NSaaS

Bengaluru, India Founded: 2016 • Age: 10 yrs
Provider of real-time asset tracking and traceability solutions

About NSaaS

NSaaS is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Vijaya Lakshmi Palnati and Hari Krishna Reddy. It operates as a provider of real-time asset tracking and traceability solutions. NSaaS has raised $35.53 thousand across 1 funding round from investors including Jyothi Ballem and Kailasa Nadh Ballem. NSaaS was last valued at $181.31 thousand in August 2018. Its chief executive is Praveen Kumar. Its Indian entity Nivriti Solutions Global Private Limited reported revenue of β‚Ή76.2 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Samsara, Radius, Lytx, Platform Science and GreenRoad and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

NSaaS was founded in 2016 in Bengaluru, India, as a provider of cloud-based platforms for asset monitoring and management. GPS tracking, RFID technology, and object warning systems are integrated to offer visibility into vehicle locations, routes, and schedules. Automated alerts, maintenance tracking, and historical reporting are included, serving industries such as logistics, FMCG, and pharmaceuticals. Custom hierarchies, API integrations, and flexible labeling are supported for operational efficiency.

  • Headquarters Bengaluru, India
  • Founders Vijaya Lakshmi Palnati, Hari Krishna Reddy
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nsaas.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Nivriti Solutions Global Private Limited
  • Date of Incorporation 08 Mar, 2016
  • Jurisdiction Guntur, Andhra Pradesh, India
Key Metrics
  • Annual Revenue
    ₹76.2 Lakh

    FY 2018 · -48% YoY

  • Net Profit
    ₹1.2 Lakh

    FY 2018 · 2% margin

  • EBITDA
    ₹9.1 Lakh

    FY 2018 · 12% margin

  • Total Equity Funding
    $35.53K (USD)

    in 1 rounds

  • Latest Funding Round
    $35.53K (USD), Angel Round

    Aug 2018

Funding Insights of NSaaS

NSaaS has successfully raised a total of $35.53K through 1 strategic funding round. The most recent funding activity was a Angel Round of $35.53 thousand completed in August 2018. 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 $35,532
  • Total Rounds 1
  • Last Round Angel Round β€” $35,532
  • First Round $35,532

    (Aug 2018)

  • Investors Count 2

All 1 funding rounds of NSaaS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$35,532Angel Round$181,312Jyothi Ballem, Kailasa Nadh Ballem
–
Valuation history

Last known valuation $181,312 (Aug 2018). 2 investors in total: 0 institutional and 2 angel.

Investors in NSaaS

NSaaS has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Jyothi Ballem and Kailasa Nadh Ballem.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Jyothi Ballem

-
–unknown_efb2feb948f448a5a-

Kailasa Nadh Ballem

-
–unknown_9216a139c323443aa-
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Investor details for NSaaS

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Board of directors of Nivriti Solutions Global Private Limited (NSaaS)

Nivriti Solutions Global Private Limited is the primary company behind NSaaS. The board of Nivriti Solutions Global Private Limited currently have 2 directors; the longest-serving is Hari Krishna Reddy, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hari Krishna Reddy
DIN 07421942
Managing Director08 Mar 201610 yrs 7 moNivriti Solutions Global Private Limited
Sommanath Praveen Kumar Maseedu
DIN 10040976
Additional Director15 Mar 20233 yrs 7 moNivriti Solutions Global Private Limited

People of NSaaS

3 people are tracked at NSaaS (3 in leadership).

NameRoleGroup
Vijaya Lakshmi Palnati
Co-FounderLeadership
Co-Founder & Managing DirectorLeadership
CEOLeadership
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Financials of NSaaS

Figures of Nivriti Solutions Global Private Limited, the primary company behind NSaaS, for FY 2018. Revenue was ₹76.2 Lakh (-48% year on year). Net profit was ₹1.2 Lakh (2% margin). EBITDA was ₹9.1 Lakh (12% margin).

  • ₹76.2 LakhRevenue · FY 2018 · -48% YoY
  • ₹1.2 LakhNet profit · 2% margin
  • ₹9.1 LakhEBITDA · 12% margin
  • ₹1.58 CrPaid-up capital
  • 51Employees (provident fund records)

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

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Detailed financial statements for NSaaS

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Timeline of NSaaS

2 dated milestones of NSaaS across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded NSaaS is founded.
  2. Funding First funding round of $36K.

Competitors of NSaaS

NSaaS has 10 listed competitors in our database, 8 of them funded. They include Samsara, Radius, Lytx, Platform Science and GreenRoad, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
samsara.com2015San Francisco, United States$915M2,895
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
radius.com1990San Francisco, United States$332.76M–
Predictive marketing and sales platform
lytx.com1998San Diego, United States$152.4M979
Provider of video telematics and fleet management solutions
platformscience.com2014San Diego, United States$293.07M226
Provider of integrated solutions for fleet management
greenroad.com2004Austin, United States$81.5M10
Fleet telematics and management solutions for safe driving are provided.
inseego.com1985San Diego, United States$64.3M345
IoT networking hardware and device management platforms are provided.
fleetmatics.com2003Waltham, United States$108M779
Fleet management solutions are provided for tracking and optimization needs.
omnitracs.com1985Dallas, United States–999
Cloud-based fleet management solutions are provided for transportation operations.
azuga.com2013San Jose, United States–516
GPS vehicle tracking and fuel management solution
transflo.com1991Tampa, United States$3.89M198
Web-based solutions are provided for transportation and logistics operations.
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Detailed competitors of NSaaS

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Verified entity values are shown only after access is granted.

Top companies in Logistics Technology & Platforms

10 companies that operate in the same segment as NSaaS (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, Singapore, SingaporeUSD 10.38 BUSD 3.37 B57,733
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B23,536
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B–15,437
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B–998
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Related news about Nsaas

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Frequently Asked Questions about NSaaS

NSaaS was founded in 2016 and raised its 1st funding round 2 years after it was founded.

NSaaS is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Praveen Kumar is the current CEO of NSaaS.

NSaaS is a funded company, having raised a total of $35.53K across 1 funding round to date. The company's 1st funding round was a Angel Round of $35.53K, raised on Aug 2018.

The primary company behind NSaaS, Nivriti Solutions Global Private Limited, reported revenue of β‚Ή76.2 Lakh for FY 2018, down 48% year on year.

NSaaS was founded in 2016 in Bengaluru, India, as a provider of cloud-based platforms for asset monitoring and management. GPS tracking, RFID technology, and object warning systems are integrated to offer visibility into vehicle locations, routes, and schedules. Automated alerts, maintenance tracking, and historical reporting are included, serving industries such as logistics, FMCG, and pharmaceuticals. Custom hierarchies, API integrations, and flexible labeling are supported for operational efficiency.

NSaaS's top competitors include Samsara, Radius and Omnitracs.

NSaaS has 2 investors. Key investors include Jyothi Ballem, and Kailasa Nadh Ballem.

The valuation of NSaaS is $181.31K as of Aug 2018.

NSaaS operates through Nivriti Solutions Global Private Limited.

The legal entities of NSaaS currently have 2 directors, including Hari Krishna Reddy, Sommanath Praveen Kumar Maseedu.

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