About Novire Technologies
Novire Technologies is a company based in Navi Mumbai (India) founded in 2004. Novire Technologies has raised $1.6 million across 2 funding rounds from investors including Shernaz Varia, Suresh Sachdev and Uma Rajan. Novire Technologies offers products and services including GPS Tracking, Remote Asset Monitoring, and Management Services. Novire Technologies operates in a competitive market with competitors including Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others.
- Headquarter Navi Mumbai, India
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Novire Technologies Private Limited
- Date of Incorporation 10 May, 2004
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$561.08 K (USD)-20.07as on Mar 31, 2023
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Net Profit
$6.34 K (USD)101.29as on Mar 31, 2023
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EBITDA
$293.78 K (USD)783.1as on Mar 31, 2023
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Total Equity Funding
$1.6 M (USD)
in 2 rounds
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Latest Funding Round
$386.82 K (USD), Angel Round
Jan 02, 2013
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Investors
& 4 more
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Employee Count
Not available
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Products & Services of Novire Technologies
Novire Technologies offers a comprehensive portfolio of products and services, including GPS Tracking, Remote Asset Monitoring, and Management Services.
Real-time vehicle location and monitoring for security and efficiency.
Tracks asset movements and conditions using sensors and software.
Provides expert support for supply-chain and fleet optimization.
People of Novire Technologies
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Funding Insights of Novire Technologies
Novire Technologies has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $386.82 thousand completed in January 2013. 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 Novire Technologies
Novire Technologies has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Shernaz Varia, Suresh Sachdev and Uma Rajan.
| Investor | Description | Founded Year | Domain | Location |
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Shernaz Varia |
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Suresh Sachdev |
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Uma Rajan |
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Investor details for Novire Technologies
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Investments & Acquisitions by Novire Technologies
Investment portfolio details for Novire Technologies
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Financial Statements - Novire Technologies
Detailed financials for Novire Technologies
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Novire Technologies Comparisons
Peer comparison for Novire Technologies
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Competitors of Novire Technologies
Novire Technologies 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 Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others.
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SaaS-enabled solutions for fleet and field service management are offered.
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Equipment rental marketplace and digital tools for construction are offered.
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Fleet, asset, and mobile workforce management solutions are provided.
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Remote asset tracking and management solutions are provided globally.
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Vehicle tracking and fleet management solutions are provided.
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Machine-to-machine communication solutions are delivered for IoT and asset tracking.
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Detailed competitors of Novire Technologies
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Latest news on Novire Technologies
Complete news archive for Novire Technologies
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Frequently Asked Questions about Novire Technologies
Novire Technologies was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Novire Technologies is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Novire Technologies is a funded company, having raised a total of $1.6M across 2 funding rounds to date.
Annual revenue of Novire Technologies is $561.08K as on Mar 31, 2023.
Novire technologies is a GPS-based asset monitoring solutions provider for enterprises. Provides real-time status of an asset in shipping, manufacturing, construction, public transport, etc. Also offers temperature compressor monitoring systems to prevent refrigeration systems from failing, remote fuel monitors to prevent pilferage, load bounce balance monitors, etc. Also helps users to track orders in transit, provides route optimization reports, arrival time estimation, links to ERP systems to get trip and order details of vehicles.
Novire Technologies's top competitors include EquipmentShare, Mapon and Quartix.
Novire Technologies offers GPS Tracking, Remote Asset Monitoring, and Management Services.
Novire Technologies has 5 investors. Key investors include Shernaz Varia, Suresh Sachdev, Uma Rajan, Prasad Katragadda, and Ramakrishnan Gurusamy.
The valuation of Novire Technologies is $1.63M as of Jan 2013.