IoT Startups of Bengaluru Lure Investors

Comments Off on IoT Startups of Bengaluru Lure Investors 15

Four of sixteen IoT startups mentored by India Electronics and Semiconductor Association (IESA) and The Indus Entrepreneurs (TiE), Bengaluru receives funding. The organizations said it was a promising start for IoT startups, ventures that create solutions that allow devices to talk to each other.

Bengaluru-based SenseGiz has raised $600,000 from Japanese investor New Indigo Ventures and Karnataka Semiconductor Venture Capital Fund (Karsemven). SenseGiz’s flagship product Find is a track-and-find Bluetooth tag that can be used to prevent losing keys, bags and laptops.

Cardiac Design Lab, an ambulatory cardiac monitoring and diagnosing system, and Xenon Automotive, a startup that drives a better experience for car owners, have also each raised up to a $1 mil lion, sources said. E-wallet provider Paytm recently invested $10 million in logistics data analytics firm LogiNext Solutions. Read more

Tagged with: , , ,
Sweekar S

View all contributions by Sweekar S


Similar articles

Get in Touch

Phone: +91 80 4093 6921