Nhance - About the company
Nhance is an acquired company based in Gurugram (India), founded in 2015 by Mohan Lakhamraju and Indranil Sarkar. It operates as a Mobile app for professionals to assess and enhance their professional competencies. Nhance has raised $300K in funding. The company has 4747 active competitors, including 309 funded and 324 that have exited. Its top competitors include companies like Workday, Cornerstone and Kronos.
Company Details
Nhance is a mobile application that provides a platform for professionals to assess and enhance their professional competencies in a fun and engaging manner. Nhance provides a series of game-based assessments to test the user’s knowledge and understanding of core business skills, industry knowledge, and general business awareness. Adopts a ‘fun’ approach to learning by utilizing principles of gamification, behavioral science techniques and social incentives to attract and engage users. Raised a seed round of funding of $300k from education entrepreneur and investor, Mohan Lakhamraju in early 2016.
- Website
- nhanceapp.com
- Social
- Registered Address
- 203, 2nd Floor, Anchal Plaza, Nelson Mandela Road, South Delhi, Vasant Kunj, Delhi, India, 110070
Key Metrics
Founded Year
2015
Location
Gurugram, India
Stage
Acquired
Total Funding
$300K in 1 round
Latest Funding Round
Investors
Ranked
2095th among 4747 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Similar Companies
Exit Details
Acquired
Legal entities associated with Nhance
Nhance is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NHANCE TECHPRO SERVICES PRIVATE LIMITED CIN: U72200DL2015PTC284339 , India, Active | Aug 20, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
Nhance's acquisition details
Nhance got acquired on Jan 01, 2018.
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Nhance's funding and investors
Nhance has raised a total funding of $300K over 1 round. Nhance has 1 institutional investor.
Here is the list of recent funding rounds of Nhance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2016 | 8937 | Seed | 1692 | 5728 | 9456 | 2147 |
Access funding benchmarks and valuations. Sign up today!View details of Nhance's funding rounds and investors
Nhance's founders and board of directors
Founder? Claim ProfileThe founders of Nhance are Mohan Lakhamraju and Indranil Sarkar.
Here are the details of Nhance's key team members:
- Mohan Lakhamraju: Co-Founder of Nhance and founder of 3 other companies, Instaguide, Great Learning and Great Learning. They are also an angel investor in 6 startups and serve on the boards of 3 companies.Contact Info: 1 email address
- Indranil Sarkar: Co-Founder & CEO of Nhance. They are also an angel investor in 2 startups.
View details of Nhance's Founder profiles and Board Members
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Nhance's Competitors and alternates
Top competitors of Nhance include Workday, Cornerstone and Kronos. Here is the list of Top 10 competitors of Nhance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd |  Cornerstone 1999, Santa Monica (United States), Acquired | Provider of a platform for talent experience and workforce agility | $64.4M | 85/100 | |
3rd |  Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 81/100 | |
4th | Cloud-based LMS platform for multi-industry | $430M | 80/100 | ||
5th |  Deel 2019, San Francisco (United States), Series E | Provider of human resources and international payroll compliance software tools | $986M | 79/100 | |
6th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
7th | Provider of business management software for human resources and finance | $369M | 78/100 | ||
8th |  PeopleStrong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 78/100 | |
9th | Remote 2019, Amsterdam (Netherlands), Series C | Provider of employment infrastructure for payroll compliance and contractor management | $506M | 77/100 | |
10th | Developer of human capital management software providing HR and talent solutions | $30M | 77/100 | ||
2095th | Mobile app for professionals to assess and enhance their professional competencies | $300K | 23/100 |
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Nhance's Investments and acquisitions
Nhance has made no investments or acquisitions yet.
Reports related to Nhance
Here is the latest report on Nhance's sector:
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