About Ikin
Ikin is a company based in Kochi (India) founded in 2022 by Nibu Alias, Arjun Sarath, Sabarish Prakash, Ani Abraham Joy, Biniyas Valiyaveettil, and Midhun Skaria was acquired by Openapp in March 2022. Ikin has raised $3 million across 2 funding rounds from investors including Unicorn India Ventures, Openapp and Callapina. Ikin offers products and services including Door Lock Ultra, Door Lock Max SE, Door Lock Max, Padlock HD, and 4G GPS Truck Lock. Ikin operates in a competitive market with competitors including Assa Abloy, Openpath, Level, igloohome and Brivo, among others.
- Headquarter Kochi, India
- Founders Nibu Alias, Arjun Sarath, Sabarish Prakash, Ani Abraham Joy, Biniyas Valiyaveettil, Midhun Skaria
- SectorsIndustrial Goods & ManufacturingTechnology
- Email••••••••
- Phone•••• ••••
- Website ikinglobal.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Openapp (Mar 2022)
- Legal Name Sectorqube Technolabs Private Limited,
- Date of Incorporation 24 Feb, 2012
- Jurisdiction Ernakulam, Kerala, India
- Annual Revenue₹1.51 Cr
FY 2024 · -52% YoY
- Net Loss-₹35.7 Lakh
FY 2024 · -24% margin
- EBITDA-₹22.6 Lakh
FY 2024 · -15% margin
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Jun 2026
- InvestorsUnicorn India Ventures
& 3 more
- Acquired byOpenapp
(Mar 2022)
Associated legal entities of Ikin
Ikin operates through Sectorqube Technolabs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sectorqube Technolabs Private Limited CIN U72900KL2012PTC030600 | Active | 24 Feb 2012 | Ernakulam, Kerala | ₹1.5 Cr | 27 | 6 | View details |
Products & Services of Ikin
Ikin offers a comprehensive portfolio of products and services, including Door Lock Ultra, Door Lock Max SE, Door Lock Max, Padlock HD, and 4G GPS Truck Lock.
Premium lock with fingerprint and Bluetooth for home security
Budget lock offering fingerprint storage and Bluetooth access
Cost-effective lock with multiple access options for users
Durable padlock for securing assets and premises
GPS-enabled lock for tracking and securing vehicles
Apps and channels of Ikin
its YouTube channel Ikin Global has 77 subscribers and 16 videos.
Videos from Ikin
The most watched videos on Ikin's YouTube channel, Ikin Global (77 subscribers). Click a video to play it here.
More on Ikin Global.
Funding Insights of Ikin
Ikin has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 2026. 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 $3M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $1M
(Nov 2024)
- Investors Count 3
All 2 funding rounds of Ikin 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 |
|---|---|---|---|---|---|
| Jun 2026 | $2M | Seed | – | Unicorn India Ventures | |
| Nov 2024 | $1M | Seed | – | Unicorn India Ventures, Callapina | – |
4 investors in total: 4 institutional.
Investors in Ikin
Ikin has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Unicorn India Ventures, Openapp and Callapina.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | unicornivc.com | Mumbai, India | |
Venture capital firm focused on multiple sectors | – | callapina.com | Mumbai, India | |
- | – | awefunds.com | - | |
Smart locks and fingerprint-based security systems are manufactured. | 2015 | openapp.com | Bengaluru, India |
Investor details for Ikin
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 Sectorqube Technolabs Private Limited (Ikin)
Sectorqube Technolabs Private Limited is the primary company behind Ikin. The board of Sectorqube Technolabs Private Limited currently have 6 directors; the longest-serving is Nibu Alias, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nibu Alias DIN 05132923 | Director | 24 Feb 2012 | 14 yrs 7 mo | Sectorqube Technolabs Private Limited |
| Sabarish Prakash DIN 05132909 | Director | 24 Feb 2012 | 14 yrs 7 mo | Sectorqube Technolabs Private Limited |
| Midhun Skaria DIN 05132930 | Director | 24 Feb 2012 | 14 yrs 7 mo | Sectorqube Technolabs Private Limited |
| Ani Abraham Joy DIN 05132779 | Director | 24 Feb 2012 | 14 yrs 7 mo | Sectorqube Technolabs Private Limited |
| Binyas Valiyaveettil Latheef DIN 07608111 | Director | 15 Dec 2016 | 9 yrs 9 mo | Sectorqube Technolabs Private Limited |
| Arjun Sarath DIN 07759826 | Director | 15 Dec 2016 | 9 yrs 9 mo | Sectorqube Technolabs Private Limited |
People of Ikin
6 people are tracked at Ikin (6 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Biniyas Valiyaveettil | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Ikin
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 Ikin
Figures of Sectorqube Technolabs Private Limited, the primary company behind Ikin, for FY 2024. Revenue was ₹1.51 Cr (-52% year on year). Net loss was -₹35.7 Lakh (-24% margin). EBITDA was -₹22.6 Lakh (-15% margin). Revenue has grown at a compounded annual rate of -3% over three years and +22% over five years.
- ₹1.51 CrRevenue · FY 2024 · -52% YoY
- -₹35.7 LakhNet loss · -24% margin
- -₹22.6 LakhEBITDA · -15% margin
- ₹9.4 LakhPaid-up capital
- 27Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sectorqube Technolabs Private Limited are on its company page.
Detailed financial statements for Ikin
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 Ikin
4 dated milestones of Ikin across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ikin is founded.
- Exit Acquired by Openapp.
- Funding First funding round of $1.0M.
- Funding Latest funding round, Seed, of $2.0M.
Competitors of Ikin
Ikin 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 Assa Abloy, Openpath, Level, igloohome and Brivo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| assaabloy.com | 1994 | Stockholm, Sweden | – | 9,172 | Provider of cloud-based access control systems | |
| openpath.com | 2016 | Culver, United States | $63M | 83 | Cloud-based access control systems with mobile credentials are provided. | |
| level.co | 2010 | Redwood, United States | $171M | – | Smart locks are designed and sold by Level. | |
| igloohome.co | 2015 | Singapore | $20.28M | – | Keyless smart locks are developed for consumer and commercial applications. | |
| brivo.com | 1999 | Bethesda, United States | $92M | 265 | Developer of AI and cloud-based integrated access control systems | |
| getgate.com | 2014 | San Francisco, United States | $9.59M | – | Camera-equipped smart locks are developed for home entry. | |
| lockin.com | 2014 | Haidian, China | $152.43M | – | Smart lock and security systems are installed and provided. |
Detailed competitors of Ikin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ikin
The website of Ikin (ikinglobal.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 129.6% vs previous month
Latest news on Ikin
Complete news archive for Ikin
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
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Similar companies to Ikin
10 companies that operate in the same segment as Ikin (Physical Security & Surveillance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Wireless home security systems are offered with cellular monitoring. | 2006 | Boston, Massachusetts, United States | USD 387 M | – | – | |
Enterprise video surveillance systems and platforms are developed. | 2016 | San Mateo, California, United States | USD 656.64 M | – | – | |
Wireless smart home security cameras and doorbells are provided. | 2009 | Boston, Massachusetts, United States | USD 40.07 M | – | – | |
Locations are identified and shared via unique three-word addresses. | 2013 | London, England, United Kingdom | USD 231.46 M | – | – | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
A personal safety network is provided for community protection. | 2017 | New York, New York, United States | USD 143.72 M | – | – |
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Frequently Asked Questions about Ikin
Ikin was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Ikin is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Ikin is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2024.
The primary company behind Ikin, Sectorqube Technolabs Private Limited, reported revenue of ₹1.51 Cr for FY 2024, down 52% year on year.
Ikin was founded in 2022 in Kochi, India, as a manufacturer in the security technology sector. Operations focus on producing smart locks for securing cargo, facilities, and high-value assets. Features such as geo-fenced access, real-time alerts, and customizable modes are integrated into the products. Remote enforcement of access rules and accountability are enabled without physical keys, supporting business control and visibility.
Ikin's top competitors include igloohome, Openpath and Assa Abloy.
Ikin offers Door Lock Ultra, Door Lock Max SE, Door Lock Max, Padlock HD, and 4G GPS Truck Lock.
Ikin has 4 investors. Key investors include Unicorn India Ventures, Openapp, Callapina, and AWE Funds.
Ikin operates through Sectorqube Technolabs Private Limited.
Yes. Ikin was acquired by Openapp in March 2022.
The legal entities of Ikin currently have 6 directors, including Binyas Valiyaveettil Latheef, Nibu Alias, Sabarish Prakash and others.