Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Ola ex-employees look forward to build smart homes and offices with their startup, Habitro Labs

Ola ex-employees look forward to build smart homes and offices with their startup, Habitro Labs

The Indian market is maturing, thus making it easy for the new generation of entrepreneurs to establish their startups. The former employees of Ola, the transportation network company, have come up with one such idea of forming their own company – Habitro Labs. Co-founder and CEO, Mrinal Kashyap said that with Habitro Labs they are aiming to work together to build smart homes with the help of IoT technology.

Because the smart home market in India lacks the presence of a global brand, Habitro will have a better chance at establishing itself as a trusted brand among Indian consumers backed by advanced technology and reliable after-sales service. Other than that, Habitro is currently serving as a marketplace to several solutions being offered by small vendors. The company also has plans to develop its own products which will be later marketed at attractive price points to the Indian market. Habitro’s smart home solutions are categorised into four sections based on their functionality, i.e. comfort and convenience, energy saving, safety and security, and entertainment. The solutions are designed to be compatible with Amazon’s Echo speakers, Alexa voice assistant, and Google Home speakers.

Habitro was founded in December 2018, and presently it is a team of ten people running the company. As mentioned by Kashyap, they have been able to generate Rs 1 crore in revenue over the past four months with good profit margins. In its seed funding round, the company is looking forward to raising $2 million and using that to work on its expansion and develop its product lines.


Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...