About Nitrogem
Nitrogem was a Retail company based in Delhi (India) founded in 2015 by Paras Malhotra and Nitesh Agarwal. It operates a digital hub for rewards and cashback programs. It operates on a B2C model. Its chief executive, as recorded, is Paras Malhotra. Its Indian entity Insense Private Limited reported revenue of ₹1.14 Cr. The company is recorded as dissolved. Its focus areas include Finance, Fintech, Rewards Programs and Cashback Platforms.
Company details
Nitrogem, founded in 2015 in Delhi, India, focuses on finance, fintech, providing rewards programs, and cashback platforms. Operates a digital hub for rewards and cashback programs. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Delhi, India
- Founders Paras Malhotra, Nitesh Agarwal
- SectorsRetail
- Website nitrogem.com
- Social X Facebook
- Legal Name Insense Private Limited
- Date of Incorporation 01 Jun, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.14 Cr
FY 2024 · -44% YoY
- Net Profit₹20.2 Lakh
FY 2024 · 18% margin
- EBITDA₹22.8 Lakh
FY 2024 · 20% margin
Associated legal entities of Nitrogem
Nitrogem operates through Insense Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Insense Private Limited CIN U72200DL2015PTC280966 | Active | 01 Jun 2015 | New Delhi, Delhi | ₹1.1 Cr | 3 | View details |
Board of directors of Insense Private Limited (Nitrogem)
Insense Private Limited is the primary company behind Nitrogem. The board of Insense Private Limited currently have 2 directors; the longest-serving is Priyanka Palgotra, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanka Palgotra DIN 07184608 | Director | 01 Jun 2015 | 11 yrs 5 mo | Insense Private Limited |
| Paras Malhotra DIN 07333621 | CEO | 20 Oct 2015 | 11 yrs | Insense Private Limited |
People of Nitrogem
2 people are tracked at Nitrogem (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Nitesh Agarwal | Co-Founder, COO | Leadership |
Complete people profiles for Nitrogem
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Financials of Nitrogem
Figures of Insense Private Limited, the primary company behind Nitrogem, for FY 2024. Revenue was ₹1.14 Cr (-44% year on year). Net profit was ₹20.2 Lakh (18% margin). EBITDA was ₹22.8 Lakh (20% margin). Revenue has grown at a compounded annual rate of -16% over three years and +11% over five years.
- ₹1.14 CrRevenue · FY 2024 · -44% YoY
- ₹20.2 LakhNet profit · 18% margin
- ₹22.8 LakhEBITDA · 20% margin
- ₹1.1 LakhPaid-up capital
- -16%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Insense Private Limited are on its company page.
Detailed financial statements for Nitrogem
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Deals, Rewards & Comparison Platforms
2 companies that operate in the same segment as Nitrogem (Deals, Rewards & Comparison Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Cashback and coupon offers are provided for e-commerce shopping. | Gurugram, Haryana, India | USD 32.61 M |
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Related news about Nitrogem
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Frequently Asked Questions about Nitrogem
Nitrogem was founded in 2015.
Nitrogem is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Paras Malhotra is the CEO of Nitrogem, as recorded in our data. They have also founded this company.
The primary company behind Nitrogem, Insense Private Limited, reported revenue of ₹1.14 Cr for FY 2024, down 44% year on year.
Nitrogem, founded in 2015 in Delhi, India, focuses on finance, fintech, providing rewards programs, and cashback platforms. Operates a digital hub for rewards and cashback programs. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Nitrogem operates through Insense Private Limited.
The legal entities of Nitrogem currently have 2 directors, including Paras Malhotra, Priyanka Palgotra.