AssetChain

Amravati, India Founded: 2019 • Age: 7 yrs Minicorn
Blockchain technology is applied to identity and asset management.

About AssetChain

AssetChain is an Education company based in Amravati (India) founded in 2019 by Samit Singhai and Mayur Zanwar. Blockchain technology is applied to identity and asset management. AssetChain has raised $1.26 million across 6 funding rounds from investors including SucSEED Indovation, Ashok Kumar Barat and Ramanathan V. The company has 1 employees. AssetChain was last valued at $18.34 million in August 2023. Its Indian entity Asset Chain Techlligence Private Limited reported revenue of β‚Ή15.10 Cr. AssetChain offers products and services including Blockchain Development, Smart Contract Development, Blockchain Consulting, and DApp Development. Its focus areas include EdTech, K-12 EdTech, Tech for Teachers and Student Assessment.

Company details

AssetChain was established in 2019 in Amravati, India, within the blockchain sector. Solutions for identity and asset management are developed using blockchain. Key products include My Digi ID for personal documentation, Charge Spot for electric vehicle charging, and TruScholar for issuing academic credentials. Services are extended to banks, insurers, and educational institutions across various applications.

Key Metrics
  • Annual Revenue
    ₹15.10 Cr

    FY 2026 · +20% YoY

  • Net Profit
    ₹2.42 Cr

    FY 2026 · 16% margin

  • EBITDA
    ₹3.42 Cr

    FY 2026 · 23% margin

  • Total Equity Funding
    $1.26M (USD)

    in 6 rounds

  • Latest Funding Round
    $561K (USD), Seed

    Mar 2026

  • Investors
  • Employee Count
    1

Products & Services of AssetChain

AssetChain offers a comprehensive portfolio of products and services, including Blockchain Development, Smart Contract Development, Blockchain Consulting, and DApp Development.

Blockchain Development
Development Services

Service for building decentralized blockchain infrastructures

Smart Contract Development
Contract Services

Development of secure and automated smart contracts

Blockchain Consulting
Consulting Services

Advisory for implementing blockchain solutions

DApp Development
Application Services

Creation of decentralized applications for businesses

Funding Insights of AssetChain

AssetChain has successfully raised a total of $1.26M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $561 thousand completed in March 2026. 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 $1.26M
  • Total Rounds 6
  • Last Round Seed β€” $560,995
  • First Round $30,666

    (Mar 2021)

  • Investors Count 12

All 6 funding rounds of AssetChain with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$560,995Seed–SucSEED Indovation
–
Oct 2023$48,053Seed–SucSEED Indovation
–
Sep 2023$45,120Angel Round––
–
Aug 2023$205,372Seed$18.34MSucSEED Indovation
Feb 2022$374,763Seed$18.35MSucSEED Indovation
Mar 2021$30,666Angel Round$β€’β€’β€’β€’β€’Ramanathan V
Valuation history
DateValuationStage
Aug 2023$18.34Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2022$18.35Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $18.34M (Aug 2023). 12 investors in total: 1 institutional and 11 angel.

Investors in AssetChain

AssetChain has secured backing from 12 investors, including angel and venture fund investors. Prominent investors backing the company include SucSEED Indovation, Ashok Kumar Barat and Ramanathan V.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investment in early to growth-stage tech startups across various sectors.
2016sucseed-indovation.comHyderabad, India

Ashok Kumar Barat

unknown_c9a0c0a602b34da7a

Ramanathan V

Angel investor, ex-entrepreneur, focused on tech startups in India
unknown_0e046f59ee02454ea

Harvinderjit Singh Bhatia

unknown_c24d66baa3ba43239

Namrata Kaul

unknown_dfdd9bc17c5047a4a

Neeraj Jain

Angel investor, ex-CEO of Patni Computer Systems, active in tech startups
unknown_83afea31229f4e67b

Sanjay Malhotra

Angel investor and entrepreneur, focused on tech startups in India.
unknown_43d9441ca2ea4495b

Amandeep Aman

unknown_5e0346e4ba5b48ec8

Vivek Dhir

Angel investor and entrepreneur, focused on tech startups in India.
unknown_f6318b65838d4f758

Aditya Poddar

Angel investor, Managing Director at Podar Enterprise, focused on tech startups
unknown_8ccbe80fbc3041a18
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Investor details for AssetChain

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 Asset Chain Techlligence Private Limited (AssetChain)

Asset Chain Techlligence Private Limited is the primary company behind AssetChain. The board of Asset Chain Techlligence Private Limited currently have 3 directors; the longest-serving is Samit Surendra Singhai, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Samit Surendra Singhai
DIN 00907782
Director19 Dec 20196 yrs 10 moAsset Chain Techlligence Private Limited
Mayur Ashok Zamvar
DIN 00854887
Director19 Dec 20196 yrs 10 moAsset Chain Techlligence Private Limited
Paresh Jethalal Raja
DIN 00763487
Director11 Aug 20262 moAsset Chain Techlligence Private Limited

People of AssetChain

2 people are tracked at AssetChain (2 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Mayur Zanwar
Co-FounderLeadership
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Complete people profiles for AssetChain

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 AssetChain

Figures of Asset Chain Techlligence Private Limited, the primary company behind AssetChain, for FY 2026. Revenue was ₹15.10 Cr (+20% year on year). Net profit was ₹2.42 Cr (16% margin). EBITDA was ₹3.42 Cr (23% margin). Revenue has grown at a compounded annual rate of +324% over three years.

  • ₹15.10 CrRevenue · FY 2026 · +20% YoY
  • ₹2.42 CrNet profit · 16% margin
  • ₹3.42 CrEBITDA · 23% margin
  • ₹2.6 LakhPaid-up capital
  • 55Employees (provident fund records)
  • +324%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Asset Chain Techlligence Private Limited are on its company page.

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Detailed financial statements for AssetChain

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 AssetChain

4 dated milestones of AssetChain across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded AssetChain is founded.
  2. Funding First funding round of $31K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $561K.

Web traffic of AssetChain

The website of AssetChain (assetchain.in) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 7.4% vs previous month

Top companies in Education Technology Platforms

3 companies that operate in the same segment as AssetChain (Education Technology Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online educational resources and test preparation for exams are provided.
2016Noida, Uttar Pradesh, IndiaUSD 275 MUSD 415.66 M15,046
AI-powered robots are provided as companions for children.
2015Mumbai, Maharashtra, IndiaUSD 107.78 M
Integrated edtech systems are provided for K-12 schools.
2012Mumbai, Maharashtra, IndiaUSD 172.33 MUSD 43.22 M1,140
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Frequently Asked Questions about AssetChain

AssetChain was founded in 2019 and raised its 1st funding round 2 years after it was founded.

AssetChain is headquartered in Amravati, India. It is registered at Amravati, Maharashtra, India.

AssetChain is a funded company, having raised a total of $1.26M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $30.67K, raised on Mar 2021.

AssetChain has 1 employees.

The primary company behind AssetChain, Asset Chain Techlligence Private Limited, reported revenue of β‚Ή15.10 Cr for FY 2026, up 20% year on year.

AssetChain was established in 2019 in Amravati, India, within the blockchain sector. Solutions for identity and asset management are developed using blockchain. Key products include My Digi ID for personal documentation, Charge Spot for electric vehicle charging, and TruScholar for issuing academic credentials. Services are extended to banks, insurers, and educational institutions across various applications.

AssetChain offers Blockchain Development, Smart Contract Development, Blockchain Consulting, and DApp Development.

AssetChain has 12 investors. Key investors include SucSEED Indovation, Ashok Kumar Barat, Ramanathan V, Harvinderjit Singh Bhatia, and Namrata Kaul.

The valuation of AssetChain is $18.34M as of Aug 2023.

AssetChain operates through Asset Chain Techlligence Private Limited.

The legal entities of AssetChain currently have 3 directors, including Samit Surendra Singhai, Mayur Ashok Zamvar, Paresh Jethalal Raja.

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