Niveus Solutions

Udupi, India Founded: 2013 • Age: 13 yrs Minicorn Acquired By NTT
Google Cloud-based modernization and managed services are provided.

About Niveus Solutions

Niveus Solutions is a Technology company based in Udupi (India) founded in 2013 by Rashmi George, Suyog Shetty, Roshan Bava, and Mohsin Maidin Khan, and was acquired by NTT in November 2024. Google Cloud-based modernization and managed services are provided. Niveus Solutions has raised $728.89 thousand across 2 funding rounds from investors including NTT, Sharad Sanghi and Seema Hitha Shetty. The company has 947 employees. Niveus Solutions was last valued at $38.16 million in April 2022. Its chief executive, as recorded, is Suyog Shetty. Its website niveussolutions.com draws about 22 thousand monthly visits. Its Indian entity Niveus Solutions Private Limited reported revenue of β‚Ή302 Cr. Niveus Solutions offers products and services including Application Modernization, Data Modernization, Infrastructure Modernization, Cloud Security, and Cloud Consulting. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Niveus Solutions was founded in 2013 in Udupi, India, and operates within the cloud computing sector. Application, data, and infrastructure modernization services are offered, along with migration support, cloud security, and managed solutions. Cloud consulting and DevOps assistance are also provided to enterprises seeking to optimize their cloud environments and applications.

  • Headquarters Udupi, India
  • Employees 947
  • Founders Rashmi George, Suyog Shetty, Roshan Bava, Mohsin Maidin Khan
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website niveussolutions.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by NTT (Nov 2024)
  • Legal Name Niveus Solutions Private Limited
  • Date of Incorporation 17 Apr, 2013
  • Jurisdiction Udupi, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹302 Cr

    FY 2025 · +43% YoY

  • Net Loss
    -₹48.50 Cr

    FY 2025 · -16% margin

  • EBITDA
    -₹44.49 Cr

    FY 2025 · -15% margin

  • Total Equity Funding
    $728.89K (USD)

    in 2 rounds

  • Latest Funding Round
    $658.5K (USD), Angel Round

    Apr 2022

  • Investors
    NTT

    & 3 more

  • Employee Count
    947
  • Acquired by
    NTT

    (Nov 2024)

Products & Services of Niveus Solutions

Niveus Solutions offers a comprehensive portfolio of products and services, including Application Modernization, Data Modernization, Infrastructure Modernization, Cloud Security, and Cloud Consulting.

Application Modernization
Cloud Services

Service for modernizing applications using Kubernetes and migration tools

Data Modernization
Data Services

Re-engineering ETL processes for cloud-based analytics and intelligence

Infrastructure Modernization
Cloud Services

VM migration and optimization for hybrid cloud environments

Cloud Security
Security Services

Provides endpoint and compliance security for cloud resources

Cloud Consulting
Consulting Services

Strategic planning for cloud adoption and data insights

Funding Insights of Niveus Solutions

Niveus Solutions has successfully raised a total of $728.89K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $658.5 thousand completed in April 2022. 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 $728,887
  • Total Rounds 2
  • Last Round Angel Round β€” $658,500
  • First Round $70,387

    (Feb 2019)

  • Investors Count 3

All 2 funding rounds of Niveus Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$658,500Angel Round$38.16MSharad Sanghi
–
Feb 2019$70,387Angel Round$910,821Seema Hitha Shetty, Sunil Roshan Dsouza
–
Valuation history
DateValuationStage
Apr 2022$38.16Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $38.16M (Apr 2022). 4 investors in total: 1 institutional and 3 angel.

Investors in Niveus Solutions

Niveus Solutions has secured backing from 4 investors, including angel investors. Prominent investors backing the company include NTT, Sharad Sanghi and Seema Hitha Shetty.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Sharad Sanghi

unknown_6c536d64ad72460a9

Seema Hitha Shetty

unknown_d715c835f9b0483d8

Sunil Roshan Dsouza

unknown_439e69d0ed1e44e78
Application development, cloud, and managed IT services are provided.
1952global.nttChiyoda-ku, Japan
Premium access

Investor details for Niveus Solutions

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Niveus Solutions Private Limited (Niveus Solutions)

Niveus Solutions Private Limited is the primary company behind Niveus Solutions. The board of Niveus Solutions Private Limited currently have 3 directors; the longest-serving is Ashish Dak, appointed in 2025. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashish Dak
DIN 09239680
Director03 Feb 20251 yr 8 moNiveus Solutions Private Limited
Patricia Aguilo
DIN 09527460
Director03 Feb 20251 yr 8 moNiveus Solutions Private Limited
Vijay Thodoor Ranganathan
DIN 02948879
Director03 Feb 20251 yr 8 moNiveus Solutions Private Limited

People of Niveus Solutions

192 people are tracked at Niveus Solutions (16 in leadership, 176 in team); the tracked headcount is 947.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-Founder & CCOLeadership
Co-Founder & CTOLeadership
Abhishek Hegde
Marketing DirectorLeadership
Rohan Buragohain
Associate Director Of SalesLeadership
Harish Shetty
Senior Manager & Practice Head - PMO & ComplianceLeadership
Bharath Yaragatti
VP - Global ExpansionLeadership
Sagar Vaidya
Chief Architect (enterprise)Leadership
Shashir Shetty
Chief Growth Officer | Niveus SolutionsLeadership
Shipra Rai
Vice President People OperationsLeadership
Mohsin Khan
Chief Technology OfficerLeadership
Shrinidhi Hande
Senior Manager, BA Practice HeadLeadership
Luvlyn D'Souza
DirectorLeadership
Ajay Prabhu
DirectorLeadership
Rupesh Shetty
Business Unit Head - Data ModernizationLeadership
Akshay K
Cloud SpecialistTeam
Manoj S Salian
Cloud EngineerTeam
Rushabh Dholakia
Software EngineerTeam
Sandeep Prabhu
Executive Business AnalystTeam

172 more people are available in the full profile.

Premium access

Complete people profiles for Niveus Solutions

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Niveus Solutions

Figures of Niveus Solutions Private Limited, the primary company behind Niveus Solutions, for FY 2025. Revenue was ₹302 Cr (+43% year on year). Net loss was -₹48.50 Cr (-16% margin). EBITDA was -₹44.49 Cr (-15% margin). Revenue has grown at a compounded annual rate of +74% over three years and +113% over five years.

  • ₹302 CrRevenue · FY 2025 · +43% YoY
  • -₹48.50 CrNet loss · -16% margin
  • -₹44.49 CrEBITDA · -15% margin
  • ₹5.47 CrPaid-up capital
  • 947Employees (provident fund records)
  • +74%Revenue CAGR, 3 years
  • +113%Revenue CAGR, 5 years

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

Premium access

Detailed financial statements for Niveus Solutions

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 Niveus Solutions

5 dated milestones of Niveus Solutions across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Niveus Solutions is founded.
  2. Funding First funding round of $70K.
  3. Funding Latest funding round, Angel Round, of $658K.
  4. Milestone Reaches Minicorn status.
  5. Exit Acquired by NTT.

Competitors of Niveus Solutions

Niveus Solutions has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
Premium access

Detailed competitors of Niveus Solutions

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Niveus Solutions

The website of Niveus Solutions (niveussolutions.com) receives about 22.2K visits a month.

  • Monthly visits
    22.2K

    ▼ 10.9% vs previous month

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
digile.com
100%
10.3K#2,029,595View details
sundewsolutions.com
94%
3.2K#5,311,748View details
exalogic.co
89%
680.7K#5,137,243View details
mirafra.com
89%
18.6K#1,127,918View details
unifycx.com
unifycx.com
88%
#1,848,976–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 14 similar websites and full traffic analytics for Niveus Solutions

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 14 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Niveus Solutions

Premium access

Complete news archive for Niveus Solutions

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Niveus Solutions

Niveus Solutions was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Niveus Solutions is headquartered in Udupi, India. It is registered at Udupi, Karnataka, India.

Suyog Shetty is the CEO of Niveus Solutions, as recorded in our data. They have also founded this company.

Niveus Solutions is a funded company, having raised a total of $728.89K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $70.39K, raised on Feb 2019.

Niveus Solutions has 947 employees.

The primary company behind Niveus Solutions, Niveus Solutions Private Limited, reported revenue of β‚Ή302 Cr for FY 2025, up 43% year on year.

Niveus Solutions was founded in 2013 in Udupi, India, and operates within the cloud computing sector. Application, data, and infrastructure modernization services are offered, along with migration support, cloud security, and managed solutions. Cloud consulting and DevOps assistance are also provided to enterprises seeking to optimize their cloud environments and applications.

Niveus Solutions's top competitors include Happiest Minds and Datamatics.

Niveus Solutions offers Application Modernization, Data Modernization, Infrastructure Modernization, Cloud Security, and Cloud Consulting.

Niveus Solutions has 4 investors. Key investors include NTT, Sharad Sanghi, Seema Hitha Shetty, and Sunil Roshan Dsouza.

The valuation of Niveus Solutions is $38.16M as of Apr 2022.

Niveus Solutions operates through Niveus Solutions Private Limited.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available