Company lists
The Pune edition · 2026

Internet of things infrastructurecompanies in Pune

IoT platforms, IoT devices, asset tracking, industrial & energy, networking & security and more: the companies building internet of things infrastructure in Pune, Maharashtra, with their founders, funding, team size and business models.

48 company profiles19 with reported revenue3 with recorded fundingOctober 2026 edition
Pune · 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 Pune, by funding and team

Few internet of things infrastructure companies in Pune, Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 48 companies below lead on recorded funding and team size among 48 active companies.

Showing 25 of 48

Provider of space technology solutions enabling compact satellite missions

Internet of things infrastructure
US$10.00mSeries A · May 2020
50recorded
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Developer of inertial navigation systems and industrial internet of things

Sensors
US$1.85mSeries A · Aug 2020
183+25% 12 mo to Sep 2024LinkedIn · Jul 2026
Physical commerce
18 yr2008
4postings · last posted Sep 2026

Offers IoT and cloud based supply chain visibility solutions

Internet of things infrastructure
US$700kSeed · Dec 2022
39+3% 12 mo to Aug 2024LinkedIn · Jul 2026
Subscription
10 yr2016
1postings · last posted Sep 2026

Manufacturer of smart cards, RFID systems, and automotive HMI components

Internet of things infrastructure
—None recorded
125-5% 12 mo to Aug 2024LinkedIn · Oct 2026
E-commerce - product / Physical commerce
34 yr1992
0none in 3 months

Developer of cloud-based software solutions for retailers and other industries

Sales force automation
—None recorded
159-34% 12 mo to Sep 2024LinkedIn · Jul 2026
Subscription
13 yr2013
0none in 3 months

Provider of operations monitoring solutions for the retail businesse

In store retail tech
—None recorded
157+17% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
26 yr2000
0none in 3 months · last posted May 2026

Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

Telecom infrastructure tech
—None recorded
88+21% 12 mo to Jun 2024LinkedIn · Jul 2026
Licensing / Subscription
12 yr2014
0none in 3 months

Indio Networks builds next generation wireless networking and IOT products for consumers and enterprises worldwide.

Telecom infrastructure tech
—None recorded
79LinkedIn · Jul 2026
E-commerce - product / Physical commerce
21 yr2005
0none in 3 months

Wireless sensor developer for multiple applications

Internet of things infrastructure
—None recorded
20LinkedIn · Jul 2026
Subscription
22 yr2004
0none in 3 months

Developer of IoT based asset monitoring and tracking solutions

Iot applications
—None recorded
21-22% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
12 yr2014
0none in 3 months · last posted Jun 2026

Platform and device to prototype IoT & beacon smartphone apps

Internet of things infrastructure
—None recorded
10recorded
Subscription
11 yr2015
0none in 3 months

IoT hardware and software platform

Internet of things infrastructure
—None recorded
8-17% 12 mo to Aug 2024LinkedIn · Jul 2026
Fee-for-service
13 yr2013
0none in 3 months

Provider of middleware and data analytics platforms for IoT applications

Edge computing
—None recorded
3LinkedIn · Jul 2026
Subscription
7 yr2019
0none in 3 months

Provider of full-stack industrial IoT solutions for building and equipment management

Internet of things infrastructure
—None recorded
159LinkedIn · Jul 2026
Subscription
13 yr2013
1postings · last posted Aug 2026

Provider of diversified IoT devices

Internet of things infrastructure
—None recorded
5LinkedIn · Jul 2026
Subscription
8 yr2018
0none in 3 months

Provider of RFID tags and readers

Internet of things infrastructure
—None recorded
9LinkedIn · Jul 2026
Fee-for-service
33 yr1993
0none in 3 months

Provider of a cloud-based data platform for IoT applications

Internet of things infrastructure
—None recorded
21LinkedIn · Jul 2026
Subscription
13 yr2013
0none in 3 months

Provider of an IoT development platform

Internet of things infrastructure
—None recorded
2LinkedIn · Jul 2026
E-commerce - product / E-commerce - service
6 yr2020
0none in 3 months

Developer of industrial automation and IoT solutions for enterprises

Manufacturing tech
—None recorded
1LinkedIn · Jul 2026
Subscription
9 yr2017
0none in 3 months

Industrial asset management solutions and cloud-based platform for IOT Application

Internet of things infrastructure
—None recorded
—Not available
Commission on transaction / E-commerce - service
20 yr2006
0none in 3 months

Provider of real-time location systems for asset, worker, and pallet tracking

Internet of things infrastructure
—None recorded
7LinkedIn · Jul 2026
Subscription
35 yr1991
0none in 3 months

Provider of a platform offering IoT solutions

Internet of things infrastructure
—None recorded
1LinkedIn · Jul 2026
Subscription
8 yr2018
—No postings tracked

Low-code IoT platform

Internet of things infrastructure
—None recorded
4LinkedIn · Jul 2026
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Hardware & connected cloud solutions for IoT Applications

Internet of things infrastructure
—None recorded
—Not available
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

Provider of IoT, Industrial IoT, and data analytics solutions

Internet of things infrastructure
—None recorded
—Not available
Subscription
2 yr2024
—No postings tracked
48 of 48 companies shown here · the full list is on Radar
Fliar Radar

Explore all 48 internet of things infrastructure companies in Pune on Radar

This page shows the top 48. Radar has the complete, filterable list with contacts and live company signals.

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  • Every company, not just 50All 48 internet of things infrastructure companies in Pune, 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 infrastructure companies in Pune by what you are looking for

Browse internet of things infrastructure companies in Pune, including IoT platform and IoT device makers. You can also find IoT startups in Pune and see which companies are hiring.

8 ways to explore internet of things infrastructure in Pune

IoT platforms & softwareIoT devices, sensors & hardwareAsset monitoring & tracking solutionsIndustrial IoT, energy & manufacturingIoT connectivity, networking & securityRetail & store IoT solutions

IoT platforms & software

End-to-end IoT platforms, device management and data platforms.

  1. EcoAxis

    Industrial asset management solutions and cloud-based platform for IOT Application

    Internet of things infrastructure
    See in list
  2. Nexapp Technologies

    Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

    Telecom infrastructure tech
    See in list
  3. Thingsup

    Offers IoT and cloud based supply chain visibility solutions

    Internet of things infrastructure
    See in list
  4. Aginova

    Wireless sensor developer for multiple applications

    Internet of things infrastructure
    See in list
  5. Hiotron

    IoT hardware and software platform

    Internet of things infrastructure
    See in list

IoT devices, sensors & hardware

Connected devices, sensors, gateways, chips and communication modules.

  1. Aeron Systems

    Developer of inertial navigation systems and industrial internet of things

    Sensors
    See in list
  2. Nexapp Technologies

    Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

    Telecom infrastructure tech
    See in list
  3. Decintell

    Developer of IoT modules

    Internet of things infrastructure
    See in list
  4. RSON Agrotech Automation

    Agriculture automation systems

    Internet of things infrastructure
    See in list
  5. BrainyPi

    Provider of single board computer for IoT development.

    Internet of things infrastructure
    See in list

Asset monitoring & tracking solutions

Real-time location, RFID and equipment monitoring for industry and logistics.

  1. Infotek Software

    Provider of operations monitoring solutions for the retail businesse

    In store retail tech
    See in list
  2. Amwick

    Developer of industrial automation and IoT solutions for enterprises

    Manufacturing tech
    See in list
  3. VestaSpace Technology

    Provider of space technology solutions enabling compact satellite missions

    Internet of things infrastructure
    See in list
  4. KloudQ

    Developer of cloud-based software solutions for retailers and other industries

    Sales force automation
    See in list
  5. Ripples IoT

    Provider of real-time location systems for asset, worker, and pallet tracking

    Internet of things infrastructure
    See in list

Industrial IoT, energy & manufacturing

Industrial automation, energy monitoring and smart grid solutions.

  1. VerveTronics

    Developer of IoT based asset monitoring and tracking solutions

    Iot applications
    See in list
  2. Amwick

    Developer of industrial automation and IoT solutions for enterprises

    Manufacturing tech
    See in list
  3. Altruism Labs

    Developer of connected solutions for industrial applications

    Internet of things infrastructure
    See in list
  4. Energy Setu

    IoT device for monitoring electrical circuits

    Iot applications
    See in list
  5. Wifi-Soft Solutions

    Indio Networks builds next generation wireless networking and IOT products for consumers and enterprises worldwide.

    Telecom infrastructure tech
    See in list

IoT connectivity, networking & security

Wireless networking, 5G, edge computing and device security.

  1. Nexapp Technologies

    Platform delivers next-generation connectivity solutions spanning SD-WAN, Zero Trust Network Access, 4G and 5G IoT Gateways, and Enterprise WiFi for B2B, M2M, and IoT ecosystems

    Telecom infrastructure tech
    See in list
  2. Amynasec

    Provider of IoT-based device security solutions

    Cybersecurity
    See in list
  3. VestaSpace Technology

    Provider of space technology solutions enabling compact satellite missions

    Internet of things infrastructure
    See in list
  4. Wifi-Soft Solutions

    Indio Networks builds next generation wireless networking and IOT products for consumers and enterprises worldwide.

    Telecom infrastructure tech
    See in list
  5. ConnectedThinks

    Provider of middleware and data analytics platforms for IoT applications

    Edge computing
    See in list

Retail & store IoT solutions

IoT-based operations monitoring and software for retailers.

  1. Infotek Software

    Provider of operations monitoring solutions for the retail businesse

    In store retail tech
    See in list
  2. KloudQ

    Developer of cloud-based software solutions for retailers and other industries

    Sales force automation
    See in list
  3. CKTHub

    Retailer of electronic components, development boards, enclosures, and industrial electronics

    Internet of things infrastructure
    See in list

IoT infrastructure startups in Pune

Recently founded IoT infrastructure companies in Pune.

  1. DKAP

    Provider of IoT, Industrial IoT, and data analytics solutions

    Internet of things infrastructure
    See in list
  2. BrainyPi

    Provider of single board computer for IoT development.

    Internet of things infrastructure
    See in list
  3. Soaire

    Developer of inventory management systems

    Internet of things infrastructure
    See in list
  4. Golain

    IoT development platform

    Internet of things infrastructure
    See in list
  5. CKTHub

    Retailer of electronic components, development boards, enclosures, and industrial electronics

    Internet of things infrastructure
    See in list
8 companies in Pune

IoT infrastructure companies hiring in Pune

IoT infrastructure companies in Pune with open jobs right now.

  1. Infotek Software

    Provider of operations monitoring solutions for the retail businesse

    In store retail tech
    See in list
  2. Aeron Systems

    Developer of inertial navigation systems and industrial internet of things

    Sensors
    See in list
  3. Thingsup

    Offers IoT and cloud based supply chain visibility solutions

    Internet of things infrastructure
    See in list
  4. VerveTronics

    Developer of IoT based asset monitoring and tracking solutions

    Iot applications
    See in list
  5. Tor.ai

    Provider of full-stack industrial IoT solutions for building and equipment management

    Internet of things infrastructure
    See in list
8 companies in Pune
Mobile reach

Top 6 internet of things infrastructure apps from Pune

The most-installed Android apps published by internet of things infrastructure companies headquartered in Pune — 99K 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
1

iCelsius

by Aginova

Installs74K
Rating1.33187 ratings
Last updatedJun 2025
View on Google Play ↗
iCelsius screenshot 1iCelsius screenshot 2iCelsius screenshot 3iCelsius screenshot 4iCelsius screenshot 5iCelsius screenshot 6
2

Thingsup BLE Beacon Scanner an

by Thingsup

Installs23K
Rating3.5453 ratings
Last updatedOct 2025
View on Google Play ↗
Thingsup BLE Beacon Scanner an screenshot 1Thingsup BLE Beacon Scanner an screenshot 2Thingsup BLE Beacon Scanner an screenshot 3Thingsup BLE Beacon Scanner an screenshot 4Thingsup BLE Beacon Scanner an screenshot 5Thingsup BLE Beacon Scanner an screenshot 6
The business behind the activity

Internet of things infrastructure financials in Pune

Revenue, profit and growth from the filed annual accounts of 19 internet of things infrastructure companies in Pune, Maharashtra for FY24-25 — 22 of the 48 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 94% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹691.12 cr

19 companies filing accounts

combined net profit₹23.07 cr

3.3% aggregate margin

are profitable47%

9 of 19 companies

median revenue~₹64 lakh

the typical company

median revenue growth+6%

into FY24-25

earned by the top five94%

revenue concentration

Six-year view

Combined revenue of filing companies

₹324.50 crFY19-2016 filers
₹275.45 crFY20-2118 filers
₹411.92 crFY21-2220 filers
₹634.96 crFY22-2318 filers
₹618.90 crFY23-2418 filers
₹691.12 crFY24-2519 filers

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

Like-for-like

The same 16 companies over three years

+9%
FY22-23₹634.74 cr₹51.55 cr net
FY23-24₹618.73 cr₹29.39 cr net
FY24-25₹690.84 cr₹23.55 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 cr1030% profitable
₹1–10 cr367% profitable
₹10–100 cr475% profitable
₹100–1,000 cr250% profitable
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

Shrinking8
0–20%2
20–50%5
50–100%1
Doubled+1

17 companies with accounts for both years; median growth +6%.

Profitability

Profit is concentrated at the top

9profitable
10loss-making
3.3%aggregate margin
-9.5%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
Nexapp TechnologiesNEXAPP TECHNOLOGIES PRIVATE LIMITED+46%₹29.60 cr
Aeron SystemsAERON SYSTEMS PRIVATE LIMITED+42%₹71.68 cr
Infotek SoftwareINFOTEK SOFTWARE AND SYSTEMS PRIVATE LIMITED+29%₹298.59 cr
EcoAxisA.T.E. ENTERPRISES PRIVATE LIMITED.+6%₹155.25 cr
Tor.aiTOR.AI LIMITED-17%₹37.65 cr
M-Tech InnovationsM-TECH INNOVATIONS LIMITED-21%₹83.62 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Infotek SoftwareINFOTEK SOFTWARE AND SYSTEMS PRIVATE LIMITED15.6%₹298.59 cr
Aeron SystemsAERON SYSTEMS PRIVATE LIMITED10.0%₹71.68 cr
Nexapp TechnologiesNEXAPP TECHNOLOGIES PRIVATE LIMITED5.3%₹29.60 cr
M-Tech InnovationsM-TECH INNOVATIONS LIMITED0.2%₹83.62 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Internet of things infrastructure12₹290.10 cr~₹1.1 cr33%-10.8%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
Infotek SoftwareINFOTEK SOFTWARE AND SYSTEMS PRIVATE LIMITED₹298.59 cr₹46.62 cr15.6%+29%
EcoAxisA.T.E. ENTERPRISES PRIVATE LIMITED.₹155.25 cr−₹14.77 cr-9.5%+6%
M-Tech InnovationsM-TECH INNOVATIONS LIMITED₹83.62 cr₹20.33 lakh0.2%-21%
Aeron SystemsAERON SYSTEMS PRIVATE LIMITED₹71.68 cr₹7.14 cr10.0%+42%
Tor.aiTOR.AI LIMITED₹37.65 cr−₹13.94 cr-37.0%-17%
Nexapp TechnologiesNEXAPP TECHNOLOGIES PRIVATE LIMITED₹29.60 cr₹1.56 cr5.3%+46%
ThingsupIOBOT TECHNOLOGIES INDIA PRIVATE LIMITED₹6.46 cr−₹1.71 cr-26.4%+7%
AginovaAGINOVA TECHNOLOGIES PRIVATE LIMITED₹3.72 cr₹1.95 lakh0.5%+39%
HiotronHIOTRON INDIA PRIVATE LIMITED₹1.57 cr₹20.49 lakh13.1%+29%
VerveTronicsVERVETRONICS IMAGINEERING PRIVATE LIMITED₹63.66 lakh−₹75.84 lakh-119.1%-80%
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

AI Industry Landscape of Pune

The financials above are one chapter. The full internet of things infrastructure landscape of Pune 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 Pune
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 Pune 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.

Founders and momentum in Pune

Meet the people behind internet of things infrastructure companies in Pune. 30 of 48 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Pune internet of things infrastructure companies by sub-sector

The most common specialisations among internet of things infrastructure companies in Pune. 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