ShopWorx - About the company
ShopWorx is a seed company based in Pune (India), founded in 2016 by Kiran Nataraj, Swapnil Pandharinath Amritkar and Atul Dambalkar. It operates as a Provider of manufacturing shop floor management and analytics software solutions. ShopWorx has raised $462K in funding from Innovotech Investments, with a current valuation of $*****. The company has 122 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Linecraft, Infinite Uptime and UGX.AI.
Company Details
Provider of manufacturing shop floor management and analytics software solutions. The software digitalizes manufacturing processes and simplifies human interactions. It delivers actionable insights to improve shop floor visibility and performance. The software offers real-time visibility, predictive insights, and recommendations. It provides production, maintenance, utility, process, and tool room insights. The software also offers operator assistance and quality inspection capabilities.
- Website
- shopworx.io
- Social
- Email ID
- *****@entrib.com
- Phone Number
- +91 **********
- Registered Address
- Office No.101, 1st Floor, Shardavandan Green Hill, S. No. 1/3/2, Baner Gaon, Pune, Haveli, Maharashtra, India, 411045
Key Metrics
Founded Year
2016
Location
Pune, India
Stage
Seed
Total Funding
$462K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 15, 2020
Investors
Ranked
6th among 122 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
24 as on Aug 31, 2025
Legal entities associated with ShopWorx
ShopWorx is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ENTRIB ANALYTICS TECHNOLOGY PRIVATE LIMITED CIN: U72501PN2016PTC165162 , India, Active | Jun 23, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 24 (As on Aug 31, 2025) |
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ShopWorx's funding and investors
ShopWorx has raised a total funding of $462K over 3 rounds. Its first funding round was on May 10, 2017. Its latest funding round was a Seed round on Sep 15, 2020 for $*****. 1 investor participated in its latest round. ShopWorx has 2 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of ShopWorx:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 15, 2020 | 1347635 | Seed | 6991705 | 4533579 | 9648819 | 2652908 |
Jan 17, 2018 | 2190152 | Seed | 4303857 | 2463941 | 5876094 | |
May 10, 2017 | 1751882 | Angel | 2385005 | 3783038 |
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ShopWorx's founders and board of directors
Founder? Claim ProfileThe founders of ShopWorx are Kiran Nataraj, Swapnil Pandharinath Amritkar and Atul Dambalkar. Kiran Nataraj is the CEO of ShopWorx.
Here are the details of ShopWorx's key team members:
- Kiran Nataraj: Co-Founder & CEO of ShopWorx and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Swapnil Pandharinath Amritkar: Co-Founder & COO of ShopWorx. They serve on the boards of 2 companies.Contact Info: 1 phone number
- Atul Dambalkar: Former Co-Founder of ShopWorx.
ShopWorx's Board of Directors
ShopWorx's board has 3 active members. Kiran Nataraj and Swapnil Pandharinath Amritkar are part of team and Zhimao Ye is independent board member.Here is the list of ShopWorx's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 3m | |
Team | - | Current | 10y 3m | |
cwguabw | Independent board member | - | Past | 5y 1m |
View details of ShopWorx's Founder profiles and Board Members
ShopWorx's employee count trend
ShopWorx has 24 employees as of Aug 25. The total employee count is 20.0% lower than what it was in Aug 24. Here is ShopWorx's employee count trend over the years:
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ShopWorx's Competitors and alternates
Top competitors of ShopWorx include Linecraft, Infinite Uptime and UGX.AI. Here is the list of Top 10 competitors of ShopWorx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud and IoT-based production analysis solutions for manufacturing industries | $1.19M | - | 48/100 | |
2nd | Infinite Uptime 2003, Alpharetta (United States), Series C | Provider of industrial intelligence platform for prescriptive maintenance and energy efficiency | $4.02M | 45/100 | |
3rd | Developer of Industrial DataOps platform providing hardware, middleware, and software | $1.06M | 44/100 | ||
4th | Brain Cube 2007, Issoire (France), Series B | Cloud based IoT and data analytics for manufacturing business | $102M | 44/100 | |
5th | Provider of production analysis software | $22.3M | 43/100 | ||
6th | Provider of manufacturing shop floor management and analytics software solutions | $462K | 40/100 | ||
7th | Provider of machine learning solutions for predictive maintenance and analytics | $3M | 38/100 | ||
8th | Solution for continuous monitoring and analysis of the production system | $2.45M | 38/100 | ||
9th | Provider of AI-based production analytics solution | $8M | 36/100 | ||
10th | IntelliSense.io 2013, Cambridge (United Kingdom), Seed | Empowering people and machines to make intelligent decisions | $7.69M | 35/100 |
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ShopWorx's Latest cap tables and shareholding
Founders (largest shareholder) own 57.36%, Funds own 38.76%, Angels own 3.88% and Other People own 0.00%. The net worth of ShopWorx's founders is INR 5.59Cr as of Sep 15, 2020.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 57.36% | 5.59Cr | 3224552 | 7510723 | 5696945 | 6500141 |
2509212 | 2888242 | 2224090 | 5727049 | 9486487 | 5043334 | |
7436086 | 4642957 | 1968668 | 2591013 | 9422186 | 7607558 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 38.76% | 3.78Cr | 6284087 | 8379785 | 8535120 | 9764010 |
5340974 | 6979258 | 9740619 | 7055389 | 4316579 | 8606447 | |
Angel | 3.88% | 37.8L | 373 | 574 | 167 | 100 |
82 | 83 | 33 | 40 | 60 | 77 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | - | 250 | 0 | 0 | 0 | 0 |
Total | 100.00% | 9.75Cr | 6017277 | 4623502 | 2476368 | 2489352 |
To unlock detailed Cap Table of ShopWorx Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of ShopWorx's Shareholding
ShopWorx's Investments and acquisitions
ShopWorx has made no investments or acquisitions yet.
Reports related to ShopWorx
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