KIOT is a one stop Internet Of Things Technology and Manufacturing partner for Smart Home Brands and Electronic Appliance Manufacturers seeking to launch their own smart products in 3 weeks time.
Current Status
KIOT is white labelling its products and IoT solutions to more than 100+ Smart Home Brands on its platform. KIOT is also providing smart pcb solutions to 21+ leading electronic appliance manufacturing brands in India. KIOT has more than 250+ SKU in Smart Home Segment and 40+ PCB solutions on its platform today.
Problem or Opportunity
Every existing electronic appliance brand/manufacturer in the market is seeking to launch a smarter version of their products, there is a dire shortage of expertise, time to market and huge R&D required by these companies owing to duplicacy and wasted efforts and investment with no guaranteed outcome.
Solution (product or service)
KIOT acts as one-stop end to end IoT technology and manufacturing partner for the companies that are lacking in-house IoT expertise, seeking to launch smarter version of their products at near zero delta costs to their existing products in shortest span of time without any product development risks and affordable costs.
Business model
KIOT is in the business of white labelling Smart Products and solutions to Smart Home Brands on a Transaction basis with a Gross Margin of 55% in Fully Finished SKU's and 30% in Smart PCB solutions to electronic appliance manufacturers.
