About Nihilent
Nihilent is a company based in Pune (India) founded in 2000 by LC Singh and Minoo Dastur.. The company has 1,560 employees as of April 09, 2024. Nihilent has completed 4 acquisitions, including GNet group, HyperCollective and ICRA Techno Analytics. Nihilent offers products and services including Business Transformation, Digital Transformation, Data Science and Analytics, Brand and Marketing Transformation, and Platform and Technology Transformation. Nihilent operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Employees 1560 as on 09 Apr, 2024
- Founders LC Singh, Minoo Dastur
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Sectors
Business ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Nihilent Limited
- Date of Incorporation 29 May, 2000
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$66.34 M (USD)21.21as on Mar 31, 2023
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Net Profit
$3.73 M (USD)-28.16as on Mar 31, 2023
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EBITDA
$7.98 M (USD)-2.78as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
1560
as on Apr 09, 2024
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Investments & Acquisitions
GNet group
& 3 more
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Acquired by
N/A
(Jan 09, 2024)
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Products & Services of Nihilent
Nihilent offers a comprehensive portfolio of products and services, including Business Transformation, Digital Transformation, Data Science and Analytics, Brand and Marketing Transformation, and Platform and Technology Transformation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for translating strategies into business success
Enables agility in volatile business environments
Provides insights from data for decision-making
Supports brand engagement through innovative strategies
Optimizes technology for efficiency and excellence
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Funding Insights of Nihilent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Nihilent
Nihilent has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include GNet group, HyperCollective and ICRA Techno Analytics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Advertising services are provided by HyperCollective in India.
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2016 | ||||
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ERP services are provided to enterprises by Intellect Bizware.
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2007 | ||||
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Analytics and business intelligence services are delivered by GNet group.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nihilent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nihilent Comparisons
Competitors of Nihilent
Nihilent 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nihilent
Frequently Asked Questions about Nihilent
When was Nihilent founded?
Nihilent was founded in 2000.
Where is Nihilent located?
Nihilent is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Nihilent?
LC Singh is the current CEO of Nihilent. They have also founded this company.
How many employees does Nihilent have?
As of Apr 09, 2024, the latest employee count at Nihilent is 1,560.
What is the annual revenue of Nihilent?
Annual revenue of Nihilent is $66.34M as on Mar 31, 2023.
What does Nihilent do?
Nihilent was founded in 2000 and is headquartered in Pune, India. IT suite services are delivered by the company, encompassing digital transformation, data analytics, cloud computing, and enterprise solutions. Operations span sectors such as finance, healthcare, retail, and logistics, with a focus on supporting business needs through technology integration. Leadership is shared by co-founders LC Singh and Minoo Dastur as co-CEOs.
Who are the top competitors of Nihilent?
Nihilent's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Nihilent offer?
Nihilent offers Business Transformation, Digital Transformation, Data Science and Analytics, Brand and Marketing Transformation, and Platform and Technology Transformation.
How many acquisitions has Nihilent made?
Nihilent has made 4 acquisitions, including GNet group, HyperCollective, and ICRA Techno Analytics.