About GeoIQ
GeoIQ is a company based in Bengaluru (India) founded in 2018 by Ankita Thakur and Tusheet Shrivastava. It operates as a AI-as-a-Service, and SaaS (Software-as-a-Service). GeoIQ has raised $3.35 million across 6 funding rounds from investors including Lenskart, Venture Catalysts and LetsVenture. The company has 34 employees as of April 05, 2024. GeoIQ offers products and services including Location Intelligence Platform and AI Solutions. GeoIQ operates in a competitive market with competitors including Foursquare, CARTO, GroundTruth, Data Sutram and Cuebiq, among others.
- Headquarter Bengaluru, India
- Employees 34 as on 05 Apr, 2024
- Founders Ankita Thakur, Tusheet Shrivastava
- Stage Minicorn
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Sectors
RetailTechnology
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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 Quantduo Technologies Private Limited
- Date of Incorporation 29 Aug, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$467.26 K (USD)358.99as on Mar 31, 2022
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Net Profit
$-41.09 K (USD)61.36as on Mar 31, 2022
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EBITDA
$-41.84 K (USD)6.09as on Mar 31, 2022
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Total Equity Funding
$3.35 M (USD)
in 6 rounds
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Latest Funding Round
$111.49 K (USD), Seed
Aug 07, 2023
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Investors
Lenskart
& 55 more
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Employee Count
34
as on Apr 05, 2024
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Products & Services of GeoIQ
GeoIQ offers a comprehensive portfolio of products and services, including Location Intelligence Platform and AI Solutions. 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.
A platform for analyzing location-based business data effectively.
AI-driven tools for enhancing business decision-making processes.
Unlock access to complete
Funding Insights of GeoIQ
GeoIQ has successfully raised a total of $3.35M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $111.49 thousand completed in August 2023. 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 6
- Last Round Seed — $111,488
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First Round
First Round
(09 Jul 2019)
- Investors Count 56
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - GeoIQ | Valuation |
investors |
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| May, 2022 | Amount | Seed - GeoIQ | Valuation | Lenskart | |
| Sep, 2021 | Amount | Seed - GeoIQ | Valuation | Rohit Bansal |
| 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 GeoIQ
GeoIQ has secured backing from 56 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Lenskart, Venture Catalysts and LetsVenture. 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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Investment and strategic support for startups are provided by Ecosystem Ventures.
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Founded Year | Domain | Location | |
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Startup accelerator
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Founded Year | Domain | Location | |
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Seed-stage investments are targeted by Kayenne Ventures.
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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 GeoIQ
| 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 - GeoIQ
| 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 |
Geoiq Comparisons
Competitors of GeoIQ
GeoIQ 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 Foursquare, CARTO, GroundTruth, Data Sutram and Cuebiq, 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 |
Foursquare is recognized as a leader in geospatial technology.
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| domain | founded_year | HQ Location |
Cloud based integrated solutons for software development
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| domain | founded_year | HQ Location |
A location analytics platform for marketing applications is provided.
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| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
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| domain | founded_year | HQ Location |
AI-based business intelligence solutions are delivered for retail analytics.
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| domain | founded_year | HQ Location |
Location intelligence is delivered via a SaaS geospatial BI platform.
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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 Geoiq
Frequently Asked Questions about GeoIQ
When was GeoIQ founded?
GeoIQ was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is GeoIQ located?
GeoIQ is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of GeoIQ?
Devashish Fuloria is the current CEO of GeoIQ.
Is GeoIQ a funded company?
GeoIQ is a funded company, having raised a total of $3.35M across 6 funding rounds to date. The company's 1st funding round was a Seed of $176.83K, raised on Jul 09, 2019.
How many employees does GeoIQ have?
As of Apr 05, 2024, the latest employee count at GeoIQ is 34.
What is the annual revenue of GeoIQ?
Annual revenue of GeoIQ is $467.26K as on Mar 31, 2022.
What does GeoIQ do?
Location intelligence and AI-driven solutions for businesses are offered by GeoIQ. Focus is placed on enabling data-driven decisions through advanced technology. Sectors such as retail, real estate, and logistics are targeted. Comprehensive tools for analyzing location-based data are developed. Customized AI solutions to optimize business strategies are also provided.
Who are the top competitors of GeoIQ?
GeoIQ's top competitors include Foursquare, Data Sutram and GroundTruth.
What products or services does GeoIQ offer?
GeoIQ offers Location Intelligence Platform and AI Solutions.
Who are GeoIQ's investors?
GeoIQ has 56 investors. Key investors include Lenskart, Venture Catalysts, LetsVenture, Z Nation Lab, and 100Unicorns.
What is GeoIQ's valuation?
The valuation of GeoIQ is $11.18M as of Aug 2023.