About Solinas Integrity
Solinas Integrity is a company based in Chennai (India) founded in 2018 by Divanshu Kumar and Krishnan Balasubramanian.. Solinas Integrity has raised $1.06 million across 8 funding rounds from investors including Nudge Foundation, Neev Fund and ListerVentures. The company has 41 employees as of March 21, 2024. Solinas Integrity offers products and services including Endobot, Homosep, and Swasth AI. Solinas Integrity operates in a competitive market with competitors including RedZone Robotics, Genrobotics, Pallon, ACWA Robotics and GeneRobotics, among others.
- Headquarter Chennai, India
- Employees 41 as on 21 Mar, 2024
- Founders Divanshu Kumar, Krishnan Balasubramanian
- Stage Minicorn
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Sectors
EnvironmentIndustrial Goods & Manufacturing
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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 Solinas Integrity Private Limited
- Date of Incorporation 15 Mar, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$592.78 K (USD)205.84as on Mar 31, 2023
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Net Profit
$22.5 K (USD)378.24as on Mar 31, 2023
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EBITDA
$-253.15 K (USD)-464.63as on Mar 31, 2023
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Total Equity Funding
$1.06 M (USD)
in 8 rounds
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Latest Funding Round
$118.93 K (USD), Seed
Oct 25, 2024
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Investors
Nudge Foundation
& 20 more
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Employee Count
41
as on Mar 21, 2024
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Products & Services of Solinas Integrity
Solinas Integrity offers a comprehensive portfolio of products and services, including Endobot, Homosep, and Swasth AI. 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.
Inspects water and sewer pipelines with sensors for defect detection.
Cleans sewers and manholes to prevent blockages and reduce risks.
Offers digitization for pipeline management and predictive maintenance.
Unlock access to complete
Funding Insights of Solinas Integrity
Solinas Integrity has successfully raised a total of $1.06M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $118.93 thousand completed in October 2024. 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 8
- Last Round Seed — $118,933
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First Round
First Round
(24 Dec 2018)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Solinas Integrity | Valuation | Social Alpha |
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| Jun, 2024 | Amount | Grant - Solinas Integrity | Valuation |
investors |
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| May, 2024 | Amount | Seed - Solinas Integrity | Valuation | Rainmatter , Neev Fund |
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| 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 Solinas Integrity
Solinas Integrity has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nudge Foundation, Neev Fund and ListerVentures. 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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Sustainable startups are supported via innovation curation and venture funding.
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Founded Year | Domain | Location | |
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Indian fund focused on fintech, health, and climate initiatives.
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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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 Solinas Integrity
| 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 - Solinas Integrity
| 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 |
Solinas Integrity Comparisons
Competitors of Solinas Integrity
Solinas Integrity 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 RedZone Robotics, Genrobotics, Pallon, ACWA Robotics and GeneRobotics, 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 |
Robotic and software solutions for wastewater network monitoring are provided.
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| domain | founded_year | HQ Location |
Genrobotics is focused on developing robotics and AI solutions for challenging environments.
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| domain | founded_year | HQ Location |
AI-based platform for pipeline monitoring
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| domain | founded_year | HQ Location |
Provider of robots for drinking water pipeline inspection
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| domain | founded_year | HQ Location |
Provides advanced sewage cleaning robots for efficient waste management solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Solinas Integrity
Frequently Asked Questions about Solinas Integrity
When was Solinas Integrity founded?
Solinas Integrity was founded in 2018.
Where is Solinas Integrity located?
Solinas Integrity is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Solinas Integrity?
Divanshu Kumar is the current CEO of Solinas Integrity. They have also founded this company.
Is Solinas Integrity a funded company?
Solinas Integrity is a funded company, having raised a total of $1.06M across 8 funding rounds to date. The company's 1st funding round was a Seed of $240.64K, raised on Dec 24, 2018.
How many employees does Solinas Integrity have?
As of Mar 21, 2024, the latest employee count at Solinas Integrity is 41.
What is the annual revenue of Solinas Integrity?
Annual revenue of Solinas Integrity is $592.78K as on Mar 31, 2023.
What does Solinas Integrity do?
Solinas Integrity was founded in 2018 in Chennai, India. AI-based robots for pipeline cleaning and infrastructure management are offered by the company. Specific products include the I-Globus spherical robot, I-Pig, Endobot, and SEPoy. Operations serve sectors such as oil and gas, petrochemicals, power plants, water, and sanitation. Solutions are tailored for maintenance in these industries.
Who are the top competitors of Solinas Integrity?
Solinas Integrity's top competitors include RedZone Robotics, Genrobotics and Pallon.
What products or services does Solinas Integrity offer?
Solinas Integrity offers Endobot, Homosep, and Swasth AI.
Who are Solinas Integrity's investors?
Solinas Integrity has 21 investors. Key investors include Nudge Foundation, Neev Fund, ListerVentures, StartupTN, and Maharashtra State Innovation Society.
What is Solinas Integrity's valuation?
The valuation of Solinas Integrity is $9.16M as of May 2024.
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