Smartron, India’s first global technology OEM and IoT brand today celebrated its 1 year anniversary of the public launch of the company and introduction of tbook, tphone, and ttab devices and tronx IoT platform. This also marked the expansion of the R&D and other operations with the opening of the new corporate headquarters located in the financial district, Hyderabad. This facility was inaugurated by Shri K Taraka Rama Rao Hon’ble Minister of IT, industries, MA & UD and NRI Affairs Government of Telangana in the presence of founder Mahesh Lingareddy and Co-founders Narsi Reddy Posham and Rohit Rathi along with several other dignitaries including Shri Jayesh Ranjan Principal Secretary Industries and Commerce (I&C) and Information Technology(IT) Government of Telangana.
This expansion is a step towards building a stronger base to support the R&D and innovation to create a smart product ecosystem. Smartron, In the last two years, went from inception to 200+ team, raised 100Cr+ investment capital, launched three devices and the tronx, roped in Sachin Tendulkar and Sanjay Jha and clocked 50Cr+ revenues in its first fiscal. That is an impressive feat for an Indian startup. The Company also showcased its tronX IOT ecosystem with several devices and services planned for launch this year. Smartron, over the next 18 months, intends to more than double its workforce and capital spend