About Verismart
Verismart is a Technology company based in Gurugram (India) founded in 2017 by Saurabh Gupta. Decentralized framework for secure data exchange and privacy is provided. Verismart has raised $17.64 thousand across 3 funding rounds from investors including Orbit Startups and Startupbootcamp. Verismart has completed 1 acquisition, including DolphinChat. Its chief executive, as recorded, is Saurabh Gupta. Its Indian entity Metawing Technologies Private Limited reported revenue of ₹13.74 Cr. Its focus areas include Enterprise Applications, Digital Transaction Management, Electronic Data Interchange and Enterprise Information Management.
Company details
Verismart was founded in 2017 in Gurugram, India, as a provider of a decentralized data intelligence framework. Blockchain technology is utilized to enable secure data sharing among organizations while preserving end-user privacy and ownership. Services include KYC standardization, enterprise data exchange, and automated conversational AI. Data transactions are facilitated seamlessly, with compliance ensured through protection against unauthorized access. Operations focus on the data intelligence sector, allowing collaboration across data silos.
- Headquarters Gurugram, India
- Founders Saurabh Gupta
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website verismart.ai
- Social LinkedIn X Facebook
- Legal Name Metawing Technologies Private Limited
- Date of Incorporation 27 Jun, 2012
- Jurisdiction Delhi, India
- Annual Revenue₹13.74 Cr
FY 2024 · -36% YoY
- Net Profit₹1.22 Cr
FY 2024 · 9% margin
- EBITDA₹1.83 Cr
FY 2024 · 13% margin
- Total Equity Funding$17.64K (USD)
in 3 rounds
- InvestorsOrbit Startups
& 1 more
- Investments & Acquisitions
Associated legal entities of Verismart
Verismart operates through Metawing Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Metawing Technologies Private Limited CIN U34100DL2012PTC238139 | Active | 27 Jun 2012 | Delhi, Delhi | ₹13.7 Cr | 60 | 2 | View details |
Funding Insights of Verismart
Verismart has successfully raised a total of $17.64K across 3 strategic funding rounds. 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 $17,641
- Total Rounds 3
- First Round $17,641
(Oct 2017)
- Investors Count 2
All 3 funding rounds of Verismart 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 |
|---|---|---|---|---|---|
| Feb 2020 | Seed | – | Orbit Startups | – | |
| Jun 2018 | Seed | – | – | – | |
| Oct 2017 | $17,641 | Seed | – | Startupbootcamp | – |
2 investors in total: 2 institutional.
Investors in Verismart
Verismart has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Orbit Startups and Startupbootcamp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Tech focused global accelerator firm | startupbootcamp.org | London, United Kingdom |
Investor details for Verismart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Metawing Technologies Private Limited (Verismart)
Metawing Technologies Private Limited is the primary company behind Verismart. The board of Metawing Technologies Private Limited currently have 2 directors; the longest-serving is Piyush Gupta, appointed in 2018. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyush Gupta DIN 07094171 | Additional Director | 10 May 2018 | 8 yrs 5 mo | Metawing Technologies Private Limited |
| Gaurav Gupta DIN 08149838 | Additional Director | 05 Jun 2018 | 8 yrs 5 mo | Metawing Technologies Private Limited |
People of Verismart
10 people are tracked at Verismart (3 in leadership, 6 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Saurabh Gupta | Co-Founder & CEO | Leadership |
ANSHUL DHAWAN | Analyst - Founder's Office at VeriSmart | Leadership |
Shanu shawan Jha | Tech Head | Leadership |
Robert Neivert | Advisor | Board & advisors |
Mario Hoek | Advisor | Board & advisors |
Rakesh Kumar | Advisor | Board & advisors |
Karim Samaike | Advisor | Board & advisors |
Miten Mehta | Advisor | Board & advisors |
Kaveh Vesseli | Advisor | Board & advisors |
Om Grover | Product Manager | Team |
Complete people profiles for Verismart
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 Verismart
Figures of Metawing Technologies Private Limited, the primary company behind Verismart, for FY 2024. Revenue was ₹13.74 Cr (-36% year on year). Net profit was ₹1.22 Cr (9% margin). EBITDA was ₹1.83 Cr (13% margin). Revenue has grown at a compounded annual rate of +59% over three years and +77% over five years.
- ₹13.74 CrRevenue · FY 2024 · -36% YoY
- ₹1.22 CrNet profit · 9% margin
- ₹1.83 CrEBITDA · 13% margin
- ₹1 LakhPaid-up capital
- 60Employees (provident fund records)
- +59%Revenue CAGR, 3 years
- +77%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Metawing Technologies Private Limited are on its company page.
Detailed financial statements for Verismart
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.
Investments & Acquisitions by Verismart
Verismart has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DolphinChat.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-based platform for conversational experience development is provided. | dolphinchat.ai | Gurugram, India | 2017 | Sep 2022 | •••• |
Complete acquisition details for Verismart
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Verismart
4 dated milestones of Verismart across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Verismart is founded.
- Funding First funding round of $18K.
- Funding Latest funding round, Seed,.
- Acquisition Acquires DolphinChat.
Web traffic of Verismart
The website of Verismart (verismart.ai) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 16.9% vs previous month
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
Related news about Verismart
Complete news archive for Verismart
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.
Frequently Asked Questions about Verismart
Verismart was founded in 2017.
Verismart is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Saurabh Gupta is the CEO of Verismart, as recorded in our data. They have also founded this company.
Verismart is a funded company, having raised a total of $17.64K across 3 funding rounds to date. The company's 1st funding round was a Seed of $17.64K, raised on Oct 2017.
The primary company behind Verismart, Metawing Technologies Private Limited, reported revenue of ₹13.74 Cr for FY 2024, down 36% year on year.
Verismart was founded in 2017 in Gurugram, India, as a provider of a decentralized data intelligence framework. Blockchain technology is utilized to enable secure data sharing among organizations while preserving end-user privacy and ownership. Services include KYC standardization, enterprise data exchange, and automated conversational AI. Data transactions are facilitated seamlessly, with compliance ensured through protection against unauthorized access. Operations focus on the data intelligence sector, allowing collaboration across data silos.
Verismart has made 1 acquisition, including DolphinChat.
Verismart has 2 investors. Key investors include Orbit Startups, and Startupbootcamp.
Verismart operates through Metawing Technologies Private Limited.
The legal entities of Verismart currently have 2 directors, including Gaurav Gupta, Piyush Gupta.