Enterprise tech co Syook raises $1-M from ONGC, IP Ventures

Syook, a Bengaluru-based enterprise tech startup, has raised USD 1 million in its Series A round from ONGC and existing investor Inflection Point Ventures. The new funding will be used for enhancing and scaling up the engineering team. Syook helps large companies in operations across the supply chain using modular, no-code-IOT platform. Hindustan Unilever, Reckitt Benckiser, FIAT and the Tata group are some of the customers that work with Syook. The startup is also growing in the Middle East and South-East Asia.