About Linecraft
Linecraft is a company based in Pune (India) founded in 2018 by Mangesh Kale, Saya Date, and Ranjit Date was acquired by Wipro infra in December 2022.. Linecraft has raised $1.19 million across 1 funding round from investors including Wipro infra, Kedar Mankekar and Shivanand Mankekar. The company has 43 employees as of March 31, 2024. Linecraft operates in a competitive market with competitors including Tulip, Braincube, Worximity, Praemo and Trio Mobil, among others.
- Headquarter Pune, India
- Employees 43 as on 31 Mar, 2024
- Founders Mangesh Kale, Saya Date, Ranjit Date
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wipro Linecraft Ai Private Limited
- Date of Incorporation 10 Feb, 2003
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$774.76 K (USD)59.24as on Mar 31, 2023
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Net Profit
$-701.98 K (USD)-208as on Mar 31, 2023
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EBITDA
$-792.69 K (USD)-484.09as on Mar 31, 2023
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Total Equity Funding
$1.19 M (USD)
in 1 rounds
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Latest Funding Round
$1.19 M (USD), Angel Round
Apr 07, 2022
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Investors
Wipro infra
& 3 more
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Employee Count
43
as on Mar 31, 2024
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Acquired by
Wipro infra
(Dec 01, 2022)
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Funding Insights of Linecraft
Linecraft has successfully raised a total of $1.19M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $1.19 million completed in April 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $1.2M
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First Round
First Round
(07 Apr 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Angel Round - Linecraft | Valuation | Aparna Kale |
| 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 Linecraft
Linecraft has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Wipro infra, Kedar Mankekar and Shivanand Mankekar. 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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KM
Kedar Mankekar |
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Founded Year | Domain | Location |
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SM
Shivanand Mankekar |
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Founded Year | Domain | Location |
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AK
Aparna Kale |
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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 Linecraft
| 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 - Linecraft
| 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 |
Linecraft Comparisons
Competitors of Linecraft
Linecraft 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 Tulip, Braincube, Worximity, Praemo and Trio Mobil, 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 |
IoT-based software for manufacturing efficiency and data integration is provided.
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| domain | founded_year | HQ Location |
Cloud-based IoT and data analytics are offered for manufacturing operations.
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| domain | founded_year | HQ Location |
Production analysis software is offered for real-time manufacturing monitoring.
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| domain | founded_year | HQ Location |
AI-based production analytics solutions are provided to predict operational failures.
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| domain | founded_year | HQ Location |
IoT and Tracking Solutions - Trio Mobil
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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 Linecraft
When was Linecraft founded?
Linecraft was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Linecraft located?
Linecraft is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Linecraft a funded company?
Linecraft is a funded company, having raised a total of $1.19M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.19M, raised on Apr 07, 2022.
How many employees does Linecraft have?
As of Mar 31, 2024, the latest employee count at Linecraft is 43.
What is the annual revenue of Linecraft?
Annual revenue of Linecraft is $774.76K as on Mar 31, 2023.
What does Linecraft do?
Linecraft was founded in 2018 in Pune, India, focusing on manufacturing industries. Cloud and IoT technologies are utilized to deliver production analysis solutions. Data from industrial machines is collected and analyzed through AI-based methods. Recommendations for efficiency optimization are generated, supported by domain expertise for decision-making. Integration with ERP and SAP systems is enabled to facilitate operations.
Who are the top competitors of Linecraft?
Who are Linecraft's investors?
Linecraft has 4 investors. Key investors include Wipro infra, Kedar Mankekar, Shivanand Mankekar, and Aparna Kale.
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