MiQASA

Hyderabad, India Founded: 2015 • Age: 11 yrs Acquired By Smartron
Home automation modules are developed for smart switch boards.

About MiQASA

MiQASA is a Technology company based in Hyderabad (India) founded in 2015 by Atukari Rukmini and Santosh Kumar Patil, and was acquired by Smartron in December 2017. It operates as a home automation modules are developed for smart switch boards. MiQASA has raised $17.61 thousand across 2 funding rounds from investors including Smartron, Amrita TBI and Taresh Anand. MiQASA was last valued at $21.75 thousand in May 2017. The company was acqui-hired. Its focus areas include High Tech, Smart Homes, Home Automation Controllers and Smart Switches and Plugs. Its legal entity in India is Miqasa Home Automation Private Limited (U72200TG2015PTC099154). Its competitors include MyStrom, Amber Solutions, Aeva, Iotty and Cubical and 2 more; 4 of its 7 listed competitors have raised funding.

Company details

MiQASA was founded in 2015 in Hyderabad, India, focusing on the home automation sector. Modules for 2, 4, 8, and 12 smart switch boards are produced under the Qasa brand. These can be controlled via remote or Android app to manage appliances such as lights, TVs, refrigerators, geysers, ovens, and fans. A smart home hub is also provided to integrate operations.

  • Headquarters Hyderabad, India
  • Founders Atukari Rukmini, Santosh Kumar Patil
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website miqasa.net
  • Social X Facebook
  • Acquired by Smartron (Dec 2017)
  • Legal Name Miqasa Home Automation Private Limited
  • Date of Incorporation 29 May, 2015
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
  • Total Equity Funding
    $17.61K (USD)

    in 2 rounds

  • Latest Funding Round
    $17.61K (USD), Angel Round

    May 2017

  • Investors
    Smartron

    & 4 more

  • Acquired by
    Smartron

    (Dec 2017)

Funding Insights of MiQASA

MiQASA has successfully raised a total of $17.61K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $17.61 thousand completed in May 2017. 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 $17,613
  • Total Rounds 2
  • Last Round Angel Round β€” $17,613
  • Investors Count 4

All 2 funding rounds of MiQASA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017$17,613Angel Round$21,749Taresh Anand
Feb 2017–Seed–Amrita TBI
–
Valuation history

Last known valuation $21,749 (May 2017). 5 investors in total: 2 institutional and 3 angel.

Investors in MiQASA

MiQASA has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Smartron, Amrita TBI and Taresh Anand.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Startup incubation, funding, and mentoring services in technology and innovation sectors in India.
2008amritatbi.comKollam, India

Taresh Anand

-
–unknown_3853a1d37de547ec9-

Atukari Rukmini

-
–unknown_c9d25f014e0a4f80b-

Santosh Kumar Patil

-
–unknown_0710e023d2d443719-
Smart home products are manufactured and provided by Smartron.
2014smartron.comHyderabad, India
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Investor details for MiQASA

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Board of directors of Miqasa Home Automation Private Limited (MiQASA)

Miqasa Home Automation Private Limited is the primary company behind MiQASA. The board of Miqasa Home Automation Private Limited currently have 3 directors; the longest-serving is Atukari Rukmini, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Atukari Rukmini
DIN 07118283
Director29 May 201511 yrs 4 moMiqasa Home Automation Private Limited
Santosh Kumar Patil
DIN 07627630
Additional Director07 Dec 20169 yrs 10 moMiqasa Home Automation Private Limited
Taresh Anand
DIN 07278780
Additional Director16 Aug 20179 yrs 2 moMiqasa Home Automation Private Limited

People of MiQASA

2 people are tracked at MiQASA (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder & PresidentLeadership
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Complete people profiles for MiQASA

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  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of MiQASA

4 dated milestones of MiQASA across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded MiQASA is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round, of $18K.
  4. Exit Acquired by Smartron.

Competitors of MiQASA

MiQASA has 7 listed competitors in our database, 4 of them funded. They include MyStrom, Amber Solutions, Aeva, Iotty and Cubical, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mystrom.ch2011Zurich, Switzerland––
Connected plugs for energy monitoring and control
ambersi.com2016Danville, United States$24.93M17
Connected outlets and switches for home automation are provided.
aeva.com2016Mountain View, United States$48.5M306
LiDAR-based sensors for autonomous vehicles are provided.
iotty.com2016Redondo Beach, United States––
WiFi-connected switches for home automation are developed by Iotty.
cubical.in2013Delhi, India$1.03M10
IoT-based home automation solutions are developed for residential buildings.
picostone.com2016Mumbai, India$293,393–
Smart home devices for appliance control are developed by PicoStone.
aion-innovations.com2017Giza, Egypt––
Smart switches for home automation and control are provided globally.
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Detailed competitors of MiQASA

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Sensors & Smart Devices

10 companies that operate in the same segment as MiQASA (Sensors & Smart Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Connected devices for health, sleep, and activity monitoring are developed.
2008Moulineaux, Seine-maritime, FranceUSD 93.83 M––
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Video streaming devices and platforms are provided by Roku.
2008San Jose, California, United StatesUSD 213.56 MUSD 4.74 B4,473
Provider of hardware and software for monitoring home energy consumption
2010Palo Alto, California, United StatesUSD 80 M––
Developer of LiDAR-based sensors
2002San Francisco, California, United StatesUSD 129 MUSD 169.38 M192
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
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Frequently Asked Questions about MiQASA

MiQASA was founded in 2015 and raised its 1st funding round 2 years after it was founded.

MiQASA is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

MiQASA is a funded company, having raised a total of $17.61K across 2 funding rounds to date.

MiQASA was founded in 2015 in Hyderabad, India, focusing on the home automation sector. Modules for 2, 4, 8, and 12 smart switch boards are produced under the Qasa brand. These can be controlled via remote or Android app to manage appliances such as lights, TVs, refrigerators, geysers, ovens, and fans. A smart home hub is also provided to integrate operations.

MiQASA's top competitors include Aeva, Amber Solutions and Cubical.

MiQASA has 5 investors. Key investors include Smartron, Amrita TBI, Taresh Anand, Atukari Rukmini, and Santosh Kumar Patil.

The valuation of MiQASA is $21.75K as of May 2017.

MiQASA operates through Miqasa Home Automation Private Limited.

Yes. MiQASA was acquired by Smartron in December 2017.

The legal entities of MiQASA currently have 3 directors, including Taresh Anand, Atukari Rukmini, Santosh Kumar Patil.

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