KleverMind

Delhi, India Founded: 2015 • Age: 11 yrs Minicorn
Comprehensive mobility-as-a-service solutions are delivered via a tech-enabled platform.

About KleverMind

KleverMind is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015. Comprehensive mobility-as-a-service solutions are delivered via a tech-enabled platform. KleverMind has raised $115.08 thousand across 2 funding rounds from investors including Benori Ventures. KleverMind was last valued at $2.31 million in June 2018. Its Indian entity Klevermind Infotech Private Limited reported revenue of β‚Ή16 Lakh. KleverMind offers products and services including Mobility Solutions, Employee Transportation Management, Billing System, Monitoring System, and Dispatching System. Its focus areas include Consumer, Road Transport Tech, Employee Transport Management and Tech Enabled Services. Its competitors include MoveInSync, Routematic and Commutec; 3 of its 3 listed competitors have raised funding.

Company details

KleverMind was founded in 2015 in Delhi, India, as a tech-enabled platform in the mobility sector. Vehicle tracking systems and dispatch management are provided through the platform. An employee transportation management system is also offered, incorporating features such as real-time trip notifications and SoS alerts. Operations focus on comprehensive mobility-as-a-service solutions for various users.

Key Metrics
  • Annual Revenue
    ₹16 Lakh

    FY 2023 · +59% YoY

  • Net Profit
    ₹1.4 Lakh

    FY 2023 · 8% margin

  • EBITDA
    ₹2.4 Lakh

    FY 2023 · 15% margin

  • Total Equity Funding
    $115.08K (USD)

    in 2 rounds

  • Latest Funding Round
    $37.26K (USD), Seed

    Jun 2018

  • Investors

Products & Services of KleverMind

KleverMind offers a comprehensive portfolio of products and services, including Mobility Solutions, Employee Transportation Management, Billing System, Monitoring System, and Dispatching System.

Mobility Solutions
Transportation Platform

End-to-end platform for optimized fleet and logistic management.

Employee Transportation Management
HR Tech

System for safe and efficient employee commuting services.

Billing System
Financial Tools

Automates complex billing processes for transportation operations.

Monitoring System
Tracking Tools

Provides real-time vehicle location and safety monitoring features.

Dispatching System
Operational Tools

Enables fast vehicle allocation and route optimization.

Funding Insights of KleverMind

KleverMind has successfully raised a total of $115.08K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $37.26 thousand completed in June 2018. 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 $115,079
  • Total Rounds 2
  • Last Round Seed β€” $37,256
  • First Round $77,823

    (Jul 2017)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018$37,256Seed$2.31MBenori Ventures
–
Jul 2017$77,823Seed$311,294Benori Ventures
–
Valuation history
DateValuationStage
Jun 2018$2.31Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.31M (Jun 2018). 1 investors in total: 1 institutional.

Investors in KleverMind

KleverMind has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Benori Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Indian startups are accelerated and incubated by Benori Ventures.
benoriventures.comGurugram, India
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Investor details for KleverMind

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Board of directors of Klevermind Infotech Private Limited (KleverMind)

Klevermind Infotech Private Limited is the primary company behind KleverMind. The board of Klevermind Infotech Private Limited currently have 2 directors; the longest-serving is Sanghamitra Pattanayak, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Sanghamitra Pattanayak
DIN 07082770
Director20 Nov 201510 yrs 11 moKlevermind Infotech Private Limited
Jajati Pattanayak Keshri
DIN 07315559
Director20 Nov 201510 yrs 11 moKlevermind Infotech Private Limited

Financials of KleverMind

Figures of Klevermind Infotech Private Limited, the primary company behind KleverMind, for FY 2023. Revenue was ₹16 Lakh (+59% year on year). Net profit was ₹1.4 Lakh (8% margin). EBITDA was ₹2.4 Lakh (15% margin). Revenue has grown at a compounded annual rate of -15% over three years and +8% over five years.

  • ₹16 LakhRevenue · FY 2023 · +59% YoY
  • ₹1.4 LakhNet profit · 8% margin
  • ₹2.4 LakhEBITDA · 15% margin
  • ₹1.4 LakhPaid-up capital
  • -15%Revenue CAGR, 3 years
  • +8%Revenue CAGR, 5 years

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

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Detailed financial statements for KleverMind

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of KleverMind

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

  1. Founded KleverMind is founded.
  2. Funding First funding round of $78K.
  3. Funding Latest funding round, Seed, of $37K.
  4. Milestone Reaches Minicorn status.

Competitors of KleverMind

KleverMind has 3 listed competitors in our database, 3 of them funded. They include MoveInSync, Routematic and Commutec.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moveinsync.com2009Bengaluru, India$32.62M887
Employee transportation management solutions are provided for automated commutes.
routematic.com2007Bengaluru, India$47.13M547
Provider of employee transportation management platform with fleet and technology solutions
commutec.in2016Navi Mumbai, India$199,546106
SaaS route scheduling software is provided for employee transport management.
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Detailed competitors of KleverMind

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Road Transport Tech

3 companies that operate in the same segment as KleverMind (Road Transport Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.83 BUSD 278.63 M2,473
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 798.05 MUSD 19.11 M817
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
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Frequently Asked Questions about KleverMind

KleverMind was founded in 2015 and raised its 1st funding round 2 years after it was founded.

KleverMind is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

KleverMind is a funded company, having raised a total of $115.08K across 2 funding rounds to date. The company's 1st funding round was a Seed of $77.82K, raised on Jul 2017.

The primary company behind KleverMind, Klevermind Infotech Private Limited, reported revenue of β‚Ή16 Lakh for FY 2023, up 59% year on year.

KleverMind was founded in 2015 in Delhi, India, as a tech-enabled platform in the mobility sector. Vehicle tracking systems and dispatch management are provided through the platform. An employee transportation management system is also offered, incorporating features such as real-time trip notifications and SoS alerts. Operations focus on comprehensive mobility-as-a-service solutions for various users.

KleverMind's top competitors include MoveInSync, Routematic and Commutec.

KleverMind offers Mobility Solutions, Employee Transportation Management, Billing System, Monitoring System, and Dispatching System.

KleverMind has 1 investor. Key investors include Benori Ventures.

The valuation of KleverMind is $2.31M as of Jun 2018.

KleverMind operates through Klevermind Infotech Private Limited.

The legal entities of KleverMind currently have 2 directors, including Sanghamitra Pattanayak, Jajati Pattanayak Keshri.

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