Company lists
The Kerala edition · 2026

Internet of things - industry applicationscompanies in Kerala

Smart homes, IoT applications, smart cities, energy, wearables & health and more: the companies building internet of things - industry applications in Kerala, with their founders, funding, team size and business models.

50 company profiles18 with reported revenue6 with recorded fundingOctober 2026 edition
Kerala · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

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 Kerala, by funding and team

Few internet of things - industry applications companies in Kerala publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 50 active companies.

Showing 25 of 50

Developer of system-on-chips and chiplet architectures for edge computing applications

Ai infrastructure
US$14.58mSeries A · Jul 2025
66+56% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
6 yr2020
0none in 3 months

Provider of SaaS-driven energy management and monitoring solution

Energy efficiency tech
US$3.34mSeed · Feb 2019
2LinkedIn · Jul 2026
Subscription
10 yr2016
0none in 3 months

Developer of AI and fibre optic sensing based security systems

Iot applications
US$1.35mSeries A · Aug 2023
29LinkedIn · Jul 2026
Subscription
9 yr2017
1postings · last posted Sep 2026

Developer of livestock health monitoring and tracking system for livestock farmers

Wearable technology
US$305kSeed · Nov 2023
23-61% vs previous recordLinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months · last posted Dec 2025

Developer of wearable robotic exoskeletons for lower-limb rehabilitation

Orthopedics
US$141kSeed · Nov 2021
14LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months · last posted Jul 2026

Heads up displays for automobiles

Connected vehicles
US$70kSeed · Aug 2014
9recorded
Subscription
12 yr2014
0none in 3 months

ECU and infotainment solutions for autonomous vehicles

Connected vehicles
—None recorded
324+3% 12 mo to Mar 2024LinkedIn · Oct 2026
Subscription
12 yr2014
0none in 3 months

Provider of product engineering services for businesses

Smart homes
—None recorded
81+26% vs previous recordLinkedIn · Jul 2026
Subscription / Fee-for-service
9 yr2017
0none in 3 months · last posted Jul 2026

IoT-based environmental monitoring solution

Internet of things infrastructure
—None recorded
45recorded
Subscription
13 yr2013
0none in 3 months

Electronic automated public toilets

Smart cities
—None recorded
81-65% 12 mo to Nov 2022LinkedIn · Jul 2026
Physical commerce
18 yr2008
0none in 3 months · last posted Apr 2026

Provider of cloud-based water metering and monitoring solutions

Smart cities
—None recorded
9-14% vs previous recordLinkedIn · Jul 2026
Subscription
10 yr2016
—No postings tracked

Develops smart metering and irrigation system

Smart cities
—None recorded
5LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Provider of integrated automated meter reading and advanced metering infrastructure

Smart grid
—None recorded
—Not available
Subscription / Fee-for-service
8 yr2018
0none in 3 months

Provider of AI-powered industrial utility performance optimization. This company offers a platform that uses digital twins and machine learning to monitor and optimize the performance of industrial utilities, including pumping systems, HVAC, and cooling towers. The platform derives key performance indicators from energy and temperature data, eliminating the need for extensive instrumentation. It provides predictive maintenance capabilities and facilitates integrated performance management across equipment, systems, and processes, leading to improved energy and water efficiency and extended ass

Digital twin
—None recorded
9LinkedIn · Jul 2026
Physical commerce / Subscription
26 yr2000
0none in 3 months

Provider of smart parking solutions

Iot services
—None recorded
11LinkedIn · Jul 2026
Commission on transaction / Subscription
8 yr2018
0none in 3 months

Online platform offering air monitoring devices

Smart homes
—None recorded
12LinkedIn · Jul 2026
Advertising / Commission on transaction
5 yr2021
0none in 3 months

Developer of smart touch switchboards

Smart homes
—None recorded
14LinkedIn · Jul 2026
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Developer of a low-code platform for industrial digital twin solutions

Ai infrastructure
—None recorded
—Not available
Subscription
7 yr2019
0none in 3 months

AI machine platform for self maintenance of automobile vehicles

Connected vehicles
—None recorded
—Not available
Subscription
12 yr2014
0none in 3 months

Wearable device for monitoring heart rate, stress, sleep quality and activity

Fitness & wellness tech
—None recorded
—Not available
Subscription
9 yr2017
0none in 3 months

Technology solutions proder for energy efficiency

Energy efficiency tech
—None recorded
—Not available
Physical commerce
9 yr2017
0none in 3 months

AI-powered solutions for diagnostics and prognostics of industrial systems and subsystems

Big data analytics
—None recorded
51LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months · last posted Jan 2026

Provider of ambulatory cardiac monitoring and remote patient monitoring solutions

Cardiac and vascular disorders
—None recorded
141LinkedIn · Oct 2026
Physical commerce
10 yr2016
0none in 3 months

Developer of a secure and customisable automation system for users

Smart homes
—None recorded
2LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months

Remote equipment monitoring and management platform

Smart homes
—None recorded
6LinkedIn · Jul 2026
Subscription
3 yr2023
—No postings tracked
50 of 50 companies shown here · the full list is on Radar
Fliar Radar

Explore all 50 internet of things - industry applications companies in Kerala on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open internet of things - industry applications in Kerala on Radar
  • Every company, not just 50All 50 internet of things - industry applications companies in Kerala, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore internet of things - industry applications companies in Kerala by what you are looking for

Find internet of things company in India listings based in Kerala, covering industrial IoT examples and internet of things applications in business. Browse smart home, smart city, energy and wearable IoT companies.

9 ways to explore internet of things - industry applications in Kerala

Smart home & home automation companiesIoT applications & industrial IoT solutionsSmart city & smart utility companiesEnergy efficiency & facility management IoTWearable & connected health devicesConnected vehicle & automotive IoT companies

Smart home & home automation companies

Smart switches, controllers and home security devices.

  1. Abseco

    Developer of smart touch switchboards

    Smart homes
    See in list
  2. Wirehat Private limited

    Developer of a secure and customisable automation system for users

    Smart homes
    See in list
  3. IZENSE

    Developer of automation and IoT devices for home, office, and industry

    Smart homes
    See in list
  4. Lanware Solutions

    Provider of product engineering services for businesses

    Smart homes
    See in list
  5. Rezonent

    Technology solutions proder for energy efficiency

    Energy efficiency tech
    See in list

IoT applications & industrial IoT solutions

IoT platforms, devices and services for industry and business.

  1. RIOD Logic

    Provider of IoT-enabled electric vehicle charging units

    Energy storage tech
    See in list
  2. ELVICTO

    Provider of smart parking solutions

    Iot services
    See in list
  3. Tranzmeo

    Developer of AI and fibre optic sensing based security systems

    Iot applications
    See in list
  4. Alcodex

    IoT-based environmental monitoring solution

    Internet of things infrastructure
    See in list
  5. Lanware Solutions

    Provider of product engineering services for businesses

    Smart homes
    See in list

Smart city & smart utility companies

Smart parking, metering, water monitoring and public infrastructure.

  1. Eram Scientific Solutions

    Electronic automated public toilets

    Smart cities
    See in list
  2. RIOD Logic

    Provider of IoT-enabled electric vehicle charging units

    Energy storage tech
    See in list
  3. ELVICTO

    Provider of smart parking solutions

    Iot services
    See in list
  4. Ronds

    Provider of cloud-based water metering and monitoring solutions

    Smart cities
    See in list
  5. Troncart Solutions

    Develops smart metering and irrigation system

    Smart cities
    See in list

Energy efficiency & facility management IoT

Energy monitoring and management software and devices.

  1. Ronds

    Provider of cloud-based water metering and monitoring solutions

    Smart cities
    See in list
  2. WattsAudit

    Energy management software for enterprises

    Energy efficiency tech
    See in list
  3. Greeniee

    Provider of SaaS-driven energy management and monitoring solution

    Energy efficiency tech
    See in list
  4. Elaenor

    Provider of controllers for smart homes

    Smart homes
    See in list
  5. DIGITAL UTILITIES

    Provider of AI-powered industrial utility performance optimization. This company offers a platform that uses digital twins and machine learning to monitor and optimize the performance of industrial utilities, including pumping systems, HVAC, and cooling towers. The platform derives key performance indicators from energy and temperature data, eliminating the need for extensive instrumentation. It provides predictive maintenance capabilities and facilitates integrated performance management across equipment, systems, and processes, leading to improved energy and water efficiency and extended ass

    Digital twin
    See in list

Wearable & connected health devices

Wearables and remote monitoring devices for health.

  1. WebCardio

    Provider of ambulatory cardiac monitoring and remote patient monitoring solutions

    Cardiac and vascular disorders
    See in list
  2. Astrek Innovations

    Developer of wearable robotic exoskeletons for lower-limb rehabilitation

    Orthopedics
    See in list
  3. Brainwired

    Developer of livestock health monitoring and tracking system for livestock farmers

    Wearable technology
    See in list
  4. Biocalculus

    Wearable device for monitoring heart rate, stress, sleep quality and activity

    Fitness & wellness tech
    See in list
  5. DoctorSpot Technologies

    Provider of AI-based solution for detecting chronic diseases from diagnostic data

    Healthcare it
    See in list

Connected vehicle & automotive IoT companies

Infotainment, vehicle intelligence and in-vehicle electronics.

  1. Acsia Technologies

    ECU and infotainment solutions for autonomous vehicles

    Connected vehicles
    See in list
  2. ELVICTO

    Provider of smart parking solutions

    Iot services
    See in list
  3. Predict Systems

    AI machine platform for self maintenance of automobile vehicles

    Connected vehicles
    See in list
  4. Exploride Technologies

    Heads up displays for automobiles

    Connected vehicles
    See in list
  5. Deep Thought Systems

    Hardware and software solutions in automotive electronics

    Connected vehicles
    See in list

Security & surveillance IoT companies

Cameras, smart doorbells and AI-based security systems.

  1. SyncCam

    Provider of cloud-connected IP cameras

    Security & surveillance technology
    See in list
  2. Smart Bells

    Provider of smart door bells

    Security & surveillance technology
    See in list
  3. International Virtual Assistance

    AI-powered solutions for diagnostics and prognostics of industrial systems and subsystems

    Big data analytics
    See in list
  4. Linkzai Solutions

    Provider of smart home suites and IoT service provider

    Security & surveillance technology
    See in list
4 companies in Kerala

IoT startups in Kerala

Recently founded internet of things companies in Kerala.

  1. Freshcraft

    Online platform offering air monitoring devices

    Smart homes
    See in list
  2. DOLC.ME

    Remote equipment monitoring and management platform

    Smart homes
    See in list
  3. Warm United

    IoT networks for agriculture

    Internet of things infrastructure
    See in list
3 companies in Kerala

IoT companies hiring in Kerala

Companies in this space with open roles right now.

  1. Eram Scientific Solutions

    Electronic automated public toilets

    Smart cities
    See in list
  2. RIOD Logic

    Provider of IoT-enabled electric vehicle charging units

    Energy storage tech
    See in list
  3. Tranzmeo

    Developer of AI and fibre optic sensing based security systems

    Iot applications
    See in list
  4. Astrek Innovations

    Developer of wearable robotic exoskeletons for lower-limb rehabilitation

    Orthopedics
    See in list
  5. Brainwired

    Developer of livestock health monitoring and tracking system for livestock farmers

    Wearable technology
    See in list
8 companies in Kerala
Mobile reach

Top 6 internet of things - industry applications apps from Kerala

The most-installed Android apps published by internet of things - industry applications companies headquartered in Kerala — 3K installs between them. 6 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 6
2

OneView STS

by Tranzmeo

Installs826
Rating—
Last updatedNov 2022
View on Google Play ↗
OneView STS screenshot 1OneView STS screenshot 2OneView STS screenshot 3OneView STS screenshot 4OneView STS screenshot 5OneView STS screenshot 6
3

Otohom Lite

by Otohom

Installs655
Rating—
Last updatedNov 2023
View on Google Play ↗
Otohom Lite screenshot 1Otohom Lite screenshot 2Otohom Lite screenshot 3Otohom Lite screenshot 4Otohom Lite screenshot 5Otohom Lite screenshot 6
4

PetCardio EasyHolter

by WebCardio

Installs88
Rating—
Last updatedMay 2026
View on Google Play ↗
PetCardio EasyHolter screenshot 1PetCardio EasyHolter screenshot 2PetCardio EasyHolter screenshot 3PetCardio EasyHolter screenshot 4PetCardio EasyHolter screenshot 5PetCardio EasyHolter screenshot 6
5

TOGO - Your Pet Our Care

by Brainwired

Installs30
Rating—
Last updatedOct 2025
View on Google Play ↗
TOGO - Your Pet Our Care screenshot 1TOGO - Your Pet Our Care screenshot 2TOGO - Your Pet Our Care screenshot 3TOGO - Your Pet Our Care screenshot 4
6

Abseco Connect

by Abseco

Installs7
Rating—
Last updatedMay 2026
View on Google Play ↗
Abseco Connect screenshot 1Abseco Connect screenshot 2Abseco Connect screenshot 3Abseco Connect screenshot 4Abseco Connect screenshot 5
The business behind the activity

Internet of things - industry applications financials in Kerala

Revenue, profit and growth from the filed annual accounts of 15 internet of things - industry applications companies in Kerala for FY24-25 — 25 of the 50 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 96% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹34.31 cr

15 companies filing accounts

combined net profit−₹13.12 cr

-38.2% aggregate margin

are profitable47%

7 of 15 companies

median revenue~₹23 lakh

the typical company

median revenue growth-5%

into FY24-25

earned by the top five96%

revenue concentration

Six-year view

Combined revenue of filing companies

₹32.44 crFY19-2012 filers
₹28.81 crFY20-2111 filers
₹46.20 crFY21-2217 filers
₹108.07 crFY22-2319 filers
₹117.17 crFY23-2416 filers
₹34.31 crFY24-2515 filers

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

Like-for-like

The same 12 companies over three years

+71%
FY22-23₹20.07 cr−₹3.72 cr net
FY23-24₹28.46 cr−₹3.67 cr net
FY24-25₹34.25 cr−₹13.05 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 cr1136% profitable
₹1–10 cr3100% profitable
₹10–100 cr10% 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

Shrinking7
0–20%1
20–50%0
50–100%2
Doubled+3

13 companies with accounts for both years; median growth -5%.

Profitability

Profit is concentrated at the top

7profitable
8loss-making
-38.2%aggregate margin
-38.3%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
WebCardioGADGEON MEDICAL SYSTEMS PRIVATE LIMITED+51%₹26.38 cr
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
WebCardioGADGEON MEDICAL SYSTEMS PRIVATE LIMITED₹26.38 cr−₹10.40 cr-39.4%+51%
RIOD LogicRIOD LOGIC PRIVATE LIMITED
ELVICTOElvicto Technologies Private Limited₹2.00 cr₹13.48 lakh6.7%-14%
NetrasemiNETRASEMI PRIVATE LIMITED₹1.66 cr₹1.87 lakh1.1%-5%
AbsecoABSECO INTERNATIONAL PRIVATE LIMITED₹59.42 lakh₹0.37 lakh0.6%+6%
International Virtual AssistanceINTERNATIONAL VIRTUAL ASSISTANCE PRIVATE LIMITED₹41.94 lakh−₹20.28 lakh-48.4%+70%
OtohomOTOHOM AUTOMATIONS PRIVATE LIMITED
AlcodexALCODEX TECHNOLOGIES PRIVATE LIMITED₹22.92 lakh−₹20.68 lakh-90.2%-65%
Astrek InnovationsASTREK INNOVATIONS PRIVATE LIMITED₹20.71 lakh−₹7.93 lakh-38.3%>10×
TranzmeoTRANZMEO IT SOLUTIONS PRIVATE LIMITED₹7.56 lakh−₹87.04 lakh-1151.2%-96%
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 Kerala 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 Kerala
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 Kerala 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 Kerala

6 internet of things - industry applications companies in Kerala have recorded equity funding, US$19.78m in total. Totals and round dates describe the historical record; they are not current valuations.

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

The most common specialisations among internet of things - industry applications companies in Kerala. 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 Kerala, India544 companiesCompany listEnterprise Applications Companies in Kerala, India406 companiesCompany listConsumer Companies in Kerala, India337 companiesCompany listHealthcare Companies in Kerala, India321 companiesCompany listIT Services Companies in Kerala, India297 companiesCompany listRetail Companies in Kerala, India285 companiesCompany listConsumer Goods Companies in Kerala, India230 companiesCompany listEdTech Companies in Kerala, India213 companies
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