Agileconnects

Bengaluru, India Founded: 2015 • Age: 11 yrs
Provider of IoT-based energy efficiency and asset monitoring solutions for commercial spaces
Annual revenue $649,120 Latest available
Total funding $513,400 3 rounds
Employees 27 Tracked headcount
Investors 17 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Agileconnects

Agileconnects is a company based in Bengaluru (India) founded in 2015 by Om Prakash Khungar, Anand Aurangabadkar, Arvind Khungar, and Nitin Nistane. Agileconnects has raised $513.4 thousand across 3 funding rounds from investors including Deepa Deshmukh, Prachi Dani and Praveen Chandak. The company has 27 employees as of April 02, 2024. Agileconnects offers products and services including Energy Efficient Spaces, Full Spectrum HVAC, and AgileWorks. Agileconnects operates in a competitive market with competitors including ecobee, Danfoss, Kontakt, Landis+Gyr and MRI Software, among others.

  • Headquarter Bengaluru, India
  • Employees 27 as on 02 Apr, 2024
  • Founders Om Prakash Khungar, Anand Aurangabadkar, Arvind Khungar, Nitin Nistane
  • Stage Minicorn
  • Sectors
    Business Services
    Technology Energy & Utilities Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Agile Connects Private Limited
  • Date of Incorporation 08 May, 2015
  • Jurisdiction Nagpur, Maharashtra, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $649.12 K (USD)
    142.83
    as on Mar 31, 2023
  • Net Profit
    $4.59 K (USD)
    115.51
    as on Mar 31, 2023
  • EBITDA
    $100.03 K (USD)
    36629.46
    as on Mar 31, 2023
  • Total Equity Funding
    $513.4 K (USD)

    in 3 rounds

  • Latest Funding Round
    $244.13 K (USD), Angel Round

    Mar 11, 2020

  • Investors

    & 16 more

  • Employee Count
    27

    as on Apr 02, 2024

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Products & Services of Agileconnects

Agileconnects offers a comprehensive portfolio of products and services, including Energy Efficient Spaces, Full Spectrum HVAC, and AgileWorks.

Product name locked
Category locked
Primary

Platform for monitoring energy use and reducing consumption in commercial settings.

Product name locked
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Solutions for optimizing chiller plants and air handling units via smart scheduling.

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Cloud-based system for real-time equipment monitoring and control in various operations.

People of Agileconnects

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Arvind Khungar
Chief Strategy Officer
People
Sarvesh Singh
Project Lead
People
Dayal Nigam
Embedded Software Developer

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Funding Insights of Agileconnects

Agileconnects has successfully raised a total of $513.4K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $244.13 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Agileconnects

Agileconnects has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Deepa Deshmukh, Prachi Dani and Praveen Chandak.

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Angel
Investor Description Founded Year Domain Location

Deepa Deshmukh

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Prachi Dani

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Praveen Chandak

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Investor details for Agileconnects

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Investments & Acquisitions by Agileconnects

Investments
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Investment portfolio details for Agileconnects

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Financial Statements - Agileconnects

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Detailed financials for Agileconnects

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Agileconnects Comparisons

Agileconnects Primary company
Description
Provider of IoT-based energy efficiency and asset monitoring...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$649.12 K (USD)
Net Profit
$4.59 K (USD)
EBITDA
$100.03 K (USD)
Employees
27
As of 2024
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Peer comparison for Agileconnects

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Competitors of Agileconnects

Agileconnects operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ecobee, Danfoss, Kontakt, Landis+Gyr and MRI Software, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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Manufacturer of energy efficiency products
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AI-based location and sensor data insights are provided for businesses.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Detailed competitors of Agileconnects

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Latest news on Agileconnects

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Complete news archive for Agileconnects

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Frequently Asked Questions about Agileconnects

Agileconnects was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Agileconnects is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Nitin Nistane is the current CEO of Agileconnects. They have also founded this company.

Agileconnects is a funded company, having raised a total of $513.4K across 3 funding rounds to date.

As of Apr 02, 2024, the latest employee count at Agileconnects is 27.

Annual revenue of Agileconnects is $649.12K as on Mar 31, 2023.

Founded in 2015 in Bengaluru, India, Agileconnects operates in the IoT sector, focusing on energy efficiency and asset monitoring for commercial environments. An integrated system is provided, including sensors for tracking temperature, humidity, occupancy, and air quality; actuators; gateways; and cloud platforms. Data is processed using machine learning and AI to generate insights for power management and HVAC optimization.

Agileconnects's top competitors include ecobee, Landis+Gyr and Danfoss.

Agileconnects offers Energy Efficient Spaces, Full Spectrum HVAC, and AgileWorks.

Agileconnects has 17 investors. Key investors include Deepa Deshmukh, Prachi Dani, Praveen Chandak, Sudha Vijay Umbarkar, and Megha Abhishek Patni.

The valuation of Agileconnects is $4.34M as of Mar 2020.

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