When was SmartQ founded?

SmartQ was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is SmartQ located?

SmartQ is headquartered in Bengaluru, India. It is registered at 7th Floor, Tower B, Spaze I-Tech Park, Sohna Road, Sector 49, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018.

Who is the current CEO of SmartQ?

Krishna Wage of SmartQ. They have also founded 1 company.

Which legal entities is SmartQ associated with?

SmartQ is associated with BOTTLE LAB TECHNOLOGIES PRIVATE LIMITED and 1 other.

How many employees does SmartQ have?

As of Jan 31, 2025, SmartQ has 780 employees, reflecting a 22% year-over-year growth in headcount.

Is SmartQ a funded company?

SmartQ is a funded company, having raised a total of $2.24M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jun 22, 2015.

How much is SmartQ worth?

The last known valuation of SmartQ was ₹***** as of Jan 31, 2018.

When was the latest funding round of SmartQ?

SmartQ's latest funding was a $***** Seed round on Mar 14, 2018, with participation from 1 investor. Its primary sector is Facility Management Tech. In India, the Facility Management Tech sector has seen $13.2M in funding in 2026 to date.

What is the annual revenue of SmartQ?

Annual revenue of SmartQ is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does SmartQ rank among its competitors?

SmartQ ranks 2nd amongst 227 active competitors, of which 23 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Platos, which secured $491K in Jun, 2025.

Who are the top competitors of SmartQ?

SmartQ's top competitors include Hungerbox, Fooda and GoKhana. Among them, Platos secured the most recent funding round in June, 2025.

SmartQ - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of technology-enabled food and beverage services for institutions. The company delivers food services to corporate, university, and event clients. It offers digital cafeteria management, subsidy management, and hygiene monitoring. The company also provides food curation, catering, and transactional data analytics.

Website: www.thesmartq.com/
Social
Email ID: *****@thesmartq.com
Phone Number: +91 **********
Part Of
Registered Address: 7th Floor, Tower B, Spaze I-Tech Park, Sohna Road, Sector 49, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Acquired

Total Funding

$2.24M in 4 rounds

Latest Funding Round

Seed, Mar 14, 2018, $*****

Last Known Valuation

₹***** as on Jan 31, 2018

Investors

YourNest & 18 more

Ranked

2^nd among 227 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

780 as on Jan 31, 2025

Similar Companies

Hungerbox & 281 more

Exit Details

Acquired by Compass Group (Mar 18, 2021)

View SmartQ's full profile

SmartQ is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COMPASS INDIA FOOD SERVICES PRIVATE LIMITED CIN: U74110HR1997PTC064955 , India, Active	Oct 13, 1997	₹1,000+ Cr (As on Mar 31, 2025)	19005 (As on Aug 01, 2025)
BOTTLE LAB TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2015PTC080475 , India, Active	May 21, 2015	₹100 - ₹500 Cr (As on Mar 31, 2025)	858 (As on May 01, 2026)

SmartQ got acquired by Compass Group on Mar 18, 2021.

Click here to take a look at SmartQ's acquisition in detail

SmartQ has raised a total funding of $2.24M over 4 rounds. Its first funding round was on Jun 22, 2015. Its latest funding round was a Seed round on Mar 14, 2018 for $*****. 1 investor participated in its latest round. SmartQ has 4 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of SmartQ:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 14, 2018	4085683	Seed	1660623	1136047	4249667	7970610
Jun 15, 2017	3455014	Seed	7643426	8640279	5245136	YourNest & 6 more
Feb 05, 2016	9521199	Seed	9240383	1202760	YourNest	Kulin C Shah & 2 more

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View details of SmartQ's funding rounds and investors

The founders of SmartQ are Wai Sie Ip, Krishna Wage, Rakesh Chandrashekar, Hardhik Sheth and Keshav Meda. Krishna Wage is the CEO of SmartQ.

Here are the details of SmartQ's key team members:

Wai Sie Ip: Owner of SmartQ.
Contact Info: 1 email address and 1 phone number
Krishna Wage: Co-Founder & CEO of SmartQ.
Contact Info: 1 email address and 1 phone number
Rakesh Chandrashekar: Former Co-Founder of SmartQ.
Contact Info: 1 email address and 1 phone number
Hardhik Sheth: Co-Founder & COO of SmartQ.
Contact Info: 1 email address and 1 phone number
Keshav Meda: Co-Founder of SmartQ.
Contact Info: 1 email address and 1 phone number

SmartQ's Board of Directors

SmartQ's board has 3 active members. Krishna Wage and Abhishek Ashok are part of team and Srikrishnan Ramachandran is independent board member.

Here is the list of SmartQ's board of directors:

Name	Type	Representing	Status	Duration
Krishna Wage	Team	-	Current	11y 3m
Abhishek Ashok	Team	-	Current	11y 3m
zajlun{	Team	-	Past	7y 1m
yeesfyc	Investor	pnpqsif	Past	3y 8m
Srikrishnan Ramachandran	Independent board member	-	Current	6y 0m
yyojizz	Independent board member	-	Past	3y 4m
cnhgxqm	Independent board member	-	Past	9y 2m

View details of SmartQ's Founder profiles and Board Members

SmartQ's employee count trend

SmartQ has 780 employees as of Jan 25. The total employee count is 21.0% more than what it was in Jan 24. Here is SmartQ's employee count trend over the years:

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Top competitors of SmartQ include Hungerbox, Fooda and GoKhana. Here is the list of Top 10 competitors of SmartQ, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hungerbox 2015, Bengaluru (India), Series C	Chains providing managed cafeteria services and digital food ordering systems	$22.8M	One97 Communications, LionRock Capital & 18 others	73/100
2nd	SmartQ 2015, Bengaluru (India), Acquired	Provider of technology-enabled food and beverage services for institutions	$2.24M	YourNest, Unicorn Nest & 17 others	66/100
3rd	Fooda 2011, Chicago (United States), Series C	Provider of workplace food programs featuring pop-up restaurants and catering	$32.3M	Valor Equity Partners, Chaifetz Group & 6 others	65/100
4th	GoKhana 2017, Bengaluru (India), Series A	Provider of digital cafeteria management and related food services solutions	$10.5M	Chhattisgarh Investments, Pentagon & 120 others	59/100
5th	Foodles 2014, Clichy (France), Series B	Provider of an online catering service solution	$46.8M	Creadev, Adelie & 3 others	59/100
6th	Peachd 2013, Seattle (United States), Acquired	Internet first caterer for food order and delivery for offices	$15.8M	Maveron, Madrona & 4 others	58/100
7th	Platos 2022, Chennai (India), Acquired	Provider of software solutions managing cafeteria and food court operations	$491K	Elior India	50/100
8th	Yummy Corp 2003, Jakarta (Indonesia), Series B	Provider of catering management solutions to cooperate	$19.8M	SBVA, BRI Ventures & 13 others	50/100
9th	Maczfit 2015, Warsaw (Poland), Acquired	Platform offering dietary catering services	-	-	47/100
10th	Fraiche 2019, Brooklyn (United States), Acquired	Platform offering smart vending machine offering fresh meals	$3M	Kima Ventures, AA Sons & 5 others	46/100

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Looking for more details on SmartQ's competitors? Click here to see the top ones

Founders (largest shareholder) own 55.85%, Funds own 17.20%, Angels own 14.34% and Other People own 0.19%. The net worth of SmartQ's founders is INR 15.5Cr as of Jan 31, 2018.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	55.85%	15.5Cr	5735395	7660605	1214957	8375570
Krishna Wage	2013215	9037034	2798804	9511153	1741697	7058927
Fund	17.20%	4.77Cr	4966645	7110974	9130889	4998808
YourNest	5432534	7528431	8750029	1042753	3956485	4062495
Angel	14.34%	3.97Cr	8040871	1878509	2234158	1965021
Deven Laxmichand Dedhia	4592066	8046736	8911671	1376110	9820297	6734750
Mangala M	0	0	0	0	0	0
Kasturi Jayamaruthi	0	0	0	0	0	0
Kulin C Shah	0	0	0	0	0	0
Other People	0.19%	5.16L	0	0	0	0
ESOP Pool	12.42%	3.44Cr	6724559	1734107	1004759	7160783
Total	100.00%	27.7Cr	3691251	8216917	9580967	5275119