About Solus
Solus is a company based in Bengaluru (India) founded in 2003 by Hariom Sharma and Narasimha Swamy was acquired by Dormakaba in August 2021. It operates as a SaaS (Software-as-a-Service), and Managed Services. Solus offers products and services including iSOLUS Platform, iSOLUS Access, iSOLUS Visitors, iSOLUS Attendance, and iSOLUS Vehicles. Solus operates in a competitive market with competitors including Allegion, HID Global, RightCrowd, Identiv and Morpho, among others.
- Headquarter Bengaluru, India
- Founders Hariom Sharma, Narasimha Swamy
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Sectors
Industrial Goods & Manufacturing
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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 Solus Security Systems Private Limited
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Products & Services of Solus
Solus offers a comprehensive portfolio of products and services, including iSOLUS Platform, iSOLUS Access, iSOLUS Visitors, iSOLUS Attendance, and iSOLUS Vehicles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated platform for managing security and access control.
System designed for secure access management in facilities.
Solution for recording and managing visitor data efficiently.
Automated solution for tracking employee time and attendance.
System for managing vehicle access and security tracking.
Funding Insights of Solus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Solus
Solus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dormakaba. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Access control solutions for personnel, vehicles, and buildings are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solus
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Solus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solus Comparisons
Competitors of Solus
Solus 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 Allegion, HID Global, RightCrowd, Identiv and Morpho, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based access control systems and electronic security products are developed.
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| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
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| domain | founded_year | HQ Location |
Physical security integration and data analysis software solutions are developed.
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| domain | founded_year | HQ Location |
Cloud-based integrated access control systems are developed for secure identification.
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| domain | founded_year | HQ Location |
Secure identity authentication solutions are provided through biometric systems.
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| domain | founded_year | HQ Location |
Integrated access control systems with retrofittable locks are manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solus
Frequently Asked Questions about Solus
When was Solus founded?
Solus was founded in 2003.
Where is Solus located?
Solus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Solus?
Narasimha Swamy is the current CEO of Solus. They have also founded this company.
What does Solus do?
Solus is involved in delivering integrated security and surveillance solutions to various industries including corporate, IT, telecom, banking, and healthcare. The company offers a modular security management platform called iSOLUS, which addresses access control, visitor management, and time attendance needs. Services are provided across sectors like government, defense, manufacturing, and education. Comprehensive project management and maintenance support are also extended to clients throughout the product lifecycle.
Who are the top competitors of Solus?
Solus's top competitors include HID Global, Allegion and SafeTrust.
What products or services does Solus offer?
Solus offers iSOLUS Platform, iSOLUS Access, iSOLUS Visitors, iSOLUS Attendance, and iSOLUS Vehicles.
Who are Solus's investors?
Solus has 1 investor. Key investors include Dormakaba.
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