Discovery

Chennai, India Founded: 2018 • Age: 8 yrs
IoT-led supply chain solutions are delivered via decentralized AI nodes.

About Discovery

Discovery is a company based in Chennai (India) founded in 2018 by kumar T. It operates as a AI-as-a-Service and Blockchain-as-a-Service. The company has 49 employees. Discovery offers products and services including DiscoveryIoT MVP. Discovery operates in a competitive market with competitors including eero, Rajant, goTenna, Magnit and Wirepas, among others.

Key Metrics
  • Annual Revenue
    ₹68.83 Cr

    FY 2025 · +98% YoY

  • Net Profit
    ₹3.12 Cr

    FY 2025 · 5% margin

  • EBITDA
    ₹6.69 Cr

    FY 2025 · 10% margin

  • Employee Count
    49

Products & Services of Discovery

Discovery offers a comprehensive portfolio of products and services, including DiscoveryIoT MVP.

DiscoveryIoT MVP
IoT Solution

A solution for supply chain using IoT technology.

Board of directors of H & S Supply Chain Services Private Limited (Discovery)

H & S Supply Chain Services Private Limited is the primary company behind Discovery. The board of H & S Supply Chain Services Private Limited currently have 2 directors; the longest-serving is Padmanabhan Avanashilingam, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Padmanabhan Avanashilingam
DIN 07056574
Director14 Jan 201511 yrs 8 moH & S Supply Chain Services Private Limited
Gandhimathi Avanashilingam
DIN 07056569
Director21 Aug 20233 yrs 1 moH & S Supply Chain Services Private Limited

People of Discovery

1 people are tracked at Discovery (1 in leadership); the tracked headcount is 49.

NameRoleGroup
kumar T
Co-Founder & CTOLeadership
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Financials of Discovery

Figures of H & S Supply Chain Services Private Limited, the primary company behind Discovery, for FY 2025. Revenue was ₹68.83 Cr (+98% year on year). Net profit was ₹3.12 Cr (5% margin). EBITDA was ₹6.69 Cr (10% margin). Revenue has grown at a compounded annual rate of -6% over three years and +11% over five years.

  • ₹68.83 CrRevenue · FY 2025 · +98% YoY
  • ₹3.12 CrNet profit · 5% margin
  • ₹6.69 CrEBITDA · 10% margin
  • ₹1.48 CrPaid-up capital
  • 49Employees (provident fund records)
  • -6%Revenue CAGR, 3 years
  • +11%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of H & S Supply Chain Services Private Limited are on its company page.

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Detailed financial statements for Discovery

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Competitors of Discovery

Discovery 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 eero, Rajant, goTenna, Magnit and Wirepas, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
eero.com2014San Francisco, United States$90M132
Mesh-based connectivity solutions for IoT applications are provided.
rajant.com2001Malvern, United States$8.05M141
A private wireless mesh network is provided for adaptive communications.
gotenna.com2012Brooklyn, United States$40.84M45
Mobile mesh networking is enabled for off-grid smartphone use.
magnitglobal.com1991Folsom, United States––
Cloud-based vendor management for contingent workforce is provided.
wirepas.com2010Tampere, Finland$74.88M–
Wireless connectivity software for industrial IoT deployments is provided.
readysetsurgical.com2014Cincinnati, United States$15.37M–
Cloud-based inventory tracking for surgical logistics is managed.
veniam.com2012Mountain View, United States$26.94M–
Wireless mesh networks for autonomous vehicles are developed.
meshplusplus.com2017Chicago, United States$6.64M–
Solar-powered mesh networking nodes without cabling are provided.
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Latest news on Discovery

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Similar companies to Discovery

10 companies that operate in the same segment as Discovery (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
Wireless security platform for IoT applications is provided.
2015Palo Alto, California, United StatesUSD 1.17 B––
Blockchain-based connectivity for IoT applications is facilitated.
2017Menlo Park, California, United StatesUSD 50 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based smart locks for residential and commercial access are provided.
2014New York, New York, United StatesUSD 158.55 MUSD 70.12 M–
Keyless smart locks are developed for consumer and commercial applications.
2015Singapore, SingaporeUSD 32.28 M––
Provider of cyber security solutions for asset visibility and threat management
2000San Jose, California, United StatesUSD 120.28 MUSD 4.03 M136
Mesh-based connectivity solutions for IoT applications are provided.
2014San Francisco, California, United StatesUSD 90 M––
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Frequently Asked Questions about Discovery

Discovery was founded in 2018.

Discovery is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Discovery has 49 employees.

The primary company behind Discovery, H & S Supply Chain Services Private Limited, reported revenue of β‚Ή68.83 Cr for FY 2025, up 98% year on year.

Discovery is engaged in transforming supply chain management through innovative technologies. Solutions are powered by blockchain, IoT, artificial intelligence, and edge computing. The company is dedicated to providing advanced tools for optimizing supply chain processes across various sectors.

Discovery's top competitors include eero, goTenna and Rajant.

Discovery offers DiscoveryIoT MVP.

Discovery operates through H & S Supply Chain Services Private Limited.

The legal entities of Discovery currently have 2 directors, including Padmanabhan Avanashilingam, Gandhimathi Avanashilingam.

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