About Smartron
Smartron is a company based in Hyderabad (India) founded in 2014 by Maheswara Lingareddy Reddy. Smartron has raised $20.32 million across 10 funding rounds from investors including Kaam, LCGC and Global Emerging Markets. The company has 204 employees as of March 29, 2024. Smartron has completed 3 acquisitions, including MiQASA, Miqasa and Volta Motors. Smartron offers products and services including t.home, t.bike, tphone, tbook, and tband. Smartron operates in a competitive market with competitors including Vivint, ADT, Alarm.com, ecobee and Nest, among others.
- Headquarter Hyderabad, India
- Employees 204 as on 29 Mar, 2024
- Founders Maheswara Lingareddy Reddy
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Smartron India Private Limited
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$3.78 M (USD)-78.04as on Mar 31, 2019
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Net Profit
-$11.19 M (USD)18.62as on Mar 31, 2019
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EBITDA
-$9.81 M (USD)24.36as on Mar 31, 2019
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Total Equity Funding
$20.32 M (USD)
in 10 rounds
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Latest Funding Round
$4.06 M (USD), Angel Round
Feb 28, 2022
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Investors
Kaam
& 50 more
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Employee Count
204
as on Mar 29, 2024
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Investments & Acquisitions
MiQASA
& 2 more
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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.
People of Smartron
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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.
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 |
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Multiple sectors are invested in by this private equity firm.
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Online job board platform for the hospitality sector
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Manufacturer & supplier of products and systems for chromatography
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Investor details for Smartron
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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.
Investment portfolio details for Smartron
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Home automation modules are developed for smart switch boards.
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Electric bicycles are developed by India-based Volta Motors.
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Miqasa is associated with the domain miqasa.io.
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Complete acquisition details for Smartron
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Financial Statements - Smartron
Detailed financials for Smartron
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Smartron Comparisons
Peer comparison for Smartron
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Competitors of Smartron
Smartron 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 Vivint, ADT, Alarm.com, ecobee and Nest, among others.
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Cloud-based smart security cameras are manufactured for home use.
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Cloud-based surveillance solutions for home and business security are provided.
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Cloud-based video intercoms and physical security systems are provided.
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Provider of smart thermostats for commercial and residential applications
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Provider of hardware and software for monitoring home energy consumption
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Energy-efficient ceiling fans and smart home appliances are provided.
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Detailed competitors of Smartron
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Latest news on Smartron
Complete news archive for Smartron
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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.
As of Mar 29, 2024, the latest employee count at Smartron is 204.
Annual revenue of Smartron is $3.78M as on Mar 31, 2019.
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.