IDS Next - About the company
IDS Next is a funded company based in Bengaluru (India), founded in 1987 by Vissal Mathew, Suresh John and Suresh John. It operates as a Provider of cloud-based enterprise resource planning software for hospitality businesses. The company has 1439 active competitors, including 65 funded and 87 that have exited. Its top competitors include companies like Mews, Guesty and CloudBeds.
Company Details
Provider of cloud-based enterprise resource planning software for hospitality businesses. The software supports operations across multiple departments, automating front and back-office tasks. The platform integrates with various technology partners, offering features designed to support operations across different properties. It provides support services and training programs.
- Website
- idsnext.com
- Email ID
- *****@idsnext.com
- Registered Address
- 2nd Floor, MFAR Green Heart, Phase iV Building, MFAR Manyata Tech Park, Nagawara, Venkateshapura, Bangalore, Bangalore North, Karnataka, India, 560045
Key Metrics
Founded Year
1987
Location
Bengaluru, India
Stage
Funding Raised
Investors
Ranked
38th among 1439 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
303 as on Jul 31, 2025
Investment & Acquisitions
Legal entities associated with IDS Next
IDS Next is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IDS NEXT BUSINESS SOLUTIONS PRIVATE LIMITED CIN: U72200KA1992PTC013696 , India, Active | Nov 16, 1992 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 303 (As on Jul 01, 2025) |
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IDS Next's funding and investors
IDS Next is a funded company. IDS Next has 2 institutional investors.
View details of IDS Next's funding rounds and investors
IDS Next's founders and board of directors
Founder? Claim ProfileThe founders of IDS Next are Vissal Mathew, Suresh John and Suresh John. Binu Mathews and Binu Mathews are the CEOs of IDS Next.
Here are the details of IDS Next's key team members:
- Vissal Mathew: Co-Founder of IDS Next and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Suresh John: Co-Founder of IDS Next and founder of 1 other company. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Suresh John: Co-Founder & Executive Chairman of IDS Next and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address and 1 phone number
- Binu Mathews: CEO of IDS Next. They serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- Binu Mathews: CEO of IDS Next. Contact Info: 1 email address and 1 phone number
IDS Next's Board of Directors
IDS Next's board has 6 active members. Vissal Mathew, Suresh John and Binu Mathews are part of team and Jamshed Pesi Shaw, Anumolu Balamurali Krishna and Stephen Poonnen are independent board members.Here is the list of IDS Next's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 33y 9m | |
Team | - | Current | 33y 9m | |
eyjsuxr | Team | - | Current | 1y 1m |
Independent board member | - | Current | 4y 3m | |
fxqfujz | Independent board member | - | Current | 6y 3m |
w{cveez | Independent board member | - | Current | 8y 5m |
View details of IDS Next's Founder profiles and Board Members
IDS Next's employee count trend
IDS Next has 303 employees as of Jul 25. The total employee count is 55.0% lower than what it was in Jul 24. Here is IDS Next's employee count trend over the years:
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IDS Next's Competitors and alternates
Top competitors of IDS Next include Mews, Guesty and CloudBeds. Here is the list of Top 10 competitors of IDS Next, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mews 2012, Amsterdam (Netherlands), Series D | Cloud-native hospitality management system offering an integrated suite of hospitality businesses | $710M | 77/100 | |
2nd | Cloud-based vacation rental management software | $409M | 77/100 | ||
3rd | CloudBeds 2012, San Diego (United States), Series D | Provider of a platform for hospitality operations, distribution, and marketing | $253M | 71/100 | |
4th | Platform offering independent hotel management software and solutions | $21.6M | 70/100 | ||
5th | StayNTouch 2012, Bethesda (United States), Acquired | SaaS-enabled platform offering property management software | $60.8M | 65/100 | |
6th | Provider of cloud-based platform for hotel property management and operations | $9.97M | 65/100 | ||
7th | Cloud-based property management solution for hospitality industries | $459M | 64/100 | ||
8th | Provider of an all-in-one management platform for independent hospitality businesses | $83.2M | 63/100 | ||
9th | Agilysys 1963, Alpharetta (United States), Public | Provider of a SaaS-based suite of solutions for the hospitality industry | - | 62/100 | |
10th | Provider of a platform for property management and hospitality solutions | $31.2M | 62/100 | ||
38th | Provider of cloud-based enterprise resource planning software for hospitality businesses | - | 44/100 |
Looking for more details on IDS Next's competitors? Click here to see the top ones
IDS Next's Investments and acquisitions
IDS Next has made 1 investment in RezNext and acquired ShawMan Software.Reports related to IDS Next
Here is the latest report on IDS Next's sector:
News related to IDS Next
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IDS Next Completes Acquisition of ShawMan SoftwareHospitality Net•Mar 26, 2025•IDS Next, ShawMan Software
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IDS Introduces "uEye Live" Camera Series for Industrial Streaming, Monitoring, and Event RecordingRoboticstomorrow•Jan 30, 2025•IDS Next
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Ingram Micro India partners with IDS Next to Drive Excellence in the Hospitality SectorBusinessnewsthisweek•Jun 20, 2024•IDS Next, Ingram Micro
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Bolton White Group Hotels partners with IDS Next to elevate service standardsHospitality Net•Dec 07, 2023•Boltonwhitehotel, IDS Next
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