IoT security solutions provider Ikin Global attracts $2-M from Unicorn India Ventures, Callapina, AW

Kochi-based smart lock and IoT security solutions provider Ikin Global has attracted USD 2 million in a Pre-Series A2 funding round led by Unicorn India Ventures, Callapina Capital and AWE Funds.Founded in 2012 by Nibu Alias, Ikin Global operates in the B2B (business-to-business) smart security space, focusing on protecting cargo and assets across supply-chain and logistics networks. The company sells tamper-proof smart locks and intelligent bolt seals that provide real-time intrusion alerts, geo-fencing capabilities, mobile-based access control and end-to-end audit trails.The company plans to use the capital to expand into international markets, accelerate product development, scale manufacturing capacity, and strengthen its operations.