- CEO
- Sandipan Chattopadhyay
- Full Time Employees
- 51
- Sector
- Technology services
- Industry
- Information technology services
- Address
- No.57, Novel Business Park Hyderabad TS India 560030
- IPO Date
- Feb 4, 2019
- Business
- Xelpmoc Design and Tech Limited provides professional and technical consulting services in product development, data science, analytics, artificial intelligence, and machine learning, with a specialization in natural language processing; it offers mobile and web application development, prototype development, thematic product development, data analytics assistance, platform development, testing, deployment, maintenance, and customized technology solutions including AI-driven voice interfaces, blockchain applications, speech-to-text analytics, and decentralized ledger technologies. The company serves corporates, startups, and government entities across sectors such as e-commerce, hospitality, healthcare, education, retail, HR tech, fintech, media, rural development, and government services, operating primarily in India with international engagements in the USA, Europe, and other regions; it positions itself as a technology co-founder for startups via cost-plus-equity models and delivers end-to-end innovation projects for corporates and governments. Founded in 2015 and headquartered in Bengaluru, India, with additional offices in Hyderabad and Mumbai, Xelpmoc maintains a portfolio of investee companies including Mihup Communications, Woovly, Snaphunt, Inqube Innoventures, KidsStopPress, and others, while nurturing ventures through its ecosystem network.
In recent developments, the company approved the partial sale of its stake in Mihup Communications Private Limited, transferring 11,782 Series Seed Compulsorily Convertible Preference Shares for Rs. 100 million in Q1 FY26, representing a significant monetization event and validation of its venture-building model; it also approved further acquisition of shares in One Point Six Technologies Private Limited (Pencil) via conversion of receivables worth Rs. 1.20 crores, boosting its stake to 7.9% on a fully diluted basis, and disposed of investments in Fortigo Network Logistics Private Limited for Rs. 1.30 crores and Firstsense Technology Private Limited for Rs. 1.67 lakhs. Portfolio companies showed progress, with Mihup achieving Rs. 250 million ARR, Woovly's Live2.ai reaching $2.4 million ARR and EBITDA positivity, Snaphunt projecting $1 million revenue in 2025 with 1.5x paid customer growth, and others like The Star In Me securing new clients and awards. These strategic moves, alongside a shift to 100% corporate revenue in Q1 FY26 and narrowing losses, underscore Xelpmoc's focus on operational efficiency, portfolio value realization, and path to profitability.