Antar Smart Homes

Hyderabad, India Founded: 2018 • Age: 8 yrs
IoT-based smart switches and automation solutions are provided.
Annual revenue $84,453 Latest available
Total funding $211,873 3 rounds
Employees 5 Tracked headcount
Investors 4 Known backers
Products 7 Services tracked
Competitors 9 Brand Intelligence

About Antar Smart Homes

Antar Smart Homes is a company based in Hyderabad (India) founded in 2018. Antar Smart Homes has raised $211.87 thousand across 3 funding rounds from investors including Eswarapu Taraka Venkata Ravi, Hari Krishna Kunam and Ramesh Babu Kanakamedala. The company has 5 employees as of April 05, 2024. Antar Smart Homes offers products and services including 1X Switch, 1X PRO Switch, 2X Switch, 4X Switch, and 8X Switch. Antar Smart Homes operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.

  • Headquarter Hyderabad, India
  • Employees 5 as on 05 Apr, 2024
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Technology
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  • Phone
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  • Website
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  • Legal Name Antar Iot Private Limited
  • Date of Incorporation 30 Oct, 2017
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $84.45 K (USD)
    -20.36
    as on Mar 31, 2023
  • Net Profit
    -$9.23 K (USD)
    43.6
    as on Mar 31, 2023
  • EBITDA
    -$14.54 K (USD)
    -13761.28
    as on Mar 31, 2023
  • Total Equity Funding
    $211.87 K (USD)

    in 3 rounds

  • Latest Funding Round
    $141.4 K (USD), Angel Round

    Oct 28, 2019

  • Investors

    & 3 more

  • Employee Count
    5

    as on Apr 05, 2024

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Products & Services of Antar Smart Homes

Antar Smart Homes offers a comprehensive portfolio of products and services, including 1X Switch, 1X PRO Switch, 2X Switch, 4X Switch, and 8X Switch.

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Primary

Compact switch for controlling home lights and devices remotely.

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Advanced switch with AI for enhanced device automation.

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Dual-control switch for managing multiple appliances.

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Multi-device switch for comprehensive home integration.

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High-capacity switch for extensive automation needs.

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Color-changing switch for customizable lighting effects.

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App for scheduling and monitoring home devices globally.

Funding Insights of Antar Smart Homes

Antar Smart Homes has successfully raised a total of $211.87K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $141.4 thousand completed in October 2019. 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.

Investors in Antar Smart Homes

Antar Smart Homes has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Eswarapu Taraka Venkata Ravi, Hari Krishna Kunam and Ramesh Babu Kanakamedala.

All
Angel
Investor Description Founded Year Domain Location

Eswarapu Taraka Venkata Ravi

Angel investor and tech entrepreneur with focus on early-stage startups in India.
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Hari Krishna Kunam

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Ramesh Babu Kanakamedala

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Investor details for Antar Smart Homes

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Investments & Acquisitions by Antar Smart Homes

Investments
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Investment portfolio details for Antar Smart Homes

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Financial Statements - Antar Smart Homes

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Detailed financials for Antar Smart Homes

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Antar Smart Homes Comparisons

Antar Smart Homes Primary company
Description
IoT-based smart switches and automation solutions are provid...
Location
Hyderabad, India
Founded Year
2018
Annual Revenue
$84.45 K (USD)
Net Profit
-$9.23 K (USD)
EBITDA
-$14.54 K (USD)
Employees
5
As of 2024
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Peer comparison for Antar Smart Homes

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Competitors of Antar Smart Homes

Antar Smart Homes 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 Particle, Signify, Landis+Gyr, PowerSecure and Span.IO, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Automotive lighting equipment is manufactured by Osram in Germany.
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Detailed competitors of Antar Smart Homes

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Latest news on Antar Smart Homes

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Complete news archive for Antar Smart Homes

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Frequently Asked Questions about Antar Smart Homes

Antar Smart Homes was founded in 2018.

Antar Smart Homes is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Antar Smart Homes is a funded company, having raised a total of $211.87K across 3 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Antar Smart Homes is 5.

Annual revenue of Antar Smart Homes is $84.45K as on Mar 31, 2023.

Founded in 2018 and based in Hyderabad, India, operations focus on the IoT sector for smart home automation. Smart switches equipped with artificial intelligence are offered, enabling remote control through a mobile application. Compatibility is ensured with Alexa and Google Home systems. The portfolio centers on hardware solutions for residential automation needs.

Antar Smart Homes's top competitors include Particle, Landis+Gyr and Signify.

Antar Smart Homes offers 1X Switch, 1X PRO Switch, 2X Switch, 4X Switch, and 3 more products and services.

Antar Smart Homes has 4 investors. Key investors include Eswarapu Taraka Venkata Ravi, Hari Krishna Kunam, Ramesh Babu Kanakamedala, and Shirisha Chetty.

The valuation of Antar Smart Homes is $1.55M as of Oct 2019.

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