About NSEIT
NSEIT is a company based in Mumbai (India) founded in 1999 was acquired by Investcorp in May 2024.. The company has 2,274 employees as of April 08, 2024. NSEIT has completed 2 acquisitions, including Aujas and Cloudxchange.io. NSEIT operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Mumbai, India
- Employees 2274 as on 08 Apr, 2024
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Sectors
Business ServicesTechnology
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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 Nseit Limited
- Date of Incorporation 29 Oct, 1999
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$24.29 M (USD)-70.22as on Mar 31, 2024
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Net Profit
$7.14 M (USD)499.74as on Mar 31, 2024
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EBITDA
$5.03 M (USD)44.28as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
2274
as on Apr 08, 2024
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Investments & Acquisitions
Aujas
& 1 more
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Acquired by
Investcorp
(May 01, 2024)
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Funding Insights of NSEIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NSEIT
NSEIT has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Investcorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity, real estate, and credit investments are managed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NSEIT
NSEIT has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aujas and Cloudxchange.io. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud services are provided by Cloudxchange.io to businesses.
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2018 | ||||
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A platform for security analytics and risk assessment is provided.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NSEIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nseit Comparisons
Competitors of NSEIT
NSEIT 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nseit
Frequently Asked Questions about NSEIT
When was NSEIT founded?
NSEIT was founded in 1999.
Where is NSEIT located?
NSEIT is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of NSEIT?
Anantharaman Sreenivasan is the current CEO of NSEIT.
How many employees does NSEIT have?
As of Apr 08, 2024, the latest employee count at NSEIT is 2,274.
What is the annual revenue of NSEIT?
Annual revenue of NSEIT is $24.29M as on Mar 31, 2024.
What does NSEIT do?
NSEIT was founded in 1999 and is headquartered in Mumbai, India. Operations focus on the IT services sector, where solutions in application development, cloud computing, cybersecurity, data and analytics, digital employee experience (DEX), and environmental, social, and governance (ESG) are delivered. Leadership is provided by CEO and Managing Director Anantharaman Sreenivasan. The company supports clients through its domain at nseit.com, emphasizing practical IT implementations.
Who are the top competitors of NSEIT?
NSEIT's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
How many acquisitions has NSEIT made?
NSEIT has made 2 acquisitions, including Aujas, and Cloudxchange.io.
Who are NSEIT's investors?
NSEIT has 1 investor. Key investors include Investcorp.