Startup: Spintly

Spintly, a company co-founded by Rohin Parkar and Malcolm Dsouza, uses cutting-edge technology to power smart building systems and wireless, cloud-based access control solutions.

Established Year: 2017

Sector: Proptech

Funding Round: Seed

Funding News: Cloud-based Proptech Startup 'Spintly' uplifts 3.5 crore in Seed Funding

Investors: Accel India, Chakra Growth Fund, Alumni Ventures, and Doctor Technology.

Prior to this, Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest had contributed $5.36 million to the company.

According to a press release from Spintly, the fund raised will be used to broaden the application of the company's AI and machine learning-powered smart building solutions, strengthen senior management roles, and expand the company's market reach. By leveraging the need for legacy systems by utilizing IoT, Edge AI, and smartphone-based technology, it creates smooth and effective user experiences.

Its solutions have already been implemented throughout 24 million sq.ft of space, catering to over 500 clients worldwide & over 0.5 million users.