Videonetics Technology Pvt. Ltd.

Videonetics Technology Pvt. Ltd. is an Indian firm specializing in advanced video management solutions, integrating AI and IoT technologies to optimize security and operational efficiency across various sectors. Founded in 2008 and headquartered in Kolkata, India, Videonetics Technology Pvt.

Ltd. develops innovative video management solutions. The firm has undergone significant growth and was acquired by Florintree from GenNext Ventures Fund for INR 1150 million in September 2023. Tinku Acharya, the founder, has previously established other technology ventures.

As of now, the company has executed three deals, raising a total of INR 1150 million, with the latest funding round being a Secondary Buyout on September 14, 2023. Videonetics is known for its Unified Video Management Platform, a comprehensive suite that leverages Artificial Intelligence, deep learning, and IoT to provide real-time insights for sectors such as aviation, education, and banking. Their product offerings include AI-Enabled Video Analytics, Traffic Management Systems, Face Recognition Systems, and Video Surveillance as a Service (VSaaS). These solutions enhance security and streamline operations in over 80 airports, 150 cities, and various enterprises across India, the Middle East, and Asia, connecting over 300,000 cameras and monitoring more than 25,000 traffic lanes.

In the most recent financial year of 2022, Videonetics reported a revenue of INR 4,782,725. 40, with an EBITDA of INR 2,924,161. 50. The company's revenue model is primarily based on subscription services and software licenses for its video management solutions, typically structured in annual contracts that include maintenance, customization, and training programs.

Following the recent acquisition on September 14, 2023, Videonetics plans to leverage the funding to accelerate its international expansion. The company aims to introduce new products and enhance its technology offerings to capture emerging markets and extend its global reach.