This presentation was done on 29-01-2021 to Entrenet, a startup group based out of Chennai/ South India on VC investments in IOT startups.

1. Venture Capital Investments
in
IOT startups
Status & Trends
2021
Ashok Subramanian,
Director
Sagestreet Advisory Pvt Ltd.,

2. Agenda ( 15
min)
• IOT startups
and funding
• World view
• India view
• Way
forward

3. Status of World IOT Startups &
Funding
26,792
IOT
Startups
$16.7B
Funding
(2018)
Focus on Analytics,
AI and Real Time
monitoring to deliver
customer experiences
Sectors: Discrete
manufacturing ( Industry
4.0), Transportation
Logistics & Utilities
(>50%)
78.4%
raised
more than
2 rounds
Top 5 countries: US, China, the UK,
Canada and India) accounted for 75%
of the total investment volume and
83% of the total investment value in
global IoT tech space

4. World’s Top 10 IOT startups
• Top 10 IOT startups have
raised about $3.6billion with
some startups having raised
$100M+ in less than 6 years.
• 7 of the top 10 IoT startups
focus on Analytics/AI/Data
Science.
• 30% of identified startups
focus on
Industrial/manufacturing
clients
• 43% of the startups are
founded in North America.
USA and in particular the
San Francisco Bay area

5. Top 10 IOT investors in the world (2018)
• 52 funding rounds
• 350.2 m $
• 89.1% increase in investments (
over 2017)
• 145.2% increase in investment
value ( over 2017)

6. Number of IOT
startups in India
• Bengaluru - 720
• NCR - 180
• Mumbai - 94
• Pune - 91
• Hyderabad - 82
• Chennai -64
Source : https://yourstory.com/2019/12/iot-india-industry-startups
INDIA
~ 1500
Indian IoT market will account for 5% of the
global IoT market~Nasscom Report

7. Top 20
IOT startups
in India

8. IOT startups in India are in nascent stage
• 150 rounds since Jan 2014-
Jan 2020 in IOT
• Foreign Investors entering
Indian IOT investment space
• Stellapps’ (Bangalore-based
Agtech Company) Series B :
USD 14 million
• Bill and Melinda Gates
Foundation
• Qualcomm Ventures
• Other Foreign firms:
• Singaporean firm Jungle
Ventures
• Hong Kong-based Mount
Parker Ventures
• US - K2 Capital Group
• US - Unitus Ventures

9. Sectorwise Investments ( India > IOT)
• Top 3 sectors
• Retail -21.93%
• Logistics &
Transport- 21.93%
• Industrial IOT -8.77%
• Large consumer market
drives retail, logistics and
manufacturing
• About 84.5% seed stage
investment ( indicates
nascent stage)

10. Geo-wise Investments ( India > IOT)
• Investments across India
• Beyond Bangalore

11. Namma Chennai
IOT Startups
• Kriti Labs (Chennai, undisclosed) provides end-to-end
solutions using the patented ALS IoT platform.
• DeTect Technologies (2013, Chennai, $4M): Smart solutions
for pipeline integrity management
• Hetrogenous (2003, Chennai, $1M): M2M products and
solutions provider
• LogFuze (2013, Chennai, $250K): Cloud based machine data
analytics platform
• Energyly (2014, Chennai, $111K): Provider of energy
intelligence platform
• Bluesinq (2015, Chennai, Undisclosed): Developing connected
switches and lighting for homes
• Zasti (2017, Chennai, Undisclosed): Developing AI-enabled
cloud platform for predictive maintenance
• nuratechlabs (2014, Chennai, 2M): IoT platform to transform
data into meaningful information for mission-critical industries
• Wegot Utility ( 2015, Chennai, $2M) – IoT Device and platform
to transform data to control water wastage and management in
industries and apartments

12. COVID19 changes things
• Healthcare IOT – Telehealth & Clinical Trials
will become a priority for VCs
• Investment in Automation across Retail,
Logistics will gain more traction
• Industrial IOT ( Industry 4.0/ manufacturing)
will get further jumpstart
Redefining & Refocusing VC charters

13. The VC views on India IOT looks promising
We are good at those
things which an IoT based
technology requires. We will
see global leaders emerging
from India in the Internet of
Things (IoT) domain, just
like you saw top-class global
IT companies emerge out of
India.”
-Samir Kumar, Partner,
Inventus Capital
“In India, as IoT takes
off, I expect we will
see more startup
activity, and hence
more potential for
investment in India.”-
Kumud Srinivasan,
India President of
Intel
The timing is right
because we are seeing a
lot of deep tech including
AI, IOT companies
emerging in India — a lot
of investments are
flowing and exits are
happening,”
~Aloknath De,
Corporate VP & CTO,
Samsung R&D Institute

14. Who are the VCs?
Corporate VCs
•Samsung
•Intel
•Qualcomm
•Flipkart
•Amazon
Sector VCs
•Omnivore
•IFA Fund
•Villgro
Early Stage
Deep Tech VCs
•Cocoon
•Blume
•Pi Ventures
& Many more…

15. What Sagestreet can
do for you?
FOR STARTUPS
• Investor Readiness
• Pitch Deck, Financial Modeling &
Valuation Preparation
• Investor Reach Outs ( Process & Strategies)
• Transaction Advisory
• Enable Global Investments & Conversations
Sagestreet is a boutique investment advisory and
fund management firm.
Sagestreet works with funds, HNIs and family offices
providing investment and wealth advisory.
Sagestreet focusses on startups as a distinct asset
class.

16. Thank You
info@sagestreet.in