Jidoka Technologies Private Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Jidoka Technologies Private Limited - overview
Established
2018
Location
Chennai, TN, India
Primary Industry
Software
About
Jidoka Technologies specializes in AI-driven solutions that enhance product inspection and streamline process optimization for manufacturing and logistics sectors. Founded in 2018 in Chennai, India, Jidoka Technologies focuses on AI-based quality inspection systems. The company has received a total of INR 30 million in funding, with a recent deal completed on April 19, 2022, led by The Chennai Angels. The firm's operations have remained consistent since its inception, and it is led by CEO Sekar Udayamurthy, who has a history in technology ventures.
Jidoka-Tech. ai specializes in providing advanced AI-driven solutions for product inspection and process optimization tailored for the manufacturing and logistics sectors. Their flagship products, KOMPASS and NAGARE, integrate intelligent software with specialized hardware to achieve high levels of accuracy and efficiency. KOMPASS is designed for automated surface inspection, capable of inspecting 12,000 parts per minute with 99.
9% accuracy, significantly enhancing quality control and reducing defect escape rates. NAGARE offers real-time guidance to operators, facilitating process adherence and reducing rework by 35%. The company serves a diverse client base across various industries, including automotive, FMCG, pharmaceuticals, electronics, and warehousing, delivering solutions to customers in North America, Europe, and Asia-Pacific markets. In 2023, Jidoka Technologies reported a revenue of INR 437,179.
90 and an EBITDA of INR -270,778. 20. The company primarily generates revenue through direct business-to-business transactions involving their proprietary products and services, which include one-time equipment sales and potential subscription-based access to software services for ongoing support and updates. Following their recent funding of INR 30 million in April 2022, Jidoka Technologies aims to enhance their products for international markets.
The company plans to focus on expanding its reach into North America and subsequently into Europe, aligning with its long-term growth strategy.
Current Investors
The Chennai Angels
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.jidoka-tech.ai
Verticals
Artificial Intelligence, Artificial Intelligence
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Jidoka Technologies Private Limited - timeline of key events
Jidoka Technologies Private Limited - financials
| Fiscal Year Ended | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | 264,648 | 2,600,000 | - | - | - |
| % Revenue Growth (YoY) | - | 882.4% | - | - | - |
| EBITDA (USD) | (1,914,187.6) | 1,319,669.7 | - | - | - |
| Operating Income (USD) | (2,116,984.6) | 987,879.9 | - | - | - |
| Operating Margin | (799.9%) | 38.0% | - | - | - |
| % EBITDA Margin | (723.3%) | 50.8% | - | - | - |
| NET Income (USD) | (1,591,679.6) | 688,462 | - | - | - |
| % Net Margin | (601.4%) | 26.5% | - | - | - |
Jidoka Technologies Private Limited - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.