# Kromozones Software Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kromozones-software-pvt

- Industry: Software
- Headquarters: Noida, India
- Website: www.mindyourfleet.com
- Total disclosed funding: $5.7M
- Latest round: Angel (Dec 21, 2015)
- Investors on record: 1

## About

Kromozones Software Pvt. Ltd. specializes in advanced fleet management solutions that optimize vehicle operations and enhance productivity for businesses across various sectors.Kromozones Software Pvt. Ltd., founded in 2014 and headquartered in Noida, India, provides innovative fleet management software. The company has secured INR 99.24 mn in funding from investors including InvAscent Capital Partners and Swarnim Multiventures, valuing the firm at INR 3.06 billion. Jitender Arora, the founder, has a background in technology solutions and has successfully navigated the company through multiple funding rounds, totaling INR 99.24 mn raised to date.Mind Your Fleet specializes in comprehensive fleet management solutions designed to optimize vehicle operations and enhance productivity for businesses across various industries. The company's core offerings include real-time vehicle tracking, maintenance scheduling, fuel management, and driver behavior analysis. These features enable companies to reduce operational costs, improve safety, and increase overall efficiency in their fleet operations. The end users primarily comprise logistics companies, transportation services, and corporate fleets seeking to streamline their vehicle management processes. Mind Your Fleet serves a diverse client base across North America and Europe, providing tailored solutions that address the specific challenges of fleet management in different geographical markets.In the most recent year, 2021, Mind Your Fleet generated revenue of INR 163,368.80 and reported an EBITDA of INR -152,451.90. Their revenue model is primarily based on subscription services, where clients engage in annual or monthly contracts to access the company's suite of fleet management tools, ensuring a sustainable revenue stream through ongoing client relationships.In August 2021, Kromozones Software Pvt. Ltd. raised INR 99.24 mn in venture funding to enhance its product offerings and expand its market reach. The company plans to launch new products focusing on advanced analytics and predictive maintenance features by mid-2022. There are also plans to penetrate additional markets in Asia and the Middle East by the end of 2023, utilizing recent funding to support these initiatives and drive growth.

## Funding rounds

- Angel, Dec 21, 2015, $3M — InvAscent Capital Partners
- Seed, Jun 4, 2015, $2.7M — InvAscent Capital Partners

## Investors

- InvAscent Capital Partners (https://capitalatlas.ai/funds/invascent-capital-partners) — Seed, Angel