About Nichepro Technologies
Nichepro Technologies is a Technology company based in Bengaluru (India) founded in 2001, and was acquired by TeamLease in September 2016. It operates as a custom IT services including application development and testing are provided. Nichepro Technologies has raised $2.08 million across 1 funding round from investors including TeamLease and Canbank VC. The company has 161 employees. Nichepro Technologies was last valued at $5.02 million in March 2015. Its chief executive is Satisha Narahari. Its Indian entity Nichepro Technologies Private Limited reported revenue of ₹23.24 Cr. Its focus areas include Business Services, IT Services, Application Development and Website Development. Its competitors include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 161
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website nicheprotechnologies.com
- Social LinkedIn X Facebook
- Acquired by TeamLease (Sep 2016)
- Legal Name Nichepro Technologies Private Limited
- Date of Incorporation 25 Jun, 2008
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of Nichepro Technologies
Nichepro Technologies operates through Nichepro Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nichepro Technologies Private Limited CIN U72900TN2008PTC116062 | Amalgamated | 25 Jun 2008 | Chennai, Tamil Nadu | ₹23.2 Cr | 161 | 4 | View details |
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.
- Total Funding $2.08M
- Total Rounds 1
- Last Round Seed — $2.08M
- First Round $2.08M
(Mar 2015)
- Investors Count 1
All 1 funding rounds of Nichepro Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2015 | $2.08M | Seed | $5.02M | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2015 | $5.02M | •••••••• |
Last known valuation $5.02M (Mar 2015). 2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are managed for promising startups. | – | canbank.vc | Bengaluru, India | |
Staffing and recruiting services connect employers with job candidates. | 2000 | teamlease.com | Bengaluru, India |
Investor details for Nichepro Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Board of directors of Nichepro Technologies Private Limited (Nichepro Technologies)
Nichepro Technologies Private Limited is the primary company behind Nichepro Technologies. The board of Nichepro Technologies Private Limited currently have 4 directors; the longest-serving is Sudhir Bahadur Bajpai, appointed in 2016. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sudhir Bahadur Bajpai DIN 00005571 | Director | 01 Oct 2016 | 10 yrs | Nichepro Technologies Private Limited |
| Shilpa Kamlesh Avarsekar DIN 00005597 | Director | 01 Oct 2016 | 10 yrs | Nichepro Technologies Private Limited |
| Narayanaswamy Ravi Vishwanath DIN 07332234 | Director | 01 Oct 2016 | 10 yrs | Nichepro Technologies Private Limited |
| Ashok Kumar Nedurumalli DIN 00151814 | Director | 01 Oct 2016 | 10 yrs | Nichepro Technologies Private Limited |
People of Nichepro Technologies
2 people are tracked at Nichepro Technologies (2 in leadership); the tracked headcount is 161.
| Name | Role | Group |
|---|---|---|
Satisha Narahari | CEO | Leadership |
Edu Ahead | Marketing Head | Leadership |
Complete people profiles for Nichepro Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Nichepro Technologies
Figures of Nichepro Technologies Private Limited, the primary company behind Nichepro Technologies, for FY 2017. Revenue was ₹23.24 Cr (-17% year on year). Net loss was -₹3.20 Cr (-14% margin). EBITDA was -₹7.34 Cr (-32% margin).
- ₹23.24 CrRevenue · FY 2017 · -17% YoY
- -₹3.20 CrNet loss · -14% margin
- -₹7.34 CrEBITDA · -32% margin
- ₹6.89 CrPaid-up capital
- 161Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Nichepro Technologies Private Limited are on its company page.
Detailed financial statements for Nichepro Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Nichepro Technologies
4 dated milestones of Nichepro Technologies across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Nichepro Technologies is founded.
- Funding First funding round of $2.1M.
- Milestone Reaches Minicorn status.
- Exit Acquired by TeamLease.
Competitors of Nichepro Technologies
Nichepro Technologies has 10 listed competitors in our database, 6 of them funded. They include AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. | |
| brightspot.com | 2008 | Reston, United States | $22M | – | CMS solutions for digital publishers are provided and managed. | |
| sylogist.com | 1993 | Calgary, Canada | – | – | Software solutions are delivered to public sector and business clients. |
Detailed competitors of Nichepro Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Nichepro Technologies
Websites that share an audience with Nichepro Technologies (nicheprotechnologies.com).
Websites whose visitors overlap most with Nichepro Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moolya.com | 100% | 8.2K | #2,299,268 | View details | |
| qatestlab.com | 71% | – | #585,449 | View details | |
| magento.com | 71% | 158.7K | #286,885 | View details | |
| qualdev.com | 48% | – | #10,060,790 | View details | |
| prasad-solutions.com | 46% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Nichepro Technologies
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
10 companies that operate in the same segment as Nichepro Technologies (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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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. The company's 1st funding round was a Seed of $2.08M, raised on Mar 2015.
Nichepro Technologies has 161 employees.
The primary company behind Nichepro Technologies, Nichepro Technologies Private Limited, reported revenue of ₹23.24 Cr for FY 2017, down 17% year on year.
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.
Nichepro Technologies operates through Nichepro Technologies Private Limited.
Yes. Nichepro Technologies was acquired by TeamLease in September 2016.