About Nitor Infotech
Nitor Infotech is a Technology company based in Pune (India) founded in 2006, and was acquired by Ascendion in August 2023. Nitor Infotech is a Digital Enterprise that provides cutting edge solutions in the portals, collaboration, and Business intelligence and performance management. The company has 852 employees. Its chief executive is Sanjeev Fadnavis. Its website nitorinfotech.com draws about 19 thousand monthly visits. Its Indian entity Nitor Infotech Private Limited reported revenue of ₹200 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
Nitor Infotech was established in 2006 and is based in Pune, India. Focus is placed on IT engineering practices, encompassing product engineering, data engineering, business intelligence, enterprise mobility, and quality assurance services. Products and services are developed using advanced technologies to address needs across multiple domains, supporting enterprise operations in digital environments.
- Headquarters Pune, India
- Employees 852
- Stage Acquired
- SectorsTechnology
- Website nitorinfotech.com
- Social LinkedIn X Facebook
- Acquired by Ascendion (Aug 2023)
- Legal Name Nitor Infotech Private Limited
- Date of Incorporation 08 Sep, 2006
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Nitor Infotech
Nitor Infotech operates through Nitor Infotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nitor Infotech Private Limited CIN U72200PN2006PTC129031 | Active | 08 Sep 2006 | Pune, Maharashtra | ₹200 Cr | 852 | 3 | View details |
Investors in Nitor Infotech
Nitor Infotech has secured backing from 1 investor. Prominent investors backing the company include Ascendion.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides AI-driven software engineering and digital transformation for businesses. | 2022 | ascendion.com | Basking Ridge, United States |
Investor details for Nitor Infotech
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Board of directors of Nitor Infotech Private Limited (Nitor Infotech)
Nitor Infotech Private Limited is the primary company behind Nitor Infotech. The board of Nitor Infotech Private Limited currently have 3 directors; the longest-serving is Vinay Surendra Verma, appointed in 2023. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Surendra Verma DIN 07652881 | Director | 06 Jul 2023 | 3 yrs 3 mo | Nitor Infotech Private Limited |
| Pradeep Muralidharan Nair DIN 09317750 | Director | 06 Jul 2023 | 3 yrs 3 mo | Nitor Infotech Private Limited |
| Prakash Balasubramanian DIN 10401811 | Director | 01 Dec 2023 | 2 yrs 10 mo | Nitor Infotech Private Limited |
People of Nitor Infotech
40 people are tracked at Nitor Infotech (12 in leadership, 28 in team); the tracked headcount is 852.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Sunil Tendulkar | Director, Finance & CISO | Leadership |
Prakash S. | Asscoiate Director - Business Development | Leadership |
Yogesh Kulkarni | Vice President - ISV Business Unit | Leadership |
Shweta Virmani Mehta | Associate Director Human Resources | Leadership |
Rohini Wagh | Senior Vice President & Head - People Function | Leadership |
Rashmi Gulve Nehete | Associate Director -people Function | Leadership |
Deepti Jadhav | Associate Director | Leadership |
Anup Manekar | Director | Leadership |
Salil Chitnis | Director Of Business Strategy | Leadership |
Rohini Wwagh | Sr. Vice President & Head People Function | Leadership |
Amit Mittal | Associate Director | Leadership |
Sahil Deorukhakar | Global Business Development | Team |
Himanshi Jain | Associate Manager | Team |
Kiran Dhakne | Product Owner - Scrum Master | Team |
Deepa Ghate | Lead Talent Acquisition | Team |
Sourabh Soni | Senior Business Consultant | Team |
Vaibhav Kulkarni | Human Resources Lead | Team |
Ekta Shah | Senior Manager Talent Development | Team |
Shalini Thukaram | Lead -talent Acquisition | Team |
20 more people are available in the full profile.
Complete people profiles for Nitor Infotech
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Financials of Nitor Infotech
Figures of Nitor Infotech Private Limited, the primary company behind Nitor Infotech, for FY 2025. Revenue was ₹200 Cr (+25% year on year). Net loss was -₹6.97 Cr (-3% margin). EBITDA was -₹3.80 Cr (-2% margin). Revenue has grown at a compounded annual rate of +18% over three years and +28% over five years.
- ₹200 CrRevenue · FY 2025 · +25% YoY
- -₹6.97 CrNet loss · -3% margin
- -₹3.80 CrEBITDA · -2% margin
- ₹6.67 CrPaid-up capital
- 852Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nitor Infotech Private Limited are on its company page.
Detailed financial statements for Nitor Infotech
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Timeline of Nitor Infotech
2 dated milestones of Nitor Infotech across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Nitor Infotech is founded.
- Exit Acquired by Ascendion.
Competitors of Nitor Infotech
Nitor Infotech has 9 listed competitors in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Nitor Infotech
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Web traffic of Nitor Infotech
The website of Nitor Infotech (nitorinfotech.com) receives about 19K visits a month.
- Monthly visits19K
▲ 25.5% vs previous month
Websites whose visitors overlap most with Nitor Infotech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
realtimelogic.com | realtimelogic.com | 100% | – | #3,084,325 | – |
| verygood.ventures | 100% | 36.8K | #929,513 | View details | |
| bigsteptech.com | 99% | 11.6K | #2,200,996 | View details | |
| nitor.com | 97% | 6K | #3,050,692 | View details | |
| cybage.com | 97% | 106.1K | #363,701 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Nitor Infotech
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Nitor Infotech (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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Related news about Nitor Infotech
Complete news archive for Nitor Infotech
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Frequently Asked Questions about Nitor Infotech
Nitor Infotech was founded in 2006.
Nitor Infotech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Sanjeev Fadnavis is the current CEO of Nitor Infotech.
Nitor Infotech has 852 employees.
The primary company behind Nitor Infotech, Nitor Infotech Private Limited, reported revenue of ₹200 Cr for FY 2025, up 25% year on year.
Nitor Infotech was established in 2006 and is based in Pune, India. Focus is placed on IT engineering practices, encompassing product engineering, data engineering, business intelligence, enterprise mobility, and quality assurance services. Products and services are developed using advanced technologies to address needs across multiple domains, supporting enterprise operations in digital environments.
Nitor Infotech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Nitor Infotech has 1 investor. Key investors include Ascendion.
Nitor Infotech operates through Nitor Infotech Private Limited.
Yes. Nitor Infotech was acquired by Ascendion in August 2023.
The legal entities of Nitor Infotech currently have 3 directors, including Vinay Surendra Verma, Prakash Balasubramanian, Pradeep Muralidharan Nair.