About Aviconn
Aviconn is a Business Services company based in Gurugram (India) founded in 2015 by Manish Gupta and Tapan Kapoor. Provider of products for home automation. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Aviconn has raised $421.11 thousand across 3 funding rounds from investors including Salil Garg. Aviconn was last valued at $3.67 million in May 2023. Its Indian entity Aviconn Solutions Private Limited reported revenue of ₹1.76 Cr. Aviconn offers products and services including Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Monitoring System and Building Monitoring.
Company details
Aviconn was founded in 2015 and is based in Gurugram, India. Operations focus on the home automation sector, where a platform for smart lighting is provided alongside video monitoring devices for security. Air sensors are supplied to detect quality levels and alert for fire risks, while energy consumption monitoring solutions are offered with recommendations for reduction.
- Headquarters Gurugram, India
- Founders Manish Gupta, Tapan Kapoor
- Stage Minicorn
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website aviconn.in
- Social LinkedIn X Facebook
- Legal Name Aviconn Solutions Private Limited
- Date of Incorporation 23 Oct, 2015
- Jurisdiction Air Force, Haryana, India
- Annual Revenue₹1.76 Cr
FY 2024 · +98% YoY
- Net Profit₹8.5 Lakh
FY 2024 · 5% margin
- EBITDA₹62.7 Lakh
FY 2024 · 36% margin
- Total Equity Funding$421.11K (USD)
in 3 rounds
- Latest Funding Round$169.49K (USD), Angel Round
May 2023
Associated legal entities of Aviconn
Aviconn operates through Aviconn Solutions 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 |
|---|---|---|---|---|---|---|---|
| Aviconn Solutions Private Limited CIN U72900HR2015PTC057065 | Active | 23 Oct 2015 | Air Force, Haryana | ₹1.8 Cr | 3 | View details |
Products & Services of Aviconn
Aviconn offers a comprehensive portfolio of products and services, including Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights.
Monitors warehouse activity to control and reduce energy consumption.
Activates lights during activity and deactivates when idle.
Adjusts appliances based on temperature and activity levels.
Collects data for improving warehouse operational efficiencies.
Funding Insights of Aviconn
Aviconn has successfully raised a total of $421.11K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $169.49 thousand completed in May 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.
- Total Funding $421,109
- Total Rounds 3
- Last Round Angel Round — $169,492
- First Round $106,215
(Sep 2022)
- Investors Count 1
All 3 funding rounds of Aviconn 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 |
|---|---|---|---|---|---|
| May 2023 | $169,492 | Angel Round | $3.67M | – | – |
| Dec 2022 | $145,402 | Angel Round | $1.31M | Salil Garg | – |
| Sep 2022 | $106,215 | Angel Round | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $3.67M | •••••••• |
| Dec 2022 | $1.31M | •••••••• |
| Sep 2022 | $••••• | •••••••• |
Full valuation and stage history of Aviconn
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $3.67M (May 2023). 1 investors in total: 0 institutional and 1 angel.
Investors in Aviconn
Aviconn has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Salil Garg.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SG Salil Garg | unknown_9607cdd712114f8c8 |
Investor details for Aviconn
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Board of directors of Aviconn Solutions Private Limited (Aviconn)
Aviconn Solutions Private Limited is the primary company behind Aviconn. The board of Aviconn Solutions Private Limited currently have 3 directors; the longest-serving is Manish Gupta, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Gupta DIN 07245687 | Director | 23 Oct 2015 | 11 yrs | Aviconn Solutions Private Limited |
| Tapan Kapoor DIN 07381845 | Director | 22 Dec 2015 | 10 yrs 10 mo | Aviconn Solutions Private Limited |
| Salil Garg DIN 07124996 | Director | 15 Nov 2023 | 2 yrs 11 mo | Aviconn Solutions Private Limited |
People of Aviconn
2 people are tracked at Aviconn (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Aviconn
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Financials of Aviconn
Figures of Aviconn Solutions Private Limited, the primary company behind Aviconn, for FY 2024. Revenue was ₹1.76 Cr (+98% year on year). Net profit was ₹8.5 Lakh (5% margin). EBITDA was ₹62.7 Lakh (36% margin). Revenue has grown at a compounded annual rate of +59% over three years and +23% over five years.
- ₹1.76 CrRevenue · FY 2024 · +98% YoY
- ₹8.5 LakhNet profit · 5% margin
- ₹62.7 LakhEBITDA · 36% margin
- ₹1.3 LakhPaid-up capital
- +59%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aviconn Solutions Private Limited are on its company page.
Detailed financial statements for Aviconn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Aviconn
4 dated milestones of Aviconn across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Aviconn is founded.
- Funding First funding round of $106K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $169K.
Top companies in Facility Management Platforms
2 companies that operate in the same segment as Aviconn (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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Frequently Asked Questions about Aviconn
Aviconn was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Aviconn is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Aviconn is a funded company, having raised a total of $421.11K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $106.22K, raised on Sep 2022.
The primary company behind Aviconn, Aviconn Solutions Private Limited, reported revenue of ₹1.76 Cr for FY 2024, up 98% year on year.
Aviconn was founded in 2015 and is based in Gurugram, India. Operations focus on the home automation sector, where a platform for smart lighting is provided alongside video monitoring devices for security. Air sensors are supplied to detect quality levels and alert for fire risks, while energy consumption monitoring solutions are offered with recommendations for reduction.
Aviconn offers Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights.
Aviconn has 1 investor. Key investors include Salil Garg.
The valuation of Aviconn is $3.67M as of May 2023.
Aviconn operates through Aviconn Solutions Private Limited.
The legal entities of Aviconn currently have 3 directors, including Tapan Kapoor, Manish Gupta, Salil Garg.