When was Tenovia founded?

Tenovia was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Where is Tenovia located?

Tenovia is headquartered in Bengaluru, India. It is registered at UNIT NO.715A, 7TH FLOOR, SUITE #182, SPENCER PLAZA, MOUNT ROAD, ANNA SALAI, Chennai, CHENNAI, Tamil Nadu, India, 600002.

Who is the current CEO of Tenovia?

Murali Balan of Tenovia. They have also founded 1 company.

Which legal entities is Tenovia associated with?

Tenovia is associated with TENOVIA SOLUTIONS PRIVATE LIMITED.

How many employees does Tenovia have?

As of Jan 31, 2025, Tenovia has 38 employees, reflecting a 6% year-over-year growth in headcount.

Is Tenovia a funded company?

Tenovia is a funded company, having raised a total of $121K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 17, 2017.

How much is Tenovia worth?

The latest valuation of Tenovia is $***** as of Mar 30, 2021. This marks a decline of 79% from its peak valuation of $1.87M in Aug, 2017. This marks a decline of 79% from its peak valuation of $1.87M in Aug, 2017.

When was the latest funding round of Tenovia?

Tenovia's latest funding was a $***** Angel round on Mar 30, 2021, with participation from 1 investor.

What is the annual revenue of Tenovia?

Annual revenue of Tenovia is less than ₹10 Cr as on Mar 31, 2025

Where does Tenovia rank among its competitors?

Tenovia ranks 3rd amongst 158 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Tenovia, which secured an undisclosed amount in Mar, 2021.

Who are the top competitors of Tenovia?

Tenovia's top competitors include Primarc Pecan, Love In Store and Skreem Technologies. Among them, Tenovia secured the most recent funding round in March, 2021.

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

Company Details

Website: tenovia.com
Social
Email ID: *****@tenovia.com
Phone Number: +91 **********
Registered Address: UNIT NO.715A, 7TH FLOOR, SUITE #182, SPENCER PLAZA, MOUNT ROAD, ANNA SALAI, Chennai, CHENNAI, Tamil Nadu, India, 600002

Key Metrics

Founded Year

2006

Location

Bengaluru, India

Stage

Seed

Total Funding

$121K in 3 rounds

Latest Funding Round

Angel, Mar 30, 2021, $*****

Post Money Valuation

$***** as on Mar 30, 2021

Investors

Sumangalee Chandrasekharan & 4 more

Ranked

3^rd among 158 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

38 as on Jan 31, 2025

Similar Companies

Uzum & 1494 more

View Tenovia's full profile

Tenovia is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TENOVIA SOLUTIONS PRIVATE LIMITED CIN: U72200TN2006PTC058898 , India, Active	Feb 17, 2006	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Jul 31, 2025)

Tenovia has raised a total funding of $121K over 3 rounds. Its first funding round was on Aug 17, 2017. Its latest funding round was a Angel round on Mar 30, 2021 for $*****. 1 investor participated in its latest round. Tenovia has 1 institutional investor and 4 angel investors.

Here is the list of recent funding rounds of Tenovia:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2021	4333564	Angel	7590464	8963830	8695862	1265550
May 06, 2019	8445779	Angel	3487425	5933227	9154395	Sonu Somapalan
Aug 17, 2017	3332535	Seed	6259798	1774026	Eastern Electrical Company	2318330

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View details of Tenovia's funding rounds and investors

The founders of Tenovia are Sonu Somapalan and Murali Balan. Murali Balan is the CEO of Tenovia.

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

Sonu Somapalan: Co-Founder of Tenovia. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Murali Balan: Co-Founder & CEO of Tenovia.
Contact Info: 1 email address

View details of Tenovia's Founder profiles and Board Members

Tenovia's employee count trend

Tenovia has 38 employees as of Jan 25. The total employee count is 6.0% more than what it was in Jan 24. Here is Tenovia's employee count trend over the years:

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Top competitors of Tenovia include Primarc Pecan, Love In Store and Skreem Technologies. Here is the list of Top 10 competitors of Tenovia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Primarc Pecan 2013, Mumbai (India), Series A	Provider of services for retailers	$2.34M	Value Seekers Consultancy LLP, Chanakya Corporate Services ... & 14 others	57/100
2nd	Love In Store 2017, Gurugram (India), Unfunded	Provider of ecommerce support services	-	-	41/100
3rd	Tenovia 2006, Bengaluru (India), Seed	Provider of e-commerce support services	$121K	Eastern Electrical Company & 4 others	35/100
4th	Skreem Technologies 2023, Bengaluru (India), Unfunded	Provider of sustainable, direct-to-consumer subscription services for children's products	-	-	34/100
5th	Hooman Labs 2024, Bengaluru (India), Unfunded	Provider of AI voice agents for automating customer phone conversations	-	-	34/100
6th	Publiq Studio 2023, Bengaluru (India), Funding Raised	Provider of AI-powered platform for multi-channel e-commerce catalog and content management	-	Aroa Venture Partners	34/100
7th	PR Innovations 2013, Noida (India), Unfunded	Provider of e commerce support services	-	-	33/100
8th	Vision Global 2012, Coimbatore (India), Unfunded	Provider of ecommerce support services	-	-	32/100
9th	INSYNC Shop Fittings 2010, Mumbai (India), Unfunded	Provider of e-commerce support services	-	-	32/100
10th	Synamen Thinklabs 2007, Chennai (India), Unfunded	Provider of end to end solutions for ecommerce, including consultation, development, and support	-	-	32/100

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Founders (largest shareholder) own 54.71%, Enterprises own 5.00%, Angels own 30.24% and Other People own 10.04%. The net worth of Tenovia's founders is INR 1.65Cr as of Mar 30, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	54.71%	1.65Cr	9193138	7818376	4761679	2962597
Murali Balan	6118688	5489356	8308148	5965442	1754596	5898656
Sonu Somapalan	3957492	1180036	4006234	2800567	2547706	2815255
Enterprise	5.00%	15.1L	24134	75289	91115	78733
Angel	30.24%	91.2L	6421384	8209698	4058212	4570894
Sumangalee Chandrasekharan	1211020	4890932	5331423	2429807	4485670	1922564
Other People	10.04%	30.3L	5807448	8229777	5411591	1345048
Total	99.99%	3.02Cr	3059180	8263725	5345412	1020073