Nirvana Financial Solutions

New York, United States Founded: 2006 • Age: 20 yrs Acquired By Blue Horizon Software Holdings
Portfolio Management solution

About Nirvana Financial Solutions

Nirvana Financial Solutions is a Technology company based in New York (United States) founded in 2006, and was acquired by Blue Horizon Software Holdings in July 2022. Portfolio Management solution. Nirvana Financial Solutions has raised $2.02 million across 3 funding rounds from investors including Tennessee Commerce Bank and Blue Horizon Software Holdings. Its website nirvanasolutions.com draws about 17 thousand monthly visits. Its Indian entity Nirvana Solutions India Private Limited reported revenue of β‚Ή35.11 Cr. Nirvana Financial Solutions offers products and services including Integrated Solution, Order Execution Management, Real Time Portfolio Management, Portfolio Accounting and Reporting, and Risk Management Solutions. Its focus areas include FinTech, Investment Tech, Private Funds IT and Portfolio Management. Its competitors include CMG, Omega Point and Chronograph; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2006 and based in New York, United States, Nirvana Financial Solutions operates in the financial software sector. Portfolio management systems are provided to hedge funds, prime brokers, and fund administrators. These systems are built around the Financial Information Exchange protocol, enabling FIX message acceptance and multi-prime data aggregation for real-time PL and risk monitoring. A suite of on-demand and historical reporting is included for transparency and risk management.

Key Metrics
  • Indian entity revenue
    ₹35.11 Cr

    FY 2024 · +24% YoY

  • Indian entity net profit
    ₹2.11 Cr

    FY 2024 · 6% margin

  • Indian entity EBITDA
    ₹3.59 Cr

    FY 2024 · 10% margin

  • Total Equity Funding
    $2.02M (USD)

    in 3 rounds

  • Latest Funding Round
    $266.51K (USD), Debt – Conventional

    Feb 2017

  • Investors
  • Acquired by

Products & Services of Nirvana Financial Solutions

Nirvana Financial Solutions offers a comprehensive portfolio of products and services, including Integrated Solution, Order Execution Management, Real Time Portfolio Management, Portfolio Accounting and Reporting, and Risk Management Solutions.

Integrated Solution
Investment Platform

Unified cloud platform for front, middle, and back office workflows.

Order Execution Management
Trade Management

System for efficient order processing and execution in investments.

Real Time Portfolio Management
Portfolio Tools

Software for monitoring and managing investment portfolios dynamically.

Portfolio Accounting and Reporting
Reporting Tools

Platform for accurate accounting and compliance reporting services.

Risk Management Solutions
Risk Analysis

Tools for identifying and mitigating investment risks effectively.

Funding Insights of Nirvana Financial Solutions

Nirvana Financial Solutions has successfully raised a total of $2.02M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $266.51 thousand completed in February 2017. 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 $2.02M
  • Total Rounds 3
  • Last Round Debt – Conventional β€” $266,508
  • First Round $10M

    (Jun 2007)

  • Investors Count 1

All 3 funding rounds of Nirvana Financial Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2017$266,508Debt – Conventional––
–
Jan 2016$2.02MSeed––
–
Jun 2007$10MDebt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Nirvana Financial Solutions

Nirvana Financial Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Tennessee Commerce Bank and Blue Horizon Software Holdings.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking services are offered to businesses and individuals.
1999tncommercebank.comFranklin, United States
Leadership management services are provided to software organizations.
2019bluehorizonsoftware.comChicago, United States
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Investor details for Nirvana Financial Solutions

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Board of directors of Nirvana Solutions India Private Limited (Nirvana Financial Solutions)

Nirvana Solutions India Private Limited is the primary company behind Nirvana Financial Solutions. The board of Nirvana Solutions India Private Limited currently have 5 directors; the longest-serving is Sumit Kakra, appointed in 2008. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sumit Kakra
DIN 02281428
Director04 Aug 200818 yrs 3 moNirvana Solutions India Private Limited
Shams Karim
DIN 02836558
Director30 Mar 201214 yrs 7 moNirvana Solutions India Private Limited
Sandeep Sharma
DIN 06599990
Director12 Jun 201313 yrs 4 moNirvana Solutions India Private Limited
Joginder Singh
DIN 08802187
Director01 Aug 20206 yrs 3 moNirvana Solutions India Private Limited
Baldev Raj Sachdeva
DIN 00016325
Director31 Dec 20232 yrs 10 moNirvana Solutions India Private Limited

People of Nirvana Financial Solutions

43 people are tracked at Nirvana Financial Solutions (8 in leadership, 35 in team).

NameRoleGroup
Joginder Jaglan
Director Of Operations And Managed ServicesLeadership
CTOLeadership
Rajat Tandon
Director Of TechnologyLeadership
Trisha Chandra
VP - Human ResourceLeadership
Founder & CEOLeadership
Vijay Bhati
Vp-client Sevices & Integrations - Fund AccountingLeadership
Gennaro Liguori
Head Of SalesLeadership
Dan Desimpliciis
Vice President Of Sales DevelopmentLeadership
Afzal Ashrafi
Senior Software EngineerTeam
Sudeep Shakya
Senior Software EngineerTeam
Tarun Gupta
Senior Quality AnalystTeam
Jatin Rawat
Senior Software EngineerTeam
Karan Joshi
Senior Software EngineerTeam
Komal Chaudhary
Software EngineerTeam
Gaurav Dhariwal
Sr. Manager Software Development And SupportTeam
Piyush Upadhyay
Software EngineerTeam
Pankhudi Singhal
Senior Human Resources OfficerTeam
Abhishek Saini
Software EngineerTeam
Abhishek Pal
Software EngineerTeam
Bharat Jangir
Senior Technical ManagerTeam

23 more people are available in the full profile.

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Financials of Nirvana Financial Solutions

Figures of Nirvana Solutions India Private Limited, the primary company behind Nirvana Financial Solutions, for FY 2024. Revenue was ₹35.11 Cr (+24% year on year). Net profit was ₹2.11 Cr (6% margin). EBITDA was ₹3.59 Cr (10% margin). Revenue has grown at a compounded annual rate of +39% over three years and +29% over five years.

  • ₹35.11 CrRevenue · FY 2024 · +24% YoY
  • ₹2.11 CrNet profit · 6% margin
  • ₹3.59 CrEBITDA · 10% margin
  • ₹2.8 LakhPaid-up capital
  • 252Employees (provident fund records)
  • +39%Revenue CAGR, 3 years
  • +29%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nirvana Solutions India Private Limited are on its company page.

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Detailed financial statements for Nirvana Financial Solutions

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Nirvana Financial Solutions

4 dated milestones of Nirvana Financial Solutions across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nirvana Financial Solutions is founded.
  2. Funding First funding round of $10.0M.
  3. Funding Latest funding round, Debt – Conventional, of $267K.
  4. Exit Acquired by Blue Horizon Software Holdings.

Competitors of Nirvana Financial Solutions

Nirvana Financial Solutions has 3 listed competitors in our database, 2 of them funded. They include CMG, Omega Point and Chronograph.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cmgx.io2015Chicago, United States$62.5M
Asset management solutions are provided through a capital markets platform.
ompnt.com2013San Francisco, United States$3.17M32
Analytics Platform for Strategy and Finance Professionals
chronograph.pe2016Brooklyn, United States
Cloud-based portfolio management solutions for private market investors are offered.
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Detailed competitors of Nirvana Financial Solutions

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Web traffic of Nirvana Financial Solutions

The website of Nirvana Financial Solutions (nirvanasolutions.com) receives about 16.7K visits a month.

  • Monthly visits
    16.7K

    ▲ 7.2% vs previous month

Similar websites

Websites whose visitors overlap most with Nirvana Financial Solutions. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
digital-nirvana.com
100%
9.3K#2,533,109View details
pinnacle.works
68%
1.7K#8,094,213View details
onebanc.ai
56%
3.9K#3,414,286View details
nirvana.com
nirvana.com
25%
#216,679–
nirvanabeing.com
24%
34.7K#908,199View details

Top companies in Investment & Financial Technology

3 companies that operate in the same segment as Nirvana Financial Solutions (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
2013Menlo Park, California, United StatesUSD 5.58 BUSD 2.98 B4,841
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M602
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Related news about Nirvana Financial Solutions

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Frequently Asked Questions about Nirvana Financial Solutions

Nirvana Financial Solutions was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Nirvana Financial Solutions is headquartered in New York, United States. It is registered at New York, New York, United States.

Nirvana Financial Solutions is a funded company, having raised a total of $2.02M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $10M, raised on Jun 2007.

The primary company behind Nirvana Financial Solutions, Nirvana Solutions India Private Limited, reported revenue of β‚Ή35.11 Cr for FY 2024, up 24% year on year.

Founded in 2006 and based in New York, United States, Nirvana Financial Solutions operates in the financial software sector. Portfolio management systems are provided to hedge funds, prime brokers, and fund administrators. These systems are built around the Financial Information Exchange protocol, enabling FIX message acceptance and multi-prime data aggregation for real-time PL and risk monitoring. A suite of on-demand and historical reporting is included for transparency and risk management.

Nirvana Financial Solutions's top competitors include CMG, Chronograph and Omega Point.

Nirvana Financial Solutions offers Integrated Solution, Order Execution Management, Real Time Portfolio Management, Portfolio Accounting and Reporting, and Risk Management Solutions.

Nirvana Financial Solutions has 2 investors. Key investors include Tennessee Commerce Bank, and Blue Horizon Software Holdings.

Nirvana Financial Solutions operates through Nirvana Solutions India Private Limited.

Yes. Nirvana Financial Solutions was acquired by Blue Horizon Software Holdings in July 2022.

The legal entities of Nirvana Financial Solutions currently have 5 directors, including Sandeep Sharma, Joginder Singh, Baldev Raj Sachdeva and others.

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