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Naico ITS is a premier technology company specialized in providing custom engineered software solutions to business enterprises around the world.
Naico was founded in mid-2005 by a team of highly accomplished US returned technology professionals with the vision of building a world-class technology company. Naico is head quartered in Infopark technology campus in the city of Kochi, a beautiful green city on the southern tip of India.
Since it's founding over a decade ago, Naico has proven its ability to deliver breakthrough technology solutions for businesses ranging from web startups to well-known Fortune 100 companies. We have many exciting stories of being the technology partner to businesses where we helped them grow from a business idea leading to multiple rounds of venture funding and acquisitions.
Naico primarily focuses on three technology domains, Enterprise Web Application Development, Geospatial (GIS) Solutions and Business Intelligence Solutions. We were one of the
Last updated
In 2024, Naico ITS's revenue reached $20.4M. The company previously reported $10.7M in 2023. Since its launch in 2005, Naico ITS has shown consistent revenue growth.
Naico ITS is a bootstrapped Business Intelligence Software startup. Founded in 2005, Naico ITS has grown to $20.4M in revenue without raising any venture capital or outside funding.
As a self-funded Business Intelligence Software SaaS company, Naico ITS has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Naico ITS yet.
Naico ITS employs approximately 134 people as of 2026, up from 124 in 2023, including 2 sales reps that carry a quota.
Naico ITS generates an estimated $20.4M in annual revenue.
Naico ITS was founded by Nazeer Peerumohammed.
The CEO of Naico ITS is Nazeer Peerumohammed.
Naico ITS is bootstrapped and has not raised outside funding.
Naico ITS has 134 employees.
Naico ITS is headquartered in Kakkanad, Kerala, India.
Naico ITS operates across multiple industries. Browse revenue, funding, and growth data for Naico ITS 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
$20.4M(Est.)
Funding
$0
Team
134
Founded
2005
| Year | Milestone | Source |
|---|---|---|
| 2024 | Naico ITS Hit $20.4m revenue in October 2024 | Estimated |
| 2023 | Naico ITS Hit $10.7m revenue in October 2023 | Estimated |
| 2021 | Naico ITS Hit $8.6m revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 134 employees (December 2024) | |
| 2024 | Reached 124 employees (October 2024) | |
| 2023 | Reached 124 employees (October 2023) | |
| 2022 | Reached 133 employees (October 2022) | |
| 2021 | Reached 119 employees (December 2021) | |
| 2021 | Reached 102 employees (April 2021) |
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