About SmartQ
SmartQ is a company based in Bengaluru (India) founded in 2014 by Keshav Meda, Hardhik Sheth, Krishna Wage, Abhishek A, and Rakesh Chandrashekar was acquired by Compass Group in March 2021.. SmartQ has raised $2.24 million across 4 funding rounds from investors including Compass Group, YourNest and Deven Laxmichand Dedhia. The company has 594 employees as of September 24, 2025. SmartQ offers products and services including SmartQ App, POS Machines, and SmartQ Lens Dashboard. SmartQ operates in a competitive market with competitors including HungerBox, GoKhana, TongueStun, Fraiche and Dolinkhub.com, among others.
- Headquarter Bengaluru, India
- Employees 594 as on 24 Sep, 2025
- Founders Keshav Meda, Hardhik Sheth, Krishna Wage, Abhishek A, Rakesh Chandrashekar
- Stage Minicorn
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Sectors
Business ServicesConsumer
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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 Bottle Lab Technologies Private Limited
- Date of Incorporation 21 May, 2015
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$24.03 M (USD)84.43as on Mar 31, 2024
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Net Profit
$-802.45 K (USD)-34as on Mar 31, 2024
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EBITDA
$328.74 K (USD)287.48as on Mar 31, 2024
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Total Equity Funding
$2.24 M (USD)
in 4 rounds
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Latest Funding Round
$1 M (USD), Seed
Mar 14, 2018
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Investors
Compass Group
& 18 more
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Employee Count
594
as on Sep 24, 2025
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Acquired by
Compass Group
(Mar 18, 2021)
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Products & Services of SmartQ
SmartQ offers a comprehensive portfolio of products and services, including SmartQ App, POS Machines, and SmartQ Lens Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables digital ordering and payments in corporate cafeterias
Facilitates transactions and menu management in cafeterias
Provides insights into cafeteria performance and user data
Unlock access to complete
Funding Insights of SmartQ
SmartQ has successfully raised a total of $2.24M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in March 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 Total Funding
- Total Rounds 4
- Last Round Seed — $1.0M
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First Round
First Round
(22 Jun 2015)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Seed - SmartQ | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - SmartQ | Valuation | Deven Laxmichand Dedhia , Pallavi Deven Dedhia | |
| Feb, 2016 | Amount | Seed - SmartQ | Valuation | YourNest |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SmartQ
SmartQ has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Compass Group, YourNest and Deven Laxmichand Dedhia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage DeepTech venture capital funding and support services in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SmartQ
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SmartQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smartq Comparisons
Competitors of SmartQ
SmartQ 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 HungerBox, GoKhana, TongueStun, Fraiche and Dolinkhub.com, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital platform for corporate cafeteria management and food services.
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| domain | founded_year | HQ Location |
Provider of digital cafeteria management solution
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| domain | founded_year | HQ Location |
An online marketplace for office-focused caterers is operated.
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| domain | founded_year | HQ Location |
Smart vending machines with fresh meals and snacks are offered.
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| domain | founded_year | HQ Location |
Software suite solutions for caterers are provided by Dolinkhub.com.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smartq
Frequently Asked Questions about SmartQ
When was SmartQ founded?
SmartQ was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is SmartQ located?
SmartQ is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of SmartQ?
Krishna Wage is the current CEO of SmartQ. They have also founded this company.
Is SmartQ a funded company?
SmartQ is a funded company, having raised a total of $2.24M across 4 funding rounds to date. The company's 1st funding round was a Seed of $457.81K, raised on Jun 22, 2015.
How many employees does SmartQ have?
As of Sep 24, 2025, the latest employee count at SmartQ is 594.
What is the annual revenue of SmartQ?
Annual revenue of SmartQ is $24.03M as on Mar 31, 2024.
What does SmartQ do?
SmartQ was founded in 2014 in Bengaluru, India, as a provider of digitization solutions for corporate workplaces and cafeterias. Services encompass kitchen management, COVID-safe monitoring, gifting options, food program oversight, mobile ordering, POS systems, and menu displays. Operations focus on streamlining corporate dining and facility processes through technology integration. The company serves clients in the enterprise sector with tools for efficient workplace management.
Who are the top competitors of SmartQ?
What products or services does SmartQ offer?
SmartQ offers SmartQ App, POS Machines, and SmartQ Lens Dashboard.
Who are SmartQ's investors?
SmartQ has 19 investors. Key investors include Compass Group, YourNest, Deven Laxmichand Dedhia, Ahmed Seddiqi, and Pallavi Deven Dedhia.
What is SmartQ's valuation?
The valuation of SmartQ is $4.36M as of Jun 2017.
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