
About ANTAR IoT
ANTAR IoT is a Technology company based in Visakhapatnam (India) founded in 2017 by Parvathi Srutha Keerthi Piridi and Sri Teja Nidadavole. IoT solutions and smart home services are provided globally. It operates on a SaaS (Software-as-a-Service) and Product-as-a-Service model. ANTAR IoT has raised $74.25 thousand across 1 funding round from investors including Shirisha Chetty, Hari Krishna Kumar and Ramesh Babu Kanakamedala. The company has 5 employees. ANTAR IoT was last valued at $1.49 million in May 2018. Its Indian entity Antar Iot Private Limited reported revenue of βΉ69.9 Lakh. ANTAR IoT offers products and services including ANTAR IoT Platform, Smart Products, and Industrial IoT Solutions. Its focus areas include Internet of Things and Industrial IoT.
Company details
ANTAR IoT is focused on delivering connected solutions through its advanced IoT platform and hardware for industrial applications. The company operates across sectors like manufacturing, energy, and oil gas, offering products such as smart devices and custom IIoT solutions. Sustainability and efficiency are emphasized through services like energy monitoring and machine monitoring, driving digital transformation for Industry 5.0.
- Headquarters Visakhapatnam, India
- Employees 5
- Founders Parvathi Srutha Keerthi Piridi, Sri Teja Nidadavole
- Stage Minicorn
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website antariot.com
- Social LinkedIn X
- Legal Name Antar Iot Private Limited
- Date of Incorporation 30 Oct, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹69.9 Lakh
FY 2024 · -1% YoY
- Net Loss-₹18.4 Lakh
FY 2024 · -26% margin
- EBITDA-₹5.3 Lakh
FY 2024 · -8% margin
- Total Equity Funding$74.25K (USD)
in 1 rounds
- Latest Funding Round$74.25K (USD), Angel Round
May 2018
- Employee Count5
Associated legal entities of ANTAR IoT
ANTAR IoT operates through Antar Iot Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Antar Iot Private Limited CIN U74999TG2017PTC120311 | Active | 30 Oct 2017 | Hyderabad, Telangana | ₹0.7 Cr | 5 | 2 | View details |
Products & Services of ANTAR IoT
ANTAR IoT offers a comprehensive portfolio of products and services, including ANTAR IoT Platform, Smart Products, and Industrial IoT Solutions.
A platform for connecting and managing IoT devices efficiently.
Smart devices designed for scalable digital transformation solutions.
Custom IoT solutions for industrial efficiency and sustainability.
Funding Insights of ANTAR IoT
ANTAR IoT has successfully raised a total of $74.25K through 1 strategic funding round. The most recent funding activity was a Angel Round of $74.25 thousand completed in May 2018. 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 $74,247
- Total Rounds 1
- Last Round Angel Round β $74,247
- First Round $74,247
(May 2018)
- Investors Count 3
All 1 funding rounds of ANTAR IoT 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 |
|---|---|---|---|---|---|
| May 2018 | $74,247 | Angel Round | $1.49M | Shirisha Chetty |
| Date | Valuation | Stage |
|---|---|---|
| May 2018 | $1.49M | β’β’β’β’β’β’β’β’ |
Last known valuation $1.49M (May 2018). 3 investors in total: 0 institutional and 3 angel.
Investors in ANTAR IoT
ANTAR IoT has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Shirisha Chetty, Hari Krishna Kumar and Ramesh Babu Kanakamedala.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SC Shirisha Chetty | unknown_044e5c2444f74c6d9 | |||
HK Hari Krishna Kumar | unknown_3b6fd32b7f804b14a | |||
RB Ramesh Babu Kanakamedala | unknown_deefa0a886a14a5cb |
Investor details for ANTAR IoT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Antar Iot Private Limited (ANTAR IoT)
Antar Iot Private Limited is the primary company behind ANTAR IoT. The board of Antar Iot Private Limited currently have 2 directors; the longest-serving is Parvathi Srutha Keerthi Piridi, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parvathi Srutha Keerthi Piridi DIN 03549457 | Director | 30 Oct 2017 | 8 yrs 11 mo | Antar Iot Private Limited |
| Eswarapu Taraka Venkata Ravi DIN 06743341 | Director | 15 Mar 2022 | 4 yrs 7 mo | Antar Iot Private Limited |
People of ANTAR IoT
4 people are tracked at ANTAR IoT (4 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Rajaneesh Vasanta | Founder & CEO | Leadership |
| Head of Strategy & Director | Leadership |
Complete people profiles for ANTAR IoT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ANTAR IoT
Figures of Antar Iot Private Limited, the primary company behind ANTAR IoT, for FY 2024. Revenue was ₹69.9 Lakh (-1% year on year). Net loss was -₹18.4 Lakh (-26% margin). EBITDA was -₹5.3 Lakh (-8% margin). Revenue has grown at a compounded annual rate of +44% over three years and +62% over five years.
- ₹69.9 LakhRevenue · FY 2024 · -1% YoY
- -₹18.4 LakhNet loss · -26% margin
- -₹5.3 LakhEBITDA · -8% margin
- ₹1.2 LakhPaid-up capital
- 5Employees (provident fund records)
- +44%Revenue CAGR, 3 years
- +62%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Antar Iot Private Limited are on its company page.
Detailed financial statements for ANTAR IoT
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.
Timeline of ANTAR IoT
3 dated milestones of ANTAR IoT across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ANTAR IoT is founded.
- Funding First funding round of $74K.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about ANTAR IoT
ANTAR IoT was founded in 2017 and raised its 1st funding round 1 year after it was founded.
ANTAR IoT is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
ANTAR IoT is a funded company, having raised a total of $74.25K across 1 funding round to date. The company's 1st funding round was a Angel Round of $74.25K, raised on May 2018.
ANTAR IoT has 5 employees.
The primary company behind ANTAR IoT, Antar Iot Private Limited, reported revenue of βΉ69.9 Lakh for FY 2024, down 1% year on year.
ANTAR IoT is focused on delivering connected solutions through its advanced IoT platform and hardware for industrial applications. The company operates across sectors like manufacturing, energy, and oil gas, offering products such as smart devices and custom IIoT solutions. Sustainability and efficiency are emphasized through services like energy monitoring and machine monitoring, driving digital transformation for Industry 5.0.
ANTAR IoT offers ANTAR IoT Platform, Smart Products, and Industrial IoT Solutions.
ANTAR IoT has 3 investors. Key investors include Shirisha Chetty, Hari Krishna Kumar, and Ramesh Babu Kanakamedala.
The valuation of ANTAR IoT is $1.49M as of May 2018.
ANTAR IoT operates through Antar Iot Private Limited.
The legal entities of ANTAR IoT currently have 2 directors, including Parvathi Srutha Keerthi Piridi, Eswarapu Taraka Venkata Ravi.