SenRa, a New Delhi based IoT startup that offers LoRa network connectivity services, is planning to connect all of India’s 100 planned smart cities in the next couple of years. LoRa or long range low power wireless technology is considered as key to Internet of Things networks worldwide.
“We are hopeful to achieve that (100 smart cities) by 2020 as we achieved our first milestone earlier than planned,” says Ali Hosseini, the CEO and Founder of SenRa.
What Ali referred to as the first milestone was the company’s success in connecting 30 cities with LoRaWAN (LoRa Wide Area Network). The cities include Delhi, Mumbai, Bangalore, Pune and Chandigarh besides others.
The company started rolling out its network in November 2017 and after completing 30 cities in December 2018, it’s next target is to connect 60 cities by 2019. With 30 city connectivity, the company has pocketed more than10 customers in this short span of time.
“This is critical to have a country wide network that can sustain applications that will be built upon IoT and M2M (machine to machine) and LPWAN is the answer” advocates Ali, whose company is also a founding member of the LoRa Alliance.
“And we know sooner or later India will have to have that,” he adds.
Ali says though IoT in India is at a very nascent stage, the pace of adoption by various industry verticals is too encouraging. He feels it is the IIoT or industrial IoT that will drive the growth in the coming times.
“We believe India poses a $15 billion IoT market by 2020 and of this IIoT will drive 3 to 4 billion in quick future,” Ali says citing some third party reports.
SenRa, an FDI backed firm, is not limiting itself to lay out the network. It is also working with various industry segments to see their applications work as desired.
The company is currently conducting a pilot for Chandigarh Traffic Police for offering smart parking solution, and Ali says the results are ‘phenomenally successful’.
“Once this is complete we would take this to other cities including Delhi NCR,” he says.
SenRa runs from an office in New Delhi having its partner’s office in the US. The company had revenues of $1.5 million in FY 2017-18 and it expects to double that this year.