Antar Smart Homes

Hyderabad, India Founded: 2018 • Age: 8 yrs Minicorn
IoT-based smart switches and automation solutions are provided.

About Antar Smart Homes

Antar Smart Homes is a Business Services company based in Hyderabad (India) founded in 2018. IoT-based smart switches and automation solutions are provided. It operates in the Business Services, Energy & Utilities, and Technology sectors. 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. Antar Smart Homes was last valued at $1.55 million in October 2019. Its Indian entity Antar Iot Private Limited reported revenue of β‚Ή69.9 Lakh. Antar Smart Homes offers products and services including 1X Switch, 1X PRO Switch, 2X Switch, 4X Switch, and 8X Switch. Its focus areas include Energy Tech, Energy Efficiency Tech, Power Management Devices and Smart Switches and Plugs.

Company details

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.

  • Headquarters Hyderabad, India
  • Employees 5
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
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  • Phone
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  • Website antarsmarthomes.com/index.php
  • Social LinkedIn X Facebook
  • Legal Name Antar Iot Private Limited
  • Date of Incorporation 30 Oct, 2017
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • 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
    $211.87K (USD)

    in 3 rounds

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

    Oct 2019

  • Employee Count
    5

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.

1X Switch
Smart Switch

Compact switch for controlling home lights and devices remotely.

1X PRO Switch
Smart Switch

Advanced switch with AI for enhanced device automation.

2X Switch
Smart Switch

Dual-control switch for managing multiple appliances.

4X Switch
Smart Switch

Multi-device switch for comprehensive home integration.

8X Switch
Smart Switch

High-capacity switch for extensive automation needs.

X-COLORS Switch
Smart Switch

Color-changing switch for customizable lighting effects.

Mobile App
Control App

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.

  • Total Funding $211,873
  • Total Rounds 3
  • Last Round Angel Round β€” $141,402
  • First Round $29,609

    (May 2018)

  • Investors Count 4

All 3 funding rounds of Antar Smart Homes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2019$141,402Angel Round$1.55MEswarapu Taraka Venkata Ravi
–
Oct 2018$40,862Angel Round$1.35MHari Krishna Kunam
May 2018$29,609Angel Round$β€’β€’β€’β€’β€’Shirisha Chetty
–
Valuation history
DateValuationStage
Oct 2019$1.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2018$1.35Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.55M (Oct 2019). 4 investors in total: 0 institutional and 4 angel.

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
InvestorDescriptionFounded YearDomainLocation

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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Shirisha Chetty

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Premium access

Investor details for Antar Smart Homes

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 Smart Homes)

Antar Iot Private Limited is the primary company behind Antar Smart Homes. 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.

DirectorDesignationAppointedTenureEntity
Parvathi Srutha Keerthi Piridi
DIN 03549457
Director30 Oct 20178 yrs 11 moAntar Iot Private Limited
Eswarapu Taraka Venkata Ravi
DIN 06743341
Director15 Mar 20224 yrs 7 moAntar Iot Private Limited

Financials of Antar Smart Homes

Figures of Antar Iot Private Limited, the primary company behind Antar Smart Homes, 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.

Premium access

Detailed financial statements for Antar Smart Homes

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 Smart Homes

4 dated milestones of Antar Smart Homes across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Antar Smart Homes is founded.
  2. Funding First funding round of $30K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $141K.

Top companies in Facility Management Platforms

2 companies that operate in the same segment as Antar Smart Homes (Facility Management Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
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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. The company's 1st funding round was a Angel Round of $29.61K, raised on May 2018.

Antar Smart Homes has 5 employees.

The primary company behind Antar Smart Homes, Antar Iot Private Limited, reported revenue of β‚Ή69.9 Lakh for FY 2024, down 1% year on year.

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 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.

Antar Smart Homes operates through Antar Iot Private Limited.

The legal entities of Antar Smart Homes currently have 2 directors, including Parvathi Srutha Keerthi Piridi, Eswarapu Taraka Venkata Ravi.

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