About Detect Technologies
Detect Technologies is a company based in Chennai (India) founded in 2016 by Tarun Mishra, Karthik Rajasekaran, Harikrishnan A S, and Daniel Raj David. It operates as a AI-as-a-Service, and Managed Services. Detect Technologies has raised $45.68 million across 7 funding rounds from investors including Shell, Accel and Naspers. The company has 322 employees as of April 09, 2024. Detect Technologies offers products and services including T-Pulse, Workplace Safety, Workplace Operations, Workplace Inspections, and Workplace Security. Detect Technologies operates in a competitive market with competitors including Fero Labs, Oden Technologies, ndustrial, Altizon and Mareana, among others.
- Headquarter Chennai, India
- Employees 322 as on 09 Apr, 2024
- Founders Tarun Mishra, Karthik Rajasekaran, Harikrishnan A S, Daniel Raj David
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Detect Technologies
- Jurisdiction Tambaram, Tamil Nadu, India
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Annual Revenue
$3.14 M (USD)205.28as on Mar 31, 2023
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Net Profit
$-4.19 M (USD)-28.21as on Mar 31, 2023
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EBITDA
$-4.45 M (USD)-35.95as on Mar 31, 2023
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Total Equity Funding
$45.68 M (USD)
in 7 rounds
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Latest Funding Round
$28 M (USD), Series B
Jul 11, 2022
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Investors
Shell
& 37 more
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Employee Count
322
as on Apr 09, 2024
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Products & Services of Detect Technologies
Detect Technologies offers a comprehensive portfolio of products and services, including T-Pulse, Workplace Safety, Workplace Operations, Workplace Inspections, and Workplace Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI solution for workplace safety and productivity enhancement.
Monitors compliance with international safety protocols effectively.
Streamlines industrial project efficiency with AI management tools.
Enhances asset performance through continuous predictive maintenance.
Provides comprehensive security for assets and personnel daily.
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Funding Insights of Detect Technologies
Detect Technologies has successfully raised a total of $45.68M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $28 million completed in July 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 Total Funding
- Total Rounds 7
- Last Round Series B — $28.0M
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First Round
First Round
(20 Jun 2017)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - Detect Technologies | Valuation | Prosus | |
| Apr, 2022 | Amount | Series B - Detect Technologies | Valuation | Shell | |
| Jun, 2021 | Amount | Series B - Detect Technologies | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Detect Technologies
Detect Technologies has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shell, Accel and Naspers. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech companies are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Detect Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Detect Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Detect Technologies Comparisons
Competitors of Detect Technologies
Detect Technologies 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 Fero Labs, Oden Technologies, ndustrial, Altizon and Mareana, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Machine learning analytics are provided for industrial process optimization.
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| domain | founded_year | HQ Location |
Real-time visual data analytics platform is offered for manufacturing.
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| domain | founded_year | HQ Location |
Provider of energy consumption analytics solutions
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| domain | founded_year | HQ Location |
Industrial IoT platforms for factory and asset monitoring are provided.
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| domain | founded_year | HQ Location |
AI-based platform offering digital transformation and data analysis solutions to businesses
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| domain | founded_year | HQ Location |
High technology services and solutions are provided by GrayMatter.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Detect Technologies
Frequently Asked Questions about Detect Technologies
When was Detect Technologies founded?
Detect Technologies was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Detect Technologies located?
Detect Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Detect Technologies?
Daniel Raj David is the current CEO of Detect Technologies. They have also founded this company.
Is Detect Technologies a funded company?
Detect Technologies is a funded company, having raised a total of $45.68M across 7 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Jun 20, 2017.
How many employees does Detect Technologies have?
As of Apr 09, 2024, the latest employee count at Detect Technologies is 322.
What is the annual revenue of Detect Technologies?
Annual revenue of Detect Technologies is $3.14M as on Mar 31, 2023.
What does Detect Technologies do?
Detect Technologies is engaged in providing AI-driven solutions for industrial workplaces, emphasizing safety, productivity, and operational efficiency. The companys flagship product, T-Pulse, is designed as a comprehensive tool for monitoring workplace safety, streamlining operations, conducting inspections, and ensuring security. Services are tailored for heavy industries such as oil and gas, logistics, paper and pulp, and data center construction. Solutions offered by Detect Technologies are trusted by global enterprises to enhance risk management and achieve sustainability goals. The company is recognized for setting benchmarks in safety and productivity through continuous innovation and real-time analytics.
Who are the top competitors of Detect Technologies?
Detect Technologies's top competitors include Altizon, Oden Technologies and ndustrial.
What products or services does Detect Technologies offer?
Detect Technologies offers T-Pulse, Workplace Safety, Workplace Operations, Workplace Inspections, and Workplace Security.
Who are Detect Technologies's investors?
Detect Technologies has 38 investors. Key investors include Shell, Accel, Naspers, Prosus, and Bharat Fund.
What is Detect Technologies's valuation?
The valuation of Detect Technologies is $137.64M as of Jul 2022.