About CIMET
CIMET is an Energy & Utilities company based in Sydney (Australia) founded in 2016 by Ankit Jain. White-label platform for customer experience management is provided. CIMET has raised $26.6 million across 1 funding round from investors including iSelect. The company has 74 employees. Its chief executive, as recorded, is Ankit Jain. Its Indian entity Vconnex Private Limited reported revenue of ₹11.32 Cr. CIMET offers products and services including White-Label Comparison Platform, Energy Comparison Service, and Broadband Comparison Service. Its focus areas include Energy Tech, Energy Efficiency Tech, ESCO and Utility Comparison and Switching.
Company details
CIMET was founded in 2016 in Sydney, Australia, as a provider in the customer experience management sector. A white-label platform is offered, featuring a real-time dashboard for automated marketing and concierge assistance, along with website customization capabilities. An end-to-end digital comparison system is included to shorten conversion times, supported by personalized rewards and loyalty programs for enhanced user engagement.
- Headquarters Sydney, Australia
- Employees 74
- Founders Ankit Jain
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website cimet.com.au
- Social LinkedIn X Facebook
- Legal Name Vconnex Private Limited
- Date of Incorporation 15 May, 2017
- Jurisdiction Jaipur, Rajasthan, India
- Indian entity revenue₹11.32 Cr
FY 2024 · +74% YoY
- Indian entity net profit₹50.3 Lakh
FY 2024 · 4% margin
- Indian entity EBITDA₹1.02 Cr
FY 2024 · 9% margin
- Total Equity Funding$26.6M (USD)
in 1 rounds
- Latest Funding Round$26.6M (USD), Series B
Mar 2022
- Investors
- Employee Count74
Associated legal entities of CIMET
CIMET operates through Vconnex 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 |
|---|---|---|---|---|---|---|---|
| Vconnex Private Limited CIN U72200RJ2017PTC057996 | Active | 15 May 2017 | Jaipur, Rajasthan | ₹11.3 Cr | 74 | 4 | View details |
Products & Services of CIMET
CIMET offers a comprehensive portfolio of products and services, including White-Label Comparison Platform, Energy Comparison Service, and Broadband Comparison Service.
Enables brands to integrate tools for comparing utilities and services.
Assists users in comparing energy plans and finding suitable options.
Helps compare broadband options for better connectivity deals.
Funding Insights of CIMET
CIMET has successfully raised a total of $26.6M through 1 strategic funding round. The most recent funding activity was a Series B round of $26.6 million completed in March 2022. 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 $26.6M
- Total Rounds 1
- Last Round Series B — $26.6M
- First Round $26.6M
(Mar 2022)
- Investors Count 1
All 1 funding rounds of CIMET 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 |
|---|---|---|---|---|---|
| Mar 2022 | $26.6M | Series B | – | – |
1 investors in total: 1 institutional.
Investors in CIMET
CIMET has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iSelect.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial products and utilities are compared online by iSelect. | 1999 | iselect.com.au | Cheltenham, Australia |
Investor details for CIMET
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Vconnex Private Limited (CIMET)
Vconnex Private Limited is the primary company behind CIMET. The board of Vconnex Private Limited currently have 4 directors; the longest-serving is Trevor Jeffords, appointed in 2023. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Trevor Jeffords DIN 10300115 | Director | 31 Aug 2023 | 3 yrs 2 mo | Vconnex Private Limited |
| Kangatharan Ram Shanker DIN 10982856 | Additional Director | 25 Mar 2025 | 1 yr 7 mo | Vconnex Private Limited |
| Disha Toshniwal DIN 07017860 | Director | 17 Sep 2025 | 1 yr 1 mo | Vconnex Private Limited |
| Aditya Saxena Kunwar DIN 03218483 | Director | 23 Sep 2025 | 1 yr 1 mo | Vconnex Private Limited |
People of CIMET
37 people are tracked at CIMET (10 in leadership, 27 in team); the tracked headcount is 74.
| Name | Role | Group |
|---|---|---|
Ankit Jain | Founder & CEO | Leadership |
Neha Jain | General Manager Compliance | Leadership |
Mallarswami Nonvinkere | Head Of Engineering | Leadership |
Kavi Yadav | Head Of Customer Support | Leadership |
Vipul Sippy (Ca | Head Of Finance | Leadership |
Rubal Jain | Chief Of Products | Leadership |
Harsha Ashok | Operations And Partnerships Director | Leadership |
| Chief Financial Officer | Leadership | |
Tim Shepherd | Chief Operating Officer | Leadership |
Raj Jain | Cofounder & Chief Operations Officer | Leadership |
Don Wan | Full-stack Developer | Team |
Nandraj Choudhary | Quality Assurance Manager | Team |
Yogesh Pandey | Quality Assurance Manager | Team |
Manan Sarawgi | Operations Program Manager | Team |
Shubhankit Kholia | Client Project Manager | Team |
Ramakant Gharyav | Data Administrator At Cimet | Team |
Apurva Khandelwal | Human Resources Manager | Team |
Gouri Shankar Kumawat | Software Engineer | Team |
Rajesh Kumawat | Senior Marketing Manager – Driving Growth Across Performance, Native & Integrated Campaigns At Cimet | Team |
Laxmi Agrawal | QA | Team |
17 more people are available in the full profile.
Complete people profiles for CIMET
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of CIMET
Figures of Vconnex Private Limited, the primary company behind CIMET, for FY 2024. Revenue was ₹11.32 Cr (+74% year on year). Net profit was ₹50.3 Lakh (4% margin). EBITDA was ₹1.02 Cr (9% margin). Revenue has grown at a compounded annual rate of +127% over three years and +109% over five years.
- ₹11.32 CrRevenue · FY 2024 · +74% YoY
- ₹50.3 LakhNet profit · 4% margin
- ₹1.02 CrEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 74Employees (provident fund records)
- +127%Revenue CAGR, 3 years
- +109%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vconnex Private Limited are on its company page.
Detailed financial statements for CIMET
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of CIMET
2 dated milestones of CIMET across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CIMET is founded.
- Funding First funding round of $26.6M.
Web traffic of CIMET
The website of CIMET (cimet.com.au) receives about 9.8K visits a month.
- Monthly visits9.8K
▲ 9.1% vs previous month
Websites whose visitors overlap most with CIMET. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
unbundl.com | unbundl.com | 100% | #2,397,129 | – | |
| google.com | 93% | 85.8B | #1 | View details |
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Related news about Cimet
Complete news archive for CIMET
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Frequently Asked Questions about CIMET
CIMET was founded in 2016 and raised its 1st funding round 6 years after it was founded.
CIMET is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Ankit Jain is the CEO of CIMET, as recorded in our data. They have also founded this company.
CIMET is a funded company, having raised a total of $26.6M across 1 funding round to date. The company's 1st funding round was a Series B of $26.6M, raised on Mar 2022.
CIMET has 74 employees.
The primary company behind CIMET, Vconnex Private Limited, reported revenue of ₹11.32 Cr for FY 2024, up 74% year on year.
CIMET was founded in 2016 in Sydney, Australia, as a provider in the customer experience management sector. A white-label platform is offered, featuring a real-time dashboard for automated marketing and concierge assistance, along with website customization capabilities. An end-to-end digital comparison system is included to shorten conversion times, supported by personalized rewards and loyalty programs for enhanced user engagement.
CIMET offers White-Label Comparison Platform, Energy Comparison Service, and Broadband Comparison Service.
CIMET has 1 investor. Key investors include iSelect.
CIMET operates through Vconnex Private Limited.
The legal entities of CIMET currently have 4 directors, including Trevor Jeffords, Aditya Saxena Kunwar, Disha Toshniwal and others.