Innoctive Technologies

Pune, India Founded: 2017 • Age: 9 yrs Minicorn
Innoctive Technologies is engaged in developing innovative technology solutions.
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About Innoctive Technologies

Innoctive Technologies is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2017 by Deepesh Kuruppath. Innoctive Technologies is engaged in developing innovative technology solutions. It operates on a SaaS (Software-as-a-Service) and Professional Services model. Innoctive Technologies has raised $135.07 thousand across 2 funding rounds from investors including HPCL. The company has 46 employees. Innoctive Technologies was last valued at $2.12 million in February 2022. Its chief executive, as recorded, is Deepesh Kuruppath. Its Indian entity Innoctive Technologies Private Limited reported revenue of ₹4.74 Cr. Innoctive Technologies offers products and services including CargoFL, AI & ML App, AR & VR Solutions, and Mobile Frameworks. Its focus areas include Technology, Software, Logistics Software and Artificial Intelligence.

Company details

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.

  • Headquarters Pune, India
  • Employees 46
  • Founders Deepesh Kuruppath
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website innoctive.com
  • Social LinkedIn
  • Legal Name Innoctive Technologies Private Limited
  • Date of Incorporation 17 Jul, 2017
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Transportation, Automotive & Logistics → Logistics Technology & Platforms
Key Metrics
  • Annual Revenue
    ₹4.74 Cr

    FY 2025 · +4% YoY

  • Net Loss
    -₹2.34 Cr

    FY 2025 · -49% margin

  • EBITDA
    -₹2.45 Cr

    FY 2025 · -52% margin

  • Total Equity Funding
    $135.07K (USD)

    in 2 rounds

  • Latest Funding Round
    $39.96K (USD), Seed

    Feb 2022

  • Investors
    HPCL
  • Employee Count
    46

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
Logistics Technology

CargoFL is used for optimizing logistics and tracking shipments.

AI & ML App
Artificial Intelligence

AI solutions are provided for enhancing business operations.

AR & VR Solutions
Immersive Technology

Immersive experiences are delivered through AR and VR tech.

Mobile Frameworks
Mobile Technology

Mobile tech is developed for smooth user experiences.

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.

  • Total Funding $135,065
  • Total Rounds 2
  • Last Round Seed — $39,956
  • First Round $95,109

    (Oct 2020)

  • Investors Count 1

All 2 funding rounds of Innoctive Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$39,956Seed$2.12MHPCL
–
Oct 2020$95,109Seed$2.11MHPCL
–
Valuation history
DateValuationStage
Feb 2022$2.12M••••••••
Oct 2020$2.11M••••••••

Last known valuation $2.12M (Feb 2022). 1 investors in total: 1 institutional.

Investors in Innoctive Technologies

Innoctive Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HPCL.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
HPCL
Provider of petroleum and natural gas services
1974hindustanpetroleum.comMumbai, India
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Investor details for Innoctive Technologies

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Board of directors of Innoctive Technologies Private Limited (Innoctive Technologies)

Innoctive Technologies Private Limited is the primary company behind Innoctive Technologies. The board of Innoctive Technologies Private Limited currently have 4 directors; the longest-serving is Deepesh Kuruppath, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Deepesh Kuruppath
DIN 07856662
Director17 Jul 20179 yrs 3 moInnoctive Technologies Private Limited
Raju Salve
DIN 02437002
Director17 Jul 20179 yrs 3 moInnoctive Technologies Private Limited
Vidyadhar Shinde
DIN 02418420
Director17 Jul 20179 yrs 3 moInnoctive Technologies Private Limited
Girish Shivani
DIN 03593974
Nominee Director16 Jun 20251 yr 4 moInnoctive Technologies Private Limited

People of Innoctive Technologies

20 people are tracked at Innoctive Technologies (2 in leadership, 18 in team); the tracked headcount is 46.

NameRoleGroup
Deepesh Kuruppath
Founder & CEOLeadership
Harvinder Bhan
Director Sales & MarketingLeadership
Vinayak Mahajan
Team LeadTeam
Akshay Burhade
Account ExecutiveTeam
Kisan Sargar
Production SupportTeam
Nivia Jacob
Account ExecutiveTeam
Akshay Karale
Senior Software EngineerTeam
Seema Kote
Software EngineerTeam
Aaysha Kazi
Quality AnalysisTeam
Tejaswini Kanade
Software EngineerTeam
Ashwini Mulik
Software EngineerTeam
Rajahmad Mulani
Team LeadTeam
Sweta Kumari
Team LeadTeam
Wasim Khan
Senior Sales ExecTeam
Vinay Chavan
Team LeadTeam
Shamal Deshmukh
Quality AnalysisTeam
Suvarna Bhadane
Android DeveloperTeam
Priyanka Nagre
Operation ExecutiveTeam
Mubin Shaikh
Jr. Software EngineerTeam
Ganesh Kalal
Team LeadTeam
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Complete people profiles for Innoctive Technologies

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Financials of Innoctive Technologies

Figures of Innoctive Technologies Private Limited, the primary company behind Innoctive Technologies, for FY 2025. Revenue was ₹4.74 Cr (+4% year on year). Net loss was -₹2.34 Cr (-49% margin). EBITDA was -₹2.45 Cr (-52% margin). Revenue has grown at a compounded annual rate of +37% over three years and +89% over five years.

  • ₹4.74 CrRevenue · FY 2025 · +4% YoY
  • -₹2.34 CrNet loss · -49% margin
  • -₹2.45 CrEBITDA · -52% margin
  • ₹4.8 LakhPaid-up capital
  • 46Employees (provident fund records)
  • +37%Revenue CAGR, 3 years
  • +89%Revenue CAGR, 5 years

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

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Detailed financial statements for Innoctive Technologies

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  • Downloads

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Timeline of Innoctive Technologies

4 dated milestones of Innoctive Technologies across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Innoctive Technologies is founded.
  2. Funding First funding round of $95K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $40K.

Top companies in Logistics Technology & Platforms

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

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Swiggy
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,488
Delhivery
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
Shiprocket
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 Innoctive Technologies

CargoFL pitches to central govt with tech solutions for oxygen logistics chaos
Itln • 5 years ago
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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 CEO of Innoctive Technologies, as recorded in our data. 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. The company's 1st funding round was a Seed of $95.11K, raised on Oct 2020.

Innoctive Technologies has 46 employees.

The primary company behind Innoctive Technologies, Innoctive Technologies Private Limited, reported revenue of ₹4.74 Cr for FY 2025, up 4% year on year.

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.

Innoctive Technologies operates through Innoctive Technologies Private Limited.

The legal entities of Innoctive Technologies currently have 4 directors, including Girish Shivani, Deepesh Kuruppath, Raju Salve and others.

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