About ZestIot
ZestIot is a company based in Hyderabad (India) founded in 2017 by Swati Vasudha, Nidhi Kumar, and Amit Sukhija.. ZestIot has raised $7.83 million across 6 funding rounds from investors including Boeing, 3one4 Capital and IvyCap Ventures. The company has 63 employees as of October 07, 2024. ZestIot offers products and services including Ground Radar, I View, and Predicton. ZestIot operates in a competitive market with competitors including OAG, Airspace Intelligence, FLYdocs, Osprey Flight Solutions and Merlot, among others.
- Headquarter Hyderabad, India
- Employees 63 as on 07 Oct, 2024
- Founders Swati Vasudha, Nidhi Kumar, Amit Sukhija
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Zestiot Technologies Private Limited
- Date of Incorporation 26 Apr, 2016
- Jurisdiction Karnal, Haryana, India
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Annual Revenue
$862.04 K (USD)-9.08as on Mar 31, 2023
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Net Profit
$43.43 K (USD)-81.7as on Mar 31, 2023
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EBITDA
$142.99 K (USD)-59.72as on Mar 31, 2023
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Total Equity Funding
$7.83 M (USD)
in 6 rounds
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Latest Funding Round
$6.5 M (USD), Series A
May 03, 2023
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Investors
Boeing
& 8 more
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Employee Count
63
as on Oct 07, 2024
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Products & Services of ZestIot
ZestIot offers a comprehensive portfolio of products and services, including Ground Radar, I View, and Predicton. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates ground operations in aviation using IoT and AI.
Provides AI-driven video analytics for real-time alerts.
Monitors conveyor belts for efficient industrial operations.
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Funding Insights of ZestIot
ZestIot has successfully raised a total of $7.83M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in May 2023. 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 Total Funding
- Total Rounds 6
- Last Round Series A — $6.5M
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First Round
First Round
(29 Jul 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - ZestIot | Valuation | IvyCap Ventures Advisors | |
| Jun, 2019 | Amount | Seed - ZestIot | Valuation | Pontaq | |
| Jan, 2019 | Amount | Seed - ZestIot | Valuation | Sadguru Solutions |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ZestIot
ZestIot has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Boeing, 3one4 Capital and IvyCap Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location | |
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A diversified evergreen venture fund is managed for accredited investors.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ZestIot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ZestIot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zestiot Comparisons
Competitors of ZestIot
ZestIot 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 OAG, Airspace Intelligence, FLYdocs, Osprey Flight Solutions and Merlot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of a cloud-driven data & operational insights for the aviation industry
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| domain | founded_year | HQ Location |
AI-enabled operational data analytics solutions are provided for airlines.
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| domain | founded_year | HQ Location |
Aircraft operational data is analyzed and records are managed.
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| domain | founded_year | HQ Location |
Offers AI & web-based risk assessment solutions for airline operators
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| domain | founded_year | HQ Location |
Operation planning and crew management suite for airlines operator
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zestiot
Frequently Asked Questions about ZestIot
When was ZestIot founded?
ZestIot was founded in 2017.
Where is ZestIot located?
ZestIot is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of ZestIot?
Amit Sukhija is the current CEO of ZestIot. They have also founded this company.
Is ZestIot a funded company?
ZestIot is a funded company, having raised a total of $7.83M across 6 funding rounds to date. The company's 1st funding round was a Seed of $350.53K, raised on Jul 29, 2017.
How many employees does ZestIot have?
As of Oct 07, 2024, the latest employee count at ZestIot is 63.
What is the annual revenue of ZestIot?
Annual revenue of ZestIot is $862.04K as on Mar 31, 2023.
What does ZestIot do?
ZestIot was founded in 2017 in Hyderabad, India. AI-enabled operational insight solutions are offered by the company for the aviation industry. Asset tracking and passenger management applications are included in its services. Contactless and paperless access control systems are provided, along with retail analytics tools. Operations focus on enhancing efficiency in aviation environments through these technologies.
Who are the top competitors of ZestIot?
ZestIot's top competitors include OAG, Airspace Intelligence and FLYdocs.
What products or services does ZestIot offer?
ZestIot offers Ground Radar, I View, and Predicton.
Who are ZestIot's investors?
ZestIot has 9 investors. Key investors include Boeing, 3one4 Capital, IvyCap Ventures, Pontaq, and Sadguru Solutions.
What is ZestIot's valuation?
The valuation of ZestIot is $5.28M as of Jun 2019.
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