Nirvana Financial Solutions

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

Nirvana Financial Solutions is a company based in New York (United States) founded in 2006 was acquired by Blue Horizon Software Holdings in July 2022.. Nirvana Financial Solutions has raised $2.02 million across 3 funding rounds from investors including Tennessee Commerce Bank and Blue Horizon Software Holdings. 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. Nirvana Financial Solutions operates in a competitive market with competitors including CMG, Cognitive Credit, TruBoard Partners, Omega Point and Chronograph, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nirvana Solutions India Private Limited
  • Date of Incorporation 24 Jun, 2008
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $3.39 M (USD)
    49.01
    as on Mar 31, 2023
  • Net Profit
    $168.63 K (USD)
    461.43
    as on Mar 31, 2023
  • EBITDA
    $350.53 K (USD)
    495.51
    as on Mar 31, 2023
  • Total Equity Funding
    $2.02 M (USD)

    in 3 rounds

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

    Feb 14, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
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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. 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.

Primary

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

System for efficient order processing and execution in investments.

Software for monitoring and managing investment portfolios dynamically.

Platform for accurate accounting and compliance reporting services.

Tools for identifying and mitigating investment risks effectively.

People of Nirvana Financial Solutions
Headcount 50-200
Employee Profiles 43
Employee Profiles
People
Joginder Jaglan
Director Of Operations And Managed Services
People
Afzal Ashrafi
Senior Software Engineer
People
Sudeep Shakya
Senior Software Engineer
People
Sumit Kakra
CTO

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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
  • Total Rounds 3
  • Last Round Debt – Conventional — $266,508
  • First Round

    (01 Jun 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2017 Amount Debt – Conventional - Nirvana Financial Solutions Valuation

investors

Jan, 2016 Amount Seed - Nirvana Financial Solutions Valuation

investors

Jun, 2007 Amount Debt – Conventional - Nirvana Financial Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are offered to businesses and individuals.
Founded Year Domain Location
Leadership management services are provided to software organizations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nirvana Financial Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nirvana Financial Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nirvana Financial Solutions Comparisons

Employees
+
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Competitors of Nirvana Financial Solutions

Nirvana Financial Solutions 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 CMG, Cognitive Credit, TruBoard Partners, Omega Point and Chronograph, 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
domain founded_year HQ Location
Asset management solutions are provided through a capital markets platform.
domain founded_year HQ Location
Credit market data and analytics are provided for investors.
domain founded_year HQ Location
Asset performance is managed via data and AI platform.
domain founded_year HQ Location
Analytics Platform for Strategy and Finance Professionals
domain founded_year HQ Location
Cloud-based portfolio management solutions for private market investors are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nirvana Financial Solutions

Frequently Asked Questions about Nirvana Financial Solutions

When was Nirvana Financial Solutions founded?

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

Where is Nirvana Financial Solutions located?

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

Is Nirvana Financial Solutions a funded company?

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 01, 2007.

What is the annual revenue of Nirvana Financial Solutions?

Annual revenue of Nirvana Financial Solutions is $3.39M as on Mar 31, 2023.

What does Nirvana Financial Solutions do?

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.

Who are the top competitors of Nirvana Financial Solutions?

Nirvana Financial Solutions's top competitors include Cognitive Credit, CMG and Oxane Partners.

What products or services does Nirvana Financial Solutions offer?

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

Who are Nirvana Financial Solutions's investors?

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

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