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ScratchNest - About the company

ScratchNest is a seed company based in Rupnagar (India), founded in 2019 by Jeevant Sah and Amit Bhati. It operates as a Provider of RFID readers and antennas for navigation. ScratchNest has raised $126K in funding from Perfectid, with a current valuation of $*****. The company has 145 active competitors, including 8 funded and 13 that have exited. Its top competitors include companies like Zebra, Checkpoint Systems and M-Tech Innovations.

Company Details

ScratchNest provides RFID readers and antennas for navigation. The products provided by the company are integrated RFID readers, fixed RFID readers, desktop RFID readers, handheld RFID readers, RFID antennas LoRa gateway, LoRa Node. The services are provided in automation, homes and buildings, education, oil, and gas industry
Social
Facebook
Email ID
*****@scratchnest.com
Phone Number
+91 **********
Registered Address
C/O RAM PAL SO GOPI RAM SHIVALIC A 2412 UNA A 174304, Una, UNA, Himachal Pradesh, India, 174303
Key Metrics
Founded Year
2019
Location
Rupnagar, India
Stage
Seed
Total Funding
$126K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on May 30, 2022
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
20 as on Jul 31, 2026
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ScratchNest's funding and investors

ScratchNest has raised a total funding of $126K over 1 round. Its latest funding round was a Seed round on May 30, 2022 for $*****. 1 investor participated in its latest round. ScratchNest has 2 institutional investors.

Here is the list of recent funding rounds of ScratchNest:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 30, 2022
7174413
Seed
4728108
9233585
1453012
7136635
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ScratchNest's founders and board of directors

Founder? Claim Profile
The founders of ScratchNest are Jeevant Sah and Amit Bhati.
Here are the details of ScratchNest's key team members:

ScratchNest's Board of Directors

ScratchNest's board has 3 active members. Jeevant Sah, Amit Bhati and Akshit Dangi are part of team.
Here is the list of ScratchNest's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 1m
Team
-
Current
7y 1m
Team
-
Current
7y 1m

ScratchNest's employee count trend

ScratchNest has 20 employees as of Jul 26. Here is ScratchNest's employee count trend over the years:
Employee count trend for ScratchNest
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ScratchNest's Competitors and alternates

Top competitors of ScratchNest include Zebra, Checkpoint Systems and M-Tech Innovations. Here is the list of Top 10 competitors of ScratchNest, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zebra
Zebra
1969, United States, Public
Manufacturer of mobile computers, barcode scanners, printers, RFID, and software
-
73/100
2nd
Logo for Checkpoint Systems
Checkpoint Systems
1969, West Deptford (United States), Acquired
Cloud based end-to-end intelligent solutions for offline retailers
-
56/100
3rd
Logo for M-Tech Innovations
M-Tech Innovations
1992, Pune (India), Early Stage
Manufacturer of smart cards, RFID systems, and automotive HMI components
$1.5M
56/100
4th
Logo for QuantalRF
QuantalRF
2008, San Diego (United States), Series C
Provider of IoT based RF receiver architectures
$48.2M
52/100
5th
Logo for Copper Mountain Technologies
Copper Mountain Technologies
2011, Indianapolis (United States), Unfunded
Provider of RF measurement module and software applications
-
-
45/100
6th
Logo for Genvict
Genvict
2004, Shenzhen (China), Unfunded
Provider of RFID solutions for transportation industry
-
-
44/100
7th
Logo for eAgile
eAgile
2004, Grand Rapids (United States), Acquired
Developer of RFID tags, readers and software platforms for developing asset tracking applications
$7.56M
43/100
8th
Logo for Matrics
Matrics
1998, Columbia (United States), Acquired
Provider of RFID technology for supply chain, asset management and security
$37M
42/100
9th
Logo for Nordic ID
Nordic ID
1986, Salo (Finland), Acquired
Provider of RAIN RFID based tracking and tracing solutions to enterprises
-
41/100
10th
Logo for MDT Innovations
MDT Innovations
2004, Petaling Jaya (Malaysia), Late Stage
Provider of NFC-based products for IoT applications
$24M
41/100
27th
Logo for ScratchNest
ScratchNest
2019, Rupnagar (India), Seed
Provider of RFID readers and antennas for navigation
$126K
30/100
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ScratchNest's Latest cap tables and shareholding

Founders (largest shareholder) own 80.49% and Enterprises own 19.52%. The net worth of ScratchNest's founders is INR 4.02Cr as of May 30, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
80.49%
4.02Cr
2287431
4101595
2844901
6585955
3711555
9371387
5409450
3557975
1298167
5420415
8198569
9638278
8572456
9388642
4063489
1713520
Enterprise
19.52%
97.5L
7845210
7030114
6163674
5915448
Total
100.00%
5Cr
4571241
6303486
2394644
6389019
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ScratchNest's Shareholding

ScratchNest's Investments and acquisitions

ScratchNest has made no investments or acquisitions yet.

Reports related to ScratchNest

Here is the latest report on ScratchNest's sector:

FAQs about ScratchNest

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