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2024 Revenue

$16.2M

Funding

$0

YOY

131%

Team

58

Founded

2014

How Idealinvent CEO Premkumar Bhagwatsaran grew 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".

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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.

Idealinvent Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M$20M201420162018202020222024$0$6M$7M$16.2MSource: GetLatka.com
YearMilestoneQuote
2024Idealinvent Hit $16.2m revenue in November 2024
2023Idealinvent Hit $7m revenue in October 2023
2021Idealinvent Hit $6m revenue in April 2021
2014Launched 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.

Idealinvent Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12014Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Premkumar Bhagwatsaran

CEO

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.

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Customers

We do not have customer count information for Idealinvent yet.

Idealinvent Employees & Team Size

Idealinvent employs approximately 58 people as of 2026, down from 61 in 2023.

Idealinvent Team GrowthReported headcount over time01530456075201420162018202020222024005858Source: GetLatka.com
YearMilestone
2024Reached 58 employees (December 2024)
2024Reached 61 employees (October 2024)
2023Reached 61 employees (October 2023)
2022Reached 62 employees (October 2022)
2021Reached 62 employees (December 2021)
2021Reached 71 employees (April 2021)

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 is bootstrapped and has not raised outside funding.

How many employees does Idealinvent have?

Idealinvent has 58 employees.

Where is Idealinvent headquarters?

Idealinvent is headquartered in Bangalore, Karnataka, India.

Compare Idealinvent to the industry

Idealinvent operates across multiple industries. Browse revenue, funding, and growth data for Idealinvent in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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