About Contera
Contera is a Technology company based in Pune (India) founded in 2014. Application and IoT development services are provided by Contera. Contera has raised $797.3 thousand across 3 funding rounds from investors including Sukhdevbhai Maganbhai Prajapati, Mithil Mehta and Devansh Sharma. The company has 15 employees. Contera was last valued at $6.67 million in April 2019. Its Indian entity Contera Engineering Private Limited reported revenue of ₹2.41 Cr. Contera offers products and services including IoT Product Development, Android and iOS Apps, Embedded Hardware Design, Embedded Software Development, and Web and Admin Applications. Its focus areas include Business Services, IT Services, Application Development and Horizontal.
Company details
Contera was founded in 2014 and is based in Pune, India. Services in application development and Internet of Things (IoT) solutions are offered within the technology sector. Custom software projects are handled, with operations focused on development and integration for various clients. The companys domain, contera.in, supports its digital outreach. Activities remain centered on practical tech implementations in the Indian market.
- Headquarters Pune, India
- Employees 15
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website contera.in
- Legal Name Contera Engineering Private Limited
- Date of Incorporation 15 Apr, 2015
- Jurisdiction Vadodara, Gujarat, India
- Annual Revenue₹2.41 Cr
FY 2024 · +8% YoY
- Net Loss-₹47.7 Lakh
FY 2024 · -20% margin
- EBITDA-₹45 Lakh
FY 2024 · -19% margin
- Total Equity Funding$797.3K (USD)
in 3 rounds
- Latest Funding Round$278.39K (USD), Seed
Apr 2019
- Employee Count15
Associated legal entities of Contera
Contera operates through Contera Engineering Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Contera Engineering Private Limited CIN U74990GJ2015PTC082897 | Active | 15 Apr 2015 | Vadodara, Gujarat | ₹2.4 Cr | 15 | 2 | View details |
Products & Services of Contera
Contera offers a comprehensive portfolio of products and services, including IoT Product Development, Android and iOS Apps, Embedded Hardware Design, Embedded Software Development, and Web and Admin Applications.
Comprehensive services for creating IoT-enabled electronic products
Apps for controlling and monitoring IoT devices quickly
Design and testing of PCBs for IoT hardware solutions
SDK creation for WiFi modules in IoT systems
Dashboards for analytics and control of IoT devices
Funding Insights of Contera
Contera has successfully raised a total of $797.3K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $278.39 thousand completed in April 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 $797,296
- Total Rounds 3
- Last Round Seed — $278,394
- First Round $357,198
(May 2017)
- Investors Count 3
All 3 funding rounds of Contera with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $278,394 | Seed | $6.67M | – | |
| Oct 2018 | $161,704 | Seed | $3.55M | – | – |
| May 2017 | $357,198 | Seed | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2019 | $6.67M | •••••••• |
| Oct 2018 | $3.55M | •••••••• |
| May 2017 | $••••• | •••••••• |
Full valuation and stage history of Contera
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.67M (Apr 2019). 3 investors in total: 0 institutional and 3 angel.
Investors in Contera
Contera has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Sukhdevbhai Maganbhai Prajapati, Mithil Mehta and Devansh Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SM Sukhdevbhai Maganbhai Prajapati | unknown_37f21df5458543518 | |||
MM Mithil Mehta | unknown_683670e342b94bec8 | |||
DS Devansh Sharma | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_18a8650faf32456fa |
Investor details for Contera
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Contera Engineering Private Limited (Contera)
Contera Engineering Private Limited is the primary company behind Contera. The board of Contera Engineering Private Limited currently have 2 directors; the longest-serving is Jigneshkumar Arvindbhai Patel, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jigneshkumar Arvindbhai Patel DIN 07095336 | Director | 15 Apr 2015 | 11 yrs 6 mo | Contera Engineering Private Limited |
| Devansh Shailendra Sharma DIN 06827906 | Director | 15 Apr 2015 | 11 yrs 6 mo | Contera Engineering Private Limited |
Financials of Contera
Figures of Contera Engineering Private Limited, the primary company behind Contera, for FY 2024. Revenue was ₹2.41 Cr (+8% year on year). Net loss was -₹47.7 Lakh (-20% margin). EBITDA was -₹45 Lakh (-19% margin). Revenue has grown at a compounded annual rate of +34% over three years and +17% over five years.
- ₹2.41 CrRevenue · FY 2024 · +8% YoY
- -₹47.7 LakhNet loss · -20% margin
- -₹45 LakhEBITDA · -19% margin
- ₹10.9 LakhPaid-up capital
- 15Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Contera Engineering Private Limited are on its company page.
Detailed financial statements for Contera
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 Contera
4 dated milestones of Contera across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Contera is founded.
- Funding First funding round of $357K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $278K.
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Related news about Contera
Complete news archive for Contera
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Frequently Asked Questions about Contera
Contera was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Contera is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Contera is a funded company, having raised a total of $797.3K across 3 funding rounds to date. The company's 1st funding round was a Seed of $357.2K, raised on May 2017.
Contera has 15 employees.
The primary company behind Contera, Contera Engineering Private Limited, reported revenue of ₹2.41 Cr for FY 2024, up 8% year on year.
Contera was founded in 2014 and is based in Pune, India. Services in application development and Internet of Things (IoT) solutions are offered within the technology sector. Custom software projects are handled, with operations focused on development and integration for various clients. The companys domain, contera.in, supports its digital outreach. Activities remain centered on practical tech implementations in the Indian market.
Contera offers IoT Product Development, Android and iOS Apps, Embedded Hardware Design, Embedded Software Development, and Web and Admin Applications.
Contera has 3 investors. Key investors include Sukhdevbhai Maganbhai Prajapati, Mithil Mehta, and Devansh Sharma.
The valuation of Contera is $6.67M as of Apr 2019.
Contera operates through Contera Engineering Private Limited.
The legal entities of Contera currently have 2 directors, including Jigneshkumar Arvindbhai Patel, Devansh Shailendra Sharma.