Smiles.ai

Bengaluru, India Founded: 2019 • Age: 7 yrs
Chain of dental clinics

About Smiles.ai

Smiles.ai is a Healthcare company based in Bengaluru (India) founded in 2019 by Jatin Kakrani and Hitesh Kakrani. Chain of dental clinics. Smiles.ai has raised $24 million across 3 funding rounds from investors including Peak XV Partners, Alpha Wave Global and Chiratae Ventures. The company has 245 employees. Its chief executive, as recorded, is Hitesh Kakrani. Its Indian entity Abita Innovations Private Limited reported revenue of β‚Ή30.19 Cr. Smiles.ai offers products and services including Aligners, Dental Implants, and Root Canal. Its focus areas include Clinic Chains, Specialty Clinics and Dental. Its competitors include Clove Dental, Sabka Dentist and Dezy; 3 of its 3 listed competitors have raised funding.

Company details

Smiles.ai was founded in 2019 in Bengaluru, India, as a chain of dental clinics focused on orthodontic treatments. Clear teeth aligners and invisible braces are offered, with AI technology and 3D printing employed for customized solutions. Operations are centered in the healthcare sector, serving patients through specialized clinic networks in the region.

  • Headquarters Bengaluru, India
  • Employees 245
  • Founders Jatin Kakrani, Hitesh Kakrani
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website smiles.ai/in
  • Social LinkedIn Facebook
  • Legal Name Abita Innovations Private Limited
  • Date of Incorporation 09 Jul, 2018
  • Jurisdiction Indore, Madhya Pradesh, India
Key Metrics
  • Annual Revenue
    ₹30.19 Cr

    FY 2024 · +5% YoY

  • Net Loss
    -₹28.33 Cr

    FY 2024 · -94% margin

  • EBITDA
    -₹26.57 Cr

    FY 2024 · -88% margin

  • Total Equity Funding
    $24M (USD)

    in 3 rounds

  • Latest Funding Round
    $23M (USD), Series A

    Jan 2022

  • Investors
  • Employee Count
    245

Products & Services of Smiles.ai

Smiles.ai offers a comprehensive portfolio of products and services, including Aligners, Dental Implants, and Root Canal.

Aligners
Orthodontic Treatment

Invisible aligners for correcting misaligned teeth.

Dental Implants
Restorative Dentistry

Implants to replace missing teeth effectively.

Root Canal
Endodontic Treatment

Treatment for infected tooth pulp to save teeth.

Funding Insights of Smiles.ai

Smiles.ai has successfully raised a total of $24M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $23 million completed in January 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.

  • Total Funding $24M
  • Total Rounds 3
  • Last Round Series A β€” $23M
  • Investors Count 12

All 3 funding rounds of Smiles.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022$23MSeries A–Alpha Wave Global
Jun 2021$1MSeed–Peak XV Partners
Jun 2019Seed–100X.VC
–
Valuation history

12 investors in total: 6 institutional and 6 angel.

Investors in Smiles.ai

Smiles.ai has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Peak XV Partners, Alpha Wave Global and Chiratae Ventures.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on growth-stage companies
alphawaveglobal.comNew York, United States
Venture capital firm investing in startups and providing support programs.
2000peakxv.comBengaluru, India
Venture capital fund focused on seed-stage startups
chiratae.comBengaluru, India
Healthcare sector investments are managed by MBX Capital.
mbxcapital.comNew York, United States
Venture capital investments are managed by this single-family office.
wamicapital.comDubai, United Arab Emirates
Early-stage startups are funded by 100X.VC venture capital firm.
100x.vcMumbai, India

Peyush Bansal

Founder of Lenskart, prominent angel investor, Shark Tank India judge
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Amit Chaudhary

Co-founder of Lenskart, active angel investor in Indian startups
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Aakrit Vaish

Co-founder of Haptik, angel investor in Indian startups, AI enthusiast
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Revant Bhate

CEO of Mosaic Wellness, active angel investor in Indian startups
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Investor details for Smiles.ai

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Board of directors of Abita Innovations Private Limited (Smiles.ai)

Abita Innovations Private Limited is the primary company behind Smiles.ai. The board of Abita Innovations Private Limited currently have 2 directors; the longest-serving is Jatin Kakrani, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Jatin Kakrani
DIN 08165613
Director09 Jul 20188 yrs 3 moAbita Innovations Private Limited
Hitesh Kakrani
DIN 08166343
Director09 Jul 20188 yrs 3 moAbita Innovations Private Limited

People of Smiles.ai

28 people are tracked at Smiles.ai (10 in leadership, 18 in team); the tracked headcount is 245.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Jainy Talreja
Founder’s OfficeLeadership
Dr Jatin Kakrani
Co-founder & Managing DirectorLeadership
Prithviraj Pawal
City HeadLeadership
Dr Nagarjuna Ys
Associate Vice President OperationsLeadership
Franklin Timmy
Senior Dentist Consultant/Analyst/Training Head at Smiles.aiLeadership
Anmol Gangwal
Vice President FinanceLeadership
Sourav Sarkar
Co-founder & CTO | DezyLeadership
Shrikanth Kainthaje
Chief Of StaffLeadership
Suveer Arora
Senior ManagerTeam
Shankar Mohnani
AVP - Data & AnalyticsTeam
Dr. Shobhna
Consultant Orthodontist - Team LeadTeam
Pruthvi Prasanna Kumar
Project Manager - MarketingTeam
praveen kumar
Procurement Operations ManagerTeam
Sree Pillai
Sales ManagerTeam
Bhuvenashwaran S
Sales ManagerTeam
Rakesh Kumar g
Executive-PartnershipsTeam
Rakesh Kumar
Executive-PartnershipsTeam
Karthik Gowda
Executive-Partnerships at DezyTeam

8 more people are available in the full profile.

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Financials of Smiles.ai

Figures of Abita Innovations Private Limited, the primary company behind Smiles.ai, for FY 2024. Revenue was ₹30.19 Cr (+5% year on year). Net loss was -₹28.33 Cr (-94% margin). EBITDA was -₹26.57 Cr (-88% margin). Revenue has grown at a compounded annual rate of +213% over three years and +182% over five years.

  • ₹30.19 CrRevenue · FY 2024 · +5% YoY
  • -₹28.33 CrNet loss · -94% margin
  • -₹26.57 CrEBITDA · -88% margin
  • ₹43 LakhPaid-up capital
  • 245Employees (provident fund records)
  • +213%Revenue CAGR, 3 years
  • +182%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Abita Innovations Private Limited are on its company page.

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Detailed financial statements for Smiles.ai

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Timeline of Smiles.ai

3 dated milestones of Smiles.ai across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Smiles.ai is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $23.0M.

Competitors of Smiles.ai

Smiles.ai has 3 listed competitors in our database, 3 of them funded. They include Clove Dental, Sabka Dentist and Dezy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
clovedental.in2011Delhi, India$132.82M1,648
Chain of dental clinics offering general and specialized dentistry services.
sabkadentist.com2010Mumbai, India$36.28M288
A chain of dental clinics is operated to provide treatments.
dezy.com2019Bengaluru, India$31.01M122
Comprehensive dental services are provided by a chain of clinics.
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Detailed competitors of Smiles.ai

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Web traffic of Smiles.ai

The website of Smiles.ai (smiles.ai) receives about 3.3K visits a month.

  • Monthly visits
    3.3K

    ▲ 26.1% vs previous month

Similar websites

Websites whose visitors overlap most with Smiles.ai. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
snazzy.in
100%
7K#2,983,015View details
dezy.com
87%
48.7K#663,356View details

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Smiles.ai (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M4,459
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M8,400
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about Smiles.Ai

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Frequently Asked Questions about Smiles.ai

Smiles.ai was founded in 2019.

Smiles.ai is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Hitesh Kakrani is the CEO of Smiles.ai, as recorded in our data. They have also founded this company.

Smiles.ai is a funded company, having raised a total of $24M across 3 funding rounds to date.

Smiles.ai has 245 employees.

The primary company behind Smiles.ai, Abita Innovations Private Limited, reported revenue of β‚Ή30.19 Cr for FY 2024, up 5% year on year.

Smiles.ai was founded in 2019 in Bengaluru, India, as a chain of dental clinics focused on orthodontic treatments. Clear teeth aligners and invisible braces are offered, with AI technology and 3D printing employed for customized solutions. Operations are centered in the healthcare sector, serving patients through specialized clinic networks in the region.

Smiles.ai's top competitors include Clove Dental, Dezy and Sabka Dentist.

Smiles.ai offers Aligners, Dental Implants, and Root Canal.

Smiles.ai has 12 investors. Key investors include Peak XV Partners, Alpha Wave Global, Chiratae Ventures, MBX Capital, and WAMI Capital.

Smiles.ai operates through Abita Innovations Private Limited.

The legal entities of Smiles.ai currently have 2 directors, including Jatin Kakrani, Hitesh Kakrani.

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