About Advanced Structures India
We are Advanced Structures India. Over the past decade, we’ve built xcPEP Should Costing SaaS & xcPROC Should Cost Input Database, not by tweaking legacy ideas, but by rethinking the discipline from first principles.
Today, our products define new industry benchmarks and are used by global and Indian leaders across automotive, consumer electronics, appliances, off-highway and industrial equipment sectors - often leading to the creation of dedicated internal teams and functions around them.
Since 2020, we’ve focused exclusively on developing and deploying our cost engineering SaaS built from first principles and continuously refined through direct, real-time feedback from our customers.
Adoption of Our Technology
Cost engineering is a sensitive and complex domain, made more challenging by global supply chains and the need for precise, region-specific process data. Most companies treat it as a core internal capability, rarely opening it to external teams. Gaining their trust requires exceptional technical depth, discretion, and integrity.
We’ve earned that trust, one customer at a time, across industries and geographies. The strength of our technology and support has led several companies to establish internal cost labs built around xcPEP and supported by ASI.
This trust is rooted in:
Exceptionally better results than legacy software.
Compliance with enterprise-level information security from our early days.
Track record of one decade.
Trusted by Global Leaders Across Industries
Our Decade-Long Journey
From an internal tool to a global SaaS platform.
2025
xcPEP SaaS is now live at top-tier firms... The US emerges as the highest growth market.
2024
Launched xcPROC to address data gaps in raw material, machine, and labor inputs...
2023
xcPEP took center stage in our offerings, while traditional services were scaled down...
2022
Became the dominant player in EV Should Costing, serving 3 out of the top 5 EV makers.
2021
Enhanced xcPEP capabilities... Started working with home appliance, consumer electronics...
2020
Strategic pivot: discontinued non-core services to focus entirely on xcPEP and Should Costing solutions.
2014-2020
Offered a wide spectrum of engineering services... ASI Datalab (now xcPEP) was an internal tool.
Our Product Ecosystem
Our powerful two-product ecosystem provides the foundation for cost transparency, negotiation, and engineering excellence across the enterprise.
A cloud-native software platform used by companies to estimate, analyze, and optimize the manufacturing cost of parts and products. Data inside xcPEP is created and owned by the company using it.
A should costing input database curated by our dedicated data research team. xcPROC provides verified rates for machine hour (MHR), labor hour (LHR), tooling, and raw materials.
Our People
The founding and leadership team guiding our product-first approach.
Vaibhav B Kumar
Founder & CEO
Pratik Kumar Shukla
Co-Founder & CTO
Alexander K A
Head - Engineering
Shivam Tiwari
Head - Operations
Our Teams
We are a team of around 60 engineers (as of mid 2025), with skills across mechanical, electrical, electronics, software engineering and machine learning. Our team structure reflects our product-first approach.
Software Development
Develops and maintains our products.
Solution Architecture
Configures xcPEP for individual customer's needs.
Data Research
Conducts primary and secondary research for cost data.
ASI Engineering
Custom should costing projects, Cost Lab setup.
DevOps
Manages our SaaS infrastructure in cloud.
Information Security
ISMS Ops and Compliance.
Information Technology
Manages all our IT assets except SaaS infrastructure.
Business & Support
Sales, Marketing, Finance, HR and Admin.
Key Facts & Company Charter
Location
We are headquartered in Bengaluru, India, in close proximity to the country's automotive, electronics, and manufacturing hubs.
Geographies Served
Our products are used by customers across India, the US, EU, and Taiwan. We support global deployments and localized configurations.
Business Model
Our focus is on building and licensing enterprise costing engineering software xcPEP. We offer optional support services like onboarding and customization.
What We Do Not Do
We are not a data aggregator or reseller. Our focus is entirely on enabling in-house cost engineering and procurement excellence through scalable, customer-controlled platforms.
We no longer offer broad outsourced engineering but selectively undertake cost-focused internalization and lab setup projects through our ASI Engineering team.