Pune based industrial IoT platform Altizon has raised $7 million in Series A round led by Singapore subsidiary of TVS motor company ( Singapore) Pte. Limited.
The automobile manufacturer has invested $2.5 million in Altizon in exchange for a 14.4% stake. This is amongst the TVS group’s first set of investments in IoT startups. Altizon’s existing investors, Wipro ventures, The Hive and Lumis Partners also participated in the funding round. (Source)
Started his professional career from an edtech startup, Harsh has more than four years of experience with the startup ecosystem. He loves to play with numbers, chase data-driven stories and coin new terms. Currently based in Gurugram, he can be reached at [email protected]
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