Fabric IoT

Fabric IoT is an innovative technology company specializing in Internet of Things (IoT) solutions for the electric vehicle (EV) and clean technology sectors. It operates primarily in the Indian market, serving a wide range of clients including OEMs, fleet operators, battery manufacturers, and finance and leasing companies.

Core Products and Services

• SaaS Solutions: The company offers a software-as-a-service (SaaS) platform that supports smart city initiatives, smart home integrations, and future mobility solutions.

• Operational Intelligence: Through its Intellicar product, Fabric IoT empowers companies in the EV domain to become IoT-ready within minutes, enabling real-time monitoring and analytics for over 250,000 connected EV assets.

• Energy Network Solutions: Its Buzz Energy division is focused on building an extensive energy network to facilitate EV charging across homes, offices, and commercial spaces, accelerating EV adoption.

Business Model & Revenue Streams

Fabric IoT operates on a multi-faceted business model, combining direct sales, SaaS subscriptions, and data-driven services to create recurring and scalable revenue streams. Its primary revenue sources are:

• Direct Sales: The company generates upfront revenue through the sale of IoT devices and network infrastructure to businesses and municipalities.

• SaaS Subscriptions: Its core platform is offered as a subscription service, providing continuous access to analytics, monitoring, and management tools for clients. This recurring revenue model boosts customer retention and ensures a stable income flow.

• Data Monetization: Fabric IoT leverages the vast data collected from connected EV assets to offer advanced analytics and operational intelligence, which can be monetized through premium features, outcome-based pricing, or value-added services.

• Energy Network Services: Through Buzz Energy, the company may also generate revenue from EV charging infrastructure, potentially using a pay-per-use or subscription model for access to its charging network.

Customer Segmentation

Fabric IoT primarily targets B2B customers, including:

• Original Equipment Manufacturers (OEMs)

• Fleet operators

• Battery manufacturers and swappers

• Finance and leasing companies

• Smart city and smart home solution providers

Growth Strategy

• Market Expansion: Fabric IoT is focused on scaling its platform across India’s rapidly growing EV and smart city markets.

• Product Innovation: Continuous investment in R&D enables the company to enhance its platform capabilities, integrate new data analytics features, and support emerging mobility solutions.

• Strategic Partnerships: Collaborations with leading industry players, municipalities, and technology partners strengthen its ecosystem and drive adoption.

• Scalability: The SaaS model and data-driven approach allow for rapid scaling without significant incremental costs, supporting both organic and partnership-led growth.

Competitive Differentiation

Fabric IoT differentiates itself through its deep focus on the EV sector, its ability to process massive volumes of data, and its integrated approach to both hardware and software solutions.While many competitors emphasize warehouse automation or general logistics, Fabric IoT’s specialization in EV infrastructure and operational intelligence for mobility networks positions it uniquely within the Indian and broader Asian markets.

Summary

Fabric IoT is a cleantech innovator at the forefront of IoT-powered EV infrastructure and smart mobility solutions. With a robust SaaS platform, a large and growing base of connected assets, and a commitment to data-driven innovation, the company is well-positioned for continued growth and industry leadership. Its multi-channel revenue model, strong B2B focus, and strategic market positioning make it an attractive prospect for investors, researchers, and industry professionals seeking to engage with the future of smart transportation and clean technology in India.