About L Connectt
L Connectt was a Technology company based in Bengaluru (India) founded in 2013 by Mahalakshmi Basaviah, Prrashanth Nagaraj, and Uma Dakshina Murthy. It delivers a platform for sales analytics solutions. It operates on a B2B model. L Connectt has raised $198.68 thousand across 2 funding rounds from investors including Deepinder Singh Dhingra, Mala Shubhash Raikar and Deepinder Singh Dhingra. L Connectt was last valued at $5.11 million in April 2019. Its chief executive is Prrashanth Nagaraj. The company is recorded as dissolved. Its focus areas include Information Technology, Software, Analytics and Sales Analytics. Its legal entity in India is Digiconnectt Technologys Private Limited (U72900KA2017PTC099496). Its competitors include Outreach, People.ai, Vividly, Propense.ai and Aviso and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
L Connectt, established in 2013, excels in information technology, software, providing analytics solutions, and sales analytics. Delivers a platform for sales analytics solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Mahalakshmi Basaviah, Prrashanth Nagaraj, Uma Dakshina Murthy
- Stage Minicorn
- SectorsTechnology
- Website lconnectt.com
- Social X Facebook
- Legal Name Digiconnectt Technologys Private Limited
- Date of Incorporation 01 Feb, 2017
- Jurisdiction Bangalore, Karnataka, India
- Net Loss-₹4.8 Lakh
FY 2022 · 0% margin
- EBITDA-₹2.4 Lakh
FY 2022 · 0% margin
- Total Equity Funding$198.68K (USD)
in 2 rounds
- Latest Funding Round$23.58K (USD), Angel Round
Apr 2019
- InvestorsAspire Logistics
& 3 more
Associated legal entities of L Connectt
L Connectt operates through Digiconnectt Technologys Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Digiconnectt Technologys Private Limited CIN U72900KA2017PTC099496 | Active | 01 Feb 2017 | Bangalore, Karnataka | – | – | 2 | View details |
Funding Insights of L Connectt
L Connectt has successfully raised a total of $198.68K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $23.58 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 $198,682
- Total Rounds 2
- Last Round Angel Round — $23,582
- First Round $175,100
(Jun 2018)
- Investors Count 4
All 2 funding rounds of L Connectt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $23,582 | Angel Round | $5.11M | Deepinder Singh Dhingra, Deepinder Singh Dhingra | |
| Jun 2018 | $175,100 | Seed | $5M | Aspire Logistics | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2019 | $5.11M | •••••••• |
| Jun 2018 | $5M | •••••••• |
Last known valuation $5.11M (Apr 2019). 4 investors in total: 1 institutional and 3 angel.
Investors in L Connectt
L Connectt has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include Deepinder Singh Dhingra, Mala Shubhash Raikar and Deepinder Singh Dhingra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Aspire Logistics is involved in logistics services. | – | aspirelogistics.qa | Doha, Qatar | |
DS Deepinder Singh Dhingra | Angel investor, ex-Product Head at MyGlamm, active in Indian startup ecosystem | – | unknown_4e4b4eaac15c4bc4a | - |
MS Mala Shubhash Raikar | - | – | unknown_2b58dbda52374c899 | - |
DS Deepinder Singh Dhingra | - | – | unknown_8f13d8c35a474e0b9 | - |
Investor details for L Connectt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Digiconnectt Technologys Private Limited (L Connectt)
Digiconnectt Technologys Private Limited is the primary company behind L Connectt. The board of Digiconnectt Technologys Private Limited currently have 2 directors; the longest-serving is Prrashanth Nagaraj Horalahalli, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prrashanth Nagaraj Horalahalli DIN 07564039 | Director | 01 Feb 2017 | 9 yrs 8 mo | Digiconnectt Technologys Private Limited |
| Mahalakshmi Basaviah Shivabasappa DIN 07564193 | Director | 01 Feb 2017 | 9 yrs 8 mo | Digiconnectt Technologys Private Limited |
People of L Connectt
3 people are tracked at L Connectt (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Founder, CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for L Connectt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of L Connectt
Figures of Digiconnectt Technologys Private Limited, the primary company behind L Connectt, for FY 2022. Net loss was -₹4.8 Lakh (0% margin). EBITDA was -₹2.4 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹4.8 LakhNet loss · 0% margin
- -₹2.4 LakhEBITDA · 0% margin
- ₹2.1 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Digiconnectt Technologys Private Limited are on its company page.
Detailed financial statements for L Connectt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of L Connectt
4 dated milestones of L Connectt across 6 years, from founding to its latest funding, stage changes and deals.
- Founded L Connectt is founded.
- Funding First funding round of $175K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $24K.
Competitors of L Connectt
L Connectt has 9 listed competitors in our database, 9 of them funded. They include Outreach, People.ai, Vividly, Propense.ai and Aviso, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| outreach.io | 2014 | Seattle, United States | $489.09M | 1,023 | Sales execution platform provided to streamline strategies and engage customers. | |
| people.ai | 2016 | San Francisco, United States | $197.58M | 100 | Sales representatives' performance is evaluated via an AI-based platform. | |
| govividly.com | 2017 | San Francisco, United States | $62.87M | – | Trade promotion management software is provided for CPG brands. | |
| propense.ai | 2023 | Miami, United States | $3M | – | AI technology platform to drive cross-selling and identifies new revenue streams for businesses | |
| aviso.com | 2012 | Redwood, United States | $31M | 22 | AI-powered predictive analytics are provided for sales optimization. | |
| orbitshift.ai | 2022 | Lewes, United States | $8.5M | 23 | AI based sales intelligence solutions based on CRM data | |
| sales-marker.jp | 2021 | Minato, Japan | $15.38M | – | AI based sales intelligence tool for businesses | |
| flashintel.ai | 2022 | San Francisco, United States | $10M | – | Go-to-market intelligence is provided for optimizing business sales teams. | |
| advisr.com | 2017 | New York, United States | $9.93M | 74 | Software is provided for data-driven sales pitches to customers. |
Detailed competitors of L Connectt
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Business Analytics & Intelligence Tools
10 companies that operate in the same segment as L Connectt (Business Analytics & Intelligence Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 24.67 B | USD 15.9 M | 341 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 3,940 | |
Consumer intelligence-driven mobile marketing platform is provided for user acquisition. | 2005 | Singapore, Singapore | USD 10 M | USD 288.73 M | 618 | |
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | – | – | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 4,620 | |
Cloud based data streaming analytics and governance platform | 2014 | Mountain View, California, United States | USD 456 M | USD 963.64 M | 3,060 | |
Risk assessment and management solutions are provided for enterprises. | 2020 | San Diego, California, United States | USD 328.24 M | – | 393 | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore | USD 1.03 B | – | – | |
AI based text summarization and contextualization software tool | 2015 | San Francisco, California, United States | USD 222.7 M | – | 194 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 693 |
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Related news about L Connectt
Complete news archive for L Connectt
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Frequently Asked Questions about L Connectt
L Connectt was founded in 2013 and raised its 1st funding round 5 years after it was founded.
L Connectt is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prrashanth Nagaraj is the current CEO of L Connectt. They have also founded this company.
L Connectt is a funded company, having raised a total of $198.68K across 2 funding rounds to date. The company's 1st funding round was a Seed of $175.1K, raised on Jun 2018.
L Connectt, established in 2013, excels in information technology, software, providing analytics solutions, and sales analytics. Delivers a platform for sales analytics solutions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
L Connectt has 4 investors. Key investors include Deepinder Singh Dhingra, Mala Shubhash Raikar, Deepinder Singh Dhingra, and Aspire Logistics.
The valuation of L Connectt is $5.11M as of Apr 2019.
L Connectt operates through Digiconnectt Technologys Private Limited.
The legal entities of L Connectt currently have 2 directors, including Prrashanth Nagaraj Horalahalli, Mahalakshmi Basaviah Shivabasappa.