About NSaaS
NSaaS is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Vijaya Lakshmi Palnati and Hari Krishna Reddy. 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, as recorded, is Praveen Kumar. Its Indian entity Nivriti Solutions Global Private Limited reported revenue of ₹76.2 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.
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
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- 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
- 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
Associated legal entities of NSaaS
NSaaS operates through Nivriti Solutions Global Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nivriti Solutions Global Private Limited CIN U72200AP2016PTC098454 | Active | 08 Mar 2016 | Guntur, Andhra Pradesh | ₹0.8 Cr | 51 | 2 | View details |
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 — $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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $35,532 | Angel Round | $181,312 | Jyothi Ballem, Kailasa Nadh Ballem | – |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JB Jyothi Ballem | unknown_efb2feb948f448a5a | |||
KN Kailasa Nadh Ballem | unknown_9216a139c323443aa |
Investor details for NSaaS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hari Krishna Reddy DIN 07421942 | Managing Director | 08 Mar 2016 | 10 yrs 7 mo | Nivriti Solutions Global Private Limited |
| Sommanath Praveen Kumar Maseedu DIN 10040976 | Additional Director | 15 Mar 2023 | 3 yrs 7 mo | Nivriti Solutions Global Private Limited |
People of NSaaS
3 people are tracked at NSaaS (3 in leadership).
| Name | Role | Group |
|---|---|---|
Vijaya Lakshmi Palnati | Co-Founder | Leadership |
| Co-Founder & Managing Director | Leadership | |
| CEO | Leadership |
Complete people profiles for NSaaS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
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.
Detailed financial statements for NSaaS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
- Founded NSaaS is founded.
- Funding First funding round of $36K.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as NSaaS (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Nsaas
Complete news archive for 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 CEO of NSaaS, as recorded in our data.
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 ₹76.2 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 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.