ABB invests undisclosed sum in IIT-incubated startup through its VC fund

Date posted: Friday 1 June 2018

ABB has invested an undisclosed sum in IIT-Madras incubated Bengalaru-based startup, Stellapps Technologies, through its venture capital unit, ABB Technology Ventures (ATV). This is ATV’s first investment in India. The Bengaluru-based startup is building automated tools leveraging Internet of Things (IoT) and advanced analytics to improve milk production and quality for the country’s dairy farms, collection centres and processors.

(Business Standard)