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Artificial Intelligence Companies in India's IoT Applications Sector

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Artificial Intelligence companies in IoT Applications in India

There are 138 Artificial Intelligence companies in IoT Applications in India which include Smart Joules, Fyllo, Fleetx, Intangles, Infinite Uptime. Out of these, 64 startups are funded, with 14 having secured Series A+ funding.
Over the past 10 years, an average of 9 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, BITS Pilani and IIM Ahmedabad.

Here is the list of top Artificial Intelligence companies in IoT Applications in India

AI-powered energy management and HVAC solution. It features a reinforcement learning algorithm which helps to self-learn from user behaviour and energy usage patterns in building. It also provides a Cooling-as-a-Service solution, which enables a suite of HVAC services for commercial and industrial buildings.

Key facts about Smart Joules

ML-based IoT systems for the agriculture industry. It develops an agri-science platform for monitoring the quantity and quality of produce in farms. Its system understands and measures the requirements of plants on a real-time and provides periodic advice to farmers.

Key facts about Fyllo

Provider of AI-powered fleet and logistics management solutions. It offers a cloud-based platform to digitize operations, connecting assets, processes, and people. The platform uses IoT, big data, and AI to provide real-time visibility and actionable insights. Solutions include fleet management, transport management, and transportation ERP systems, encompassing features such as predictive maintenance, consignment management, and fuel tracking. These tools aim to improve efficiency, enhance safety, and drive sustainability across various industries.

Key facts about Fleetx

  • Founded Year: 2017
  • Location: Gurugram (India)
  • Stage: Series C
  • Total Funding till date: $26.4M
  • Investors: Beenext, India Quotient and 56 Others
  • Latest Funding Round: Series C, May 27, 2025
  • Tracxn Score: 60/100 What is this?
  • Competitors Rank: 13 of 2,563 Competitors
Digital twin and IoT-enabled solutions for vehicle monitoring and fleet management. The platform offers various solutions for vehicle tracking, vehicle health monitoring, driver behavior monitoring, and fuel monitoring. It offers hardware devices including OBD devices and fuel sensors that need to be placed in the vehicles and synchronized with the Indium software platform for real-time tracking and access. It features prognostic monitoring, an interactive dashboard, and hybrid analytics on the fleet.

Key facts about Intangles

Provider of AI-powered predictive maintenance solutions for industrial equipment. It offers a service that uses advanced analytics and interconnected data to provide actionable insights into equipment health. This enables proactive maintenance, reducing downtime and optimizing performance across various industries. The platform integrates artificial intelligence for precise fault diagnosis and offers real-time monitoring capabilities. The service includes comprehensive support and aims to improve equipment reliability and process reliability.

Key facts about Infinite Uptime

  • Founded Year: 2015
  • Location: Alpharetta (United States)
  • Stage: Series C
  • Total Funding till date: $68.6M
  • Investors: Ventureast, IIML and 20 Others
  • Latest Funding Round: Series C, Mar 10, 2025, $35M
  • Tracxn Score: 59/100 What is this?
  • Competitors Rank: 4 of 396 Competitors
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