About AskSid
AskSid is a company based in Bengaluru (India) founded in 2017 by Dinesh Sharma was acquired by Gupshup in April 2022.. AskSid has raised $593.81 thousand across 5 funding rounds from investors including Gupshup, Techstars and Augumi. AskSid offers products and services including Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist. AskSid operates in a competitive market with competitors including Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.
- Headquarter Bengaluru, India
- Founders Dinesh Sharma
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Asksid Technology Solutions Private Limited
- Date of Incorporation 15 Dec, 2016
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$476.88 K (USD)16.41as on Mar 31, 2022
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Net Profit
$-23.27 K (USD)-133.06as on Mar 31, 2022
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EBITDA
$51.04 K (USD)-59.1as on Mar 31, 2022
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Total Equity Funding
$593.81 K (USD)
in 5 rounds
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Latest Funding Round
$191.7 K (USD), Seed
Jul 26, 2022
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Investors
Gupshup
& 6 more
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Employee Count
Employee Count
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Acquired by
Gupshup
(Apr 20, 2022)
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Products & Services of AskSid
AskSid offers a comprehensive portfolio of products and services, including Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing customer interactions across multiple channels.
Tool for scaling click-to-chat ads and campaigns.
AI models for business conversations and personalization.
Assists agents with AI-driven customer interactions.
Funding Insights of AskSid
AskSid has successfully raised a total of $593.81K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $191.7 thousand completed in July 2022. 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 Total Funding
- Total Rounds 5
- Last Round Seed — $191,698
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First Round
First Round
(28 Mar 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - AskSid | Valuation | Augumi |
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| May, 2021 | Amount | Seed - AskSid | Valuation | Techstars |
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| Jan, 2019 | Amount | Angel Round - AskSid | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AskSid
AskSid has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Gupshup, Techstars and Augumi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by Augumi's private equity approach.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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RA
Rajan Anandan |
Managing Director at Peak XV, ex-Google India head, prolific angel investor
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AskSid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AskSid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asksid Comparisons
Competitors of AskSid
AskSid 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 Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based omnichannel communication and customer engagement platform is utilized.
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
Tools for customer engagement across multiple channels are provided.
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| domain | founded_year | HQ Location |
Conversational AI platform is provided for digital customer experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asksid
Frequently Asked Questions about AskSid
When was AskSid founded?
AskSid was founded in 2017.
Where is AskSid located?
AskSid is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is AskSid a funded company?
AskSid is a funded company, having raised a total of $593.81K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $43.14K, raised on Mar 28, 2017.
What is the annual revenue of AskSid?
Annual revenue of AskSid is $476.88K as on Mar 31, 2022.
What does AskSid do?
AskSid was established in 2017 in Bengaluru, India, as a conversational AI platform focused on the customer service and e-commerce sectors. Assistance is provided to customers during their journey to elevate conversions. Machine learning and natural language processing algorithms are integrated to enable scalable shopping support. Product knowledge bases are expanded, and collected data is analyzed to inform targeted marketing strategies.
Who are the top competitors of AskSid?
AskSid's top competitors include Twilio, Freshworks and Dialpad.
What products or services does AskSid offer?
AskSid offers Conversation Cloud, Campaign Manager, Conversational AI, and Agent Assist.
Who are AskSid's investors?
What is AskSid's valuation?
The valuation of AskSid is $24.89M as of Jul 2022.
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