About Novatium Solutions
Novatium Solutions is a company based in Chennai (India) founded in 2004 by Rajesh Jain. Novatium Solutions has raised $21.86 million across 5 funding rounds from investors including Ericsson, NEA and Ray Stata. The company has 23 employees as of March 29, 2024. Novatium Solutions offers products and services including Navigator and EduGrid.
- Headquarter Chennai, India
- Employees 23 as on 29 Mar, 2024
- Founders Rajesh Jain
- Stage Unicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Novatium Solutions Private Limited
- Date of Incorporation 13 Oct, 2004
- Jurisdiction Chingleput, Tamil Nadu, India
-
Annual Revenue
$302.15 K (USD)-0.38as on Mar 31, 2021
-
Net Profit
-$384.22 K (USD)32.47as on Mar 31, 2021
-
EBITDA
-$329.09 K (USD)26.59as on Mar 31, 2021
-
Total Equity Funding
$21.86 M (USD)
in 5 rounds
-
Latest Funding Round
$7.77 M (USD), Series A
Jan 28, 2011
-
Investors
Ericsson
& 3 more
-
Employee Count
23
as on Mar 29, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Novatium Solutions
Novatium Solutions offers a comprehensive portfolio of products and services, including Navigator and EduGrid.
Navigator is utilized as an integrated delivery platform that connects users to the cloud for computing, communication, and entertainment services
EduGrid is employed for providing e-learning stations and solutions aimed at educational sectors
People of Novatium Solutions
Unlock access to complete
Unlock access to complete
Funding Insights of Novatium Solutions
Novatium Solutions has successfully raised a total of $21.86M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.77 million completed in January 2011. 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 Novatium Solutions
Novatium Solutions has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Ericsson, NEA and Ray Stata.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are offered to startups by NEA.
|
Locked | Locked | Locked | |
|
Telecom equipment and software solutions are provided for networks.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Novatium Solutions
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Novatium Solutions
Investment portfolio details for Novatium Solutions
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Novatium Solutions
Detailed financials for Novatium Solutions
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Novatium Solutions Comparisons
Peer comparison for Novatium Solutions
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Novatium Solutions
Detailed competitors of Novatium Solutions
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Novatium Solutions
Complete news archive for Novatium 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 Novatium Solutions
Novatium Solutions was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Novatium Solutions is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Novatium Solutions is a funded company, having raised a total of $21.86M across 5 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Novatium Solutions is 23.
Annual revenue of Novatium Solutions is $302.15K as on Mar 31, 2021.
Novatium Solutions was established in 2004 in Chennai, India, within the cloud computing sector. Managed cloud services are delivered to government, education, and enterprise sectors. Mobile device management is incorporated to meet specific client needs. A cloud platform is utilized for operating system-independent access to applications and services. Computing, communication, entertainment, and utility functions are combined via one interface. Accessibility, performance, and security features are prioritized in these operations.
Novatium Solutions offers Navigator and EduGrid.
The valuation of Novatium Solutions is $6.28B as of Jan 2011.