Industrial IoT co Hakuna Matata raises $1-M from Hardcastle Petrofer

Chennai-headquartered digital transformation services provider Hakuna Matata Solutions (HMS) has raised USD 1 million from Mumbai-based industrial oil and chemical company Hardcastle Petrofer. HMS will utilise the funds to build digital solutions and frameworks to meet increasing market needs. It will also utilise the funds to improve its IIOT (Industrial Internet of Things) product offering. Hakuna Matata provides digital transformation solutions to companies in the manufacturing, distribution and logistics sectors.