology services for enterprise integration and business management. It operates on a B2B model. The company has 96 employees. Its Indian entity Nichebit Softech Private Limited reported revenue of ₹15.79 Cr. Nichebit offers products and services including Enterprise Integrations, Business Process Management, Product Lifecycle Management, and Business Analytics & Intelligence. Its focus areas include Manufacturing, Industrial Tech, Production and Finance. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 4 of its 9 listed similar companies have raised funding.
Company details
Nichebit, established in 2012, specializes in delivering niche technology solutions and services that help businesses thrive digitally. They focus on enterprise integrations, business process management, product lifecycle management, and analytics to streamline operations. Serving industries like insurance and manufacturing, they enable efficient workflows and data-driven decisions. Based in Hyderabad and Mumbai, India, Nichebit empowers clients through innovation and connectivity.
- Headquarters Hyderabad, India
- Employees 96
- Email••••••••
- Website nichebit.com
- Legal Name Nichebit Softech Private Limited
- Date of Incorporation 12 Jun, 2012
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹15.79 Cr
FY 2024 · +20% YoY
- Net Profit₹2.10 Cr
FY 2024 · 13% margin
- EBITDA₹3.34 Cr
FY 2024 · 21% margin
- Employee Count96
Associated legal entities of Nichebit
Nichebit operates through Nichebit Softech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nichebit Softech Private Limited CIN U72900TG2012PTC081407 | Active | 12 Jun 2012 | Hyderabad, Telangana | ₹15.8 Cr | 96 | 2 | View details |
Products & Services of Nichebit
Nichebit offers a comprehensive portfolio of products and services, including Enterprise Integrations, Business Process Management, Product Lifecycle Management, and Business Analytics & Intelligence.
Solutions to connect processes and data for operational efficiency
Tools to transform workflows into efficient, agile systems
Systems for managing products from design to disposal
Services to harness data for insights and decision-making
Board of directors of Nichebit Softech Private Limited (Nichebit)
Nichebit Softech Private Limited is the primary company behind Nichebit. The board of Nichebit Softech Private Limited currently have 2 directors; the longest-serving is Nageswara Rao Padachala, appointed in 2012. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nageswara Rao Padachala DIN 05290670 | Managing Director | 12 Jun 2012 | 14 yrs 4 mo | Nichebit Softech Private Limited |
| Venakta Padachala Suneetharani DIN 06401837 | Whole-time director | 08 Oct 2012 | 14 yrs | Nichebit Softech Private Limited |
Financials of Nichebit
Figures of Nichebit Softech Private Limited, the primary company behind Nichebit, for FY 2024. Revenue was ₹15.79 Cr (+20% year on year). Net profit was ₹2.10 Cr (13% margin). EBITDA was ₹3.34 Cr (21% margin). Revenue has grown at a compounded annual rate of +34% over three years and +22% over five years.
- ₹15.79 CrRevenue · FY 2024 · +20% YoY
- ₹2.10 CrNet profit · 13% margin
- ₹3.34 CrEBITDA · 21% margin
- ₹1.00 CrPaid-up capital
- 96Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nichebit Softech Private Limited are on its company page.
Detailed financial statements for Nichebit
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.
Similar companies to Nichebit
Nichebit has 9 listed similar companies in our database, 4 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Nichebit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Nichebit
The website of Nichebit (nichebit.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 5.3% vs previous month
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Frequently Asked Questions about Nichebit
Nichebit was founded in 2012.
Nichebit is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Nichebit has 96 employees.
The primary company behind Nichebit, Nichebit Softech Private Limited, reported revenue of ₹15.79 Cr for FY 2024, up 20% year on year.
Nichebit, established in 2012, specializes in delivering niche technology solutions and services that help businesses thrive digitally. They focus on enterprise integrations, business process management, product lifecycle management, and analytics to streamline operations. Serving industries like insurance and manufacturing, they enable efficient workflows and data-driven decisions. Based in Hyderabad and Mumbai, India, Nichebit empowers clients through innovation and connectivity.
Nichebit's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Nichebit offers Enterprise Integrations, Business Process Management, Product Lifecycle Management, and Business Analytics & Intelligence.
Nichebit operates through Nichebit Softech Private Limited.
The legal entities of Nichebit currently have 2 directors, including Nageswara Rao Padachala, Venakta Padachala Suneetharani.