Company lists
The Gujarat edition · 2026

Internet of things - industry applicationscompanies in Gujarat

Industrial IoT, smart homes, tracking & security, energy & facilities, smart cities and more: the companies building internet of things - industry applications in Gujarat, with their founders, funding, team size and business models.

101 company profiles36 with reported revenue9 with recorded fundingOctober 2026 edition

Recent internet of things - industry applications business events in India

Funding, M&A, contract wins and launches involving 2,456 internet of things - industry applications companies in India, last 24 months: 48 funding rounds · 22 Contracts · 13 M&A deals · 6 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingPre-Series A

Impensus Electronics

Deep tech startup Impensus Electronics has raised ₹16 million in a Pre-Series A funding round to support the expansion of its agricultural technology solutions aimed at reducing…

Investors angel investors associated with the Chennai chapter of Keiretsu Forum, IN44 Capital
Agricultural Technology
FundingSeries A

Aurm

Aurm has raised ₹42 crore in a Series A funding round co-led by Earth Fund and Sattva Ventures, along with participation from several angel investors.

Investors Earth Fund, Sattva Ventures, Prime venture partners, Magnifiq Capital Trust
PropTech, security infrastructure, digital convenience
Funding

Ultrahuman

On the other hand, Ultrahuman continues to lead the health wearable space with a $48 million round, helping people track their metabolism in real-time.

FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
FundingSeed

Intellithink

Intellithink Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.8 Mn Seed Pentathlon Ventures, Anicut Capital, Veltis Capital Pentathlon Ventures

Advanced Hardware & Technology
FundingPre-Series A

Aliste technologies

Aliste Technologies Clean Tech - B2C $3.2 Mn Pre-Series A Big Global JSC, YourNest Venture Capital, Hbeon Labs Big Global JSC

Investors Big Global JSC, YourNest Venture Capital, Hbeon Labs
Clean Tech
M&AAcquisition · Completed

Thermax acquires Exactspace

Thermax confirmed completion of its acquisition of a 35.83 percent stake in Exactspace Technologies Private Limited, taking its overall shareholding to 51 percent on a fully diluted basis.

Funding

Proxgy

"Proxgy raised $210,000,"

Investors Na
ContractService

Ceinsys tech · client: Indian Space Research Organisation

Ceinsys Tech has announced the receipt of a significant service order from the Indian Space Research Organisation (ISRO) valued at Rs 3,24,50,000, inclusive of GST.

Technology
Funding

Living things

Spadel has invested in UK beverage company Living Things through its venture capital arm, The Source Ventures, as part of a new funding round aimed at accelerating growth.

Investors Spadel
Funding

Drink Prime

Drink Prime, a water purifier subscription service, has raised $2.2 million from Artha Continuum Fund and Mirabilis Investment Trust, according to a company statement.

Investors Artha Continuum Fund, Mirabilis Investment Trust
Watertech
M&AAcquisition · Announced

Thermax acquires Exactspace

Thermax Limited has entered into definitive agreements to raise its stake in Exactspace Technologies Private Limited to 51% on a fully diluted basis, converting the artificial…

M&AAcquisition · Announced

Asm technologies acquires Myelin foundry

ASM Technologies announced that it has signed a definitive agreement to acquire 20% stake in Myelin Foundry

FundingBlended equity and debt

Statiq

Statiq has raised approximately $18 million in a blended equity and debt round, signalling renewed investor interest in India’s electric vehicle infrastructure sector after a prolonged…

Investors Tenacity Ventures, Y combinator, Shell Ventures, RCD Holdings
Electric vehicle infrastructure
FundingSeed

Six Sense Mobility

Six Sense Mobility Consumer > Road Transport Tech Delhi $4.8M Seed Piper Serica

Investors Piper Serica
Road Transport Tech
M&AAcquisition · Announced

Genus Power Infrastructures acquires Newlectric Innovation Pvt Ltd

Genus Power said that on January 20, 2026, it entered into an agreement to acquire around 34.35 lakh equity shares of Newlectric Innovation, representing 86.49 per cent of its equity…

Smart Electricity Meters Manufacturing
FundingSeed

Noise

On January 14, Noise officially announced the completion of a $7.1 million seed round of financing. This round was led by renowned venture capital firm Paradigm, with participation from…

ContractSupply

Aimtron · client: Aurassure

Aimtron Electronics Limited has entered into an original equipment manufacturing engagement with climate technology firm Aurassure to produce IoT enabled weather and environmental…

Technology
FundingSeries B

Smart joules

Smart Joules raised $10 Mn in Series B funding led by Neev II Fund

Investors Neev II Fund
Climate tech energy efficiency
Funding

Atomberg

Consumer appliances maker Atomberg has secured fresh funding

Investors Na
Consumer appliances maker
ContractService

Ceinsys tech · client: Maharashtra Remote Sensing Application Centre

Ceinsys Tech Ltd received a domestic work order from the Maharashtra Remote Sensing Application Centre (MRSAC) for detailed soil survey and mapping under the National Soil Mapping…

FundingStrategic investment

Nimble vision

The investment has been made in Nimble Vision, a Bengaluru-based DeepTech startup developing advanced indigenous technologies for water conservation, automation, and real-time analytics.

Investors Va tech wabag
DeepTech Water Technology
LaunchEnvizom

Oizom

Envizom, Oizom’s Advanced Environmental Intelligence Platform, has undergone a powerful transformation. Initially designed only for Oizom products, Envizom has since evolved into a…

Environmental Intelligence Platform
ContractTechnology

Trident Techlabs · client: Stesalit systems

Trident Techlabs Limited has received a Letter of Award from Stesalit Systems Limited.

Government
LaunchFasalJet system

Fasal

Their recent product, the FasalJet system, automates these actions to ensure consistent farm management despite labor constraints.

Automation platform
FundingSeries B

Intangles

Pune-based deep tech company Intangles has secured a fresh USD 30 million in its Series B funding round, led by Avataar Venture Partners with follow-on support from Baring India Private…

Investors Avataar Venture Partners, Baring India Private Equity, Cactus Partners
Automotive AI / Predictive Vehicle Intelligence

Internet of things - industry applications companies in Gujarat, by revenue

Browse internet of things - industry applications companies in Gujarat by reported revenue, one-year revenue growth, revenue model, age and stage. The 36 companies below are the largest by their most recent reported revenue among 36 internet of things - industry applications companies in Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 36

IoT solutions for enterprise

Internet of things infrastructure
₹38.34 crFY 2024-25
-24%2024–2025
2+0% 12 mo to Feb 2024recorded Feb 2024
15 yr2011
0none in 3 months

Provider of diversified smart home products

Smart homes
₹30.62 crFY 2023-24
Not reported
444-8% 12 mo to Aug 2024recorded Aug 2024
25 yr2001
0none in 3 months

Provider of environmental monitoring systems for air quality and weather conditions

Air pollution management tech
₹25.25 crFY 2024-25
Not reported
123+30% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

Manufacturer of power quality management products and energy management solutions

Iot applications
₹24.42 crFY 2024-25
+4%2024–2025
43LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Provider of smart switches for home automation

Smart homes
₹17.77 crFY 2024-25
+21%2024–2025
171+12% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jul 2026

Developer of end-to-end home automation solutions

Smart homes
₹13.28 crFY 2024-25
+44%2024–2025
98+356% 12 mo to Feb 2024LinkedIn · Jul 2026
10 yr2016
2postings · last posted Aug 2026

Manufacturer of bone conduction headphones and non-surgical hearing aid devices

Consumer electronics e-commerce
₹10.50 crFY 2024-25
+135%2024–2025
103LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of GPS tracking solutions for fleet operators

Field force automation
₹9.33 crFY 2022-23
Not reported
274+17% 12 mo to Jul 2024LinkedIn · Oct 2026
26 yr2000
0none in 3 months

Provider of smart switches

Smart homes
₹9.51 crFY 2024-25
+14%2024–2025
48LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted May 2026

Provider of open ear bone conduction headphones for safer listening and communication

Consumer electronics e-commerce
₹6.76 crFY 2024-25
+276%2024–2025
8LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026

Provider of integrated automation solutions for residential, commercial, and industrial applications

Smart homes
₹6.63 crFY 2024-25
+48%2024–2025
8LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of smart control systems

Smart homes
₹5.04 crFY 2024-25
+52%2024–2025
17LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of diversified smart home products

Smart homes
₹4.41 crFY 2024-25
+48%2024–2025
13LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of IoT-enabled facility management solutions

Iot applications
₹2.08 crFY 2024-25
+48%2024–2025
10+100% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

AI-based P&C insurance claims processing platform for insurers

Insurance it
₹1.96 crFY 2024-25
+66%2024–2025
17-89% 12 mo to Jan 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Company that specializes in home automation solutions

Smart homes
₹1.94 crFY 2024-25
-6%2024–2025
9LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of EV charging station operators

Smart cities
₹1.76 crFY 2024-25
+118%2024–2025
6LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of smart locks for home security

Smart homes
₹1.11 crFY 2024-25
-43%2024–2025
1LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Location-based citizen engagement platform

Smart cities
₹1.04 crFY 2024-25
Not reported
16LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Developer of SaaS based solutions for internet of things

Manufacturing tech
₹1.04 crFY 2024-25
+16%2024–2025
—Not available
9 yr2017
0none in 3 months

Asse tracking solutions for agriculture and mining industries

Iot applications
₹99.50 lakhFY 2023-24
Not reported
—Not available
3 yr2023
0none in 3 months

Developer of smart home control hubs

Smart homes
₹98.89 lakhFY 2024-25
+15%2024–2025
11LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of IoT based condition monitoring of assets

Iot applications
₹85.68 lakhFY 2024-25
Not reported
—Not available
9 yr2017
0none in 3 months

Provider of device for monitoring human heart

Healthcare it
₹63.49 lakhFY 2022-23
+54%2022–2023
10LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Sep 2025

Platform offering smart, key-less access control solutions

Smart homes
₹54.06 lakhFY 2024-25
+13%2024–2025
—Not available
10 yr2016
0none in 3 months
36 of 101 companies shown here · the full list is on Radar
Fliar Radar

Explore all 101 internet of things - industry applications companies in Gujarat on Radar

This page shows the top 36. Radar has the complete, filterable list with contacts and live company signals.

Open internet of things - industry applications in Gujarat on Radar
  • Every company, not just 50All 101 internet of things - industry applications companies in Gujarat, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore internet of things industry applications companies in Gujarat by what you are looking for

Browse internet of things industry applications companies in Gujarat, from smart home makers to industrial IoT providers. You can also find IoT startups in Gujarat working on vehicle tracking, energy management and smart city solutions.

8 ways to explore internet of things - industry applications in Gujarat

Industrial IoT & manufacturing solutionsSmart home & home automation companiesVehicle tracking, fleet & security IoTEnergy management & smart building IoTSmart city & environmental monitoring solutionsWearables & connected health devices

Industrial IoT & manufacturing solutions

IoT platforms and condition monitoring for factories and industrial assets.

  1. Hkapl

    IoT solutions for enterprise

    Internet of things infrastructure
    See in list
  2. myCiti

    Provider of IoT-enabled facility management solutions

    Iot applications
    See in list
  3. ProMeraki

    Developer of SaaS based solutions for internet of things

    Manufacturing tech
    See in list
  4. Techhop

    Asse tracking solutions for agriculture and mining industries

    Iot applications
    See in list
  5. Autobits

    Provider of IoT based condition monitoring of assets

    Iot applications
    See in list

Smart home & home automation companies

Makers of smart switches, home automation controllers and smart locks.

  1. Konnsys

    Provider of diversified smart home products

    Smart homes
    See in list
  2. WHITELION

    Provider of smart switches for home automation

    Smart homes
    See in list
  3. Smartnode

    Developer of end-to-end home automation solutions

    Smart homes
    See in list
  4. WeHear

    Manufacturer of bone conduction headphones and non-surgical hearing aid devices

    Consumer electronics e-commerce
    See in list
  5. Varni Digital

    Provider of smart switches

    Smart homes
    See in list

Vehicle tracking, fleet & security IoT

GPS vehicle tracking, fleet management and surveillance technology providers.

  1. Uffizio

    Developer of GPS tracking solutions for fleet operators

    Field force automation
    See in list
  2. lock it

    Provider of smart locks for home security

    Smart homes
    See in list
  3. iDoor

    Platform offering smart, key-less access control solutions

    Smart homes
    See in list
  4. Shree Navkar Tradecom

    Provider of vehicle security systems, home security, etc.

    Smart homes
    See in list
  5. KarConnect

    Vehicle diagnosis and driving analysis solution

    Connected vehicles
    Website

Energy management & smart building IoT

Energy efficiency, building automation and facility management technology.

  1. Trinity Energy

    Manufacturer of power quality management products and energy management solutions

    Iot applications
    See in list
  2. myCiti

    Provider of IoT-enabled facility management solutions

    Iot applications
    See in list
  3. Whyte

    Provider of smart home appliances for home automation

    Smart homes
    See in list
  4. IncSmart

    Developer of a cloud-based energy management solution

    Energy efficiency tech
    See in list
  5. ENERLYF

    Provider of temperature and HVAC management system

    Facility management tech
    See in list

Smart city & environmental monitoring solutions

Smart city, air quality, waste and street lighting technology.

  1. Oizom

    Provider of environmental monitoring systems for air quality and weather conditions

    Air pollution management tech
    See in list
  2. Responscity

    Location-based citizen engagement platform

    Smart cities
    See in list
  3. Prkruti

    Provider of a solar-powered IoT device to track and monitor air pollution

    Smart cities
    See in list
  4. Green Aadhaar

    Developer of software for waste processing, traceability, and compliance

    Smart cities
    See in list
  5. Energy Conservation

    Provider of IoT-based control systems for street lights

    Energy efficiency tech
    Website

Wearables & connected health devices

Wearable devices and remote health monitoring tools.

  1. WeHear

    Manufacturer of bone conduction headphones and non-surgical hearing aid devices

    Consumer electronics e-commerce
    See in list
  2. Wellnest Health Monitoring

    Provider of device for monitoring human heart

    Healthcare it
    See in list
  3. Synersense

    Developer of a portable 3D gait analysis device

    Disease self management
    See in list
  4. MyTatva

    Provider of an application to track body parameters

    Disease self management
    Website
  5. Multiparameter Monitor

    Vital signs monitoring device

    Disease self management
    Website

IoT startups in Gujarat

Recently founded internet of things companies in Gujarat.

  1. Techhop

    Asse tracking solutions for agriculture and mining industries

    Iot applications
    See in list
  2. Green Aadhaar

    Developer of software for waste processing, traceability, and compliance

    Smart cities
    See in list
  3. Vicharak

    Provider of CPU limitations and redefine hardware adaptability

    Edge computing
    See in list
  4. MyTatva

    Provider of an application to track body parameters

    Disease self management
    Website
  5. Drigya Technology

    Developer of edge AI machine vision cameras for industrial automation

    Edge computing
    Website
12 companies in Gujarat

IoT companies hiring in Gujarat

Internet of things companies in Gujarat with open roles.

  1. Oizom

    Provider of environmental monitoring systems for air quality and weather conditions

    Air pollution management tech
    See in list
  2. WHITELION

    Provider of smart switches for home automation

    Smart homes
    See in list
  3. Smartnode

    Developer of end-to-end home automation solutions

    Smart homes
    See in list
  4. Varni Digital

    Provider of smart switches

    Smart homes
    See in list
  5. NG EarSafe

    Provider of open ear bone conduction headphones for safer listening and communication

    Consumer electronics e-commerce
    See in list
11 companies in Gujarat
Mobile reach

Top 10 internet of things - industry applications apps from Gujarat

The most-installed Android apps published by internet of things - industry applications companies headquartered in Gujarat — 991K installs between them. 24 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

fliTrack

by Uffizio

Installs503K
Rating4.3523K ratings
Installs, year on year+23%
Last updatedMay 2026
View on Google Play ↗
fliTrack screenshot 1fliTrack screenshot 2fliTrack screenshot 3fliTrack screenshot 4fliTrack screenshot 5fliTrack screenshot 6
2

Customer WIMWIsure

by WIMWIsure

Installs407K
Rating—
Last updatedApr 2025
View on Google Play ↗
Customer WIMWIsure screenshot 1Customer WIMWIsure screenshot 2
3

Smart Node - Home Automation

by Smartnode

Installs22K
Rating—
Last updatedApr 2026
View on Google Play ↗
Smart Node - Home Automation screenshot 1Smart Node - Home Automation screenshot 2Smart Node - Home Automation screenshot 3Smart Node - Home Automation screenshot 4Smart Node - Home Automation screenshot 5Smart Node - Home Automation screenshot 6
9

AirHome - Lifestyle Automation

by WHITELION

Installs6K
Rating—
Last updatedApr 2026
View on Google Play ↗
AirHome - Lifestyle Automation screenshot 1AirHome - Lifestyle Automation screenshot 2AirHome - Lifestyle Automation screenshot 3AirHome - Lifestyle Automation screenshot 4AirHome - Lifestyle Automation screenshot 5AirHome - Lifestyle Automation screenshot 6
10

myCiti

by myCiti

Installs3K
Rating—
Last updatedNov 2023
View on Google Play ↗
myCiti screenshot 1myCiti screenshot 2myCiti screenshot 3myCiti screenshot 4myCiti screenshot 5
The business behind the activity

Internet of things - industry applications financials in Gujarat

Revenue, profit and growth from the filed annual accounts of 32 internet of things - industry applications companies in Gujarat for FY24-25 — 40 of the 101 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 62% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹146.48 cr

32 companies filing accounts

combined net profit₹5.65 cr

3.9% aggregate margin

are profitable69%

22 of 32 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+48%

into FY24-25

earned by the top five62%

revenue concentration

Six-year view

Combined revenue of filing companies

₹64.86 crFY19-2020 filers
₹49.89 crFY20-2121 filers
₹93.01 crFY21-2225 filers
₹112.03 crFY22-2331 filers
₹193.27 crFY23-2433 filers
₹146.48 crFY24-2532 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 25 companies over three years

+61%
FY22-23₹80.04 cr₹3.17 cr net
FY23-24₹149.00 cr₹14.24 cr net
FY24-25₹128.81 cr₹4.49 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1250% profitable
₹1–10 cr1573% profitable
₹10–100 cr5100% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking4
0–20%8
20–50%6
50–100%5
Doubled+8

31 companies with accounts for both years; median growth +48%.

Profitability

Profit is concentrated at the top

22profitable
10loss-making
3.9%aggregate margin
0.9%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
WeHearWEHEAR INNOVATIONS PRIVATE LIMITED+137%₹10.37 cr
SmartnodeSMARTNODE AUTOMATIONS PRIVATE LIMITED+44%₹13.28 cr
WHITELIONWHITELION SYSTEMS PRIVATE LIMITED+21%₹17.77 cr
Trinity EnergyTRINITY ENERGY SYSTEMS PRIVATE LIMITED+4%₹24.42 cr
OizomOIZOM INSTRUMENTS PRIVATE LIMITED+3%₹25.25 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
OizomOIZOM INSTRUMENTS PRIVATE LIMITED9.0%₹25.25 cr
Trinity EnergyTRINITY ENERGY SYSTEMS PRIVATE LIMITED5.8%₹24.42 cr
SmartnodeSMARTNODE AUTOMATIONS PRIVATE LIMITED3.2%₹13.28 cr
WHITELIONWHITELION SYSTEMS PRIVATE LIMITED1.0%₹17.77 cr
WeHearWEHEAR INNOVATIONS PRIVATE LIMITED0.6%₹10.37 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Smart homes14₹65.26 cr~₹2.3 cr64%1.4%
Leaders

Largest internet of things - industry applications companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
OizomOIZOM INSTRUMENTS PRIVATE LIMITED₹25.25 cr₹2.27 cr9.0%+3%
Trinity EnergyTRINITY ENERGY SYSTEMS PRIVATE LIMITED₹24.42 cr₹1.41 cr5.8%+4%
WHITELIONWHITELION SYSTEMS PRIVATE LIMITED₹17.77 cr₹17.34 lakh1.0%+21%
SmartnodeSMARTNODE AUTOMATIONS PRIVATE LIMITED₹13.28 cr₹42.25 lakh3.2%+44%
WeHearWEHEAR INNOVATIONS PRIVATE LIMITED₹10.37 cr₹6.69 lakh0.6%+137%
Varni DigitalVARNI DIGITAL PRIVATE LIMITED₹9.51 cr₹88.53 lakh9.3%+14%
NG EarSafeN.G. CONSUMERTECH PRIVATE LIMITED₹6.76 cr−₹1.71 cr-25.3%+276%
Lumos SolutionLUMOS BUILDING AUTOMATION PRIVATE LIMITED₹6.63 cr₹7.77 lakh1.2%+48%
JR Automation TechnologyJR AUTOMATION TECHNOLOGY PRIVATE LIMITED₹5.04 cr₹14.56 lakh2.9%+52%
SmartiQoSMARTIQO PRIVATE LIMITED₹4.41 cr₹0.45 lakh0.1%+48%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Internet of Things - Industry Applications Landscape of India

The financials above are one chapter. The full internet of things - industry applications landscape of Gujarat maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the internet of things - industry applications landscape of Gujarat
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Internet of things - industry applications funding and M&A across India

1,053 recorded equity rounds have gone to 2,456 internet of things - industry applications companies in India — how much, at which stage, into which sub-sectors, from whom, and how Gujarat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months27

US$170.19m

equity rounds, last 24 months89

US$388.33m

raised over five yearsUS$1.14bn

455 rounds in India

M&A deals, India13

last 24 months

Capital by year

Equity funding into internet of things - industry applications in India

amount rounds
$69m201885
$92m2019111
$148m2020110
$179m2021112
$227m2022101
$202m202391
$152m202472
$233m202561
$151m202618

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$232.59m across 61 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$25.53m83 rounds · median US$92k
SeedUS$260.59m276 rounds · median US$397k
Series AUS$277.64m58 rounds · median US$3.38m
Series BUS$253.47m20 rounds · median US$10.06m
Series CUS$326.14m18 rounds · median US$11.66m
Where the money went · five years

Most-funded sub-sectors

Wearable technologyUS$234.24m50 rounds · 21 companies
Smart homesUS$188.21m34 rounds · 14 companies
Road transport techUS$123.40m19 rounds · 7 companies
Iot applicationsUS$106.20m32 rounds · 16 companies
Consumer electronics e-commerceUS$99.97m20 rounds · 4 companies
Energy efficiency techUS$57.24m11 rounds · 6 companies
Smart citiesUS$48.15m13 rounds · 8 companies
Corporate activity · last 24 months

M&A in India

12Acquisition
1Announced

Most active acquirers

  1. Thermax2
  2. C.E. Info Systems Limited2
  3. Asm technologies1
  4. Genus Power Infrastructures1
  5. Mapmyindia1

Most acquired or merged

  1. Exactspace2
  2. Gtropy2
  3. Pureit2
  4. Myelin foundry1
  5. Newlectric Innovation Pvt Ltd1

Each deal appears in the events strip at the top of the page.

Go deeper in the internet of things - industry applications landscape reports:

Internet of Things - Industry Applications Landscape of India

Internet of things - industry applications funding in Gujarat

9 internet of things - industry applications companies in Gujarat have recorded equity funding, US$4.35m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Gujarat

Meet the people behind internet of things - industry applications companies in Gujarat. 52 of 101 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Gujarat internet of things - industry applications companies by sub-sector

The most common specialisations among internet of things - industry applications companies in Gujarat. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring internet of things - industry applications in India and nearby markets.

Company lists

Company listInternet of Things - Industry Applications Companies in Ahmedabad, India49 companiesCompany listInternet of Things - Industry Applications Companies in Bengaluru, India438 companiesCompany listInternet of Things - Industry Applications Companies in Chennai, India73 companiesCompany listInternet of Things - Industry Applications Companies in Delhi, India144 companiesCompany listInternet of Things - Industry Applications Companies in Gurugram, India89 companiesCompany listInternet of Things - Industry Applications Companies in Hyderabad, India127 companiesCompany listBusiness Services Companies in Gujarat, India1,516 companiesCompany listRetail Companies in Gujarat, India1,001 companiesCompany listIT Services Companies in Gujarat, India875 companiesCompany listConsumer Companies in Gujarat, India867 companiesCompany listHealthcare Companies in Gujarat, India864 companiesCompany listConsumer Goods Companies in Gujarat, India853 companiesCompany listEnterprise Applications Companies in Gujarat, India759 companiesCompany listFood and Agriculture Companies in Gujarat, India713 companies
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