IPV invests in SaaS startup Mushin Innovative Labs

SaaS startup Mushin Innovative Labs has raised $250,000 in a seed round led by Inflection Point Ventures.

The funds will be used to strengthen sales and marketing operations, accelerate research and development, and drive product innovation, Mushin Innovative Labs said in a press release.

Co-founded in 2019 by Rachit Srivastava and Aman Batra, Mushin Innovative Labs is a SaaS startup focused on empowering the automotive manufacturing industry with advanced digital solutions. The platform aims to foster innovation, enhance collaboration, and support sustainable growth for its clients. Through its flagship platform, Mushin AQUA, the company helps Tier I and Tier II manufacturers optimize compliance processes and improve quality management, leading to significant operational efficiencies and cost reductions of up to 85%.

The Delhi-based company says its platform is designed to meet the stringent requirements of IATF, VDA, and ISO compliance, offering a highly customizable solution tailored to each factory's specific needs. Operating in a market with no direct local competition, Mushin AQUA also integrates AI/ML capabilities to enable paperless operations, predictive analytics, and enhanced efficiency.

Mushin Innovative Labs operates both in India and globally, delivering state-of-the-art compliance and quality management solutions to Tier 1 and Tier 2 automotive manufacturers. The company claims to drive digital transformation and support sustainable growth for prominent automotive brands in a competitive global market.

Mushin Innovative Labs has reportedly secured partnerships with 15 leading automotive brands and onboarded 70 factories within two years. The company has also garnered interest from prestigious global OEMs, including Volkswagen, Skoda, Volvo, JCB, and Aston Martin.