AssetChain

Amravati, India Founded: 2019 • Age: 7 yrs
Blockchain technology is applied to identity and asset management.
Annual revenue $23,777 Latest available
Total funding $610,801 3 rounds
Employees 1 Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About AssetChain

AssetChain is a company based in Amravati (India) founded in 2019 by Samit Singhai and Mayur Zanwar. AssetChain has raised $610.8 thousand across 3 funding rounds from investors including SucSEED Indovation, Ashok Kumar Barat and Ramanathan V. The company has 1 employees as of April 08, 2024. AssetChain offers products and services including Blockchain Development, Smart Contract Development, Blockchain Consulting, and DApp Development. AssetChain operates in a competitive market with competitors including Parchment, ZeeMee, Sertifier, Pathbrite and Portfolium, among others.

  • Headquarter Amravati, India
  • Employees 1 as on 08 Apr, 2024
  • Founders Samit Singhai, Mayur Zanwar
  • Stage Minicorn
  • Sectors
    Education
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Asset Chain Techlligence Private Limited
  • Date of Incorporation 19 Dec, 2019
  • Jurisdiction Amravati, Maharashtra, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $23.78 K (USD)
    507.62
    as on Mar 31, 2023
  • Net Profit
    -$135.14 K (USD)
    -300.69
    as on Mar 31, 2023
  • EBITDA
    -$96.69 K (USD)
    -187.6
    as on Mar 31, 2023
  • Total Equity Funding
    $610.8 K (USD)

    in 3 rounds

  • Latest Funding Round
    $205.37 K (USD), Seed

    Aug 04, 2023

  • Investors
  • Employee Count
    1

    as on Apr 08, 2024

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Products & Services of AssetChain

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

Product name locked
Category locked
Primary

Service for building decentralized blockchain infrastructures

Product name locked
Category locked
Locked

Development of secure and automated smart contracts

Product name locked
Category locked
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Advisory for implementing blockchain solutions

Product name locked
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Creation of decentralized applications for businesses

Funding Insights of AssetChain

AssetChain has successfully raised a total of $610.8K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $205.37 thousand completed in August 2023. 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.

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
Investor Description Founded Year Domain Location
Investment in early to growth-stage tech startups across various sectors.
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Ashok Kumar Barat

-
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Ramanathan V

Angel investor, ex-entrepreneur, focused on tech startups in India
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Investor details for AssetChain

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Investments & Acquisitions by AssetChain

Investments
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Investment portfolio details for AssetChain

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  • Transaction dates
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Financial Statements - AssetChain

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Detailed financials for AssetChain

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  • Profit trends
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Assetchain Comparisons

AssetChain Primary company
Description
Blockchain technology is applied to identity and asset manag...
Location
Amravati, India
Founded Year
2019
Annual Revenue
$23.78 K (USD)
Net Profit
-$135.14 K (USD)
EBITDA
-$96.69 K (USD)
Employees
1
As of 2024
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Peer comparison for AssetChain

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Competitors of AssetChain

AssetChain 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 Parchment, ZeeMee, Sertifier, Pathbrite and Portfolium, among others.

Company Name Domain Founded year HQ Location Description
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Electronic transcripts are verified and shared securely through Parchment's platform.
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Digital portfolios are supplied to enhance college admissions applications.
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Provider of digital credentials management tool
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E-portfolios are built for educators to document student achievements.
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Students and employers are connected via digital skills portfolios.
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Alternative freshman year program is provided via university partnerships.
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Detailed competitors of AssetChain

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Latest news on Assetchain

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Complete news archive for AssetChain

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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 $610.8K across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at AssetChain is 1.

Annual revenue of AssetChain is $23.78K as on Mar 31, 2023.

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's top competitors include Parchment, ZeeMee and Pathbrite.

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.

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