BUSINESSNEXT - About the company
BUSINESSNEXT is a series B company based in Noida (India), founded in 2001 by Manoj Kumar Singh and Bidhan Chaudhary. It operates as a Provider of composable platform for CRM, data management, lending, and AI agent solutions. BUSINESSNEXT has raised $23M in funding from investors like Ascent Capital, Norwest and Avataar Ventures, with a current valuation of ₹*****. The company has 3161 active competitors, including 245 funded and 142 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.
Company Details
Provider of composable platform for CRM, data management, lending, and AI agent solutions. It offers composable platforms and solutions encompassing customer relationship management, data management, lending solutions, and AI-driven agent capabilities. These platforms are designed to streamline sales, service, and marketing processes, improve customer experiences, and accelerate lending operations. The company provides solutions for various financial services sectors, including banking, insurance, and wealth management. Its offerings include tools for lead management, risk assessment, credit card origination, and account onboarding. The platform utilizes generative AI and machine learning to enhance efficiency and decision-making.
- Website
- www.businessnext.com/
- Social
- Email ID
- *****@businessnext.com
- Phone Number
- +91 **********
- Registered Address
- Novato, California
Key Metrics
Founded Year
2001
Location
Noida, India
Stage
Series B
Total Funding
$23M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 25, 2021
Investors
Ranked
68th among 3161 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
1,119 as on Jun 30, 2026
Similar Companies
Legal entities associated with BUSINESSNEXT
BUSINESSNEXT is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CRMNEXT INC. CIN: 812212943 , United States, Active | Dec 26, 999 | - | 23 (As on Dec 31, 2022) | - |
ACIDAES SOLUTIONS PVT LTD CIN: U72900DL2001PTC112467 , India, Active | Sep 19, 2001 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 1260 (As on Aug 01, 2025) |
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BUSINESSNEXT's funding and investors
BUSINESSNEXT has raised a total funding of $23M over 2 rounds. Its first funding round was on Mar 27, 2014. Its latest funding round was a Series B round on Mar 25, 2021 for $*****. 2 investors participated in its latest round. BUSINESSNEXT has 3 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of BUSINESSNEXT:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 25, 2021 | 2473782 | Series B | 4103556 | 3860024 | 7831605 | 8384867 |
Mar 27, 2014 | 9046461 | Series A | 4058410 | 5427131 | 8491765 |
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BUSINESSNEXT's founders and board of directors
Founder? Claim ProfileThe founders of BUSINESSNEXT are Manoj Kumar Singh and Bidhan Chaudhary. Nishant Singh is the CEO of BUSINESSNEXT.
Here are the details of BUSINESSNEXT's key team members:
- Manoj Kumar Singh: Co-Founder of BUSINESSNEXT. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Bidhan Chaudhary: Co-Founder & Director of BUSINESSNEXT. Contact Info: 1 phone number
BUSINESSNEXT's Board of Directors
BUSINESSNEXT's board has 3 active members. Nishant Singh is part of team and Nishant Kanuru Rao and Veeraraghavan Mohan Kumar are independent board members.Here is the list of BUSINESSNEXT's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 24y 10m | |
ktupiwc | Team | - | Past | 5y 6m |
Independent board member | - | Current | 12y 3m | |
yywlogs | Independent board member | - | Past | 4y 8m |
vneztgp | Independent board member | - | Past | 9y 7m |
wzrwdhk | Independent board member | - | Past | 2y 5m |
rmajhyd | Independent board member | - | Past | 7y 7m |
View details of BUSINESSNEXT's Founder profiles and Board Members
BUSINESSNEXT's employee count trend
BUSINESSNEXT has 1,119 employees as of Jun 26. Here is BUSINESSNEXT's employee count trend over the years:
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BUSINESSNEXT's Competitors and alternates
Top competitors of BUSINESSNEXT include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of BUSINESSNEXT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
2nd |  HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
3rd |  Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
4th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
5th |  Outreach 2014, Seattle (United States), Series G | Provider of an AI revenue workflow platform for sales teams | $489M | 74/100 | |
6th |  SugarCRM 2004, Cupertino (United States), Acquired | AI-based open-source CRM software | $152M | 74/100 | |
7th | Platform offering revenue intelligence solutions | $584M | 70/100 | ||
8th | LeadSquared 2011, Bengaluru (India), Series C | Developer of a platform providing sales, marketing, field, and service solutions | $204M | 70/100 | |
9th |  Clari 2013, Sunnyvale (United States), Series F | Provider of revenue operations platform | $510M | 69/100 | |
10th | Pegasystems 1983, Cambridge (United States), Public | Wealth management solution provider | - | 68/100 | |
68th |  BUSINESSNEXT 2001, Noida (India), Series B | Provider of composable platform for CRM, data management, lending, and AI agent solutions | $23M | 53/100 |
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BUSINESSNEXT's Latest cap tables and shareholding
Founders (largest shareholder) own 61.46%, Funds own 30.03%, Other People own 2.52% and ESOP Pool own 5.99%. The net worth of BUSINESSNEXT's founders is INR 810Cr as of Mar 25, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 61.46% | 810Cr | 9735388 | 1275087 | 8608760 | 3658831 |
63 | 73 | 17 | 40 | 67 | 19 | |
Fund | 30.03% | 396Cr | 6260411 | 7753743 | 5270070 | 5471036 |
9617845 | 6994270 | 5868887 | 9758299 | 1563643 | 5723093 | |
17 | 21 | 31 | 58 | 97 | 73 | |
Other People | 2.52% | 33.2Cr | 75 | 93 | 72 | 11 |
ESOP Pool | 5.99% | 78.9Cr | 83419 | 47924 | 29053 | 56761 |
Total | 100.00% | 1,320Cr | 4698166 | 3491679 | 1048252 | 9621761 |
To unlock detailed Cap Table of BUSINESSNEXT Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of BUSINESSNEXT's Shareholding
BUSINESSNEXT's Investments and acquisitions
BUSINESSNEXT has made no investments or acquisitions yet.
Reports related to BUSINESSNEXT
Here is the latest report on BUSINESSNEXT's sector:
News related to BUSINESSNEXT
Filter this listMedia has covered BUSINESSNEXT for a total of 2 events in the last 1 year.
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BUSINESSNEXT Features in Forrester’s Customer Service Report 2025SMEStreet.in•Oct 31, 2025•BUSINESSNEXT
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BusinessNext ranked highest for financial services in 2025 Forrester WaveBusiness Line•Mar 26, 2025•BUSINESSNEXT
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BUSINESSNEXT Elevates GenAI Debugging and NLG Capabilities, Setting New Industry StandardsAsian News International•Mar 05, 2025•BUSINESSNEXT
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BUSINESSNEXT Launches an Advanced Triple-layer AI-powered Retail Banking Customer 360 PlatformAsian News International•Feb 28, 2025•BUSINESSNEXT
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SBI General Insurance Goes Live with BUSINESSNEXT Platform to Enhance Customer Engagement and Operational EfficiencyBusinessnewsthisweek•Dec 20, 2024•SBI General, BUSINESSNEXT
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Businessnext And Mongodb Team Up To Accelerate Autonomous Operations In Financial ServicesGlobeNewswire•Sep 27, 2024•BUSINESSNEXT, MongoDB
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BUSINESSNEXT Wins Comparably 2024 Best Perks & Benefits AwardAsian News International•Sep 25, 2024•BUSINESSNEXT
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