About Ishitva
Ishitva is a company based in Ahmedabad (India) founded in 2018 by Jitesh Dadlani and Sandip Singh.. Ishitva has raised $1 million across 1 funding round from investors including FirstPort, Nepra and AVI Global Plast. The company has 29 employees as of April 09, 2024. Ishitva operates in a competitive market with competitors including Glacier, Everest Labs, Pellenc ST, Gongye Technology and Waste Robotic, among others.
- Headquarter Ahmedabad, India
- Employees 29 as on 09 Apr, 2024
- Founders Jitesh Dadlani, Sandip Singh
- Stage Minicorn
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Sectors
EnvironmentIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ishitva Robotic Systems Private Limited
- Date of Incorporation 31 Aug, 2018
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$575.86 K (USD)23.71as on Mar 31, 2024
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Net Profit
$-121.26 K (USD)-79.78as on Mar 31, 2024
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EBITDA
$-106.16 K (USD)-66.4as on Mar 31, 2024
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
May 12, 2021
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Investors
FirstPort
& 50 more
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Employee Count
29
as on Apr 09, 2024
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Funding Insights of Ishitva
Ishitva has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in May 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(12 May 2021)
- Investors Count 51
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Ishitva | Valuation | Inflection Point Ventures , FirstPort |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ishitva
Ishitva has secured backing from 51 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FirstPort, Nepra and AVI Global Plast. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Sustainable packaging and thermoformed products are provided by AVI Global Plast in India.
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Founded Year | Domain | Location | |
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Investment services are provided in Mumbai, India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ishitva
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ishitva
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ishitva Comparisons
Competitors of Ishitva
Ishitva 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 Glacier, Everest Labs, Pellenc ST, Gongye Technology and Waste Robotic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robots for automated waste sorting are provided.
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| domain | founded_year | HQ Location |
AI-based robots are provided for recyclable waste collection and sorting.
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| domain | founded_year | HQ Location |
Optical sorting solutions for waste recycling and treatment are developed.
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| domain | founded_year | HQ Location |
AI-powered sorting equipment for waste recycling is provided.
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| domain | founded_year | HQ Location |
Waste sorting is automated by robotic systems with AI integration.
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| domain | founded_year | HQ Location |
Provider of software suite solutions for in-store retail businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ishitva
When was Ishitva founded?
Ishitva was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Ishitva located?
Ishitva is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Ishitva?
Sandip Singh is the current CEO of Ishitva. They have also founded this company.
Is Ishitva a funded company?
Ishitva is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on May 12, 2021.
How many employees does Ishitva have?
As of Apr 09, 2024, the latest employee count at Ishitva is 29.
What is the annual revenue of Ishitva?
Annual revenue of Ishitva is $575.86K as on Mar 31, 2024.
What does Ishitva do?
Ishitva was founded in 2018 in Ahmedabad, India, as a provider of AI-powered automated waste sorting systems. Operations focus on the waste management and recycling sector, with systems designed for plastic recycling, municipal waste processing, and textile sorting. Materials are identified and separated using artificial intelligence to enhance efficiency and recovery rates. Customizable solutions are tailored to specific facility needs and waste streams, supporting material recovery in various geographies.
Who are the top competitors of Ishitva?
Ishitva's top competitors include Glacier, Pellenc ST and Gongye Technology.
Who are Ishitva's investors?
Ishitva has 51 investors. Key investors include FirstPort, Nepra, AVI Global Plast, IP Ventures, and Anup Gulati.
What is Ishitva's valuation?
The valuation of Ishitva is $10.03M as of May 2021.