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Ottomate - About the company

Ottomate is a series A company based in Gurugram (India), founded in 2017 by Rakesh Malhotra, Vishal Sehgal, Radhakrishna Adyanthaya and Amit Khosla. It operates as an Online platform offering smart fans and other home appliances. Ottomate has raised $6.08M in funding from Lakshya Holdings and R M Funds, with a current valuation of $*****. The company has 257 active competitors, including 50 funded and 11 that have exited. Its top competitors include companies like Atomberg, Bidgely and Smart Joules.

Company Details

Online platform offering smart fans and other home appliances. They offer standard,portable and exhaust fans for homes. It also offers mobile application to control and manage appliances.
Social
XFacebook
Email ID
*****@ottomate.com
Phone Number
+91 **********
Registered Address
WZ-106/101, Rajouri Garden Extension, New Delhi, New Delhi, Delhi, India, 110027
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Series A
Total Funding
$6.08M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 14, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
5 as on Jul 31, 2025
Similar Companies
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Ottomate's funding and investors

Ottomate has raised a total funding of $6.08M over 3 rounds. Its first funding round was on Jul 15, 2019. Its latest funding round was a Series A round on Sep 14, 2021 for $*****. 5 investors participated in its latest round. Ottomate has 5 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Ottomate:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 14, 2021
2297802
Series A
4457740
5944291
3455370
6437948
Sep 30, 2020
5045431
Series A
7631321
1179136
5274511
Jul 15, 2019
7665735
Series A
2838200
4143886
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Ottomate's founders and board of directors

Founder? Claim Profile
The founders of Ottomate are Rakesh Malhotra, Vishal Sehgal, Radhakrishna Adyanthaya and Amit Khosla. Vishal Sehgal is the CEO of Ottomate.
Here are the details of Ottomate's key team members:

Ottomate's Board of Directors

Ottomate's board has 5 active members. Vishal Sehgal, Sunil Bhalla, Amit Khosla and Vishal Sehgal are part of team and Kishore Das is independent board member.
Here is the list of Ottomate's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 2m
Team
-
Current
8y 6m
Team
-
Current
9y 2m
pjjquid
Team
-
Past
3y 2m
fdpw{k{
Team
-
Past
2y 1m
Investor
-
Current
2y 5m
Independent board member
-
Current
2y 5m
ybdpudx
Independent board member
-
Past
2y 7m
aigouhp
Independent board member
-
Past
8y 2m
nqtplxy
Independent board member
-
Past
5y 3m
udldmpn
Independent board member
-
Past
3y 2m

Ottomate's employee count trend

Ottomate has 5 employees as of Jul 25. The total employee count is 74.0% lower than what it was in Jul 24. Here is Ottomate's employee count trend over the years:
Employee count trend for Ottomate
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Ottomate's Competitors and alternates

Top competitors of Ottomate include Atomberg, Bidgely and Smart Joules. Here is the list of Top 10 competitors of Ottomate, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Atomberg
Atomberg
2012, Mumbai (India), Series C
Manufacturer of energy efficient ceiling fans kitchen appliances smart locks
$119M
77/100
2nd
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
71/100
3rd
Logo for Smart Joules
Smart Joules
2014, Delhi (India), Series B
Provider of AI-powered energy efficiency solutions for commercial buildings
$20.7M
69/100
4th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
66/100
5th
Logo for Vertiv
Vertiv
1946, Westerville (United States), Public
Provider of power, thermal, and IT infrastructure solutions and services
-
64/100
6th
Logo for CyanConnode
CyanConnode
Cambridge (United Kingdom), Public
Provider of narrowband radio frequency mesh networks for IoT communications
$5.43M
63/100
7th
Logo for Green Revolution Cooling
Green Revolution Cooling
2009, Austin (United States), Series C
Provider of oil immersion cooling for data centers
$43M
57/100
8th
Logo for Redaptive
Redaptive
2015, San Francisco (United States), Series E
Provider of Energy-as-a-Service solutions that finances, deploys, and manages energy infrastructure
$733M
60/100
9th
Logo for Aedifion
Aedifion
2017, Cologne (Germany), Series B
Provider of cloud platform for building operation and energy efficiency
$32.8M
58/100
10th
Logo for Zenatix
Zenatix
2014, Gurugram (India), Acquired
Smart energy monitoring and analytics
$1.74M
56/100
64th
Logo for Ottomate
Ottomate
2017, Gurugram (India), Series A
Online platform offering smart fans and other home appliances
$6.08M
36/100
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Ottomate's Latest cap tables and shareholding

Founders (largest shareholder) own 33.32%, Funds own 22.93%, Enterprises own 25.36% and Other People own 18.41%. The net worth of Ottomate's founders is INR 21.2Cr as of Sep 14, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
33.32%
21.2Cr
1711344
7330521
8161553
6342923
Fund
22.93%
14.6Cr
6272686
3662089
7634842
6708389
2130122
2817156
5654295
6034703
3065850
5780549
880707
978131
967369
821912
764447
705891
Enterprise
25.36%
16.2Cr
5707978
5643624
3594092
6115529
Other People
18.41%
11.7Cr
3960700
4483271
4315930
6049501
Total
100.00%
63.7Cr
7999479
5267397
3476452
2201542
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Ottomate's Shareholding

Ottomate's Investments and acquisitions

Ottomate has made no investments or acquisitions yet.

Reports related to Ottomate

Here is the latest report on Ottomate's sector:

News related to Ottomate

•
Ottomate Introduces Smart FansAdAge India•Apr 23, 2019•Ottomate
•
Ottomate launches smart fans in IndiaDigit•Mar 06, 2019•Ottomate
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