Imagine being able to control the lighting of your room, your TV, washing machines, fridge, locking and unlocking of doors that too with the help of your smartphone. Technology is moving at a very fast rate and this internet of things aka IoT is connecting more and more devices than ever before.
Amazon’s Alexa, Google Assistant or Apple’s Siri are already a part of IoT. Tech startups and established enterprises are linking devices to operate together making it user friendly.
Connecting every machine with the internet is what IoT stands for. According to a Zinnov report, India's IoT investments are projected to reach $15 billion by 2021 from $5 billion in 2019. Intel, Texas Instruments, Telit, Gemalto, Infosys, IBM, and Wipro are the major contributors in this field. "The future is already here. It's just not evenly distributed".
With more than 100 smart cities and digitisation campaigns by the Government of India, there is a gargantuan requirement of ubiquitous connectivity to enable seamless communication between machine-to-machine (M2M) and machines to humans.
It will be a dream come true for Indians when your home knows you’re not there, locks your doors, and sends you a message to let you know. We are very close to a world where the smartphone is ready to make our life easier. In this article, we are going to enlighten the IoT space that is currently being empowered by the startup ecosystem in the nation.
Let's take a look at some of the top IoT startups in India.
Stellapps
Founders: Ranjith Mukundan and Venkatesh Seshasayee
Founded In: 2011
Based Out: Bengaluru
With a revolutionary idea of offering end-to-end dairy technology solutions, this Bengaluru-based Stellapps was founded by two IITians – Ranjith Mukundan and Venkatesh Seshasayee in 2011 and incubated by IIT Madras. The startup produces and procures comprehensive farm optimisation and monitoring support solution to help dairy farmers and cooperatives maximise profits while minimising effort. Stellapps had even managed to raise the funding from Blume Ventures, Flipkart and Venture Highway. They have successfully set up the world’s largest community milking parlour.
Zenatix
Founders: Amarjeet Singh, Rahul Bhalla and Vishal Bansal
Founded In: 2013
Based Out: Delhi
Machine Learning course becomes very handy if one wants to enter the field of AI and IoT. Using advanced ML models, Zenatix provides awesome energy savings for huge commercial consumers of electricity. This Delhi-based startup was founded by Amarjeet Singh, Rahul Bhalla and Vishal Bansal in 2013. The startup's offerings include Wattman and Wattman Lite that helps to reduce 30% of electricity consumption. Zenatix had raised about $1Mn Pre-Series A funding led by Pi Ventures.
Smartron
Founders: Mahesh Lingareddy, Narsi Reddy Posham and Rohit Rathi
Founded In: 2014
Based Out: Hyderabad
Smartron was founded by Mahesh Lingareddy, ex-Intel and co-founder of Silicon Valley startup Soft Machines, along with Narsi Reddy and Rohit Rathi in 2014. The startup provides an intelligent connected platform TronX that offers high-level customised experiences, services and care through internet-connected smart devices. TronX allows you to converse and control the normal gadgets at home like TV, AC, fridge and even doors and windows get controlled with gestures, touch and voice. Sachin Tendulkar is the brand ambassador of the startup.
Carsense
Founders: Rohan Vadgaonkar, Pushkar Limaye, Urmil Shah and Prathamesh Joshi
Founded In: 2015
Based Out: Mumbai
Carsense is on the list of the top IoT-based startups in India with an idea to offer car diagnostic solutions. It is a Mumbai-based startup earlier known as Carnot, founded by 4 IITians Rohan Vadgaonkar, Pushkar Limaye, Urmil Shah and Prathamesh Joshi in 2015. The startup is deciding to enter into the space of car security by working on GPS, accelerometer, gyroscope and Bluetooth. It plugs into the OBD Port, while its easy-to-use software app ensures whether the electronic systems inside a user’s car (in modern cars, everything comes under electronic systems) is in working order. Once integrated into the system, it can be used to monitor the car to ensure its safety, send alert signals in case repairs are required, give insights into the car’s fuel economy and more.
AerX Labs
Founders: Sumit Rishi, Kartavya Mohan Gupta and Priyank Sharma
Founded In: 2015
Based Out: Bengaluru
With a concept to modernise the avionics sector, this Bengaluru-based startup makes professional-grade certifiable simulators for airlines, flight schools, universities and corporates. Backed by Intel India and Bosch India, the founders of this company – Sumit, Kartavya and Priyank are now working on assessing the risk behaviours for pilot training.
TerraBlue XT
Founder: Rajlakshmi Borthakur
Founded In: 2015
Based Out: Bengaluru
The only sector that needs to be fully integrated with modern technology in the medical/health sector. All the dangerous diseases like Cancer are curable just because of the modern solutions. Rajlakshmi Borthakur founded TerraBlue XT that connects patients, caregivers, doctors and hospitals with a common thread. Backed by the Government of India’s Department of BioTech, the Karnataka government’s Dept. of ITBT, neDFI, birac, and the IIM Ahmedabad Entrepreneurship Cell, the startup is all set to disrupt the Indian IoT sector.
Hug Innovations
Founder: Raj Shekhar Neravati
Founded In: 2014
Based Out: Hyderabad
A device that understands and keeps you alarmed about your food intake, water intake and other activities performed throughout the day. This Hyderabad-based startup offers an IoT wearable Hug smartwatch that records your music taste, tracks food intake, water intake and calories burnt. It tracks your location and sends it to your family and friends in case of danger. Hug Innovations had raised $5 Mn in Series A funding round during a live instant funding event organised by TiE Hyderabad – The Guardian Angel.
CavyIoT
Founder: Vilas Khade
Founded In: 2019
Based Out: Maharashtra
CavyIoT is a company that provide IoT services that helps you in connecting your device to the cloud. With the help of the company's services, one can manage their IoT devices from anywhere. CavyIoT was founded in the year 2019 by Vilas Khade and the headquarters is situated in Akola, Maharashtra, India.
Tyre Express
Founder: Brijesh Shukla and Dinesh Wakale
Founded In: 2012
Based Out: Maharashtra
Tyre Express company offers a IoT based Tyre performance management system. Through this system you can monitor the performance of your tyres, this way one can reduce accidents, decrease fuel consumption and others. Brijesh Shukla and Dinesh Wakale founded the company in 2012 and its the first IoT platform for tyre performancemanagement in India
ATHUL C K
FAQs
What is IoT technology?
The Internet of Things (IoT) is the concept of connecting any device to the Internet and to other connected devices. The IoT is a giant network of connected things and people all of which collect and share data about the way they are used and about the environment around them.
How is the Internet of things used?
The Internet of Things (IoT), also sometimes referred to as the Internet of Everything (IoE), consists of all the web-enabled devices that collect, send and act on data they acquire from their surrounding environments using embedded sensors, processors and communication hardware.
Where is IoT used?
IoT devices can be used to monitor and control the mechanical, electrical and electronic systems used in various types of buildings (e.g., public and private, industrial, institutions, or residential) in home automation and building automation systems.
What is the future of IoT in India?
As per a joint report by FICCI and Ernst & Young, the APAC region is forecasted to become the largest global IoT region in terms of both connections and revenue by 2025 with India expected to have 5 billion connected devices by 2022.
What are the opportunities of IoT?
There are many IoT business opportunities in India as IoT significantly increases productivity: by as much as 0.2% of GDP already, and growing. Over half of these benefits are enjoyed by manufacturing businesses, making it the sector currently with the largest opportunity from using IoT.
What are some IoT startups in India?
- Stellapps
- Zenatix
- Smartron
- Carsense
- AerX Labs
- TerraBlue XT
- Hug Innovations