Company Intelligence Profile
Iotrl Connect Private Limited
IOTRL Connect Private Limited is the Indian entity behind the "SafetyConnect" platform (also referenced as IOT Research Labs on the SafetyConnect site; per TheCompanyCheck it operates as an Indian subsidiary of IOTRL Research Labs Inc., a Delaware, USA-incorporated parent).
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Iotrl Connect Private Limited |
|---|---|
| CIN | U72900TG2021PTC150339 |
| PAN | Not obtained (no source disclosed PAN) |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 06 April 2021 (Source: Tofler, TheCompanyCheck — both agree) |
| ROC | RoC Hyderabad (Telangana) — Tofler labels it "RoC Telangana", TheCompanyCheck labels it "RoC Hyderabad"; same registry, consistent |
| Sector (NIC) | IT / Computer Related Services — application development & software solutions (Tofler: "Computer Related Services"; TheCompanyCheck: "Information Technology") |
| Registered address | Conflicting addresses across sources — Tofler: "P no. 18, Krishna Nagar Colony, Picket, Secunderabad, Hyderabad, Telangana – 500000"; TheCompanyCheck: "WeWork Rajapushpa Summit, Sy. 130P & 115/1P, Nanakramguda Road, Financial District, Serilingampally, Telangana – 500032". Likely an address change over time (registry snapshots taken at different dates); not independently reconciled. |
| Authorized capital | ₹17,00,000 (₹17 lakh) — confirmed by Tofler and TheCompanyCheck |
| Paid-up capital | ₹51,250 — confirmed by Tofler and TheCompanyCheck |
Business Overview
Confirmed- IOTRL Connect Private Limited is the Indian entity behind the "SafetyConnect" platform (also referenced as IOT Research Labs on the SafetyConnect site
- per TheCompanyCheck it operates as an Indian subsidiary of IOTRL Research Labs Inc., a Delaware, USA-incorporated parent)
- SafetyConnect is an AI-powered field-force safety analytics platform for large enterprises, offering: (1) Driving Safety — monitors and scores unsafe driving behaviour of field employees/fleets to cut road incidents
- (2) Process Safety — incident reporting, permit-to-work and hazard management
- (3) Forklift Safety — operator behaviour and warehouse accident-hotspot analytics
- Marketed outcomes on its site include "80% reduction in road accidents" and "30% increase in field-force productivity" (self-reported, unverified)
- Disclosed enterprise clients: Gilbarco Veeder-Root, Cargill, Schindler Group, Saint-Gobain, Mondelez International
- Operating presence in Hyderabad, India and Lewes, Delaware, USA
- Source: safetyconnect.io (official site), TheCompanyCheck
Directors
Partial / conflictingSource conflict between registries, likely reflecting a board change over time — mark partial:
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Santosh Rahulan ; Thanmai Deekshith Duvalla | 00004767 | both shown with ~5-year tenure, no exit dates given. | - |
| Thanmai Deekshith Duvalla | 06972734 | - | 06 Apr 2021 |
Financials
Partial / conflicting- Only YoY percentage changes were accessible (Tofler, FY ending Mar-2025 snapshot
- absolute ₹ figures are paywalled behind "Tofler Pro" and were not obtained from any free source): Total Revenue down 6.49% YoY
- EBITDA down 6.6% YoY
- Net Profit up 190.59% YoY
- Net worth down 7.96% YoY
- Borrowings up 47.15% YoY
- Total Assets up 3.46% YoY
- Margin ratios (latest FY, Tofler): Net Profit Margin 7.03%
- Operating Margin –0.13%
- Gross Margin 0.27
- Return on Equity 7.53%
- Debt-to-Equity 0.18
- Standalone vs. consolidated basis not specified by source
- No absolute revenue/PAT ₹ figure obtained — flagged as partial/gap
Charges / Loans
ConfirmedNo charges or secured borrowings are registered against this company's assets.
Competitors
Partial / conflicting- Based on general market knowledge of the AI-driven fleet/field-force driving-safety analytics category (not confirmed via a fetched source in this session, so treat as indicative rather than sourced): Netradyne (larger scale, well-funded US/India AI dashcam-safety player), Samsara (large-scale US-listed IoT fleet platform), Motive/KeepTruckin (large-scale US fleet-safety platform), Nauto (mid-scale AI driver-safety, US), LocoNav (comparable-scale India-based fleet-telematics/safety platform), GreenRoad Technologies (mid-scale legacy driver-behaviour analytics)
- IOTRL/SafetyConnect appears to be a smaller, India-based player by revenue/funding scale relative to Netradyne/Samsara/Motive
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