Browsing: Innovation Ecosystem

Enmovil raises $6 million in Series A funding led by Sorin Investments

Hyderabad: Enmovil, a full-stack AI supply chain planning and visibility startup, has raised Rs 52 crore (approx. $6 million) through a Series A funding round led by Sorin Investments, an early stage Indian venture capital firm co-founded by former KKR India CEO Sanjay Nayar and Caravel Group COO Angad Banga. Capria Ventures and Twynam also participated in the funding round.

Deeptech startup Comminent raises $2 million from Transition VC

Internet of Things (IoT) communications startup Comminent currently focuses on the smart metering segment, and plans to expand into large-scale deployments such as smart street lighting and water metering, founder Amarjeet Kumar told ET. It is targeting revenue of around Rs 300 crore over the next three years.