When was NxtGen founded?

NxtGen was founded in 2004 and raised its 1st funding round 4 years after it was founded.

Where is NxtGen located?

NxtGen is headquartered in Bengaluru, India. It is registered at 4 BATTERY ROAD #25-01 BANK OF CHINA BUILDING SINGAPORE 049908.

Which legal entities is NxtGen associated with?

NxtGen is associated with NXTGEN CLOUD TECHNOLOGIES PRIVATE LIMITED and 3 others.

How many employees does NxtGen have?

As of May 31, 2026, the latest employee count at NxtGen is 577.

Is NxtGen a funded company?

NxtGen is a funded company, having raised a total of $37.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Oct 30, 2008.

When was the latest funding round of NxtGen?

NxtGen's latest funding was a $***** Series B round on Jul 01, 2015, with participation from 3 investors. Its primary sector is Cloud Infrastructure. In India, the Cloud Infrastructure sector has seen $600M in funding in 2026 to date.

What is the annual revenue of NxtGen?

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

Where does NxtGen rank among its competitors?

NxtGen ranks 16th amongst 169 active competitors, of which 22 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was FluidStack, which secured $730M in Jun, 2026.

Who are the top competitors of NxtGen?

NxtGen's top competitors include Oracle, Dell and IBM. Among them, FluidStack secured the most recent funding round in June, 2026.

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

Company Details

Provider of data centers and cloud solutions. It offers specialized cloud platforms for industries such as Financial Services, Healthcare, and Government, focusing on enhanced productivity, security, and data management. The company prioritizes data security and sovereignty, delivering tailored solutions to meet customer needs.

Website: nxtgen.com
Social
Email ID: *****@nxtgen.com
Phone Number: +91 **********
Registered Address: 4 BATTERY ROAD #25-01 BANK OF CHINA BUILDING SINGAPORE 049908

Key Metrics

Founded Year

2004

Location

Bengaluru, India

Stage

Series B

Total Funding

$37.7M in 3 rounds

Latest Funding Round

Series B, Jul 01, 2015, $*****

Investors

Intel Capital & 6 more

Ranked

16^th among 169 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

577 as on May 31, 2026

Similar Companies

Oracle & 174 more

View NxtGen's full profile

NxtGen is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NXTGEN DATACENTER AND CLOUD SERVICES LIMITED CIN: U72200KA2012PLC063726 , India, Active	Apr 26, 2012	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Jun 30, 2024)
NXTGEN AI PRIVATE LIMITED CIN: U72900KA2022PTC166431 , India, Active	Sep 23, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-
NXTGEN CLOUD TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2012PTC063135 , India, Active	Mar 21, 2012	₹100 - ₹500 Cr (As on Mar 31, 2025)	428 (As on May 01, 2026)
NXTGEN TECHNOLOGY PTE. LTD. CIN: 201316741N , Singapore, Active	Dec 31, 2011	$10M - $50M (As on Mar 31, 2023)	4 (As on Jan 31, 2022)

NxtGen has raised a total funding of $37.7M over 3 rounds. Its first funding round was on Oct 30, 2008. Its latest funding round was a Series B round on Jul 01, 2015 for $*****. 3 investors participated in its latest round. NxtGen has 7 institutional investors.

Here is the list of recent funding rounds of NxtGen:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2015	2389859	Series B	1706709	8741513	5685359	4958821
Aug 13, 2013	5730342	Series B	5617430	2272473	3922576	5294764
Oct 30, 2008	6368160	Series B	5806686	3215514	Altira Group	ITOCHU

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View details of NxtGen's funding rounds and investors

The founders of NxtGen are Satyamoorthy D and K Bhaskar Varma. Rajgopal Srinivas Anasapurapu is the CEO of NxtGen.

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

Satyamoorthy D: Former Co-Founder of NxtGen and founder of 1 other company.
K Bhaskar Varma: Co-Founder & CBO of NxtGen.

NxtGen's Board of Directors

NxtGen's board has 4 active members. Srinivas Rajgopal Anasapurapu is part of team and Ritesh Khandelwal, Sadashivappa Rudra Prasad and Viral Bakulesh Thakkar are independent board members.

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

Name	Type	Representing	Status	Duration
wyyscae	Team	-	Current	4y 2m
Ritesh Khandelwal	Independent board member	-	Current	14y 3m
qynkavg	Independent board member	-	Current	6y 8m
mhsmwot	Independent board member	-	Current	3y 5m

View details of NxtGen's Founder profiles and Board Members

NxtGen's employee count trend

NxtGen has 577 employees as of May 26. Here is NxtGen's employee count trend over the years:

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Top competitors of NxtGen include Oracle, Dell and IBM. Here is the list of Top 10 competitors of NxtGen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	EGI Booster, rifvc.com & 32 others	83/100
2nd	Dell 1984, Round Rock (United States), Public	Provider of enterprise servers and cloud solutions	-	CampVentures, RBC Capital Markets & 11 others	81/100
3rd	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	80/100
4th	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Andreessen Horowitz & 46 others	80/100
5th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	78/100
6th	Nutanix 2009, San Jose (United States), Public	AI powered cloud management software for enterprises	$317M	Sapphire Ventures, Riverwood Capital & 31 others	75/100
7th	Alibaba Cloud 2009, Hangzhou (China), Unfunded	Hybrid cloud and business intelligence platform for enterprises	-	-	70/100
8th	FluidStack 2017, New York City (United States), Series B	Provider of managed high performance computing clusters for artificial intelligence	$1.78B	Mercuri, Episode 1 Ventures & 8 others	69/100
9th	Hitachi Vantara 1989, Santa Clara (United States), Series A	Provider of data infrastructure, hybrid cloud, and data resilience solutions	$6.56M	-	69/100
10th	E2E Networks 2009, Delhi (India), Public	Provider of cloud infrastructure for artificial intelligence and machine learning	$487K	Blume Venture, Larsen Toubro & 7 others	66/100
16th	NxtGen 2004, Bengaluru (India), Series B	Provider of data centers and cloud solutions	$37.7M	Intel, Intel Capital & 5 others	61/100