About FlexiMC
FlexiMC was a Technology company based in Bengaluru (India) founded in 2014 by Feroz MD and Azmathulla Shaik. It provides AI and IoT-enabled solutions for building energy management. It operates on a B2B model. FlexiMC has raised $85.65 thousand across 1 funding round from investors including Ramesh Kumar Palanisamy and Azmathulla Shaik. FlexiMC was last valued at $1.74 million in August 2017. Its chief executive, as recorded, is Feroz MD. Its Indian entity Fleximc Solutions Private Limited reported revenue of ₹1.43 Cr. The company is recorded as dissolved. Its focus areas include Energy Management, Smart Buildings and AI and IoT Solutions.
Company details
FlexiMC, backed by 85649.0 from Ramesh Kumar Palanisamy, Azmathulla Shaik, focuses on leveraging cutting-edge technology, managing energy systems, developing smart building solutions, and ai and iot solutions. Provides AI and IoT-enabled solutions for building energy management. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Bengaluru, India
- Founders Feroz MD, Azmathulla Shaik
- Stage Minicorn
- SectorsTechnology
- Website fleximc.com
- Social X Facebook
- Legal Name Fleximc Solutions Private Limited
- Date of Incorporation 29 Jan, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.43 Cr
FY 2020 · -55% YoY
- Net Loss-₹81.8 Lakh
FY 2020 · -57% margin
- EBITDA-₹82 Lakh
FY 2020 · -57% margin
- Total Equity Funding$85.65K (USD)
in 1 rounds
- Latest Funding Round$85.65K (USD), Angel Round
Aug 2017
Associated legal entities of FlexiMC
FlexiMC operates through Fleximc Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fleximc Solutions Private Limited CIN U72200KA2014PTC073303 | Active | 29 Jan 2014 | Bangalore, Karnataka | ₹1.4 Cr | 2 | View details |
Funding Insights of FlexiMC
FlexiMC has successfully raised a total of $85.65K through 1 strategic funding round. The most recent funding activity was a Angel Round of $85.65 thousand completed in August 2017. 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 $85,649
- Total Rounds 1
- Last Round Angel Round — $85,649
- First Round $85,649
(Aug 2017)
- Investors Count 2
All 1 funding rounds of FlexiMC 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 |
|---|---|---|---|---|---|
| Aug 2017 | $85,649 | Angel Round | $1.74M | Ramesh Kumar Palanisamy |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2017 | $1.74M | •••••••• |
Last known valuation $1.74M (Aug 2017). 2 investors in total: 0 institutional and 2 angel.
Investors in FlexiMC
FlexiMC has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Ramesh Kumar Palanisamy and Azmathulla Shaik.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RK Ramesh Kumar Palanisamy | unknown_917f3babfe5f47a0a | |||
AS Azmathulla Shaik | unknown_19e2b645cfab47879 |
Investor details for FlexiMC
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 Fleximc Solutions Private Limited (FlexiMC)
Fleximc Solutions Private Limited is the primary company behind FlexiMC. The board of Fleximc Solutions Private Limited currently have 2 directors; the longest-serving is Mohammed Feroz, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammed Feroz DIN 06792511 | Managing Director | 29 Jan 2014 | 12 yrs 8 mo | Fleximc Solutions Private Limited |
| Bhushan Jason DIN 00102141 | Additional Director | 27 Mar 2021 | 5 yrs 7 mo | Fleximc Solutions Private Limited |
People of FlexiMC
3 people are tracked at FlexiMC (3 in leadership).
| Name | Role | Group |
|---|---|---|
Feroz MD | Co-Founder, CEO | Leadership |
Azmathulla Shaik | Co-Founder | Leadership |
| CEO | Leadership |
Complete people profiles for FlexiMC
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 FlexiMC
Figures of Fleximc Solutions Private Limited, the primary company behind FlexiMC, for FY 2020. Revenue was ₹1.43 Cr (-55% year on year). Net loss was -₹81.8 Lakh (-57% margin). EBITDA was -₹82 Lakh (-57% margin). Revenue has grown at a compounded annual rate of +66% over three years and +94% over five years.
- ₹1.43 CrRevenue · FY 2020 · -55% YoY
- -₹81.8 LakhNet loss · -57% margin
- -₹82 LakhEBITDA · -57% margin
- ₹10.5 LakhPaid-up capital
- +66%Revenue CAGR, 3 years
- +94%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fleximc Solutions Private Limited are on its company page.
Detailed financial statements for FlexiMC
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 FlexiMC
3 dated milestones of FlexiMC across 3 years, from founding to its latest funding, stage changes and deals.
- Founded FlexiMC is founded.
- Funding First funding round of $86K.
- Milestone Reaches Minicorn status.
Top companies in AI in Construction
3 companies that operate in the same segment as FlexiMC (AI in Construction) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A community for SaaS and AI founders focused on enabling growth through peer support and resources. | 2019 | Chennai, Tamil Nadu, India | USD 619.7 K | 1 | ||
Provides ML-based automation for point cloud to BIM conversion services. | 2012 | Pune, Maharashtra, India | USD 4.7 M | 244 | ||
Provides AI platforms, data analytics, and custom development for industries. | 2017 | Pune, Maharashtra, India | USD 477.1 K | 30 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about FlexiMC
FlexiMC was founded in 2014 and raised its 1st funding round 3 years after it was founded.
FlexiMC is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Feroz MD is the CEO of FlexiMC, as recorded in our data. They have also founded this company.
FlexiMC is a funded company, having raised a total of $85.65K across 1 funding round to date. The company's 1st funding round was a Angel Round of $85.65K, raised on Aug 2017.
The primary company behind FlexiMC, Fleximc Solutions Private Limited, reported revenue of ₹1.43 Cr for FY 2020, down 55% year on year.
FlexiMC, backed by 85649.0 from Ramesh Kumar Palanisamy, Azmathulla Shaik, focuses on leveraging cutting-edge technology, managing energy systems, developing smart building solutions, and ai and iot solutions. Provides AI and IoT-enabled solutions for building energy management. Driving innovation, growth, and excellence in its industry sectors.
FlexiMC has 2 investors. Key investors include Ramesh Kumar Palanisamy, and Azmathulla Shaik.
The valuation of FlexiMC is $1.74M as of Aug 2017.
FlexiMC operates through Fleximc Solutions Private Limited.
The legal entities of FlexiMC currently have 2 directors, including Bhushan Jason, Mohammed Feroz.