KIOT Communications

Hyderabad, India Founded: 2017 • Age: 9 yrs Minicorn
Smart home products and an IoT platform are provided.

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 β‚Ή7.24 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
  • Sectors
    Technology
  • Website kiot.io
  • Social LinkedIn
  • Legal Name Kiot Innovations Private Limited
  • Date of Incorporation 13 Aug, 2018
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • 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 Count
    44

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.

Kitchen Appliances
Smart Appliances

Smart devices like kettles and rice cookers for automated kitchen tasks.

Motorised Products
Automation

Motorised solutions for curtains, gates, and lifts for smart control.

QR Products
Security

QR-based tools like vehicle SOS and NFC tags for tracking.

Electrical Switches
Smart Devices

Touch-enabled switches for home and commercial lighting control.

Voice Solutions
Integration

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$143,171Seed$3.15M–
–
Valuation history
DateValuationStage
Jan 2021$3.15Mβ€’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.

DirectorDesignationAppointedTenureEntity
Vijay Krishna Cholleti
DIN 07738209
Director13 Aug 20188 yrs 2 moKiot Innovations Private Limited
Kishore Karnati
DIN 03258429
Director13 Aug 20188 yrs 2 moKiot Innovations Private Limited
Sandeep Karnati
DIN 06805462
Director13 Aug 20188 yrs 2 moKiot Innovations Private Limited
Gopi Krishna Bijjala
DIN 09434872
Director20 Jun 20224 yrs 4 moKiot Innovations Private Limited

People of KIOT Communications

1 people are tracked at KIOT Communications (1 in leadership); the tracked headcount is 44.

NameRoleGroup
Co-Founder & Managing DirectorLeadership
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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.

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Detailed financial statements for KIOT Communications

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • 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.

  1. Founded KIOT Communications is founded.
  2. Funding First funding round of $143K.
  3. Milestone Reaches Minicorn status.

Web traffic of KIOT Communications

The website of KIOT Communications (kiot.io) receives about 4.1K visits a month.

  • Monthly visits
    4.1K

    ▲ 22.8% vs previous month

Similar websites

Websites whose visitors overlap most with KIOT Communications. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
revo-sys.com
revo-sys.com
100%
#13,608,791–
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Related news about 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 β‚Ή7.24 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.

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