Maxerience

Bengaluru, India Founded: 2014 • Age: 12 yrs Acquired By eBest IOT
Computer vision-based systems for defect detection

About Maxerience

Maxerience is a Technology company based in Bengaluru (India) founded in 2014, and was acquired by eBest IOT in June 2019. Computer vision-based systems for defect detection. It operates in the Technology and Retail sectors. Its Indian entity Maxerience Electrosystems Private Limited reported revenue of β‚Ή1.80 Cr. Maxerience offers products and services including Store360, PicToPog, ClickToWin, PDFtoPog, and EZPOG. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Offline and In Store Retail Tech.

Company details

Maxerience was founded in 2014 in Bengaluru, India, focusing on the manufacturing sector. Systems based on computer vision are developed to scan production lines for defects, with machine learning applied to automate detection processes. Business analytics are generated through visual intelligence, 3D object detection, adaptive learning, and real-time inspection capabilities, supporting operational efficiency in industrial settings.

Key Metrics
  • Annual Revenue
    ₹1.80 Cr

    FY 2020 · +44% YoY

  • Net Profit
    ₹27.9 Lakh

    FY 2020 · 15% margin

  • EBITDA
    ₹18.9 Lakh

    FY 2020 · 10% margin

  • Investors
    Citrix

    & 2 more

  • Acquired by
    eBest IOT

    (Jun 2019)

Products & Services of Maxerience

Maxerience offers a comprehensive portfolio of products and services, including Store360, PicToPog, ClickToWin, PDFtoPog, and EZPOG.

Store360
Retail Tool

Platform for retail operations and planogram insights.

PicToPog
Image Recognition

Converts images to planograms for retail management.

ClickToWin
Engagement Tool

Facilitates interactive retail promotions and tracking.

PDFtoPog
Conversion Tool

Transforms PDFs into planograms for store planning.

EZPOG
Planogramming Software

Simplifies planogram creation for retail efficiency.

Funding Insights of Maxerience

  • Total Rounds 2
  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2015Seed–Alchemist Accelerator
–
Feb 2015Seed––
Valuation history

3 investors in total: 3 institutional.

Investors in Maxerience

Maxerience has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Citrix, Alchemist Accelerator and eBest IOT.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Enterprise startups are accelerated via a 6-month program.
alchemistaccelerator.comSan Francisco, United States
Cloud-based virtualization for networks and desktops is delivered to businesses.
1989citrix.comFort Lauderdale, United States
Provides IoT-based solutions tailored for the retail sector.
2016ebest-iot.comAshburn, United States
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Investor details for Maxerience

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Maxerience Electrosystems Private Limited (Maxerience)

Maxerience Electrosystems Private Limited is the primary company behind Maxerience. The board of Maxerience Electrosystems Private Limited currently have 2 directors; the longest-serving is Kawaljit Bakshi Singh, appointed in 2019. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kawaljit Bakshi Singh
DIN 07862550
Director30 Aug 20197 yrs 2 moMaxerience Electrosystems Private Limited
Rajesh Sharma
DIN 03198210
Director30 Aug 20197 yrs 2 moMaxerience Electrosystems Private Limited

People of Maxerience

7 people are tracked at Maxerience (3 in leadership, 4 in team).

NameRoleGroup
Joseph Montesano
Director of Sales & MarketingLeadership
Raymond Camacho
VP of Customer SuccessLeadership
Karan Bakshi
CEOLeadership
Jason Derienzo
CROTeam
Alan Kennedy
SVP of Retail ExecutionTeam
Blaine Ross
Strategic Growth OfficerTeam
Mirella Pujol
Customer Success Lead of LATAMTeam
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Complete people profiles for Maxerience

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Maxerience

Figures of Maxerience Electrosystems Private Limited, the primary company behind Maxerience, for FY 2020. Revenue was ₹1.80 Cr (+44% year on year). Net profit was ₹27.9 Lakh (15% margin). EBITDA was ₹18.9 Lakh (10% margin). Revenue has grown at a compounded annual rate of +304% over three years.

  • ₹1.80 CrRevenue · FY 2020 · +44% YoY
  • ₹27.9 LakhNet profit · 15% margin
  • ₹18.9 LakhEBITDA · 10% margin
  • ₹35 LakhPaid-up capital
  • +304%Revenue CAGR, 3 years

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

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Detailed financial statements for Maxerience

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

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Maxerience

4 dated milestones of Maxerience across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Maxerience is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.
  4. Exit Acquired by eBest IOT.

Web traffic of Maxerience

The website of Maxerience (maxerience.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 2088.2% vs previous month

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Frequently Asked Questions about Maxerience

Maxerience was founded in 2014 and raised its 1st funding round 1 year after it was founded.

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

The primary company behind Maxerience, Maxerience Electrosystems Private Limited, reported revenue of β‚Ή1.80 Cr for FY 2020, up 44% year on year.

Maxerience was founded in 2014 in Bengaluru, India, focusing on the manufacturing sector. Systems based on computer vision are developed to scan production lines for defects, with machine learning applied to automate detection processes. Business analytics are generated through visual intelligence, 3D object detection, adaptive learning, and real-time inspection capabilities, supporting operational efficiency in industrial settings.

Maxerience offers Store360, PicToPog, ClickToWin, PDFtoPog, and EZPOG.

Maxerience has 3 investors. Key investors include Citrix, Alchemist Accelerator, and eBest IOT.

Maxerience operates through Maxerience Electrosystems Private Limited.

Yes. Maxerience was acquired by eBest IOT in June 2019.

The legal entities of Maxerience currently have 2 directors, including Kawaljit Bakshi Singh, Rajesh Sharma.

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