NWORX

Bengaluru, India Founded: 2017 • Age: 9 yrs Minicorn
Provider of AI-powered career readiness solutions for universities and enterprises

About NWORX

NWORX is a Technology company based in Bengaluru (India) founded in 2017 by Shwetal Shubhadeep and Hariraj Vijaykumar. It operates in the Technology and Education sectors. NWORX has raised $941.57 thousand across 1 funding round from investors including ZeroNorth and Saka Marketing. NWORX was last valued at $8.88 million in December 2022. Its chief executive, as recorded, is Hariraj Vijaykumar. Its Indian entity Designs In Change Technology Private Limited reported revenue of β‚Ή3.96 Cr. NWORX offers products and services including AI Coach and Skilling Platform. Its focus areas include Enterprise Applications, HRTech, Performance Management and Suite.

Company details

Provider of AI-powered career readiness solutions for universities and enterprises. It offers personalized career readiness programs leveraging AI coaching for universities to build job-ready talent at scale. For enterprises, it provides role-specific skilling solutions using AI. The solutions incorporate business and behavioral science principles and prioritize integrated safety and security.

  • Headquarters Bengaluru, India
  • Founders Shwetal Shubhadeep, Hariraj Vijaykumar
  • Stage Minicorn
  • Sectors
    Technology
    Education
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website nworx.ai
  • Social LinkedIn X Facebook
  • Legal Name Designs In Change Technology Private Limited
  • Date of Incorporation 13 Mar, 2018
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹3.96 Cr

    FY 2024 · +52% YoY

  • Net Loss
    -₹3.44 Cr

    FY 2024 · -87% margin

  • EBITDA
    -₹2.97 Cr

    FY 2024 · -75% margin

  • Total Equity Funding
    $941.57K (USD)

    in 1 rounds

  • Latest Funding Round
    $941.57K (USD), Seed

    Dec 2022

  • Investors
    ZeroNorth

    & 1 more

Products & Services of NWORX

NWORX offers a comprehensive portfolio of products and services, including AI Coach and Skilling Platform.

AI Coach
Career Development Tool

Provides personalized AI-based coaching for role-specific skilling and job readiness

Skilling Platform
Training Software

Delivers scalable career readiness programs for universities and enterprises

Funding Insights of NWORX

NWORX has successfully raised a total of $941.57K through 1 strategic funding round. The most recent funding activity was a Seed round of $941.57 thousand completed in December 2022. 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 $941,569
  • Total Rounds 1
  • Last Round Seed β€” $941,569
  • First Round $941,569

    (Dec 2022)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$941,569Seed$8.88MZeroNorth, Saka Marketing
–
Valuation history
DateValuationStage
Dec 2022$8.88Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $8.88M (Dec 2022). 2 investors in total: 2 institutional.

Investors in NWORX

NWORX has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include ZeroNorth and Saka Marketing.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Solutions to optimize tramp shipping operations are provided.
2014zeronorth.comCopenhagen, Denmark
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Investor details for NWORX

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Board of directors of Designs In Change Technology Private Limited (NWORX)

Designs In Change Technology Private Limited is the primary company behind NWORX. The board of Designs In Change Technology Private Limited currently have 3 directors; the longest-serving is Shwetal Shubhadeep, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shwetal Shubhadeep
DIN 07651813
Director13 Mar 20188 yrs 8 moDesigns In Change Technology Private Limited
Vijayakumar Rema Hariraj
DIN 07651683
Managing Director13 Mar 20188 yrs 8 moDesigns In Change Technology Private Limited
Vishnu Swaminathan
DIN 02233961
Nominee Director14 Apr 20233 yrs 6 moDesigns In Change Technology Private Limited

People of NWORX

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

NameRoleGroup
Co-Founder & COOLeadership
Hariraj Vijaykumar
Co-Founder & CEOLeadership
Reuben Thomas
Director - ProductLeadership
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Complete people profiles for NWORX

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Financials of NWORX

Figures of Designs In Change Technology Private Limited, the primary company behind NWORX, for FY 2024. Revenue was ₹3.96 Cr (+52% year on year). Net loss was -₹3.44 Cr (-87% margin). EBITDA was -₹2.97 Cr (-75% margin). Revenue has grown at a compounded annual rate of +8% over three years and +3% over five years.

  • ₹3.96 CrRevenue · FY 2024 · +52% YoY
  • -₹3.44 CrNet loss · -87% margin
  • -₹2.97 CrEBITDA · -75% margin
  • ₹1 LakhPaid-up capital
  • 1Employees (provident fund records)
  • +8%Revenue CAGR, 3 years
  • +3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Designs In Change Technology Private Limited are on its company page.

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Detailed financial statements for NWORX

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  • Downloads

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Timeline of NWORX

3 dated milestones of NWORX across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded NWORX is founded.
  2. Funding First funding round of $942K.
  3. Milestone Reaches Minicorn status.

Web traffic of NWORX

The website of NWORX (nworx.ai) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 40.3% vs previous month

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Related news about Nworx

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Frequently Asked Questions about NWORX

NWORX was founded in 2017 and raised its 1st funding round 5 years after it was founded.

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

Hariraj Vijaykumar is the CEO of NWORX, as recorded in our data. They have also founded this company.

NWORX is a funded company, having raised a total of $941.57K across 1 funding round to date. The company's 1st funding round was a Seed of $941.57K, raised on Dec 2022.

The primary company behind NWORX, Designs In Change Technology Private Limited, reported revenue of β‚Ή3.96 Cr for FY 2024, up 52% year on year.

Provider of AI-powered career readiness solutions for universities and enterprises. It offers personalized career readiness programs leveraging AI coaching for universities to build job-ready talent at scale. For enterprises, it provides role-specific skilling solutions using AI. The solutions incorporate business and behavioral science principles and prioritize integrated safety and security.

NWORX offers AI Coach and Skilling Platform.

NWORX has 2 investors. Key investors include ZeroNorth, and Saka Marketing.

The valuation of NWORX is $8.88M as of Dec 2022.

NWORX operates through Designs In Change Technology Private Limited.

The legal entities of NWORX currently have 3 directors, including Shwetal Shubhadeep, Vijayakumar Rema Hariraj, Vishnu Swaminathan.

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