About Digital blanket
Digital blanket is a Technology company based in Bengaluru (India) founded in 2011 by Anand Bhaskar, Sudhir Sarma, and Bala Chitoor. IoT platforms are developed for energy and asset monitoring. Digital blanket has raised $3.45 million across 1 funding round from investors including FutureIP Labs and Neelanchal Edifice. The company has 33 employees. Its chief executive, as recorded, is Anand Bhaskar. Its Indian entity Flamenco Tech (India) Private Limited reported revenue of ₹10.66 Cr. Digital blanket offers products and services including db Automate, db Energy, db Optima, db Spazio, and db Sensors. Its focus areas include High Tech, IoT Applications, Industry Agnostic and Asset Tracking.
Company details
Digital Blanket was founded in 2011 in Bengaluru, India, focusing on the IoT sector. Platforms for monitoring energy consumption and assets are offered to support residential and commercial applications. Operations center on data collection and analysis to optimize resource use across various installations. The company serves clients in the energy management and asset tracking fields, with a base in the Indian technology ecosystem.
- Headquarters Bengaluru, India
- Employees 33
- Founders Anand Bhaskar, Sudhir Sarma, Bala Chitoor
- SectorsTechnology
- Website digitalblanket.ai
- Social LinkedIn YouTube
- Legal Name Flamenco Tech (India) Private Limited
- Date of Incorporation 29 Apr, 2011
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.66 Cr
FY 2024 · +41% YoY
- Net Loss-₹4.89 Cr
FY 2024 · -46% margin
- EBITDA-₹4.38 Cr
FY 2024 · -41% margin
- Total Equity Funding$3.45M (USD)
in 1 rounds
- Latest Funding Round$3.45M (USD), Series A
Jul 2021
- InvestorsFutureIP Labs
& 1 more
- Employee Count33
Associated legal entities of Digital blanket
Digital blanket operates through Flamenco Tech (India) 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 |
|---|---|---|---|---|---|---|---|
| Flamenco Tech (India) Private Limited CIN U72200KA2011PTC058389 | Active | 29 Apr 2011 | Bangalore, Karnataka | ₹10.7 Cr | 33 | 2 | View details |
Products & Services of Digital blanket
Digital blanket offers a comprehensive portfolio of products and services, including db Automate, db Energy, db Optima, db Spazio, and db Sensors.
Automates building systems for energy efficiency and operations
Monitors and controls energy consumption with AI analytics
Manages assets and maintenance to minimize downtime
Optimizes space planning and employee experiences
Provides real-time data on occupancy and air quality
Apps and channels of Digital blanket
its YouTube channel Flamenco Tech India Pvt Ltd has 56 subscribers and 14 videos.
Videos from Digital blanket
The most watched videos on Digital blanket's YouTube channel, Flamenco Tech India Pvt Ltd (56 subscribers). Click a video to play it here.
More on Flamenco Tech India Pvt Ltd.
Funding Insights of Digital blanket
Digital blanket has successfully raised a total of $3.45M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.45 million completed in July 2021. 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 $3.45M
- Total Rounds 1
- Last Round Series A — $3.45M
- First Round $3.45M
(Jul 2021)
- Investors Count 2
All 1 funding rounds of Digital blanket 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 |
|---|---|---|---|---|---|
| Jul 2021 | $3.45M | Series A | – | FutureIP Labs |
2 investors in total: 2 institutional.
Investors in Digital blanket
Digital blanket has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FutureIP Labs and Neelanchal Edifice.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Construction services are provided in Bengaluru, India. | neelanchaledifice.tcc.mode | Bengaluru, India | ||
Provider of intellectual property services | 2009 | futureip.com | Bengaluru, India |
Investor details for Digital blanket
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Flamenco Tech (India) Private Limited (Digital blanket)
Flamenco Tech (India) Private Limited is the primary company behind Digital blanket. The board of Flamenco Tech (India) Private Limited currently have 2 directors; the longest-serving is Balasubramaniam Ramaswamy Chitoor, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balasubramaniam Ramaswamy Chitoor DIN 01676770 | Director | 29 Apr 2011 | 15 yrs 5 mo | Flamenco Tech (India) Private Limited |
| Harsh Ketan Desai DIN 07837134 | Director | 01 Apr 2024 | 2 yrs 6 mo | Flamenco Tech (India) Private Limited |
People of Digital blanket
3 people are tracked at Digital blanket (3 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
Anand Bhaskar | Co-Founder & CEO | Leadership |
Sudhir Sarma | Co-Founder | Leadership |
Bala Chitoor | Co-Founder | Leadership |
Complete people profiles for Digital blanket
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 Digital blanket
Figures of Flamenco Tech (India) Private Limited, the primary company behind Digital blanket, for FY 2024. Revenue was ₹10.66 Cr (+41% year on year). Net loss was -₹4.89 Cr (-46% margin). EBITDA was -₹4.38 Cr (-41% margin). Revenue has grown at a compounded annual rate of +19% over three years and -5% over five years.
- ₹10.66 CrRevenue · FY 2024 · +41% YoY
- -₹4.89 CrNet loss · -46% margin
- -₹4.38 CrEBITDA · -41% margin
- ₹2.1 LakhPaid-up capital
- 33Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Flamenco Tech (India) Private Limited are on its company page.
Detailed financial statements for Digital blanket
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Digital blanket
2 dated milestones of Digital blanket across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Digital blanket is founded.
- Funding First funding round of $3.5M.
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Related news about Digital Blanket
Complete news archive for Digital blanket
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Frequently Asked Questions about Digital blanket
Digital blanket was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Digital blanket is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anand Bhaskar is the CEO of Digital blanket, as recorded in our data. They have also founded this company.
Digital blanket is a funded company, having raised a total of $3.45M across 1 funding round to date. The company's 1st funding round was a Series A of $3.45M, raised on Jul 2021.
Digital blanket has 33 employees.
The primary company behind Digital blanket, Flamenco Tech (India) Private Limited, reported revenue of ₹10.66 Cr for FY 2024, up 41% year on year.
Digital Blanket was founded in 2011 in Bengaluru, India, focusing on the IoT sector. Platforms for monitoring energy consumption and assets are offered to support residential and commercial applications. Operations center on data collection and analysis to optimize resource use across various installations. The company serves clients in the energy management and asset tracking fields, with a base in the Indian technology ecosystem.
Digital blanket offers db Automate, db Energy, db Optima, db Spazio, and db Sensors.
Digital blanket has 2 investors. Key investors include FutureIP Labs, and Neelanchal Edifice.
Digital blanket operates through Flamenco Tech (India) Private Limited.
The legal entities of Digital blanket currently have 2 directors, including Balasubramaniam Ramaswamy Chitoor, Harsh Ketan Desai.