About RezNext
RezNext is a Technology company based in Bengaluru (India) founded in 2012 by Vissal Mathew and Suresh John. It operates as a real-time distribution management solutions are provided for hospitality. It operates in the Technology and Travel & Hospitality sectors. RezNext has raised $9.9 million across 5 funding rounds from investors including Hansa Shah, NEA and Neha Sanghvi. The company has 24 employees. RezNext was last valued at $11.95 million in November 2017. Its chief executive is Binu Mathews. Its Indian entity Reznext Global Solutions Private Limited reported revenue of ₹2.69 Cr. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Hospitality and Hotels. Its competitors include CloudBeds, Emerging Travel Group, Guesty, Shiji and StayNTouch and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
RezNext was established in 2012 in Bengaluru, India, as a provider of real-time distribution management solutions for the hospitality sector. Tools and services are offered to assist hotels in handling distribution channels, revenue optimization, and marketing efforts. Operations focus on enhancing online visibility and occupancy through data-driven strategies, with key leadership including co-founders Vissal Mathew and Suresh John, and CEO Binu Mathews.
- Headquarters Bengaluru, India
- Employees 24
- Founders Vissal Mathew, Suresh John
- Stage Minicorn
- SectorsTechnologyTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website reznext.com
- Social LinkedIn X Facebook
- Legal Name Reznext Global Solutions Private Limited
- Date of Incorporation 27 Jul, 2012
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.69 Cr
FY 2019 · -7% YoY
- Net Loss-₹87.8 Lakh
FY 2019 · -33% margin
- EBITDA-₹1.11 Cr
FY 2019 · -41% margin
- Total Equity Funding$9.9M (USD)
in 5 rounds
- Latest Funding Round$339.72K (USD), Series A
Nov 2017
- InvestorsNEA
& 28 more
- Employee Count24
Associated legal entities of RezNext
RezNext operates through Reznext Global Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reznext Global Solutions Private Limited CIN U72200KA2012PTC065042 | Active | 27 Jul 2012 | Bangalore, Karnataka | ₹2.7 Cr | 24 | 3 | View details |
Funding Insights of RezNext
RezNext has successfully raised a total of $9.9M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $339.72 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 $9.9M
- Total Rounds 5
- Last Round Series A — $339,724
- First Round $1.08M
(Mar 2014)
- Investors Count 29
All 5 funding rounds of RezNext 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 | $339,724 | Series A | $11.95M | Hansa Shah, New Enterprise Associates | – |
| May 2016 | $959,173 | Series A | $11.72M | New Enterprise Associates | – |
| Dec 2014 | $6.33M | Series A | $••••• | New Enterprise Associates | |
| May 2014 | $1.19M | Seed | $••••• | IDS Next | |
| Mar 2014 | $1.08M | Angel Round | – | Nikhil Kishore Vora |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2017 | $11.95M | •••••••• |
| May 2016 | $11.72M | •••••••• |
| Dec 2014 | $••••• | •••••••• |
| May 2014 | $••••• | •••••••• |
Full valuation and stage history of RezNext
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $11.95M (Nov 2017). 29 investors in total: 2 institutional and 27 angel.
Investors in RezNext
RezNext has secured backing from 29 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Hansa Shah, NEA and Neha Sanghvi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Hospitality technology solutions are provided by IDS Next globally. | – | idsnext.com | Bengaluru, India | |
HS Hansa Shah | - | – | unknown_04798ae9de5f4fff8 | - |
NS Neha Sanghvi | - | – | unknown_1d5f10adbc434aa5b | - |
BK Balamurali Krishna | - | – | unknown_a03800b7be8a4bf88 | - |
VV Venkat Vardhan | - | – | unknown_824c95f19f5543e98 | - |
NA Nirmala Achiligam | - | – | unknown_f2cf9e79bc3645d48 | - |
AN Aevita Nalian | - | – | unknown_3b79a57f00784c778 | - |
RK Raghuveera Kamath | - | – | unknown_946cd755a09b4c259 | - |
AM Ajay Mehra | - | – | unknown_29aa3c6091f543e3a | - |
Investor details for RezNext
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Board of directors of Reznext Global Solutions Private Limited (RezNext)
Reznext Global Solutions Private Limited is the primary company behind RezNext. The board of Reznext Global Solutions Private Limited currently have 3 directors; the longest-serving is Pandithurai Jegatheesan, appointed in 2019. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pandithurai Jegatheesan DIN 08608397 | Additional Director | 12 Nov 2019 | 6 yrs 11 mo | Reznext Global Solutions Private Limited |
| Nagappan DIN 08985135 | Additional Director | 07 Dec 2020 | 5 yrs 10 mo | Reznext Global Solutions Private Limited |
| Nataraja Chetty Sukumar DIN 09536265 | Director | 30 Mar 2022 | 4 yrs 6 mo | Reznext Global Solutions Private Limited |
People of RezNext
3 people are tracked at RezNext (3 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Binu Mathews | CEO | Leadership |
Complete people profiles for RezNext
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Financials of RezNext
Figures of Reznext Global Solutions Private Limited, the primary company behind RezNext, for FY 2019. Revenue was ₹2.69 Cr (-7% year on year). Net loss was -₹87.8 Lakh (-33% margin). EBITDA was -₹1.11 Cr (-41% margin). Revenue has grown at a compounded annual rate of -1% over three years.
- ₹2.69 CrRevenue · FY 2019 · -7% YoY
- -₹87.8 LakhNet loss · -33% margin
- -₹1.11 CrEBITDA · -41% margin
- ₹30.47 CrPaid-up capital
- 24Employees (provident fund records)
- -1%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Reznext Global Solutions Private Limited are on its company page.
Detailed financial statements for RezNext
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of RezNext
4 dated milestones of RezNext across 5 years, from founding to its latest funding, stage changes and deals.
- Founded RezNext is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $340K.
Competitors of RezNext
RezNext has 9 listed competitors in our database, 9 of them funded. They include CloudBeds, Emerging Travel Group, Guesty, Shiji and StayNTouch, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| emergingtravel.com | 2010 | Wilmington, United States | $62M | – | Multiple online travel platforms and OTAs are operated globally. | |
| guesty.com | 2013 | Walnut, United States | $409.25M | – | Cloud-based software is provided for vacation rental management and synchronization. | |
| shijigroup.com | 1998 | Beijing, China | $458.66M | – | Cloud-based property management solutions for hospitality are provided. | |
| stayntouch.com | 2012 | Bethesda, United States | $60.8M | 69 | Property management software is delivered through a SaaS platform. | |
| hotelogix.com | 2008 | Singapore | $9.97M | 162 | Cloud-based hotel management system | |
| rategain.com | 2004 | London, United Kingdom | $64.87M | 12 | SaaS solutions for hospitality revenue and operations management are delivered. | |
| canarytechnologies.com | 2017 | San Francisco, United States | $175.15M | 106 | Enterprise hospitality technology solutions are provided for business operations. | |
| mews.com | 2012 | Amsterdam, Netherlands | $409.99M | – | Cloud-based software for hotel and hostel operations is managed. |
Detailed competitors of RezNext
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Web traffic of RezNext
Websites that share an audience with RezNext (reznext.com).
Websites whose visitors overlap most with RezNext. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| e-gds.com | 100% | 333.3K | #136,616 | View details | |
| hotellinksolutions.com | 99% | 151.4K | #274,651 | View details | |
| axisrooms.com | 98% | 192.1K | #257,522 | View details | |
| hotelzon.com | 98% | – | – | View details | |
| edreamhotels.com | 96% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for RezNext
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Top companies in Enterprise Resource Planning
10 companies that operate in the same segment as RezNext (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | 7,356 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – |
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Related news about Reznext
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Frequently Asked Questions about RezNext
RezNext was founded in 2012 and raised its 1st funding round 2 years after it was founded.
RezNext is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Binu Mathews is the current CEO of RezNext.
RezNext is a funded company, having raised a total of $9.9M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $1.08M, raised on Mar 2014.
RezNext has 24 employees.
The primary company behind RezNext, Reznext Global Solutions Private Limited, reported revenue of ₹2.69 Cr for FY 2019, down 7% year on year.
RezNext was established in 2012 in Bengaluru, India, as a provider of real-time distribution management solutions for the hospitality sector. Tools and services are offered to assist hotels in handling distribution channels, revenue optimization, and marketing efforts. Operations focus on enhancing online visibility and occupancy through data-driven strategies, with key leadership including co-founders Vissal Mathew and Suresh John, and CEO Binu Mathews.
RezNext's top competitors include Guesty, Emerging Travel Group and CloudBeds.
RezNext has 29 investors. Key investors include Hansa Shah, NEA, Neha Sanghvi, Balamurali Krishna, and Venkat Vardhan.
The valuation of RezNext is $11.95M as of Nov 2017.
RezNext operates through Reznext Global Solutions Private Limited.
The legal entities of RezNext currently have 3 directors, including Nataraja Chetty Sukumar, Nagappan, Pandithurai Jegatheesan.