Top 10 IoT startups in

India – 2016
JULY 3, 2016 by IOT INDIA MAGAZINE5240
Internet of Things (IoT) seems to be the latest buzzword in the IT and analytics community. Typically, IoT goes
beyond the machine-to-machine communications and covers a variety of devices and applications.
Consequently, analytics is used for predictive decision-making using data generated from these M2M and IoT
devices. Thus, making it imperative for IoT companies to have indepth knowledge of analytics to realize their
full potential for developing futuristic products.

With various funding options available, the number of startups continues to be on the rise in India. In order to
keep up with the blurring borders between analytics and IoT, it is important to support and watch out the early
birds in the world of IoT startups. So, we present to you, the emerging IoT startups (listed in alphabetical order)
to keep on your radar for 2016!

Altiux

Altiux innovations is a software and product

engineering services company with a focus on IoT. Their software and services portfolio encompasses the entire
IoT ecosystem including edge nodes, gateways, IoT platform and data analytics solutions and can be leveraged
by Semiconductor companies, OEMs and system integrators to develop highly differentiated products for the
connected world for accelerating design, development and deployment of cutting edge IoT solutions.

Their product engineering services portfolio includes consulting services, device engineering services,
application engineering services and analytics services to help build highly differentiated IoT solutions.

Altizon Systems
Founded in April 2013, by Vinay Nathan, Yogesh Kulkarni
and Ranjit Nair and funded by The Hive, Infuse Ventures and Persistent Venture Fund, Altizon is headquartered
in Pune, India and has a presence in Palo Alto, CA.
 Altizon is the world’s first Industrial Internet Platform Company
focused on making Enterprises Internet of Things (IoT) ready. Their flagship product, the Datonis IoT Platform,
available both in a SaaS as well as in a Hosted model, helps in building IoT product in weeks by providing
device connectivity kits, a device management layer, a highly-scalable, real-time, big-data analytics engine and
alerting and monitoring services.

Datonis easily integrates with the existing IT systems to provide a seamless transition between your IoT devices
and your IT infrastructure management tools.They work with enterprises from Manufacturing and Cleantech
sector. Primarily, their customers use Datonis for Condition Monitoring, Predictive Analytics, Operations and
for driving Consumer Insights.

Cooey

Prabhakaran
Catering to the needs of today’s senior citizens who prefer to live independently, in an assisted living
environment or retirement community,Cooey has targeted the lack of mechanism that captures their
comprehensive medical history and hospital services.
Manu Madhusudanan
Cooey has developed dynamic, holistic, personalized and easy-to-understand solutions that empower chronically
ill patients to safely and securely manage their health information from a single spot – accessible anytime,
anywhere.

Cooey’s end-to-end health-monitoring IoT platform allows the users to collect, store, analyze and share their
medical summary with the doctor, while providing insights and personalized health tips to patients based on
their medical profile. Further, it helps connect users with various healthcare service provides to get personalized
services, viz., medicines, lab tests, or home care services, delivered to their doorstep.

Cooey has introduced three devices so far – Wireless Body Fat Analyzer and Blood Pressure Monitor were
launched on Flipkart in November 2015. It’s Smart Glucometer is coming soon. The Company was founded in
2015 by Manu Madhusudanan and Prabhakaran T P.

EcoAxis

EcoAxis is amongst the pioneers in the Industrial IoT space in

India. Since 2007, EcoAxis has analyzed over 7.5 Trillion1 data points and delivered valuable business insights
to top manufacturing, hospitality and commercial facilities and has helped reduce cost, maximize efficiency and
gain improved control over productivity leaks, unlocking potential and business value from captive data.

EcoAxis solutions includes, SuperAxisTM, a cloud-based analytics platform that provides integrated analytics
on critical process and business information.

Additionally, their Smart Manufacturing Suite integrates machinery inputs and processes within plants and
factories to improve operational efficiencies. Further, access across the value chain to reports, notifications and
predictions help continuously optimize business results.

Also, their Smart Sustainability Suite generates intelligence from captive ecosystem to consistently improve
quality and comfort for the end-user, thereby allowing resource optimization in a sustainable and responsible
manner. Leverages the twin competencies of Resource monitoring (electrical energy, fuel, water, air and noise)
and Resource usage analytics for facilities, plants such as WTP, STP, chillers, pollution monitoring.
Then they also have a Smart Technology Suite that enabling OEM products such as batteries, compressors,
boilers and the like, to be “intelligent” in order to improve efficiency and maximize product-life while reducing
total cost of ownership.

Entrib
Entrib aims to bring new age IT to the manufacturing shop floor with their
product ShopWorx.

ShopWorx is a real time big data monitoring & analytics solution, specifically targeted towards operations of a
manufacturing shop floor and has been customized for two verticals – Plastics Manufacturers and Automotive
Assembly line. Using real time data from devices, sensors, machines, big data based analytics, combined with
the power of mobile apps, ShopWorx brings people, machines and processes in a unique manner solving
specific problems seen in the Indian Manufacturing industry.

They have Saved $200,000+  for Smart Customers, Monitored 50 Million+ Products, Connected 700+ Smart
Machines, Saved 100,000+ hours for Smart Customers, and more. Further, Entrib is also working on getting
ShopWorx to predict machine downtime, maintenance, energy consumption and connecting the machines to the
enterprises.
 SPAN

Span is an established software services company

offering comprehensive IT services since 1994 with a global footprint through their offices in U.S., Singapore,
India and Europe. Their clients include Fortune 1000 companies, software firms (ISVs) and tech start-ups.
Interestingly, Span is owned by the largest Nordic IT services major, Evry.

Span’s Digital Transformation Stack (DTS) provides end-to-end solutions for organizations to accelerate their
digital journey. DTS is currently used by many startups and organizations to speed up DevOps and gain real-
time insights critical for their businesses. This stack comprises of Digital Experience, Digital Connect, Digital
Analyzer, Digital Presence and Digital Operations. Smart Device Connect is a part of Digital Connect which
offers an easy way to establish, monitor and manage integrations across devices and IoT platforms.

Maven System

Founded by Dhananjay Kulkarni and Sunil Desai, Maven Systems is a M2M / IoT product development
company with expertise in wireless connectivity. Their solutions feature technologies like ZigBee, BLE, Wi-Fi,
GPRS, 3G, and WiMAX.
Their indigenous solutions are used for smart metering, smart lighting, telematics, remote monitoring of mining
and construction equipment, diesel generator sets, solar panels and so on.1 In fact, it is the first company in
India to have a remote monitoring solution for underground mining equipment and a hybrid ZigBee to
proprietary mesh protocol solution for automated meter reading.

With clients in 19 different countries, Maven monitors more than 21,000 smart meters, controls more than
10,000 street lights, and has over 1,000 devices for remote monitoring for GPS location, fuel, and various other
parameters of heavy machines.

Nexiot

Nexiot – Accelerating Innovation, is a Bangalore based

Internet of Things (IoT) & Electronics innovation focussed organization. Led by a group of experienced
technocrats with expertise in electronics, sensors, wireless, robotics & information technology domains with
global exposure, Nexiot is strongly positioned to provide superior solutions to customers across the globe.

They provide solutions for Smart Water, Energy, Resources Management, Automation & Beacon based
applications. Moreover, they offer most comprehensive Certification Programs for IoT Startups – aspiring
Entrepreneurs and IoT System Design enthusiasts. The programs are designed in collaboration with Industry
leading solution providers and are offered both online & taught in-classroom. Their core objective is to build
competency for designing & implementing end-to-end industry standard IoT solutions.

Nexiot is also launching a Global IoT Technology Center, which is a unique one-stop center to enable designers
& engineers select the best technologies for implementing IoT solutions as well as a portal to support on Career
for Job opportunities focussing on IoT.

SenseGiz

SenseGiz makes consumer and enterprise products in the

wearable tech & IoT space. Their primary focus is to design and build IoT solutions for security, defence and
smart city applications. Typically, their products consist of smart hardware units with a cloud backend for
processing and connectivity to smartphones for user interface and control.

SenseGiz’s mesh network based IoT platform is the easiest and most cost effective way to deploy a IoT solution
anywhere in the world – be it for a home/office location or a large factory or city wide installation. It’s a
platform where customers can connect lifestyle, energy, remote monitoring, security, public infrastructure, and
healthcare applications with intelligent devices managed by mobile apps connected to the cloud.

Yuktix

Yuktix is an IoT startup based out of Bangalore creating environment

monitoring solutions for emerging markets. They aim to create next generation monitoring solutions focused on
making data mobile and data capture, visualization and analysis in a true plug and play proposition. Customers
have different data capture needs and developing solutions from scratch every time adds to the cost.

Yuktix is developing need specific environment monitoring solutions. Their IoT platform consists of a sensor
catalog, a device that acquires inputs from sensors and multiple network options to send data to the cloud from
anywhere. It provides a ready to market catalog for weather, air quality, gases and water sensors and more
through their multiple communication options such as GSM/GPRS, Ethernet, WiFi and 6LowPAN to cover all
types of needs.

To create a domain specific solution, customers can pick required sensors from the catalog, plug it in the device
and start receiving data on the cloud. Further, Yuktix cloud allows them to create and group multiple devices,
set notifications for important events and store and visualize data. They provide API and connectors to make
system integration easy.

This emerging startups list gives a window into the possibilities for disruption in the IoT and analytics space.
Further, it also drops hints on what trends are likely to emerge this year, though we would be covering that
towards the end of this year, so keep dropping by on analytics india magazine and keep yourself updated on the
buzz in the analytics community!

info@analyticsindiamag.com