About AxelCon
AxelCon is a Technology company based in Mumbai (India) founded in 2013. It provides AI, IoT, and automation products for industrial sectors and home use. It operates on a B2B and SaaS model. Its Indian entity Accel Controls Private Limited reported revenue of ₹97.1 Lakh. AxelCon offers products and services including AI Based Smart Weighbridge, Face Recognition, Centrifuge Machine, and Home Automation. Its focus areas include Industrial, Machine Automation, Manufacturing and Equipment Control.
Company details
Axelcon develops and supplies technology solutions including AI for surveillance and face recognition, IoT for machinery and home automation, and machine tools for industrial processes. The company operates by providing products to equipment manufacturers and users in pharma and energy sectors. Based in Mumbai, India, it focuses on data acquisition and energy management to enhance efficiency for clients in manufacturing and healthcare.
- Headquarters Mumbai, India
- SectorsTechnology
- Email••••••••
- Website axelcon.com
- Social LinkedIn X Facebook
- Legal Name Accel Controls Pvt. Ltd.
- Date of Incorporation 19 Dec, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹97.1 Lakh
FY 2024 · +20% YoY
- Net Loss-₹2.8 Lakh
FY 2024 · -3% margin
- EBITDA-₹1.6 Lakh
FY 2024 · -2% margin
Associated legal entities of AxelCon
AxelCon operates through Accel Controls 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 |
|---|---|---|---|---|---|---|---|
| Accel Controls Private Limited CIN U72900MH2013PTC251187 | Active | 19 Dec 2013 | Mumbai, Maharashtra | ₹1.0 Cr | 2 | View details |
Products & Services of AxelCon
AxelCon offers a comprehensive portfolio of products and services, including AI Based Smart Weighbridge, Face Recognition, Centrifuge Machine, and Home Automation.
AI system for accurate weighing in industrial settings
AI tool for identifying individuals in surveillance
Device for separating materials in industrial processes
IoT solutions for controlling home devices remotely
Board of directors of Accel Controls Private Limited (AxelCon)
Accel Controls Private Limited is the primary company behind AxelCon. The board of Accel Controls Private Limited currently have 2 directors; the longest-serving is Sushil Ramakant Gavankar, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sushil Ramakant Gavankar DIN 06702984 | Director | 19 Dec 2013 | 12 yrs 10 mo | Accel Controls Private Limited |
| Prasanna Ramakant Joshi DIN 06692501 | Director | 22 Dec 2015 | 10 yrs 10 mo | Accel Controls Private Limited |
Financials of AxelCon
Figures of Accel Controls Private Limited, the primary company behind AxelCon, for FY 2024. Revenue was ₹97.1 Lakh (+20% year on year). Net loss was -₹2.8 Lakh (-3% margin). EBITDA was -₹1.6 Lakh (-2% margin). Revenue has grown at a compounded annual rate of -7% over three years and -2% over five years.
- ₹97.1 LakhRevenue · FY 2024 · +20% YoY
- -₹2.8 LakhNet loss · -3% margin
- -₹1.6 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- -7%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Accel Controls Private Limited are on its company page.
Detailed financial statements for AxelCon
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Frequently Asked Questions about AxelCon
AxelCon was founded in 2013.
AxelCon is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind AxelCon, Accel Controls Private Limited, reported revenue of ₹97.1 Lakh for FY 2024, up 20% year on year.
Axelcon develops and supplies technology solutions including AI for surveillance and face recognition, IoT for machinery and home automation, and machine tools for industrial processes. The company operates by providing products to equipment manufacturers and users in pharma and energy sectors. Based in Mumbai, India, it focuses on data acquisition and energy management to enhance efficiency for clients in manufacturing and healthcare.
AxelCon offers AI Based Smart Weighbridge, Face Recognition, Centrifuge Machine, and Home Automation.
AxelCon operates through Accel Controls Private Limited.
The legal entities of AxelCon currently have 2 directors, including Prasanna Ramakant Joshi, Sushil Ramakant Gavankar.