About Innoctive Technologies
Innoctive Technologies is a company based in Pune (India) founded in 2017 by Deepesh Kuruppath. It operates as a SaaS (Software-as-a-Service) and Professional Services. Innoctive Technologies has raised $135.07 thousand across 2 funding rounds from investors including HPCL. The company has 46 employees as of April 03, 2024. Innoctive Technologies offers products and services including CargoFL, AI & ML App, AR & VR Solutions, and Mobile Frameworks. Innoctive Technologies operates in a competitive market with competitors including LetsTransport, OnFleet, Locus, FarEye and Bringg, among others.
- Headquarter Pune, India
- Employees 46 as on 03 Apr, 2024
- Founders Deepesh Kuruppath
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Innoctive Technologies Private Limited
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$409.2 K (USD)84.43as on Mar 31, 2023
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Net Profit
$8.98 K (USD)1090.59as on Mar 31, 2023
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EBITDA
$14.49 K (USD)145.86as on Mar 31, 2023
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Total Equity Funding
$135.07 K (USD)
in 2 rounds
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Latest Funding Round
$39.96 K (USD), Seed
Feb 04, 2022
- Investors
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Employee Count
46
as on Apr 03, 2024
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Products & Services of Innoctive Technologies
Innoctive Technologies offers a comprehensive portfolio of products and services, including CargoFL, AI & ML App, AR & VR Solutions, and Mobile Frameworks.
CargoFL is used for optimizing logistics and tracking shipments.
AI solutions are provided for enhancing business operations.
Immersive experiences are delivered through AR and VR tech.
Mobile tech is developed for smooth user experiences.
People of Innoctive Technologies
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Funding Insights of Innoctive Technologies
Innoctive Technologies has successfully raised a total of $135.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $39.96 thousand completed in February 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.
Investors in Innoctive Technologies
Innoctive Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HPCL.
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Provider of petroleum and natural gas services
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Investor details for Innoctive Technologies
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Investments & Acquisitions by Innoctive Technologies
Investment portfolio details for Innoctive Technologies
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Financial Statements - Innoctive Technologies
Detailed financials for Innoctive Technologies
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Innoctive Technologies Comparisons
Peer comparison for Innoctive Technologies
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Competitors of Innoctive Technologies
Innoctive Technologies 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 LetsTransport, OnFleet, Locus, FarEye and Bringg, among others.
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Platform offering customised logistic solutions to enterprises
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Cloud-based software is utilized for last-mile delivery management.
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Last-mile delivery software is optimized for automation and logistics analysis.
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Last-mile delivery operations are managed through SaaS and AI solutions.
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Cloud and AI-based delivery management solutions are provided.
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SaaS-based last-mile delivery management solutions are provided.
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Detailed competitors of Innoctive Technologies
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Latest news on Innoctive Technologies
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Frequently Asked Questions about Innoctive Technologies
Innoctive Technologies was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Innoctive Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Deepesh Kuruppath is the current CEO of Innoctive Technologies. They have also founded this company.
Innoctive Technologies is a funded company, having raised a total of $135.07K across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Innoctive Technologies is 46.
Annual revenue of Innoctive Technologies is $409.2K as on Mar 31, 2023.
Innoctive Technologies is focused on creating technology solutions for a sustainable future. The company is involved in sectors like logistics, artificial intelligence, and immersive technologies. Solutions such as CargoFL for logistics optimization, AI ML applications for business enhancement, and AR VR for immersive experiences are provided. Operations are centered in Pune, India, with a mission to apply technology for making lives easier and addressing complex challenges across industries.
Innoctive Technologies offers CargoFL, AI & ML App, AR & VR Solutions, and Mobile Frameworks.
Innoctive Technologies has 1 investor. Key investors include HPCL.
The valuation of Innoctive Technologies is $2.12M as of Feb 2022.