About SSTPL
SSTPL is a Technology company based in Jaipur (India) founded in 2015. Provider of diversified IoT components. SSTPL has raised $671.94 thousand across 1 funding round from investors including Rajasthan Venture Capital Fund. The company has 21 employees. SSTPL was last valued at $3.22 million in November 2021. Its Indian entity Sehaj Synergy Technologies Private Limited reported revenue of ₹3.86 Cr. SSTPL offers products and services including MiniMOD-25, MicroMOD-22, ioLINK Outdoor Gateway, LoRa enabled Smart Energy Meter, and LoRa enabled Water Meter AMR. Its focus areas include High Tech, Internet of Things Infrastructure and IoT Stack.
Company details
SSTPL was established in 2015 in Jaipur, India, within the IoT sector. A range of components is offered, including LoRa communication modules, outdoor and micro gateways, repeaters, control hubs, smart meters for electricity, water, and gases, parking sensors, street light controllers, GPS-based asset trackers, and a cloud-based data platform. Operations center on providing these solutions for various applications across the region.
- Headquarters Jaipur, India
- Employees 21
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website sstpl.in
- Social LinkedIn Facebook Instagram
- Legal Name Sehaj Synergy Technologies Private Limited
- Date of Incorporation 21 Jan, 2015
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹3.86 Cr
FY 2024 · +2% YoY
- Net Loss-₹2.78 Cr
FY 2024 · -72% margin
- EBITDA-₹78.1 Lakh
FY 2024 · -20% margin
- Total Equity Funding$671.94K (USD)
in 1 rounds
- Latest Funding Round$671.94K (USD), Seed
Nov 2021
- Investors
- Employee Count21
Associated legal entities of SSTPL
SSTPL operates through Sehaj Synergy Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sehaj Synergy Technologies Private Limited CIN U72900RJ2015PTC046956 | Active | 21 Jan 2015 | Jaipur, Rajasthan | ₹3.9 Cr | 21 | 4 | View details |
Products & Services of SSTPL
SSTPL offers a comprehensive portfolio of products and services, including MiniMOD-25, MicroMOD-22, ioLINK Outdoor Gateway, LoRa enabled Smart Energy Meter, and LoRa enabled Water Meter AMR.
Affordable IoT end node for various smart applications and integrations.
Compact IoT device for embedded hardware and software development.
Gateway for secure LoRaWAN networks in outdoor environments.
Device that tracks and reports energy usage in real-time applications.
Unit for efficient water usage monitoring and data collection.
Funding Insights of SSTPL
SSTPL has successfully raised a total of $671.94K through 1 strategic funding round. The most recent funding activity was a Seed round of $671.94 thousand completed in November 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.
- Total Funding $671,940
- Total Rounds 1
- Last Round Seed — $671,940
- First Round $671,940
(Nov 2021)
- Investors Count 1
All 1 funding rounds of SSTPL 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 |
|---|---|---|---|---|---|
| Nov 2021 | $671,940 | Seed | $3.22M | Rajasthan Venture Capital Fund | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $3.22M | •••••••• |
Last known valuation $3.22M (Nov 2021). 1 investors in total: 1 institutional.
Investors in SSTPL
SSTPL has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Rajasthan Venture Capital Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in multiple sectors | 2002 | rvcf.org | Jaipur, India |
Investor details for SSTPL
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Sehaj Synergy Technologies Private Limited (SSTPL)
Sehaj Synergy Technologies Private Limited is the primary company behind SSTPL. The board of Sehaj Synergy Technologies Private Limited currently have 4 directors; the longest-serving is Ramesh Verma, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramesh Verma DIN 03499715 | Director | 05 Oct 2016 | 10 yrs | Sehaj Synergy Technologies Private Limited |
| Mohit Jain DIN 07629257 | Director | 05 Oct 2016 | 10 yrs | Sehaj Synergy Technologies Private Limited |
| Peeyush Garg DIN 07628694 | Director | 05 Oct 2016 | 10 yrs | Sehaj Synergy Technologies Private Limited |
| Gopal Agarwal DIN 05219719 | Director | 28 Sep 2017 | 9 yrs 1 mo | Sehaj Synergy Technologies Private Limited |
Financials of SSTPL
Figures of Sehaj Synergy Technologies Private Limited, the primary company behind SSTPL, for FY 2024. Revenue was ₹3.86 Cr (+2% year on year). Net loss was -₹2.78 Cr (-72% margin). EBITDA was -₹78.1 Lakh (-20% margin). Revenue has grown at a compounded annual rate of -2% over three years and +8% over five years.
- ₹3.86 CrRevenue · FY 2024 · +2% YoY
- -₹2.78 CrNet loss · -72% margin
- -₹78.1 LakhEBITDA · -20% margin
- ₹12.6 LakhPaid-up capital
- 21Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sehaj Synergy Technologies Private Limited are on its company page.
Detailed financial statements for SSTPL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SSTPL
3 dated milestones of SSTPL across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SSTPL is founded.
- Funding First funding round of $672K.
- Milestone Reaches Minicorn status.
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Frequently Asked Questions about SSTPL
SSTPL was founded in 2015 and raised its 1st funding round 6 years after it was founded.
SSTPL is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
SSTPL is a funded company, having raised a total of $671.94K across 1 funding round to date. The company's 1st funding round was a Seed of $671.94K, raised on Nov 2021.
SSTPL has 21 employees.
The primary company behind SSTPL, Sehaj Synergy Technologies Private Limited, reported revenue of ₹3.86 Cr for FY 2024, up 2% year on year.
SSTPL was established in 2015 in Jaipur, India, within the IoT sector. A range of components is offered, including LoRa communication modules, outdoor and micro gateways, repeaters, control hubs, smart meters for electricity, water, and gases, parking sensors, street light controllers, GPS-based asset trackers, and a cloud-based data platform. Operations center on providing these solutions for various applications across the region.
SSTPL offers MiniMOD-25, MicroMOD-22, ioLINK Outdoor Gateway, LoRa enabled Smart Energy Meter, and LoRa enabled Water Meter AMR.
SSTPL has 1 investor. Key investors include Rajasthan Venture Capital Fund.
The valuation of SSTPL is $3.22M as of Nov 2021.
SSTPL operates through Sehaj Synergy Technologies Private Limited.
The legal entities of SSTPL currently have 4 directors, including Ramesh Verma, Mohit Jain, Peeyush Garg and others.