Thingonet

Vashi, India Founded: 2023 • Age: 3 yrs
Provides IoT solutions for the transport and automotive industries.

About Thingonet

Thingonet is a Technology company based in Vashi (India) founded in 2023. It provides IoT solutions for the transport and automotive industries. It operates on a B2B model. Its Indian entity Simcom Technologies Private Limited reported revenue of β‚Ή66.5 Lakh. Its focus areas include Internet of Things (IoT), Transport and Automotive and Solutions Provider.

Company details

Thingonet provides iot solutions for the transport and automotive industries, focusing on leveraging cutting-edge technology, internet of things (iot), transport and automotive, and solutions provider. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹66.5 Lakh

    FY 2024 · -35% YoY

  • Net Loss
    -₹20.9 Lakh

    FY 2024 · -31% margin

  • EBITDA
    -₹21.2 Lakh

    FY 2024 · -32% margin

Board of directors of Simcom Technologies Private Limited (Thingonet)

Simcom Technologies Private Limited is the primary company behind Thingonet. The board of Simcom Technologies Private Limited currently have 3 directors; the longest-serving is Parag Suresh Deshpande, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Parag Suresh Deshpande
DIN 08652056
Director27 Dec 20196 yrs 10 moSimcom Technologies Private Limited
Nitin Parshuram Bhoir
DIN 08009897
Director18 Sep 20215 yrs 1 moSimcom Technologies Private Limited
Jayesh Chandrakant Mali
DIN 08486569
Additional Director01 Aug 20233 yrs 3 moSimcom Technologies Private Limited

Financials of Thingonet

Figures of Simcom Technologies Private Limited, the primary company behind Thingonet, for FY 2024. Revenue was ₹66.5 Lakh (-35% year on year). Net loss was -₹20.9 Lakh (-31% margin). EBITDA was -₹21.2 Lakh (-32% margin). Revenue has grown at a compounded annual rate of -8% over three years.

  • ₹66.5 LakhRevenue · FY 2024 · -35% YoY
  • -₹20.9 LakhNet loss · -31% margin
  • -₹21.2 LakhEBITDA · -32% margin
  • ₹1,000Paid-up capital
  • -8%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Simcom Technologies Private Limited are on its company page.

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Frequently Asked Questions about Thingonet

Thingonet was founded in 2023.

Thingonet is headquartered in Vashi, India. It is registered at Vashi, Maharashtra, India.

The primary company behind Thingonet, Simcom Technologies Private Limited, reported revenue of β‚Ή66.5 Lakh for FY 2024, down 35% year on year.

Thingonet provides iot solutions for the transport and automotive industries, focusing on leveraging cutting-edge technology, internet of things (iot), transport and automotive, and solutions provider. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Thingonet operates through Simcom Technologies Private Limited.

The legal entities of Thingonet currently have 3 directors, including Jayesh Chandrakant Mali, Parag Suresh Deshpande, Nitin Parshuram Bhoir.

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