Abhay Pandey, Managing Director, Sequoia Capital India Advisors, said "Smart LEDs are the next frontier in lighting solutions. iBahn has identified a massive opportunity that exists in the LED Lighting market today and created a product that is easy to use and very locally relevant. Sequoia India is excited about partnering with this team in a high potential market."
"Svarochi" is a Sanskrit word which means "brilliant appearance" and "own ray". Svarochi Smart Lights aspire to make spaces beautiful creating the perfect lighting effect for every room and every occasion using your Smartphone. All aspects of the product, right from the software to design and technology are conceptualized, developed and manufactured in India. Aiming to become a ₹5,000 million company in six years, iBahn will roll out its offerings pan India in a phased manner.
iBahn will be launching a series of ‘Lamps' and ‘Downlighters' this month, with more to follow. These lights can be controlled through their app that will be available on Android and iOS.
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