Oakter
Company

Last deal

$148.38K
Local Amount - INR 10M

Amount

Undisclosed

Stage

01.06.2016

Date

2

all rounds

$185.22K

Total amount

date founded

Financing round

General

About Company
Oakter develops IoT-based smart home systems for automating electrical devices.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

Oakter's system allows users to control and manage various household appliances, such as AC, geyser, water motor, mosquito repellent, fish tank, rice cooker, and lamp, through a centrally controlled hub and smartphone application. This internet-enabled, plug and play home automation solution does not require home wifi and integrates into the electrical system without extensive rewiring. Oakter specializes in IoT, Consumer Electronics, EV Charge Points, PoS Soundboxes, Sound & Audio Devices, and GPS Tracking Devices.
Contacts

Contact Email

Social url

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total rounds

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total raised

$112.8M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$185.22K

Money Raised

Their latest funding was raised on 01.06.2016. Their latest investor India Quotient. Their latest round Undisclosed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.06.2016
1
$148.38K
Local Amount - INR 10M
01.03.2016
1
$36.84K
Local Amount - INR 2.5M
Co-Investors
Investors
1
0

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
No
Seed, Undisclosed
India Quotient

India Quotient

India Quotient is a venture capital firm that invests in early-stage Indian startups.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Venture Capital

Location

Mumbai, Maharashtra, India

count Of Investments

158

count Of Exists

17

People

Founders
2
Shishir Gupta
Shishir Gupta

Shishir Gupta

current job

Oakter
Oakter

organization founded

1

Shishir Gupta

Varun Gupta

current job

Oakter
Oakter

organization founded

1

Varun Gupta

Employee Profiles
2
Shishir Gupta

Shishir Gupta

Founder and CEO

Varun Gupta

Founder

Activity

Recent News
1