Company lists
The India edition · 2026

IoT Applicationscompanies in India

Industrial IoT, smart cities, buildings & energy, logistics, agriculture and more: the companies building iot applications in India, with their founders, funding, team size and business models.

484 company profiles263 with reported revenue98 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent iot applications business events in India

Funding, M&A, contract wins and launches involving 678 iot applications companies in India, last 24 months: 14 funding rounds · 6 Contracts · 5 M&A deals · 1 Launch. 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
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
FundingSeries A

Datoms

DATOMS, an industrial IoT platform serving enterprises and original equipment manufacturers (OEMs), has raised Rs 25 crore in a series A round led by Vietnam-based Big Capital JSC, as…

Investors Big Capital JSC, Ivycap ventures, YourNest Venture Capital
Industrial IoT, energy technology, enterprise software
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
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
M&AAcquisition · Completed

Mapmyindia acquires Gtropy

C.E. Info Systems Limited (MapmyIndia) has completed the acquisition of an additional stake in Gtropy Systems Pvt. Ltd., strengthening its control over the telematics and IoT solutions…

Telematics and IoT solutions
M&AAcquisition · Completed

C.E. Info Systems Limited acquires Gtropy

C.E. Info Systems Limited, known as MapmyIndia, has completed the acquisition of additional shares in Gtropy Systems Private Limited to strengthen its control in the telematics and IoT…

Telematics and IoT solutions
ContractSupply

Aimtron · client: Vanix Technologies

Aimtron Electronics Limited, one of India’s fastest-growing Electronics System Design and Manufacturing (ESDM) companies, has received an order of 50,000 Industrial Internet of Things…

Electronics Manufacturing
M&AAcquisition · Announced

C.E. Info Systems Limited acquires Gtropy Systems

The company’s board has decided to invest around Rs 25 crores to buy 43,759 equity shares of its subsidiary, Gtropy Systems, at Rs 5,713 per share.

FundingSeed

Kontext

Czech-founded Kontext, an AI-powered contextual advertising platform, has officially come out of stealth mode with a $10 (€8.61) million seed round, positioning itself as strong player…

Investors M13, Torch capital, Credo ventures, Parable VC
AI-powered contextual advertising, chatbot advertising
Funding

Eeki

Agritech firm Eeki has raised $7 million from Sixth Sense Ventures. The funds will be used for nationwide scale-up with aeroponic innovation to rapidly expand farm operations across…

Agritech
M&AAcquisition · Announced

Dehaat acquires Neerx

DeHaat confirmed its acquisition of NEERX, gaining access to ISRO-validated SHOOL sensor technology and cloud-based analytics.

FundingSeries A

Intellicar

Bengaluru-based mobility tech company Fabric and its subsidiary Intellicar have reportedly secured $13.5 million in Series A funding, with the investment round led by Nuveen’s Private…

Investors Nuveen
Mobility Tech
ContractService

Stellapps · client: Various private label dairy clients

Stellapps manufactures dairy products such as milk, curd, ghee, paneer, buttermilk, among others, for around 100 companies such as Zepto, Unilever, ITC, Varun Beverages, HUL, Namdharis…

Private label dairy product manufacturing
ContractTechnology

Vega innovations · client: Coca-Cola Beverages Sri Lanka

Developed by Vega Innovations, this cutting‑edge E‑Tuk was officially handed over by CEA Chairman Prof. Tilak Hewawasam to the Wadduwa Material Recovery Facility (MRF), established by CCBSL.

Waste Management
M&AAcquisition · Announced

Innoterra acquires Fasal

Homegrown agritech platform Fasal’s fresh food distribution business has been acquired by Swiss-Indian agritech platform Innoterra for an undisclosed amount.

Agritech
Funding

Probus

Enterprise AI startup Singulr AI led the segment with a USD 10 million seed round, followed by IoT and data analytics startup Probus.

FundingSeries B

75f

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

AI Startup
ContractSupply

Vanix Technologies · client: Aimtron Electronics

Aimtron Electronics announced that it has entered into a manufacturing agreement with Vanix Technologies for the development of industrial internet of things (IIoT) and AI appliances.

Funding

Vacus

Through this program, AIC-BIMTECH has supported eight startups, five of which have successfully secured ₹2 crores in funding from MeitY. The funded 5 startups are Cunomial, Credit…

Investors Ministry of Electronics and Information Technology (MeitY)
FundingSeries C

Stellapps Technologies

Stellapps, previously, raised around $20 Mn in its Series C funding round, where about 70% of the capital was raised from its existing investors, in January

Dairy Tech

IoT Applications companies in India, by revenue

Browse iot applications companies in India 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 263 iot applications companies in India 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

Provider of smart metering products for the electricity and gas industries

Facility management tech
₹2,819.82 crFY 2024-25
+14%2024–2025
3,926LinkedIn · Jul 2026
39 yr1987
9postings · last posted Sep 2026

Provider of payment solutions, communication services, and IoT-enabled RFID technologies

Payments
₹1,473.62 crFY 2024-25
Not reported
397-25% 12 mo to Nov 2018LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Provider of GPS IoT enabled tracking solutions

Wearable technology
₹515.69 crFY 2024-25
+23%2024–2025
1,092+14% 12 mo to Sep 2024recorded Sep 2024
31 yr1995
0none in 3 months

Dairy tech company digitizing and optimizing milk production, procurement, and cold chain

Wearable technology
₹208.78 crFY 2024-25
Not reported
477-26% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Provider of asset tracking and visibility solutions for supply chains

Scm software
₹110.26 crFY 2024-25
-9%2024–2025
309-9% 12 mo to Aug 2024LinkedIn · Jul 2026
31 yr1995
1postings · last posted Aug 2026

Provider of cloud-based data loggers for IoT applications

Iot applications
₹97.84 crFY 2024-25
+7%2024–2025
324LinkedIn · Jul 2026
43 yr1983
0none in 3 months · last posted May 2026

Manufacturer of tamper-evident security seals, including electronic and plastic options

Scm software
₹83.54 crFY 2024-25
-2%2024–2025
82+15% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Provider of an AI platform for fleet and transportation management

Road transport tech
₹79.71 crFY 2024-25
+33%2024–2025
612+19% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Provider of AI-powered solutions for predictive fleet maintenance and management

Road transport tech
₹75.11 crFY 2024-25
+20%2024–2025
373+67% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Aug 2026

Provider of IoT solutions for smart building and workspace management

Property management tech
₹65.80 crFY 2021-22
Not reported
18+12% 12 mo to Jan 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of AI-powered energy efficiency solutions for commercial buildings

Iot applications
₹69.14 crFY 2024-25
+40%2024–2025
250+22% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of IT service suite solutions

Iot applications
₹63.60 crFY 2024-25
+41%2024–2025
61LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Tech-driven sustainable farming company building large-scale polyhouse farms with IoT automation

Crop tech
₹61.29 crFY 2024-25
+122%2024–2025
275+112% 12 mo to Aug 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

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

Platform offering AI-powered IoT solutions for industrial asset management

Iot applications
₹59.15 crFY 2024-25
+34%2024–2025
390+6% 12 mo to Sep 2022LinkedIn · Jul 2026
14 yr2012
13postings · last posted Sep 2026

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

Developer of IoT and AI-based vehicle trackers

Geographic information systems
₹55.27 crFY 2024-25
+5%2024–2025
167LinkedIn · Jul 2026
32 yr1994
3postings · last posted Aug 2026

Provider of facility and environment management products

Property management tech
₹54.72 crFY 2024-25
-8%2024–2025
261+14% 12 mo to Aug 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Tech-enabled platform offering public transit & traffic management solutions

Iot applications
₹53.42 crFY 2024-25
+58%2024–2025
—Not available
35 yr1991
0none in 3 months

Provider of workplace safety and industrial operations monitoring through AI

Iot applications
₹50.98 crFY 2024-25
Not reported
538+1% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of testing and data management platforms for automotive dealers

Iot applications
₹43.18 crFY 2024-25
+15%2024–2025
198-4% 12 mo to Jul 2024LinkedIn · Jul 2026
27 yr1999
0none in 3 months · last posted May 2026

Provider of IoT-based machine condition monitoring solutions

Manufacturing tech
₹38.78 crFY 2023-24
+41%2023–2024
112-1% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of an energy monitoring systems

Energy efficiency tech
₹39.25 crFY 2024-25
+17%2024–2025
142-15% 12 mo to Aug 2024LinkedIn · Jul 2026
20 yr2006
1postings · last posted Jul 2026

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 IoT based supply chain management solutions

Internet of things infrastructure
₹37.69 crFY 2024-25
+107%2024–2025
82LinkedIn · Jul 2026
12 yr2014
0none in 3 months
50 of 484 companies shown here · the full list is on Radar
Fliar Radar

Explore all 484 iot applications companies in India on Radar

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

Open iot applications in India on Radar
  • Every company, not just 50All 484 iot applications companies in India, 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.
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Explore IoT applications companies in India by what you are looking for

Browse IoT applications companies in India, from industrial IoT and smart building solutions to fleet tracking and agriculture IoT. You can also see IoT app development companies that are startups or hiring.

9 ways to explore iot applications in India

Industrial IoT & manufacturing companiesSmart city & IoT infrastructure companiesSmart building & energy management IoT companiesFleet tracking & logistics IoT companiesAgriculture IoT & smart farming companiesHealthcare & wearable IoT companies

Industrial IoT & manufacturing companies

Machine monitoring, asset tracking and Industry 4.0 solutions.

  1. Delmon Solutions

    Provider of IT service suite solutions

    Iot applications
    See in list
  2. Detect

    Provider of workplace safety and industrial operations monitoring through AI

    Iot applications
    See in list
  3. SPM

    Provider of IoT-based machine condition monitoring solutions

    Manufacturing tech
    See in list
  4. GND Solutions

    Provider of end-to-end engineering and IT services for IoT solutions

    Iot applications
    See in list
  5. Melvault

    IoT platform providing solutions to various industries

    Smart cities
    See in list

Smart city & IoT infrastructure companies

IoT platforms, smart cities, sensors and water management.

  1. Appalto

    Provider of cloud-based data loggers for IoT applications

    Iot applications
    See in list
  2. 75F

    Provider of IoT-based building energy management systems

    Energy efficiency tech
    See in list
  3. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list
  4. Atlanta Systems

    Developer of IoT and AI-based vehicle trackers

    Geographic information systems
    See in list
  5. Hkapl

    IoT solutions for enterprise

    Internet of things infrastructure
    See in list

Smart building & energy management IoT companies

Building automation, energy monitoring and smart grid solutions.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Aastro Tech

    Provider of IoT solutions for smart building and workspace management

    Property management tech
    See in list
  3. Smart Joules

    Provider of AI-powered energy efficiency solutions for commercial buildings

    Iot applications
    See in list
  4. 75F

    Provider of IoT-based building energy management systems

    Energy efficiency tech
    See in list
  5. Sixth Energy Technologies

    AI-enabled IoT platform for infrastructure monitoring and management

    Internet of things infrastructure
    See in list

Fleet tracking & logistics IoT companies

GPS tracking, fleet management and supply chain visibility.

  1. Mappls Gadgets

    Provider of GPS IoT enabled tracking solutions

    Wearable technology
    See in list
  2. Bar Code India

    Provider of asset tracking and visibility solutions for supply chains

    Scm software
    See in list
  3. Sepio Products

    Manufacturer of tamper-evident security seals, including electronic and plastic options

    Scm software
    See in list
  4. Fleetx

    Provider of an AI platform for fleet and transportation management

    Road transport tech
    See in list
  5. Intangles

    Provider of AI-powered solutions for predictive fleet maintenance and management

    Road transport tech
    See in list

Agriculture IoT & smart farming companies

Precision farming, smart irrigation and farm analytics.

  1. Eeki

    Tech-driven sustainable farming company building large-scale polyhouse farms with IoT automation

    Crop tech
    See in list
  2. NextAqua

    Developer of IoT-enabled custom-built aquaculture farm equipment

    Aquaculture tech
    See in list
  3. Fyllo

    Next-gen agri-intelligence platform using soil, climate, crop sensors, AI analytics, and mobile apps

    Crop tech
    See in list
  4. NubeSol Technologies

    Provider of AI and data analytics solutions for the agriculture sector

    Crop tech
    Website
  5. Cultyvate

    Platform offering precision irrigation and farming solutions

    Crop tech
    Website

Healthcare & wearable IoT companies

Connected health devices, wearables and remote patient monitoring.

  1. YoloHealth

    Provider of primary healthcare via automated kiosks

    Healthcare it
    See in list
  2. Vigocare

    Provider of remote monitoring solutions to manage patient's health

    Iot applications
    Website
  3. Afferent

    Developer of an intelligent personal warming and sensing solutions

    Iot applications
    Website
  4. Cooey

    Health parameter monitoring IoT platform

    Wearable technology
    Website
  5. Savemom

    Platform offering maternal healthcare solution

    Disease self management
    Website

Listed IoT applications companies in India

Publicly listed IoT applications companies.

  1. Seshaasai

    Provider of payment solutions, communication services, and IoT-enabled RFID technologies

    Payments
    See in list
  2. Containe

    Provider of vehicle tracking system for enterprises

    Logistics tech
    See in list
  3. icsa

    ICSA offers infrastructure, embedded technologies, and software application solutions for the power, oil, gas, and water sectors.

    Iot applications
    Website
  4. infronics systems

    Infronics Systems specializ.ed in industry-specific software and hardware solutions.

    Iot applications
    Website
4 companies in India

IoT applications startups in India

Recently founded IoT startups in India.

  1. Fabric IoT

    Provider of data and energy infrastructure for electric vehicle charging

    Iot applications
    See in list
  2. Aurassure

    AI-powered climate intelligence and environmental monitoring solutions using IoT sensors

    Smart cities
    Website
  3. Vanix Technologies

    Developer of trackers,EV chargers, and controllers

    Smart cities
    Website
  4. Techhop

    Asse tracking solutions for agriculture and mining industries

    Iot applications
    Website
  5. Silae

    Provider of app-based real time data for fashion manufacturers

    Fashion tech
    Website
44 companies in India

IoT applications companies hiring in India

IoT companies with open jobs.

  1. Secure Meters

    Provider of smart metering products for the electricity and gas industries

    Facility management tech
    See in list
  2. Bar Code India

    Provider of asset tracking and visibility solutions for supply chains

    Scm software
    See in list
  3. Appalto

    Provider of cloud-based data loggers for IoT applications

    Iot applications
    See in list
  4. Sepio Products

    Manufacturer of tamper-evident security seals, including electronic and plastic options

    Scm software
    See in list
  5. Fleetx

    Provider of an AI platform for fleet and transportation management

    Road transport tech
    See in list
31 companies in India
Mobile reach

Top 10 iot applications apps from India

The most-installed Android apps published by iot applications companies headquartered in India — 1.6M installs between them. 112 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
2

Fleetx -GPS & Fleet Management

by Fleetx

Installs218K
Rating—
Last updatedJun 2026
View on Google Play ↗
Fleetx -GPS & Fleet Management screenshot 1Fleetx -GPS & Fleet Management screenshot 2Fleetx -GPS & Fleet Management screenshot 3Fleetx -GPS & Fleet Management screenshot 4Fleetx -GPS & Fleet Management screenshot 5Fleetx -GPS & Fleet Management screenshot 6
3

Xenius SEMS Plus

by Xenius

Installs190K
Rating—
Installs, year on year+42%
Last updatedFeb 2026
View on Google Play ↗
Xenius SEMS Plus screenshot 1Xenius SEMS Plus screenshot 2Xenius SEMS Plus screenshot 3Xenius SEMS Plus screenshot 4Xenius SEMS Plus screenshot 5Xenius SEMS Plus screenshot 6
6

Lectrix

by Lime

Installs117K
Rating—
Last updatedJun 2026
View on Google Play ↗
Lectrix screenshot 1Lectrix screenshot 2Lectrix screenshot 3Lectrix screenshot 4Lectrix screenshot 5Lectrix screenshot 6
7

smartFarms

by Stellapps

Installs107K
Rating3.65K ratings
Last updatedMay 2026
View on Google Play ↗
smartFarms screenshot 1smartFarms screenshot 2smartFarms screenshot 3smartFarms screenshot 4
8

Simply Track V2

by Volty IOT

Installs83K
Rating—
Last updatedJan 2026
View on Google Play ↗
Simply Track V2 screenshot 1Simply Track V2 screenshot 2Simply Track V2 screenshot 3
10

Birla HIL Distributor

by eSeal

Installs79K
Rating—
Last updatedJul 2025
View on Google Play ↗
Birla HIL Distributor screenshot 1Birla HIL Distributor screenshot 2
The business behind the activity

IoT Applications financials in India

Revenue, profit and growth from the filed annual accounts of 220 iot applications companies in India for FY24-25 — 290 of the 484 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 72% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹5,943.59 cr

220 companies filing accounts

combined net profit₹397.81 cr

6.7% aggregate margin

are profitable53%

117 of 220 companies

median revenue~₹1.5 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five72%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,792.18 crFY19-20208 filers
₹2,380.75 crFY20-21230 filers
₹3,258.88 crFY21-22228 filers
₹2,874.02 crFY22-23229 filers
₹3,670.52 crFY23-24231 filers
₹5,943.59 crFY24-25220 filers

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

Like-for-like

The same 199 companies over three years

+32%
FY22-23₹2,783.78 cr₹88.03 cr net
FY23-24₹3,492.54 cr₹138.19 cr net
FY24-25₹3,666.26 cr₹197.62 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 cr9034% profitable
₹1–10 cr8360% profitable
₹10–100 cr4475% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking72
0–20%35
20–50%43
50–100%24
Doubled+36

210 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

117profitable
102loss-making
6.7%aggregate margin
0.6%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
ProbusPROBUS SMART THINGS PRIVATE LIMITED
EasyReach SolutionsEasyreach Solutions Private Limited
EekiEEKI AUTOMATION PRIVATE LIMITED+108%₹13.84 cr
IoTfyIotfy Solutions Private Limited+107%₹37.69 cr
Digitectura TechnologiesDIGITECTURA TECHNOLOGIES PRIVATE LIMITED+93%₹10.36 cr
RightWattsRIGHTWATTS SOLUTIONS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Mappls GadgetsC.E. INFO SYSTEMS LIMITED34.4%₹435.61 cr
MelvaultMELVAULT SOFTWARE SOLUTIONS PRIVATE LIMITED
LynkitLYNKIT SOLUTIONS PRIVATE LIMITED
AppaltoAPPALTO ELECTRONICS PRIVATE LIMITED16.8%₹97.84 cr
IoTfyIotfy Solutions Private Limited16.4%₹37.69 cr
SeshaasaiSESHAASAI TECHNOLOGIES LIMITED15.1%₹1,472.35 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Facility management tech6₹2,213.66 cr~₹4.9 cr67%10.8%
Iot applications57₹625.00 cr~₹1.4 cr39%-7.0%
Scm software6₹202.95 cr~₹14.4 cr50%1.8%
Internet of things infrastructure13₹162.15 cr~₹2.9 cr69%0.4%
Energy efficiency tech21₹120.77 cr~₹1.7 cr76%1.9%
Property management tech7₹104.65 cr~₹1.5 cr100%3.3%
Manufacturing tech24₹46.31 cr~₹1.1 cr50%-30.2%
Logistics tech11₹41.66 cr~₹92 lakh55%-7.3%
Leaders

Largest iot applications companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Secure MetersSecure Meters Limited₹2,189.36 cr₹238.60 cr10.9%—
SeshaasaiSESHAASAI TECHNOLOGIES LIMITED₹1,472.35 cr₹222.21 cr15.1%-6%
Mappls GadgetsC.E. INFO SYSTEMS LIMITED₹435.61 cr₹150.02 cr34.4%+22%
AppaltoAPPALTO ELECTRONICS PRIVATE LIMITED₹97.84 cr₹16.42 cr16.8%+7%
Bar Code IndiaBAR CODE INDIA LIMITED₹92.41 cr₹66.60 lakh0.7%-12%
Sepio ProductsSEPIO PRODUCTS PRIVATE LIMITED₹80.31 cr₹83.60 lakh1.0%-5%
FleetxFLEETX TECHNOLOGIES PRIVATE LIMITED₹79.71 cr−₹34.42 cr-43.2%+33%
IntanglesINTANGLES LAB PRIVATE LIMITED₹76.37 cr−₹37.52 cr-49.1%+22%
Smart JoulesSMART JOULES PRIVATE LIMITED₹69.14 cr−₹4.68 cr-6.8%+40%
Delmon SolutionsDELMON SOLUTIONS PRIVATE LIMITED₹63.60 cr3.2%+41%
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 India

The financials above are one chapter. The full iot applications landscape of India 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 iot applications landscape of India
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

IoT Applications funding and M&A across India

372 recorded equity rounds have gone to 678 iot applications companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months11

US$24.67m

equity rounds, last 24 months30

US$152.46m

raised over five yearsUS$369.54m

151 rounds in India

M&A deals, India5

last 24 months

Capital by year

Equity funding into iot applications in India

amount rounds
$29m201834
$39m201943
$16m202050
$65m202147
$71m202234
$39m202328
$48m202416
$142m202520
$5.3m20266

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$141.97m across 20 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$3.92m24 rounds · median US$68k
SeedUS$50.09m85 rounds · median US$410k
Series AUS$113.84m29 rounds · median US$3.38m
Series BUS$146.49m8 rounds · median US$15.71m
Series CUS$55.19m5 rounds · median US$12.92m
Where the money went · five years

Most-funded sub-sectors

Iot applicationsUS$106.20m32 rounds · 16 companies
Road transport techUS$79.14m9 rounds · 2 companies
Energy efficiency techUS$55.74m10 rounds · 5 companies
Wearable technologyUS$47.35m4 rounds · 1 companies
Crop techUS$27.94m19 rounds · 6 companies
Manufacturing techUS$10.53m19 rounds · 12 companies
Online groceryUS$9.39m7 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

5Acquisition

Most active acquirers

  1. C.E. Info Systems Limited2
  2. Mapmyindia1
  3. Dehaat1
  4. Innoterra1

Most acquired or merged

  1. Gtropy2
  2. Gtropy Systems1
  3. Neerx1
  4. Fasal1

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

IoT Applications funding in India

98 iot applications companies in India have recorded equity funding, US$459.73m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind iot applications companies in India. 356 of 484 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India iot applications companies by sub-sector

The most common specialisations among iot applications companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring iot applications in India and nearby markets.

Coming soon