Hetrogenous

Chennai, India Founded: 2003 • Age: 23 yrs Minicorn
M2M products and solutions provider

About Hetrogenous

Hetrogenous is a company based in Chennai (India) founded in 2003 by Lakshminarayana Gopalan, Usha Gopalan, and Lalitha. Hetrogenous has raised $1.02 million across 2 funding rounds from investors including The Chennai Angels, Keiretsu Forum and Sathish Iyer. Hetrogenous operates in a competitive market with competitors including Particle, PTC, Software AG, Relayr and Faclon Labs, among others.

Key Metrics
  • Annual Revenue
    ₹2.08 Cr

    FY 2022 · +393% YoY

  • Net Profit
    ₹22.2 Lakh

    FY 2022 · 11% margin

  • EBITDA
    ₹78.3 Lakh

    FY 2022 · 38% margin

  • Total Equity Funding
    $1.02M (USD)

    in 2 rounds

  • Latest Funding Round
    $780.17K (USD), Seed

    Sep 2017

  • Investors

Funding Insights of Hetrogenous

Hetrogenous has successfully raised a total of $1.02M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $780.17 thousand completed in September 2017. 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 $1.02M
  • Total Rounds 2
  • Last Round Seed β€” $780,165
  • First Round $239,229

    (Oct 2016)

  • Investors Count 10

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2017$780,165Seed––
Oct 2016$239,229Angel Round$2.2MSathish Iyer
Valuation history
DateValuationStage
Oct 2016$2.2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.2M (Oct 2016). 10 investors in total: 2 institutional and 8 angel.

Investors in Hetrogenous

Hetrogenous has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include The Chennai Angels, Keiretsu Forum and Sathish Iyer.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Angel network focused on multiple sectors
2007thechennaiangels.comChennai, India
Accredited investors are networked for private equity funding opportunities.
2000keiretsuforum.comSan Francisco, United States

Sathish Iyer

-
–unknown_e87ab7719be54c38b-

Karthik Sundaram

-
–unknown_3a904aa1a2ef4be4b-

Gopal Venu Vemula

-
–unknown_e287130f43f7455ea-

Unnikrishnan Nair

Angel investor and tech entrepreneur, co-founder of Stashfin, focused on fintech
–unknown_81002a879d584babb-

Natrajan Krishnan

-
–unknown_92d1c4b0eda647e28-

Takehiko Kakiuchi

Angel investor in Indian startups, associated with Mitsubishi Corporation, Japan-India collaborations
–unknown_409ee0d1d6504b31b-

G Gnanasambandam

-
–unknown_d167be31c40c42fe8-

S Suresh

-
–unknown_481767b4fcd3460db-
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Investor details for Hetrogenous

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Board of directors of Hetrogenous Communication Technologies Private Limited (Hetrogenous)

Hetrogenous Communication Technologies Private Limited is the primary company behind Hetrogenous. The board of Hetrogenous Communication Technologies Private Limited currently have 2 directors; the longest-serving is Soundararajan Chakra Balaji, appointed in 2024. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Soundararajan Chakra Balaji
DIN 05122314
Director01 Nov 20241 yr 11 moHetrogenous Communication Technologies Private Limited
Chikkedur Dheerendrachar Ananda
DIN 07546965
Director03 Feb 20268 moHetrogenous Communication Technologies Private Limited

People of Hetrogenous

7 people are tracked at Hetrogenous (5 in leadership, 2 in team).

NameRoleGroup
FounderLeadership
FounderLeadership
Lalitha
FounderLeadership
Karthik Sundaram
President, Global MarketsLeadership
Anush Gopalan
Founder, Chairman And CTOLeadership
Anil Jagadale
Embedded System EngineerTeam
Anusha Anand
Senior Quality Assurance Test EngineerTeam
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Financials of Hetrogenous

Figures of Hetrogenous Communication Technologies Private Limited, the primary company behind Hetrogenous, for FY 2022. Revenue was ₹2.08 Cr (+393% year on year). Net profit was ₹22.2 Lakh (11% margin). EBITDA was ₹78.3 Lakh (38% margin). Revenue has grown at a compounded annual rate of +1% over five years.

  • ₹2.08 CrRevenue · FY 2022 · +393% YoY
  • ₹22.2 LakhNet profit · 11% margin
  • ₹78.3 LakhEBITDA · 38% margin
  • ₹2.27 CrPaid-up capital
  • 28Employees (provident fund records)
  • +1%Revenue CAGR, 5 years

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

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Detailed financial statements for Hetrogenous

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Timeline of Hetrogenous

4 dated milestones of Hetrogenous across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hetrogenous is founded.
  2. Funding First funding round of $239K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $780K.

Competitors of Hetrogenous

Hetrogenous 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 Particle, PTC, Software AG, Relayr and Faclon Labs, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
ptc.com1985Boston, United States–353
PTC is recognized as a global leader in product lifecycle management software.
softwareag.com1969Darmstadt, Germany––
Provider of data integration, application modernization, and digital transformation solutions
relayr.io2013Berlin, Germany$86.2M109
Middleware and IoT solutions are provided for enterprise digital transformation.
faclon.com2016Mumbai, India$2.79M154
Industrial data and AI platform for decision intelligence is offered.
aylanetworks.com2010Milpitas, United States$144.4M75
Provider of a platform for IoT and edge computing applications
vantiq.com2014Walnut Creek, United States$56.39M–
Cloud-based end-to-end IoT platforms are provided by Vantiq.
flutura.com2012Houston, United States$9.62M–
End to end IoT platform for asset monitoring
tslsmart.com2015Beijing, China$899.03M–
Terminus is recognized as a leader in urban AIoT solutions.
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Detailed competitors of Hetrogenous

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Web traffic of Hetrogenous

The website of Hetrogenous (hetrogenous.com) receives about 4.4K visits a month.

  • Monthly visits
    4.4K

    ▲ 23.3% vs previous month

Latest news on Hetrogenous

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Complete news archive for Hetrogenous

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Similar companies to Hetrogenous

10 companies that operate in the same segment as Hetrogenous (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 Hetrogenous

Hetrogenous was founded in 2003 and raised its 1st funding round 13 years after it was founded.

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

Hetrogenous is a funded company, having raised a total of $1.02M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $239.23K, raised on Oct 2016.

The primary company behind Hetrogenous, Hetrogenous Communication Technologies Private Limited, reported revenue of β‚Ή2.08 Cr for FY 2022, up 393% year on year.

Hetrogenous was founded in 2003 in Chennai, India, as a provider of machine-to-machine products and solutions. The flagship STAY Platform framework is used to capture data from various sources, integrate it with contextual information, and deliver it through control sequencing for internet of things applications. Additional solutions are offered in telecommunications, transportation, and elevators sectors. Operations focus on enabling data-driven experiences across these domains.

Hetrogenous's top competitors include Particle, Software AG and PTC.

Hetrogenous has 10 investors. Key investors include The Chennai Angels, Keiretsu Forum, Sathish Iyer, Karthik Sundaram, and Gopal Venu Vemula.

The valuation of Hetrogenous is $2.2M as of Oct 2016.

Hetrogenous operates through Hetrogenous Communication Technologies Private Limited.

The legal entities of Hetrogenous currently have 2 directors, including Chikkedur Dheerendrachar Ananda, Soundararajan Chakra Balaji.

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