Smartron, India’s first global OEM and IoT brand has invested in Hyderabad based IoT startup MiQasa.
MiQasa designs and develops smart things for home right from smart switches, locks, cameras, lights, appliances and controls for home automation and will now be christened tronX things, a Smartron company.
This partnership is in line with Smartron’s vision of building a strong product ecosystem in India and extending the capabilities of the tronX platform to promising startups to showcase their products through a global platform. Both companies are built on strong pillars of ‘designed and engineered in India’ and this synergy will enable them to work together to bring world class products and solutions for home automation in India.
MiQASA, founded in April 2015 has designed and produced smart switchboards that are retrofittable to the existing home power systems and has been selling them across India for more than 6 months. Many other smart things for home are under development.
Commenting on the partnership, Mahesh Lingareddy, founder and chairman, Smartron said, “Smartron was founded with a vision of building a strong product ecosystem in India across IoT verticals ranging from personal to home to health and infrastructure and this association with MiQASA is one more step in that journey. We want to be known as a company that is building a strong startup network in the country and collaborating with promising startups in different ways to deliver world class products and solutions leveraging our tronX platform. We welcome MiQASA to the Smartron family and look forward to building TronX Things as a core part of the tronX ecosystem and tronifying homes across India for smarter living.”
Santosh Kumar Patil, founder and president, MiQASA said, “We are excited to be a part of the tronX family and charting out a common journey together- of creating Smart Products for Smart Living. Smartron is the first Indian company building an AI powered IoT platform in India and this partnership would definitely enable us to push the boundaries of AI and machine learning, thereby bringing in world class solutions for smarter living in India.”