When was SnapWork founded?

SnapWork was founded in 2009 and raised its 1st funding round 13 years after it was founded.

Where is SnapWork located?

SnapWork is headquartered in Mumbai, India. It is registered at TECHNOCITY, 7TH FLOOR, 4/1,4/2 NEXT TO IBP PETROL PUMP,TTC, MIDC, MAHAPE, NAVI MUMBAI, Maharashtra, India, 400701.

Which legal entities is SnapWork associated with?

SnapWork is associated with SNAPWORK TECHNOLOGIES PRIVATE LIMITED.

How many employees does SnapWork have?

As of Aug 31, 2025, SnapWork has 350 employees, reflecting a 30% year-over-year growth in headcount.

Is SnapWork a funded company?

SnapWork is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 26, 2022.

How much is SnapWork worth?

The latest valuation of SnapWork is ₹***** as of Nov 28, 2022. This reflects a valuation growth of over 0% from ₹232Cr in 2022. This reflects a valuation growth of over 0% from ₹232Cr in 2022.

When was the latest funding round of SnapWork?

SnapWork's latest funding was a $***** Seed round on Nov 26, 2022, with participation from 1 investor. Its primary sector is IT Services. In India, the IT Services sector has seen $18.5M in funding in 2026 to date.

What is the annual revenue of SnapWork?

Annual revenue of SnapWork is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does SnapWork rank among its competitors?

SnapWork ranks 1463rd amongst 134009 active competitors, of which 1051 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of SnapWork?

SnapWork's top competitors include IBM, UST and Hewlett Packard Enterprise. Among them, Accenture secured the most recent funding round in March, 2024.

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

Company Details

Provider of IT suite services. It offers a wide range of services like mobile application, agile & cloud native development, UI/UX design, cloud, DevOps, and digital transformation to leading financial and insurance enterprises. It focuses on user-centric research, refined interface design, process efficiency, and advanced development to support its clients’ strategic goals.

Website: snapwork.com
Social
Email ID: *****@snapwork.com
Phone Number: +91 **********
Registered Address: TECHNOCITY, 7TH FLOOR, 4/1,4/2 NEXT TO IBP PETROL PUMP,TTC, MIDC, MAHAPE, NAVI MUMBAI, Maharashtra, India, 400701

Key Metrics

Founded Year

2009

Location

Mumbai, India

Stage

Seed

Total Funding

$7.85M in 1 round

Latest Funding Round

Seed, Nov 26, 2022, $*****

Post Money Valuation

₹***** as on Nov 28, 2022

Investors

Bajaj Finserv & 2 more

Ranked

1463^rd among 134009 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

350 as on Aug 31, 2025

Similar Companies

IBM & 157870 more

View SnapWork's full profile

SnapWork is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SNAPWORK TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2008PTC187036 , India, Active	Sep 24, 2008	$1M - $10M (As on Mar 31, 2025)	350 (As on Aug 31, 2025)

SnapWork has raised a total funding of $7.85M over 1 round. Its latest funding round was a Seed round on Nov 26, 2022 for $*****. 1 investor participated in its latest round. SnapWork has 1 institutional investor and 2 angel investors.

Here is the list of recent funding rounds of SnapWork:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 26, 2022	3586639	Seed	7746197	9733349	7343559	4537357

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View details of SnapWork's funding rounds and investors

The founders of SnapWork are Deepak Nihalani and Salil Chandrashekar.

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

Deepak Nihalani: Co-Founder & Director of SnapWork. They serve on the board of 1 company.
Contact Info: 1 email address
Salil Chandrashekar: Co-Founder & Director of SnapWork. They serve on the board of 1 company.
Contact Info: 1 email address

SnapWork's Board of Directors

SnapWork's board has 5 active members. Rakesh Induprasad Bhatt, Deepak Nihalani, Salil Chandrashekar and Anurag Krishan Chottani are part of team and Vedika Nihalani is independent board member.

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

Name	Type	Representing	Status	Duration
Deepak Nihalani	Team	-	Current	17y 7m
Salil Chandrashekar	Team	-	Current	3y 4m
Rakesh Induprasad Bhatt	Investor	-	Current	3y 5m
Anurag Krishan Chottani	Investor	-	Current	3y 5m
Vedika Nihalani	Independent board member	-	Current	17y 5m

View details of SnapWork's Founder profiles and Board Members

SnapWork's employee count trend

SnapWork has 350 employees as of Aug 25. The total employee count is 29.0% more than what it was in Aug 24. Here is SnapWork's employee count trend over the years:

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Top competitors of SnapWork include IBM, UST and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of SnapWork, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 16 others	80/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
3rd	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	79/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
6th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
7th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
8th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	74/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
10th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
1463rd	SnapWork 2009, Mumbai (India), Seed	Provider of IT suite services	$7.85M	Bajaj Finserv & 2 others	40/100

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Founders (largest shareholder) own 37.95%, Enterprises own 27.71%, Other People own 30.72% and ESOP Pool own 3.61%. The net worth of SnapWork's founders is INR 88Cr as of Nov 28, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	37.95%	88Cr	6501183	1847155	5118855	4750178
Deepak Nihalani	3285495	8789210	8052927	2462881	7602068	2437898
Salil Chandrashekar	4017325	9115647	2620907	8170923	5738193	7445359
Enterprise	27.71%	64.2Cr	5849588	8075375	8768901	9892287
Other People	30.72%	71.2Cr	1502308	8603718	2770210	9501113
ESOP Pool	3.61%	8.38Cr	515	290	568	948
Total	99.99%	232Cr	7923449	4112850	1303123	1998928