About Quoality
Quoality is a Travel & Hospitality company based in Gurugram (India) founded in 2020 by Vikas Chandra and Akshay Dekate. A platform for managing in-room hotel ancillary services is offered. Quoality has raised $94.05 thousand across 1 funding round from investors including Anicut Capital. The company has 1 employees. Quoality was last valued at $1.89 million in September 2022. Its chief executive, as recorded, is Akshay Dekate. Its Indian entity Quoworks Technologies Private Limited reported revenue of ₹1.35 Cr. Its focus areas include Travel and Hospitality Tech, Hotel IT, Diversified and Hotel.
Company details
Quoality was founded in 2020 and is headquartered in Gurugram, India. A digital platform is provided by the company for handling in-room ancillary services within the hospitality sector. Operations focus on guest management, customer engagement, service discovery, request fulfillment, and pre- and post-checkout processes. The solution supports hoteliers in streamlining these functions across properties.
- Headquarters Gurugram, India
- Employees 1
- Founders Vikas Chandra, Akshay Dekate
- Stage Minicorn
- SectorsTravel & Hospitality
- Email••••••••
- Website quoality.com
- Social LinkedIn YouTube
- Legal Name Quoworks Technologies Private Limited
- Date of Incorporation 02 Dec, 2020
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.35 Cr
FY 2022
- Net Profit₹27.9 Lakh
FY 2022 · 21% margin
- EBITDA₹27.9 Lakh
FY 2022 · 21% margin
- Total Equity Funding$94.05K (USD)
in 1 rounds
- Latest Funding Round$94.05K (USD), Seed
Sep 2022
- Investors
- Employee Count1
Associated legal entities of Quoality
Quoality operates through Quoworks Technologies 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 |
|---|---|---|---|---|---|---|---|
| Quoworks Technologies Private Limited CIN U72900PN2020PTC196475 | Active | 02 Dec 2020 | Pune, Maharashtra | ₹1.3 Cr | 3 | View details |
Apps and channels of Quoality
its YouTube channel Lazada Indonesia has 13.5K subscribers and 30 videos.
Videos from Quoality
The most watched videos on Quoality's YouTube channel, Lazada Indonesia (13.5K subscribers). Click a video to play it here.
More on Lazada Indonesia.
Funding Insights of Quoality
Quoality has successfully raised a total of $94.05K through 1 strategic funding round. The most recent funding activity was a Seed round of $94.05 thousand completed in September 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 $94,051
- Total Rounds 1
- Last Round Seed — $94,051
- First Round $94,051
(Sep 2022)
- Investors Count 1
All 1 funding rounds of Quoality 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 |
|---|---|---|---|---|---|
| Sep 2022 | $94,051 | Seed | $1.89M | Anicut Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2022 | $1.89M | •••••••• |
Last known valuation $1.89M (Sep 2022). 1 investors in total: 1 institutional.
Investors in Quoality
Quoality has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Anicut Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India |
Investor details for Quoality
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 Quoworks Technologies Private Limited (Quoality)
Quoworks Technologies Private Limited is the primary company behind Quoality. The board of Quoworks Technologies Private Limited currently have 3 directors; the longest-serving is Akshay Kumar Dekate, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Kumar Dekate DIN 07533237 | Director | 02 Dec 2020 | 5 yrs 10 mo | Quoworks Technologies Private Limited |
| Vikas Chandra DIN 09095998 | Director | 08 Mar 2021 | 5 yrs 7 mo | Quoworks Technologies Private Limited |
| Tejaswi Chawla DIN 06669175 | Director | 30 May 2022 | 4 yrs 4 mo | Quoworks Technologies Private Limited |
People of Quoality
2 people are tracked at Quoality (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Quoality
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 Quoality
Figures of Quoworks Technologies Private Limited, the primary company behind Quoality, for FY 2022. Revenue was ₹1.35 Cr. Net profit was ₹27.9 Lakh (21% margin). EBITDA was ₹27.9 Lakh (21% margin).
- ₹1.35 CrRevenue · FY 2022
- ₹27.9 LakhNet profit · 21% margin
- ₹27.9 LakhEBITDA · 21% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Quoworks Technologies Private Limited are on its company page.
Detailed financial statements for Quoality
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Quoality
3 dated milestones of Quoality across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Quoality is founded.
- Funding First funding round of $94K.
- Milestone Reaches Minicorn status.
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Related news about Quoality
Complete news archive for Quoality
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Frequently Asked Questions about Quoality
Quoality was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Quoality is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Akshay Dekate is the CEO of Quoality, as recorded in our data. They have also founded this company.
Quoality is a funded company, having raised a total of $94.05K across 1 funding round to date. The company's 1st funding round was a Seed of $94.05K, raised on Sep 2022.
Quoality has 1 employees.
The primary company behind Quoality, Quoworks Technologies Private Limited, reported revenue of ₹1.35 Cr for FY 2022.
Quoality was founded in 2020 and is headquartered in Gurugram, India. A digital platform is provided by the company for handling in-room ancillary services within the hospitality sector. Operations focus on guest management, customer engagement, service discovery, request fulfillment, and pre- and post-checkout processes. The solution supports hoteliers in streamlining these functions across properties.
Quoality has 1 investor. Key investors include Anicut Capital.
The valuation of Quoality is $1.89M as of Sep 2022.
Quoality operates through Quoworks Technologies Private Limited.
The legal entities of Quoality currently have 3 directors, including Vikas Chandra, Akshay Kumar Dekate, Tejaswi Chawla.