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Company Intelligence Profile

Paralleldots Technology Private Limited

ParallelDots is a retail-tech / computer-vision AI company.

CIN: U74999DL2017FTC326321ActiveRoC DelhiConfidence: medium

Last updated 20 August 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Partial / conflicting
Registered nameParalleldots Technology Private Limited
CINU74999DL2017FTC326321
PANNot available in the public sources reviewed.
StatusActive
ListingUnlisted / Not listed (private limited company)
Incorporated22 November 2017
ROCRoC 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 address14, 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
NameDINRoleAppointed
Muktabh Mayank Srivastava07511796-22 Nov 2017

Financials

Partial / conflicting
  • FY2025: 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

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

Frequently Asked Questions

What does Paralleldots Technology Private Limited do?
ParallelDots is a retail-tech / computer-vision AI company.
What is the CIN of Paralleldots Technology Private Limited?
The Corporate Identification Number (CIN) of Paralleldots Technology Private Limited is U74999DL2017FTC326321.
Where is Paralleldots Technology Private Limited registered?
Paralleldots Technology Private Limited is registered with RoC Delhi (TheCompanyCheck). Registered address: 14, 2nd Floor, Arjun Nagar, Safdarjung Enclave, South Delhi, New Delhi, Delhi, India – 110029 (Tofler, TheCompanyCheck agree)
When was Paralleldots Technology Private Limited incorporated?
Paralleldots Technology Private Limited was incorporated on 22 November 2017 (Tofler, TheCompanyCheck).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.