VC Fund Investments
Data analytics startup Probus raises $3-M from Unicorn India Ventures, angels
Delhi-based IoT (Internet of Things) communications and data analytics startup Probus Smart Things, which focuses on smart grid applications, has raised USD 3 million from existing investor Unicorn India Ventures and various US-based angel investors. The funds will be used for strengthening product research and development, and for expanding the team and marketing partnerships. Probus develops integrated hardware and software solutions for utility providers, helps digitise their distribution grid, and enables visibility of their network through an integrated IoT platform.
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