About FactoryPlus
FactoryPlus is a company based in Noida (India) founded in 2021 by Vatsal Rustagi was acquired by Bizongo in November 2023.. FactoryPlus has raised $492.46 thousand across 1 funding round from investors including Angel List, Bizongo and Wellfound. The company has 3 employees as of April 06, 2024. FactoryPlus offers products and services including Live Inventory Tracking, Production Orders, Factory Reports, and One-click Stock Update. FactoryPlus operates in a competitive market with competitors including MAVERICK Technologies, Luminovo, ATS Applied Tech Systems, China Intelligence and Steelhead Technologies, among others.
- Headquarter Noida, India
- Employees 3 as on 06 Apr, 2024
- Founders Vatsal Rustagi
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Factory One Private Limited
- Date of Incorporation 05 May, 2021
- Jurisdiction Ghaziabad, Uttar Pradesh, India
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Annual Revenue
$4.79 K (USD)0as on Mar 31, 2022
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Net Profit
$-40.63 K (USD)0as on Mar 31, 2022
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EBITDA
$-58.41 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$492.46 K (USD)
in 1 rounds
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Latest Funding Round
$492.46 K (USD), Seed
Sep 07, 2021
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Investors
Angel List
& 8 more
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Employee Count
3
as on Apr 06, 2024
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Acquired by
Bizongo
(Nov 21, 2023)
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Products & Services of FactoryPlus
FactoryPlus offers a comprehensive portfolio of products and services, including Live Inventory Tracking, Production Orders, Factory Reports, and One-click Stock Update. 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.
Real-time monitoring of stock levels in factories.
Creation of simple job-cards for supervisors.
Generation of production and consumption reports.
Quick recording of stock changes by staff.
Funding Insights of FactoryPlus
FactoryPlus has successfully raised a total of $492.46K through 1 strategic funding round. The most recent funding activity was a Seed round of $492.46 thousand completed in September 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 Total Funding
- Total Rounds 1
- Last Round Seed — $492,462
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First Round
First Round
(07 Sep 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - FactoryPlus | Valuation | Wellfound , AngelList |
| 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 FactoryPlus
FactoryPlus has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Angel List, Bizongo and Wellfound. 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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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Startup jobs are connected to individuals via a dedicated platform.
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Founded Year | Domain | Location | |
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Alternative investment platform for startups and investors is operated.
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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 FactoryPlus
| 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 - FactoryPlus
| 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 |
Factoryplus Comparisons
Competitors of FactoryPlus
FactoryPlus 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 MAVERICK Technologies, Luminovo, ATS Applied Tech Systems, China Intelligence and Steelhead Technologies, 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 |
Industrial automation and process control solutions are delivered to manufacturing.
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| domain | founded_year | HQ Location |
Software suite for electronics supply chain management is provided.
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| domain | founded_year | HQ Location |
Products and services for automation pyramid levels are provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for manufacturing and logistics are provided.
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| domain | founded_year | HQ Location |
Provider of a platform offering reporting and dashboarding solutions
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| domain | founded_year | HQ Location |
MES software is supplied for high-tech manufacturing sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Factoryplus
Frequently Asked Questions about FactoryPlus
When was FactoryPlus founded?
FactoryPlus was founded in 2021.
Where is FactoryPlus located?
FactoryPlus is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is FactoryPlus a funded company?
FactoryPlus is a funded company, having raised a total of $492.46K across 1 funding round to date. The company's 1st funding round was a Seed of $492.46K, raised on Sep 07, 2021.
How many employees does FactoryPlus have?
As of Apr 06, 2024, the latest employee count at FactoryPlus is 3.
What is the annual revenue of FactoryPlus?
Annual revenue of FactoryPlus is $4.79K as on Mar 31, 2022.
What does FactoryPlus do?
FactoryPlus was founded in 2021 and is headquartered in Noida, India. A cloud-based platform is provided for factory management within the manufacturing industry. Operations are supported through features such as bookkeeping and order processing, vendor and customer oversight, employee and hiring administration, as well as logistics and transportation handling. The software enables streamlined processes for manufacturers across various production needs.
Who are the top competitors of FactoryPlus?
FactoryPlus's top competitors include MAVERICK Technologies, Luminovo and ATS Applied Tech Systems.
What products or services does FactoryPlus offer?
FactoryPlus offers Live Inventory Tracking, Production Orders, Factory Reports, and One-click Stock Update.
Who are FactoryPlus's investors?
FactoryPlus has 9 investors. Key investors include Angel List, Bizongo, Wellfound, Better Capital, and Kunal Bahl.
What is FactoryPlus's valuation?
The valuation of FactoryPlus is $4.08M as of Sep 2021.
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