About Helios IoT
Helios IoT is a Technology company based in Pune (India) founded in 2017. Provider of solar power plant performance analytics solutions. It operates in the Technology and Energy & Utilities sectors. Helios IoT has raised $161 million across 3 funding rounds from investors including Tiger Global and Smile Gate Investment. The company has 18 employees. Its Indian entity Helios Iot Systems Private Limited reported revenue of ₹5.01 Cr. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Monitoring.
Company details
Helios was founded in 2017 in Pune, India, within the solar energy sector. Performance analytics solutions for solar power plants are offered through a software-as-a-service platform. Digital twin technology is utilized to enable portfolio management, health analysis, operational insights, failure detection, and solar forecasting. Operations focus on supporting solar companies with data-driven tools for plant efficiency.
- Headquarters Pune, India
- Employees 18
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Website heliosiot.com
- Legal Name Helios Iot Systems Private Limited
- Date of Incorporation 02 Aug, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹5.01 Cr
FY 2025 · -42% YoY
- Net Loss-₹73.7 Lakh
FY 2025 · -15% margin
- EBITDA-₹63.3 Lakh
FY 2025 · -13% margin
- Total Equity Funding$161M (USD)
in 3 rounds
- Latest Funding Round$150M (USD), Series C
Aug 2021
- InvestorsTiger Global
& 1 more
- Employee Count18
Associated legal entities of Helios IoT
Helios IoT operates through Helios Iot Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Helios Iot Systems Private Limited CIN U72900PN2017PTC171782 | Active | 02 Aug 2017 | Pune, Maharashtra | ₹5.0 Cr | 18 | 4 | View details |
Funding Insights of Helios IoT
Helios IoT has successfully raised a total of $161M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in August 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.
- Total Funding $161M
- Total Rounds 3
- Last Round Series C — $150M
- First Round $11M
(May 2018)
- Investors Count 2
All 3 funding rounds of Helios IoT 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 |
|---|---|---|---|---|---|
| Aug 2021 | $150M | Series C | – | – | |
| Apr 2021 | Series B | – | – | – | |
| May 2018 | $11M | Series B | – | – |
2 investors in total: 2 institutional.
Investors in Helios IoT
Helios IoT has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tiger Global and Smile Gate Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Private equity investment firm focused on buyouts | smilegateinvestment.com | Seoul, South Korea |
Investor details for Helios IoT
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 Helios Iot Systems Private Limited (Helios IoT)
Helios Iot Systems Private Limited is the primary company behind Helios IoT. The board of Helios Iot Systems Private Limited currently have 4 directors; the longest-serving is Milind Madhusudan Barve, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Madhusudan Barve DIN 07240157 | Director | 02 Aug 2017 | 9 yrs 2 mo | Helios Iot Systems Private Limited |
| Nitin Suhas Tappe DIN 07240161 | Director | 02 Aug 2017 | 9 yrs 2 mo | Helios Iot Systems Private Limited |
| Prashant Vishalbabu Anaskure DIN 07240164 | Director | 09 Apr 2018 | 8 yrs 6 mo | Helios Iot Systems Private Limited |
| Keyur Kishorkumar Gandhi DIN 08099024 | Director | 09 Apr 2018 | 8 yrs 6 mo | Helios Iot Systems Private Limited |
Financials of Helios IoT
Figures of Helios Iot Systems Private Limited, the primary company behind Helios IoT, for FY 2025. Revenue was ₹5.01 Cr (-42% year on year). Net loss was -₹73.7 Lakh (-15% margin). EBITDA was -₹63.3 Lakh (-13% margin). Revenue has grown at a compounded annual rate of +25% over three years.
- ₹5.01 CrRevenue · FY 2025 · -42% YoY
- -₹73.7 LakhNet loss · -15% margin
- -₹63.3 LakhEBITDA · -13% margin
- ₹6.9 LakhPaid-up capital
- 18Employees (provident fund records)
- +25%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Helios Iot Systems Private Limited are on its company page.
Detailed financial statements for Helios IoT
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 Helios IoT
3 dated milestones of Helios IoT across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Helios IoT is founded.
- Funding First funding round of $11.0M.
- Funding Latest funding round, Series C, of $150.0M.
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Frequently Asked Questions about Helios IoT
Helios IoT was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Helios IoT is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Helios IoT is a funded company, having raised a total of $161M across 3 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on May 2018.
Helios IoT has 18 employees.
The primary company behind Helios IoT, Helios Iot Systems Private Limited, reported revenue of ₹5.01 Cr for FY 2025, down 42% year on year.
Helios was founded in 2017 in Pune, India, within the solar energy sector. Performance analytics solutions for solar power plants are offered through a software-as-a-service platform. Digital twin technology is utilized to enable portfolio management, health analysis, operational insights, failure detection, and solar forecasting. Operations focus on supporting solar companies with data-driven tools for plant efficiency.
Helios IoT has 2 investors. Key investors include Tiger Global, and Smile Gate Investment.
Helios IoT operates through Helios Iot Systems Private Limited.
The legal entities of Helios IoT currently have 4 directors, including Milind Madhusudan Barve, Nitin Suhas Tappe, Prashant Vishalbabu Anaskure and others.