About Altiux
Altiux is a company based in Bengaluru (India) founded in 2013.. Altiux has raised $2 million across 1 funding round from investors including Bitkemy Technologies. The company has 54 employees as of April 06, 2024. Altiux has completed 1 acquisition, including Pdevice.com. Altiux operates in a competitive market with competitors including HiveMQ, Real-Time Innovations, Zerynth, Cybus and ProSyst, among others.
- Headquarter Bengaluru, India
- Employees 54 as on 06 Apr, 2024
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Altiux Innovations Private Limited
- Date of Incorporation 01 Aug, 2013
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$544.08 K (USD)15.61as on Mar 31, 2023
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Net Profit
$-613.02 K (USD)47.94as on Mar 31, 2023
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EBITDA
$358.08 K (USD)11.95as on Mar 31, 2023
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Dec 20, 2013
- Investors
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Employee Count
54
as on Apr 06, 2024
- Investments & Acquisitions
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(20 Dec 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Seed - Altiux | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altiux
Altiux has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bitkemy Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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IT services, software development, and consulting solutions provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altiux
Altiux has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pdevice.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category electronic device reviews are provided online.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Altiux
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altiux Comparisons
Competitors of Altiux
Altiux operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HiveMQ, Real-Time Innovations, Zerynth, Cybus and ProSyst, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MQTT-based platform for bi-directional IoT data flow is provided.
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| domain | founded_year | HQ Location |
IoT connectivity platform for real-time device communication is provided.
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| domain | founded_year | HQ Location |
Middleware for IoT devices is supplied to enable connected solutions.
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| domain | founded_year | HQ Location |
Data acquisition and protocol interoperability in industrial settings are facilitated.
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| domain | founded_year | HQ Location |
IoT middleware software is developed using OSGi and Java technologies.
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| domain | founded_year | HQ Location |
Provider of an IoT middleware
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Altiux
Frequently Asked Questions about Altiux
When was Altiux founded?
Altiux was founded in 2013.
Where is Altiux located?
Altiux is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Altiux a funded company?
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 20, 2013.
How many employees does Altiux have?
As of Apr 06, 2024, the latest employee count at Altiux is 54.
What is the annual revenue of Altiux?
Annual revenue of Altiux is $544.08K as on Mar 31, 2023.
What does Altiux do?
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.
Who are the top competitors of Altiux?
Altiux's top competitors include HiveMQ, Real-Time Innovations and Zerynth.
How many acquisitions has Altiux made?
Altiux has made 1 acquisition, including Pdevice.com.
Who are Altiux's investors?
Altiux has 1 investor. Key investors include Bitkemy Technologies.