About Niqotin
Niqotin was a Technology company based in Chennai (India) founded in 2008. It delivers enterprise technology solutions for small and medium enterprises. It operates on a B2B model. Niqotin has raised $40 thousand across 1 funding round. Its Indian entity Yritis Technologies Private Limited reported revenue of ₹24.4 Lakh. The company is recorded as dissolved. Its focus areas include Information Technology, Enterprise Solutions, IT Services and For SMEs.
Company details
Niqotin, established in 2008 and currently in Dissolved stage, focuses on information technology, enterprise solutions, providing IT services, and for smes. Delivers enterprise technology solutions for small and medium enterprises. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- SectorsTechnology
- Website niqotin.com
- Social Facebook
- Legal Name Yritis Technologies Private Limited
- Date of Incorporation 08 Sep, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹24.4 Lakh
FY 2019 · +37% YoY
- Net Loss-₹10.1 Lakh
FY 2019 · -41% margin
- EBITDA-₹11.9 Lakh
FY 2019 · -49% margin
- Total Equity Funding$40K (USD)
in 1 rounds
- Latest Funding Round$40K (USD), Seed
Jun 2012
Associated legal entities of Niqotin
Niqotin operates through Yritis Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Yritis Technologies Private Limited CIN U72900TN2017PTC118517 | Active | 08 Sep 2017 | Chennai, Tamil Nadu | ₹0.2 Cr | 2 | View details |
Funding Insights of Niqotin
Niqotin has successfully raised a total of $40K through 1 strategic funding round. The most recent funding activity was a Seed round of $40 thousand completed in June 2012. 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 $40,000
- Total Rounds 1
- Last Round Seed — $40,000
- First Round $40,000
(Jun 2012)
All 1 funding rounds of Niqotin 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 |
|---|---|---|---|---|---|
| Jun 2012 | $40,000 | Seed | – | – | – |
Board of directors of Yritis Technologies Private Limited (Niqotin)
Yritis Technologies Private Limited is the primary company behind Niqotin. The board of Yritis Technologies Private Limited currently have 2 directors; the longest-serving is Surjith Singh Jawahar, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surjith Singh Jawahar DIN 07627614 | Director | 08 Sep 2017 | 9 yrs 1 mo | Yritis Technologies Private Limited |
| Gurumoorthy Usha DIN 07933002 | Director | 08 Sep 2017 | 9 yrs 1 mo | Yritis Technologies Private Limited |
Financials of Niqotin
Figures of Yritis Technologies Private Limited, the primary company behind Niqotin, for FY 2019. Revenue was ₹24.4 Lakh (+37% year on year). Net loss was -₹10.1 Lakh (-41% margin). EBITDA was -₹11.9 Lakh (-49% margin).
- ₹24.4 LakhRevenue · FY 2019 · +37% YoY
- -₹10.1 LakhNet loss · -41% margin
- -₹11.9 LakhEBITDA · -49% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Yritis Technologies Private Limited are on its company page.
Detailed financial statements for Niqotin
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.
Timeline of Niqotin
2 dated milestones of Niqotin across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Niqotin is founded.
- Funding First funding round of $40K.
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Frequently Asked Questions about Niqotin
Niqotin was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Niqotin is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Niqotin is a funded company, having raised a total of $40K across 1 funding round to date. The company's 1st funding round was a Seed of $40K, raised on Jun 2012.
The primary company behind Niqotin, Yritis Technologies Private Limited, reported revenue of ₹24.4 Lakh for FY 2019, up 37% year on year.
Niqotin, established in 2008 and currently in Dissolved stage, focuses on information technology, enterprise solutions, providing IT services, and for smes. Delivers enterprise technology solutions for small and medium enterprises. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Niqotin operates through Yritis Technologies Private Limited.
The legal entities of Niqotin currently have 2 directors, including Surjith Singh Jawahar, Gurumoorthy Usha.