About Bluesinq
Bluesinq is a company based in Chennai (India) founded in 2015 by Pavan Kumar Baduru. Bluesinq operates in a competitive market with competitors including Cubical, PicoStone, Smartnode, Wozart and iSwitchBox, among others.
- Headquarter Chennai, India
- Founders Pavan Kumar Baduru
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website bluesinq.com
- Social LinkedIn X Facebook
- Legal Name Bluesinq Automations Private Limited
- Date of Incorporation 09 Mar, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹14.8 Lakh
FY 2021 · -72% YoY
- Net Loss-₹7.2 Lakh
FY 2021 · -48% margin
- EBITDA-₹11.5 Lakh
FY 2021 · -78% margin
- Investors
Associated legal entities of Bluesinq
Bluesinq operates through Bluesinq Automations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bluesinq Automations Private Limited CIN U74900TN2015PTC099550 | Active | 09 Mar 2015 | Chennai, Tamil Nadu | ₹0.1 Cr | – | 2 | View details |
Funding Insights of Bluesinq
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Bluesinq 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 |
|---|---|---|---|---|---|
| Jun 2015 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Bluesinq
Bluesinq has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include RTBI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups in rural technologies are incubated by government-backed RTBI. | – | rtbi.in | Chennai, India |
Investor details for Bluesinq
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 Bluesinq Automations Private Limited (Bluesinq)
Bluesinq Automations Private Limited is the primary company behind Bluesinq. The board of Bluesinq Automations Private Limited currently have 2 directors; the longest-serving is Deepak Chanchal Koyalada, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Chanchal Koyalada DIN 07043469 | Director | 09 Mar 2015 | 11 yrs 7 mo | Bluesinq Automations Private Limited |
| Rohit Komaragunta DIN 07549786 | Director | 23 Jun 2016 | 10 yrs 3 mo | Bluesinq Automations Private Limited |
People of Bluesinq
1 people are tracked at Bluesinq (1 in leadership).
| Name | Role | Group |
|---|---|---|
Pavan Kumar Baduru | Co-Founder | Leadership |
Complete people profiles for Bluesinq
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 Bluesinq
Figures of Bluesinq Automations Private Limited, the primary company behind Bluesinq, for FY 2021. Revenue was ₹14.8 Lakh (-72% year on year). Net loss was -₹7.2 Lakh (-48% margin). EBITDA was -₹11.5 Lakh (-78% margin). Revenue has grown at a compounded annual rate of +12% over three years.
- ₹14.8 LakhRevenue · FY 2021 · -72% YoY
- -₹7.2 LakhNet loss · -48% margin
- -₹11.5 LakhEBITDA · -78% margin
- ₹1 LakhPaid-up capital
- +12%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Bluesinq Automations Private Limited are on its company page.
Detailed financial statements for Bluesinq
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 Bluesinq
2 dated milestones of Bluesinq, from founding to its latest funding, stage changes and deals.
- Founded Bluesinq is founded.
- Funding First funding round.
Competitors of Bluesinq
Bluesinq 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 Cubical, PicoStone, Smartnode, Wozart and iSwitchBox, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cubical.in | 2013 | Delhi, India | $1.03M | 10 | IoT-based home automation solutions are developed for residential buildings. | |
| picostone.com | 2016 | Mumbai, India | $293,393 | – | Smart home devices for appliance control are developed by PicoStone. | |
| smartnode.in | 2016 | Vadodara, India | $329,030 | 60 | End-to-end home automation solutions are developed for residential buildings. | |
| wozart.com | 2016 | Hyderabad, India | – | – | Offers smart home devices and apps for wireless control and monitoring. | |
| iswitchbox.com | 2015 | Pune, India | – | – | Provides smart switch boxes and dimmers to enhance home automation systems. | |
| powahome.com | 2016 | Rome, Italy | – | – | Remote control is enabled for normal switches using WiFi-based devices. |
Detailed competitors of Bluesinq
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Bluesinq
10 companies that operate in the same segment as Bluesinq (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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Frequently Asked Questions about Bluesinq
Bluesinq was founded in 2015.
Bluesinq is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Bluesinq, Bluesinq Automations Private Limited, reported revenue of ₹14.8 Lakh for FY 2021, down 72% year on year.
Bluesinq was founded in 2015 and incubated at IIT Madras in Chennai, India. Home automation devices are developed by the company, focusing on retrofittable wall switches, a wall-mounted display serving as a control panel, and customizable LED lights. Operations center on creating solutions to automate residential environments through connected hardware.
Bluesinq has 1 investor. Key investors include RTBI.
Bluesinq operates through Bluesinq Automations Private Limited.
The legal entities of Bluesinq currently have 2 directors, including Rohit Komaragunta, Deepak Chanchal Koyalada.