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NxtWave - About the company

NxtWave is a series A company based in Hyderabad (India), founded in 2020 by Rahul Attuluri and Sashank Gujjula. It operates as a Provider of intensive software development training programs. NxtWave has raised $35.8M in funding from investors like Orios Venture Partners, Greater Pacific Capital and Greater Pacific, with a current valuation of *****. The company has 1918 active competitors, including 57 funded and 45 that have exited. Its top competitors include companies like upGrad, Pluralsight and Codecademy.

Company Details

Provider of intensive software development training programs. These programs are designed to equip students with the skills needed for software development roles. The curriculum includes instruction in data structures and algorithms, and practical experience through the development of real-world projects. Mentorship and career coaching are also provided to assist students in securing employment. Instruction is delivered by trainers with experience at top technology companies and IITs.
Social
XFacebook
Email ID
*****@nxtwave.tech
Phone Number
+91 **********
Registered Address
Flat #301, 3rd Floor, North Wing,Prabhu Kutir Bld 15 Altamount Road, Mumbai City, Mumbai, Maharashtra, India, 400026
Key Metrics
Founded Year
2020
Location
Hyderabad, India
Stage
Series A
Total Funding
$35.8M in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on Mar 30, 2023
Ranked
Annual Revenue
₹202Cr as on Mar 31, 2025
Employee Count
2,224 as on May 31, 2025
Similar Companies
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NxtWave's funding and investors

NxtWave has raised a total funding of $35.8M over 2 rounds. Its first funding round was on Nov 02, 2021. Its latest funding round was a Series A round on Feb 21, 2023 for $*****. 3 investors participated in its latest round. NxtWave has 13 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of NxtWave:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 21, 2023
3759551
Series A
9869411
3872837
4073966
1802935
Nov 02, 2021
9709690
Seed
6777530
6234174
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NxtWave's founders and board of directors

Founder? Claim Profile
The founders of NxtWave are Rahul Attuluri and Sashank Gujjula. Rahul Attuluri is the CEO of NxtWave.
Here are the details of NxtWave's key team members:

NxtWave's Board of Directors

NxtWave's board has 4 active members. Rahul Attuluri, Sashank Gujjula and Anupam Pedarla are part of team and Nandan Nitin Desai is independent board member.
Here is the list of NxtWave's board of directors:
Name
Type
Representing
Status
Duration
b{{nxdy
Team
-
Past
3y 2m
fcx{vvb
Team
-
Past
8y 9m
icu{zkn
Team
-
Past
8y 2m
Independent board member
-
Current
3y 1m
nnoaihm
Independent board member
-
Past
8y 2m

NxtWave's employee count trend

NxtWave has 2,224 employees as of May 25. The total employee count is 50.0% more than what it was in May 24. Here is NxtWave's employee count trend over the years:
Employee count trend for NxtWave
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NxtWave's Competitors and alternates

Top competitors of NxtWave include upGrad, Pluralsight and Codecademy. Here is the list of Top 10 competitors of NxtWave, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for upGrad
upGrad
2015, Mumbai (India), Series C
Provider of upskilling courses in artificial intelligence, data science, and management
$329M
79/100
2nd
Logo for Pluralsight
Pluralsight
2004, Farmington (United States), Acquired
Provider of online courses, learning paths, and skill development resources
$235M
79/100
3rd
Logo for Codecademy
Codecademy
2011, New York City (United States), Acquired
Provider of online platform offering coding and technical skill development
$87.5M
72/100
4th
Logo for NxtWave
NxtWave
2020, Hyderabad (India), Series A
Provider of intensive software development training programs
$35.8M
69/100
5th
Logo for HackerRank
HackerRank
2009, Mountain View (United States), Series D
Provider of a platform for technical skill development and assessment
$115M
69/100
6th
Logo for Springboard
Springboard
2013, San Francisco (United States), Series B
Online courses and online workshops along with one-on-one mentorship from industry experts
$69.3M
66/100
7th
Logo for New Horizons
New Horizons
1982, Conshohocken (United States), Acquired
IT and technology training solutions for team optimization and career development
$6M
66/100
8th
Logo for Udacity
Udacity
2011, Mountain View (United States), Acquired
Provider of professional development courses platform
$238M
65/100
9th
Logo for Cybrary
Cybrary
2015, Greenbelt (United States), Series C
Cybersecurity training platform empowering professionals and teams to reduce business risk
$52.2M
65/100
10th
Logo for INE
INE
2003, Durham (United States), Funding Raised
Technical training for the IT Industry
-
61/100
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NxtWave's Latest cap tables and shareholding

Founders own 0.05%, Funds own 24.37%, Angels own 1.02% and Other People (largest shareholder) own 64.73%. The net worth of NxtWave's founders is INR 91.6L as of Mar 30, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
0.05%
91.6L
0
0
0
0
0
0
0
0
0
0
Fund
24.37%
465Cr
7166243
2929446
3264855
9036490
3893449
7592763
5302629
5212311
1388424
5887820
3808027
4773482
6416002
7975430
7967390
3208934
1
1
1
3
5
6
Angel
1.02%
19.6Cr
4
3
8
3
Other People
64.73%
1,240Cr
7859544
1400679
2477377
9491991
ESOP Pool
9.83%
188Cr
6529919
8517978
5460396
7071812
Total
100.00%
1,910Cr
8932889
3169424
5439949
6460403
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of NxtWave's Shareholding

NxtWave's Investments and acquisitions

NxtWave has made no investments or acquisitions yet.

News related to NxtWave

Media has covered NxtWave for 1 event in last 1 year, It was about company updates.
NxtWave Joins Deloitte Tech Fast 50 India 2024Business News This WeekDec 11, 2024NxtWave
NxtWave Awarded the Startup Spotlight Award by T-HubBusiness News This WeekNov 30, 2023NxtWave
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