About IoTic
IoTic is a company based in Aurangabad (India) founded in 2022. It operates as a B2B. IoTic operates in a competitive market with competitors including EquipmentShare, Spireon, Quartix, Fleet Complete and SkyBitz, among others.
- Headquarter Aurangabad, India
- Employees 1
- SectorsTechnology
- Website iotic.in
- Legal Name Iotic Solutions Private Limited
- Date of Incorporation 30 May, 2022
- Jurisdiction Aurangabad, Maharashtra, India
- Annual Revenue₹1.51 Cr
FY 2025 · +315% YoY
- Net Profit₹8.2 Lakh
FY 2025 · 5% margin
- EBITDA₹11.1 Lakh
FY 2025 · 7% margin
- Employee Count1
Associated legal entities of IoTic
IoTic operates through Iotic 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 |
|---|---|---|---|---|---|---|---|
| Iotic Solutions Private Limited CIN U72900MH2022PTC383728 | Active | 30 May 2022 | Aurangabad, Maharashtra | ₹1.5 Cr | – | 4 | View details |
Board of directors of Iotic Solutions Private Limited (IoTic)
Iotic Solutions Private Limited is the primary company behind IoTic. The board of Iotic Solutions Private Limited currently have 4 directors; the longest-serving is Prashant Ramesh Vispute, appointed in 2022. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Ramesh Vispute DIN 09624457 | Director | 30 May 2022 | 4 yrs 4 mo | Iotic Solutions Private Limited |
| Gouri Gaurav Patil DIN 10135083 | Director | 02 May 2023 | 3 yrs 5 mo | Iotic Solutions Private Limited |
| Rohit Rajendra Khandre DIN 10134960 | Director | 02 May 2023 | 3 yrs 5 mo | Iotic Solutions Private Limited |
| Vishal Vijay Patil DIN 10135066 | Director | 02 May 2023 | 3 yrs 5 mo | Iotic Solutions Private Limited |
Financials of IoTic
Figures of Iotic Solutions Private Limited, the primary company behind IoTic, for FY 2025. Revenue was ₹1.51 Cr (+315% year on year). Net profit was ₹8.2 Lakh (5% margin). EBITDA was ₹11.1 Lakh (7% margin).
- ₹1.51 CrRevenue · FY 2025 · +315% YoY
- ₹8.2 LakhNet profit · 5% margin
- ₹11.1 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Iotic Solutions Private Limited are on its company page.
Detailed financial statements for IoTic
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Competitors of IoTic
IoTic 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 EquipmentShare, Spireon, Quartix, Fleet Complete and SkyBitz, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equipmentshare.com | 2014 | Columbia, United States | $806.48M | 2,377 | Equipment rental marketplace and digital tools for construction are offered. | |
| spireon.com | 2003 | Knoxville, United States | $7.71M | 364 | SaaS-enabled solutions for fleet and field service management are offered. | |
| quartix.com | 2001 | Chicago, United States | – | 181 | GPS vehicle tracking and fleet management solutions are provided. | |
| fleetcomplete.com | 1998 | Toronto, Canada | – | 423 | Fleet, asset, and mobile workforce management solutions are provided. | |
| skybitz.com | 1995 | Sterling, United States | $48M | – | Remote asset tracking and management solutions are provided globally. | |
| mapon.com | 2006 | Riga, Latvia | $3.28M | 177 | Vehicle tracking and fleet management solutions are provided. | |
| gpstrackit.com | 1999 | Temecula, United States | – | 98 | Software solutions for fleet tracking and management are provided. | |
| qapla.it | 2014 | Italy | $6.38M | – | Online purchase deliveries are tracked through the Qapla' app. | |
| blueskynetwork.com | 2001 | United Kingdom | $1M | 80 | Provider of GSM and iridium-based fleet management and satellite tracking solutions | |
| calamp.com | 1981 | Irvine, United States | – | 644 | Machine-to-machine communication solutions are delivered for IoT and asset tracking. |
Detailed competitors of IoTic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Similar companies to IoTic
10 companies that operate in the same segment as IoTic (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about IoTic
IoTic was founded in 2022.
IoTic is headquartered in Aurangabad, India. It is registered at Aurangabad, Maharashtra, India.
IoTic has 1 employees.
The primary company behind IoTic, Iotic Solutions Private Limited, reported revenue of ₹1.51 Cr for FY 2025, up 315% year on year.
IoTic provides gps tracking solutions for fleet operators, focusing on leveraging cutting-edge technology, iot, offering tracking solutions, and managing fleet operations. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
IoTic's top competitors include EquipmentShare, Mapon and Quartix.
IoTic operates through Iotic Solutions Private Limited.
The legal entities of IoTic currently have 4 directors, including Gouri Gaurav Patil, Rohit Rajendra Khandre, Vishal Vijay Patil and others.