About Altiux
Altiux is a Technology company based in Bengaluru (India) founded in 2013. IoT middleware platform connects devices, apps, and services. Altiux has raised $2 million across 1 funding round from investors including Bitkemy Technologies. The company has 54 employees. Altiux has completed 1 acquisition, including Pdevice.com. Its Indian entity Prasaditya Idea Private Limited reported revenue of ₹2.96 Cr. Its focus areas include High Tech, Internet of Things Infrastructure and IoT Middleware.
Company details
Altiux M2M middleware stack is a single horizontal Converged Cloud Platform for Internet of Things - connecting users, devices, apps, processes, contents and services via users stationary and mobile devices. The platform can be leveraged to meet all immediate and future needs of smart home, smart connected communities, smart enterprises and other IoT applications. The platform delivers what the smart homes, smart communities and smart enterprises desire to provide in order to enhance productivity, operational efficiency, user experience and what the manufacturing industry telecom operators want to provide through open standards for convergence in telecom, wireless, home automation, building automation, smart city automation and internet arena in order to enhance operation efficiency and simplify consumer experience. Provides Altiux SDK for OEM developers to deploy applicationfeatures on top of their devices. Has offices in Bangalore and Hyderabad, India. Acquired P-Device in Aug 2014 to become an end-to-end solution and service provider for IoT and M2M domains.
- Headquarters Bengaluru, India
- Employees 54
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website altiux.com
- Social LinkedIn X Facebook
- Legal Name Altiux Innovations Private Limited
- Date of Incorporation 01 Aug, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.96 Cr
FY 2025 · -20% YoY
- Net Loss-₹52.8 Lakh
FY 2025 · -18% margin
- EBITDA₹1.87 Cr
FY 2025 · 63% margin
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Seed
Dec 2013
- Investors
- Employee Count54
- Investments & Acquisitions
Associated legal entities of Altiux
Altiux operates through Prasaditya Idea Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prasaditya Idea Private Limited CIN U72200TG2013PTC089287 | Active | 01 Aug 2013 | Hyderabad, Telangana | ₹3.0 Cr | 54 | 4 | View details |
Funding Insights of Altiux
Altiux has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Dec 2013)
- Investors Count 1
All 1 funding rounds of Altiux with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $2M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Altiux
Altiux has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bitkemy Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IT services, software development, and consulting solutions provided globally. | 2012 | bitkemy.com | Hyderabad, India |
Investor details for Altiux
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Prasaditya Idea Private Limited (Altiux)
Prasaditya Idea Private Limited is the primary company behind Altiux. The board of Prasaditya Idea Private Limited currently have 3 directors; the longest-serving is Siva Rama Vara Prasad Motaparti, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siva Rama Vara Prasad Motaparti DIN 00170919 | Director | 01 Aug 2013 | 13 yrs 3 mo | Prasaditya Idea Private Limited |
| Smitha Motaparti DIN 02470160 | Director | 11 Nov 2020 | 5 yrs 11 mo | Prasaditya Idea Private Limited |
| Malayanur Anantha Padmanabha Rao DIN 01654582 | Director | 13 Sep 2024 | 2 yrs 1 mo | Prasaditya Idea Private Limited |
People of Altiux
12 people are tracked at Altiux (3 in leadership, 9 in team); the tracked headcount is 54.
| Name | Role | Group |
|---|---|---|
Shridhar G. | CEO | Leadership |
Madhu kovalmudi | Director Engineering Services | Leadership |
Sunil Motaparti | Co-Founder, Director | Leadership |
Sashi Sekhar Sabat | Embedded System Software Engineer | Team |
Amrita Jaiswal | Inside Sales Executive | Team |
Amir Iqbal | UI Engineer | Team |
Harish Kumar | Senior iOS Developer | Team |
Jay Ahn (안중효) | IoT Project Coordinator | Team |
Kaveri Banakar | Senior Engineer | Team |
Manikanta Boddu | Senior Hardware Engineer | Team |
sainadh padakandla | Project Manager Team Lead | Team |
Xavier Saji | Embedded Developer | Team |
Complete people profiles for Altiux
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Financials of Altiux
Figures of Prasaditya Idea Private Limited, the primary company behind Altiux, for FY 2025. Revenue was ₹2.96 Cr (-20% year on year). Net loss was -₹52.8 Lakh (-18% margin). EBITDA was ₹1.87 Cr (63% margin). Revenue has grown at a compounded annual rate of -9% over three years and +6% over five years.
- ₹2.96 CrRevenue · FY 2025 · -20% YoY
- -₹52.8 LakhNet loss · -18% margin
- ₹1.87 CrEBITDA · 63% margin
- ₹28.00 CrPaid-up capital
- 54Employees (provident fund records)
- -9%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prasaditya Idea Private Limited are on its company page.
Detailed financial statements for Altiux
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Altiux
Altiux has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pdevice.com.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category electronic device reviews are provided online. | pdevice.com | Bengaluru, India | 2015 | Jan 2014 | •••• |
Complete acquisition details for Altiux
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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- Exports
Verified entity values are shown only after access is granted.
Timeline of Altiux
3 dated milestones of Altiux across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Altiux is founded.
- Funding First funding round of $2.0M.
- Acquisition Acquires Pdevice.com.
Web traffic of Altiux
Websites that share an audience with Altiux (altiux.com).
Websites whose visitors overlap most with Altiux. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jbilling.com | 100% | View details | |||
webmail.epromail.com | webmail.epromail.com | 96% | – | ||
sweet-page.com | sweet-page.com | 96% | #389,558 | – | |
mysearch.avg.com | mysearch.avg.com | 96% | – | ||
| linkedin.com | 96% | 1.9B | #18 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Altiux
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Related news about Altiux
Complete news archive for Altiux
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Frequently Asked Questions about Altiux
Altiux was founded in 2013.
Altiux is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Altiux is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Dec 2013.
Altiux has 54 employees.
The primary company behind Altiux, Prasaditya Idea Private Limited, reported revenue of ₹2.96 Cr for FY 2025, down 20% year on year.
Altiux M2M middleware stack is a single horizontal Converged Cloud Platform for Internet of Things - connecting users, devices, apps, processes, contents and services via users stationary and mobile devices. The platform can be leveraged to meet all immediate and future needs of smart home, smart connected communities, smart enterprises and other IoT applications. The platform delivers what the smart homes, smart communities and smart enterprises desire to provide in order to enhance productivity, operational efficiency, user experience and what the manufacturing industry telecom operators want to provide through open standards for convergence in telecom, wireless, home automation, building automation, smart city automation and internet arena in order to enhance operation efficiency and simplify consumer experience. Provides Altiux SDK for OEM developers to deploy applicationfeatures on top of their devices. Has offices in Bangalore and Hyderabad, India. Acquired P-Device in Aug 2014 to become an end-to-end solution and service provider for IoT and M2M domains.
Altiux has made 1 acquisition, including Pdevice.com.
Altiux has 1 investor. Key investors include Bitkemy Technologies.
Altiux operates through Prasaditya Idea Private Limited.
The legal entities of Altiux currently have 4 directors, including Siva Rama Vara Prasad Motaparti, Smitha Motaparti, Varsha Singh and others.