Ineda Systems

The Hyderabad-based company, Ineda was founded in 2010 which creates IP chips for wearable’s and IoT market segment. The startup builds low-power system on chip (SOC) for utilization of both consumer and enterprise applications. The firm disclosed that is has become skilled in low-power SOC/IP development, architecture and software which are significant in designing silicon and systems.

Last April, Ineda, received $17 million U.S. dollars from Walden-Riverwood Ventures, Samsung Catalyst Fund, Qualcomm Ventures, IndusAge Partners and Imagination Technologies combined.

ConnectM

ConnectM has its headquarters in Bangalore; it is a M2M technology solution, Business Intelligence as well as a services company.  ConnectM’s pre-built applications are utilized by over 40 clients to run assets/machines. Its application together with its deceives from its eco-system partners provides customer a one-stop-shop for M2M needs. The startup has delivered M2M solutions to a diverse number of domains which includes telecom, energy, utilities, industrial, construction, transportation market segments and IT/ITeS enterprises.

 ConnectM is backed by IDG Ventures and Sasken.

Flutura

Based out of Bangalore and the U.S., Flutura is a Big Data analytics solutions company that focuses on altering operational outcomes through monetizing machine data. This process is performed by triangulating economic impactful signals from a various data pools. The firm caters to a number of industries which include oil and gas, utilities, smart buildings and heavy industries.

The startup is funded by The Hive.

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