Gaia Smart Cities
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Gaia Smart Cities - overview
Established
2015
Location
Mumbai, Maharashtra, India
Primary Industry
Electronics
About
Gaia Smart Cities develops advanced technologies to enhance urban living through smart city solutions, utilizing data analytics and IoT for improved city management and public services. Founded in 2015 in Mumbai, India, Gaia Smart Cities focuses on creating integrated solutions for urban challenges. The company has completed 4 deals with its latest funding round of INR 19. 40 mn raised on July 16, 2018, bringing the total amount raised to INR 19.
40 mn and a current valuation of INR 600. 445 mn. Radhika Agarwal is the founder of the company. Gaia Smart Cities specializes in innovative solutions aimed at enhancing urban living through smart city technologies.
Their core products include integrated platforms that utilize data analytics, IoT (Internet of Things) devices, and AI (Artificial Intelligence) to optimize city management and improve public services. These products address various urban challenges such as traffic congestion, energy efficiency, waste management, and public safety, serving municipal governments, urban planners, and private developers across Europe, North America, and Asia. In the most recent year of 2023, Gaia Smart Cities reported revenue of INR 778,879. 70.
The company’s revenue model is based on subscription services and long-term contracts with governmental and private sector clients, focusing on comprehensive smart city packages tailored to specific urban needs. Gaia Smart Cities aims to launch new products designed to further enhance urban management capabilities, with specific release dates to be announced in the coming months. The company is planning to expand into new markets in Europe and Southeast Asia by the end of 2024. The funds raised in July 2018 will be utilized to support these product developments and market entry strategies.
Current Investors
Netcore Solutions Pvt. Ltd.
Primary Industry
Electronics
Sub Industries
Electronic Components, Connectivity Software
Website
www.gaiasmartcities.com
Verticals
Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Gaia Smart Cities - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,614,194 | 16,347,429 | 33,421,178 | 50,221,854 | 52,240,637 | 25,862,631 | - | - | - |
| % Revenue Growth (YoY) | - | 147.2% | 104.4% | 50.3% | 4.0% | (50.5%) | - | - | - |
| EBITDA (USD) | (9,797,607) | (23,598,417) | (4,399,405) | 10,913,121 | 7,118,479 | 1,972,825 | - | - | - |
| Operating Income (USD) | (9,980,580) | (25,711,777) | (8,972,989) | 4,177,926 | 1,544,936 | (3,305,348) | - | - | - |
| Operating Margin | (150.9%) | (157.3%) | (26.8%) | 8.3% | 3.0% | (12.8%) | - | - | - |
| % EBITDA Margin | (148.1%) | (144.4%) | (13.2%) | 21.7% | 13.6% | 7.6% | - | - | - |
| NET Income (USD) | (9,985,220) | (25,831,941) | (9,789,580) | 13,702,568 | 652,013 | (7,636,910) | - | - | - |
| % Net Margin | (151.0%) | (158.0%) | (29.3%) | 27.3% | 1.2% | (29.5%) | - | - | - |
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