About Niveus Solutions
Niveus Solutions is a company based in Udupi (India) founded in 2013 by Rashmi George, Suyog Shetty, Roshan Bava, and Mohsin Maidin Khan was acquired by NTT in November 2024. 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 as of March 21, 2025. Niveus Solutions offers products and services including Application Modernization, Data Modernization, Infrastructure Modernization, Cloud Security, and Cloud Consulting. Niveus Solutions operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Udupi, India
- Employees 947 as on 21 Mar, 2025
- Founders Rashmi George, Suyog Shetty, Roshan Bava, Mohsin Maidin Khan
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Niveus Solutions Private Limited
- Date of Incorporation 17 Apr, 2013
- Jurisdiction Udupi, Karnataka, India
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Annual Revenue
$24.65 M (USD)64.52as on Mar 31, 2024
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Net Profit
$228.64 K (USD)147.48as on Mar 31, 2024
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EBITDA
$267.5 K (USD)129.02as on Mar 31, 2024
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Total Equity Funding
$728.89 K (USD)
in 2 rounds
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Latest Funding Round
$658.5 K (USD), Angel Round
Apr 11, 2022
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Investors
NTT
& 3 more
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Employee Count
947
as on Mar 21, 2025
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Acquired by
NTT
(Nov 29, 2024)
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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.
Service for modernizing applications using Kubernetes and migration tools
Re-engineering ETL processes for cloud-based analytics and intelligence
VM migration and optimization for hybrid cloud environments
Provides endpoint and compliance security for cloud resources
Strategic planning for cloud adoption and data insights
People of Niveus Solutions
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Cloud Team
100 people
Software Development Team
23 people
Sales and Marketing
20 people
Product Management Team
8 people
Leadership Team
7 people
Project Team
5 people
Data Analysis and Operations Team
3 people
Human Resources and Administration
3 people
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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.
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.
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Sharad Sanghi |
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Seema Hitha Shetty |
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Sunil Roshan Dsouza |
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Investor details for Niveus Solutions
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Investments & Acquisitions by Niveus Solutions
Investment portfolio details for Niveus Solutions
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Financial Statements - Niveus Solutions
Detailed financials for Niveus Solutions
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Niveus Solutions Comparisons
Peer comparison for Niveus Solutions
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Competitors of Niveus Solutions
Niveus 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of Niveus Solutions
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Latest news on Niveus Solutions
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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 current CEO of Niveus Solutions. 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.
As of Mar 21, 2025, the latest employee count at Niveus Solutions is 947.
Annual revenue of Niveus Solutions is $24.65M as on Mar 31, 2024.
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, Mavenir and 1&1 IONOS.
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.