About Asquared
Asquared is an Industrial Goods & Manufacturing company based in Pune (India) founded in 2017 by Anand Deshpande. AI-powered edge computing solutions are provided for industrial optimization. It operates in the Industrial Goods & Manufacturing and Technology sectors. Asquared has raised $156.97 thousand across 1 funding round from investors including Sunil Deshmukh. Asquared was last valued at $785 thousand in January 2018. Its chief executive, as recorded, is Anand Deshpande. Its Indian entity Asquared Iot Private Limited reported revenue of ₹7.7 Lakh. Asquared offers products and services including Edge Computing Solutions, Predictive Maintenance Tools, and Real-time Analytics. Its focus areas include Enterprise Applications, Manufacturing Tech, Enterprise Asset Management and Maintenance Management.
Company details
Founded in 2017 and based in Pune, India, Asquared operates in the industrial IoT sector. Machine learning techniques are applied to extract insights from IoT data, with anomalies identified and equipment failures predicted. Real-time analytics, predictive maintenance, and process improvements are enabled through embedded AI products. These solutions are designed for deployment without internet connectivity and can be retrofitted in manufacturing environments.
- Headquarters Pune, India
- Founders Anand Deshpande
- SectorsIndustrial Goods & ManufacturingTechnology
- Email••••••••
- Phone•••• ••••
- Website asquared.ai
- Social LinkedIn X YouTube
- Legal Name Asquared Iot Private Limited
- Date of Incorporation 22 Feb, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹7.7 Lakh
FY 2024 · +6% YoY
- Net Profit₹16.8 Lakh
FY 2024 · 216% margin
- EBITDA₹5.4 Lakh
FY 2024 · 70% margin
- Total Equity Funding$156.97K (USD)
in 1 rounds
- Latest Funding Round$156.97K (USD), Angel Round
Jan 2018
Associated legal entities of Asquared
Asquared operates through Asquared Iot 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 |
|---|---|---|---|---|---|---|---|
| Asquared Iot Private Limited CIN U72900PN2017PTC169046 | Active | 22 Feb 2017 | Pune, Maharashtra | ₹0.1 Cr | 3 | View details |
Products & Services of Asquared
Asquared offers a comprehensive portfolio of products and services, including Edge Computing Solutions, Predictive Maintenance Tools, and Real-time Analytics.
Enables real-time analytics for industrial processes and anomaly detection.
Predicts machine failures using AI to minimize downtimes.
Performs sound and video analytics for immediate issue flagging.
Apps and channels of Asquared
its YouTube channel Asquared IoT has 20 subscribers and 12 videos.
Videos from Asquared
The most watched videos on Asquared's YouTube channel, Asquared IoT (20 subscribers). Click a video to play it here.
More on Asquared IoT.
Funding Insights of Asquared
Asquared has successfully raised a total of $156.97K through 1 strategic funding round. The most recent funding activity was a Angel Round of $156.97 thousand completed in January 2018. 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 $156,974
- Total Rounds 1
- Last Round Angel Round — $156,974
- First Round $156,974
(Jan 2018)
- Investors Count 1
All 1 funding rounds of Asquared 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 |
|---|---|---|---|---|---|
| Jan 2018 | $156,974 | Angel Round | $784,999 | Sunil Deshmukh | – |
Last known valuation $784,999 (Jan 2018). 1 investors in total: 0 institutional and 1 angel.
Investors in Asquared
Asquared has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sunil Deshmukh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SD Sunil Deshmukh | unknown_81bcbd9708be4bcea |
Investor details for Asquared
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Asquared Iot Private Limited (Asquared)
Asquared Iot Private Limited is the primary company behind Asquared. The board of Asquared Iot Private Limited currently have 3 directors; the longest-serving is Anand Murlidhar Deshpande, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Murlidhar Deshpande DIN 07707105 | Director | 22 Feb 2017 | 9 yrs 8 mo | Asquared Iot Private Limited |
| Aniruddha Gopalrao Pant DIN 02900290 | Director | 22 Feb 2017 | 9 yrs 8 mo | Asquared Iot Private Limited |
| Kanchan Aniruddha Pant DIN 02922346 | Director | 02 Aug 2017 | 9 yrs 2 mo | Asquared Iot Private Limited |
People of Asquared
1 people are tracked at Asquared (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Asquared
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 Asquared
Figures of Asquared Iot Private Limited, the primary company behind Asquared, for FY 2024. Revenue was ₹7.7 Lakh (+6% year on year). Net profit was ₹16.8 Lakh (216% margin). EBITDA was ₹5.4 Lakh (70% margin). Revenue has grown at a compounded annual rate of -42% over three years and -22% over five years.
- ₹7.7 LakhRevenue · FY 2024 · +6% YoY
- ₹16.8 LakhNet profit · 216% margin
- ₹5.4 LakhEBITDA · 70% margin
- ₹6.3 LakhPaid-up capital
- -42%Revenue CAGR, 3 years
- -22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Asquared Iot Private Limited are on its company page.
Detailed financial statements for Asquared
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 Asquared
2 dated milestones of Asquared across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Asquared is founded.
- Funding First funding round of $157K.
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Frequently Asked Questions about Asquared
Asquared was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Asquared is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Anand Deshpande is the CEO of Asquared, as recorded in our data. They have also founded this company.
Asquared is a funded company, having raised a total of $156.97K across 1 funding round to date. The company's 1st funding round was a Angel Round of $156.97K, raised on Jan 2018.
The primary company behind Asquared, Asquared Iot Private Limited, reported revenue of ₹7.7 Lakh for FY 2024, up 6% year on year.
Founded in 2017 and based in Pune, India, Asquared operates in the industrial IoT sector. Machine learning techniques are applied to extract insights from IoT data, with anomalies identified and equipment failures predicted. Real-time analytics, predictive maintenance, and process improvements are enabled through embedded AI products. These solutions are designed for deployment without internet connectivity and can be retrofitted in manufacturing environments.
Asquared offers Edge Computing Solutions, Predictive Maintenance Tools, and Real-time Analytics.
Asquared has 1 investor. Key investors include Sunil Deshmukh.
The valuation of Asquared is $785K as of Jan 2018.
Asquared operates through Asquared Iot Private Limited.
The legal entities of Asquared currently have 3 directors, including Kanchan Aniruddha Pant, Anand Murlidhar Deshpande, Aniruddha Gopalrao Pant.