
Find out how Singapore’s Nevigate challenges telco giants through IP innovation
Its revenue is pegged to hit $3.5m.
Unfazed by big telco companies, Singapore-headquartered startup Nevigate is challenging global telco carrier companies to rethink how they build sustainable business partnerships in order to meet customers’ growing demand for flexible, resilient and high quality connectivity services.
Nevigate is a Virtual Network Operator (VNO) which consists of skilled employees who perform what physical cables or networks usually do.
Nevigate’s team makes purchases from other carriers around the world, then uses its virtual network overlay architecture to build and deliver global connectivity services to other global carrier customers. Nevigate operates Network Operation Centres that uses remote monitoring system to deliver 24x7 customer support, making sure fast, timely troubleshooting is done and resolution achieved once connectivity faults are detected.
Nevigate has leveraged proven IP innovation and pervasive consumer IP adoption to help build its business model. It claims that going virtual can be the winning formula in meeting customers’ requirements and needs.
Since its inception in 2011, the company has grown its revenue exponentially, from a base of $680,000 in 2011 to $2.5mil and it is expected to close its book at $3.5mil by the end of 2013.
Today, Nevigate offers customers coverage in more than 150 countries via multiple providers. It has regional offices in Cyprus, China, Hong Kong, Malaysia, and UAE. It continues to seek opportunities with its plans of expansion in 2014 and beyond.
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COMPANY PROFILE:
Name of the company: Nevigate Communication Pte Ltd.
Founder/Founders: Private investor
Website: https://nevigate.net/
Total funding at hand: S$300,000
Source of funding: Private investor who believed in the VNO business model
Start of operation: 2011
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