2024 Revenue
$16.2M
Funding
$0
YOY
131%
Team
58
Founded
2014
How Idealinvent CEO Premkumar Bhagwatsaran grew Idealinvent to $16.2M revenue with a 58 person team in 2024.
Idealinvent pte is a wholly owned subsidiary based out of Singapore. Idealinvent is an ISO 9001:2008 company certified for "design, development, implementation, support and maintenance of software products".
Last updated
Idealinvent Revenue
In 2024, Idealinvent's revenue reached $16.2M. The company previously reported $10.7M in 2024. Since its launch in 2014, Idealinvent has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Idealinvent Hit $16.2m revenue in November 2024 |
| 2024 | Idealinvent Hit $10.7m revenue in October 2024 |
| 2023 | Idealinvent Hit $7m revenue in October 2023 |
| 2021 | Idealinvent Hit $6m revenue in April 2021 |
| 2014 | Launched with $0 revenue |
Idealinvent Valuation, Funding Rounds
Idealinvent is a bootstrapped Other Collaboration Software startup. Founded in 2014, Idealinvent has grown to $16.2M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Idealinvent has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Idealinvent Employees & Team Size
Idealinvent employs approximately 58 people as of 2026, down from 61 in 2023.
Idealinvent has 58 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 58 employees (December 2024) |
| 2024 | Reached 61 employees (October 2024) |
| 2023 | Reached 61 employees (October 2023) |
| 2022 | Reached 62 employees (October 2022) |
| 2021 | Reached 62 employees (December 2021) |
| 2021 | Reached 71 employees (April 2021) |
Founder / CEO
Premkumar Bhagwatsaran
Premkumar Bhagwatsaran has over 20 years of experience within the banking sector. Starting his career with customer facing and operational roles at a leading Indian retail bank, he quickly progressed to the management level and subsequently chose to specialize in banking technology. Notable achievements include successful implementation of severalCore banking transformation projects in India, Europe and the Nordics where he has lived for a number of years, as well as CRM/HNW Customer and Investment Portfolio projects in India. As CEO of IDEALINVENT, Premkumar sees his role very clearly in establishing the company and its flagship product ConnectCoreTM as a leading player in the banking products and services market.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Idealinvent yet.
Frequently Asked Questions about Idealinvent
What is Idealinvent's revenue?
Idealinvent generates $16.2M in revenue.
Who founded Idealinvent?
Idealinvent was founded by Premkumar Bhagwatsaran.
Who is the CEO of Idealinvent?
The CEO of Idealinvent is Premkumar Bhagwatsaran.
How much funding does Idealinvent have?
Idealinvent raised $0.
How many employees does Idealinvent have?
Idealinvent has 58 employees.
Where is Idealinvent headquarters?
Idealinvent is headquartered in Bangalore, Karnataka, India.
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Compare Idealinvent to the industry
Idealinvent operates across multiple industries. Browse revenue, funding, and growth data for Idealinvent in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .