Nichepro Technologies

Bengaluru, India Founded: 2001 • Age: 25 yrs Acquired By TeamLease
Custom IT services including application development and testing are provided.
Annual revenue $4.1M Latest available
Total funding $2.1M 1 rounds
Employees 161 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Nichepro Technologies

Nichepro Technologies is a company based in Bengaluru (India) founded in 2001 was acquired by TeamLease in September 2016. Nichepro Technologies has raised $2.08 million across 1 funding round from investors including TeamLease and Canbank VC. The company has 161 employees as of April 09, 2024. Nichepro Technologies operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.

  • Headquarter Bengaluru, India
  • Employees 161 as on 09 Apr, 2024
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Nichepro Technologies Private Limited
  • Date of Incorporation 25 Jun, 2008
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.13 M (USD)
    3.56
    as on Mar 31, 2016
  • Net Profit
    -$1.76 M (USD)
    -1811.1
    as on Mar 31, 2016
  • EBITDA
    -$1.03 M (USD)
    -218.52
    as on Mar 31, 2016
  • Total Equity Funding
    $2.08 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.08 M (USD), Seed

    Mar 13, 2015

  • Investors
    TeamLease

    & 1 more

  • Employee Count
    161

    as on Apr 09, 2024

  • Acquired by
    TeamLease

    (Sep 20, 2016)

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Funding Insights of Nichepro Technologies

Nichepro Technologies has successfully raised a total of $2.08M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.08 million completed in March 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 Nichepro Technologies

Nichepro Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include TeamLease and Canbank VC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are managed for promising startups.
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Staffing and recruiting services connect employers with job candidates.
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Investor details for Nichepro Technologies

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Investments & Acquisitions by Nichepro Technologies

Investments
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Investment portfolio details for Nichepro Technologies

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Financial Statements - Nichepro Technologies

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Detailed financials for Nichepro Technologies

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Nichepro Technologies Comparisons

Nichepro Technologies Primary company
Description
Custom IT services including application development and tes...
Location
Bengaluru, India
Founded Year
2001
Annual Revenue
$4.13 M (USD)
Net Profit
-$1.76 M (USD)
EBITDA
-$1.03 M (USD)
Employees
161
As of 2024
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Peer comparison for Nichepro Technologies

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Competitors of Nichepro Technologies

Nichepro Technologies 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, Hancom, AKQA and Waracle, 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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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Mobile apps and IoT solutions are developed across platforms.
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IT services for application modernization and development are offered.
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Detailed competitors of Nichepro Technologies

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Latest news on Nichepro Technologies

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Complete news archive for Nichepro Technologies

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Frequently Asked Questions about Nichepro Technologies

Nichepro Technologies was founded in 2001 and raised its 1st funding round 14 years after it was founded.

Nichepro Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Satisha Narahari is the current CEO of Nichepro Technologies.

Nichepro Technologies is a funded company, having raised a total of $2.08M across 1 funding round to date.

As of Apr 09, 2024, the latest employee count at Nichepro Technologies is 161.

Annual revenue of Nichepro Technologies is $4.13M as on Mar 31, 2016.

Nichepro Technologies was founded in 2001 in Bengaluru, India, where custom IT services are delivered in the software sector. Application development, web applications, testing, and tailored CRM and ERP solutions are offered to clients. Products for small and medium-sized businesses, such as POS software, CRM, SCM, and ERP systems, are provided alongside healthcare support. Customers served include Univercell, Apranje, Soham, and Liberty Brand.

Nichepro Technologies's top competitors include Hedgehog lab, AlmavivA and AKQA.

Nichepro Technologies has 2 investors. Key investors include TeamLease, and Canbank VC.

The valuation of Nichepro Technologies is $5.02M as of Mar 2015.

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