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
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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 Latigid Engineering Private Limited
- Date of Incorporation 30 Jun, 2017
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$10.58 K (USD)-9.46as on Mar 31, 2022
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Net Profit
$-32.01 K (USD)-577.07as on Mar 31, 2022
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EBITDA
$-34.88 K (USD)-303.17as on Mar 31, 2022
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Total Equity Funding
$397.71 K (USD)
in 3 rounds
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Latest Funding Round
$108.56 K (USD), Angel Round
Mar 05, 2024
- Investors
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform integrating smart home devices into one app for control
App for remote management of smart home environments and settings
Sensors and monitoring for home protection and peace of mind
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 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $108,562
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Angel Round - Aura Smart | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Aura Smart | Valuation | Chiratae Ventures |
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| Jun, 2021 | Amount | Seed - Aura Smart | Valuation | Chiratae Ventures |
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| 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 Aura Smart
Aura Smart has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Chiratae Ventures. 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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Venture capital fund focused on seed-stage startups
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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 Aura Smart
| 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 |
Financial Statements - Aura Smart
| 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 |
Aura Smart Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
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| domain | founded_year | HQ Location |
Home automation is enabled through internet-connected devices and sensors.
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| domain | founded_year | HQ Location |
Smart apartment management solutions are offered for managers and residents.
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| domain | founded_year | HQ Location |
Various connected devices are integrated via a smart home hub.
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| domain | founded_year | HQ Location |
Smart home automation solutions are provided for luxury residences.
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| domain | founded_year | HQ Location |
Smart home automation systems and control apps are provided.
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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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Frequently Asked Questions about Aura Smart
When was Aura Smart founded?
Aura Smart was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Aura Smart located?
Aura Smart is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Aura Smart a funded company?
Aura Smart is a funded company, having raised a total of $397.71K across 3 funding rounds to date.
What is the annual revenue of Aura Smart?
Annual revenue of Aura Smart is $10.58K as on Mar 31, 2022.
What does Aura Smart do?
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.
Who are the top competitors of Aura Smart?
Aura Smart's top competitors include Savant Systems, SmartThings and IOTAS.
What products or services does Aura Smart offer?
Aura Smart offers Aura OS, Aura App, Security Services, and Automation Services.
Who are Aura Smart's investors?
Aura Smart has 1 investor. Key investors include Chiratae Ventures.
What is Aura Smart's valuation?
The valuation of Aura Smart is $2.17M as of Mar 2024.