Aura Smart

Bengaluru, India Founded: 2016 • Age: 10 yrs
Provider of smart home services
Annual revenue $10,579 Latest available
Total funding $397,711 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Aura Smart

Aura Smart is a company based in Bengaluru (India) founded in 2016 by Abrar Ahmed. Aura Smart has raised $397.71 thousand across 3 funding rounds from investors including Chiratae Ventures. Aura Smart offers products and services including Aura OS, Aura App, Security Services, and Automation Services. Aura Smart operates in a competitive market with competitors including Savant Systems, SmartThings, Dwelo, IOTAS and Keus, among others.

  • Headquarter Bengaluru, India
  • Founders Abrar Ahmed
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Latigid Engineering Private Limited
  • Date of Incorporation 30 Jun, 2017
  • Jurisdiction Indore, Madhya Pradesh, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.58 K (USD)
    -9.46
    as on Mar 31, 2022
  • Net Profit
    -$32.01 K (USD)
    -577.07
    as on Mar 31, 2022
  • EBITDA
    -$34.88 K (USD)
    -303.17
    as on Mar 31, 2022
  • Total Equity Funding
    $397.71 K (USD)

    in 3 rounds

  • Latest Funding Round
    $108.56 K (USD), Angel Round

    Mar 05, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Aura Smart

Aura Smart offers a comprehensive portfolio of products and services, including Aura OS, Aura App, Security Services, and Automation Services.

Product name locked
Category locked
Primary

Platform integrating smart home devices into one app for control

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App for remote management of smart home environments and settings

Product name locked
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Sensors and monitoring for home protection and peace of mind

Product name locked
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Control systems for lighting and temperature in smart homes

Funding Insights of Aura Smart

Aura Smart has successfully raised a total of $397.71K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $108.56 thousand completed in March 2024. 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 Aura Smart

Aura Smart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Chiratae Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on seed-stage startups
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Investments & Acquisitions by Aura Smart

Investments
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Investment portfolio details for Aura Smart

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Financial Statements - Aura Smart

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Aura Smart Comparisons

Aura Smart Primary company
Description
Provider of smart home services
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$10.58 K (USD)
Net Profit
-$32.01 K (USD)
EBITDA
-$34.88 K (USD)
Employees
Not available
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Peer comparison for Aura Smart

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Competitors of Aura Smart

Aura Smart 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 Savant Systems, SmartThings, Dwelo, IOTAS and Keus, among others.

Company Name Domain Founded year HQ Location Description
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Connected devices are managed via an app and hub system.
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Home automation is enabled through internet-connected devices and sensors.
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Smart apartment management solutions are offered for managers and residents.
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Various connected devices are integrated via a smart home hub.
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Smart home automation solutions are provided for luxury residences.
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Smart home automation systems and control apps are provided.
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Detailed competitors of Aura Smart

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Latest news on Aura Smart

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Frequently Asked Questions about Aura Smart

Aura Smart was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Aura Smart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Aura Smart is a funded company, having raised a total of $397.71K across 3 funding rounds to date.

Annual revenue of Aura Smart is $10.58K as on Mar 31, 2022.

Aura Smart, established in 2016, excels in high tech, smart homes, home automation controllers, hubs, and software platforms. Provider of smart home services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Aura Smart's top competitors include Savant Systems, SmartThings and IOTAS.

Aura Smart offers Aura OS, Aura App, Security Services, and Automation Services.

Aura Smart has 1 investor. Key investors include Chiratae Ventures.

The valuation of Aura Smart is $2.17M as of Mar 2024.

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