About Arms
Arms was a Technology company based in Ahmedabad (India) founded in 2020. It offers a cloud-based AR platform for remote assistance solutions. It operates on a B2B model. The company has 32 employees. Its Indian entity Plutomen Technologies Private Limited reported revenue of ₹1.20 Cr. The company is recorded as dissolved. Its focus areas include Augmented Reality, Cloud Platforms and Remote Assistance. Its competitors include Augmentir, CareAR, TechSee, Sightcall and Ario and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Arms offers a cloud-based ar platform for remote assistance solutions through leveraging cutting-edge technology, creating AR experiences, cloud platforms, and remote assistance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- Employees 32
- SectorsTechnology
- Website thearms.io
- Social X Facebook
- Legal Name Plutomen Technologies Private Limited
- Date of Incorporation 17 Nov, 2016
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.20 Cr
FY 2024 · +67% YoY
- Net Loss-₹1.26 Cr
FY 2024 · -105% margin
- EBITDA-₹72.9 Lakh
FY 2024 · -61% margin
- Employee Count32
Associated legal entities of Arms
Arms operates through Plutomen Technologies 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 |
|---|---|---|---|---|---|---|---|
| Plutomen Technologies Private Limited CIN U72900GJ2016PTC094406 | Active | 17 Nov 2016 | Ahmedabad, Gujarat | ₹1.2 Cr | 32 | 3 | View details |
Board of directors of Plutomen Technologies Private Limited (Arms)
Plutomen Technologies Private Limited is the primary company behind Arms. The board of Plutomen Technologies Private Limited currently have 3 directors; the longest-serving is Hirenkumar Pravinchandra Kanani, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hirenkumar Pravinchandra Kanani DIN 07638090 | Director | 17 Nov 2016 | 9 yrs 11 mo | Plutomen Technologies Private Limited |
| Keyur Vinodbhai Bhalavat DIN 07018795 | Director | 17 Nov 2016 | 9 yrs 11 mo | Plutomen Technologies Private Limited |
| Ravi Harikishan Patel DIN 08199913 | Director | 05 Sep 2018 | 8 yrs 1 mo | Plutomen Technologies Private Limited |
Financials of Arms
Figures of Plutomen Technologies Private Limited, the primary company behind Arms, for FY 2024. Revenue was ₹1.20 Cr (+67% year on year). Net loss was -₹1.26 Cr (-105% margin). EBITDA was -₹72.9 Lakh (-61% margin). Revenue has grown at a compounded annual rate of +5% over three years and +6% over five years.
- ₹1.20 CrRevenue · FY 2024 · +67% YoY
- -₹1.26 CrNet loss · -105% margin
- -₹72.9 LakhEBITDA · -61% margin
- ₹1.4 LakhPaid-up capital
- 32Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Plutomen Technologies Private Limited are on its company page.
Detailed financial statements for Arms
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Competitors of Arms
Arms has 10 listed competitors in our database, 10 of them funded. They include Augmentir, CareAR, TechSee, Sightcall and Ario, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| augmentir.com | 2018 | Horsham, United States | $10.51M | – | Provider of a platform offering AR solutions for industrial front-line workers | |
| carear.com | 1999 | Austin, United States | $10M | – | Provider of augmented reality based visual support solution | |
| techsee.com | 2015 | Tel Aviv, Israel | $53.5M | 5 | AI virtual agent for customer experience | |
| sightcall.com | 2008 | San Francisco, United States | $57.7M | 20 | Provider of a cloud-based visual collaboration platform | |
| ario.com | 2002 | Norfolk, United States | $2.75M | – | AR-based productivity platform is provided for enterprises. | |
| daqri.com | 2010 | Los Angeles, United States | $15M | – | AR-based software for workforce productivity management is provided. | |
| atheerair.com | 2012 | Santa Clara, United States | $36.83M | 31 | Augmented reality platform for enterprise applications is provided. | |
| simulanis.com | 2013 | Delhi, India | $1.44M | 150 | Developer of virtual, augmented, and mixed reality training and productivity tools. | |
| scopear.com | 2010 | San Francisco, United States | $11.82M | – | AR-based software for remote assistance support is provided. | |
| virnect.com | 2015 | Seoul, South Korea | $37.57M | – | Augmented reality solutions are provided for industrial sectors. |
Detailed competitors of Arms
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Top companies in Augmented & Virtual Reality Solutions
10 companies that operate in the same segment as Arms (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Zurich, Switzerland | USD 273.1 M | – | 363 | |
Augmented reality mobile games are designed and developed. | 2011 | San Francisco, California, United States | USD 772.84 M | USD 166.77 K | 584 | |
Interactive STEM kits are provided for children's learning. | 2016 | Bengaluru, Karnataka, India | USD 35.81 M | USD 2.23 M | 138 | |
Hardware-based iPad games for children are developed. | 2013 | Palo Alto, California, United States | USD 36 M | – | 112 | |
Provider of AI and AR-based virtual makeup application solutions | 2014 | Taipei, Taiwan | USD 75 M | USD 69.15 M | 342 | |
Cloud-based augmented reality software is provided for construction professionals. | 2017 | London, England, United Kingdom | USD 34.49 M | USD 5.87 M | 77 | |
Provider of wearable heads-up display for industrial workers | 2016 | Vancouver, Washington, United States | USD 145.48 M | USD 1.11 M | 19 | |
Virtual reality headsets are provided for immersive professional applications. | 2016 | Helsinki, Finland | USD 149.39 M | – | – | |
Virtual world games are facilitated through an NFT-based platform. | 2017 | Buenos Aires, Argentina | USD 25 M | – | – | |
AR-based content management software is offered for 3D product experiences. | 2018 | Toronto, Ontario, Canada | USD 2.1 M | USD 1.53 M | – |
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Related news about Arms
Complete news archive for Arms
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Frequently Asked Questions about Arms
Arms was founded in 2020.
Arms is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Arms has 32 employees.
The primary company behind Arms, Plutomen Technologies Private Limited, reported revenue of ₹1.20 Cr for FY 2024, up 67% year on year.
Arms offers a cloud-based ar platform for remote assistance solutions through leveraging cutting-edge technology, creating AR experiences, cloud platforms, and remote assistance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Arms operates through Plutomen Technologies Private Limited.
The legal entities of Arms currently have 3 directors, including Hirenkumar Pravinchandra Kanani, Keyur Vinodbhai Bhalavat, Ravi Harikishan Patel.