Company Research Report: Syook

Company Overview

• Name: Sparkyo Technology Private Limited (operating as Syook)

• Mission: To enhance the competitive advantage of organizations by partnering with them in their digital transformation journey, empowering clients with avant-garde knowledge-based solutions for scalable, seamless workplace operations.

• Founded: In 2016

• Founders: Arjun Nagarajan, Saurabh Sharma, Aman Agarwal

• Key People:

• Arjun Nagarajan - Co-Founder & CEO

• Aman Agarwal - Co-Founder & CTO

• Saurabh Sharma - Co-Founder & COO

• Headquarters: Bengaluru, Karnataka, India

• Number of Employees: No information is available

• Revenue: No information is available

• Company Known For: Providing innovative, high-value digital technology solutions for operations excellence, particularly through RTLS (Real-Time Location Systems) and IoT (Internet of Things) technology for diverse industries.

Products

InSite Platform

• Description: Real-time location systems (RTLS) and IoT platform for operations management.

• Key Features:

• No-code platform to customize workflows without coding.

• High-grade visibility into operational metrics.

• Compliance engine for rule management and alerts.

• Data-driven reports and analytics.

Syook Devices

• Description: A suite of BLE anchor-gateways and other IoT devices for optimized data collection and management.

• Key Features:

• Edge computing and GPS-enabled variants.

• IPX protection and PoE support.

• Designed for quick deployment with flexible tracking capabilities.

Marketplace

• Description: Platform for digital transformation by building bespoke IIOT and RTLS solutions.

• Key Features:

• Integration options with various external systems like ERP, SAP, etc.

• Solutions for specific use cases like people management, asset management, and contractor management.

Key Solutions

• People Management: Monitors movement and locations within facilities.

• Asset Management: Tracks assets to improve resource utilization and reduce search time.

• Truck-in Truck-out (TiTo™): Manages logistics with paperless gate passes and real-time tracking.

• Hazardous Area Solution: Ensures safety in compliance-critical zones with certified hardware.

Recent Developments

• Funding: Raised $1M in Series A funding from Inflection Point Ventures and ONGC in August 2021 to fuel growth in international markets and enhance the engineering team.

• International Expansion: Pursuing growth particularly in the Middle East and Southeast Asia markets.

• Partnerships: Collaborations with prominent companies such as Microsoft, Accenture, Siemens, and Bosch for digital transformation projects.

• Awards and Recognitions:

• 1st Prize in Skoda VW Imobilithon Contest (Oct 2021).

• Listed in the RTLS space by the Markets & Markets survey.

• Top 3 Startups in the Bosch DNA program.

• Won the NASSCOM Supply Chain Management Award in March 2021.

Key Locations

• India: 4164, 14th Main Rd, HAL 2nd Stage, Indiranagar, Bengaluru, Karnataka 560038

• UAE: 17th Floor, World Trade Centre, Hamdan Street, Abu Dhabi

• Qatar: Lusail Twin Towers Floor 9, Office 902, Building A. PO 3565, Doha

• Europe: Beedstraße 54, 40468 Düsseldorf, Germany

Contact Information

• Email: [Info@syook.com](mailto:Info@syook.com)

This report presents a high-level view of Syook, capturing its core offerings and strategic movements in the global market, with a foundation rooted in digital transformation and operational efficiency.