When was NxtGen founded?

NxtGen was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is NxtGen located?

NxtGen is headquartered in Bengaluru, India. It is registered at 4 BATTERY ROAD #25-01 BANK OF CHINA BUILDING SINGAPORE 049908.

How many employees does NxtGen have?

As of Jul 01, 2024, the latest employee count at NxtGen is 201 - 500.

Is NxtGen a funded company?

NxtGen is a funded company, having raised a total of $37.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 30, 2008.

When was the latest funding round of NxtGen?

NxtGen's latest funding was a $***** Series B round on Jul 01, 2015, with participation from 3 investors.

What is the annual revenue of NxtGen?

Annual revenue of NxtGen is ₹282Cr as on Mar 31, 2025.

Where does NxtGen rank among its competitors?

NxtGen ranks 14th amongst 165 active competitors, of which 22 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Oracle, which secured $77.8M in Feb, 2025.

Who are the top competitors of NxtGen?

NxtGen's top competitors include Oracle, IBM and Dell. Among them, Oracle secured the most recent funding round in February, 2025.

NxtGen - 2026 Company Profile, Team, Funding, Competitors & Financials

NxtGen is a series B company based in Bengaluru (India), founded in 2004 by Satyamoorthy D and K Bhaskar Varma. It operates as a Provider of data centers and cloud solutions. NxtGen has raised $37.7M in funding from investors like Intel Capital, IFC and Axon Partners Group. The company has 165 active competitors, including 22 funded and 40 that have exited. Its top competitors include companies like Oracle, IBM and Dell.

Company Details

Provider of data centers and cloud solutions. It offers specialized cloud platforms for industries such as Financial Services, Healthcare, and Government, focusing on enhanced productivity, security, and data management. The company prioritizes data security and sovereignty, delivering tailored solutions to meet customer needs.

Website: nxtgen.com
Social
Email ID: *****@nxtgen.com
Phone Number: +91 **********
Registered Address: 4 BATTERY ROAD #25-01 BANK OF CHINA BUILDING SINGAPORE 049908

Key Metrics

Founded Year

2004

Location

Bengaluru, India

Stage

Series B

Total Funding

$37.7M in 3 rounds

Latest Funding Round

Series B, Jul 01, 2015, $*****

Investors

Intel Capital & 6 more

Ranked

14^th among 165 active competitors

Annual Revenue

₹282Cr as on Mar 31, 2025

Employee Count

201 - 500 as on Jul 01, 2024

Similar Companies

Oracle & 172 more

View NxtGen's full profile

NxtGen is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NXTGEN DATACENTER AND CLOUD SERVICES LIMITED CIN: U72200KA2012PLC063726 , India, Active	Apr 26, 2012	$0 (As on Mar 31, 2025)	2 (As on Jun 30, 2024)
NXTGEN AI PRIVATE LIMITED CIN: U72900KA2022PTC166431 , India, Active	Sep 23, 2022	$0 (As on Mar 31, 2025)	-
NXTGEN CLOUD TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2012PTC063135 , India, Active	Mar 21, 2012	$33.3M (As on Mar 31, 2025)	372 (As on Jun 01, 2025)
NXTGEN TECHNOLOGY PTE. LTD. CIN: 201316741N , Singapore, Active	Dec 31, 2011	$24.9M (As on Mar 31, 2023)	4 (As on Jan 31, 2022)

NxtGen has raised a total funding of $37.7M over 3 rounds. Its first funding round was on Oct 30, 2008. Its latest funding round was a Series B round on Jul 01, 2015 for $*****. 3 investors participated in its latest round. NxtGen has 7 institutional investors.

Here is the list of recent funding rounds of NxtGen:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2015	6303531	Series B	9220043	9488032	1812744	6518442
Aug 13, 2013	4571623	Series B	6470534	5894658	5467940	6823134
Oct 30, 2008	8612623	Series B	2312772	4343061	Altira Group	ITOCHU

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View details of NxtGen's funding rounds and investors

The founders of NxtGen are Satyamoorthy D and K Bhaskar Varma. Rajgopal Srinivas Anasapurapu is the CEO of NxtGen.

Here are the details of NxtGen's key team members:

Satyamoorthy D: Former Co-Founder of NxtGen and founder of 1 other company.
K Bhaskar Varma: Co-Founder & CBO of NxtGen.

View details of NxtGen's Founder profiles and Board Members

NxtGen's employee count trend

NxtGen has 201 - 500 employees as of Jul 24. Here is NxtGen's employee count trend over the years:

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Top competitors of NxtGen include Oracle, IBM and Dell. Here is the list of Top 10 competitors of NxtGen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oracle 1977, Austin (United States), Public	Hybrid cloud infrastructure platform	-	EGI Booster, rifvc.com & 32 others	83/100
2nd	IBM 1911, United States, Public	Provider of hybrid cloud solutions, AI models, and cybersecurity services	-	Berkshire Hathaway, Runway & 16 others	80/100
3rd	Dell 1984, Round Rock (United States), Public	Provider of enterprise servers and cloud solutions	-	CampVentures, Barclays & 11 others	80/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	80/100
5th	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Andreessen Horowitz & 46 others	79/100
6th	Nutanix 2009, San Jose (United States), Public	AI powered cloud management software for enterprises	$317M	Sapphire Ventures, Goldman Sachs & 31 others	75/100
7th	Hitachi Vantara 1989, Santa Clara (United States), Series A	Provider of data infrastructure, hybrid cloud, and data resilience solutions	$6.56M	-	69/100
8th	Alibaba Cloud 2009, Hangzhou (China), Unfunded	Hybrid cloud and business intelligence platform for enterprises	-	-	68/100
9th	Amazon Web Services 2006, Seattle (United States), Funding Raised	Provider of cloud computing services, including infrastructure, AI, and data solutions	-	Hackquarters, Tigerlabs & 4 others	65/100
10th	ESDS 2005, Nashik (India), Series B	Provider of cloud and data centre infrastructure solutions	$47.3M	GEF Capital Partners, Capri Loans & 90 others	65/100
14th	NxtGen 2004, Bengaluru (India), Series B	Provider of data centers and cloud solutions	$37.7M	IFC, Intel & 5 others	59/100