Smartron opens new corporate office in Hyderabad

Smartron, India’s first global technology OEM and IoT brand today opened a new corporate headquarters located in Hyderabad.

This facility was inaugurated by K Taraka Rama Rao, 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 Jayesh Ranjan, principal Ssecretary, industries and commerce (I&C) and information technology(IT), government of Telangana and other dignitaries.

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 Rs 100 crore+ investment capital, launched three devices and has roped in Sachin Tendulkar and Sanjay Jha. The company has clocked Rs 50 crore+ revenues in its first fiscal. 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.

The Telangana state government has agreed to assist and extend incentives and subsidies to Smartron for its business activities through various technology, manufacturing and IoT policies.

Speaking on the association Mahesh Lingareddy, founder and chairman said, “This office expansion and MoU signing is a step closer towards making Smartron a global product technology brand based out of India. We will continue to build an innovation led ecosystem through tronX, an AI powered IoT ecosystem andhave an aggressive roadmap of products and services in the next 1 year.”

Narsi Reddy Posham, co-founder & managing director said, “We are glad to be associated with Govt. of Telangana and we believe this association will bring a lot of strength and innovation to what we do.”