Announced
Completed
Financials
Sources
Tags
Minority
Private
Private Equity
Venture Capital
Completed
India
internet of things
Software
Acquisition
Cross Border
Friendly
Synopsis
Tiger Global, a global investment firm, led a $19m Series B3 round in Infinite Uptime, an Indian industrial IoT startup, with participation from Mayfield, GSR Ventures, VenturEast and THK. “This investment is a strong validation of our business strategy and growth potential. This will enable us to invest heavily into fundamental research & product development, expand our capabilities and overall expertise, helping us deliver more value and exceed the needs of our customers in an ever-evolving market,” Raunak Bhinge, Infinite Uptime Founder and CEO.
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