Indolytics

Ahmedabad, India Founded: 2017 • Age: 9 yrs
Offers beacon-based solutions for indoor tracking and proximity marketing.

About Indolytics

Indolytics was a Technology company based in Ahmedabad (India) founded in 2017 by Savio Fernandez and Ankit Dave. It offers beacon-based solutions for indoor tracking and proximity marketing. It operates on a B2B model. Its Indian entity Indolytics India Private Limited reported revenue of β‚Ή8.7 Lakh. The company is recorded as dissolved. Its focus areas include Software, Analytics and Indoor Tracking. Its competitors include Localz, Sensorberg, Catalina, Adentro and ByteLight and 1 more; 5 of its 6 listed competitors have raised funding.

Company details

Indolytics, based in Ahmedabad, focuses on leveraging cutting-edge technology, software, providing analytics solutions, and indoor tracking. Offers beacon-based solutions for indoor tracking and proximity marketing. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹8.7 Lakh

    FY 2023 · -64% YoY

  • Net Loss
    -₹6.9 Lakh

    FY 2023 · -79% margin

  • EBITDA
    -₹6.3 Lakh

    FY 2023 · -72% margin

Board of directors of Indolytics India Private Limited (Indolytics)

Indolytics India Private Limited is the primary company behind Indolytics. The board of Indolytics India Private Limited currently have 3 directors; the longest-serving is Sonu Lal Mirchandani, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Sonu Lal Mirchandani
DIN 08029159
Director24 Jul 20188 yrs 2 moIndolytics India Private Limited
Ashwini Shrikant Bhosle
DIN 08041680
Director24 Jul 20188 yrs 2 moIndolytics India Private Limited
Ankit Dave
DIN 02774431
Director24 Jul 20188 yrs 2 moIndolytics India Private Limited

People of Indolytics

2 people are tracked at Indolytics (2 in leadership).

NameRoleGroup
Savio Fernandez
Co-FounderLeadership
Co-FounderLeadership
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Financials of Indolytics

Figures of Indolytics India Private Limited, the primary company behind Indolytics, for FY 2023. Revenue was ₹8.7 Lakh (-64% year on year). Net loss was -₹6.9 Lakh (-79% margin). EBITDA was -₹6.3 Lakh (-72% margin).

  • ₹8.7 LakhRevenue · FY 2023 · -64% YoY
  • -₹6.9 LakhNet loss · -79% margin
  • -₹6.3 LakhEBITDA · -72% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Indolytics India Private Limited are on its company page.

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Detailed financial statements for Indolytics

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Competitors of Indolytics

Indolytics has 6 listed competitors in our database, 5 of them funded. They include Localz, Sensorberg, Catalina, Adentro and ByteLight, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
localz.com2013Melbourne, Australia$7.44M–
Location tracking and customer communication solutions are provided for businesses.
sensorberg.com2013Berlin, Germany$6.94M39
IoT enabled solutions for multi industry applications
catalina.com1983St. Petersburg, United States–537
Personalized digital marketing solutions are delivered to retailers.
adentro.com2012San Francisco, United States$106.72M62
Cloud-based WiFi marketing software is provided for customer engagement.
bytelight.com2011Boston, United States$5.79M–
Precise consumer locations are tracked using existing lighting infrastructure.
maxpoint.com2007Morrisville, United States$22M375
Hyperlocal advertising is delivered via Digital Zip household profiling.
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Detailed competitors of Indolytics

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Top companies in Sensors & Smart Devices

10 companies that operate in the same segment as Indolytics (Sensors & Smart Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Video streaming devices and platforms are provided by Roku.
2008San Jose, California, United StatesUSD 213.56 MUSD 4.74 B4,473
Provider of hardware and software for monitoring home energy consumption
2010Palo Alto, California, United StatesUSD 80 M––
Developer of LiDAR-based sensors
2002San Francisco, California, United StatesUSD 129 MUSD 169.38 M192
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
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Frequently Asked Questions about Indolytics

Indolytics was founded in 2017.

Indolytics is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

The primary company behind Indolytics, Indolytics India Private Limited, reported revenue of β‚Ή8.7 Lakh for FY 2023, down 64% year on year.

Indolytics, based in Ahmedabad, focuses on leveraging cutting-edge technology, software, providing analytics solutions, and indoor tracking. Offers beacon-based solutions for indoor tracking and proximity marketing. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Indolytics's top competitors include Catalina, Sensorberg and Adentro.

Indolytics operates through Indolytics India Private Limited.

The legal entities of Indolytics currently have 3 directors, including Sonu Lal Mirchandani, Ashwini Shrikant Bhosle, Ankit Dave.

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