Cove

Singapore, Singapore Founded: 2015 • Age: 11 yrs Acquired By boAt
Cove is recognized as an end-to-end IoT platform for wearables.

About Cove

Cove is a Technology company based in Singapore (Singapore) founded in 2015 by Sudheendra S, Pawan Gandhi, and Justin Chok Sung Tang, and was acquired by boAt in January 2022. Cove is recognized as an end-to-end IoT platform for wearables. It operates on a Product-as-a-Service and Private Labeling / White Label model. Cove has raised $10.7 million across 2 funding rounds from investors including boAt, Titan Company and YourNest. The company has 52 employees. Its chief executive, as recorded, is Pawan Gandhi. Its Indian entity Kaha Technologies Private Limited reported revenue of ₹13.33 Cr. Cove offers products and services including Smart Watches, Fitness Bands, and Platform Solutions. Its focus areas include Wearable Technology and Smart Wearables.

Company details

Cove is established as an end-to-end IoT platform specializing in smart wearables. Solutions are provided across the value chain, from design and engineering to cloud applications and after-sales support. The company operates in sectors like fitness, wellness, sports, healthcare, and digital payments. Tailored vertical solutions are offered to brands for quick market entry. Innovation is driven through AI, patents, and scalable cloud systems. Partnerships are fostered to reinvent businesses with differentiated wearable products.

  • Headquarters Singapore, Singapore
  • Employees 52
  • Founders Sudheendra S, Pawan Gandhi, Justin Chok Sung Tang
  • Stage Acquired
  • Sectors
    Technology
  • Email
    ••••••••
  • Website coveiot.com
  • Social LinkedIn X Facebook
  • Acquired by boAt (Jan 2022)
  • Legal Name Kaha Pte Ltd
  • Date of Incorporation 04 May, 2016
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹13.33 Cr

    FY 2026 · 0% YoY

  • Indian entity net profit
    ₹1.44 Cr

    FY 2026 · 12% margin

  • Indian entity EBITDA
    ₹1.98 Cr

    FY 2026 · 16% margin

  • Total Equity Funding
    $10.7M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.2M (USD), Series B

    May 2019

  • Investors
    boAt

    & 8 more

  • Employee Count
    52
  • Acquired by
    boAt

    (Jan 2022)

Products & Services of Cove

Cove offers a comprehensive portfolio of products and services, including Smart Watches, Fitness Bands, and Platform Solutions.

Smart Watches
Wearable Technology

Smart watches are offered for fitness and wellness tracking.

Fitness Bands
Wearable Technology

Fitness bands are provided for monitoring health and activity.

Platform Solutions
IoT Platform

IoT platform solutions are developed for wearable integration.

Funding Insights of Cove

Cove has successfully raised a total of $10.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.2 million completed in May 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 $10.7M
  • Total Rounds 2
  • Last Round Series B — $6.2M
  • First Round $4.5M

    (Nov 2017)

  • Investors Count 8

All 2 funding rounds of Cove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2019$6.2MSeries B–ICT Fund
Nov 2017$4.5MSeries A–Metals International
Valuation history

9 investors in total: 9 institutional.

Investors in Cove

Cove has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include boAt, Titan Company and YourNest.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
ictfund.sg
Early-stage DeepTech venture capital funding and support services in India.
2011yournest.inGurugram, India
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
jungle.vc
pritt.co.uk
Industrial materials are supplied by Metals International in Bahrain.
2015metalshome.comSitra, Bahrain
Company offering diverse collection of watches for men, women, and children, featuring various styles from formal to casual
1984titan.co.inBengaluru, India
internetofthingsasia.com
Personal audio products, wearables, and mobile accessories are retailed.
2016boat-lifestyle.comGurugram, India
Premium access

Investor details for Cove

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Kaha Technologies Private Limited (Cove)

Kaha Technologies Private Limited is the primary company behind Cove. The board of Kaha Technologies Private Limited currently have 3 directors; the longest-serving is Sudheendra Shantharam, appointed in 2016. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sudheendra Shantharam
DIN 06606272
Whole-time director04 May 201610 yrs 6 moKaha Technologies Private Limited
Vivek Gambhir
DIN 06527810
Director03 Feb 20224 yrs 9 moKaha Technologies Private Limited
Rakesh Thakur
DIN 10427117
Director14 Dec 20232 yrs 11 moKaha Technologies Private Limited

People of Cove

26 people are tracked at Cove (11 in leadership, 15 in team); the tracked headcount is 52.

NameRoleGroup
Sudheendra S
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
Justin Chok Sung Tang
Co-Founder & COOLeadership
Sudheendra
CTO & Co-FounderLeadership
Justin Tang
COO & Co-FounderLeadership
Sim Seo Lay
Head of Business Development & OperationsLeadership
Mukund Mani
Head Of ProductsLeadership
Seo Lay Sim
Head of Business Development & OperationsLeadership
Co-Founder & CTOLeadership
龙 郭
Head of RDLeadership
Calvin Zhang
Head of China OperationsLeadership
Mohammed Sulaiman
Ios EngineerTeam
Annabelle Jane Poh Wen Lin
Operations ExecutiveTeam
Jiva Ram
iOS DeveloperTeam
Saurabh Kumar Bhattacharjee
Senior Software EngineerTeam
Aravind S
Senior Product OwnerTeam
Hariprasad Ganesan
Senior QA EngineerTeam
Karuna Kumar
Technical ArchitectTeam
Santosh Prabhu
Solutions ArchitectTeam
Vasavi Rachapalli
Software EngineerTeam

6 more people are available in the full profile.

Premium access

Complete people profiles for Cove

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Cove

Figures of Kaha Technologies Private Limited, the primary company behind Cove, for FY 2026. Revenue was ₹13.33 Cr (0% year on year). Net profit was ₹1.44 Cr (12% margin). EBITDA was ₹1.98 Cr (16% margin). Revenue has grown at a compounded annual rate of -6% over three years and +6% over five years.

  • ₹13.33 CrRevenue · FY 2026 · 0% YoY
  • ₹1.44 CrNet profit · 12% margin
  • ₹1.98 CrEBITDA · 16% margin
  • ₹1 LakhPaid-up capital
  • 67Employees (provident fund records)
  • -6%Revenue CAGR, 3 years
  • +6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kaha Technologies Private Limited are on its company page.

Premium access

Detailed financial statements for Cove

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 Cove

4 dated milestones of Cove across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cove is founded.
  2. Funding First funding round of $4.5M.
  3. Funding Latest funding round, Series B, of $6.2M.
  4. Exit Acquired by boAt.

Web traffic of Cove

The website of Cove (coveiot.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 84.2% vs previous month

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Cove

Premium access

Complete news archive for Cove

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Cove

Cove was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Cove is headquartered in Singapore, Singapore.

Pawan Gandhi is the CEO of Cove, as recorded in our data. They have also founded this company.

Cove is a funded company, having raised a total of $10.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.5M, raised on Nov 2017.

Cove has 52 employees.

The primary company behind Cove, Kaha Technologies Private Limited, reported revenue of ₹13.33 Cr for FY 2026, down 0% year on year.

Cove is established as an end-to-end IoT platform specializing in smart wearables. Solutions are provided across the value chain, from design and engineering to cloud applications and after-sales support. The company operates in sectors like fitness, wellness, sports, healthcare, and digital payments. Tailored vertical solutions are offered to brands for quick market entry. Innovation is driven through AI, patents, and scalable cloud systems. Partnerships are fostered to reinvent businesses with differentiated wearable products.

Cove offers Smart Watches, Fitness Bands, and Platform Solutions.

Cove has 9 investors. Key investors include boAt, Titan Company, YourNest, ICT Fund, and Pritt & Co.

Cove operates through Kaha Technologies Private Limited.

Yes. Cove was acquired by boAt in January 2022.

The legal entities of Cove currently have 3 directors, including Rakesh Thakur, Vivek Gambhir, Sudheendra Shantharam.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available