AVARE

Pune, India Founded: 2017 • Age: 9 yrs
Provides IoT platforms, products, and services for industrial applications worldwide.
Annual revenue $538,547 Latest available
Total funding - Funding intelligence
Employees 20 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About AVARE

AVARE is a company based in Pune (India) founded in 2017. It operates as a SaaS and B2B. The company has 20 employees as of March 31, 2023. AVARE offers products and services including Cloud Software, Gateway, End Device, and Sensor. AVARE operates in a competitive market with competitors including Kontakt, UnaBiz, Lantronix, Brickeye and Wind River, among others.

  • Headquarter Pune, India
  • Employees 20 as on 31 Mar, 2023
  • Sectors
    Technology
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Vervetronics Imagineering Pvt Ltd
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $538.55 K (USD)
    135.35
    as on Mar 31, 2023
  • Net Profit
    $32.32 K (USD)
    67.22
    as on Mar 31, 2023
  • EBITDA
    $31.25 K (USD)
    -3.19
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    20

    as on Mar 31, 2023

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Products & Services of AVARE

AVARE offers a comprehensive portfolio of products and services, including Cloud Software, Gateway, End Device, and Sensor.

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Primary

Platform for managed cloud analytics and mobile apps

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Device for interfacing wired and wireless networks

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Battery-powered edge device with sensor support

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Products for monitoring industrial parameters

Funding Insights of AVARE

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Detailed funding history for AVARE

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Investments & Acquisitions by AVARE

Investments
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Investment portfolio details for AVARE

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Financial Statements - AVARE

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Detailed financials for AVARE

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Avare Comparisons

AVARE Primary company
Description
Provides IoT platforms, products, and services for industria...
Location
Pune, India
Founded Year
2017
Annual Revenue
$538.55 K (USD)
Net Profit
$32.32 K (USD)
EBITDA
$31.25 K (USD)
Employees
20
As of 2023
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Peer comparison for AVARE

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Competitors of AVARE

AVARE 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 Kontakt, UnaBiz, Lantronix, Brickeye and Wind River, among others.

Company Name Domain Founded year HQ Location Description
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AI-based location and sensor data insights are provided for businesses.
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IoT product design, manufacturing, and data platform services are provided.
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Provider of end to end IoT components
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Wireless sensor monitoring solutions are offered for construction sites.
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AI and cloud-enabled embedded software is provided for connected systems.
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End-to-end IoT solutions and sensors for enterprises are provided.
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Detailed competitors of AVARE

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Latest news on Avare

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Complete news archive for AVARE

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Frequently Asked Questions about AVARE

AVARE was founded in 2017.

AVARE is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

As of Mar 31, 2023, the latest employee count at AVARE is 20.

Annual revenue of AVARE is $538.55K as on Mar 31, 2023.

AVARE IOT is a platform delivering end-to-end IoT solutions, including sensors, gateways, and cloud software for industrial, automotive, and medical fields. It focuses on improving productivity, reducing maintenance, and optimizing energy through integrated products and customized services. Based in Pune, India, the company serves various industries by offering seamless integration and consulting support.

AVARE's top competitors include UnaBiz, Kontakt and Lantronix.

AVARE offers Cloud Software, Gateway, End Device, and Sensor.

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