2024 Revenue
$16.2M(Est.)
Funding
$0
Team
58
Founded
2014
Idealinvent Revenue (2024)
Idealinvent generated an estimated $16.2M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | Idealinvent Hit $16.2m revenue in November 2024 | Estimated |
| 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 | Not recorded |
| 2014 | Launched with $0 revenue |
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.
Idealinvent Employees & Team Size
Idealinvent employs approximately 58 people as of 2026, down from 61 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 58 employees (December 2024) | Not recorded |
| 2024 | Reached 61 employees (October 2024) | Not recorded |
| 2023 | Reached 61 employees (October 2023) | Not recorded |
| 2022 | Reached 62 employees (October 2022) | Not recorded |
| 2021 | Reached 62 employees (December 2021) | Not recorded |
| 2021 | Reached 71 employees (April 2021) | Not recorded |
Frequently Asked Questions about Idealinvent
What is Idealinvent's revenue?
As of 2024, Idealinvent generated an estimated $16.2M in annual revenue.
Who founded Idealinvent?
Idealinvent was founded by Premkumar Bhagwatsaran.
When was Idealinvent founded?
Idealinvent was founded in 2014.
Who is the CEO of Idealinvent?
The CEO of Idealinvent is Premkumar Bhagwatsaran.
How many employees does Idealinvent have?
As of 2024, Idealinvent had 58 employees.
Where is Idealinvent headquartered?
Idealinvent is headquartered in Bengaluru, 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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