When was Nector founded?

Nector was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Nector located?

Nector is headquartered in Mumbai, India. It is registered at Floor - 2, Plot - 264/265,Vaswani Chambers, Dr Annie Besant Road, Worli Colony, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030.

Who is the current CEO of Nector?

Ayush Shukla of Nector. They have also founded 1 company.

Which legal entities is Nector associated with?

Nector is associated with SEVEN BILLION TECHNOLOGIES PRIVATE LIMITED.

How many employees does Nector have?

As of Aug 31, 2026, the latest employee count at Nector is 131.

Is Nector a funded company?

Nector is a funded company, having raised a total of $482K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 05, 2022.

How much is Nector worth?

The latest valuation of Nector is ₹***** as of Aug 18, 2022.

When was the latest funding round of Nector?

Nector's latest funding was a $***** Seed round on Aug 18, 2022, with participation from 13 investors. Its primary sector is E-Commerce Enablers. In India, the E-Commerce Enablers sector has seen $77.9M in funding in 2026 to date.

What is the annual revenue of Nector?

Annual revenue of Nector is less than ₹10 Cr as on Mar 31, 2025

Where does Nector rank among its competitors?

Nector ranks 39th amongst 1386 active competitors, of which 225 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Nitro Commerce, which secured $5.1M in Aug, 2025.

Who are the top competitors of Nector?

Nector's top competitors include Klaviyo, Yotpo and Rokt Technologies. Among them, Nitro Commerce secured the most recent funding round in August, 2025.

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

Nector is a seed company based in Mumbai (India), founded in 2021 by Ayush Shukla and Omar Qureshi. It operates as a SaaS based loyalty management software solutions for customer engagement. Nector has raised $482K in funding from LetsVenture and Angel List, with a current valuation of ₹*****. The company has 1386 active competitors, including 225 funded and 155 that have exited. Its top competitors include companies like Klaviyo, Yotpo and Rokt Technologies.

Company Details

SaaS based loyalty management software solutions for customer engagement. It helps businesses to enhance customer retention and conversion rates on the website. conversion rates on the websites. It offers customizable loyalty programs, referral systems, and review integrations. The software feature includes rewards management, loyalty management, tracks of reward users on purchases, sign ups, referrals, social media follows, reviews, analytics and reports on customer behavior, cross selling of products, APIs, and web SDK for mobile integration, and more.

Website: www.nector.io/
Social
Email ID: *****@nector.io
Phone Number: +91 **********
Registered Address: Floor - 2, Plot - 264/265,Vaswani Chambers, Dr Annie Besant Road, Worli Colony, Worli Colony, Mumbai, Mumbai, Maharashtra, India, 400030

Key Metrics

Founded Year

2021

Location

Mumbai, India

Stage

Seed

Total Funding

$482K in 2 rounds

Latest Funding Round

Seed, Aug 18, 2022, $*****

Post Money Valuation

₹***** as on Aug 18, 2022

Investors

LetsVenture & 19 more

Ranked

39^th among 1386 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

131 as on Aug 31, 2026

Similar Companies

Klaviyo & 1668 more

View Nector's full profile

Nector is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SEVEN BILLION TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2021PTC368560 , India, Active	Sep 30, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	-

Nector has raised a total funding of $482K over 2 rounds. Its first funding round was on May 05, 2022. Its latest funding round was a Seed round on Aug 18, 2022 for $*****. 13 investors participated in its latest round. Nector has 7 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Nector:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 18, 2022	1582123	Seed	8971602	7581894	3300291	4770032
May 05, 2022	1432738	Seed	3506238	2204438	3115146	PointOne Capital

Access funding benchmarks and valuations. Sign up today!

View details of Nector's funding rounds and investors

The founders of Nector are Ayush Shukla and Omar Qureshi. Ayush Shukla is the CEO of Nector.

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

Ayush Shukla: Co-Founder & CEO of Nector. They serve on the board of 1 company.
Contact Info: 1 email address
Omar Qureshi: Co-Founder of Nector and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

Nector's Board of Directors

Nector's board has 2 active members. Ayush Shukla and Omar Qureshi are part of team.

Here is the list of Nector's board of directors:

Name	Type	Representing	Status	Duration
Ayush Shukla	Team	-	Current	4y 11m
Omar Qureshi	Team	-	Current	4y 11m

View details of Nector's Founder profiles and Board Members

Nector's employee count trend

Nector has 131 employees as of Aug 26. Here is Nector's employee count trend over the years:

Uncover Nector's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nector include Klaviyo, Yotpo and Rokt Technologies. Here is the list of Top 10 competitors of Nector, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Klaviyo 2012, Boston (United States), Public	SaaS-based e-mail marketing software solutions for e-commerce businesses	$778M	Astral Capital, Summit Partners & 24 others	82/100
2nd	Yotpo 2011, New York City (United States), Series F	Cloud-based marketing platform for e-tailers	$436M	Bessemer Venture Partners, Access Industries ... & 33 others	75/100
3rd	Rokt Technologies 2012, United States, Series E	Personalized marketing tools for e-commerce businesses	$488M	TDM Growth Partners, Moelis & Company & 21 others	73/100
4th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
5th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	SoftBank Vision Fund, Shasta Ventures & 6 others	71/100
6th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 30 others	70/100
7th	Magnetic 2008, New York City (United States), Acquired	Search retargeting platform	$47.8M	Edison Partners, CRV & 14 others	69/100
8th	Bango 1999, Cambridge (United Kingdom), Public	Provider of marketing solutions for e-commerce businesses	-	Origin Capital, ET Capital & 5 others	68/100
9th	Nitro Commerce 2023, Gurugram (India), Series A	Developer of software tools for managing online commerce business operations	$6.95M	Cornerstone Ventures, Catalyst Trusteeship ... & 36 others	68/100
10th	Emotive 2018, Los Angeles (United States), Acquired	SMS marketing solution provider	$73.9M	CRV, Across Capital & 5 others	68/100
39th	Nector 2021, Mumbai (India), Seed	SaaS based loyalty management software solutions for customer engagement	$482K	LetsVenture, TDV Partners & 18 others	52/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Nector's competitors? Click here to see the top ones

Founders (largest shareholder) own 70.78%, Funds own 12.26%, Angels own 8.93% and ESOP Pool own 8.02%. The net worth of Nector's founders is INR 14.2Cr as of Aug 18, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	70.78%	14.2Cr	4083742	6023948	9319420	2202414
Ayush Shukla	4353942	9864186	9876883	9230480	2983130	7735455
Omar Qureshi	4528027	4270822	3811326	2398565	6338805	4654409
Fund	12.26%	2.45Cr	4059535	6053068	1138952	5188980
Angel List	53814	81165	42167	59375	39840	32023
PointOne Capital	7773	3556	8603	6103	1624	3806
LetsVenture	8	4	6	5	6	1
Angel	8.93%	1.79Cr	5266189	3528032	4813021	8838309
ESOP Pool	8.02%	1.6Cr	6357912	3745375	4160746	5910878
Total	99.99%	20Cr	4926344	4096708	8320789	4962891