TechProm IoT

Pune, India Founded: 2017 • Age: 9 yrs
Provider of smart parking equipments

About TechProm IoT

TechProm IoT is a company based in Pune (India) founded in 2017 by Sarang Mokashi. TechProm IoT operates in a competitive market with competitors including Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.

  • Headquarter Pune, India
  • Founders Sarang Mokashi
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website techpromiot.com
  • Social LinkedIn X Facebook
  • Legal Name Techprom Iot Solutions Private Limited
  • Date of Incorporation 22 Jan, 2020
  • Jurisdiction Vastrapur, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹3.9 Lakh

    FY 2023 · -40% YoY

  • Net Loss
    -₹19.8 Lakh

    FY 2023 · -509% margin

  • EBITDA
    -₹16 Lakh

    FY 2023 · -412% margin

Board of directors of Techprom Iot Solutions Private Limited (TechProm IoT)

Techprom Iot Solutions Private Limited is the primary company behind TechProm IoT. The boards of the 2 registered companies of TechProm IoT currently have 2 directors; the longest-serving is Sarang Shantanu Mokashi, appointed in 2020. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sarang Shantanu Mokashi
DIN 07825645
Director22 Jan 20206 yrs 8 moTechprom Iot Solutions Private Limited, Techprometheon Internet Private Limited
Abhishek Avinash Babhulkar
DIN 08375482
Director22 Jan 20206 yrs 8 moTechprom Iot Solutions Private Limited, Techprometheon Internet Private Limited

People of TechProm IoT

1 people are tracked at TechProm IoT (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of TechProm IoT

Figures of Techprom Iot Solutions Private Limited, the primary company behind TechProm IoT, for FY 2023. Revenue was ₹3.9 Lakh (-40% year on year). Net loss was -₹19.8 Lakh (-509% margin). EBITDA was -₹16 Lakh (-412% margin).

  • ₹3.9 LakhRevenue · FY 2023 · -40% YoY
  • -₹19.8 LakhNet loss · -509% margin
  • -₹16 LakhEBITDA · -412% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Techprom Iot Solutions Private Limited are on its company page.

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Detailed financial statements for TechProm IoT

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Competitors of TechProm IoT

TechProm IoT 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 Parkhub, Arrive, FlashParking, Metropolis and REEF, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
parkhub.com2010Dallas, United States$15.61M59
Provider of comprehensive parking management solutions
arrive.com2006Chicago, United States$65.3M1
Tech-enabled platform for parking and mobility management solutions is provided.
flashparking.com2011Austin, United States$313M–
Parking management systems are delivered via SaaS-enabled hardware and software.
metropolis.io2017Los Angeles, United States$332.92M92
End-to-end parking management solutions are provided via an AI-enabled platform.
reeftechnology.com2013Miami, United States$766.48M7,150
REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
t2systems.com1994Indianapolis, United States$31M176
Parking management solutions for events and venues are provided.
swarco.com1969Wattens, Austria–61
Parking and traffic management solutions are provided globally.
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Detailed competitors of TechProm IoT

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Similar companies to TechProm IoT

10 companies that operate in the same segment as TechProm IoT (Smart Infrastructure & Cities), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Web3 infrastructure solutions are offered via a blockchain platform.
2021Palo Alto, California, United StatesUSD 336 M––
Blockchain-based public network for financial industry is operated.
2018Brooklyn, New York, United StatesUSD 368 M––
Online platform for blockchain and smart contract cybersecurity
2017New York, New York, United StatesUSD 296.15 M––
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Real-time, historical, and predictive traffic data solutions are provided.
2004Kirkland, Washington, United StatesUSD 143.1 M–126
App-based platform offering electric charge point locater services
2014Bristol, England, United KingdomUSD 16.42 M––
AI-enabled mobility-as-service platform is developed for transit operators.
2012Ness Ziona, Central District, IsraelUSD 131.5 M––
Provider of integrated security solutions for homes, businesses, and events
2020Bengaluru, Karnataka, IndiaUSD 12.21 MUSD 451.17 K149
An app-based platform for electric vehicle shuttle services is operated.
2011New York, New York, United StatesUSD 29.26 M––
Provider of smart street lighting solutions
1992Jaipur, Rajasthan, India–USD 504.88 M1,430
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Frequently Asked Questions about TechProm IoT

TechProm IoT was founded in 2017.

TechProm IoT is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

The primary company behind TechProm IoT, Techprom Iot Solutions Private Limited, reported revenue of β‚Ή3.9 Lakh for FY 2023, down 40% year on year.

TechProm IoT was founded in 2017 in Pune, India, and operates within the IoT sector focused on urban mobility. Smart parking devices such as Spotbot ECO, SpotbotLB, and SpotbotEB are offered, enabling indoor navigation, parking lot guidance, and space reservations. Connectivity via LoRa and Bluetooth is utilized, alongside features like extended battery life, minimal maintenance requirements, straightforward installation, and compatibility with broader smart parking systems.

TechProm IoT's top competitors include Arrive, Parkhub and Metropolis.

TechProm IoT is associated with 2 legal entities: Techprom Iot Solutions Private Limited, Techprometheon Internet Private Limited.

The legal entities of TechProm IoT currently have 2 directors, including Sarang Shantanu Mokashi, Abhishek Avinash Babhulkar.

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