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IoT startup WEGoT raises $2 Mn seed funding

Internet of things (IoT)-based water management startup WEGoT has raised $2 million in a seed funding round led by Kumar Vembu, Shyam Shekar, and Brigade Enterprises. The Chennai-based startup would deploy the funds to strengthen its product portfolio and expand its employee base.

Founded in 2015, WEGoT provides residential and commercial buildings with a comprehensive water management solution that can track individual usage, and remotely shut water supply via smartphone using cloud technology. (Source)

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