Adapt Ideations Global Pte. Ltd.
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Adapt Ideations Global Pte. Ltd. - overview
Established
2017
Location
Singapore, -, Singapore
Primary Industry
Software
About
Adapt Ideations Global Pte. Ltd. , based in Singapore, specializes in innovative asset tracking and data logging solutions, focusing on temperature-sensitive assets to enhance supply chain visibility. Adapt Ideations Global Pte.
Ltd. was founded in 2017 in Singapore and operates as a company dedicated to providing advanced asset tracking solutions. It was co-founded by Anirban Gupta and Sai Thatikonda. The company has completed a total of 6 deals, with its most recent deal occurring on February 26, 2024.
Adapt Ideations specializes in innovative asset tracking and data logging solutions, primarily focusing on temperature-sensitive assets. Their core offerings include cloud-connected monitoring solutions that enhance supply chain visibility, ensure compliance with stringent regulations, and minimize waste and damage to high-value assets. The company employs advanced technologies to collect and analyze data, improving asset intelligence for clients across various industries, particularly in the biopharma sector. Adapt Ideations serves a diverse clientele, including logistics companies and pharmaceutical distributors, predominantly in Asia Pacific and India, where they have established a strong presence to meet the unique challenges of asset monitoring and tracking on a global scale.
For the year 2024, Adapt Ideations reported a revenue of USD 1. 41 mn and an EBITDA of USD -1. 17 mn, reflecting the company's financial performance for that period. In February 2024, Adapt Ideations Pty Ltd raised an undisclosed amount of venture funding from returning investors Fomento Resources and Red Door Capital Partners, along with participation from other unspecified investors.
The funding will be utilized to support the company's growth initiatives. Adapt Ideations is planning to expand into new markets and geographic regions, focusing on increasing its presence in Asia Pacific and India. The company is also working on the design and launch of new products, although specific release dates have not been disclosed.
Current Investors
Fomento Resources, Red Door Capital Partners
Primary Industry
Software
Sub Industries
Electronics, Storage Management Software, Logistics Software, Analytics & Performance Software
Website
www.adaptideations.com
Verticals
Cloud Computing, E-commerce, IoT (Internet of Things), IoT (Internet of Things), Manufacturing, Mobile Apps
Total Amount Raised
Subscriber access only
Adapt Ideations Global Pte. Ltd. - timeline of key events
Adapt Ideations Global Pte. Ltd. - financials
| Fiscal Year Ended | Jun 30, 2022 | Jun 30, 2023 | Jun 30, 2024 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Adapt Ideations Global Pte. Ltd. - employee data
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