
About KIOT Communications
KIOT Communications is a Technology company based in Hyderabad (India) founded in 2017 by Kishore Karnati. Smart home products and an IoT platform are provided. KIOT Communications has raised $143.17 thousand across 1 funding round. The company has 44 employees. KIOT Communications was last valued at $3.15 million in January 2021. Its Indian entity Kiot Innovations Private Limited reported revenue of βΉ7.24 Cr. KIOT Communications offers products and services including Kitchen Appliances, Motorised Products, QR Products, Electrical Switches, and Voice Solutions. Its focus areas include High Tech, Smart Homes, Smart Home Suite and Internet of Things Infrastructure.
Company details
KIOT Communications was founded in 2017 and is based in Hyderabad, India. Smart home devices, including plugs, switches, connected bulbs, door locks, fan dimmers, water flow meters, energy meters, curtain controllers, and phase controllers, are offered by the company. An end-to-end IoT platform is also provided, allowing developers to build, deploy, configure, and manage IoT applications in the consumer electronics sector.
- Headquarters Hyderabad, India
- Employees 44
- Founders Kishore Karnati
- Stage Minicorn
- SectorsTechnology
- Website kiot.io
- Social LinkedIn
- Legal Name Kiot Innovations Private Limited
- Date of Incorporation 13 Aug, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.24 Cr
FY 2024 · +21% YoY
- Net Loss-₹2.02 Cr
FY 2024 · -28% margin
- EBITDA-₹1.07 Cr
FY 2024 · -15% margin
- Total Equity Funding$143.17K (USD)
in 1 rounds
- Latest Funding Round$143.17K (USD), Seed
Jan 2021
- Employee Count44
Associated legal entities of KIOT Communications
KIOT Communications operates through Kiot Innovations 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 |
|---|---|---|---|---|---|---|---|
| Kiot Innovations Private Limited CIN U74999TG2018PTC126151 | Active | 13 Aug 2018 | Hyderabad, Telangana | ₹7.2 Cr | 44 | 4 | View details |
Products & Services of KIOT Communications
KIOT Communications offers a comprehensive portfolio of products and services, including Kitchen Appliances, Motorised Products, QR Products, Electrical Switches, and Voice Solutions.
Smart devices like kettles and rice cookers for automated kitchen tasks.
Motorised solutions for curtains, gates, and lifts for smart control.
QR-based tools like vehicle SOS and NFC tags for tracking.
Touch-enabled switches for home and commercial lighting control.
Voice assistants like Google Assistant for device connectivity.
Funding Insights of KIOT Communications
KIOT Communications has successfully raised a total of $143.17K through 1 strategic funding round. The most recent funding activity was a Seed round of $143.17 thousand completed in January 2021. 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 $143,171
- Total Rounds 1
- Last Round Seed β $143,171
- First Round $143,171
(Jan 2021)
All 1 funding rounds of KIOT Communications 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 |
|---|---|---|---|---|---|
| Jan 2021 | $143,171 | Seed | $3.15M | β | β |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $3.15M | β’β’β’β’β’β’β’β’ |
Last known valuation $3.15M (Jan 2021).
Board of directors of Kiot Innovations Private Limited (KIOT Communications)
Kiot Innovations Private Limited is the primary company behind KIOT Communications. The board of Kiot Innovations Private Limited currently have 4 directors; the longest-serving is Vijay Krishna Cholleti, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Krishna Cholleti DIN 07738209 | Director | 13 Aug 2018 | 8 yrs 2 mo | Kiot Innovations Private Limited |
| Kishore Karnati DIN 03258429 | Director | 13 Aug 2018 | 8 yrs 2 mo | Kiot Innovations Private Limited |
| Sandeep Karnati DIN 06805462 | Director | 13 Aug 2018 | 8 yrs 2 mo | Kiot Innovations Private Limited |
| Gopi Krishna Bijjala DIN 09434872 | Director | 20 Jun 2022 | 4 yrs 4 mo | Kiot Innovations Private Limited |
People of KIOT Communications
1 people are tracked at KIOT Communications (1 in leadership); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Director | Leadership |
Complete people profiles for KIOT Communications
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of KIOT Communications
Figures of Kiot Innovations Private Limited, the primary company behind KIOT Communications, for FY 2024. Revenue was ₹7.24 Cr (+21% year on year). Net loss was -₹2.02 Cr (-28% margin). EBITDA was -₹1.07 Cr (-15% margin). Revenue has grown at a compounded annual rate of +51% over three years and +80% over five years.
- ₹7.24 CrRevenue · FY 2024 · +21% YoY
- -₹2.02 CrNet loss · -28% margin
- -₹1.07 CrEBITDA · -15% margin
- ₹66.6 LakhPaid-up capital
- 44Employees (provident fund records)
- +51%Revenue CAGR, 3 years
- +80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Kiot Innovations Private Limited are on its company page.
Detailed financial statements for KIOT Communications
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 KIOT Communications
3 dated milestones of KIOT Communications across 4 years, from founding to its latest funding, stage changes and deals.
- Founded KIOT Communications is founded.
- Funding First funding round of $143K.
- Milestone Reaches Minicorn status.
Web traffic of KIOT Communications
The website of KIOT Communications (kiot.io) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 22.8% vs previous month
Websites whose visitors overlap most with KIOT Communications. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
revo-sys.com | revo-sys.com | 100% | #13,608,791 | β |
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Related news about Kiot Communications
Complete news archive for KIOT Communications
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Frequently Asked Questions about KIOT Communications
KIOT Communications was founded in 2017 and raised its 1st funding round 4 years after it was founded.
KIOT Communications is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
KIOT Communications is a funded company, having raised a total of $143.17K across 1 funding round to date. The company's 1st funding round was a Seed of $143.17K, raised on Jan 2021.
KIOT Communications has 44 employees.
The primary company behind KIOT Communications, Kiot Innovations Private Limited, reported revenue of βΉ7.24 Cr for FY 2024, up 21% year on year.
KIOT Communications was founded in 2017 and is based in Hyderabad, India. Smart home devices, including plugs, switches, connected bulbs, door locks, fan dimmers, water flow meters, energy meters, curtain controllers, and phase controllers, are offered by the company. An end-to-end IoT platform is also provided, allowing developers to build, deploy, configure, and manage IoT applications in the consumer electronics sector.
KIOT Communications offers Kitchen Appliances, Motorised Products, QR Products, Electrical Switches, and Voice Solutions.
The valuation of KIOT Communications is $3.15M as of Jan 2021.
KIOT Communications operates through Kiot Innovations Private Limited.
The legal entities of KIOT Communications currently have 4 directors, including Gopi Krishna Bijjala, Vijay Krishna Cholleti, Kishore Karnati and others.
