IoTfy

Delhi, India Founded: 2014 • Age: 12 yrs
Provider of IoT based supply chain management solutions
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Annual revenue $1.3M Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Environment
    Technology Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iotfy Solutions Private Limited
  • Date of Incorporation 25 May, 2017
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Environment → Environmental Management & Pollution Control → →
Technology → Internet of Things (IoT) & Connectivity → →
Technology → Internet of Things (IoT) & Connectivity → →
Consumer → Beauty, Personal & Household Care → →
Key Metrics
  • Annual Revenue
    $1.29 M (USD)
    28.8
    as on Mar 31, 2023
  • Net Profit
    $70.68 K (USD)
    167.21
    as on Mar 31, 2023
  • EBITDA
    $180.97 K (USD)
    257.88
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
    9Mile Labs
  • Employee Count
    Employee Count
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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.

Primary

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.

Funding Insights of IoTfy

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2016 Amount Seed - IoTfy Valuation

investors
9Mile Labs

Investors in IoTfy

IoTfy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 9Mile Labs.

All
Venture Fund
Investor Description Founded Year Domain Location
9Mile Labs
Investment in early-stage enterprise B2B startups.
Founded Year Domain Location

Investments & Acquisitions by IoTfy

Investments

Financial Statements - IoTfy

Iotfy Comparisons

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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 year HQ Location Description
PTC
domain founded_year HQ Location
PTC is recognized as a global leader in product lifecycle management software.
Software AG
domain founded_year HQ Location
Provider of data integration, application modernization, and digital transformation solutions
DrinkPrime
domain founded_year HQ Location
Provider of smart water purifier rental and maintenance services
Faclon Labs
domain founded_year HQ Location
Industrial data and AI platform for decision intelligence is offered.
Flutura
domain founded_year HQ Location
End to end IoT platform for asset monitoring
Trinity Mobility
domain founded_year HQ Location
Provider of intelligent city management software solutions

Latest news on Iotfy

iotfy: IoTfy sees increased local demand with China shutdown
Indiatimes • 6 years ago

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.

Annual revenue of IoTfy is $1.29M as on Mar 31, 2023.

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.

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