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).
IOTRL Connect Private Limited, incorporated on April 6, 2021, operates in the IT sector, specializing in application development and software solutions. It is known for the SafetyConnect platform, an AI-driven safety analytics tool aimed at improving field-force safety. Significant enterprise clients include Gilbarco Veeder-Root and Cargill. For the fiscal year ending March 2025, the company reported a 190.59% increase in net profit, despite a 6.49% drop in total revenue. No registered charges or legal issues were found.
AI-generated, may contain errors.
Business Overview
- 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.
Sector & Classification
IT / Computer Related Services — application development & software solutions (Tofler: "Computer Related Services"; TheCompanyCheck: "Information Technology")
Directors & Key Management
Directors — source notes
Source conflict between registries, likely reflecting a board change over time — mark partial: - Tofler (current snapshot): Santosh Rahulan (DIN 00004767); Thanmai Deekshith Duvalla (DIN 06972734) — both shown with ~5-year tenure, no exit dates given. - TheCompanyCheck (current snapshot): Thanmai Deekshith Duvalla (DIN 06972734, appointed 06 Apr 2021); Raghuram Adalath (DIN 10225801, appointed 05 Jul 2023). Thanmai Deekshith Duvalla (DIN 06972734) is the one director confirmed by both sources as continuously on the board since incorporation. Santosh Rahulan vs. Raghuram Adalath is an unresolved discrepancy (possibly Rahulan resigned and Adalath was appointed in 2023, with Tofler's cache not refreshed) — not verified from a primary filing.
GST Registrations
Not obtained. GSTIN lookup attempts on knowyourgst.com, findgst.in and mastersindia.co did not return results in this session (404/no data); PAN (needed to derive the GST state code) was also not disclosed by any source fetched.
Financials
IOTRL Connect Pvt Ltd experienced a 190.59% increase in net profit despite a decline in total revenue and EBITDA by 6.49% and 6.6% respectively in FY 2025. Net worth decreased 7.96% while borrowings rose 47.15%. Total assets grew by 3.46%.
AI-generated, may contain errors.
| 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. |
Funding History
- Not obtained. A Tracxn lookup for round names returned no accessible page (404) in this session
- No other source in scope, Entrackr/Inc42/Moneycontrol, surfaced a funding announcement for IOTRL Connect / SafetyConnect during this research pass.
Credit Ratings
- Not obtained / none found. No CRISIL, ICRA or CARE rating surfaced for this entity in any source checked — consistent with it being a small, early-stage private company that likely has no external debt rating.
Competitive Landscape
- 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.
Frequently Asked Questions
What does IOTRL Connect Private Limited do?
IOTRL Connect Private Limited is the Indian entity behind the SafetyConnect platform. SafetyConnect is an AI-powered field-force safety analytics platform for large enterprises, offering Driving Safety, Process Safety, and Forklift Safety solutions. Its marketed outcomes include significant reductions in road accidents and increases in field-force productivity.
What is the CIN for IOTRL Connect Private Limited?
The CIN of IOTRL Connect Private Limited is U72900TG2021PTC150339.
When was IOTRL Connect Private Limited incorporated?
IOTRL Connect Private Limited was incorporated on 06 April 2021.
What is the registered office address of IOTRL Connect Private Limited?
There are conflicting addresses for the registered office of IOTRL Connect Private Limited. Tofler lists it as 'P no. 18, Krishna Nagar Colony, Picket, Secunderabad, Hyderabad, Telangana, 500000', while TheCompanyCheck provides 'WeWork Rajapushpa Summit, Sy. 130P & 115/1P, Nanakramguda Road, Financial District, Serilingampally, Telangana, 500032'. This likely indicates an address change over time.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.