About Indxo AI
Indxo AI is a company based in Bengaluru (India) founded in 2023 by Kalyan Ram Bhimavaram. It operates as a SaaS and B2B. Indxo AI has raised $21.22 thousand across 1 funding round from investors including Hardcastle Petrofer. Indxo AI offers products and services including MBEAT, QDIM, and PDIM. Indxo AI operates in a competitive market with competitors including AspenTech, Plex Systems, AVEVA, HostBooks and Groyyo, among others.
- Headquarter Bengaluru, India
- Founders Kalyan Ram Bhimavaram
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website indxo.ai
- Legal Name Indxo Ai Private Limited
- Date of Incorporation 21 Jun, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹7.18 Cr
FY 2025 · +75% YoY
- Net Profit₹79.2 Lakh
FY 2025 · 11% margin
- EBITDA₹83.1 Lakh
FY 2025 · 12% margin
- Total Equity Funding$21.22K (USD)
in 1 rounds
- Latest Funding Round$21.22K (USD), Seed
May 2024
- Investors
Associated legal entities of Indxo AI
Indxo AI operates through Indxo Ai Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indxo Ai Private Limited CIN U62013KA2023PTC175127 | Active | 21 Jun 2023 | Bangalore, Karnataka | ₹7.2 Cr | 56 | 4 | View details |
Products & Services of Indxo AI
Indxo AI offers a comprehensive portfolio of products and services, including MBEAT, QDIM, and PDIM.
Real-time tool for machine health monitoring to prevent downtime.
System for quality data insights to reduce manufacturing defects.
Platform for productivity data to enhance operational efficiency.
Funding Insights of Indxo AI
Indxo AI has successfully raised a total of $21.22K through 1 strategic funding round. The most recent funding activity was a Seed round of $21.22 thousand completed in May 2024. 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 $21,222
- Total Rounds 1
- Last Round Seed — $21,222
- First Round $21,222
(May 2024)
- Investors Count 1
All 1 funding rounds of Indxo 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 |
|---|---|---|---|---|---|
| May 2024 | $21,222 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Indxo AI
Indxo AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hardcastle Petrofer.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | hawcoindia.com | - |
Investor details for Indxo 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 Indxo Ai Private Limited (Indxo AI)
Indxo Ai Private Limited is the primary company behind Indxo AI. The board of Indxo Ai Private Limited currently have 4 directors; the longest-serving is Anish Pandari Antony, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anish Pandari Antony DIN 08559895 | Director | 21 Jun 2023 | 3 yrs 3 mo | Indxo Ai Private Limited |
| Bhimavaram Mallikarjuna Sarma Sarma DIN 08446368 | Director | 21 Jun 2023 | 3 yrs 3 mo | Indxo Ai Private Limited |
| Kalyan Ram Bhimavaram DIN 03449400 | Managing Director | 21 Jun 2023 | 3 yrs 3 mo | Indxo Ai Private Limited |
| Rajiv Vermani DIN 09172368 | Director | 24 May 2024 | 2 yrs 4 mo | Indxo Ai Private Limited |
People of Indxo AI
1 people are tracked at Indxo AI (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Indxo 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 Indxo AI
Figures of Indxo Ai Private Limited, the primary company behind Indxo AI, for FY 2025. Revenue was ₹7.18 Cr (+75% year on year). Net profit was ₹79.2 Lakh (11% margin). EBITDA was ₹83.1 Lakh (12% margin).
- ₹7.18 CrRevenue · FY 2025 · +75% YoY
- ₹79.2 LakhNet profit · 11% margin
- ₹83.1 LakhEBITDA · 12% margin
- ₹1.3 LakhPaid-up capital
- 56Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Indxo Ai Private Limited are on its company page.
Detailed financial statements for Indxo 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 Indxo AI
2 dated milestones of Indxo AI across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Indxo AI is founded.
- Funding First funding round of $21K.
Competitors of Indxo AI
Indxo AI 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 AspenTech, Plex Systems, AVEVA, HostBooks and Groyyo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aspentech.com | 1981 | Bedford, United States | $100M | 786 | AI-based software for manufacturing process optimization is offered. | |
| plex.com | 1995 | Troy, United States | $86.5M | 510 | Cloud-based manufacturing execution software solutions are provided by Plex Systems. | |
| aveva.com | 1967 | Cambridge, United Kingdom | – | 48 | Cloud-based data visualization and dashboard development are facilitated. | |
| hostbooks.com | 2009 | Sacramento, United States | $8M | 94 | Agentic AI-powered ERP solutions are offered for multiple industries. | |
| groyyo.com | 2021 | Gurugram, India | $33.1M | 93 | AI-powered automation platform for MSME garment factories is provided. | |
| firstresonance.io | 2020 | Los Angeles, United States | $40.82M | – | Cloud-based MES solutions are offered for manufacturing processes. | |
| safetychain.com | 2011 | San Rafael, United States | $50M | – | Cloud-based FSQA solutions are delivered for food and beverage compliance. | |
| picomes.com | 2018 | United States | $27.21M | – | Data collection and analytics solutions are provided for manufacturing industries. | |
| apriso.com | 1992 | Long Beach, United States | $16.1M | – | Business process management software is supplied to manufacturing firms. | |
| elevatedsignals.com | 2016 | Vancouver, Canada | $5.85M | – | Provider of farm monitoring solutions for cannabis growers |
Detailed competitors of Indxo AI
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Indxo AI
The website of Indxo AI (indxo.ai) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 419.4% vs previous month
Similar companies to Indxo AI
10 companies that operate in the same segment as Indxo AI (AI in Business Intelligence), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT consulting, AI services, and digital engineering solutions for various industries. | 1993 | Hyderabad, Telangana, India | – | USD 110.56 M | 1,184 | |
Offers IT consulting, cloud technologies, data automation, AI, and engineering services worldwide. | 2004 | Hyderabad, Telangana, India | – | – | 895 | |
AI solutions for pharmaceuticals, hospitals, and data analytics. | 2011 | Hyderabad, Telangana, India | – | USD 1.86 M | 64 | |
Offers online courses and certifications in emerging technologies and professional development. | 2020 | Bengaluru, Karnataka, India | – | USD 23.18 M | 602 | |
IT solutions and digital transformation services are provided across industries. | 1999 | Madison Heights, Michigan, United States | – | USD 114.58 | – | |
Offers market research, data analysis, insights, and technology solutions for businesses worldwide. | 2000 | Delhi, Delhi, India | – | USD 9.1 M | – | |
Ajira provides software solutions in tech sectors like machine learning and analytics. | 2015 | Chennai, Tamil Nadu, India | – | USD 2 M | – | |
Delivers cloud, AI, and data analytics solutions for business transformation. | 2004 | Pune, Maharashtra, India | – | USD 107.9 M | 871 | |
Provides data infrastructure, cloud solutions, and AI consulting for enterprises. | 2012 | Gurugram, Haryana, India | – | USD 3.14 M | 157 | |
Provides digital innovation and technology services to empower business leaders globally. | 2000 | Chennai, Tamil Nadu, India | – | USD 352.89 K | – |
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Frequently Asked Questions about Indxo AI
Indxo AI was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Indxo AI is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kalyan Ram Bhimavaram is the current CEO of Indxo AI. They have also founded this company.
Indxo AI is a funded company, having raised a total of $21.22K across 1 funding round to date. The company's 1st funding round was a Seed of $21.22K, raised on May 2024.
The primary company behind Indxo AI, Indxo Ai Private Limited, reported revenue of ₹7.18 Cr for FY 2025, up 75% year on year.
Indxo AI provides AI-powered software solutions to enhance manufacturing processes through real-time monitoring, predictive maintenance, and data insights management. These tools help reduce downtime by 30, boost productivity by 15, and minimize defects by 10. Operating from offices in Bengaluru, India, and Dallas, USA, the company serves global manufacturing sectors with products like MBEAT, QDIM, and PDIM, focusing on data-driven decision-making and operational optimization.
Indxo AI's top competitors include AspenTech, Plex Systems and First Resonance.
Indxo AI offers MBEAT, QDIM, and PDIM.
Indxo AI has 1 investor. Key investors include Hardcastle Petrofer.
Indxo AI operates through Indxo Ai Private Limited.
The legal entities of Indxo AI currently have 4 directors, including Rajiv Vermani, Anish Pandari Antony, Bhimavaram Mallikarjuna Sarma Sarma and others.