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How Naico ITS CEO Nazeer Peerumohammed grew Naico ITS to $20.4M revenue with a 134 person team in 2024.

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

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Naico ITS Revenue

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 Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M20052007200920112013201520172019202120232024$0$9M$20MSource: GetLatka.com
YearMilestone
2024Naico ITS Hit $20.4m revenue in October 2024
2023Naico ITS Hit $10.7m revenue in October 2023
2021Naico ITS Hit $8.6m revenue in April 2021
2005Launched with $0 revenue

Naico ITS Valuation, Funding Rounds

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.

Naico ITS Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Naico ITS Employees & Team Size

Naico ITS employs approximately 134 people as of 2026, up from 124 in 2023.

Naico ITS has 134 total employees in different roles and functions and 2 sales reps that carry a quota.

Naico ITS Team GrowthReported headcount over time03060901201502005200720092011201320152017201920212023202400134134Source: GetLatka.com
YearMilestone
2024Reached 134 employees (December 2024)
2024Reached 124 employees (October 2024)
2023Reached 124 employees (October 2023)
2022Reached 133 employees (October 2022)
2021Reached 119 employees (December 2021)
2021Reached 102 employees (April 2021)

Founder / CEO

Nazeer Peerumohammed

Nazeer Peerumohammed is listed as Founder / CEO at Naico ITS.

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Customers

We do not have customer count information for Naico ITS yet.

Frequently Asked Questions about Naico ITS

What is Naico ITS's revenue?

Naico ITS generates $20.4M in revenue.

Who founded Naico ITS?

Naico ITS was founded by Nazeer Peerumohammed.

Who is the CEO of Naico ITS?

The CEO of Naico ITS is Nazeer Peerumohammed.

How much funding does Naico ITS have?

Naico ITS raised $0.

How many employees does Naico ITS have?

Naico ITS has 134 employees.

Where is Naico ITS headquarters?

Naico ITS is headquartered in Kakkanad, Kerala, India.

Compare Naico ITS to the industry

Naico ITS operates across multiple industries. Browse revenue, funding, and growth data for Naico ITS 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 .

Naico ITS Revenue 2024: $20.4M ARR (Bootstrapped)