Tuesday, 10 January 2017

Top 3 IoT Startups in India to watch out in 2017

With IoT being the latest buzzword in the world of technology, a lot of innovative and disruptive IoT Startups have emerged in the past few years. With products and solutions ranging from solving the pain-points of the consumers to optimizing the enterprise level operations and maximizing the revenues, these Startups have shown successfully how the future of IoT would shape in India.

While there have been many technology-driven IoT Startups operating in their respective niches, here we have curated the Top 3 IoT Startups in India to watch out in 2017:

1) SenseGiz

Founded in late 2013 in Belgaum by Abhishek Latte, SenseGiz is an IoT and hardware Startup which has gained tremendous success with its flagship product 'Find'. Having sold their product to more than 50 countries and 90 % of revenue being contributed from exports, this Startup is achieving a 100% YOY growth. 

Find lets you track your belongings easily from your smartphone. It triggers an alarm once the distance between your smartphone and your other valuables exceeds the range set by you. Having been successful in the consumer-focussed IoT products, their team is now expanding towards enterprise-focussed product development and solutions for smart city applications, smart sensor networks smart light controlling and smart neighbourhood applications etc.

2) Cooey

Founded in June 2015 by Manu Madhusudanan and Prabhakaran T.P, Cooey is an end-to-end IoT platform that collects, stores, analyzes data related to health and provides insights of vital signs for patients and doctors.

For the end users, it can be seen as a health management application and a single window for life management. The primary target areas for Cooey are Elderly Care, Chronic Patients(Diabetes and Hypertension) and Remote Monitoring. Their main range of products includes Bluetooth Blood Pressure Monitor,  Glucometer and Body Analyser. 

Users can sign up on Cooey App, enter their basic details and the ailments they would like to monitor. Users would then get the detailed overview of the different features of the App and can also upload medical records in the form of PDFs/Images to store them in a digitized format.

3) EasyReach

Founded in November 2014 by Nester Dias and Amol Vedak, EasyReach has established itself as a pioneer in providing end-to-end IoT Solutions for the retail industry in India. With their offices located in Mumbai, Pune, and Bangalore, the EasyReach team has deployed more than 3000 IoT installations in 120+ cities across India.

EasyReach primarily focuses on visibility solutions, asset management solutions, and customer engagement solutions for the retail industry. Their wide range of innovative products like the Easy TV, Easy Label, Easy Mirror, Easy Tracker, Easy Sensors, Easy Order Tracker, Easy Wifi, Easy Radio, Easy Beacon helps the brands as well as the retailers to enhance productivity, track assets, optimize the costs and improve ROI. With centrally controlled content dissemination and data collection for analysis/insights, EasyReach enables optimized operations and data-driven decisions.

Having emerged out as the leader in the cloud-controlled digital signage solutions for the B2B segment, EasyReach is constantly coming up with more unique and technology-driven products for the retail sector.

Although these IoT Startups have been able to develop and implement various innovative solutions successfully in the past 1-2 years, it would be exciting to watch how they shape up the future of IoT in India in 2017 and the coming years.

Written by Rohit Jha

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