About Vegam
Vegam is a company based in Singapore (Singapore) founded in 2000 by Savita Kasibhat. Vegam offers products and services including Cognitive System, Agentic AI, Physical AI, and Smart Factory System (SFS). Vegam operates in a competitive market with competitors including Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others.
- Headquarter Singapore, Singapore
- Founders Savita Kasibhat
- SectorsIndustrial Goods & Manufacturing
- Website vegam.co
- Social LinkedIn X Facebook
- Legal Name Vegam.Io Solutions Private Limited
- Date of Incorporation 21 Aug, 2017
- Annual Revenue₹1.65 Cr
FY 2023 · +70% YoY
- Net Profit₹11.6 Lakh
FY 2023 · 7% margin
- EBITDA₹24.6 Lakh
FY 2023 · 15% margin
- InvestorsAltruist Technologies
& 1 more
Associated legal entities of Vegam
Vegam operates through Vegam.Io Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vegam.Io Solutions Private Limited CIN U74999KA2017PTC105724 | Active | 21 Aug 2017 | Hubli, Karnataka | ₹1.6 Cr | – | 2 | View details |
Products & Services of Vegam
Vegam offers a comprehensive portfolio of products and services, including Cognitive System, Agentic AI, Physical AI, and Smart Factory System (SFS).
Enables human-machine collaboration in manufacturing processes.
Optimizes workflows and predicts outcomes in real-time.
Manages tasks for adaptive shop floor operations.
Integrates AI for enhanced manufacturing efficiency.
Funding Insights of Vegam
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Vegam 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 |
|---|---|---|---|---|---|
| Jun 2016 | – | Grant | – | – | |
| Jun 2011 | – | Seed | – | Altruist Technologies | – |
2 investors in total: 2 institutional.
Investors in Vegam
Vegam has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Altruist Technologies and K-Startup Grand Challenge.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic acceleration is provided to startups through global programs. | – | k-startupgc.org | Seongnam-si, South Korea | |
Mobile value-added services are provided to telecom operators and businesses. | 2005 | altruistindia.com | Panchkula, India |
Investor details for Vegam
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Vegam.Io Solutions Private Limited (Vegam)
Vegam.Io Solutions Private Limited is the primary company behind Vegam. The board of Vegam.Io Solutions Private Limited currently have 2 directors; the longest-serving is Savita Kasibhat, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Savita Kasibhat DIN 03021887 | Director | 21 Aug 2017 | 9 yrs 1 mo | Vegam.Io Solutions Private Limited |
| Guruprasad Kasibhat DIN 01472603 | Additional Director | 16 Dec 2024 | 1 yr 9 mo | Vegam.Io Solutions Private Limited |
People of Vegam
29 people are tracked at Vegam (12 in leadership, 1 in board & advisors, 16 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Anant Kolhar | VP, India Operations | Leadership |
Rajeev K. | Director Of Digital Strategy, Partnership And Alliance | Leadership |
Victoria Knox | Senior Vice President Operations | Leadership |
Nichole Kassulke | Managing Director | Leadership |
Subrahmanya G Shastry | VP, HR & Employee Benefits | Leadership |
Sripriya Prasanna | VP, Quality Control | Leadership |
Hemang Shah | VP, Products | Leadership |
Subramanyam Kasibhat | CEO | Leadership |
Martin Knoerzer | Director, Europe Business | Leadership |
rajeev kumar | director sales | Leadership |
Shyamsundar K N | VP, Finance & Administration | Leadership |
Girish Kshirsagar | Director | Board & advisors |
Ajinkya Shinde | Business Development Executive | Team |
Balram Chauhan | Technical Lead | Team |
Pratish Gandhi | Senior Software Engineer | Team |
Adheesh Kulkarni | Account Manager | Team |
Jarod Jast | Marketing Executive | Team |
Xander Flatley | Senior Marketing Specialist | Team |
Falgun Aghera | Industrial Data Scientist | Team |
9 more people are available in the full profile.
Complete people profiles for Vegam
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Vegam
Figures of Vegam.Io Solutions Private Limited, the primary company behind Vegam, for FY 2023. Revenue was ₹1.65 Cr (+70% year on year). Net profit was ₹11.6 Lakh (7% margin). EBITDA was ₹24.6 Lakh (15% margin). Revenue has grown at a compounded annual rate of +69% over three years and +54% over five years.
- ₹1.65 CrRevenue · FY 2023 · +70% YoY
- ₹11.6 LakhNet profit · 7% margin
- ₹24.6 LakhEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- +69%Revenue CAGR, 3 years
- +54%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vegam.Io Solutions Private Limited are on its company page.
Detailed financial statements for Vegam
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Vegam
3 dated milestones of Vegam across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Vegam is founded.
- Funding First funding round.
- Funding Latest funding round, Grant,.
Competitors of Vegam
Vegam 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 Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| uptimeai.com | 2019 | San Francisco, United States | $19M | 36 | Provider of cloud based management solutions | |
| augury.com | 2012 | New York, United States | $369.19M | – | Provider of IoT and cloud-based machine analytics and predictive maintenance solutions | |
| uptake.com | 2014 | Chicago, United States | $327.26M | 53 | Cloud-based predictive analytics platform is utilized for asset maintenance insights. | |
| thingworx.com | 2009 | Boston, United States | $18.4M | 2,559 | Platform to build and run applications for connected devices | |
| tractian.com | 2019 | Sao Paulo, Brazil | $196.18M | – | Provider of industrial maintenance and reliability solutions using sensors and software | |
| sparkcognition.com | 2013 | Austin, United States | $285.88M | 136 | AI based platform offering predictive analytics solution | |
| infinite-uptime.com | 2015 | Alpharetta, United States | $67.48M | – | AI-powered predictive maintenance solutions are provided for industrial equipment reliability. | |
| upkeep.com | 2015 | Los Angeles, United States | $48.71M | 138 | Web-enabled solutions for asset operations and maintenance management are offered. | |
| symphonyai.com | 2017 | Palo Alto, United States | – | – | AI and SaaS-based solutions for digital transformation | |
| icareweb.com | 2004 | Mons, Belgium | $48.99M | 5 | Predictive maintenance solutions are provided for industrial equipment. |
Detailed competitors of Vegam
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Vegam
The website of Vegam (vegam.co) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 93.9% vs previous month
Latest news on Vegam
Complete news archive for Vegam
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Vegam
10 companies that operate in the same segment as Vegam (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Vegam
Vegam was founded in 2000 and raised its 1st funding round 11 years after it was founded.
Vegam is headquartered in Singapore, Singapore.
The primary company behind Vegam, Vegam.Io Solutions Private Limited, reported revenue of ₹1.65 Cr for FY 2023, up 70% year on year.
Vegam was founded in 2000 in Singapore and operates in the manufacturing sector. Software solutions are offered to help firms convert plants into smart factories through the Vegam 4i platform. This Industry 4.0 system includes modules for material management, production planning, shop floor visibility, analytics, and reporting. Real-time data visualizations are enabled via IoT devices, supporting reductions in inventory losses and maintenance costs while enhancing quality and OEE.
Vegam's top competitors include UpKeep, Uptime AI and Infinite Uptime.
Vegam offers Cognitive System, Agentic AI, Physical AI, and Smart Factory System (SFS).
Vegam has 2 investors. Key investors include Altruist Technologies, and K-Startup Grand Challenge.
Vegam operates through Vegam.Io Solutions Private Limited.
The legal entities of Vegam currently have 2 directors, including Savita Kasibhat, Guruprasad Kasibhat.