A group of four techno-management enthusiasts at IIT KGP have launched an IoT-based start-up Alive Home Technologies to revolutionise the smart home space in India. The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.
Alok and Poonam from the Rajendra Mishra School of Engineering Entrepreneurship, Ankit from Dept. of Electronics and Electrical Communication and Ravi from Dept. of Electrical Engineering are studying at IIT Kharagpur and at the same time working at the Institute’s Innovation Lab on their vision to build cutting edge high-end technology highly cost effective and taking it into the hands of lower middle-class Indians also, who currently only dream of such services. They are working on creating a cost effective complete smart home solutions, which are smart, reliable, durable and the same time secure.
Their product named LIFE, is a combination of a smart switch module that replaces the traditional and mundane switches in the home and can be controlled using the app interface. The unique quality of the app is that it functions seamlessly in the absence of the internet also. The app provides user access, control and real-time energy analysis of all the appliances and helps them save a significant part of their electricity bill, whilst making their lives much more convenient and hassle free. It is very useful for a working couple with small children and old age parents in their homes. The app also notifies the user in case of any unusual activity, for eg. if AC or TV is on while the user is not at home or no one is using it then it sends an alert to the app to the user and the user can take the suitable actions. It also gives suggestions based on user pattern.
Poonam Gupta, Co-founder of Alive Home is confident about the market potential of LIFE. “The team has a vision of transforming various industries, after changing the way of operation at homes in India. We aim to reform, agriculture, health, mining and other industries and make their company a pioneer in the field of IoT,” said Gupta. “We have been bootstrapping till now and are talking to investors to raise funds,” added Gupta.
Alive Home has approached IIT Kharagpur to convert to world’s first smart campus through installation of LIFE. A demonstration has been given to the Head of Hall Management Centre at the IIT Kharagpur, Prof. S K Pal. “The product is highly satisfactory and has immense potential in the field of IoT. However, implementing at the campus would require further discussions and permission for installation and maintenance. Further talks will be held in this regard,” said Prof. Pal.
The team are also in talks with numerous real estate builders, who have shown interest in their product and their value of proposition. MoUs with some builders are in the process of signing for LIFE smart home product to be installed in sample flats.
“As the advisor of their master’s thesis project, I would say that Poonam and Alok earnestly undertook the task of this technology product development. They are highly persistent by nature that helped them in overcoming several hurdles in building Alive Home Technologies Pvt. Ltd. They possess the qualities of a successful entrepreneur and have created a co-founding team of likeminded people with Ankit and Ravi. Most importantly, such efforts are in sync with the make in India campaign and I am sure they will be able to translate it into reality while wishing the very best in all their endeavours” - Dr. P K Dan who acts as the mentor of the group
The team has won best innovative product in a Business Model Competition conducted by Entrepreneurship Cell, IIT Kharagpur and Silver in a B-plan competition conducted by Kshitij, the Techno-management fest of IIT Kharagpur.