SmarterHomes

Bengaluru, India Founded: 2013 • Age: 13 yrs Minicorn Acquired By Kathari
Integrated smart water meters and software are developed for buildings.

About SmarterHomes

SmarterHomes is an Environment company based in Bengaluru (India) founded in 2013, and was acquired by Kathari in May 2022. Integrated smart water meters and software are developed for buildings. It operates in the Environment and Technology sectors. SmarterHomes has raised $4.21 million across 4 funding rounds from investors including Macquarie Group, Bunhill Investments and Kathari Water. SmarterHomes was last valued at $4.13 million in July 2019. Its Indian entity Smarterhomes Technologies Private Limited reported revenue of β‚Ή17.34 Cr. Its focus areas include Environment Tech, Water and Wastewater Management Tech, Water Usage and Leak Detection and Smart Products. Its competitors include Waltr and Nimble Vision; 2 of its 2 listed competitors have raised funding.

Company details

Developer of integrated smart water meters and software for buildings. Its product monitors real-time water consumption and detects leakages. It s is solar-powered and communicates data to its cloud software through an m2m network to generate monthly bills. It features multiple monitoring options with billing details, water consumption analysis, and projected bill of the month, and has a comprehensive billing option that allows the user to select fixed or slab-based tariffs and can finalize water vendors. It also offers installation and maintenance services.

  • Headquarters Bengaluru, India
  • Stage Acquired
  • Sectors
    Environment
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website smarterhomes.com
  • Social LinkedIn X
  • Acquired by Kathari (May 2022)
  • Legal Name Smarterhomes Technologies Private Limited
  • Date of Incorporation 20 Feb, 2014
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹17.34 Cr

    FY 2025 · +280% YoY

  • Net Loss
    -₹6.46 Cr

    FY 2025 · -37% margin

  • EBITDA
    -₹4.05 Cr

    FY 2025 · -23% margin

  • Total Equity Funding
    $4.21M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.49M (USD), Series A

    Jul 2019

  • Investors
  • Acquired by
    Kathari

    (May 2022)

Apps and channels of SmarterHomes

SmarterHomes publishes 2 mobile apps with over 10K+ downloads.

WaterOn
Google Play Lifestyle Everyone Free
Developer: SmarterHomes Technologies
View on Google Play
WaterOn by SmarterHomes
App Store Lifestyle 4+
Developer: SmarterHomes Technologies Private Limited
View on App Store

Funding Insights of SmarterHomes

SmarterHomes has successfully raised a total of $4.21M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.49 million completed in July 2019. 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 $4.21M
  • Total Rounds 4
  • Last Round Series A β€” $1.49M
  • Investors Count 2

All 4 funding rounds of SmarterHomes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2019$1.49MSeries A$4.13MBunhill Investments
–
Sep 2018$1.13MSeries A$8.18MBunhill Investments
–
Apr 2017$1.58MSeries A$β€’β€’β€’β€’β€’Bunhill Investments
Sep 2015Seed––
–
Valuation history
DateValuationStage
Jul 2019$4.13Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2018$8.18Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of SmarterHomes

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $4.13M (Jul 2019). 3 investors in total: 3 institutional.

Investors in SmarterHomes

SmarterHomes has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Macquarie Group, Bunhill Investments and Kathari Water.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
bunhillinvestments.tcc.mode
A global financial services organization with Australian heritage is operated.
1969macquarie.comSydney, Australia
Kathari Water is engaged in water management and sustainability.
kathariwater.comMumbai, India
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Investor details for SmarterHomes

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Board of directors of Smarterhomes Technologies Private Limited (SmarterHomes)

Smarterhomes Technologies Private Limited is the primary company behind SmarterHomes. The boards of the 2 registered companies of SmarterHomes currently have 4 directors; the longest-serving is Prakash Seshadri Nathan, appointed in 2022. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prakash Seshadri Nathan
DIN 00165852
Director19 May 20224 yrs 5 moSmarterhomes Technologies Private Limited, Kathari Water Management Private Limited
Shishir Maheshwari
DIN 03136246
Director19 May 20224 yrs 5 moSmarterhomes Technologies Private Limited, Kathari Water Management Private Limited
Nilesh Bhanuprakash Dave
DIN 02555798
Director19 May 20224 yrs 5 moSmarterhomes Technologies Private Limited
Rajnish Kadambar
DIN 10605654
Additional Director22 Jul 20251 yr 3 moKathari Water Management Private Limited

Financials of SmarterHomes

Figures of Smarterhomes Technologies Private Limited, the primary company behind SmarterHomes, for FY 2025. Revenue was ₹17.34 Cr (+280% year on year). Net loss was -₹6.46 Cr (-37% margin). EBITDA was -₹4.05 Cr (-23% margin). Revenue has grown at a compounded annual rate of +83% over three years and +18% over five years.

  • ₹17.34 CrRevenue · FY 2025 · +280% YoY
  • -₹6.46 CrNet loss · -37% margin
  • -₹4.05 CrEBITDA · -23% margin
  • ₹38.99 CrPaid-up capital
  • 43Employees (provident fund records)
  • +83%Revenue CAGR, 3 years
  • +18%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Smarterhomes Technologies Private Limited are on its company page.

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Detailed financial statements for SmarterHomes

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

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Timeline of SmarterHomes

5 dated milestones of SmarterHomes across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded SmarterHomes is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $1.5M.
  5. Exit Acquired by Kathari.

Competitors of SmarterHomes

SmarterHomes has 2 listed competitors in our database, 2 of them funded. They include Waltr and Nimble Vision.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
waltr.in2019Bengaluru, India$706,22263
Water level sensing and monitoring solutions are provided for tanks.
nimblevision.io2017Bengaluru, India$22,545
IoT communication devices are provided for diverse applications.
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Detailed competitors of SmarterHomes

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Web traffic of SmarterHomes

The website of SmarterHomes (smarterhomes.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▼ 45.3% vs previous month

Top companies in Waste & Water Management Systems

3 companies that operate in the same segment as SmarterHomes (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M
Tech-based solid waste management and recycling solutions are provided.
2008Noida, Uttar Pradesh, IndiaUSD 31.1 MUSD 52.13 M106
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Related news about Smarterhomes

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Complete news archive for SmarterHomes

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Frequently Asked Questions about SmarterHomes

SmarterHomes was founded in 2013 and raised its 1st funding round 2 years after it was founded.

SmarterHomes is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

SmarterHomes is a funded company, having raised a total of $4.21M across 4 funding rounds to date.

The primary company behind SmarterHomes, Smarterhomes Technologies Private Limited, reported revenue of β‚Ή17.34 Cr for FY 2025, up 280% year on year.

Developer of integrated smart water meters and software for buildings. Its product monitors real-time water consumption and detects leakages. It s is solar-powered and communicates data to its cloud software through an m2m network to generate monthly bills. It features multiple monitoring options with billing details, water consumption analysis, and projected bill of the month, and has a comprehensive billing option that allows the user to select fixed or slab-based tariffs and can finalize water vendors. It also offers installation and maintenance services.

SmarterHomes's top competitors include Nimble Vision and Waltr.

SmarterHomes has 3 investors. Key investors include Macquarie Group, Bunhill Investments, and Kathari Water.

The valuation of SmarterHomes is $4.13M as of Jul 2019.

SmarterHomes is associated with 2 legal entities: Smarterhomes Technologies Private Limited, Kathari Water Management Private Limited.

Yes. SmarterHomes was acquired by Kathari in May 2022.

The legal entities of SmarterHomes currently have 6 directors, including Prakash Seshadri Nathan, Shishir Maheshwari, Nilesh Bhanuprakash Dave and others.

Yes. SmarterHomes publishes WaterOn and 1 more app, with over 10,000 downloads.

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