About Smartmeters Technologies
Smartmeters Technologies is a company based in Ahmedabad (India) founded in 2019 by Rakesh Shah and Shaishav Shah. Smartmeters Technologies has raised $134.49 thousand across 1 funding round from investors including Adani Gas. The company has 50 employees as of April 06, 2024. Smartmeters Technologies offers products and services including ALPS G1.6, Everest G1.6, Victory, and Comms Cord. Smartmeters Technologies operates in a competitive market with competitors including Itron, Sense, Iskraemeco, Kimbal and Enedis, among others.
- Headquarter Ahmedabad, India
- Employees 50 as on 06 Apr, 2024
- Founders Rakesh Shah, Shaishav Shah
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Sectors
Energy & Utilities
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Email
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- Legal Name Smartmeters Technologies Private Limited
- Date of Incorporation 07 Oct, 2019
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$2.27 M (USD)147.25as on Mar 31, 2024
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Net Profit
-$1.02 M (USD)-518.71as on Mar 31, 2024
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EBITDA
-$17.25 K (USD)77.61as on Mar 31, 2024
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Total Equity Funding
$134.49 K (USD)
in 1 rounds
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Latest Funding Round
$134.49 K (USD), Seed
Aug 21, 2021
- Investors
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Employee Count
50
as on Apr 06, 2024
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Products & Services of Smartmeters Technologies
Smartmeters Technologies offers a comprehensive portfolio of products and services, including ALPS G1.6, Everest G1.6, Victory, and Comms Cord.
Mechanical gas index meter for accurate measurement and utility tracking.
Prepaid gas meter for controlled usage and payment integration.
Automated meter reader for remote monitoring and data collection.
Optical port reader for meter communication and diagnostics.
Funding Insights of Smartmeters Technologies
Smartmeters Technologies has successfully raised a total of $134.49K through 1 strategic funding round. The most recent funding activity was a Seed round of $134.49 thousand completed in August 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.
Investors in Smartmeters Technologies
Smartmeters Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Adani Gas.
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Natural gas distribution is managed by Adani Total Gas Limited.
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Investor details for Smartmeters Technologies
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Investments & Acquisitions by Smartmeters Technologies
Investment portfolio details for Smartmeters Technologies
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Financial Statements - Smartmeters Technologies
Detailed financials for Smartmeters Technologies
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Smartmeters Technologies Comparisons
Peer comparison for Smartmeters Technologies
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Competitors of Smartmeters Technologies
Smartmeters Technologies 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 Itron, Sense, Iskraemeco, Kimbal and Enedis, among others.
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Cloud-based end-to-end solutions for smart grids are provided.
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AI-driven energy monitoring via sensors and mobile apps is provided.
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AMI products for energy metering are manufactured globally.
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Provider of advanced metering infrastructure, smart grid automation, and energy management solutions
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Smart metering solutions are provided for smart grid electricity monitoring.
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Smart infrastructure solutions are provided to global utilities.
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Detailed competitors of Smartmeters Technologies
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Latest news on Smartmeters Technologies
Complete news archive for Smartmeters Technologies
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Frequently Asked Questions about Smartmeters Technologies
Smartmeters Technologies was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Smartmeters Technologies is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Smartmeters Technologies is a funded company, having raised a total of $134.49K across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Smartmeters Technologies is 50.
Annual revenue of Smartmeters Technologies is $2.27M as on Mar 31, 2024.
Provider of smart metering devices. The product offerings include ALPS G1.6 - a mechanical index diaphragm gas meter, Everest G1.6 - a smart prepaid diaphragm type gas meter, and Victory - an automatic meter reading module. Additionally, it provides metering services and accessories.
Smartmeters Technologies's top competitors include Sense, Itron and Iskraemeco.
Smartmeters Technologies offers ALPS G1.6, Everest G1.6, Victory, and Comms Cord.
Smartmeters Technologies has 1 investor. Key investors include Adani Gas.