About Selfservit
Selfservit is a company based in Chennai (India) founded in 2011 by Chandresh Rao, Praveen Rajagopal, and Chak Mamidipalli. Selfservit has raised $4.11 million across 2 funding rounds from investors including Rajesh Ramaiah, Ganga Ramaiah and Balaji Krishnan. Selfservit operates in a competitive market with competitors including Cenosco, Loopcycle, 365 Software, Makula and Metegrity, among others.
- Headquarter Chennai, India
- Founders Chandresh Rao, Praveen Rajagopal, Chak Mamidipalli
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website mservice.ai
- Social LinkedIn X Facebook
- Legal Name Selfservit Solutions Private Limited
- Date of Incorporation 22 Aug, 2008
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.55 Cr
FY 2025 · -6% YoY
- Net Profit₹24.9 Lakh
FY 2025 · 7% margin
- EBITDA₹34.4 Lakh
FY 2025 · 10% margin
- Total Equity Funding$4.11M (USD)
in 2 rounds
- Latest Funding Round$4.06M (USD), Angel Round
Oct 2018
Associated legal entities of Selfservit
Selfservit operates through Selfservit Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Selfservit Solutions Private Limited CIN U72900TN2008PTC068979 | Active | 22 Aug 2008 | Chennai, Tamil Nadu | ₹3.5 Cr | 29 | 3 | View details |
Apps and channels of Selfservit
Selfservit publishes 1 mobile app with over 500 downloads.
Funding Insights of Selfservit
Selfservit has successfully raised a total of $4.11M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $4.06 million completed in October 2018. 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 $4.11M
- Total Rounds 2
- Last Round Angel Round — $4.06M
- First Round $43,300
(Nov 2015)
- Investors Count 17
All 2 funding rounds of Selfservit 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 |
|---|---|---|---|---|---|
| Oct 2018 | $4.06M | Angel Round | – | Rajesh Ramaiah, Ganga Ramaiah | – |
| Nov 2015 | $43,300 | Angel Round | $893,524 | Jyothirmayi Chavali, Anand Nandulla | – |
Last known valuation $893,524 (Nov 2015). 17 investors in total: 0 institutional and 17 angel.
Investors in Selfservit
Selfservit has secured backing from 17 investors, including angel investors. Prominent investors backing the company include Rajesh Ramaiah, Ganga Ramaiah and Balaji Krishnan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RR Rajesh Ramaiah | - | – | unknown_3abd8aa2989b4c728 | - |
GR Ganga Ramaiah | - | – | unknown_71a332a3855b4691a | - |
BK Balaji Krishnan | - | – | unknown_a4945f0a584c43528 | - |
KV K V Anand | - | – | unknown_90969d6d1a8e4cea8 | - |
AW Anil Waghmare | - | – | unknown_9f778a78aea44643a | - |
GK Gopinath Krishamurthy | - | – | unknown_4222409bf5d64c838 | - |
PL Palani Loganathan | - | – | unknown_2d55536e65a64fb78 | - |
BR B R Nagaraj | - | – | unknown_05a399f828fc43d78 | - |
GC Gurunath Chakrasali | - | – | unknown_0cec1900076d427bb | - |
GH Gopal H | - | – | unknown_c1f646706f3a4f248 | - |
Investor details for Selfservit
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 Selfservit Solutions Private Limited (Selfservit)
Selfservit Solutions Private Limited is the primary company behind Selfservit. The board of Selfservit Solutions Private Limited currently have 3 directors; the longest-serving is Mamidipalli Chakravarthi, appointed in 2008. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mamidipalli Chakravarthi DIN 02261832 | Director | 22 Aug 2008 | 18 yrs 1 mo | Selfservit Solutions Private Limited |
| Palani Loganathan DIN 08021509 | Director | 20 Mar 2019 | 7 yrs 6 mo | Selfservit Solutions Private Limited |
| Chandresh Balakrishna Rao DIN 02542918 | Director | 10 Jun 2024 | 2 yrs 4 mo | Selfservit Solutions Private Limited |
People of Selfservit
3 people are tracked at Selfservit (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Praveen Rajagopal | Co-Founder | Leadership |
Chak Mamidipalli | Co-Founder & CEO | Leadership |
Complete people profiles for Selfservit
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 Selfservit
Figures of Selfservit Solutions Private Limited, the primary company behind Selfservit, for FY 2025. Revenue was ₹3.55 Cr (-6% year on year). Net profit was ₹24.9 Lakh (7% margin). EBITDA was ₹34.4 Lakh (10% margin). Revenue has grown at a compounded annual rate of -3% over three years and +6% over five years.
- ₹3.55 CrRevenue · FY 2025 · -6% YoY
- ₹24.9 LakhNet profit · 7% margin
- ₹34.4 LakhEBITDA · 10% margin
- ₹11.8 LakhPaid-up capital
- 29Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Selfservit Solutions Private Limited are on its company page.
Detailed financial statements for Selfservit
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 Selfservit
3 dated milestones of Selfservit across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Selfservit is founded.
- Funding First funding round of $43K.
- Funding Latest funding round, Angel Round, of $4.1M.
Competitors of Selfservit
Selfservit 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 Cenosco, Loopcycle, 365 Software, Makula and Metegrity, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cenosco.com | 2000 | The Hague, Netherlands | – | – | Predictive maintenance software for industrial asset integrity is provided. | |
| loopcycle.io | 2019 | London, United Kingdom | – | 1 | Traceability and management of commercial equipment lifecycles are facilitated. | |
| 365software.com.au | 2014 | Sippy Downs, Australia | – | – | Provides a cloud-based platform for industrial equipment rentals. | |
| makula.io | 2020 | Berlin, Germany | – | – | SME machines are manufactured by Makula in Berlin, Germany. | |
| metegrity.com | 1992 | Edmonton, Canada | – | – | Provides software and services for asset integrity in energy and mining industries. | |
| raapyd.com | 2022 | Plano, United States | – | – | Provides software solutions for vendor management and business automation. | |
| irontrac.com | 2015 | Frisco, United States | – | – | Software platform for real-time iron asset tracking, certification, and inventory management. |
Detailed competitors of Selfservit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Selfservit
10 companies that operate in the same segment as Selfservit (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Selfservit
Selfservit was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Selfservit is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Chak Mamidipalli is the current CEO of Selfservit. They have also founded this company.
Selfservit is a funded company, having raised a total of $4.11M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $43.3K, raised on Nov 2015.
The primary company behind Selfservit, Selfservit Solutions Private Limited, reported revenue of ₹3.55 Cr for FY 2025, down 6% year on year.
Selfservit was founded in 2011 in Chennai, India, as a provider of cloud-based field service management software. Features such as dealer tracking, field force tracking, field data management, supplier management, vendor management, and analytical report generation are included in the offerings. Operations are based at the domain mservice.ai. Co-founders Chandresh Rao and Praveen Rajagopal are joined by Chak Mamidipalli, who serves as CEO.
Selfservit has 17 investors. Key investors include Rajesh Ramaiah, Ganga Ramaiah, Balaji Krishnan, K V Anand, and Anil Waghmare.
The valuation of Selfservit is $893.52K as of Nov 2015.
Selfservit operates through Selfservit Solutions Private Limited.
The legal entities of Selfservit currently have 3 directors, including Chandresh Balakrishna Rao, Palani Loganathan, Mamidipalli Chakravarthi.
Yes. Selfservit publishes MySatake, with over 500 downloads.