About Groundata Ai
Groundata Ai is a Government & Social Sector company based in Bengaluru (India) founded in 2020 by Nikhil Bhaskaran and Bethun Bhowmik. AI technologies are developed by Groundata Ai in India. Groundata Ai has raised $40 thousand across 2 funding rounds from investors including Elevate Ventures. The company has 1 employees. Its Indian entity Groundata Technologies Private Limited reported revenue of ₹7 Lakh. Its focus areas include Enterprise Applications, GovTech, Analytics and Suite.
Company details
Groundata Ai was established in 2020 and is headquartered in Bengaluru, India. Operations center on artificial intelligence applications within the technology sector. Development of AI-based solutions forms the core focus, with services extending to data processing and analytics. The company is led by co-founders Nikhil Bhaskaran and Bethun Bhowmik, supporting activities from the Indian base. Limited public details are available on specific client engagements or product lines.
- Headquarters Bengaluru, India
- Employees 1
- Founders Nikhil Bhaskaran, Bethun Bhowmik
- SectorsGovernment & Social Sector
- Website groundata.ai
- Social LinkedIn Facebook
- Legal Name Groundata Technologies Private Limited
- Date of Incorporation 26 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹7 Lakh
FY 2022 · -6% YoY
- Net Loss-₹1,661
FY 2022 · 0% margin
- EBITDA-₹1,661
FY 2022 · 0% margin
- Total Equity Funding$40K (USD)
in 2 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2022
- Investors
- Employee Count1
Associated legal entities of Groundata Ai
Groundata Ai operates through Groundata Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Groundata Technologies Private Limited CIN U74999KA2020PTC140260 | Active | 26 Oct 2020 | Bangalore, Karnataka | ₹0.1 Cr | 2 | View details |
Funding Insights of Groundata Ai
Groundata Ai has successfully raised a total of $40K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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 $40,000
- Total Rounds 2
- Last Round Seed — $20,000
- First Round $20,000
(Jun 2021)
- Investors Count 1
All 2 funding rounds of Groundata Ai 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 |
|---|---|---|---|---|---|
| Jun 2022 | $20,000 | Seed | – | – | |
| Jun 2021 | $20,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Groundata Ai
Groundata Ai has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elevate Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in diverse sectors by the firm. | elevateventures.com | Indianapolis, United States |
Investor details for Groundata Ai
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 Groundata Technologies Private Limited (Groundata Ai)
Groundata Technologies Private Limited is the primary company behind Groundata Ai. The board of Groundata Technologies Private Limited currently have 2 directors; the longest-serving is Rajesh Vasant Kochrekar, appointed in 2025. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Vasant Kochrekar DIN 11006669 | Director | 15 Jul 2025 | 1 yr 3 mo | Groundata Technologies Private Limited |
| Ankush Ramu Parit DIN 11257521 | Additional Director | 23 Aug 2025 | 1 yr 2 mo | Groundata Technologies Private Limited |
People of Groundata Ai
2 people are tracked at Groundata Ai (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Nikhil Bhaskaran | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Groundata Ai
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 Groundata Ai
Figures of Groundata Technologies Private Limited, the primary company behind Groundata Ai, for FY 2022. Revenue was ₹7 Lakh (-6% year on year). Net loss was -₹1,661 (0% margin). EBITDA was -₹1,661 (0% margin).
- ₹7 LakhRevenue · FY 2022 · -6% YoY
- -₹1,661Net loss · 0% margin
- -₹1,661EBITDA · 0% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Groundata Technologies Private Limited are on its company page.
Detailed financial statements for Groundata Ai
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 Groundata Ai
3 dated milestones of Groundata Ai across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Groundata Ai is founded.
- Funding First funding round of $20K.
- Funding Latest funding round, Seed, of $20K.
Top companies in GovTech
2 companies that operate in the same segment as Groundata Ai (GovTech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Technology platform that enables users to access information on government and private welfare schemes | 2015 | Bengaluru, Karnataka, India | USD 3.29 M | USD 3.37 M | 234 |
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Frequently Asked Questions about Groundata Ai
Groundata Ai was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Groundata Ai is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Groundata Ai is a funded company, having raised a total of $40K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2021.
Groundata Ai has 1 employees.
The primary company behind Groundata Ai, Groundata Technologies Private Limited, reported revenue of ₹7 Lakh for FY 2022, down 6% year on year.
Groundata Ai was established in 2020 and is headquartered in Bengaluru, India. Operations center on artificial intelligence applications within the technology sector. Development of AI-based solutions forms the core focus, with services extending to data processing and analytics. The company is led by co-founders Nikhil Bhaskaran and Bethun Bhowmik, supporting activities from the Indian base. Limited public details are available on specific client engagements or product lines.
Groundata Ai has 1 investor. Key investors include Elevate Ventures.
Groundata Ai operates through Groundata Technologies Private Limited.
The legal entities of Groundata Ai currently have 2 directors, including Rajesh Vasant Kochrekar, Ankush Ramu Parit.