Altor Tech
Smart Mobility| Bridge
Kolkata, India
Altor Tech is a Shark Tank–backed, NASSCOM-incubated smart mobility startup developing IoT-enabled smart helmet solutions that elevate the riding experience for two-wheeler users.
The company holds a granted patent in mobility systems and is backed by IIM Calcutta and SIDBI, reinforcing its deep-tech credibility. Operationally break-even and poised for scale, Altor is emerging as one of India’s most trusted ventures in connected mobility, well-positioned to capture the growing demand for rider-centric technology in the world’s largest two-wheeler market.
Core Team
Shamik Guha
CEO | Founder
B.Tech (Electronics & Communications Engineering)
7+ years of experience in smart mobility innovation and product development
TEDx Speaker | Shark Tank India Finalist | Ex–Source Code Developer at IIT Bombay (FOSSEE Scilab2C Toolbox)
Aninda Ghosh
CTO
M.S. (Robotics & Autonomous Systems – AI), Arizona State University
B.Tech (Electrical, Electronics & Communications Engineering)
7+ years of experience in hardware, firmware, and software engineering
Staff Engineer at MediaTek
Key Highlights
Revenue (FY'25)
INR 1.5 Cr
Patented Technology
Units Shipped
20,000
Shark Tank-Backed
Operationally Break-Even
OEM Partners
Vega & TVS
Key and Current Investors
Key Clientele
Deal Details
Current Deal Round
Bridge
Round Size
INR 2 Cr (1 Cr committed)
Instrument
CCD
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
Floor: INR 25 Cr| Cap: INR 40 Cr
Discount terms: Till 6 months- 10%| 6-18 months- 20%| After 18 months- 30%
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners
Chayan Kapoor
Manvi Shukla
Documents
Pitch Call Recording
Media
Shark Tank backed IoT & AI-enabled smart helmet maker Altor gets Venture Catalysts as their investors
India’s first, largest and pioneering integrated incubator and accelerator platform Venture Catalysts recently invested in Altor, a startup that builds IoT and AI-enabled smart helmets. Currently catering to the B2B segment, Altor aims to make the life of two-wheeler riders safe, thereby enabling increased business efficiency and better fleet management.
