Kaaenaat

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Developer of advanced driver assistance systems

About Kaaenaat

Kaaenaat is a Technology company based in Bengaluru (India) founded in 2016 by Mercy Paul Selvan, Madhura Chikhalikar, and Akbar Ladak. Developer of advanced driver assistance systems. It operates in the Technology and Transportation, Automotive & Logistics sectors. Kaaenaat has raised $21.66 thousand across 1 funding round from investors including SINE, Anand Chikkaballapur Umashankar and Madhusudan Shekar. Kaaenaat was last valued at $1.43 million in April 2019. Its chief executive, as recorded, is Akbar Ladak. Its Indian entity Kaaenaat Private Limited reported revenue of β‚Ή9.8 Lakh. Its focus areas include High Tech, Computer Vision, Industry Specific Applications and Aviation. Its competitors include GoodVision and DeepSight AI Labs; 1 of its 2 listed competitors has raised funding.

Company details

Kaaenaat was founded in 2016 in Bengaluru, India, as a technology firm focused on AI-driven solutions. Deep learning and computer vision technologies are applied to create systems for driver assistance, intelligent traffic management, robotics, and analysis of indoor environments. Operations center on designing and building these tools for automotive and related sectors, with a base in the Indian technology ecosystem.

  • Headquarters Bengaluru, India
  • Founders Mercy Paul Selvan, Madhura Chikhalikar, Akbar Ladak
  • Stage Minicorn
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Website kaaenaat.com
  • Social LinkedIn X
  • Legal Name Kaaenaat Private Limited
  • Date of Incorporation 15 Jul, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹9.8 Lakh

    FY 2017

  • Net Loss
    -₹17.7 Lakh

    FY 2017 · -181% margin

  • EBITDA
    -₹16.3 Lakh

    FY 2017 · -166% margin

  • Total Equity Funding
    $21.66K (USD)

    in 1 rounds

  • Latest Funding Round
    $21.66K (USD), Seed

    Apr 2019

  • Investors
    SINE

    & 4 more

Funding Insights of Kaaenaat

Kaaenaat has successfully raised a total of $21.66K through 1 strategic funding round. The most recent funding activity was a Seed round of $21.66 thousand completed in April 2019. 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 $21,662
  • Total Rounds 1
  • Last Round Seed β€” $21,662
  • First Round $21,662

    (Apr 2019)

  • Investors Count 5

All 1 funding rounds of Kaaenaat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019$21,662Seed$1.43MSINE
Valuation history
DateValuationStage
Apr 2019$1.43Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.43M (Apr 2019). 5 investors in total: 1 institutional and 4 angel.

Investors in Kaaenaat

Kaaenaat has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include SINE, Anand Chikkaballapur Umashankar and Madhusudan Shekar.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
sineiitb.orgMumbai, India

Anand Chikkaballapur Umashankar

unknown_b5c1be3808a5440b8

Madhusudan Shekar

unknown_885a44dd5f5f4ecba

Anand Chikkaballapur Umashankar

unknown_30e10d81702b48199

Madhusudan Shekar

unknown_35b88603f09148eeb
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Investor details for Kaaenaat

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Verified entity values are shown only after access is granted.

Board of directors of Kaaenaat Private Limited (Kaaenaat)

Kaaenaat Private Limited is the primary company behind Kaaenaat. The board of Kaaenaat Private Limited currently have 2 directors; the longest-serving is Akbar Abdulmalik Ladak, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Akbar Abdulmalik Ladak
DIN 07563579
Director15 Jul 201610 yrs 3 moKaaenaat Private Limited
Abdulmalik Ladak
DIN 08705180
Director20 Feb 20206 yrs 8 moKaaenaat Private Limited

People of Kaaenaat

3 people are tracked at Kaaenaat (3 in leadership).

NameRoleGroup
Mercy Paul Selvan
Co-FounderLeadership
Madhura Chikhalikar
Co-FounderLeadership
Co-Founder & CEOLeadership
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Complete people profiles for Kaaenaat

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Verified entity values are shown only after access is granted.

Financials of Kaaenaat

Figures of Kaaenaat Private Limited, the primary company behind Kaaenaat, for FY 2017. Revenue was ₹9.8 Lakh. Net loss was -₹17.7 Lakh (-181% margin). EBITDA was -₹16.3 Lakh (-166% margin).

  • ₹9.8 LakhRevenue · FY 2017
  • -₹17.7 LakhNet loss · -181% margin
  • -₹16.3 LakhEBITDA · -166% margin
  • ₹14 LakhPaid-up capital

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

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Detailed financial statements for Kaaenaat

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  • Downloads

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Timeline of Kaaenaat

3 dated milestones of Kaaenaat across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kaaenaat is founded.
  2. Funding First funding round of $22K.
  3. Milestone Reaches Minicorn status.

Competitors of Kaaenaat

Kaaenaat has 2 listed competitors in our database, 1 of them funded. They include GoodVision and DeepSight AI Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
goodvision.co.in2017Kannur, India
Manufactures high-quality roofing tiles, hollow bricks, steel wire, and white cement.
deepsightlabs.com2018Gurugram, India$305,533
Computer vision solutions are developed for multiple industry sectors.
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Detailed competitors of Kaaenaat

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  • Operating metrics
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  • Competitive positioning

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Kaaenaat

Kaaenaat was founded in 2016 and raised its 1st funding round 3 years after it was founded.

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

Akbar Ladak is the CEO of Kaaenaat, as recorded in our data. They have also founded this company.

Kaaenaat is a funded company, having raised a total of $21.66K across 1 funding round to date. The company's 1st funding round was a Seed of $21.66K, raised on Apr 2019.

The primary company behind Kaaenaat, Kaaenaat Private Limited, reported revenue of β‚Ή9.8 Lakh for FY 2017.

Kaaenaat was founded in 2016 in Bengaluru, India, as a technology firm focused on AI-driven solutions. Deep learning and computer vision technologies are applied to create systems for driver assistance, intelligent traffic management, robotics, and analysis of indoor environments. Operations center on designing and building these tools for automotive and related sectors, with a base in the Indian technology ecosystem.

Kaaenaat's top competitors include DeepSight AI Labs and GoodVision.

Kaaenaat has 5 investors. Key investors include SINE, Anand Chikkaballapur Umashankar, Madhusudan Shekar, Anand Chikkaballapur Umashankar, and Madhusudan Shekar.

The valuation of Kaaenaat is $1.43M as of Apr 2019.

Kaaenaat operates through Kaaenaat Private Limited.

The legal entities of Kaaenaat currently have 2 directors, including Abdulmalik Ladak, Akbar Abdulmalik Ladak.

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