About NSOFT
NSOFT is a Technology company based in Bengaluru (India) founded in 2006 by Naagaraj Subramanya, H Subramanya, and Mangala Nagaraj. IoT-based billing and energy management solutions are provided to utilities. It operates in the Technology, Business Services, and Energy & Utilities sectors. NSOFT has raised $1.78 million across 3 funding rounds from investors including Canbank VC, Seetha Lakshmi and Meena Ravikrishna. The company has 708 employees. NSOFT was last valued at $7.09 million in November 2017. Its website nsoft.in draws about 41 thousand monthly visits. Its Indian entity N Soft (India) Services Private Limited reported revenue of ₹65.14 Cr. NSOFT offers products and services including Smart Metering, TRM Solution, and Utility ERP. Its focus areas include High Tech, Smart Cities, Smart Utilities and Energy Management.
Company details
Provider of IoT-based billing and energy management solutions. It provides advanced metering infrastructure and software solutions for billing and energy management to utility services provides and electricity distribution companies. Provides a module that can be integrated with existing meters at the consumer end and can transmit energy data to the system installed at the utility end using RF, LoRaWan technologies over the electricity lines. Allows integration with mobile app and other systems. Also, provides an ERP system for automation at utility service providers end with features like finance accounts, works projects department, inventory, revenues and expenses, receivable management, and others.
- Headquarters Bengaluru, India
- Employees 708
- Founders Naagaraj Subramanya, H Subramanya, Mangala Nagaraj
- Stage Minicorn
- SectorsTechnologyBusiness Services Energy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website nsoft.in
- Social X
- Legal Name Nsoft (India) Services Private Limited
- Date of Incorporation 03 Mar, 2006
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹65.14 Cr
FY 2025 · +3% YoY
- Net Profit₹3.16 Cr
FY 2025 · 5% margin
- EBITDA₹15.98 Cr
FY 2025 · 25% margin
- Total Equity Funding$1.78M (USD)
in 3 rounds
- Latest Funding Round$963.23K (USD), Seed
Nov 2017
- InvestorsCanbank VC
& 3 more
- Employee Count708
Associated legal entities of NSOFT
NSOFT is associated with 3 registered companies on The Company Check; the primary company is N Soft (India) Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| N Soft (India) Services Private Limited CIN U72200KA2006PTC038655 | Active | 03 Mar 2006 | Bangalore, Karnataka | ₹65.1 Cr | 708 | 3 | View details |
| Nstekmark Llp CIN AAR-2982 | Active | 12 Dec 2019 | Bangalore, Karnataka | ₹3.2 Cr | 2 | View details | |
| Nsoft India Ami Solutions Private Limited CIN U74999KA2018PTC109347 | Active | 09 Jan 2018 | Bangalore, Karnataka | 2 | View details |
Products & Services of NSOFT
NSOFT offers a comprehensive portfolio of products and services, including Smart Metering, TRM Solution, and Utility ERP.
End-to-end system for automatic meter reading and data management.
Software for billing, collections, and operational analytics.
Platform for financial and process automation in utilities.
Funding Insights of NSOFT
NSOFT has successfully raised a total of $1.78M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $963.23 thousand completed in November 2017. 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 $1.78M
- Total Rounds 3
- Last Round Seed — $963,231
- First Round $67,100
(Mar 2009)
- Investors Count 4
All 3 funding rounds of NSOFT 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 |
|---|---|---|---|---|---|
| Nov 2017 | $963,231 | Seed | $7.09M | Canbank Venture Capital Fund | – |
| Jan 2016 | $754,485 | Seed | $3.98M | Canbank Venture Capital Fund | – |
| Mar 2009 | $67,100 | Angel Round | $••••• | Seetha Lakshmi |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2017 | $7.09M | •••••••• |
| Jan 2016 | $3.98M | •••••••• |
Last known valuation $7.09M (Nov 2017). 4 investors in total: 1 institutional and 3 angel.
Investors in NSOFT
NSOFT has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Canbank VC, Seetha Lakshmi and Meena Ravikrishna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are managed for promising startups. | canbank.vc | Bengaluru, India | ||
SL Seetha Lakshmi | unknown_63b692aa06894b5c9 | |||
MR Meena Ravikrishna | unknown_aaaece9fd47c41688 | |||
MR Madhavi Radhakrishna | unknown_3cfd627602bf414f9 |
Investor details for NSOFT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of N Soft (India) Services Private Limited (NSOFT)
N Soft (India) Services Private Limited is the primary company behind NSOFT. The boards of the 3 registered companies of NSOFT currently have 3 directors; the longest-serving is Mangala Nagaraj, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mangala Nagaraj DIN 00266430 | Designated Partner | 12 Dec 2019 | 6 yrs 10 mo | Nstekmark Llp, Nsoft India Ami Solutions Private Limited, N Soft (India) Services Private Limited |
| Naagaraj Subramanya DIN 00266297 | Designated Partner | 12 Dec 2019 | 6 yrs 10 mo | Nstekmark Llp, Nsoft India Ami Solutions Private Limited, N Soft (India) Services Private Limited |
| Pratul Kumar Ray DIN 11334302 | Additional Director | 11 Oct 2025 | 1 yr | N Soft (India) Services Private Limited |
People of NSOFT
3 people are tracked at NSOFT (3 in leadership); the tracked headcount is 708.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership | |
H Subramanya | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for NSOFT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Verified entity values are shown only after access is granted.
Financials of NSOFT
Figures of N Soft (India) Services Private Limited, the primary company behind NSOFT, for FY 2025. Revenue was ₹65.14 Cr (+3% year on year). Net profit was ₹3.16 Cr (5% margin). EBITDA was ₹15.98 Cr (25% margin). Revenue has grown at a compounded annual rate of 0% over three years and -5% over five years.
- ₹65.14 CrRevenue · FY 2025 · +3% YoY
- ₹3.16 CrNet profit · 5% margin
- ₹15.98 CrEBITDA · 25% margin
- ₹3.81 CrPaid-up capital
- 708Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of N Soft (India) Services Private Limited are on its company page.
Detailed financial statements for NSOFT
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of NSOFT
4 dated milestones of NSOFT across 11 years, from founding to its latest funding, stage changes and deals.
- Founded NSOFT is founded.
- Funding First funding round of $67K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $963K.
Web traffic of NSOFT
The website of NSOFT (nsoft.in) receives about 41.2K visits a month.
- Monthly visits41.2K
▲ 68% vs previous month
Websites whose visitors overlap most with NSOFT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| karnatakaone.gov.in | 100% | #76,691 | View details | ||
| bescom.co.in | 98% | 484.5K | View details | ||
go4g.airtel.in | go4g.airtel.in | 73% | – | ||
| careratings.com | 60% | 150.1K | View details | ||
| csgi.com | 43% | 106.5K | #308,477 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for NSOFT
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- 8 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Nsoft
Complete news archive for NSOFT
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Frequently Asked Questions about NSOFT
NSOFT was founded in 2006 and raised its 1st funding round 3 years after it was founded.
NSOFT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
NSOFT is a funded company, having raised a total of $1.78M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $67.1K, raised on Mar 2009.
NSOFT has 708 employees.
The primary company behind NSOFT, N Soft (India) Services Private Limited, reported revenue of ₹65.14 Cr for FY 2025, up 3% year on year.
Provider of IoT-based billing and energy management solutions. It provides advanced metering infrastructure and software solutions for billing and energy management to utility services provides and electricity distribution companies. Provides a module that can be integrated with existing meters at the consumer end and can transmit energy data to the system installed at the utility end using RF, LoRaWan technologies over the electricity lines. Allows integration with mobile app and other systems. Also, provides an ERP system for automation at utility service providers end with features like finance accounts, works projects department, inventory, revenues and expenses, receivable management, and others.
NSOFT offers Smart Metering, TRM Solution, and Utility ERP.
NSOFT has 4 investors. Key investors include Canbank VC, Seetha Lakshmi, Meena Ravikrishna, and Madhavi Radhakrishna.
The valuation of NSOFT is $7.09M as of Nov 2017.
NSOFT is associated with 3 legal entities: N Soft (India) Services Private Limited, Nstekmark Llp, Nsoft India Ami Solutions Private Limited.
The legal entities of NSOFT currently have 3 directors, including Mangala Nagaraj, Naagaraj Subramanya, Pratul Kumar Ray.