About IoTfy
IoTfy is a company based in Delhi (India) founded in 2014 by Sushant Taneja, Saurabh Shandilya, Shivam Dikshit, Arpit Chhabra, and Shashank Saxena. IoTfy offers products and services including iACE IoT Platform, iota Device Operating System, Mobile Applications, and Voice Assistant Integrations. IoTfy operates in a competitive market with competitors including PTC, Software AG, DrinkPrime, Faclon Labs and Flutura, among others.
- Headquarter Delhi, India
- Founders Sushant Taneja, Saurabh Shandilya, Shivam Dikshit, Arpit Chhabra, Shashank Saxena
- SectorsEnvironmentTechnology Consumer
- Email••••••••
- Phone•••• ••••
- Website iotfy.com
- Social LinkedIn X Facebook
- Legal Name Iotfy Solutions Private Limited
- Date of Incorporation 25 May, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹37.69 Cr
FY 2025 · +107% YoY
- Net Profit₹6.18 Cr
FY 2025 · 16% margin
- EBITDA₹6.63 Cr
FY 2025 · 18% margin
- Investors
Associated legal entities of IoTfy
IoTfy operates through Iotfy Solutions 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 |
|---|---|---|---|---|---|---|---|
| Iotfy Solutions Private Limited CIN U74999DL2017PTC318155 | Active | 25 May 2017 | New Delhi, Delhi | ₹37.7 Cr | 14 | 3 | View details |
Products & Services of IoTfy
IoTfy offers a comprehensive portfolio of products and services, including iACE IoT Platform, iota Device Operating System, Mobile Applications, and Voice Assistant Integrations.
Cloud-based platform for IoT and AI in appliances.
RTOS supporting WiFi modules for devices.
White-labelled apps for Android and iOS users.
Compatibility with Alexa and Google Home.
Apps and channels of IoTfy
IoTfy publishes 1 mobile app with over 5K+ downloads.
Funding Insights of IoTfy
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of IoTfy 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 |
|---|---|---|---|---|---|
| Mar 2016 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in IoTfy
IoTfy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 9Mile Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage enterprise B2B startups. | – | 9milelabs.com | - |
Investor details for IoTfy
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 Iotfy Solutions Private Limited (IoTfy)
Iotfy Solutions Private Limited is the primary company behind IoTfy. The board of Iotfy Solutions Private Limited currently have 3 directors; the longest-serving is Sushant Taneja, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sushant Taneja DIN 05239697 | Director | 25 May 2017 | 9 yrs 4 mo | Iotfy Solutions Private Limited |
| Arpit Chhabra DIN 05002343 | Director | 25 May 2017 | 9 yrs 4 mo | Iotfy Solutions Private Limited |
| Smriti DIN 05133598 | Director | 04 Jul 2022 | 4 yrs 3 mo | Iotfy Solutions Private Limited |
People of IoTfy
5 people are tracked at IoTfy (5 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Saurabh Shandilya | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Shashank Saxena | Co-Founder | Leadership |
Complete people profiles for IoTfy
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 IoTfy
Figures of Iotfy Solutions Private Limited, the primary company behind IoTfy, for FY 2025. Revenue was ₹37.69 Cr (+107% year on year). Net profit was ₹6.18 Cr (16% margin). EBITDA was ₹6.63 Cr (18% margin). Revenue has grown at a compounded annual rate of +65% over three years and +66% over five years.
- ₹37.69 CrRevenue · FY 2025 · +107% YoY
- ₹6.18 CrNet profit · 16% margin
- ₹6.63 CrEBITDA · 18% margin
- ₹1 LakhPaid-up capital
- 14Employees (provident fund records)
- +65%Revenue CAGR, 3 years
- +66%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iotfy Solutions Private Limited are on its company page.
Detailed financial statements for IoTfy
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 IoTfy
2 dated milestones of IoTfy across 2 years, from founding to its latest funding, stage changes and deals.
- Founded IoTfy is founded.
- Funding First funding round.
Competitors of IoTfy
IoTfy 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 PTC, Software AG, DrinkPrime, Faclon Labs and Flutura, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ptc.com | 1985 | Boston, United States | – | 353 | PTC is recognized as a global leader in product lifecycle management software. | |
| softwareag.com | 1969 | Darmstadt, Germany | – | – | Provider of data integration, application modernization, and digital transformation solutions | |
| drinkprime.in | 2016 | Bengaluru, India | $17.11M | 276 | Provider of smart water purifier rental and maintenance services | |
| faclon.com | 2016 | Mumbai, India | $2.79M | 154 | Industrial data and AI platform for decision intelligence is offered. | |
| flutura.com | 2012 | Houston, United States | $9.62M | – | End to end IoT platform for asset monitoring | |
| trinitymobility.com | 2002 | Bengaluru, India | $4.35M | 219 | Provider of intelligent city management software solutions | |
| altizon.com | 2013 | Princeton, United States | $13.75M | 30 | Industrial IoT platforms for factory and asset monitoring are provided. |
Detailed competitors of IoTfy
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 IoTfy
The website of IoTfy (iotfy.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▲ 52% vs previous month
Latest news on Iotfy
Complete news archive for IoTfy
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
Verified entity values are shown only after access is granted.
Similar companies to IoTfy
10 companies that operate in the same segment as IoTfy (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about IoTfy
IoTfy was founded in 2014 and raised its 1st funding round 2 years after it was founded.
IoTfy is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Arpit Chhabra is the current CEO of IoTfy. They have also founded this company.
The primary company behind IoTfy, Iotfy Solutions Private Limited, reported revenue of ₹37.69 Cr for FY 2025, up 107% year on year.
IoTfy was founded in 2014 in Delhi, India, focusing on the IoT sector for supply chain management. Hardware solutions, such as smart stickers, are utilized to track physical inventory, prevent warranty fraud, and monitor product usage and sales across the lifecycle. Cloud and mobile platforms are also offered to support manufacturers and brands in consumer durables and appliances.
IoTfy's top competitors include DrinkPrime, Software AG and PTC.
IoTfy offers iACE IoT Platform, iota Device Operating System, Mobile Applications, and Voice Assistant Integrations.
IoTfy has 1 investor. Key investors include 9Mile Labs.
IoTfy operates through Iotfy Solutions Private Limited.
The legal entities of IoTfy currently have 3 directors, including Sushant Taneja, Arpit Chhabra, Smriti.
Yes. IoTfy publishes Magic, with over 5,000 downloads.