Thingsup

Pune, India Founded: 2016 • Age: 10 yrs
IoT and cloud-based supply chain visibility solutions are provided.
Annual revenue $122,691 Latest available
Total funding $700,000 2 rounds
Employees 29 Tracked headcount
Investors 25 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Thingsup

Thingsup is a company based in Pune (India) founded in 2016 by Akshay J Ghadage and Pranav H Naiknavare. Thingsup has raised $700 thousand across 2 funding rounds from investors including Lead Angels, Udyat and Silverneedle Ventures. The company has 29 employees as of April 05, 2024. Thingsup offers products and services including IoT Platform, Cold Chain Monitoring, Electric Vehicle Monitoring, and Energy Monitoring System. Thingsup operates in a competitive market with competitors including PubNub, Controlant, Seebo, ThingWorx and Winjit, among others.

  • Headquarter Pune, India
  • Employees 29 as on 05 Apr, 2024
  • Founders Akshay J Ghadage, Pranav H Naiknavare
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Iobot Technologies India Private Limited
  • Date of Incorporation 01 Nov, 2016
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $122.69 K (USD)
    60.96
    as on Mar 31, 2022
  • Net Profit
    -$40.46 K (USD)
    -428.17
    as on Mar 31, 2022
  • EBITDA
    -$39.81 K (USD)
    -507.08
    as on Mar 31, 2022
  • Total Equity Funding
    $700 K (USD)

    in 2 rounds

  • Latest Funding Round
    $600 K (USD), Seed

    Dec 13, 2022

  • Investors
    Lead Angels

    & 24 more

  • Employee Count
    29

    as on Apr 05, 2024

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Products & Services of Thingsup

Thingsup offers a comprehensive portfolio of products and services, including IoT Platform, Cold Chain Monitoring, Electric Vehicle Monitoring, and Energy Monitoring System.

Product name locked
Category locked
Primary

Platform for managing and analyzing IoT devices in real time

Product name locked
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System for remote temperature tracking of perishable goods

Product name locked
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Tool for real-time battery health and route optimization

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Solution for tracking and optimizing energy usage in facilities

People of Thingsup

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Akshay Ghadage
Chief Executive Officer
People
Pranav Naiknavare
Co-founder
People
Abhay Pandey
Senior Business Development Manager / Senior Iot Consultant
People
Rucha Shinde
EV Iot Consultant

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Funding Insights of Thingsup

Thingsup has successfully raised a total of $700K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in December 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 Thingsup

Thingsup has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lead Angels, Udyat and Silverneedle Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund
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Investment in high-growth startups and angel funding services in India.
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Early-stage tech investments are focused on by GSF in India.
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Investor details for Thingsup

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

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Investments & Acquisitions by Thingsup

Investments
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Investment portfolio details for Thingsup

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Thingsup

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Detailed financials for Thingsup

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  • Profit trends
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Thingsup Comparisons

Thingsup Primary company
Description
IoT and cloud-based supply chain visibility solutions are pr...
Location
Pune, India
Founded Year
2016
Annual Revenue
$122.69 K (USD)
Net Profit
-$40.46 K (USD)
EBITDA
-$39.81 K (USD)
Employees
29
As of 2024
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Peer comparison for Thingsup

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Competitors of Thingsup

Thingsup 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 PubNub, Controlant, Seebo, ThingWorx and Winjit, among others.

Company Name Domain Founded year HQ Location Description
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Real-time app development is facilitated via cloud-based infrastructure.
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Cloud-based visibility is offered for cold chain supply management.
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Cloud-based digital twin platform for IoT lifecycle management is provided.
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Platform to build and run applications for connected devices
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IoT application development platform and mobility solutions are provided.
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Provider of cloud-based edge computing platform
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Detailed competitors of Thingsup

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  • Domains and locations
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  • Competitive positioning

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Latest news on Thingsup

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Complete news archive for Thingsup

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Thingsup

Thingsup was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Thingsup is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Akshay J Ghadage is the current CEO of Thingsup. They have also founded this company.

Thingsup is a funded company, having raised a total of $700K across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Thingsup is 29.

Annual revenue of Thingsup is $122.69K as on Mar 31, 2022.

Thingsup was founded in 2016 in Pune, India, focusing on the IoT and cloud sector for supply chain management. Solutions for monitoring electric vehicles, assets, temperature, humidity, cold chains, and fuel are delivered. Operations center on visibility tools that track and manage logistics in real-time, serving industries requiring precise environmental and asset oversight across various geographies.

Thingsup's top competitors include Winjit, PubNub and Controlant.

Thingsup offers IoT Platform, Cold Chain Monitoring, Electric Vehicle Monitoring, and Energy Monitoring System.

Thingsup has 25 investors. Key investors include Lead Angels, Udyat, Silverneedle Ventures, GSF India, and Rajesh Sawhney.

The valuation of Thingsup is $3.58M as of Dec 2022.

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