8 Indian Entrepreneurial Ventures that Raised over 1 Mn USD in 2016

BENGALURU: Undeniably, startups have earned its fair share of attention in business marketplace owing to the spirit, recognizition, and innovation it continues to proffer. As a result, more and more youngsters are taking up the role of entrepreneurs, and earning kudos from all over the world. Their hard-work and potential to success could be gauged by the fact that, a sea of investors are also placing trust over these budding tech businesses to risk millions of dollars as  investment. Here’s a peep on the tech startups and the invested figures that are shockingly higher than they ever have been,” reports Entrepreneur.  

USD 4 million for IoT and M2M Solutions

A Pune based startup—Altizone—which deals with IoT and M2M Solutions received Private equity from Wipro Ventures and Lumis Partners worth 4 million USD in early February. This startup offers promising options in revolutionizing loT & M2M solutions.

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