About Xane
Xane is a Technology company based in Gurugram (India) founded in 2017 by Sahil Narain, Ayush Jain, and Akash Tanwar. It operates as a personalized user experiences are enabled for organizations via AI platform. Xane has raised $36.77 thousand across 2 funding rounds from investors including Applyifi, Maruti Suzuki Innovation and Pavan Kumar. Xane was last valued at $344.43 thousand in April 2018. Its chief executive is Ayush Jain. Its Indian entity Profformance Technologies Private Limited reported revenue of ₹1.54 Cr. Xane offers products and services including Xane Assist, Xane CX, and Xane HR. Its focus areas include High Tech, Chatbots, Industry Agnostic and Customer Support. Its competitors include Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Xane was founded in 2017 in Gurugram, India, as a platform that employs computer vision and natural language processing. Personalized user experiences are facilitated for organizations, while business processes are automated and service costs are reduced. Efficiency is enhanced across sectors such as automobile, FMCG, healthcare, banking, and entertainment, supporting operations in these industries.
- Headquarters Gurugram, India
- Founders Sahil Narain, Ayush Jain, Akash Tanwar
- SectorsTechnology
- Email••••••••
- Website xane.ai
- Social LinkedIn X Facebook
- Legal Name Profformance Technologies Pvt. Ltd.
- Date of Incorporation 18 May, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.54 Cr
FY 2023 · +217% YoY
- Net Profit₹37.2 Lakh
FY 2023 · 24% margin
- EBITDA₹38.6 Lakh
FY 2023 · 25% margin
- Total Equity Funding$36.77K (USD)
in 2 rounds
- InvestorsApplyifi
& 6 more
Associated legal entities of Xane
Xane operates through Profformance Technologies 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 |
|---|---|---|---|---|---|---|---|
| Profformance Technologies Private Limited CIN U74999DL2017PTC317741 | Active | 18 May 2017 | New Delhi, Delhi | ₹1.5 Cr | – | 2 | View details |
Products & Services of Xane
Xane offers a comprehensive portfolio of products and services, including Xane Assist, Xane CX, and Xane HR.
AI tool for providing automated user support and queries.
Platform for enhancing customer interactions and feedback.
AI solution for employee support and engagement activities.
Funding Insights of Xane
Xane has successfully raised a total of $36.77K across 2 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 $36,772
- Total Rounds 2
- First Round $36,772
(Apr 2018)
- Investors Count 7
All 2 funding rounds of Xane 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 |
|---|---|---|---|---|---|
| Oct 2019 | – | Seed | – | – | |
| Apr 2018 | $36,772 | Seed | $344,430 | Manish Kumar |
Last known valuation $344,430 (Apr 2018). 7 investors in total: 2 institutional and 5 angel.
Investors in Xane
Xane has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Applyifi, Maruti Suzuki Innovation and Pavan Kumar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Maruti Suzuki Innovation is focused on fostering automotive startup growth. | – | marutisuzukiinnovation.com | Gurugram, India | |
Funding is facilitated for startups through a specialized platform. | 2014 | applyifi.com | Gurugram, India | |
PK Pavan Kumar | - | – | unknown_71329ffb817e44f9b | - |
JJ Jasbir Juneja | - | – | unknown_293b96223ffe438a8 | - |
PK Parth Kaura | - | – | unknown_a5f523e0558b4cbaa | - |
JP Jitender Panihar | - | – | unknown_982646ecf44d4e1d9 | - |
MK Manish Kumar | - | – | unknown_d4db08e85b2043349 | - |
Investor details for Xane
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 Profformance Technologies Private Limited (Xane)
Profformance Technologies Private Limited is the primary company behind Xane. The board of Profformance Technologies Private Limited currently have 2 directors; the longest-serving is Ayush Jain, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ayush Jain DIN 07694639 | Director | 18 May 2017 | 9 yrs 5 mo | Profformance Technologies Private Limited |
| Anju Jain DIN 08026397 | Additional Director | 18 Dec 2017 | 8 yrs 10 mo | Profformance Technologies Private Limited |
People of Xane
3 people are tracked at Xane (3 in leadership).
| Name | Role | Group |
|---|---|---|
Sahil Narain | Co-Founder & CTO | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Xane
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 Xane
Figures of Profformance Technologies Private Limited, the primary company behind Xane, for FY 2023. Revenue was ₹1.54 Cr (+217% year on year). Net profit was ₹37.2 Lakh (24% margin). EBITDA was ₹38.6 Lakh (25% margin). Revenue has grown at a compounded annual rate of +80% over three years and +261% over five years.
- ₹1.54 CrRevenue · FY 2023 · +217% YoY
- ₹37.2 LakhNet profit · 24% margin
- ₹38.6 LakhEBITDA · 25% margin
- ₹1.2 LakhPaid-up capital
- +80%Revenue CAGR, 3 years
- +261%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Profformance Technologies Private Limited are on its company page.
Detailed financial statements for Xane
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.
Timeline of Xane
3 dated milestones of Xane across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Xane is founded.
- Funding First funding round of $37K.
- Funding Latest funding round, Seed,.
Competitors of Xane
Xane has 9 listed competitors in our database, 8 of them funded. They include Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cultureamp.com | 2009 | Richmond, Australia | $258.3M | – | Employee experience management platform | |
| scribblelive.com | 2008 | Toronto, Canada | $61.32M | – | Employee engagement is supported through interactive assessments and polls. | |
| vantagecircle.com | 2011 | Plano, United States | $349,751 | 262 | Employee benefits and engagement are delivered via a cloud-based platform. | |
| rewardgateway.com | 2006 | Rochester, United States | – | 324 | Employee engagement software is provided for performance management and recognition. | |
| energage.com | 2006 | Exton, United States | $15M | 218 | Employee Engagement Platform | |
| modolabs.com | 2010 | Cambridge, United States | $14.4M | 89 | Digital engagement and no-code application development platform | |
| applausehq.com | 2020 | Salt Lake, United States | $7M | – | Employee engagement is facilitated via an online platform for enterprises. | |
| ambassify.com | 2010 | Beringen, Belgium | $2.51M | 12 | Cloud-based solutions for employee engagement and brand collaboration are provided. | |
| nudge.co | 2013 | Toronto, Canada | $16.13M | – | An online platform is operated for employee engagement and insights. |
Detailed competitors of Xane
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 Chatbots
10 companies that operate in the same segment as Xane (Chatbots), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | – | 325 | |
Cloud-based unified communication solutions including voice and video are provided. | 2011 | San Ramon, California, United States | USD 475.91 M | USD 4.12 M | 1,511 | |
Cloud and AI-based chatbots for personal finance management are offered. | 2015 | London, England, United Kingdom | USD 175.49 M | – | – | |
Provider of AI and cloud based contact center suite solutions | 2001 | San Ramon, California, United States | USD 84.1 M | USD 1.15 B | 3,070 | |
Provider of customer communications management platform | 2008 | Stockholm, Sweden | USD 12 M | USD 2.94 B | 4,080 | |
Conversational AI platform is provided for digital customer experiences. | 1995 | New York, New York, United States | – | USD 312.47 M | 928 | |
Cloud based platform for employee communication | 2016 | Mountain View, California, United States | USD 315 M | USD 2.49 M | 643 | |
AI-powered conversation intelligence and automation are provided for contact centers. | 2017 | Redwood City, California, United States | USD 213.35 M | USD 10.89 M | 145 |
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Frequently Asked Questions about Xane
Xane was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Xane is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Ayush Jain is the current CEO of Xane. They have also founded this company.
Xane is a funded company, having raised a total of $36.77K across 2 funding rounds to date. The company's 1st funding round was a Seed of $36.77K, raised on Apr 2018.
The primary company behind Xane, Profformance Technologies Private Limited, reported revenue of ₹1.54 Cr for FY 2023, up 217% year on year.
Xane was founded in 2017 in Gurugram, India, as a platform that employs computer vision and natural language processing. Personalized user experiences are facilitated for organizations, while business processes are automated and service costs are reduced. Efficiency is enhanced across sectors such as automobile, FMCG, healthcare, banking, and entertainment, supporting operations in these industries.
Xane's top competitors include Culture Amp, Vantage Circle and Reward Gateway.
Xane offers Xane Assist, Xane CX, and Xane HR.
Xane has 7 investors. Key investors include Applyifi, Maruti Suzuki Innovation, Pavan Kumar, Jasbir Juneja, and Parth Kaura.
The valuation of Xane is $344.43K as of Apr 2018.
Xane operates through Profformance Technologies Private Limited.
The legal entities of Xane currently have 2 directors, including Ayush Jain, Anju Jain.