ThingsUp funding, investors and company details

ThingsUp is an emerging Engineering - Tech Solutions startup from Pune, working in the space of IoT and cloud solutions company specializing in supply chain visibility and industrial automation. Founded by Pranav H. Naiknavare, Akshay J. Ghadage.

Company: IOBOT Technologies India Private Limited
Sector: Engineering - Tech Solutions
Location: Pune
Founders: Pranav H. Naiknavare, Akshay J. Ghadage
Total funding raised: ₹4.96 Cr

Company overview

ThingsUp, founded in 2016, is an IoT and cloud solutions company specializing in supply chain visibility and industrial automation. The company provides a low-code IoT platform that brings together sensors, gateways, cloud infrastructure, and advanced analytics, allowing enterprises to digitize operations and enable real-time, data-driven decision-making. Its solutions span electric vehicle monitoring, asset and fleet tracking, cold chain management, fuel monitoring, and energy optimization, catering to sectors such as EVs, logistics, and manufacturing. ThingsUp has implemented over 40 IoT use cases, enabled fleet management for more than 2,000 vehicles, and supports upwards of 100,000 connected devices across diverse industries. The platform integrates with 15+ OEM smart device partners and works closely with over 10 EV OEMs and auto component manufacturers, reinforcing a robust partner ecosystem.

Funding rounds

Latest round (Seed): $ 0.60 Mn (₹4.96 Cr.), 2022-12-13. Investors: Silverneedle Ventures, GSF Ventures, Lead Angels Fund, Udyat Ventures