Company Intelligence Profile
Paralleldots Technology Private Limited
ParallelDots is a retail-tech / computer-vision AI company.
Last updated 21 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Partial / conflicting| Registered name | Paralleldots Technology Private Limited |
|---|---|
| CIN | U74999DL2017FTC326321 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Unlisted / Not listed (private limited company) |
| Incorporated | 22 November 2017 |
| ROC | RoC Delhi |
| Sector (NIC) | Business services / software development and information communication services; classified as a private company that is a subsidiary of a foreign company (i.e., foreign-owned/controlled) |
| Registered address | 14, 2nd Floor, Arjun Nagar, Safdarjung Enclave, South Delhi, New Delhi, Delhi, India – 110029 |
| Authorized capital | ₹1 Lakh |
| Paid-up capital | ₹1 Lakh |
Business Overview
Partial / conflicting- ParallelDots is a retail-tech / computer-vision AI company
- Its flagship product ShelfWatch uses AI image recognition on shelf photographs to monitor product availability, price compliance, planogram adherence, and competitor activity for CPG brands and retailers
- Other products include Saarthi (rapid AI training for new SKU detection) and SmartGaze (gaze-coding for eye-tracking research)
- Stated deployment across 50+ countries, 2.5M+ retail outlets, 15M+ photos processed monthly; customers named include Mondelez, Unilever, Heineken, BAT, Asahi, Reckitt, ITC, Kraft Heinz
- Corporate registry classifies it as a "private subsidiary of a foreign company" operating in IT consulting/support services, and it is recognised as a DPIIT startup
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Muktabh Mayank Srivastava | 07511796 | - | 22 Nov 2017 |
Financials
Partial / conflicting- Revenue ₹27.7 Cr (approx. 14% YoY growth)
- EBITDA and Net Profit not accessible (paywalled)
- Employee count ~121 (as of 30 Mar 2024). Standalone vs. consolidated basis not specified. Last AGM held 30 Sep 2025 for FY ended 31 Mar 2025. No second source corroborates these figures — flag as partial, not confirmed
Funding
Partial / conflicting- Series A of $4.5M led by Btomorrow Ventures, plus additional $1.4M from Multipoint Capital
- Round dates and post-money valuation not obtained
- Not independently corroborated by Tracxn/Entrackr/Inc42 in this pass — treat as partial pending a second source
Legal (Indian Kanoon)
Confirmed- No matching results on Indian Kanoon for "ParallelDots" — no indexed litigation found (searched 19 Aug 2026)
- Absence of hits is not conclusive proof of no litigation, only that none is indexed there
Competitors
Partial / conflicting- Company positions itself against "incumbent" retail-execution / shelf-monitoring vendors but does not name them on its own site
- Commonly cited peers in the retail computer-vision / shelf-analytics space (not confirmed via company disclosure, given for SEO context): Trax Retail (large scale, well-funded), AiFi, Focal Systems, Simbe Robotics (Tally), Captana, Vispera
- Scale tag: ParallelDots is a mid-size player relative to larger, heavily-funded peers like Trax
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