Company lists
The Tamil Nadu edition · 2026

IoT Servicescompanies in Tamil Nadu

IoT development, industrial IoT, embedded & electronics, IT services, AI & digital transformation and more: the companies building iot services in Tamil Nadu, with their founders, funding, team size and business models.

163 company profiles52 with reported revenue1 with recorded fundingOctober 2026 edition
Tamil Nadu · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent iot services business events in India

Funding, M&A, contract wins and launches involving 1,414 iot services companies in India, last 24 months: 17 Contracts · 7 M&A deals · 6 launches · 4 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

M&AAcquisition · Announced

Quest global acquires Bitsilica

Quest Global, the world’s largest independent pure-play engineering services company, announced the acquisition of BITSILICA, an India-based semiconductor design services company.

Semiconductor Design Services
FundingSeries A equity investment

Phoenix

Kochhar & Co., Bangalore acted as the counsel to Phoenix Robotix Private Limited, a leading technology company in automation and industrial IoT, and creator of the pioneering 'Datoms'…

Investors Big Global Investment JSC, YourNest Innovative Products VC Fund III, IvyCap Ventures Trust Fund III
Automation and industrial IoT
Funding

Sfo technologies

Kochi-headquartered electronics manufacturing services company SFO Technologies has raised approximately $82 million in a funding round led by growth-stage private equity fund Trident…

Investors Trident growth partners, Amicus Capital Partners, Anicut Continuum Equity Fund, HDFC AMC Select AIF FOF-1
Electronics Manufacturing Services
ContractTechnology

Bharat forge · client: Vvdn technologies

Bharat Forge and VVDN Technologies have signed an memorandum of understanding (MoU) to explore collaboration across automotive, defence, and data centre sectors.

Automotive, Defence, Data Centre
Contract

Bartronics india · client: Shree NagaNarasimha Pvt. Ltd.

Bartronics India Limited (“BIL”) has executed a definitive Shareholders Agreement with Shree NagaNarasimha Pvt. Ltd., operating under the AYOU brand, marking a strategic step in its…

Agriculture
M&AAcquisition · Announced

Bartronics india acquires AYOU

Bartronics India Limited has received board approval to acquire a 51% stake in AYOU, a fresh produce brand operated by Shree NagaNarasimha Pvt Ltd (SNN).

Fresh produce aggregation and processing
ContractSupply

Seatrium Energy (International) Pte Ltd · client: Phoenix

Under the settlement, Seatrium Energy (International) Pte Ltd will deliver the vessel to Maersk’s affiliate Phoenix II A/S by February 28, 2026, with the buyer paying the remaining…

Offshore Wind
Contract

Kinex India Private Limited · client: Bartronics india

Apart from this, the board also approved the proposal of the company to borrow Rs 100 crore from Kinex India Private Limited under a related-party transaction.

Finance
ContractTechnology

Chipex Technologies Private Limited · client: Mic electronics

MIC Electronics, through a stock exchange filing, announced that it has entered into a Memorandum of Understanding (MoU) with Chipex Technologies Private Limited to co-develop…

Semiconductor
Contract

Ericsson · client: Vvdn technologies

It is worth noting that Ericsson is already making telecom gear in India in partnership with VVDN Technologies.

Telecom
LaunchAskme360

Heuristics informatics

Heuristics Informatics Pvt. Ltd. (HIPL), a global leader in enterprise IT solutions has announced the launch of askme360, a cutting-edge AI assistant designed to transform how businesses…

AI Assistant
LaunchIoT-enabled ERP/CRM

Amar infotech

Amar InfoTech is advancing digital transformation with its IoT-enabled ERP and CRM development services, designed to help enterprises in India and worldwide integrate real-time data…

Enterprise Resource Planning / Customer Relationship Management
FundingGrowth capital

Amnex infotechnologies

Amnex Infotechnologies gets INR 460 crore growth capital from Bharat Value Fund

Investors Bharat Value Fund
Wealth Company Asset Management / AI/IoT/GIS
ContractTechnology

Vvdn technologies · client: Bharat Electronics Limited BEL

Earlier last week, BEL signed a Memorandum of Understanding (MoU) with VVDN Technologies to collaborate on domestic manufacturing and technology development.

Defence and electronics
Launch

Azilen technologies

Azilen Technologies, a global product engineering company, today announced the successful integration of OpenAI's advanced language models into its digital platforms.

LaunchFully AI-designed server

Vvdn technologies

On Friday, India's Union Minister Ashwini Vaishnaw unveiled the country's first fully AI-designed server, made by VVDN Technologies.

Server
M&AAcquisition · Completed

Sasken acquires BORQS International Holding Corp

Sasken Technologies Limited (NSE: SASKEN, BSE: 532663), a leading global provider of product engineering and digital transformation services, announced that it has completed acquisition…

Embedded Software, Internet of Things
LaunchFactory Monitoring

Kneo automation

KNEO Automation a leader in industrial innovation, introduces a groundbreaking solution - Factory Monitoring.

Industrial Automation
ContractService

Verso Altima India · client: Postnord

Verso Altima India Private Limited, a subsidiary of Adroit Infotech Limited, has secured a significant contract valued at approximately Rs. 24 million from PostNord Group AB for SAP BRIM…

IT services
ContractService

Verso Altima India · client: PT Supra Primatama Nusantara

Verso Altima India Private Limited, a subsidiary of Adroit Infotech Limited, has secured a significant ₹21 million contract from PT Supra Primatama Nusantara for SAP BRIM services.

Enterprise technology solutions
M&AAcquisition · Completed

Stellex Industries acquires Phoenix

Stellex Industries , Palo Alto, CA, has acquired privately held RF and microwave component supplier Phoenix Microwave Corp.

RF and Microwave Components
M&AAcquisition · Announced

Sasken communication technologies acquires Botnia Hightech

In an all cash deal, Sasken Communication Technologies Ltd., a pioneer in the telecom R&D and support space, has agreed to pay €35.5 million to acquire Finland based Botnia Hightech Oy,…

Wireless R&D and testing services
ContractSupply

Panache digilife · client: Global Customer

The shares of the company have seen positive movement after Panache Digilife Ltd signed a Manufacture and Supply Agreement (“MSA”) with a Global Customer for the manufacture and supply…

Technology
ContractTechnology

Ptw group · client: Bartronics india

Bartronics India Limited, a fin-tech solutions provider, signed a Memorandum of Understanding (MoU) with Singapore’s PTW Group on January 8, 2025, marking PTW’s entry into the Indian…

Semiconductor

IoT Services companies in Tamil Nadu, by revenue

Browse iot services companies in Tamil Nadu 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 iot services companies in Tamil Nadu 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 e-governance and IT solutions for public and private sectors

Erp services
₹313.18 crFY 2024-25
+1%2024–2025
1,027-19% 12 mo to Feb 2024recorded Feb 2024
26 yr2000
0none in 3 months

Provider of industrial automation and IoT solutions

Iot services
₹45.46 crFY 2023-24
+921%2023–2024
40LinkedIn · Jul 2026
17 yr2009
0none in 3 months

AI powered decision support software for enterprises

Iot services
₹37.00 crFY 2024-25
+36%2024–2025
436+64% 12 mo to Aug 2024LinkedIn · Jul 2026
4 yr2022
12postings · last posted Sep 2026

Provider of software development, networking, testing, and other services

It services
₹34.65 crFY 2024-25
+19%2024–2025
222LinkedIn · Oct 2026
19 yr2007
0none in 3 months

Provider of IT and custom software solutions for business transformation

Iot services
₹32.00 crFY 2024-25
+9%2024–2025
88-39% 12 mo to Mar 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Provider of mobile application development, IoT, and ERP services

It services
₹26.27 crFY 2024-25
+4%2024–2025
316+21% 12 mo to Aug 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months

Consulting and engineering firm that specializes in providing automation solutions for industrial operations, leveraging its expertise in process automation, control systems, and instrumentation engineering to optimize clients manufacturing processes

Iot services
₹25.73 crFY 2024-25
+88%2024–2025
73LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Manufacturer of IoT products and EMS products

Iot services
₹17.55 crFY 2024-25
+20%2024–2025
126+38% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Tech services firm that helps startups and large enterprises design, build, and scale their products

Ai services
₹16.28 crFY 2024-25
+3%2024–2025
89-6% 12 mo to Jul 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of AI, IoT, and mobile app development services

Iot services
₹15.22 crFY 2024-25
+28%2024–2025
107+54% 12 mo to Mar 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provides IT services suite solutions and digital marketing services

It services
₹12.36 crFY 2024-25
-4%2024–2025
128-6% 12 mo to Apr 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Jul 2026

Provider of application development services

Iot services
₹11.01 crFY 2024-25
+152%2024–2025
15recorded Apr 2024
8 yr2018
0none in 3 months

Developer of embedded systems and training solutions for educational and industrial applications

Iot services
₹9.26 crFY 2024-25
+26%2024–2025
207LinkedIn · Oct 2026
26 yr2000
0none in 3 months

Developer of sensors for IoT applications

Iot services
₹7.52 crFY 2024-25
+25%2024–2025
49+20% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of IT service suite solutions

Iot services
₹6.82 crFY 2024-25
+32%2024–2025
72+0% vs previous recordLinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of application development services

Iot services
₹6.61 crFY 2024-25
+8%2024–2025
93+26% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of blockchain, digital transformation and IT services

It services
₹6.14 crFY 2024-25
-4%2024–2025
130LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Oct 2023

Provider of cloud computing, IoT, and other services

It services
₹6.10 crFY 2024-25
-9%2024–2025
34LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of e-waste management services

Iot services
₹4.69 crFY 2024-25
-8%2024–2025
15LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of UI/UX design, AI, machine learning, and cloud solutions

Iot services
₹3.74 crFY 2021-22
Not reported
67-20% vs previous recordLinkedIn · Jul 2026
17 yr2009
0none in 3 months · last posted Jan 2026

Provider of horizontal application development and IT staffing services

Iot services
₹3.56 crFY 2021-22
Not reported
11LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of video doorbell

Iot services
₹2.86 crFY 2024-25
+41%2024–2025
11LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of design industrial automation

Manufacturing services
₹2.28 crFY 2024-25
+36%2024–2025
9LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of mobile robotics, IoT, and app development services

Iot services
₹2.10 crFY 2024-25
-55%2024–2025
46-46% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
1postings · last posted Aug 2026

Provider of legal services in commercial, civil, and family law

Iot services
₹1.95 crFY 2024-25
-8%2024–2025
19LinkedIn · Jul 2026
23 yr2003
0none in 3 months
50 of 163 companies shown here · the full list is on Radar
Fliar Radar

Explore all 163 iot services companies in Tamil Nadu on Radar

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

Open iot services in Tamil Nadu on Radar
  • Every company, not just 50All 163 iot services companies in Tamil Nadu, 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 services companies in Tamil Nadu by what you are looking for

Find IoT services companies in Tamil Nadu, including IoT application development services and IoT services providers. Browse industrial IoT firms, IoT startups in India and IT services companies that build connected solutions.

8 ways to explore iot services in Tamil Nadu

IoT application development servicesIndustrial IoT & automation companiesEmbedded systems & electronics manufacturingIT services & software development companiesAI, blockchain & digital transformation servicesDigital marketing & web services

IoT application development services

Companies building IoT applications, platforms and connected products.

  1. Innospace

    Provider of industrial automation and IoT solutions

    Iot services
    See in list
  2. Zilogic

    Provider of software development, networking, testing, and other services

    It services
    See in list
  3. Indus Novateur

    Provider of mobile application development, IoT, and ERP services

    It services
    See in list
  4. Cogent Automation

    Consulting and engineering firm that specializes in providing automation solutions for industrial operations, leveraging its expertise in process automation, control systems, and instrumentation engineering to optimize clients manufacturing processes

    Iot services
    See in list
  5. Enthu Technology Solutions India

    Manufacturer of IoT products and EMS products

    Iot services
    See in list

Industrial IoT & automation companies

Industrial IoT, automation and manufacturing solutions for factories.

  1. YM Automation

    Provider of design industrial automation

    Manufacturing services
    See in list
  2. Katomaran Technologies

    Provider of mobile robotics, IoT, and app development services

    Iot services
    See in list
  3. Sosaley

    Provider of battery management systems, motor controllers, and medical device solutions

    Iot services
    See in list
  4. hethi

    Business Process automation based on cognitive AI

    Business process management software
    See in list
  5. Rax-Tech International

    Internet of Things | Automation | e-Surveillance | Embedded Systems | Services

    Manufacturing services
    Website

Embedded systems & electronics manufacturing

Electronics design, PCB and embedded hardware manufacturers.

  1. Auckam

    Provides PCBs designing services

    Semiconductor design and manufacturing services
    See in list
  2. Blincsmart

    Manufacturer of smart electric plugs and other electronic components

    Iot services
    See in list
  3. Hivericks

    Developer of IoT-based solutions for home automation

    Iot services
    See in list
  4. Gemicates

    Provider of embedded systems, IoT training, and product development platforms

    Iot services
    See in list
  5. Rax-Tech International

    Internet of Things | Automation | e-Surveillance | Embedded Systems | Services

    Manufacturing services
    Website

IT services & software development companies

IT services firms offering software, web and mobile app development.

  1. Oasys

    Provider of e-governance and IT solutions for public and private sectors

    Erp services
    See in list
  2. Metayb

    AI powered decision support software for enterprises

    Iot services
    See in list
  3. Zilogic

    Provider of software development, networking, testing, and other services

    It services
    See in list
  4. Indus Novateur

    Provider of mobile application development, IoT, and ERP services

    It services
    See in list
  5. RedBlackTree

    Tech services firm that helps startups and large enterprises design, build, and scale their products

    Ai services
    See in list

AI, blockchain & digital transformation services

AI services, AR/VR, blockchain and digital transformation providers.

  1. Metayb

    AI powered decision support software for enterprises

    Iot services
    See in list
  2. Techfruitspl

    Provider of IT and custom software solutions for business transformation

    Iot services
    See in list
  3. BSEtec

    Provider of blockchain, digital transformation and IT services

    It services
    See in list
  4. Apptomate Digital

    Provider of UI/UX design, AI, machine learning, and cloud solutions

    Iot services
    See in list
  5. Adomita

    Provider of data analytics services

    Iot services
    See in list

Digital marketing & web services

Agencies offering SEO, web development and digital marketing.

  1. Digisailor

    Provider of web development, SEO, digital marketing, and other services

    Ar vr services
    See in list
  2. eOrchids

    Provider of CAD/CAM software and solutions for manufacturing

    It services
    Website
  3. Firesky

    Developer of custom software applications and digital marketing solutions provider

    Iot services
    Website
  4. BTW

    Provider IT service suite solutions and digital marketing services

    Iot services
    Website
  5. GML Soft Labs

    Provider of SEO, SMM, advertising, lead generation, and web design & mobile development services

    Iot services
    Website

IoT services startups in Tamil Nadu

Newer IoT services companies founded in recent years.

  1. Metayb

    AI powered decision support software for enterprises

    Iot services
    See in list
  2. Voni SmartIoT

    Provider of IoT revolutionises product development and R&D services

    Iot services
    See in list
  3. Arcnics

    Provider of smart home automation solutions, offering a range of products including Wi-Fi controlled LED lights and smart extension boards

    Iot services
    See in list
  4. Dataranya

    Industrial IoT startup providing customised solutions to solve clients' operations problems impacting their top- and bottom-lines.

    Iot services
    See in list
  5. Blincsmart

    Manufacturer of smart electric plugs and other electronic components

    Iot services
    See in list
14 companies in Tamil Nadu

IoT services companies hiring in Tamil Nadu

IoT services companies with open roles right now.

  1. Metayb

    AI powered decision support software for enterprises

    Iot services
    See in list
  2. Techfruitspl

    Provider of IT and custom software solutions for business transformation

    Iot services
    See in list
  3. Cogent Automation

    Consulting and engineering firm that specializes in providing automation solutions for industrial operations, leveraging its expertise in process automation, control systems, and instrumentation engineering to optimize clients manufacturing processes

    Iot services
    See in list
  4. Flyers Soft

    Provides IT services suite solutions and digital marketing services

    It services
    See in list
  5. VGTS

    Provider of application development services

    Iot services
    See in list
14 companies in Tamil Nadu
Mobile reach

Top 10 iot services apps from Tamil Nadu

The most-installed Android apps published by iot services companies headquartered in Tamil Nadu — 869K installs between them. 19 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Bills Reminder

by Ascent24

Installs587K
Rating3.5618K ratings
Last updatedNov 2025
View on Google Play ↗
Bills Reminder screenshot 1Bills Reminder screenshot 2Bills Reminder screenshot 3Bills Reminder screenshot 4Bills Reminder screenshot 5Bills Reminder screenshot 6
4

OASYS MFS100 RD Service

by Oasys

Installs15K
Rating—
Last updatedJan 2023
View on Google Play ↗
OASYS MFS100 RD Service screenshot 1OASYS MFS100 RD Service screenshot 2OASYS MFS100 RD Service screenshot 3
5

StreamBiz

by BSEtec

Installs15K
Rating—
Last updatedOct 2022
View on Google Play ↗
StreamBiz screenshot 1StreamBiz screenshot 2StreamBiz screenshot 3StreamBiz screenshot 4StreamBiz screenshot 5StreamBiz screenshot 6
The business behind the activity

IoT Services financials in Tamil Nadu

Revenue, profit and growth from the filed annual accounts of 43 iot services companies in Tamil Nadu for FY24-25 — 54 of the 163 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹582.30 cr

43 companies filing accounts

combined net profit₹2.66 cr

0.5% aggregate margin

are profitable53%

23 of 43 companies

median revenue~₹1.6 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹103.80 crFY19-2039 filers
₹100.83 crFY20-2139 filers
₹147.74 crFY21-2237 filers
₹492.81 crFY22-2344 filers
₹589.85 crFY23-2442 filers
₹582.30 crFY24-2543 filers

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

Like-for-like

The same 39 companies over three years

+19%
FY22-23₹487.30 cr₹13.81 cr net
FY23-24₹544.18 cr₹15.63 cr net
FY24-25₹581.65 cr₹2.74 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 cr1735% profitable
₹1–10 cr1650% profitable
₹10–100 cr989% profitable
₹100–1,000 cr1100% 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

Shrinking15
0–20%8
20–50%10
50–100%2
Doubled+6

41 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

23profitable
20loss-making
0.5%aggregate margin
0.1%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
PRAXIOPRAXIO IT CONSULTING PRIVATE LIMITED+152%₹11.01 cr
MetaybMETAYB PRIVATE LIMITED+36%₹37.00 cr
MindPro TechMINDPRO TECHNOLOGIES PRIVATE LIMITED+28%₹15.22 cr
Enthu Technology Solutions IndiaENTHU TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED+20%₹17.55 cr
ZilogicZILOGIC SYSTEMS PRIVATE LIMITED+19%₹34.65 cr
TechfruitsplTECHFRUITS SOLUTIONS PRIVATE LIMITED+9%₹32.00 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
RedBlackTreeREDBLACKTREE TECHNOLOGIES PRIVATE LIMITED22.0%₹16.28 cr
ZilogicZILOGIC SYSTEMS PRIVATE LIMITED6.7%₹34.65 cr
MetaybMETAYB PRIVATE LIMITED2.9%₹37.00 cr
TechfruitsplTECHFRUITS SOLUTIONS PRIVATE LIMITED2.8%₹32.00 cr
Indus NovateurINDUS NOVATEUR SOFTECH PRIVATE LIMITED2.5%₹26.27 cr
PRAXIOPRAXIO IT CONSULTING PRIVATE LIMITED2.5%₹11.01 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Iot services31₹163.55 cr~₹1.4 cr52%-4.5%
It services7₹86.89 cr~₹6.1 cr43%2.4%
Leaders

Largest iot services companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
OasysOASYS CYBERNETICS PRIVATE LIMITED₹312.56 cr₹4.41 cr1.4%+1%
MetaybMETAYB PRIVATE LIMITED₹37.00 cr₹1.08 cr2.9%+36%
ZilogicZILOGIC SYSTEMS PRIVATE LIMITED₹34.65 cr₹2.32 cr6.7%+19%
TechfruitsplTECHFRUITS SOLUTIONS PRIVATE LIMITED₹32.00 cr₹89.90 lakh2.8%+9%
Indus NovateurINDUS NOVATEUR SOFTECH PRIVATE LIMITED₹26.27 cr₹66.02 lakh2.5%+4%
Enthu Technology Solutions IndiaENTHU TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED₹17.55 cr₹19.10 lakh1.1%+20%
RedBlackTreeREDBLACKTREE TECHNOLOGIES PRIVATE LIMITED₹16.28 cr₹3.59 cr22.0%+3%
MindPro TechMINDPRO TECHNOLOGIES PRIVATE LIMITED₹15.22 cr₹29.74 lakh2.0%+28%
Flyers SoftFLYERS SOFT PRIVATE LIMITED₹12.36 cr−₹45.11 lakh-3.6%-4%
PRAXIOPRAXIO IT CONSULTING PRIVATE LIMITED₹11.01 cr₹27.36 lakh2.5%+152%
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 Services funding and M&A across India

67 recorded equity rounds have gone to 1,414 iot services companies in India — how much, at which stage, into which sub-sectors, from whom, and how Tamil Nadu compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$82.00m

equity rounds, last 24 months3

US$134.01m

raised over five yearsUS$231.17m

25 rounds in India

M&A deals, India7

last 24 months

Capital by year

Equity funding into iot services in India

amount rounds
$4.8m20187
$38m20197
$94k20202
$345k20216
$2.8m20225
$87m20238
$6.7m20244
$52m20251
$82m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$87.37m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$3.90m6 rounds · median US$107k
SeedUS$2.92m11 rounds · median US$143k
Series AUS$52.00m1 rounds · median US$52.00m
Series BUS$6.48m2 rounds · median US$6.48m
Series D+US$83.87m4 rounds · median US$20.55m
Private equityUS$82.00m1 rounds · median US$82.00m
Where the money went · five years

Most-funded sub-sectors

Electronic manufacturing servicesUS$87.44m5 rounds · 1 companies
Manufacturing servicesUS$82.00m1 rounds · 1 companies
It servicesUS$52.00m1 rounds · 1 companies
Physical security servicesUS$6.48m2 rounds · 1 companies
Iot servicesUS$3.02m13 rounds · 10 companies
PaymentsUS$237k2 rounds · 1 companies
3d printingUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

7Acquisition

Most active acquirers

  1. Sasken3
  2. Quest global1
  3. Bartronics india1
  4. Stellex Industries1
  5. Phoenix1

Most acquired or merged

  1. Bitsilica1
  2. AYOU1
  3. BORQS International Holding Corp1
  4. Phoenix1
  5. Botnia Hightech1

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

Founders and momentum in Tamil Nadu

Meet the people behind iot services companies in Tamil Nadu. 38 of 163 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Tamil Nadu iot services companies by sub-sector

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

Keep exploring iot services in India and nearby markets.

Coming soon