4 startups giving aspirations to IoT development in India
Internet of Things (IoT) has evolved as one of the wildest ecosystems today. India is part of the global IoT revolution. Previously dictated by big players like Google, IBM, Intel, Ericsson, Cisco, Intel, Apple and Amazon, the IoT space is now being enabled by the startup ecosystem in the country. MA report by IDC suggests that IoT will garner $6 trillion of investments till 2020. The Indian government is spending $1 billion of budget on the smart cities project, which is majorly driven by IoT technologies. Here are 4 Indian startups giving aspirations to IoT development in India.
MicroGO, a leading innovation company in the health and hygiene domain, leading the next generation internet of things (IoT) enabled hygiene solution called GOassureTMLITE - India's first smart hand hygiene station that is lightweight, IOT enabled and assures good hand hygiene practices. The state-of-the-art solution is designed especially for healthcare and public spaces. The products roots for good hygiene practices similar to GOassureTM MAX, but in a 10X scalable model. The startup is solving the problem of hand hygiene and is working with 19 airports such as Chennai, Kolkata, Pune, Baroda, Hyderabad, Jaipur, Guwahati, etc. MicroGO also caters to end-to-end WaSH (Water, Sanitation and Hygiene) solutions to its customers with their products GOhandsTM, GOcleanTM, GOfreshTM, GOpureTM, and GOpure+TM
The startup co-founded in 2013 is a data-driven energy efficiency platform. The company uses advanced Machine Learning models to provide energy savings for large commercial consumers. In 2017, the startup raised $1 million pre-series A funding by Pi Ventures. The startup is solving a unique problem of electric power loss.
TagBox is helping companies to mentor individual shipments and products. The smart supply chain solution is designed to work with the e-commerce platforms. The tags developed by the company works in three layers. The physical layers includes BLE-driven sensor. The tag uploads data to the gateway, putting it on the cloud. The solution predicts the possible mistakes and failures in the shipments.
Mumbai-based IoT startup is using data mining technologies to automate the water management problems in urban areas. The startup by IIT-Bombay graduates provides both software and hardware. The complete IoT framework can be customized for different use. The startup currently works with vendors, contractors and manufacturers. Falcon Labs has worked on projects in states like Haryana and West Bengal.