GoodMind - About the company
GoodMind is a seed company based in Pune (India), founded in 2019 by Jehaan Kotwal. It operates as an App-based safety solutions for truck drivers. GoodMind has raised $256K in funding from investors like Master Group, Social Alpha and DNY Corporate Advisory Private Limited, with a current valuation of ₹*****. The company has 14 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Sentiance, Aegis Speed Camera and Dryvamigo.
Company Details
App-based safety solutions for truck drivers. The platform offers training, rating for drivers, performanced linked incentives, and more. They provide features like sleep detection alerts, a driver's helpline, and more.
- Website
- www.goodmind.in/
- Email ID
- *****@goodmind.in
- Registered Address
- OFFICE NO. 405, CTS-3652 WINNER COURT PL-23 SAHANI RD SUJAN PARK LULLA NGR, Pune, PUNE, Maharashtra, India, 411048
Legal entities associated with GoodMind
GoodMind is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GOOD MIND PRIVATE LIMITED CIN: U74999PN2019PTC188458 , India, Active | Dec 17, 2019 | $110K (As on Mar 31, 2025) | 6 (As on Apr 30, 2025) |
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GoodMind's funding and investors
GoodMind has raised a total funding of $256K over 3 rounds. Its first funding round was on Sep 29, 2020. Its latest funding round was a Grant (prize money) round on Jul 29, 2024 for $*****. 2 investors participated in its latest round. GoodMind has 5 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of GoodMind:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 29, 2024 | 8476248 | Grant (prize money) | 7964167 | 7322027 | 1046015 | 3218281 |
Feb 17, 2022 | 8821714 | Seed | 8525228 | 5636683 | 8547345 | |
Sep 29, 2020 | 8748565 | Seed | 6955848 | 5239840 |
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GoodMind's founders and board of directors
Founder? Claim ProfileThe founders of GoodMind is Jehaan Kotwal. Jehaan Kotwal is the CEO of GoodMind.
Here are the details of GoodMind's key team members:
- Jehaan Kotwal: Founder of GoodMind. They serve on the board of 1 company.Contact Info: 1 email address
GoodMind's Board of Directors
GoodMind's board has 2 active members. Jehaan Kotwal is part of team and Adil Keki Kotwal is independent board member.Here is the list of GoodMind's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Independent board member | - | Current | 6y 2m |
View details of GoodMind's Founder profiles and Board Members
GoodMind's employee count trend
GoodMind has 6 employees as of Apr 25. The total employee count is 25.0% lower than what it was in Apr 24. Here is GoodMind's employee count trend over the years:
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GoodMind's Competitors and alternates
Top competitors of GoodMind include Sentiance, Aegis Speed Camera and Dryvamigo. Here is the list of Top 10 competitors of GoodMind, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of on-device AI motion insights for improved road safety | $28M | 57/100 | ||
2nd |  Aegis Speed Camera 2016, Tainan (Taiwan), Unfunded | Provider of app & video-based driver assistance systems | - | - | 45/100 |
3rd | Provider of AI-enabled driver and cabin monitoring solutions for automotive industries | - | - | 39/100 | |
4th |  DriveSocial 2017, Fortaleza (Brazil), Unfunded | Provider of a collaborative tool offering driver safety management solutions | - | - | 38/100 |
5th | Grip Mobility 2019, Bedford (United States), Unfunded | Software solutions to monitor in-car activities | - | - | 33/100 |
6th |  SafetyConnect 2015, Lewes (United States), Seed | Cloud-based platform for field workforce safety and compliance | $100K | 31/100 | |
7th | App-based safety solutions for truck drivers | $256K | 36/100 | ||
8th | A company that offers automatic driving evaluations using AI and eye tracking technology | - | - | 30/100 | |
9th |  Newton Technologies 2019, Stanford (United States), Funding Raised | Provider of an AI-driven driving safety management solutions | - | 27/100 | |
10th | _1581340992120.png?devicePixelRatio=2&height=30&width=30){kind=logo} BlinkEyeLabs 2017, Bengaluru (India), Funding Raised | AI-enabled driver safety solutions | - | 27/100 |
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GoodMind's Latest cap tables and shareholding
Founders (largest shareholder) own 75.57%, Enterprises own 6.04%, Angels own 8.30% and Other People own 10.08%. The net worth of GoodMind's founders is INR 10Cr as of May 28, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 75.57% | 10Cr | 5244838 | 5768374 | 8431699 | 7590286 |
4171846 | 4562663 | 5812549 | 2711878 | 8708794 | 9299074 | |
Enterprise | 6.04% | 80.1L | 751662 | 707254 | 640727 | 218466 |
Angel | 8.30% | 1.1Cr | 3823319 | 4147251 | 5088510 | 3853783 |
69 | 92 | 23 | 84 | 22 | 71 | |
Other People | 10.08% | 1.34Cr | 9094168 | 3561687 | 4866625 | 6190423 |
Total | 99.99% | 13.3Cr | 9730302 | 1710399 | 2238217 | 4682558 |
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GoodMind's Investments and acquisitions
GoodMind has made no investments or acquisitions yet.
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