Infilect

Bengaluru, India Founded: 2018 • Age: 8 yrs Minicorn
AI-powered image recognition solutions are delivered for retail analytics.

About Infilect

Infilect is a Retail company based in Bengaluru (India) founded in 2018 by Anand Prabhu Subramanian and Vijay Gabale. It operates as an AI-powered image recognition solutions are delivered for retail analytics. It operates in the Retail, Industrial Goods & Manufacturing, and Technology sectors. Infilect has raised $3.06 million across 4 funding rounds from investors including Italica, 1Crowd and The Chennai Angels. The company has 87 employees. Infilect was last valued at $14.41 million in April 2022. Its chief executive is Anand Prabhu Subramanian. Its Indian entity Infilect Technologies Private Limited reported revenue of β‚Ή16.89 Cr. Infilect offers products and services including InfiViz, InfiEye, and InfiArt. Its focus areas include In Store Retail Tech, Analytics, Operations Intelligence and Diversified. Its competitors include Trax, RetailNext, SPINS, Grabango and Crisp and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

Infilect was founded in 2018 in Bengaluru, India. AI-powered image recognition tools are provided for retail analytics, enabling monitoring of shelf metrics and tracking of product availability. Real-time insights into store performance are facilitated for brands and retailers. Support is extended to industries such as consumer packaged goods, electronics, and pharmaceuticals through the platforms capabilities.

  • Headquarters Bengaluru, India
  • Employees 87
  • Founders Anand Prabhu Subramanian, Vijay Gabale
  • Stage Minicorn
  • Sectors
    Retail
    Industrial Goods & Manufacturing Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website infilect.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Infilect Technologies Private Limited
  • Date of Incorporation 29 Jun, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹16.89 Cr

    FY 2024 · +68% YoY

  • Net Loss
    -₹8.80 Cr

    FY 2024 · -52% margin

  • EBITDA
    -₹6.94 Cr

    FY 2024 · -41% margin

  • Total Equity Funding
    $3.06M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.56M (USD), Seed

    Apr 2022

  • Investors
    Italica

    & 90 more

  • Employee Count
    87

Products & Services of Infilect

Infilect offers a comprehensive portfolio of products and services, including InfiViz, InfiEye, and InfiArt.

InfiViz
Retail Analytics

Provides real-time in-store execution insights via image recognition

InfiEye
Surveillance Platform

Offers AI-based loss prevention and theft alerts in retail

InfiArt
Digital Evaluation

Evaluates digital creatives for brand compliance and feedback

Funding Insights of Infilect

Infilect has successfully raised a total of $3.06M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.56 million completed in April 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 $3.06M
  • Total Rounds 4
  • Last Round Seed β€” $1.56M
  • Investors Count 91

All 4 funding rounds of Infilect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$1.56MSeed$14.41MMela Ventures
Sep 2020$1.5MSeed$4.84MMela Ventures
Jun 2020–Seed–Lowe's Labs
–
Jan 2020–Seed––
–
Valuation history
DateValuationStage
Apr 2022$14.41Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2020$4.84Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $14.41M (Apr 2022). 91 investors in total: 16 institutional and 75 angel.

Investors in Infilect

Infilect has secured backing from 91 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Italica, 1Crowd and The Chennai Angels.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in B2B technology startups focusing on climate tech, enterprise SaaS, and deep tech.
2020melaventures.inBengaluru, India
Investments in early-stage technology-led and consumer businesses.
2022peacefulprogress.inChennai, India
Investment services focused on innovation-driven industries and markets influenced by globalization.
–kalpathiinvestments.comChennai, India
Angel network focused on multiple sectors
2007thechennaiangels.comChennai, India
-
–one.tcc.mode-
Limited information available
–pearltribusinessservices.tcc.modeChennai, India
Italica is engaged in manufacturing and selling plastic furniture.
1992italica.comMumbai, India
-
–rvicapitalmanagement.tcc.mode-
-
–onemindventures.tcc.mode-
Italica is engaged in manufacturing and selling plastic furniture.
–italicafurniture.comUdaipur, India
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Investor details for Infilect

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Board of directors of Infilect Technologies Private Limited (Infilect)

Infilect Technologies Private Limited is the primary company behind Infilect. The board of Infilect Technologies Private Limited currently have 3 directors; the longest-serving is Vijay Purushottam Gabale, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vijay Purushottam Gabale
DIN 07166888
Director29 Jun 201511 yrs 3 moInfilect Technologies Private Limited
Subramanian Anand Prabhu
DIN 07166884
Director29 Jun 201511 yrs 3 moInfilect Technologies Private Limited
Rostow Ravanan
DIN 00144557
Director16 Nov 20205 yrs 11 moInfilect Technologies Private Limited

People of Infilect

9 people are tracked at Infilect (4 in leadership, 5 in team); the tracked headcount is 87.

NameRoleGroup
Co-Founder & CEOLeadership
Co-FounderLeadership
Naresh Sethi
Chief Growth EvangelistLeadership
Lokesh Nandanwar
Head Of AI Infrastructure (computer Vision & Engineering)Leadership
Suman Bhoi
Senior Finance ManagerTeam
Tony Pillay
Key Advisor And Mentor ★ Start-up - Digital InnovationTeam
Vijay Kannan
Advisor And MentorTeam
Giselle Neha Sequeira
Senior Human Resources ManagerTeam
Shyam Prajapati
Lead AI EngineerTeam
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Financials of Infilect

Figures of Infilect Technologies Private Limited, the primary company behind Infilect, for FY 2024. Revenue was ₹16.89 Cr (+68% year on year). Net loss was -₹8.80 Cr (-52% margin). EBITDA was -₹6.94 Cr (-41% margin). Revenue has grown at a compounded annual rate of +88% over three years and +80% over five years.

  • ₹16.89 CrRevenue · FY 2024 · +68% YoY
  • -₹8.80 CrNet loss · -52% margin
  • -₹6.94 CrEBITDA · -41% margin
  • ₹2.1 LakhPaid-up capital
  • 87Employees (provident fund records)
  • +88%Revenue CAGR, 3 years
  • +80%Revenue CAGR, 5 years

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

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Timeline of Infilect

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

  1. Founded Infilect is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.6M.

Competitors of Infilect

Infilect has 9 listed competitors in our database, 8 of them funded. They include Trax, RetailNext, SPINS, Grabango and Crisp, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
traxretail.com2010Singapore$1.03B–
Cloud-based analytics solutions for retail shelf management are delivered.
retailnext.net2007San Jose, United States$231.86M63
In-store customer behavior is tracked and analyzed in real-time.
spins.com1995Chicago, United States–328
Retail consumer analytics services are provided for natural products sector.
grabango.com2016Sacramento, United States$79.32M104
App-based automated checkout solutions are provided for offline retailers.
gocrisp.com2016New York, United States$134.33M–
Business analytics software is provided for CPG retailers and suppliers.
aifi.com2016Santa Clara, United States$90.7M19
AI-based autonomous store solutions are provided for retailers and brands.
wiser.com2012San Mateo, United States$10.95M156
Price intelligence and optimization software is provided for e-commerce retailers.
daasity.com2017San Diego, United States$20.7M31
eCommerce analytics platform is provided for online sellers.
eversightlabs.com2013Palo Alto, United States$25.2M55
SaaS-based promotion software is offered for retail testing.
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Detailed competitors of Infilect

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Web traffic of Infilect

The website of Infilect (infilect.com) receives about 5.5K visits a month.

  • Monthly visits
    5.5K

    ▼ 42.7% vs previous month

Top companies in Autonomous & In-Store Retail Tech

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Purchase financing solutions are offered to businesses via installment payments.
2019Dubai, Dubai, United Arab EmiratesUSD 837 M–4,683
Point-of-sale financing is facilitated via an online platform for retailers.
2016Los Angeles, California, United StatesUSD 158.63 M–576
App-based bookkeeping solutions are offered for small business management.
2018Bengaluru, Karnataka, IndiaUSD 186.62 MUSD 165.88 K–
POS solutions are provided for retail businesses.
2009San Francisco, California, United StatesUSD 519.75 MUSD 24.19 B6,214
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M–2,684
Retail intelligence platform is developed for brands and B2B retailers.
2008Bengaluru, Karnataka, IndiaUSD 21.11 MUSD 7.69 M345
Point-of-sale financing is enabled for installment purchases at partnered retailers.
2016Minneapolis, Minnesota, United StatesUSD 17.51 MUSD 450.28 M408
Loyalty management solutions are provided for offline retail stores.
2012San Francisco, California, United StatesUSD 23.1 M–23
Mobile apps enable real-time retail data collection by field teams.
2011Denver, Colorado, United StatesUSD 71 M––
Unified platform for retail and supply chain planning is offered.
2005Helsinki, Uusimaa, FinlandUSD 816.41 MUSD 247.75 M2,302
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Related news about Infilect

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Frequently Asked Questions about Infilect

Infilect was founded in 2018 and raised its 1st funding round 2 years after it was founded.

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

Anand Prabhu Subramanian is the current CEO of Infilect. They have also founded this company.

Infilect is a funded company, having raised a total of $3.06M across 4 funding rounds to date.

Infilect has 87 employees.

The primary company behind Infilect, Infilect Technologies Private Limited, reported revenue of β‚Ή16.89 Cr for FY 2024, up 68% year on year.

Infilect was founded in 2018 in Bengaluru, India. AI-powered image recognition tools are provided for retail analytics, enabling monitoring of shelf metrics and tracking of product availability. Real-time insights into store performance are facilitated for brands and retailers. Support is extended to industries such as consumer packaged goods, electronics, and pharmaceuticals through the platforms capabilities.

Infilect's top competitors include Trax, Eversight and Wiser.

Infilect offers InfiViz, InfiEye, and InfiArt.

Infilect has 91 investors. Key investors include Italica, 1Crowd, The Chennai Angels, Mela Ventures, and Peaceful Progress.

The valuation of Infilect is $14.41M as of Apr 2022.

Infilect operates through Infilect Technologies Private Limited.

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