Hyderabad has become the second choice for startups as Bangalore is facing so many problems with congestion and infrastructure. These problems have pushed startups to look for new alternatives and Hyderabad is the second best option to operate from after Bangalore in India. After the global tech summit held in Hyderabad, the city is slowly becoming a global destination for technology businesses and entrepreneurs.
In terms of IT, ITES and IoT industry, the city is ready to beat our Silicon Valley, Bangalore and houses more than 500 IoT startups in the city. However this is not the exact figure but we can say proudly that this city has huge potential for startups. In our research we found 20 promising Internet of things startups in Hyderabad having genuine business model and operating for 3+ years in the city.
List of IoT Startups in Hydrabad
| # | Company | Address | Founded |
| 1 | Possibillion Software | Banjara Hills, Punjagutta | 1998 |
| 2 | Axelta | Suhana Rockdale,Somajiguda, Khairatabad | 2013 |
| 3 | VotaryTech | Hi-Tec City, Hyderabad, Andhra Pradesh | 2009 |
| 4 | Gray Logic | Aditya Trade Center, Ameerpet | 1999 |
| 5 | IotRL | IIIT Campus,Gachibowli, | 2017 |
| 6 | Techimax | Plot No.: 72, Jaagruti Colony, Kondpur | NA |
| 7 | AmpTronics | Kashyap Apts., Jaffer Ali Bagh,Somajiguda, | NA |
| 8 | Megasoft | Cyber Gateway Madhapur | 1994 |
| 9 | Innominds | NA | 2009 |
| 10 | devrabbit | Sagar Society,Road No.2, Banjara Hills, | 2016 |
| 11 | Smartron | ICICI Towers,Nanakram Guda, Financial District | NA |
| 12 | Altiux | NA | 2013 |
| 13 | Quantela | NA | NA |
| 14 | SmartBridge | Above HDFC Bank, Nacharam Main Road | NA |
| 15 | Tbipi | ICICI Bank Sekhar’s Arcade, Opp. Beeramguda Kaman | 2017 |
| 16 | Globaledge | Raheja Mindspace IT Park, Cyberabad | NA |
| 17 | virtuTech | NA | NA |
| 18 | Lantronix | Hi-Tech City Vittal Rao Nagar Madhapur, | NA |
