About Smartron
Smartron is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2014 by Maheswara Lingareddy Reddy. It operates as a smart home products are manufactured and provided by Smartron. It operates in the Transportation, Automotive & Logistics and Technology sectors. Smartron has raised $20.32 million across 10 funding rounds from investors including Kaam, LCGC and Global Emerging Markets. The company has 204 employees. Smartron has completed 3 acquisitions, including MiQASA, Miqasa and Volta Motors. Smartron was last valued at $1.19 billion in May 2020. Its chief executive is Kelvin Amira. Its Indian entity Smartron India Private Limited reported revenue of ₹26.23 Cr. Smartron offers products and services including t.home, t.bike, tphone, tbook, and tband. Its focus areas include High Tech, Smart Homes, Smart Home Suite and Energy Tech. Its competitors include Vivint, ADT, Alarm.com, ecobee and Nest and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
Smart home products are manufactured by Smartron, established in 2014 and headquartered in Hyderabad, India. Research and development centers are operated in Bengaluru and Hyderabad. The company was founded by Maheswara Lingareddy Reddy, former co-founder of silicon semiconductor firm Soft Machines. Undisclosed funding was raised from Sachin Tendulkar in March 2016, with him serving as brand ambassador. Additional funding was secured from Sanjay Jha, CEO of GlobalFoundries, in March 2017.
- Headquarters Hyderabad, India
- Employees 204
- Founders Maheswara Lingareddy Reddy
- SectorsTransportation, Automotive & LogisticsTechnology
- Email••••••••
- Phone•••• ••••
- Website smartron.com
- Social LinkedIn X Facebook
- Legal Name Smartron India Private Limited
- Date of Incorporation 03 Dec, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹26.23 Cr
FY 2019 · -78% YoY
- Net Loss-₹79.86 Cr
FY 2019 · -296% margin
- EBITDA-₹62.53 Cr
FY 2019 · -232% margin
- Total Equity Funding$20.32M (USD)
in 10 rounds
- Latest Funding Round$4.06M (USD), Angel Round
Feb 2022
- InvestorsKaam
& 50 more
- Employee Count204
- Investments & AcquisitionsMiQASA
& 2 more
Associated legal entities of Smartron
Smartron operates through Smartron India Private Limited (dissolved under section 54). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smartron India Private Limited CIN U74900TG2013PTC091450 | Dissolved Under Section 54 | 03 Dec 2013 | Hyderabad, Telangana | ₹26.2 Cr | 204 | 3 | View details |
Products & Services of Smartron
Smartron offers a comprehensive portfolio of products and services, including t.home, t.bike, tphone, tbook, and tband.
Provides smart sensors for home automation and connectivity.
Offers various models for personal electric mobility solutions.
Delivers smart phone functionalities for everyday use.
Features smart book devices for computing needs.
Includes wearable bands for health and connectivity.
Funding Insights of Smartron
Smartron has successfully raised a total of $20.32M across 10 strategic funding rounds. The most recent funding activity was a Angel Round of $4.06 million completed in February 2022. 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 $20.32M
- Total Rounds 10
- Last Round Angel Round — $4.06M
- First Round $2.09M
(Feb 2015)
- Investors Count 51
All 10 funding rounds of Smartron 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 |
|---|---|---|---|---|---|
| Feb 2022 | $4.06M | Angel Round | – | Silpa Pakanati | |
| Jan 2022 | $200M | Debt – Conventional | – | – | |
| Jun 2021 | $490,115 | Angel Round | – | Srikanth Sundararajan, Silpa Pakanati | |
| May 2020 | $5.31M | Angel Round | $1.19B | – | |
| Apr 2017 | $250,319 | Seed | $2.4B | Kaam | – |
| Nov 2016 | $3.15M | Angel Round | $••••• | Sanjay Jha, Sanjay Jha | |
| Jul 2016 | $1.89M | Seed | $••••• | LCGC | |
| Apr 2016 | $1.15M | Seed | $••••• | Tron Group | |
| Dec 2015 | $1.93M | Seed | $••••• | Formula One Promotions And Entertainment | |
| Feb 2015 | $2.09M | Seed | $••••• | Kacst |
| Date | Valuation | Stage |
|---|---|---|
| May 2020 | $1.19B | •••••••• |
| Apr 2017 | $2.4B | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| Jul 2016 | $••••• | •••••••• |
| Apr 2016 | $••••• | •••••••• |
| Dec 2015 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
Full valuation and stage history of Smartron
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $1.19B (May 2020). 51 investors in total: 7 institutional and 44 angel.
Investors in Smartron
Smartron has secured backing from 51 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kaam, LCGC and Global Emerging Markets.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | – | gemny.com | New York, United States | |
Online job board platform for the hospitality sector | 2002 | kaam.com | Mumbai, India | |
Manufacturer & supplier of products and systems for chromatography | 2004 | lcgcindia.com | Hyderabad, India | |
Financial consulting services are provided by Tron Group. | – | trongroup.com | Boston, United States | |
Diversified investment management services are provided across multiple sectors. | – | promtechimpex.tcc.mode | Mumbai, India | |
Business consulting is provided for legal, media, and finance industries. | – | formulaonepromotionsandentertainment.tcc.mode | Mumbai, India | |
Provider of government programs access & development services | – | kacst.edu.sa | Riyadh, Saudi Arabia | |
DR Damodar R Thummalapally | - | – | unknown_38a7a8d8ab2547e18 | - |
KY Krishna Yarlagadda | Founder of Imagination Technologies, active angel investor in Indian startups | – | unknown_079ab09042c14447b | - |
SS Srikanth Sundararajan | Venture Partner at Epiq Capital, ex-CIO Aspada, active angel investor | – | unknown_fa3529d1911444c4b | - |
Investor details for Smartron
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Smartron India Private Limited (Smartron)
Smartron India Private Limited is the primary company behind Smartron. The board of Smartron India Private Limited currently have 3 directors; the longest-serving is Maheswara Lingareddy Reddy, appointed in 2014. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maheswara Lingareddy Reddy DIN 03374508 | Director | 26 Feb 2014 | 12 yrs 7 mo | Smartron India Private Limited |
| Santosh Kumar Patil DIN 07627630 | Managing Director | 21 Dec 2019 | 6 yrs 10 mo | Smartron India Private Limited |
| Raghu Babu Gunturu DIN 00003217 | IRP/RP/Liquidator | 14 Feb 2024 | 2 yrs 8 mo | Smartron India Private Limited |
People of Smartron
5 people are tracked at Smartron (3 in leadership, 2 in team); the tracked headcount is 204.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Kelvin Amira | CEO | Leadership |
Mahesh Lingareddy | Founder and Chairman | Leadership |
Srini Kumar | Human Resources | Team |
Pratik Raikar | After Sale Service Provider | Team |
Complete people profiles for Smartron
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Financials of Smartron
Figures of Smartron India Private Limited, the primary company behind Smartron, for FY 2019. Revenue was ₹26.23 Cr (-78% year on year). Net loss was -₹79.86 Cr (-296% margin). EBITDA was -₹62.53 Cr (-232% margin). Revenue has grown at a compounded annual rate of +34% over three years.
- ₹26.23 CrRevenue · FY 2019 · -78% YoY
- -₹79.86 CrNet loss · -296% margin
- -₹62.53 CrEBITDA · -232% margin
- ₹1.12 CrPaid-up capital
- 204Employees (provident fund records)
- +34%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Smartron India Private Limited are on its company page.
Detailed financial statements for Smartron
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- Downloads
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Investments & Acquisitions by Smartron
Smartron has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MiQASA, Miqasa and Volta Motors.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Home automation modules are developed for smart switch boards. | miqasa.net | Hyderabad, India | 2015 | Dec 2017 | $1M | |
Miqasa is associated with the domain miqasa.io. | miqasa.io | – | 0 | Dec 2017 | $1M | |
Electric bicycles are developed by India-based Volta Motors. | voltamotors.in | Chennai, India | 2015 | Feb 2017 | •••• |
Complete acquisition details for Smartron
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Timeline of Smartron
8 dated milestones of Smartron across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Smartron is founded.
- Funding First funding round of $2.1M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Volta Motors.
- Acquisition Acquires Miqasa.
- Acquisition Acquires MiQASA.
- Funding Latest funding round, Angel Round, of $4.1M.
Competitors of Smartron
Smartron has 10 listed competitors in our database, 10 of them funded. They include Vivint, ADT, Alarm.com, ecobee and Nest, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vivint.com | 1999 | Provo, United States | $172M | 11,275 | Cloud-based smart security cameras are manufactured for home use. | |
| adt.com | 1874 | Boca Raton, United States | $24.05M | 36,714 | Cloud-based surveillance solutions for home and business security are provided. | |
| alarm.com | 2000 | Tysons, United States | $137.36M | 1,442 | Cloud-based video intercoms and physical security systems are provided. | |
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| nest.com | 2010 | Palo Alto, United States | $80M | 307 | Provider of hardware and software for monitoring home energy consumption | |
| atomberg.com | 2012 | Mumbai, India | $95.2M | 957 | Energy-efficient ceiling fans and smart home appliances are provided. | |
| wyze.com | 2017 | Kirkland, United States | $165M | 130 | Cloud-based smart security cameras are manufactured for video surveillance. | |
| aqara.com | 2014 | New York, United States | $156.47M | – | Diversified smart home products are supplied for B2B applications. | |
| netatmo.com | 2011 | – | $37.8M | – | Diversified smart home products are manufactured and supplied by Netatmo. | |
| smartrent.com | 2017 | Scottsdale, United States | $137.57M | 526 | Cloud-based smart home management solutions for rentals are provided. |
Detailed competitors of Smartron
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Web traffic of Smartron
The website of Smartron (smartron.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 30.9% vs previous month
Websites whose visitors overlap most with Smartron. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
techreviewscorner.com | techreviewscorner.com | 100% | – | #3,069,206 | – |
vegamovies.gr | vegamovies.gr | 99% | – | #6,335,708 | – |
vegamovise.us | vegamovise.us | 92% | – | – | – |
| linkedin.com | 64% | 1.9B | #18 | View details | |
vegamovies.md | vegamovies.md | 64% | – | #7,813,625 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Smartron
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Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Smartron (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Smartron
Complete news archive for Smartron
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Articles about Smartron on our blog
- Top 7 Indian Laptop Brands02 Jul 2020
Frequently Asked Questions about Smartron
Smartron was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Smartron is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Kelvin Amira is the current CEO of Smartron.
Smartron is a funded company, having raised a total of $20.32M across 10 funding rounds to date. The company's 1st funding round was a Seed of $2.09M, raised on Feb 2015.
Smartron has 204 employees.
The primary company behind Smartron, Smartron India Private Limited, reported revenue of ₹26.23 Cr for FY 2019, down 78% year on year.
Smart home products are manufactured by Smartron, established in 2014 and headquartered in Hyderabad, India. Research and development centers are operated in Bengaluru and Hyderabad. The company was founded by Maheswara Lingareddy Reddy, former co-founder of silicon semiconductor firm Soft Machines. Undisclosed funding was raised from Sachin Tendulkar in March 2016, with him serving as brand ambassador. Additional funding was secured from Sanjay Jha, CEO of GlobalFoundries, in March 2017.
Smartron offers t.home, t.bike, tphone, tbook, and tband.
Smartron has made 3 acquisitions, including MiQASA, Miqasa, and Volta Motors.
Smartron has 51 investors. Key investors include Kaam, LCGC, Global Emerging Markets, Damodar R Thummalapally, and Krishna Yarlagadda.
The valuation of Smartron is $1.19B as of May 2020.