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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
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 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 | Source |
|---|
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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We do not have customer count information for Idealinvent yet.
Idealinvent employs approximately 58 people as of 2026, down from 61 in 2023.
Idealinvent generates $16.2M in revenue.
Idealinvent was founded by Premkumar Bhagwatsaran.
The CEO of Idealinvent is Premkumar Bhagwatsaran.
Idealinvent is bootstrapped and has not raised outside funding.
Idealinvent has 58 employees.
Idealinvent is headquartered in Bangalore, Karnataka, India.
Idealinvent operates across multiple industries. Browse revenue, funding, and growth data for Idealinvent in each sector below.
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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2024 Revenue
$16.2M
Funding
$0
Team
58
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2024 | Idealinvent Hit $16.2m revenue in November 2024 | |
| 2024 | Idealinvent Hit $10.7m revenue in October 2024 | Estimated |
| 2023 | Idealinvent Hit $7m revenue in October 2023 | Estimated |
| 2021 | Idealinvent Hit $6m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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