Heuristics Info Systems

Noida, India Founded: 2005 • Age: 21 yrs Acquired By TraQmatiX
GPS vehicle tracking and mobile personnel solutions are offered.

About Heuristics Info Systems

Heuristics Info Systems is a Transportation, Automotive & Logistics company based in Noida (India) founded in 2005, and was acquired by TraQmatiX in January 2017. GPS vehicle tracking and mobile personnel solutions are offered. Its Indian entity Heuristics Info Systems Private Limited reported revenue of β‚Ή1.52 Cr. Heuristics Info Systems offers products and services including Casino Reviews and Bonus Offers. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.

Company details

Heuristics Info Systems offers cloud-based software solutions for tracking multiple GPS devices. It also offers mobile phone based tracking solutions for tracking personnel, fleet etc. Its solutions include Cold Chain Management through IT Console; Fleet and Supply Chain Management servers; mobile phone based Field ResourcePersonal Tracking solutions; Remote Sensing and location based field data collection through mobiles. Customers include Maruti, Transport Corporation of India (TCI), Coldex, Ashok Leyland , Punjab Police, National Investigation Agency etc. Charges customers on the basis of the number of vehicles tracked. Has 55 customers in India as of June, 2013. Received a grant of 25 lakhs from Amity Incubator.

Key Metrics
  • Annual Revenue
    ₹1.52 Cr

    FY 2019 · -61% YoY

  • Net Profit
    ₹8 Lakh

    FY 2019 · 5% margin

  • EBITDA
    ₹9.9 Lakh

    FY 2019 · 6% margin

  • Latest Funding Round
    $41.86K (USD), Grant

    Jun 2013

  • Investors
    TraQmatiX

    & 1 more

  • Acquired by
    TraQmatiX

    (Jan 2017)

Products & Services of Heuristics Info Systems

Heuristics Info Systems offers a comprehensive portfolio of products and services, including Casino Reviews and Bonus Offers.

Casino Reviews
Review Platform

Provides detailed evaluations of online casino sites

Bonus Offers
Promotional Services

Offers exclusive bonuses for casino registrations

Funding Insights of Heuristics Info Systems

  • Total Rounds 1
  • Last Round Grant β€” $41,855
  • First Round $41,855

    (Jun 2013)

  • Investors Count 1

All 1 funding rounds of Heuristics Info Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2013$41,855Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Heuristics Info Systems

Heuristics Info Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TraQmatiX and Amity Capital Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
A venture capital firm that invests in startups operating in emerging markets.
amitycv.comNoida, India
Offers a fleet and asset tracking application for efficient management and monitoring.
2010traqmatix.comGurugram, India
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Investor details for Heuristics Info Systems

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Board of directors of Heuristics Info Systems Private Limited (Heuristics Info Systems)

Heuristics Info Systems Private Limited is the primary company behind Heuristics Info Systems. The boards of the 2 registered companies of Heuristics Info Systems currently have 4 directors; the longest-serving is Amit Kumar Dubey, appointed in 2009. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Kumar Dubey
DIN 00974756
Additional Director26 Oct 200917 yrsHeuristics Info Systems Private Limited
Ashmeet Singh
DIN 03642279
Director20 Feb 20179 yrs 8 moHeuristics Info Systems Private Limited
Siddharth Kasana
DIN 03435290
Director01 Jan 20206 yrs 9 moMsd Telematics Private Limited
Surender Singh
DIN 08214239
Director16 Mar 20206 yrs 7 moMsd Telematics Private Limited

Financials of Heuristics Info Systems

Figures of Heuristics Info Systems Private Limited, the primary company behind Heuristics Info Systems, for FY 2019. Revenue was ₹1.52 Cr (-61% year on year). Net profit was ₹8 Lakh (5% margin). EBITDA was ₹9.9 Lakh (6% margin). Revenue has grown at a compounded annual rate of +12% over three years.

  • ₹1.52 CrRevenue · FY 2019 · -61% YoY
  • ₹8 LakhNet profit · 5% margin
  • ₹9.9 LakhEBITDA · 6% margin
  • ₹5 LakhPaid-up capital
  • +12%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Heuristics Info Systems Private Limited are on its company page.

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Detailed financial statements for Heuristics Info Systems

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Heuristics Info Systems

3 dated milestones of Heuristics Info Systems across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Heuristics Info Systems is founded.
  2. Funding First funding round of $42K.
  3. Exit Acquired by TraQmatiX.

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Heuristics Info Systems (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.37 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Heuristics Info Systems

MSD Telematics acquires Heuristics Info Systems
Business Line β€’ 9 years ago
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Frequently Asked Questions about Heuristics Info Systems

Heuristics Info Systems was founded in 2005 and raised its 1st funding round 8 years after it was founded.

Heuristics Info Systems is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

The primary company behind Heuristics Info Systems, Heuristics Info Systems Private Limited, reported revenue of β‚Ή1.52 Cr for FY 2019, down 61% year on year.

Heuristics Info Systems offers cloud-based software solutions for tracking multiple GPS devices. It also offers mobile phone based tracking solutions for tracking personnel, fleet etc. Its solutions include Cold Chain Management through IT Console; Fleet and Supply Chain Management servers; mobile phone based Field ResourcePersonal Tracking solutions; Remote Sensing and location based field data collection through mobiles. Customers include Maruti, Transport Corporation of India (TCI), Coldex, Ashok Leyland , Punjab Police, National Investigation Agency etc. Charges customers on the basis of the number of vehicles tracked. Has 55 customers in India as of June, 2013. Received a grant of 25 lakhs from Amity Incubator.

Heuristics Info Systems offers Casino Reviews and Bonus Offers.

Heuristics Info Systems has 2 investors. Key investors include TraQmatiX, and Amity Capital Ventures.

Heuristics Info Systems is associated with 2 legal entities: Heuristics Info Systems Private Limited, Msd Telematics Private Limited.

Yes. Heuristics Info Systems was acquired by TraQmatiX in January 2017.

The legal entities of Heuristics Info Systems currently have 4 directors, including Surender Singh, Siddharth Kasana, Amit Kumar Dubey and others.

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