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NxtWave - About the company

NxtWave is a series A company based in Hyderabad (India), founded in 2020. 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 Better Capital, with a current valuation of $*****. The company has 4508 active competitors, including 99 funded and 102 that have exited. Its top competitors include companies like Pluralsight, Newton School and Udacity.

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
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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
₹100 - ₹500 Cr as on Mar 31, 2026
Employee Count
2,224 as on May 31, 2025
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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 Dec 01, 2021. Its latest funding round was a Series A round on Feb 21, 2023 for $*****. 2 investors participated in its latest round. NxtWave has 12 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
7609255
Series A
2769226
9372867
3777783
3853043
Dec 01, 2021
3772750
Seed
5681934
8990675
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NxtWave's founders and board of directors

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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
ggznsym
Team
-
Past
5y 9m
u{tblae
Team
-
Past
3y 6m
yllpvan
Team
-
Past
3y 5m
Independent board member
-
Current
3y 7m
sphwzij
Independent board member
-
Past
9y 1m

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 Pluralsight, Newton School and Udacity. 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 Pluralsight
Pluralsight
2004, Farmington (United States), Acquired
Provider of online courses, learning paths, and skill development resources
$235M
78/100
2nd
Logo for Newton School
Newton School
Bengaluru (India), Series B
Provider of online software development and data science training programs
$33.9M
72/100
3rd
Logo for Udacity
Udacity
2011, Mountain View (United States), Acquired
Provider of professional development courses platform
$238M
72/100
4th
Logo for New Horizons
New Horizons
1982, Conshohocken (United States), Acquired
IT and technology training solutions for team optimization and career development
$6M
71/100
5th
Logo for Codecademy
Codecademy
2011, New York City (United States), Acquired
Provider of online platform offering coding and technical skill development
$87.5M
69/100
6th
Logo for Treehouse
Treehouse
2011, Orlando (United States), Acquired
Online tech education platform offering courses and career-focused Techdegrees
$12.4M
66/100
7th
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
8th
Logo for A Cloud Guru
A Cloud Guru
2015, Austin (United States), Acquired
Online platform providing cloud computing related learning solution
$40M
65/100
9th
Logo for INE
INE
2003, Durham (United States), Acquired
Technical training for the IT Industry
-
65/100
10th
Logo for NxtWave
NxtWave
2020, Hyderabad (India), Series A
Provider of intensive software development training programs
$35.8M
64/100
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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
Fund
24.37%
465Cr
3585239
9414870
6208604
8838116
7600783
1351574
3875415
6577073
6591468
7712759
9692499
2522388
9466643
6587660
5590867
7356015
2
4
7
1
6
6
Angel
1.02%
19.6Cr
4
5
3
7
Other People
64.73%
1,240Cr
1477790
6605599
8649784
9017507
ESOP Pool
9.83%
188Cr
9341562
5756633
3885893
7914462
Total
100.00%
1,910Cr
5564982
6486515
8602779
6959840
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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.

Reports related to NxtWave

Here is the latest report on NxtWave's sector:

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 2024Businessnewsthisweek•Dec 11, 2024•NxtWave
•
•
NxtWave Awarded the Startup Spotlight Award by T-HubBusinessnewsthisweek•Nov 30, 2023•NxtWave
•
1000+ companies hired students from NxtWave, an EdTech StartupAsian News International•Nov 22, 2022•NxtWave
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