When was Nibav Home Lifts founded?

Nibav Home Lifts was founded in 2019.

Where is Nibav Home Lifts located?

Nibav Home Lifts is headquartered in Chennai, India. It is registered at KR Building Mezzanine floor, Old No.11, New No.23, L.B. Road, Chennai, ADYAR, Tamil Nadu, India, 600020.

Who is the current CEO of Nibav Home Lifts?

Vimal Babu R of Nibav Home Lifts. They have also founded 1 company.

Which legal entities is Nibav Home Lifts associated with?

Nibav Home Lifts is associated with NIBAV LIFTS PRIVATE LIMITED.

How many employees does Nibav Home Lifts have?

As of Aug 31, 2025, Nibav Home Lifts has 679 employees, reflecting a 34% year-over-year decline in headcount.

Is Nibav Home Lifts a funded company?

Nibav Home Lifts is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Nibav Home Lifts?

Annual revenue of Nibav Home Lifts is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Nibav Home Lifts rank among its competitors?

Nibav Home Lifts ranks 15th amongst 626 active competitors, of which 2 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was MAS Industries, which secured $809K in Nov, 2024.

Who are the top competitors of Nibav Home Lifts?

Nibav Home Lifts' top competitors include Otis, Schindler and TK Elevator. Among them, MAS Industries secured the most recent funding round in November, 2024.

Nibav Home Lifts - 2026 Company Profile, Team, Competitors & Financials

Nibav Home Lifts is an unfunded company based in Chennai (India), founded in 2019 by Vimal Babu R. It operates as a Provider of vacuum home lifts and residential home elevators. Nibav Home Lifts has not raised any funding yet. The company has 626 active competitors, including 2 funded and 64 that have exited. Its top competitors include companies like Otis, Schindler and TK Elevator.

Company Details

Provider of vacuum home lifts and residential home elevators. It is a manufacturer and designer of vacuum lifts for luxury apartments and residential homes.

Website: www.nibavlifts.com/
Social
Email ID: *****@nibavlifts.com
Phone Number: +91 **********
Registered Address: KR Building Mezzanine floor, Old No.11, New No.23, L.B. Road, Chennai, ADYAR, Tamil Nadu, India, 600020

Key Metrics

Founded Year

2019

Location

Chennai, India

Stage

Unfunded

Ranked

15^th among 626 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

679 as on Aug 31, 2025

Similar Companies

Otis & 645 more

View Nibav Home Lifts' full profile

Nibav Home Lifts is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NIBAV LIFTS PRIVATE LIMITED CIN: U31100TN2019PTC132681 , India, Active	Nov 19, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	584 (As on Mar 01, 2026)

Nibav Home Lifts has not raised any funding rounds yet.

The founders of Nibav Home Lifts is Vimal Babu R. Vimal Babu R is the CEO of Nibav Home Lifts.

Here are the details of Nibav Home Lifts' key team members:

Vimal Babu R: Founder & CEO of Nibav Home Lifts.
Contact Info: 1 email address

View details of Nibav Home Lifts's Founder profiles and Board Members

Nibav Home Lifts' employee count trend

Nibav Home Lifts has 679 employees as of Aug 25. The total employee count is 34.0% lower than what it was in Aug 24. Here is Nibav Home Lifts's employee count trend over the years:

Employee count trend for Nibav Home Lifts

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Top competitors of Nibav Home Lifts include Otis, Schindler and TK Elevator. Here is the list of Top 10 competitors of Nibav Home Lifts, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Otis 1853, Farmington (United States), Public	Manufacturer of elevators, escalators, and moving walkways for various industries	-	Analah Ventures, Everywhere & 2 others	67/100
2nd	Schindler 1874, Ebikon (Switzerland), Public	Provider of elevator maintenance and repair services	-	Europa, Ministerstvo Hospodárstva Slovenskej Republiky ... Read more	65/100
3rd	TK Elevator 2002, Delhi (India), Acquired	Manufacturer of elevators, escalators, moving walks, boarding bridges, and home lifts	-	Omnes Capital, Europa	58/100
4th	KONE 1910, Espoo (Finland), Public	Engineering and service company that provides elevators for smart buildings	-	Europa	57/100
5th	Johnson Lifts 1963, Chennai (India), Unfunded	Manufacturer of lifts and escalators	-	-	54/100
6th	Savaria 1979, Laval (Canada), Public	Manufacturer & supplier of lifts and elevators	-	TD Securities, Cormark Securities & 4 others	50/100
7th	MAS Industries 2003, Mumbai (India), Seed	Manufacturer of elevator components and lift solutions	$3.96M	-	46/100
8th	American Elevator Group 2020, New York City (United States), Acquired	Provider of elevator management services	-	-	46/100
9th	ATIS Elevator Inspections 2013, Saint Louis (United States), Late Stage	Provider of premier elevator inspection services	-	Thompson Street Capital Partners, Greenleaf Capital Partners ... & 1 others	45/100
10th	Fujitec 1948, Mumbai (India), Unfunded	Manufacturing company specializing in autowalks and elevator modernization	-	-	44/100
15th	Nibav Home Lifts 2019, Chennai (India), Unfunded	Provider of vacuum home lifts and residential home elevators	-	-	38/100