# Kovid NTD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kovid-ntd

- Industry: Software
- Headquarters: India
- Website: www.kovidndt.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Dec 5, 2016)
- Investors on record: 2

## About

Kovid NTD is a technology company specializing in advanced web hosting solutions designed for small businesses, e-commerce platforms, and digital agencies, focusing on enhancing online performance and user experience.Kovid NTD provides innovative web hosting services. Founded in India, the company has developed a notable presence in the tech industry. The current CEO, Krishna Reddy, has been pivotal in leading its growth. In December 2016, Kovid NTD successfully raised USD 770,000 in Seed funding from investors including Eight Mercatus and Majuven, bringing the total amount raised to USD 770,000 and valuing the company at approximately USD 4.97 mn.Kovid NTD specializes in advanced web hosting solutions that cater to various clients, including small businesses and digital agencies. Their services include scalable cloud hosting, dedicated servers, and managed website solutions aimed at improving online performance by ensuring high availability, security, and speed. Targeting markets in North America, Europe, and parts of Asia, the company focuses on empowering businesses with essential tools for an effective online presence.In 2023, Kovid NTD reported a revenue of USD 9,733.4 mn and an EBITDA of USD 1,823.7 mn. Their business model primarily revolves around subscription services, with clients engaging in long-term contracts tailored to their specific hosting needs, ensuring a steady revenue stream.Kovid NTD aims to leverage the recent Seed funding of USD 770,000 to drive product development and market expansion. Plans include launching new hosting solutions tailored for emerging digital markets by the end of 2024. The company is strategically targeting growth in Southeast Asia and increasing its footprint in North America, capitalizing on the ongoing digital transformation.

## Funding rounds

- Seed, Dec 5, 2016, $0.8M — Eight Mercatus, Majuven

## Investors

- Eight Mercatus (https://capitalatlas.ai/funds/eight-mercatus) — Seed
- Majuven (https://capitalatlas.ai/funds/majuven) — Seed