About ShopWorx
ShopWorx is a company based in Pune (India) founded in 2016 by Swapnil Amritkar and Kiran Nataraj. ShopWorx has raised $462.44 thousand across 3 funding rounds from investors including Innovotech Investments, Girish Kulkarni and Girish Kulkarni. ShopWorx offers products and services including Production Insights, Maintenance Insights, Line MES, and Utility Insights. ShopWorx operates in a competitive market with competitors including Tulip, Braincube, Worximity, Praemo and Trio Mobil, among others.
- Headquarter Pune, India
- Founders Swapnil Amritkar, Kiran Nataraj
- Stage Minicorn
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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 Entrib Technologies Private Limited
- Date of Incorporation 22 Jan, 2001
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
-$1.8 K (USD)-127.34as on Mar 31, 2022
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EBITDA
-$1.62 K (USD)-172.11as on Mar 31, 2022
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Total Equity Funding
$462.44 K (USD)
in 3 rounds
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Latest Funding Round
$118.42 K (USD), Seed
Sep 15, 2020
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Investors
Innovotech Investments
& 4 more
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Employee Count
Not available
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Products & Services of ShopWorx
ShopWorx offers a comprehensive portfolio of products and services, including Production Insights, Maintenance Insights, Line MES, and Utility Insights.
Monitors real-time production metrics like OEE and throughput.
Schedules and tracks machine maintenance to minimize downtime.
Manages assembly lines with traceability and work order tracking.
Analyzes consumption of utilities like chillers and compressors.
People of ShopWorx
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Software Development Team
3 people
Leadership Team
1 people
COO Team
1 people
Senior Team
1 people
Test Team
1 people
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Funding Insights of ShopWorx
ShopWorx has successfully raised a total of $462.44K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $118.42 thousand completed in September 2020. 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 ShopWorx
ShopWorx has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Innovotech Investments, Girish Kulkarni and Girish Kulkarni.
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Venture capital investments are directed toward technology sectors.
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GK
Girish Kulkarni |
Angel investor and entrepreneur, founder of BuildSupply, focused on tech startups
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GK
Girish Kulkarni |
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Locked | Locked | Locked |
Investor details for ShopWorx
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Investments & Acquisitions by ShopWorx
Investment portfolio details for ShopWorx
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Financial Statements - ShopWorx
Detailed financials for ShopWorx
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Shopworx Comparisons
Peer comparison for ShopWorx
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Competitors of ShopWorx
ShopWorx 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT-based software for manufacturing efficiency and data integration is provided.
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Cloud-based IoT and data analytics are offered for manufacturing operations.
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Production analysis software is offered for real-time manufacturing monitoring.
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AI-based production analytics solutions are provided to predict operational failures.
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IoT and Tracking Solutions - Trio Mobil
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Cloud and IoT-based production analysis solutions for manufacturing are provided.
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Detailed competitors of ShopWorx
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Latest news on Shopworx
Complete news archive for ShopWorx
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Frequently Asked Questions about ShopWorx
ShopWorx was founded in 2016 and raised its 1st funding round 1 year after it was founded.
ShopWorx is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Kiran Nataraj is the current CEO of ShopWorx. They have also founded this company.
ShopWorx is a funded company, having raised a total of $462.44K across 3 funding rounds to date.
ShopWorx was founded in 2016 in Pune, India, as a provider of IoT solutions for shop floor monitoring in the manufacturing sector. Day-to-day processes are digitized through the platform, which enhances visibility and performance via actionable insights. Real-time analytics are delivered for utility consumption, including water, air, gas, energy, steam, fuel, compressors, and chillers, to support operational improvements.
ShopWorx offers Production Insights, Maintenance Insights, Line MES, and Utility Insights.
ShopWorx has 5 investors. Key investors include Innovotech Investments, Girish Kulkarni, Girish Kulkarni, Vineet Joshi, and Vineet Joshi.
The valuation of ShopWorx is $1.32M as of Sep 2020.