• Pontaq invests Rs 5.5 crore in Dweepi and Edgehax to fuel deeptech innovation
• Funds to boost tech development, engineering teams, and enterprise deployments
• Both startups receive a second round of backing from Pontaq

Pontaq Ventures has invested Rs 5.5 crore (about $660,000) in two Indian deeptech startups Dweepi and Edgehax, to support their next phase of growth. The new capital will help both companies strengthen product development, scale their technology, and expand deployments across India and global markets. This is Pontaq's second round of investment in both firms.

Pontaq, headquartered in Chennai, has built a strong deeptech-focused investment portfolio with more than 190 startups, including over 140 deeptech ventures across India and the UK. The fund invests heavily in areas such as AI, IoT, robotics, edge computing, and enterprise automation, while helping its portfolio companies access international markets through its UK-India corridor strategy.

Dweepi specializes in robotic railway track, inspection systems. Its solution uses automation and AI to monitor rail tracks, providing real-time insights that help safety critical infrastructure operators shift from reactive to predictive maintenance.

Edgehax, on the other hand, develops modular Edge AI platforms that bring compute, connectivity, and storage together. Its technology supports enterprises running real-time automation, AI applications, and distributed intelligence at the edge.

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Pontaq said the investment will enable both companies to grow engineering capabilities, expand enterprise deployments, and enhance tech stacks to meet rising demand for deeptech solutions.

The fund also operates across the UK, India, the US, and Canada, investing across sectors such as clean tech, health tech, fintech, and deep tech while offering hands-on support and access to global customer networks.

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