India, Aug. 13 -- IoT solutions-focussed deeptech startup Comminent has raised $2 Mn (INR 17.5 Cr) in an undisclosed funding round from Transition VC.
Comminent said in a statement that it will deploy the fresh proceeds in ramping up its hiring efforts, strengthen its manufacturing automation and build inventory to serve the surge in demand with scale and speed.
The funding will also enable the Bengaluru-based startup to roll out its offerings in smart city applications such as smart lighting, water metering, and intelligent infrastructure management.
Founded in 2018 by Amarjeet Kumar and Vikas Kashyap, Comminent is building device agnostic IoT communications network infrastructure for smart metering, smart lighting, water metering, an...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.