About Agileconnects
Agileconnects is a Business Services company based in Bengaluru (India) founded in 2015 by Om Prakash Khungar, Anand Aurangabadkar, Arvind Khungar, and Nitin Nistane. Provider of IoT-based energy efficiency and asset monitoring solutions for commercial spaces. It operates in the Business Services, Technology, and Energy & Utilities sectors. 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. Agileconnects was last valued at $4.34 million in March 2020. Its chief executive, as recorded, is Nitin Nistane. Its Indian entity Agile Connects Private Limited reported revenue of ₹5.00 Cr. Agileconnects offers products and services including Energy Efficient Spaces, Full Spectrum HVAC, and AgileWorks. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Stack and Energy Tech.
Company details
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.
- Headquarters Bengaluru, India
- Employees 27
- Founders Om Prakash Khungar, Anand Aurangabadkar, Arvind Khungar, Nitin Nistane
- Stage Minicorn
- SectorsBusiness ServicesTechnology Energy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website agileconnects.com
- Social LinkedIn
- Legal Name Agile Connects Private Limited
- Date of Incorporation 08 May, 2015
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹5.00 Cr
FY 2024 · -7% YoY
- Net Loss-₹4.1 Lakh
FY 2024 · -1% margin
- EBITDA₹98.9 Lakh
FY 2024 · 20% margin
- Total Equity Funding$513.4K (USD)
in 3 rounds
- Latest Funding Round$244.13K (USD), Angel Round
Mar 2020
- Employee Count27
Associated legal entities of Agileconnects
Agileconnects operates through Agile Connects Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Agile Connects Private Limited CIN U72300MH2015PTC264219 | Active | 08 May 2015 | Nagpur, Maharashtra | ₹5.0 Cr | 27 | 4 | View details |
Products & Services of Agileconnects
Agileconnects offers a comprehensive portfolio of products and services, including Energy Efficient Spaces, Full Spectrum HVAC, and AgileWorks.
Platform for monitoring energy use and reducing consumption in commercial settings.
Solutions for optimizing chiller plants and air handling units via smart scheduling.
Cloud-based system for real-time equipment monitoring and control in various operations.
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.
- Total Funding $513,400
- Total Rounds 3
- Last Round Angel Round — $244,127
- First Round $184,808
(Mar 2018)
- Investors Count 17
All 3 funding rounds of Agileconnects with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $244,127 | Angel Round | $4.34M | Deepa Deshmukh | |
| Feb 2019 | $84,465 | Angel Round | $4.01M | Alok Ghurde, Pramod Kumar Singh | |
| Mar 2018 | $184,808 | Angel Round | $••••• | Haresh Chawla |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $4.34M | •••••••• |
| Feb 2019 | $4.01M | •••••••• |
| Mar 2018 | $••••• | •••••••• |
Full valuation and stage history of Agileconnects
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.34M (Mar 2020). 17 investors in total: 0 institutional and 17 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DD Deepa Deshmukh | unknown_59bc41f053eb4b47a | |||
PD Prachi Dani | unknown_cb92c39956bf44b19 | |||
PC Praveen Chandak | unknown_a77596441ff74503b | |||
SV Sudha Vijay Umbarkar | unknown_4d5d2eabb8b24ec58 | |||
MA Megha Abhishek Patni | unknown_b72a07775eec4ea79 | |||
MC Milind Chiman Patel | unknown_cf74f071b1014565b | |||
PD Priyanka Dinesh Khandelwal | unknown_4c490708781348478 | |||
RR Rakesh Ramratan Khandelwal | unknown_e29901ea097043619 | |||
PP Pravin Prabhakar Nistane | unknown_60b01d9895234ad48 | |||
AG Alok Ghurde | unknown_aab53f281ed4473b8 |
Investor details for Agileconnects
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Agile Connects Private Limited (Agileconnects)
Agile Connects Private Limited is the primary company behind Agileconnects. The board of Agile Connects Private Limited currently have 4 directors; the longest-serving is Anand Yeshwant Aurangabadkar, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Yeshwant Aurangabadkar DIN 00393814 | Director | 08 May 2015 | 11 yrs 6 mo | Agile Connects Private Limited |
| Nitin Prabhakar Nistane DIN 00154275 | Director | 08 May 2015 | 11 yrs 6 mo | Agile Connects Private Limited |
| Arvind Khungar DIN 03032296 | Director | 01 May 2016 | 10 yrs 6 mo | Agile Connects Private Limited |
| Praveen Deva DIN 02091381 | Director | 01 May 2016 | 10 yrs 6 mo | Agile Connects Private Limited |
People of Agileconnects
6 people are tracked at Agileconnects (4 in leadership, 2 in team); the tracked headcount is 27.
| Name | Role | Group |
|---|---|---|
Om Prakash Khungar | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Sarvesh Singh | Project Lead | Team |
Dayal Nigam | Embedded Software Developer | Team |
Complete people profiles for Agileconnects
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Agileconnects
Figures of Agile Connects Private Limited, the primary company behind Agileconnects, for FY 2024. Revenue was ₹5.00 Cr (-7% year on year). Net loss was -₹4.1 Lakh (-1% margin). EBITDA was ₹98.9 Lakh (20% margin). Revenue has grown at a compounded annual rate of +26% over three years and +20% over five years.
- ₹5.00 CrRevenue · FY 2024 · -7% YoY
- -₹4.1 LakhNet loss · -1% margin
- ₹98.9 LakhEBITDA · 20% margin
- ₹1.67 CrPaid-up capital
- 27Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Agile Connects Private Limited are on its company page.
Detailed financial statements for Agileconnects
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Agileconnects
4 dated milestones of Agileconnects across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Agileconnects is founded.
- Funding First funding round of $185K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $244K.
Top companies in Facility Management Platforms
2 companies that operate in the same segment as Agileconnects (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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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 CEO of Agileconnects, as recorded in our data. They have also founded this company.
Agileconnects is a funded company, having raised a total of $513.4K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $184.81K, raised on Mar 2018.
Agileconnects has 27 employees.
The primary company behind Agileconnects, Agile Connects Private Limited, reported revenue of ₹5.00 Cr for FY 2024, down 7% year on year.
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 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.
Agileconnects operates through Agile Connects Private Limited.
The legal entities of Agileconnects currently have 4 directors, including Arvind Khungar, Anand Yeshwant Aurangabadkar, Nitin Prabhakar Nistane and others.