Company lists
The Maharashtra edition · 2026

IoT Applicationscompanies in Maharashtra

Smart buildings, energy, industrial IoT, IoT platforms, tracking & logistics and more: the companies building iot applications in Maharashtra, with their founders, funding, team size and business models.

113 company profiles59 with reported revenue20 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 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
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 A1

Probus smart things

DeepTech Startup Probus Smart Things focused on Smart grid applications has raised $5 million in Series A1 led by Unicorn India Ventures.

Investors notable US-based and Indian family offices
Smart grid applications
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 Maharashtra, by revenue

Browse iot applications companies in Maharashtra 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 59 iot applications companies in Maharashtra 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 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

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 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 IT service suite solutions

Iot applications
₹63.60 crFY 2024-25
+41%2024–2025
61LinkedIn · Jul 2026
17 yr2009
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 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 green building consulting, BIM services, and smart automation software. It offers consulting services to achieve green building certifications. The company provides building information modeling (BIM) expertise, including model development and coordination support. Additionally, it develops and manufactures hardware and software solutions for home, office, and hospital automation, including building management systems. Custom software development services are also offered, utilizing technologies such as IoT, spatial mapping, and AI/ML.

Property management tech
₹15.78 crFY 2024-25
Not reported
120+9% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

IoT based solutions for the retail industry

Iot applications
₹14.15 crFY 2024-25
+132%2024–2025
10+11% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Provider of primary healthcare via automated kiosks

Healthcare it
₹10.68 crFY 2024-25
-16%2024–2025
77LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Smart workspace and building management solutions

Facility management tech
₹10.54 crFY 2024-25
+49%2024–2025
38+53% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jul 2026

Developer of wireless building automation systems for energy management control

Iot applications
₹9.51 crFY 2024-25
+917%2024–2025
116+46% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

A smart sustainability platform utilizing AI, IoT, and analytics to help businesses optimise energy, water and emissions

Energy efficiency tech
₹8.29 crFY 2024-25
+27%2024–2025
39+34% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Analytics solutions for industrial assets

Energy efficiency tech
₹6.33 crFY 2024-25
+60%2024–2025
26+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted May 2026

Energy management solution provider for commercial buildings

Energy efficiency tech
₹5.65 crFY 2024-25
+97%2024–2025
41LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of industry manufacturing execution system

Manufacturing tech
₹5.33 crFY 2024-25
+40%2024–2025
45+16% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of cloud-based thermal sensors for cold chain logistics

Sensors
₹4.73 crFY 2024-25
-33%2024–2025
14-22% 12 mo to Nov 2023recorded Nov 2023
10 yr2016
0none in 3 months

Provider of IoT based predictive maintainance solutions

Manufacturing tech
₹4.46 crFY 2024-25
+4%2024–2025
17LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Publisher of open-access scientific journals and books

Facility management tech
₹4.23 crFY 2024-25
+5%2024–2025
30-8% 12 mo to Jul 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Digital platform for the agriculture sector

Crop tech
₹3.40 crFY 2024-25
-20%2024–2025
25+0% 12 mo to Sep 2024recorded Sep 2024
13 yr2013
0none in 3 months

Provider of cloud-based solutions for energy plant management solutions for industries

Iot applications
₹3.30 crFY 2024-25
+41%2024–2025
18LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider if an IoT based smart water management platform

Water and wastewater management tech
₹3.11 crFY 2024-25
+5856%2024–2025
—Not available
10 yr2016
0none in 3 months

Provider of IoT based solutions in multi-industries

Energy efficiency tech
₹3.04 crFY 2023-24
+8%2023–2024
3-29% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of app-based platform for remotely managing drip irrigation system

Water and wastewater management tech
₹2.65 crFY 2021-22
Not reported
27LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of fixed asset management solutions, including tracking and register services

It operations
₹2.48 crFY 2021-22
Not reported
116LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Developer of an intelligent personal warming and sensing solutions

Iot applications
₹2.29 crFY 2024-25
+29%2024–2025
19LinkedIn · Jul 2026
11 yr2015
0none in 3 months
50 of 113 companies shown here · the full list is on Radar
Fliar Radar

Explore all 113 iot applications companies in Maharashtra on Radar

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

Open iot applications in Maharashtra on Radar
  • Every company, not just 50All 113 iot applications companies in Maharashtra, 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 IoT applications companies in Maharashtra by what you are looking for

Browse the top IoT applications companies in Maharashtra, from smart building and energy management to industrial IoT and asset tracking. Find IoT startups in Maharashtra and companies hiring now.

8 ways to explore iot applications in Maharashtra

Smart building & facility management IoTEnergy management & smart grid IoTIndustrial IoT & manufacturing technologyIoT platforms, devices & sensorsAsset tracking, fleet & logistics IoTSmart farming & agriculture IoT

Smart building & facility management IoT

Building automation, facility and property management solutions.

  1. Surmount Energy

    Provider of green building consulting, BIM services, and smart automation software. It offers consulting services to achieve green building certifications. The company provides building information modeling (BIM) expertise, including model development and coordination support. Additionally, it develops and manufactures hardware and software solutions for home, office, and hospital automation, including building management systems. Custom software development services are also offered, utilizing technologies such as IoT, spatial mapping, and AI/ML.

    Property management tech
    See in list
  2. Bluecoin IoT Solutions

    Smart workspace and building management solutions

    Facility management tech
    See in list
  3. Enlite Research

    Developer of wireless building automation systems for energy management control

    Iot applications
    See in list
  4. Greenovative

    A smart sustainability platform utilizing AI, IoT, and analytics to help businesses optimise energy, water and emissions

    Energy efficiency tech
    See in list
  5. Leap Info Systems

    Analytics solutions for industrial assets

    Energy efficiency tech
    See in list

Energy management & smart grid IoT

Energy monitoring, efficiency and smart grid solutions.

  1. Surmount Energy

    Provider of green building consulting, BIM services, and smart automation software. It offers consulting services to achieve green building certifications. The company provides building information modeling (BIM) expertise, including model development and coordination support. Additionally, it develops and manufactures hardware and software solutions for home, office, and hospital automation, including building management systems. Custom software development services are also offered, utilizing technologies such as IoT, spatial mapping, and AI/ML.

    Property management tech
    See in list
  2. Bluecoin IoT Solutions

    Smart workspace and building management solutions

    Facility management tech
    See in list
  3. Greenovative

    A smart sustainability platform utilizing AI, IoT, and analytics to help businesses optimise energy, water and emissions

    Energy efficiency tech
    See in list
  4. Leap Info Systems

    Analytics solutions for industrial assets

    Energy efficiency tech
    See in list
  5. BuildINT

    Energy management solution provider for commercial buildings

    Energy efficiency tech
    See in list

Industrial IoT & manufacturing technology

Shop-floor, predictive maintenance and Industry 4.0 solutions.

  1. Autosys

    Provider of industry manufacturing execution system

    Manufacturing tech
    See in list
  2. Alphacore Technologies

    Provider of IoT based predictive maintainance solutions

    Manufacturing tech
    See in list
  3. Precimetrix

    Developing connected solutions for manufacturing sector

    Manufacturing tech
    Website
  4. Ascent Intellimation

    End-to-end IIoT platform enabling industrial digitial initiatives for manufacturing companies

    Iot applications
    See in list
  5. IOTLYNX

    IoT enabled solution for fault prevention & predictive maintenance

    Manufacturing tech
    See in list

IoT platforms, devices & sensors

IoT platforms, connected devices and sensor makers.

  1. Seshaasai

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

    Payments
    See in list
  2. SoilSens

    Provider of precision agriculture solutions using sensor-based IoT technology

    Crop tech
    See in list
  3. VerveTronics

    Developer of IoT based asset monitoring and tracking solutions

    Iot applications
    See in list
  4. Sisai Technologies

    Provider of industrial automation and IoT products and engineering services

    Internet of things infrastructure
    See in list
  5. Abacus Software Services

    Provider of IoT solutions for commercial workspaces

    Internet of things infrastructure
    See in list

Asset tracking, fleet & logistics IoT

GPS tracking, fleet management and cold chain monitoring.

  1. Sepio Products

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

    Scm software
    See in list
  2. Intangles

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

    Road transport tech
    See in list
  3. Delmon Solutions

    Provider of IT service suite solutions

    Iot applications
    See in list
  4. Cool Guard

    Provider of cloud-based thermal sensors for cold chain logistics

    Sensors
    See in list
  5. AssetCues

    Provider of fixed asset management solutions, including tracking and register services

    It operations
    See in list

Smart farming & agriculture IoT

Precision agriculture, smart irrigation and farm management tools.

  1. Agreeta

    Digital platform for the agriculture sector

    Crop tech
    See in list
  2. Opulent

    Provider of app-based platform for remotely managing drip irrigation system

    Water and wastewater management tech
    See in list
  3. Kheti Buddy

    Cloud-based SaaS platform delivering digital farm management

    Iot applications
    See in list
  4. SoilSens

    Provider of precision agriculture solutions using sensor-based IoT technology

    Crop tech
    See in list
  5. DayBest

    Provider of drone enabled agricultural monitoring and analysis solutions

    Crop tech
    See in list

IoT applications startups in Maharashtra

Recently founded IoT startups in Maharashtra.

  1. SenseQube

    Developer of an IoT and AI-based smart irrigation and nutrition assistant

    Crop tech
    See in list
  2. IoTMET

    IoT platform for the manufacturing industry

    Manufacturing tech
    Website
  3. BOLA

    Provides IoT based solutions for remote monitoring of transformers

    Smart grid
    Website
  4. AllTrack

    Developer of GPS enabled tracking devices for enterprise applications

    Logistics tech
    Website
  5. Soaire

    Developer of inventory management systems

    Internet of things infrastructure
    Website
11 companies in Maharashtra

IoT applications companies hiring in Maharashtra

IoT companies in Maharashtra with open roles.

  1. Sepio Products

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

    Scm software
    See in list
  2. Intangles

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

    Road transport tech
    See in list
  3. iASYS

    Provider of testing and data management platforms for automotive dealers

    Iot applications
    See in list
  4. Bluecoin IoT Solutions

    Smart workspace and building management solutions

    Facility management tech
    See in list
  5. Leap Info Systems

    Analytics solutions for industrial assets

    Energy efficiency tech
    See in list
14 companies in Maharashtra
Mobile reach

Top 10 iot applications apps from Maharashtra

The most-installed Android apps published by iot applications companies headquartered in Maharashtra — 171K installs between them. 18 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
10

IGOTIT

by Atsuya

Installs2K
Rating—
Last updatedMay 2026
View on Google Play ↗
IGOTIT screenshot 1IGOTIT screenshot 2IGOTIT screenshot 3IGOTIT screenshot 4IGOTIT screenshot 5
The business behind the activity

IoT Applications financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 54 iot applications companies in Maharashtra for FY24-25 — 63 of the 113 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 90% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,935.77 cr

54 companies filing accounts

combined net profit₹176.86 cr

9.1% aggregate margin

are profitable56%

30 of 54 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+20%

into FY24-25

earned by the top five90%

revenue concentration

Six-year view

Combined revenue of filing companies

₹549.72 crFY19-2046 filers
₹533.31 crFY20-2151 filers
₹849.94 crFY21-2252 filers
₹1,444.97 crFY22-2353 filers
₹1,952.16 crFY23-2454 filers
₹1,935.77 crFY24-2554 filers

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

Like-for-like

The same 46 companies over three years

+29%
FY22-23₹1,441.28 cr₹107.48 cr net
FY23-24₹1,884.96 cr₹170.75 cr net
FY24-25₹1,857.47 cr₹214.90 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 cr2143% profitable
₹1–10 cr2352% profitable
₹10–100 cr989% profitable
₹100–1,000 cr0—
Over ₹1,000 cr1100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking17
0–20%8
20–50%15
50–100%4
Doubled+7

51 companies with accounts for both years; median growth +20%.

Profitability

Profit is concentrated at the top

30profitable
24loss-making
9.1%aggregate margin
1.0%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
EasyReach SolutionsEasyreach Solutions Private Limited+132%₹14.15 cr
MasstransMASSTRANS TECHNOLOGIIES PRIVATE LIMITED+58%₹53.42 cr
Bluecoin IoT SolutionsBLUECOIN IOT SOLUTIONS PRIVATE LIMITED+49%₹10.54 cr
Delmon SolutionsDELMON SOLUTIONS PRIVATE LIMITED+41%₹63.60 cr
IntanglesINTANGLES LAB PRIVATE LIMITED+22%₹76.37 cr
iASYSIASYS TECHNOLOGY SOLUTIONS PRIVATE LIMITED+15%₹43.18 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
SeshaasaiSESHAASAI TECHNOLOGIES LIMITED15.1%₹1,472.35 cr
YoloHealthHEALTHATM INDIA PRIVATE LIMITED11.9%₹10.68 cr
EasyReach SolutionsEasyreach Solutions Private Limited8.6%₹14.15 cr
Surmount EnergySURMOUNT ENERGY SOLUTIONS PRIVATE LIMITED6.4%₹15.78 cr
iASYSIASYS TECHNOLOGY SOLUTIONS PRIVATE LIMITED4.1%₹43.18 cr
MasstransMASSTRANS TECHNOLOGIIES PRIVATE LIMITED4.1%₹53.42 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Iot applications14₹200.12 cr~₹2.8 cr29%-3.9%
Energy efficiency tech5₹20.44 cr~₹5.7 cr80%0.6%
Manufacturing tech9₹17.95 cr~₹1.2 cr67%0.3%
Leaders

Largest iot applications companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
SeshaasaiSESHAASAI TECHNOLOGIES LIMITED₹1,472.35 cr₹222.21 cr15.1%-6%
Sepio ProductsSEPIO PRODUCTS PRIVATE LIMITED₹80.31 cr₹83.60 lakh1.0%-5%
IntanglesINTANGLES LAB PRIVATE LIMITED₹76.37 cr−₹37.52 cr-49.1%+22%
Delmon SolutionsDELMON SOLUTIONS PRIVATE LIMITED₹63.60 cr₹2.01 cr3.2%+41%
MasstransMASSTRANS TECHNOLOGIIES PRIVATE LIMITED₹53.42 cr₹2.19 cr4.1%+58%
iASYSIASYS TECHNOLOGY SOLUTIONS PRIVATE LIMITED₹43.18 cr₹1.77 cr4.1%+15%
Surmount EnergySURMOUNT ENERGY SOLUTIONS PRIVATE LIMITED₹15.78 cr₹1.02 cr6.4%+13%
EasyReach SolutionsEasyreach Solutions Private Limited₹14.15 cr₹1.22 cr8.6%+132%
YoloHealthHEALTHATM INDIA PRIVATE LIMITED₹10.68 cr₹1.27 cr11.9%-16%
Bluecoin IoT SolutionsBLUECOIN IOT SOLUTIONS PRIVATE LIMITED₹10.54 cr₹17.67 lakh1.7%+49%
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.

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 Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months9

US$18.32m

equity rounds, last 24 months28

US$148.24m

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 Maharashtra

20 iot applications companies in Maharashtra have recorded equity funding, US$78.77m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind iot applications companies in Maharashtra. 83 of 113 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra iot applications companies by sub-sector

The most common specialisations among iot applications companies in Maharashtra. 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