About SmartCheck
SmartCheck is a Business Services company based in Hyderabad (India) founded in 2018 by Sarath Reddy Devireddy and Sreenivas Teja Madala. IoT and cloud-based facility management solutions are provided for enterprises. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. SmartCheck has raised $774.63 thousand across 5 funding rounds from investors including InCred Capital, Lakhani Financial Services and Tatavarthy Chinna Venkata Narasimha Rao. The company has 25 employees. SmartCheck was last valued at $6.05 million in June 2023. Its chief executive, as recorded, is Sreenivas Teja Madala. Its Indian entity Impof It Solutions Private Limited reported revenue of ₹2.62 Cr. Its focus areas include High Tech, IoT Applications, Industry Agnostic and Asset Tracking.
Company details
SmartCheck was founded in 2018 in Hyderabad, India, as a provider in the IoT and cloud computing sector focused on enterprise facility management. A cloud-based IoT platform is utilized to support facility oversight and maintenance planning. Services encompass utility monitoring, QR-enabled MEP inspections, inventory tracking, and space optimization. Operations target organizational efficiency in building and asset management across various scales.
- Headquarters Hyderabad, India
- Employees 25
- Founders Sarath Reddy Devireddy, Sreenivas Teja Madala
- Stage Minicorn
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Email••••••••
- Phone•••• ••••
- Website ismartcheck.in
- Social LinkedIn Facebook
- Legal Name Impof It Solutions Private Limited
- Date of Incorporation 21 Mar, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.62 Cr
FY 2025 · +105% YoY
- Net Loss-₹35.9 Lakh
FY 2025 · -14% margin
- EBITDA₹2.5 Lakh
FY 2025 · 1% margin
- Total Equity Funding$774.63K (USD)
in 5 rounds
- InvestorsInCred Capital
& 13 more
- Employee Count25
Associated legal entities of SmartCheck
SmartCheck operates through Impof It 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 |
|---|---|---|---|---|---|---|---|
| Impof It Solutions Private Limited CIN U72900TG2018PTC123193 | Active | 21 Mar 2018 | Hyderabad, Telangana | ₹2.6 Cr | 25 | 4 | View details |
Funding Insights of SmartCheck
SmartCheck has successfully raised a total of $774.63K across 5 strategic funding rounds. 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 $774,634
- Total Rounds 5
- First Round $199,155
(Apr 2021)
- Investors Count 14
All 5 funding rounds of SmartCheck 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 |
|---|---|---|---|---|---|
| Apr 2024 | Debt – Conventional | – | – | ||
| Jun 2023 | $122,837 | Seed | $6.05M | – | |
| Jan 2023 | $84,555 | Angel Round | $5.55M | Sravan Kumar Narasipuram | |
| Apr 2022 | $368,087 | Seed | $••••• | Moonshot Infra Ventures, Sopal | |
| Apr 2021 | $199,155 | Angel Round | $••••• | Sravan Kumar Narasipuram, Sreekant Lanka | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $6.05M | •••••••• |
| Jan 2023 | $5.55M | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Apr 2021 | $••••• | •••••••• |
Full valuation and stage history of SmartCheck
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.05M (Jun 2023). 14 investors in total: 5 institutional and 9 angel.
Investors in SmartCheck
SmartCheck has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include InCred Capital, Lakhani Financial Services and Tatavarthy Chinna Venkata Narasimha Rao.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt firm | 2016 | incredcapital.com | Mumbai, India | |
Infrastructure development services are provided in Hyderabad, India. | Hyderabad, India | |||
Manufactures plumbing, kitchen, water, and gas equipment for distribution. | 1981 | sopal.com | Sfax, Tunisia | |
TC Tatavarthy Chinna Venkata Narasimha Rao | unknown_2582b99d91ac46649 | |||
SK Sravan Kumar Narasipuram | Angel investor and tech entrepreneur with focus on early-stage startups. | unknown_ff067fa70243498f8 | ||
NM Niveditha Manickam | unknown_00348d15007741d59 | |||
KS Kammampati Sandhya Rani | unknown_4bb73e494b3944899 | |||
SR Sandhya Ramakrishna | unknown_cf549650b3eb42e6b | |||
SK Sravan Kumar Narasipuram | unknown_25be4b827d8d456a9 | |||
SL Sreekant Lanka | unknown_17ebcc9f64b74601a |
Investor details for SmartCheck
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 Impof It Solutions Private Limited (SmartCheck)
Impof It Solutions Private Limited is the primary company behind SmartCheck. The board of Impof It Solutions Private Limited currently have 4 directors; the longest-serving is Sreenivasteja Madala, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sreenivasteja Madala DIN 08092280 | Managing Director | 21 Mar 2018 | 8 yrs 7 mo | Impof It Solutions Private Limited |
| Venkata Sarath Reddy Devi Reddy Kumar DIN 07211130 | Director | 08 Apr 2019 | 7 yrs 6 mo | Impof It Solutions Private Limited |
| Siva Kumar Thalamarla DIN 05269145 | Additional Director | 02 Dec 2021 | 4 yrs 11 mo | Impof It Solutions Private Limited |
| Robert Philip Dix DIN 03635645 | Additional Director | 02 Jun 2022 | 4 yrs 5 mo | Impof It Solutions Private Limited |
People of SmartCheck
3 people are tracked at SmartCheck (3 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Sarath Reddy Devireddy | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
Chanakya Kandukuri | Director | Leadership |
Complete people profiles for SmartCheck
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 SmartCheck
Figures of Impof It Solutions Private Limited, the primary company behind SmartCheck, for FY 2025. Revenue was ₹2.62 Cr (+105% year on year). Net loss was -₹35.9 Lakh (-14% margin). EBITDA was ₹2.5 Lakh (1% margin). Revenue has grown at a compounded annual rate of +115% over three years and +133% over five years.
- ₹2.62 CrRevenue · FY 2025 · +105% YoY
- -₹35.9 LakhNet loss · -14% margin
- ₹2.5 LakhEBITDA · 1% margin
- ₹1.5 LakhPaid-up capital
- 25Employees (provident fund records)
- +115%Revenue CAGR, 3 years
- +133%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Impof It Solutions Private Limited are on its company page.
Detailed financial statements for SmartCheck
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SmartCheck
4 dated milestones of SmartCheck across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SmartCheck is founded.
- Funding First funding round of $199K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Top companies in Facility Management Platforms
2 companies that operate in the same segment as SmartCheck (Facility Management Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 |
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Related news about Smartcheck
Complete news archive for SmartCheck
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Frequently Asked Questions about SmartCheck
SmartCheck was founded in 2018 and raised its 1st funding round 3 years after it was founded.
SmartCheck is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sreenivas Teja Madala is the CEO of SmartCheck, as recorded in our data. They have also founded this company.
SmartCheck is a funded company, having raised a total of $774.63K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $199.16K, raised on Apr 2021.
SmartCheck has 25 employees.
The primary company behind SmartCheck, Impof It Solutions Private Limited, reported revenue of ₹2.62 Cr for FY 2025, up 105% year on year.
SmartCheck was founded in 2018 in Hyderabad, India, as a provider in the IoT and cloud computing sector focused on enterprise facility management. A cloud-based IoT platform is utilized to support facility oversight and maintenance planning. Services encompass utility monitoring, QR-enabled MEP inspections, inventory tracking, and space optimization. Operations target organizational efficiency in building and asset management across various scales.
SmartCheck has 14 investors. Key investors include InCred Capital, Lakhani Financial Services, Tatavarthy Chinna Venkata Narasimha Rao, Sravan Kumar Narasipuram, and Niveditha Manickam.
The valuation of SmartCheck is $6.05M as of Jun 2023.
SmartCheck operates through Impof It Solutions Private Limited.
The legal entities of SmartCheck currently have 4 directors, including Sreenivasteja Madala, Robert Philip Dix, Venkata Sarath Reddy Devi Reddy Kumar and others.