Aviconn

Gurugram, India Founded: 2015 • Age: 11 yrs
Provider of products for home automation
Annual revenue $107,193 Latest available
Total funding $421,109 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Aviconn

Aviconn is a company based in Gurugram (India) founded in 2015 by Manish Gupta and Tapan Kapoor. Aviconn has raised $421.11 thousand across 3 funding rounds from investors including Salil Garg. Aviconn offers products and services including Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights. Aviconn operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

  • Headquarter Gurugram, India
  • Founders Manish Gupta, Tapan Kapoor
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Email
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  • Website
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  • Legal Name Aviconn Solutions Private Limited
  • Date of Incorporation 23 Oct, 2015
  • Jurisdiction Air Force, Haryana, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $107.19 K (USD)
    21.32
    as on Mar 31, 2023
  • Net Profit
    $37.52 K (USD)
    385.18
    as on Mar 31, 2023
  • EBITDA
    $43.96 K (USD)
    204.72
    as on Mar 31, 2023
  • Total Equity Funding
    $421.11 K (USD)

    in 3 rounds

  • Latest Funding Round
    $169.49 K (USD), Angel Round

    May 30, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Aviconn

Aviconn offers a comprehensive portfolio of products and services, including Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights.

Product name locked
Category locked
Primary

Monitors warehouse activity to control and reduce energy consumption.

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Activates lights during activity and deactivates when idle.

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Adjusts appliances based on temperature and activity levels.

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Collects data for improving warehouse operational efficiencies.

Funding Insights of Aviconn

Aviconn has successfully raised a total of $421.11K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $169.49 thousand completed in May 2023. 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 Aviconn

Aviconn has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Salil Garg.

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Angel
Investor Description Founded Year Domain Location

Salil Garg

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Investor details for Aviconn

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Investments & Acquisitions by Aviconn

Investments
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Investment portfolio details for Aviconn

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Financial Statements - Aviconn

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Detailed financials for Aviconn

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Aviconn Comparisons

Aviconn Primary company
Description
Provider of products for home automation
Location
Gurugram, India
Founded Year
2015
Annual Revenue
$107.19 K (USD)
Net Profit
$37.52 K (USD)
EBITDA
$43.96 K (USD)
Employees
Not available
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Peer comparison for Aviconn

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Competitors of Aviconn

Aviconn 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, Danfoss, Landis+Gyr and Tibber, 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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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Detailed competitors of Aviconn

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Latest news on Aviconn

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Complete news archive for Aviconn

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Frequently Asked Questions about Aviconn

Aviconn was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Aviconn is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Aviconn is a funded company, having raised a total of $421.11K across 3 funding rounds to date.

Annual revenue of Aviconn is $107.19K as on Mar 31, 2023.

Aviconn was founded in 2015 and is based in Gurugram, India. Operations focus on the home automation sector, where a platform for smart lighting is provided alongside video monitoring devices for security. Air sensors are supplied to detect quality levels and alert for fire risks, while energy consumption monitoring solutions are offered with recommendations for reduction.

Aviconn's top competitors include Particle, Landis+Gyr and Danfoss.

Aviconn offers Warehouse Energy Saving Solution, Optimized Lighting, Intelligent Appliance Control, and Data Insights.

Aviconn has 1 investor. Key investors include Salil Garg.

The valuation of Aviconn is $3.67M as of May 2023.

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