GeoIQ

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
A platform for location intelligence and AI business solutions is provided.

About GeoIQ

GeoIQ is a Retail company based in Bengaluru (India) founded in 2018 by Ankita Thakur and Tusheet Shrivastava. A platform for location intelligence and AI business solutions is provided. It operates on a AI-as-a-Service and SaaS (Software-as-a-Service) model in Retail and Technology sectors. GeoIQ has raised $3.35 million across 6 funding rounds from investors including Lenskart, Venture Catalysts and LetsVenture. The company has 34 employees. GeoIQ was last valued at $11.18 million in August 2023. Its chief executive, as recorded, is Devashish Fuloria. Its website geoiq.ai draws about 27 thousand monthly visits. Its Indian entity Quantduo Technologies Private Limited reported revenue of β‚Ή9.99 Cr. GeoIQ offers products and services including Location Intelligence Platform and AI Solutions. Its focus areas include Artificial Intelligence and Location Intelligence.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 34
  • Founders Ankita Thakur, Tusheet Shrivastava
  • Stage Minicorn
  • Sectors
    Retail
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website geoiq.ai/in
  • Social LinkedIn X
  • Legal Name Quantduo Technologies Private Limited
  • Date of Incorporation 29 Aug, 2018
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹9.99 Cr

    FY 2026 · +33% YoY

  • Net Loss
    -₹5.34 Cr

    FY 2026 · -54% margin

  • EBITDA
    -₹4.79 Cr

    FY 2026 · -48% margin

  • Total Equity Funding
    $3.35M (USD)

    in 6 rounds

  • Latest Funding Round
    $111.49K (USD), Seed

    Aug 2023

  • Investors
    Lenskart

    & 55 more

  • Employee Count
    34

Products & Services of GeoIQ

GeoIQ offers a comprehensive portfolio of products and services, including Location Intelligence Platform and AI Solutions.

Location Intelligence Platform
Technology

A platform for analyzing location-based business data effectively.

AI Solutions
Technology

AI-driven tools for enhancing business decision-making processes.

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 $3.35M
  • Total Rounds 6
  • Last Round Seed β€” $111,488
  • First Round $208,900

    (Jul 2019)

  • Investors Count 56

All 6 funding rounds of GeoIQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2023$111,488Seed$11.18M–
May 2022$2.25MSeed$11.89MLenskart
Sep 2021$176,834Seed$β€’β€’β€’β€’β€’Rohit Bansal
Sep 2021$38,878Seed$‒‒‒‒‒–
Nov 2020$560,100Seed$β€’β€’β€’β€’β€’100Unicorns
Jul 2019$208,900Seed$β€’β€’β€’β€’β€’Inflection Point Ventures
Valuation history
DateValuationStage
Aug 2023$11.18Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2022$11.89Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Sep 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2020$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $11.18M (Aug 2023). 56 investors in total: 11 institutional and 45 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment and strategic support for startups are provided by Ecosystem Ventures.
2018ecosystemventures.inIndore, India
Startup accelerator
2016znationlab.comCupertino, United States
Seed-stage investments are targeted by Kayenne Ventures.
Singapore, Singapore
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India
Venture capital fund focused on multiple sectors
Mumbai, India
Eyewear is offered online for men, women, and kids.
2010lenskart.comGurugram, India
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India
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Investor details for GeoIQ

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Board of directors of Quantduo Technologies Private Limited (GeoIQ)

Quantduo Technologies Private Limited is the primary company behind GeoIQ. The board of Quantduo Technologies Private Limited currently have 3 directors; the longest-serving is Devashish Fuloria, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Devashish Fuloria
DIN 07309367
Director29 Aug 20188 yrs 2 moQuantduo Technologies Private Limited
Amit Chaudhary
DIN 08908841
Nominee Director26 May 20224 yrs 5 moQuantduo Technologies Private Limited
Ramneek Khurana
DIN 02667041
Nominee Director16 Feb 20268 moQuantduo Technologies Private Limited

People of GeoIQ

11 people are tracked at GeoIQ (5 in leadership, 6 in team); the tracked headcount is 34.

NameRoleGroup
Ankita Thakur
Co-FounderLeadership
Tusheet Shrivastava
Co-FounderLeadership
CEOLeadership
Rishi Agrawal
Senior Vice President Of TechnologyLeadership
Mandar Kharode
Founder's OfficeLeadership
Vaishali Advani
Content & Marketing ManagerTeam
K. Kishore
Sales And ProductTeam
Rahul Yadav
AVP - Business DevelopmentTeam
Ninad Prabhu
Sales AssociateTeam
Saurav Mehta
Business Development ExecutiveTeam
Ankur Gaur
ProductTeam
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Financials of GeoIQ

Figures of Quantduo Technologies Private Limited, the primary company behind GeoIQ, for FY 2026. Revenue was ₹9.99 Cr (+33% year on year). Net loss was -₹5.34 Cr (-54% margin). EBITDA was -₹4.79 Cr (-48% margin). Revenue has grown at a compounded annual rate of +9% over three years and +64% over five years.

  • ₹9.99 CrRevenue · FY 2026 · +33% YoY
  • -₹5.34 CrNet loss · -54% margin
  • -₹4.79 CrEBITDA · -48% margin
  • ₹2.6 LakhPaid-up capital
  • 34Employees (provident fund records)
  • +9%Revenue CAGR, 3 years
  • +64%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Quantduo Technologies Private Limited are on its company page.

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Detailed financial statements for GeoIQ

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Timeline of GeoIQ

4 dated milestones of GeoIQ across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded GeoIQ is founded.
  2. Funding First funding round of $209K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $111K.

Web traffic of GeoIQ

The website of GeoIQ (geoiq.ai) receives about 27.3K visits a month.

  • Monthly visits
    27.3K

    ▲ 87.4% vs previous month

Similar websites

Websites whose visitors overlap most with GeoIQ. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
zoca.com
100%
111K#349,742View details
marketingtutor.net
marketingtutor.net
95%
#8,961,562–
ppms.in
95%
8.6K#2,759,797View details
zebra.com
89%
2M#24,881View details
franchiseindia.in
franchiseindia.in
87%
#1,983,129–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Autonomous & In-Store Retail Tech

3 companies that operate in the same segment as GeoIQ (Autonomous & In-Store Retail Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
Platform powering online and in-store retail operations using AI-driven tools
2012Mumbai, Maharashtra, IndiaUSD 16.02 MUSD 43.86 M851
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Related news about Geoiq

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Frequently Asked Questions about GeoIQ

GeoIQ was founded in 2018 and raised its 1st funding round 1 year after it was founded.

GeoIQ is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Devashish Fuloria is the CEO of GeoIQ, as recorded in our data.

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 $208.9K, raised on Jul 2019.

GeoIQ has 34 employees.

The primary company behind GeoIQ, Quantduo Technologies Private Limited, reported revenue of β‚Ή9.99 Cr for FY 2026, up 33% year on year.

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.

GeoIQ offers Location Intelligence Platform and AI Solutions.

GeoIQ has 56 investors. Key investors include Lenskart, Venture Catalysts, LetsVenture, Z Nation Lab, and 100Unicorns.

The valuation of GeoIQ is $11.18M as of Aug 2023.

GeoIQ operates through Quantduo Technologies Private Limited.

The legal entities of GeoIQ currently have 3 directors, including Devashish Fuloria, Amit Chaudhary, Ramneek Khurana.

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