About Vadict
Vadict is a Technology company based in San Jose (United States) founded in 2015 by Nilesh Joshi and Chintan Patel. It offers IoT solutions for analytics and data management to enhance business operations. It operates on a B2B model. The company has 17 employees. Its chief executive, as recorded, is Nilesh Joshi. Its Indian entity Vadict Innovations Private Limited reported revenue of ₹9.9 Lakh. Its focus areas include Internet of Things (IoT), Data Analytics and Data Management Solutions. Its competitors include Seeq, FogHorn and Sight Machine; 3 of its 3 listed competitors have raised funding.
Company details
Vadict, established in 2015, excels in leveraging cutting-edge technology, internet of things (iot), data analytics, and data management solutions. Offers IoT solutions for analytics and data management to enhance business operations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters San Jose, United States
- Employees 17
- Founders Nilesh Joshi, Chintan Patel
- SectorsTechnology
- Website vadict.com
- Legal Name Vadict Innovations Private Limited
- Date of Incorporation 22 Mar, 2019
- Jurisdiction Vadodara, Gujarat, India
- Indian entity revenue₹9.9 Lakh
FY 2022 · -95% YoY
- Indian entity net loss-₹1.96 Cr
FY 2022 · -1980% margin
- Indian entity EBITDA-₹2.04 Cr
FY 2022 · -2055% margin
- Employee Count17
Associated legal entities of Vadict
Vadict operates through Vadict Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vadict Innovations Private Limited CIN U72900GJ2019FTC107178 | Active | 22 Mar 2019 | Vadodara, Gujarat | ₹0.1 Cr | 17 | 3 | View details |
Board of directors of Vadict Innovations Private Limited (Vadict)
Vadict Innovations Private Limited is the primary company behind Vadict. The board of Vadict Innovations Private Limited currently have 3 directors; the longest-serving is Nilesh Chandravadan Joshi, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nilesh Chandravadan Joshi DIN 08396559 | Director | 22 Mar 2019 | 7 yrs 7 mo | Vadict Innovations Private Limited |
| Jatin Chandravadan Joshi DIN 01716744 | Director | 22 Mar 2019 | 7 yrs 7 mo | Vadict Innovations Private Limited |
| Chhaya Nitin Purohit DIN 06961464 | Director | 22 Mar 2019 | 7 yrs 7 mo | Vadict Innovations Private Limited |
People of Vadict
3 people are tracked at Vadict (2 in leadership, 1 in team); the tracked headcount is 17.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
Chintan Patel | Co-Founder, CTO | Leadership |
Meet Gandhi | Software Developer | Team |
Complete people profiles for Vadict
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 Vadict
Figures of Vadict Innovations Private Limited, the primary company behind Vadict, for FY 2022. Revenue was ₹9.9 Lakh (-95% year on year). Net loss was -₹1.96 Cr (-1980% margin). EBITDA was -₹2.04 Cr (-2055% margin). Revenue has grown at a compounded annual rate of -59% over three years.
- ₹9.9 LakhRevenue · FY 2022 · -95% YoY
- -₹1.96 CrNet loss · -1980% margin
- -₹2.04 CrEBITDA · -2055% margin
- ₹7.00 CrPaid-up capital
- 17Employees (provident fund records)
- -59%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vadict Innovations Private Limited are on its company page.
Detailed financial statements for Vadict
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Vadict
Vadict has 3 listed competitors in our database, 3 of them funded. They include Seeq, FogHorn and Sight Machine.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| seeq.com | 2013 | Seattle, United States | $198.14M | 138 | Industrial process data is analyzed through advanced analytics solutions. | |
| foghorn.io | 2014 | Sunnyvale, United States | $82M | 50 | An edge AI platform for analytics solutions is offered. | |
| sightmachine.com | 2011 | San Francisco, United States | $85.53M | 43 | Provider of a digital twin platform for manufacturing apllications |
Detailed competitors of Vadict
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Vadict (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Vadict
Vadict was founded in 2015.
Vadict is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Nilesh Joshi is the CEO of Vadict, as recorded in our data. They have also founded this company.
Vadict has 17 employees.
The primary company behind Vadict, Vadict Innovations Private Limited, reported revenue of ₹9.9 Lakh for FY 2022, down 95% year on year.
Vadict, established in 2015, excels in leveraging cutting-edge technology, internet of things (iot), data analytics, and data management solutions. Offers IoT solutions for analytics and data management to enhance business operations. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Vadict's top competitors include Seeq, Sight Machine and FogHorn.
Vadict operates through Vadict Innovations Private Limited.
The legal entities of Vadict currently have 3 directors, including Nilesh Chandravadan Joshi, Jatin Chandravadan Joshi, Chhaya Nitin Purohit.