Wise Automation

Pune, India Founded: 2019 • Age: 7 yrs
Offers app-based automated solutions for home lighting.

About Wise Automation

Wise Automation is a company based in Pune (India) founded in 2019 by Sagar Deshpande. It operates as a B2C. Wise Automation operates in a competitive market with competitors including Resideo, Operto, Bidgely, epilot and KODE Labs, among others.

Key Metrics
  • Annual Revenue
    ₹88.2 Lakh

    FY 2021 · +54% YoY

  • Net Profit
    ₹4.8 Lakh

    FY 2021 · 5% margin

  • EBITDA
    ₹4.7 Lakh

    FY 2021 · 5% margin

Board of directors of Cleveta Technologies Private Limited (Wise Automation)

Cleveta Technologies Private Limited is the primary company behind Wise Automation. The board of Cleveta Technologies Private Limited currently have 3 directors; the longest-serving is Sagar Laxmikant Deshpande, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sagar Laxmikant Deshpande
DIN 08324074
Director08 Jan 20197 yrs 9 moCleveta Technologies Private Limited
Sujeet Sanjay Kulkarni
DIN 07396326
Director08 Jan 20197 yrs 9 moCleveta Technologies Private Limited
Paresh Ramesh Tapiawala
DIN 08669860
Director01 Feb 20233 yrs 8 moCleveta Technologies Private Limited

People of Wise Automation

1 people are tracked at Wise Automation (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of Wise Automation

Figures of Cleveta Technologies Private Limited, the primary company behind Wise Automation, for FY 2021. Revenue was ₹88.2 Lakh (+54% year on year). Net profit was ₹4.8 Lakh (5% margin). EBITDA was ₹4.7 Lakh (5% margin).

  • ₹88.2 LakhRevenue · FY 2021 · +54% YoY
  • ₹4.8 LakhNet profit · 5% margin
  • ₹4.7 LakhEBITDA · 5% margin
  • ₹1.6 LakhPaid-up capital

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

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Detailed financial statements for Wise Automation

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Competitors of Wise Automation

Wise Automation 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 Resideo, Operto, Bidgely, epilot and KODE Labs, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
resideo.com2018Wilmington, United States–293
Smart home products for security and energy efficiency are provided.
operto.com2005Vancouver, Canada$37.05M–
Provider of cloud-enabled property automation and access control solutions
bidgely.com2011Mountain View, United States$87.66M39
Household energy use is monitored and managed via disaggregated analysis.
epilot.cloud2017Cologne, Germany$10.82M41
Customer management solutions including CRM and automation are provided.
kodelabs.com2017Detroit, United States$38.02M–
SaaS driven building operating system
grcooling.com2009Austin, United States$35.46M21
Oil immersion cooling solutions for data centers are provided.
zenatix.com2013Gurugram, India$1.74M155
Energy consumption patterns are monitored and optimized through analytics.
logicladder.com2011Gurugram, India$3.82M–
Sustainability software for ESG reporting and climate action.
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Detailed competitors of Wise Automation

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Similar companies to Wise Automation

10 companies that operate in the same segment as Wise Automation (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 Wise Automation

Wise Automation was founded in 2019.

Wise Automation is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

The primary company behind Wise Automation, Cleveta Technologies Private Limited, reported revenue of β‚Ή88.2 Lakh for FY 2021, up 54% year on year.

Wise Automation operates with a B2C model, focusing on leveraging cutting-edge technology, smart home, offering home automation, and lighting solutions. Offers app-based automated solutions for home lighting. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Wise Automation's top competitors include Resideo, Bidgely and Zenatix.

Wise Automation operates through Cleveta Technologies Private Limited.

The legal entities of Wise Automation currently have 3 directors, including Paresh Ramesh Tapiawala, Sagar Laxmikant Deshpande, Sujeet Sanjay Kulkarni.

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