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Smartron
Global technology OEM brand — AI-powered IoT platform and connected devices, from phones and wearables to e-bikes and the smart home
About Smartron
Smartron, established in 2014, is an Indian company focused on building a global technology brand centered around the Internet of Things (IoT). It was founded by Mahesh Lingareddy, Narsi Reddy Posham, and Rohit Rathi with the objective of creating India's first global original equipment manufacturer (OEM) and IoT solutions provider. Lingareddy, the Founder and Chairman, brought significant experience from the semiconductor industry, having co-founded Soft Machines, which was later acquired by Intel. This background in core engineering and technology IP underpins Smartron's strategy. The company gained significant public attention when Indian cricketer Sachin Tendulkar invested and became its brand ambassador.
The core of Smartron's business is its proprietary AI-powered IoT platform, tronX. This platform is designed to create a unified ecosystem, allowing a wide array of devices and services to connect and communicate seamlessly. The business operates on two main fronts: producing its own consumer electronics and offering the tronX platform as a service to other businesses (B2B). The company's product portfolio is diverse, including smartphones (t.phone), convertible laptops (t.book), and electric bikes (t.bike). These devices are engineered to be endpoints within the broader tronX ecosystem.
The tronX platform is segmented into several verticals to cater to different client needs. 'tronX Personal' delivers customized content and services, 'tronX Health' manages health data, 'tronX Home' enables smart home automation, and 'tronX Infra' provides management solutions for businesses. This structure allows the company to serve both individual consumers and enterprise clients. Revenue is generated through the sale of its hardware products, such as the t.phone and t.book, and by licensing its AIoT platform to other brands and businesses seeking to build connected applications. In January 2022, the company secured a significant capital commitment of up to $200 million from the Global Emerging Markets (GEM) Group to fuel its growth in smart home, EV, and energy verticals.
Source: Dealroom company dataAt a glance
- Founded
- 2014
- Headquarters
- Hyderabad, India
- Sector
- Home Living
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
TAQNIA
Series B and later1 investor entered at this stage
Global Emerging Markets
Source: Dealroom Talent Intelligence.
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team presence
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