IoT tech firm Singularity Automation raises Rs 8.5 crore funding

Date posted: Friday 13 March 2020

Internet of things technology provider Singularity Automation has raised Rs 8.5 crore in pre-Series A funding from IvyCap Ventures as it looks to build IoT products such as smart door locks and other sensors for consumers. The company said it will utilise the capital to work with manufacturers to build IoT products for the consumer segment that can be plugged into its platform.

(ET Tech)