About ScratchNest
ScratchNest is a company based in Rupnagar (India) founded in 2019 by Akshit Dangi, Jeevant Sah, and Amit Bhati. ScratchNest has raised $125.58 thousand across 1 funding round from investors including unknown. ScratchNest operates in a competitive market with competitors including QuantalRF, Elatec RFID, Myruns, Checkpoint Systems and Matrics, among others.
- Headquarter Rupnagar, India
- Founders Akshit Dangi, Jeevant Sah, Amit Bhati
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Sectors
Technology
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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 Scratchnest Private Limited
- Date of Incorporation 25 Jun, 2019
- Jurisdiction Una, Himachal Pradesh, India
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Annual Revenue
$4.56 K (USD)0as on Mar 31, 2023
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Net Profit
-$60.22 K (USD)-949.88as on Mar 31, 2023
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EBITDA
-$60.4 K (USD)-953.12as on Mar 31, 2023
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Total Equity Funding
$125.58 K (USD)
in 1 rounds
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Latest Funding Round
$125.58 K (USD), Seed
May 30, 2022
- Investors
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Employee Count
Not available
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Funding Insights of ScratchNest
ScratchNest has successfully raised a total of $125.58K through 1 strategic funding round. The most recent funding activity was a Seed round of $125.58 thousand completed in May 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.
Investors in ScratchNest
ScratchNest has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include unknown.
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Investor details for ScratchNest
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Investments & Acquisitions by ScratchNest
Investment portfolio details for ScratchNest
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Financial Statements - ScratchNest
Detailed financials for ScratchNest
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Scratchnest Comparisons
Peer comparison for ScratchNest
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Competitors of ScratchNest
ScratchNest 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 QuantalRF, Elatec RFID, Myruns, Checkpoint Systems and Matrics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of IoT based RF receiver architectures
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Manufacturer of RFID-based access control solution
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RFID tags and readers are provided for wireless data transmission.
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Cloud-based RFID solutions are provided for offline retail operations.
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RFID technology is supplied for supply chain, assets, and security.
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Developer of RFID tags, readers and software platforms for developing asset tracking applications
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Detailed competitors of ScratchNest
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Latest news on Scratchnest
Complete news archive for ScratchNest
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Frequently Asked Questions about ScratchNest
ScratchNest was founded in 2019 and raised its 1st funding round 3 years after it was founded.
ScratchNest is headquartered in Rupnagar, India. It is registered at Rupnagar, Punjab, India.
ScratchNest is a funded company, having raised a total of $125.58K across 1 funding round to date.
Annual revenue of ScratchNest is $4.56K as on Mar 31, 2023.
ScratchNest was established in 2019 in Rupnagar, India, focusing on RFID technology for navigation applications. A range of products is offered, including integrated, fixed, desktop, and handheld RFID readers, along with RFID antennas, LoRa gateways, and LoRa nodes. Operations extend to sectors such as automation, homes and buildings, education, and the oil and gas industry, supporting various industrial and infrastructural needs.
ScratchNest's top competitors include QuantalRF, Checkpoint Systems and Nordic ID.
ScratchNest has 1 investor. Key investors include unknown.
The valuation of ScratchNest is $644.43K as of May 2022.