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The Bengaluru edition · 2026

Internet of things infrastructurecompanies in Bengaluru

IoT platforms, embedded & chips, connectivity, energy & buildings, industrial & logistics and more: the companies building internet of things infrastructure in Bengaluru, Karnataka, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
119 company profiles52 with reported revenue21 with recorded fundingOctober 2026 edition
Bengaluru · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent internet of things infrastructure business events in India

Funding, M&A, contract wins and launches involving 560 internet of things infrastructure companies in India, last 24 months: 5 funding rounds · 5 M&A deals · 3 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

FundingSeed

Ubiqedge

IoT startup Ubiqedge on Thursday raised ₹10 crore in a seed funding round led by Piper Serica, with participation from Atomberg co-founder and CEO Shibam Das and OTO co-founder and CEO…

Investors Piper Serica, Shibam Das, Sumit Chhazed
IoT
FundingPre-Series A

Velmenni

Velmenni secured about $3.3 million in a pre-Series A round led by pi Ventures.

Investors Pi ventures
DeepTech
M&AMerger · Announced

Supernet Technologies acquires Supernet

Supernet Limited has been merged with and into Supernet Technologies Limited (STL) pursuant to a Scheme of Arrangement sanctioned by the High Court of Sindh

Telecommunications
M&AAcquisition · Announced

Telecard acquires Supernet Technologies

STL was acquired by Telecard Limited, and it also became the majority shareholder of Supernet Limited.

Telecommunications
FundingSeed

Sensesemi Technologies Private Limited

Sensesemi Technologies Private Limited, a DLI-approved fabless semiconductor startup, has raised INR 25 crore (approximately USD 2.75 million) in a seed funding round led by Piper Serica.

Investors Piper Serica, LetsVenture Angel Fund, Sun Icon Ventures, MyAsiaVC
Semiconductors
ContractTechnology

Trident Techlabs · client: Stesalit systems

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

Government
LaunchApplication-focused Edge AI systems

Advantech

Advantech, a developer of edge computing technology, introduced a new lineup of application-focused Edge AI systems powered by NVIDIA Jetson Thor modules.

Edge AI System
ContractSupply

Cwd Limited · client: Na

CWD Limited secured a Rs. 76 crore purchase order from a domestic financial services company to supply UPI sound boxes

Digital payments
LaunchGenAI Studio

Advantech

Advantech announces a new software offering – GenAI Studio for the Advantech Edge AI SDK, addressing the growing demand for cost‑effective, on‑premises large language model (LLM) solutions.

Software - AI Platform
M&AAcquisition · Completed

Bolt acquires Viggo

Bolt, the Estonian mobility start-up with operations in Ireland, has acquired Denmark’s Viggo for an undisclosed sum.

Ride-hailing
FundingSeries B

75f

AI Startup 75F Raises $45Mn Funding In Series B Round.

AI Startup
Funding

Bolt

In the Baltics, Estonia continues to dominate, with over $310 million raised in H1 2024 – $237 million of which came from Bolt’s last funding.

Internet of things infrastructure companies in Bengaluru, by revenue

Browse internet of things infrastructure companies in Bengaluru by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 52 internet of things infrastructure companies in Bengaluru, Karnataka 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 50

Network equipment, automation, and embedded computing solutions provider

Embedded systems
₹88.40 crFY 2024-25
+1%2024–2025
36-2% 12 mo to Mar 2023LinkedIn · Jul 2026
43 yr1983
1postings · last posted Aug 2026

Provider of IoT-based building energy management systems

Energy efficiency tech
₹59.15 crFY 2023-24
+13%2023–2024
112+67% vs previous recordLinkedIn · Jul 2026
14 yr2012
0none in 3 months

AI-enabled IoT platform for infrastructure monitoring and management

Internet of things infrastructure
₹55.80 crFY 2024-25
+4%2024–2025
202-4% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Dec 2025

Wireless technology for IoT applications

Internet of things infrastructure
₹28.87 crFY 2024-25
+17%2024–2025
69-2% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Provider of end-to-end solutions for electronic surveillance and asset productivity

Internet of things infrastructure
₹21.80 crFY 2022-23
-7%2022–2023
137-8% 12 mo to Mar 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Oct 2025

Cloud based infrastructure and IoT solutions

Internet of things infrastructure
₹17.34 crFY 2024-25
+79%2024–2025
144+33% 12 mo to Mar 2022LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Provider of IoT-based energy efficiency and asset monitoring solutions for commercial spaces

Internet of things infrastructure
₹10.97 crFY 2024-25
+120%2024–2025
58+70% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Provider of IoT consulting and implementation services

Iot applications
₹9.94 crFY 2024-25
+76%2024–2025
112LinkedIn · Jul 2026
13 yr2013
1postings · last posted Aug 2026

Platform for building M2M and IoT applications

Internet of things infrastructure
₹5.54 crFY 2024-25
+13%2024–2025
66+4% 12 mo to Jun 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

IoT solutions for enterprises

Internet of things infrastructure
₹5.50 crFY 2024-25
+77%2024–2025
71+16% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of cybersecurity, encryption, data protection, and industrial communication solutions

Cybersecurity
₹5.47 crFY 2024-25
+445%2024–2025
51LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of IoT cloud platform and devices

Internet of things infrastructure
₹4.60 crFY 2024-25
+25%2024–2025
42+54% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Connectivity hardware for IoT and M2M applications

Internet of things infrastructure
₹3.27 crFY 2022-23
-34%2022–2023
4-18% 12 mo to Aug 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provides wireless telecom solutions and white label financial platforms for mobile banking & payments.

Internet of things infrastructure
₹3.16 crFY 2024-25
+30%2024–2025
19LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of LoRaWAN and NB-IoT based solutions

Internet of things infrastructure
₹2.98 crFY 2024-25
+79%2024–2025
7LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Middleware Stack for IoT

Internet of things infrastructure
₹2.96 crFY 2024-25
-20%2024–2025
41LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Cloud based big data and text mining analytics platform

Internet of things infrastructure
₹2.58 crFY 2024-25
+20%2024–2025
9-35% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of IoT development boards and kits

Diversified semiconductors
₹2.57 crFY 2024-25
+2%2024–2025
19LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of end-to-end RFID and IoT solutions and services

Iot applications
₹2.45 crFY 2024-25
+28%2024–2025
27LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Jul 2026

IoT test automation platform

Internet of things infrastructure
₹2.19 crFY 2024-25
+108%2024–2025
17LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of IoT platform for automation and equipment monitoring

Manufacturing tech
₹2.08 crFY 2024-25
-27%2024–2025
40-18% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Developer of controllers to manage and operate edge and fog computing

Open source
₹1.96 crFY 2024-25
+74%2024–2025
6LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of diversified IoT components

Internet of things infrastructure
₹1.79 crFY 2024-25
-17%2024–2025
17-7% 12 mo to Mar 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of RFID-based IoT solutions and hardware

Internet of things infrastructure
₹1.73 crFY 2024-25
-69%2024–2025
25-14% 12 mo to May 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

IoT-based switches for signage monitoring

Internet of things infrastructure
₹1.72 crFY 2024-25
+172%2024–2025
11LinkedIn · Jul 2026
4 yr2022
0none in 3 months
50 of 119 companies shown here · the full list is on Radar
Fliar Radar

Explore all 119 internet of things infrastructure companies in Bengaluru on Radar

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

Open internet of things infrastructure in Bengaluru on Radar
  • Every company, not just 50All 119 internet of things infrastructure companies in Bengaluru, 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 infrastructure companies in Bengaluru by what you are looking for

Discover internet of things infrastructure companies in Bengaluru, from IoT platform providers to device and chip makers. Browse IoT startups in Bengaluru or IoT infrastructure companies that are hiring.

7 ways to explore internet of things infrastructure in Bengaluru

IoT platforms & application providersEmbedded systems, IoT chips & devicesIoT connectivity & edge computingSmart building & energy IoT companiesIndustrial IoT, manufacturing & logistics techInternet of things infrastructure startups in Bengaluru

IoT platforms & application providers

End-to-end IoT platforms, device management and cloud analytics for connected products.

  1. 75F

    Provider of IoT-based building energy management systems

    Energy efficiency tech
    See in list
  2. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list
  3. Cattleya

    Provider of end-to-end solutions for electronic surveillance and asset productivity

    Internet of things infrastructure
    See in list
  4. Saturam

    Cloud based infrastructure and IoT solutions

    Internet of things infrastructure
    See in list
  5. UniConverge Technologies

    Provider of IoT consulting and implementation services

    Iot applications
    See in list
74 companies in BengaluruAll 150 iot applications companies in Bengaluru →

Embedded systems, IoT chips & devices

Embedded hardware, SoCs, sensors, modules and development boards for IoT products.

  1. Advantech

    Network equipment, automation, and embedded computing solutions provider

    Embedded systems
    See in list
  2. Melange Systems

    Wireless technology for IoT applications

    Internet of things infrastructure
    See in list
  3. Sensesemi

    Platform offering ultra‑low‑power AIoT SoCs that integrate microcontrollers, wireless connectivity, AI accelerators, and security for smart‑home

    Embedded systems
    See in list
  4. SASNEE Technologies

    Prototyping & development platform to enable IoT connectivity

    Internet of things infrastructure
    See in list
  5. Cascademic

    Connectivity & monitoring solutions for IoT applications

    Internet of things infrastructure
    See in list
32 companies in BengaluruAll 83 embedded systems companies in India →

IoT connectivity & edge computing

Wireless connectivity, gateways, networking and edge computing for IoT deployments.

  1. RelySys

    Connectivity hardware for IoT and M2M applications

    Internet of things infrastructure
    See in list
  2. Supernet Technologies

    Provides wireless telecom solutions and white label financial platforms for mobile banking & payments.

    Internet of things infrastructure
    See in list
  3. Qwatt Technologies

    IoT-based switches for signage monitoring

    Internet of things infrastructure
    See in list
  4. Comminent

    Developer of device-agnostic IoT communication networks for smart infrastructure applications

    Internet of things infrastructure
    See in list
  5. Digant Technologies

    RFID & OEM products for IoT & telecom automation solutions

    Internet of things infrastructure
    See in list
29 companies in BengaluruAll 56 enterprise networking companies in India →

Smart building & energy IoT companies

IoT for building energy management, facility management and smart grids.

  1. 75F

    Provider of IoT-based building energy management systems

    Energy efficiency tech
    See in list
  2. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list
  3. Agileconnects

    Provider of IoT-based energy efficiency and asset monitoring solutions for commercial spaces

    Internet of things infrastructure
    See in list
  4. Dataglen

    Provider of archived, current, and forecasted solar irradiance and PV power data

    Internet of things infrastructure
    Website
  5. EnerMark

    Provider of IoT powered solutions for energy project financing and management

    Energy efficiency tech
    Website
9 companies in BengaluruAll 104 energy efficiency tech companies in Bengaluru →

Industrial IoT, manufacturing & logistics tech

IoT for factories, machine monitoring, fleet tracking and digital twins.

  1. Factana

    Provider of IoT platform for automation and equipment monitoring

    Manufacturing tech
    See in list
  2. Bert Labs

    Provider of AI-IoT solutions for energy efficiency optimization

    Manufacturing tech
    See in list
  3. DyoCense

    Provider of IoT platform and devices

    Internet of things infrastructure
    See in list
  4. Machstatz

    Provider of IoT-based analytics platform for machine condition monitoring

    Manufacturing tech
    See in list
  5. Traxroot

    Provider of fleet and field service management software

    Logistics tech
    Website
13 companies in BengaluruAll 149 manufacturing tech companies in Bengaluru →

Internet of things infrastructure startups in Bengaluru

Newer IoT infrastructure companies founded in recent years.

  1. Qwatt Technologies

    IoT-based switches for signage monitoring

    Internet of things infrastructure
    See in list
  2. Redinent

    Provider of IoT security intelligence and vulnerability management solutions

    Cybersecurity
    See in list
  3. ZongoVita

    Provider of IoT-driven technology for space operations and management

    Internet of things infrastructure
    See in list
  4. Kandola

    Provider of a blockchain and cloud-based IoT development platform

    Internet of things infrastructure
    Website
  5. Edgehax

    Provider of hardware and software for edge AI inferencing applications

    Internet of things infrastructure
    Website
17 companies in Bengaluru

Internet of things infrastructure companies hiring in Bengaluru

IoT infrastructure employers with open roles.

  1. Advantech

    Network equipment, automation, and embedded computing solutions provider

    Embedded systems
    See in list
  2. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list
  3. Cattleya

    Provider of end-to-end solutions for electronic surveillance and asset productivity

    Internet of things infrastructure
    See in list
  4. Saturam

    Cloud based infrastructure and IoT solutions

    Internet of things infrastructure
    See in list
  5. Agileconnects

    Provider of IoT-based energy efficiency and asset monitoring solutions for commercial spaces

    Internet of things infrastructure
    See in list
13 companies in Bengaluru
Mobile reach

Top 10 internet of things infrastructure apps from Bengaluru

The most-installed Android apps published by internet of things infrastructure companies headquartered in Bengaluru — 19K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Ocelli Smart Bell

by Ocelli

Installs7K
Rating—
Last updatedJul 2025
Legal entityOCELLI SYSTEMS PRIVATE LIMITEDdeclared on Google Play
View on Google Play ↗
Ocelli Smart Bell screenshot 1Ocelli Smart Bell screenshot 2Ocelli Smart Bell screenshot 3Ocelli Smart Bell screenshot 4Ocelli Smart Bell screenshot 5
2

Advantech UID Manager

by Advantech

Installs7K
Rating—
Last updatedDec 2023
Legal entityADVANTECH INDUSTRIAL COMPUTING INDIA PRIVATE LIMITEDCIN U51109KA2012PTC064907
View on Google Play ↗
Advantech UID Manager screenshot 1Advantech UID Manager screenshot 2Advantech UID Manager screenshot 3Advantech UID Manager screenshot 4Advantech UID Manager screenshot 5
5

Facilisight

by 75F

Installs1K
Rating4.3315 ratings
Last updatedMay 2026
Legal entity75F SMART INNOVATIONS INDIA PRIVATE LIMITEDCIN U93000KA2015FTC082593
View on Google Play ↗
Facilisight screenshot 1Facilisight screenshot 2Facilisight screenshot 3Facilisight screenshot 4Facilisight screenshot 5Facilisight screenshot 6
9

Fogwing CMMS

by Factana

Installs205
Rating—
Last updatedMay 2026
Legal entityFACTANA COMPUTING PRIVATE LIMITEDCIN U72900TN2017PTC119804
View on Google Play ↗
Fogwing CMMS screenshot 1Fogwing CMMS screenshot 2Fogwing CMMS screenshot 3Fogwing CMMS screenshot 4Fogwing CMMS screenshot 5Fogwing CMMS screenshot 6
10

Castaway Consumer

by Quarkifi

Installs46
Rating—
Last updatedMay 2026
Legal entityQUARKIFI TECHNOLOGIES PRIVATE LIMITEDCIN U52100KA2016PTC097611
View on Google Play ↗
Castaway Consumer screenshot 1Castaway Consumer screenshot 2Castaway Consumer screenshot 3Castaway Consumer screenshot 4Castaway Consumer screenshot 5
The business behind the activity

Internet of things infrastructure financials in Bengaluru

Revenue, profit and growth from the filed annual accounts of 41 internet of things infrastructure companies in Bengaluru, Karnataka for FY24-25 — 61 of the 119 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 75% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹256.77 cr

41 companies filing accounts

combined net profit−₹55.12 cr

-21.5% aggregate margin

are profitable46%

19 of 41 companies

median revenue~₹1.7 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five75%

revenue concentration

Six-year view

Combined revenue of filing companies

₹224.40 crFY19-2049 filers
₹187.49 crFY20-2150 filers
₹251.03 crFY21-2250 filers
₹292.99 crFY22-2348 filers
₹272.53 crFY23-2445 filers
₹256.77 crFY24-2541 filers

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

Like-for-like

The same 36 companies over three years

+22%
FY22-23₹208.19 cr−₹16.10 cr net
FY23-24₹210.96 cr−₹36.63 cr net
FY24-25₹253.62 cr−₹47.08 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 cr1729% profitable
₹1–10 cr1947% 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

Shrinking14
0–20%6
20–50%6
50–100%5
Doubled+8

39 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

19profitable
22loss-making
-21.5%aggregate margin
-17.9%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
AgileconnectsAGILE CONNECTS PRIVATE LIMITED+120%₹10.97 cr
SaturamSATURAM INFOSYSTEMS PRIVATE LIMITED+79%₹17.34 cr
AdvantechADVANTECH INDUSTRIAL COMPUTING INDIA PRIVATE LIMITED+24%₹78.75 cr
Melange SystemsMELANGE SYSTEMS PRIVATE LIMITED+17%₹28.87 cr
Sixth Energy TechnologiesSIXTH ENERGY TECHNOLOGIES PRIVATE LIMITED+4%₹55.80 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AgileconnectsAGILE CONNECTS PRIVATE LIMITED3.2%₹10.97 cr
AdvantechADVANTECH INDUSTRIAL COMPUTING INDIA PRIVATE LIMITED3.0%₹78.75 cr
Melange SystemsMELANGE SYSTEMS PRIVATE LIMITED0.8%₹28.87 cr
Sixth Energy TechnologiesSIXTH ENERGY TECHNOLOGIES PRIVATE LIMITED0.6%₹55.80 cr
SaturamSATURAM INFOSYSTEMS PRIVATE LIMITED0.6%₹17.34 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Internet of things infrastructure27₹152.13 cr~₹1.7 cr44%-16.8%
Leaders

Largest internet of things infrastructure companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AdvantechADVANTECH INDUSTRIAL COMPUTING INDIA PRIVATE LIMITED₹78.75 cr₹2.39 cr3.0%+24%
Sixth Energy TechnologiesSIXTH ENERGY TECHNOLOGIES PRIVATE LIMITED₹55.80 cr₹34.49 lakh0.6%+4%
Melange SystemsMELANGE SYSTEMS PRIVATE LIMITED₹28.87 cr₹23.08 lakh0.8%+17%
SaturamSATURAM INFOSYSTEMS PRIVATE LIMITED₹17.34 cr₹9.76 lakh0.6%+79%
AgileconnectsAGILE CONNECTS PRIVATE LIMITED₹10.97 cr₹35.55 lakh3.2%+120%
UniConverge TechnologiesUNICONVERGE TECHNOLOGIES PRIVATE LIMITED₹9.94 cr₹47.05 lakh4.7%+76%
VyutiVYUTI SYSTEMS PRIVATE LIMITED₹6.35 cr−₹14.00 cr-220.6%+105%
VuelogixVUELOGIX TECHNOLOGIES PRIVATE LIMITED₹5.54 cr₹1.71 lakh0.3%+13%
Wimate Technology SolutionsWIMATE TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹4.60 cr₹10.17 lakh2.2%+25%
Supernet TechnologiesSUPERNET TECHNOLOGIES INDIA PRIVATE LIMITED₹3.16 cr₹2.24 lakh0.7%+30%
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

Accounting and Tax Software Industry Landscape of Bengaluru

The financials above are one chapter. The full internet of things infrastructure landscape of Bengaluru 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 infrastructure landscape of Bengaluru
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 infrastructure funding and M&A across India

144 recorded equity rounds have gone to 560 internet of things infrastructure companies in India — how much, at which stage, into which sub-sectors, from whom, and how Bengaluru compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months5

US$7.73m

equity rounds, last 24 months13

US$68.46m

raised over five yearsUS$101.25m

55 rounds in India

M&A deals, India5

last 24 months

Capital by year

Equity funding into internet of things infrastructure in India

amount rounds
$771k20187
$30m201910
$20m202019
$17m202113
$3.9m202214
$5.7m20237
$5.8m20248
$61m20259
$7.7m20264

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$60.74m across 9 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$1.78m5 rounds · median US$241k
SeedUS$27.07m42 rounds · median US$289k
Series AUS$27.40m7 rounds · median US$4.10m
Series BUS$45.00m1 rounds · median US$45.00m
Where the money went · five years

Most-funded sub-sectors

Energy efficiency techUS$55.45m5 rounds · 1 companies
CybersecurityUS$20.67m11 rounds · 2 companies
Internet of things infrastructureUS$10.74m22 rounds · 17 companies
Iot applicationsUS$4.11m2 rounds · 2 companies
Telecom infrastructure techUS$3.67m4 rounds · 1 companies
Embedded systemsUS$2.70m1 rounds · 1 companies
Water and wastewater management techUS$1.98m4 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

4Acquisition
1Merger

Most active acquirers

  1. Advantech2
  2. Supernet Technologies1
  3. Telecard1
  4. Bolt1

Most acquired or merged

  1. Supernet1
  2. Supernet Technologies1
  3. Viggo1
  4. Aures technologies1
  5. AURES Group1

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

Go deeper in the internet of things infrastructure landscape reports:

Accounting and Tax Software Industry Landscape of Bengaluru AdTech Industry Landscape of Bengaluru AI Industry Landscape of Bengaluru

Internet of things infrastructure funding in Bengaluru

21 internet of things infrastructure companies in Bengaluru have recorded equity funding, US$121.12m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Bengaluru

Meet the people behind internet of things infrastructure companies in Bengaluru. 86 of 119 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Bengaluru internet of things infrastructure companies by sub-sector

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

Keep exploring internet of things infrastructure in India and nearby markets.

Coming soon