About Novelworx
Novelworx is a Technology company based in Bengaluru (India) founded in 2019. It offers tech recruitment, HR outsourcing, digital services, and data analytics solutions. It operates on a B2B model. The company has 432 employees. Its Indian entity Novelworx Digital Solutions Private Limited reported revenue of ₹11.47 Cr. Novelworx offers products and services including Tech Solutions, HR Outsource & Talent Search, Data Analytics, and Digital Services. Its focus areas include Digital Services, Data Analytics, Professional Services and HR and Talent. Its competitors include eClerx and MathCo; 1 of its 2 listed competitors has raised funding.
Company details
Novelworx Digital Solutions specializes in delivering tech-based services, including HR outsourcing, talent search, and data analytics to support business operations. The company operates through a team of experts who provide customized solutions via online and in-person consultations. Based primarily in Bengaluru and Kochi, India, they serve various industries by integrating people and technology to enhance efficiency and productivity. Their portfolio includes projects in IT services and ecommerce, focusing on client needs without promotional emphasis.
- Headquarters Bengaluru, India
- Employees 432
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website novelworx.io
- Social LinkedIn X Facebook Instagram
- Legal Name Novelworx Digital Solutions Private Limited
- Date of Incorporation 03 Apr, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹11.47 Cr
FY 2024 · +43% YoY
- Net Profit₹20.9 Lakh
FY 2024 · 2% margin
- EBITDA₹26.5 Lakh
FY 2024 · 2% margin
- Employee Count432
Associated legal entities of Novelworx
Novelworx operates through Novelworx Digital Solutions 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 |
|---|---|---|---|---|---|---|---|
| Novelworx Digital Solutions Private Limited CIN U74999KA2019PTC123153 | Active | 03 Apr 2019 | Bangalore, Karnataka | ₹11.5 Cr | 432 | 2 | View details |
Products & Services of Novelworx
Novelworx offers a comprehensive portfolio of products and services, including Tech Solutions, HR Outsource & Talent Search, Data Analytics, and Digital Services.
Provides technology integration for business operations and efficiency.
Offers outsourcing and recruitment services for tech professionals.
Delivers data analysis to support decision-making in various sectors.
Provides digital tools for business enhancement and management.
Board of directors of Novelworx Digital Solutions Private Limited (Novelworx)
Novelworx Digital Solutions Private Limited is the primary company behind Novelworx. The board of Novelworx Digital Solutions Private Limited currently have 2 directors; the longest-serving is Gopal Sundaresh, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopal Sundaresh DIN 06428432 | Additional Director | 31 Mar 2020 | 6 yrs 7 mo | Novelworx Digital Solutions Private Limited |
| Archana Balaji Bhat DIN 05264670 | Director | 21 Aug 2021 | 5 yrs 2 mo | Novelworx Digital Solutions Private Limited |
Financials of Novelworx
Figures of Novelworx Digital Solutions Private Limited, the primary company behind Novelworx, for FY 2024. Revenue was ₹11.47 Cr (+43% year on year). Net profit was ₹20.9 Lakh (2% margin). EBITDA was ₹26.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of +84% over three years.
- ₹11.47 CrRevenue · FY 2024 · +43% YoY
- ₹20.9 LakhNet profit · 2% margin
- ₹26.5 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 432Employees (provident fund records)
- +84%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Novelworx Digital Solutions Private Limited are on its company page.
Detailed financial statements for Novelworx
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Novelworx
Novelworx has 2 listed competitors in our database, 1 of them funded. They include eClerx and MathCo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eclerx.com | 2000 | Mumbai, India | 5,931 | Provider of business processes, change management, analytics, and data-driven insights services | ||
| mathco.com | 2016 | Bengaluru, India | $56.41M | 1,163 | AI and analytics services are delivered globally to enterprises. |
Detailed competitors of Novelworx
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Novelworx
Novelworx was founded in 2019.
Novelworx is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Novelworx has 432 employees.
The primary company behind Novelworx, Novelworx Digital Solutions Private Limited, reported revenue of ₹11.47 Cr for FY 2024, up 43% year on year.
Novelworx Digital Solutions specializes in delivering tech-based services, including HR outsourcing, talent search, and data analytics to support business operations. The company operates through a team of experts who provide customized solutions via online and in-person consultations. Based primarily in Bengaluru and Kochi, India, they serve various industries by integrating people and technology to enhance efficiency and productivity. Their portfolio includes projects in IT services and ecommerce, focusing on client needs without promotional emphasis.
Novelworx offers Tech Solutions, HR Outsource & Talent Search, Data Analytics, and Digital Services.
Novelworx operates through Novelworx Digital Solutions Private Limited.
The legal entities of Novelworx currently have 2 directors, including Archana Balaji Bhat, Gopal Sundaresh.