About Xetgo
Xetgo is an Industrial Goods & Manufacturing company based in Bengaluru (India) founded in 2020 by Nikhitesh Henrage, Saby Varghese, and Vivek Vatsal. It offers SaaS-enabled software for managing packaging and supply chain operations. It operates on a B2B model. Xetgo has raised $160 thousand across 1 funding round from investors including 100X.VC. The company has 1 employees. Its Indian entity Xetgo Private Limited reported revenue of ₹9.15 Cr. Its focus areas include Technology, Software, Supply Chain Management and Packaging Solutions.
Company details
Xetgo, backed by 160000.0 from 100X.VC, focuses on leveraging cutting-edge technology, software, managing supply chains, and providing packaging solutions. Offers SaaS-enabled software for managing packaging and supply chain operations. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 1
- Founders Nikhitesh Henrage, Saby Varghese, Vivek Vatsal
- SectorsIndustrial Goods & Manufacturing
- Website xetgo.co
- Social Facebook
- Legal Name Xetgo Private Limited
- Date of Incorporation 09 Jul, 2020
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹9.15 Cr
FY 2025 · +175% YoY
- Net Loss-₹1.23 Cr
FY 2025 · -13% margin
- EBITDA-₹1.16 Cr
FY 2025 · -13% margin
- Total Equity Funding$160K (USD)
in 1 rounds
- Latest Funding Round$160K (USD), Seed
Jun 2023
- Investors
- Employee Count1
Associated legal entities of Xetgo
Xetgo operates through Xetgo Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xetgo Private Limited CIN U74999KA2020PTC135753 | Active | 09 Jul 2020 | Bengaluru, Karnataka | ₹9.1 Cr | 3 | View details |
Funding Insights of Xetgo
Xetgo has successfully raised a total of $160K through 1 strategic funding round. The most recent funding activity was a Seed round of $160 thousand completed in June 2023. 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 $160,000
- Total Rounds 1
- Last Round Seed — $160,000
- First Round $160,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of Xetgo 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 |
|---|---|---|---|---|---|
| Jun 2023 | $160,000 | Seed | – | 100X.VC | – |
1 investors in total: 1 institutional.
Investors in Xetgo
Xetgo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India |
Investor details for Xetgo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Xetgo Private Limited (Xetgo)
Xetgo Private Limited is the primary company behind Xetgo. The board of Xetgo Private Limited currently have 3 directors; the longest-serving is Nikhitesh Henrage, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhitesh Henrage DIN 08787695 | Director | 09 Jul 2020 | 6 yrs 3 mo | Xetgo Private Limited |
| Vivek Vatsal DIN 08787696 | Director | 09 Jul 2020 | 6 yrs 3 mo | Xetgo Private Limited |
| Saby Sajju Varghese DIN 10187339 | Director | 03 Jun 2023 | 3 yrs 4 mo | Xetgo Private Limited |
People of Xetgo
3 people are tracked at Xetgo (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Xetgo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Xetgo
Figures of Xetgo Private Limited, the primary company behind Xetgo, for FY 2025. Revenue was ₹9.15 Cr (+175% year on year). Net loss was -₹1.23 Cr (-13% margin). EBITDA was -₹1.16 Cr (-13% margin). Revenue has grown at a compounded annual rate of +44% over three years.
- ₹9.15 CrRevenue · FY 2025 · +175% YoY
- -₹1.23 CrNet loss · -13% margin
- -₹1.16 CrEBITDA · -13% margin
- ₹1.4 LakhPaid-up capital
- +44%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Xetgo Private Limited are on its company page.
Detailed financial statements for Xetgo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Xetgo
2 dated milestones of Xetgo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Xetgo is founded.
- Funding First funding round of $160K.
Top companies in Packaging Equipment & Systems
3 companies that operate in the same segment as Xetgo (Packaging Equipment & Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Packaging materials and supply-chain services are offered online to businesses. | 2005 | Gurugram, Haryana, India | USD 5.05 M | USD 10.95 M | 131 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 | |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper | 2020 | Pune, Maharashtra, India | USD 4.9 M | USD 66.27 K |
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Frequently Asked Questions about Xetgo
Xetgo was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Xetgo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Xetgo is a funded company, having raised a total of $160K across 1 funding round to date. The company's 1st funding round was a Seed of $160K, raised on Jun 2023.
Xetgo has 1 employees.
The primary company behind Xetgo, Xetgo Private Limited, reported revenue of ₹9.15 Cr for FY 2025, up 175% year on year.
Xetgo, backed by 160000.0 from 100X.VC, focuses on leveraging cutting-edge technology, software, managing supply chains, and providing packaging solutions. Offers SaaS-enabled software for managing packaging and supply chain operations. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Xetgo has 1 investor. Key investors include 100X.VC.
Xetgo operates through Xetgo Private Limited.
The legal entities of Xetgo currently have 3 directors, including Saby Sajju Varghese, Nikhitesh Henrage, Vivek Vatsal.