eGlu

Bengaluru, India Founded: 2013 • Age: 13 yrs
IoT solutions for home automation and security are offered.
Annual revenue $588,184 Latest available
Total funding $653,690 2 rounds
Employees 41 Tracked headcount
Investors 21 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About eGlu

eGlu is a company based in Bengaluru (India) founded in 2013 by Amit Premy. eGlu has raised $653.69 thousand across 2 funding rounds from investors including Foxconn Electronics, Payal Saboo and Monika Damani. The company has 41 employees as of April 02, 2024. eGlu offers products and services including Elegant Intuitions App and Home Ambience Mastery. eGlu operates in a competitive market with competitors including Vivint, ADT, Alarm.com, ecobee and Nest, among others.

  • Headquarter Bengaluru, India
  • Employees 41 as on 02 Apr, 2024
  • Founders Amit Premy
  • Stage Minicorn
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Wizn Systems Private Limited
  • Date of Incorporation 20 Aug, 2013
  • Jurisdiction Bangalore, Karnataka, 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
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $588.18 K (USD)
    24.5
    as on Mar 31, 2023
  • Net Profit
    -$127.81 K (USD)
    -149.78
    as on Mar 31, 2023
  • EBITDA
    -$47.72 K (USD)
    -8.7
    as on Mar 31, 2023
  • Total Equity Funding
    $653.69 K (USD)

    in 2 rounds

  • Latest Funding Round
    $255.42 K (USD), Angel Round

    Jul 27, 2021

  • Investors
  • Employee Count
    41

    as on Apr 02, 2024

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Products & Services of eGlu

eGlu offers a comprehensive portfolio of products and services, including Elegant Intuitions App and Home Ambience Mastery.

Product name locked
Category locked
Primary

App for controlling and managing smart home devices remotely.

Product name locked
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Platform for enhancing home environments with smart features.

Funding Insights of eGlu

eGlu has successfully raised a total of $653.69K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $255.42 thousand completed in July 2021. 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 eGlu

eGlu has secured backing from 21 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Foxconn Electronics, Payal Saboo and Monika Damani.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage consumer brand companies are invested in by Fireside Ventures.
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Electronic products and components are manufactured globally by Foxconn.
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Manufactures AI servers and cloud infrastructure for global enterprises.
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Investor details for eGlu

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Investments & Acquisitions by eGlu

Investments
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Investment portfolio details for eGlu

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Financial Statements - eGlu

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Eglu Comparisons

eGlu Primary company
Description
IoT solutions for home automation and security are offered.
Location
Bengaluru, India
Founded Year
2013
Annual Revenue
$588.18 K (USD)
Net Profit
-$127.81 K (USD)
EBITDA
-$47.72 K (USD)
Employees
41
As of 2024
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Peer comparison for eGlu

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Competitors of eGlu

eGlu 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 Vivint, ADT, Alarm.com, ecobee and Nest, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based smart security cameras are manufactured for home use.
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Cloud-based surveillance solutions for home and business security are provided.
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Cloud-based video intercoms and physical security systems are provided.
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Provider of smart thermostats for commercial and residential applications
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Provider of hardware and software for monitoring home energy consumption
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IoT connectivity platform from prototype to production is developed.
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Detailed competitors of eGlu

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Latest news on Eglu

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Complete news archive for eGlu

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Frequently Asked Questions about eGlu

eGlu was founded in 2013 and raised its 1st funding round 3 years after it was founded.

eGlu is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Amit Premy is the current CEO of eGlu. They have also founded this company.

eGlu is a funded company, having raised a total of $653.69K across 2 funding rounds to date.

As of Apr 02, 2024, the latest employee count at eGlu is 41.

Annual revenue of eGlu is $588.18K as on Mar 31, 2023.

Family of technology products by WiZN Systems, providing benefits like security and energy savings. Allows users to control and monitor all the connected things at their home using a smartphone. The eGlu hub can be plugged and connected to the Wifi router, with the mobile app displaying all the connected things which can be controlled, monitored and smarten them by making rules - actions based on the events. Raised an undisclosed angel round from Taiwans Foxconn, maker of Apple phones and angel investors.

eGlu's top competitors include Vivint, Nest and Atomberg.

eGlu offers Elegant Intuitions App and Home Ambience Mastery.

eGlu has 21 investors. Key investors include Foxconn Electronics, Payal Saboo, Monika Damani, Arvind Pawaskar, and Anant Pawaskar.

The valuation of eGlu is $6.33M as of Jul 2021.

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