PE-VC Fund Investments
IoT security solutions provider Ikin Global attracts $2-M from Unicorn India Ventures, Callapina, AW
Business Line Inc42 Ikin Global
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.
Between Oct 2023 and Nov 2024, Ikin Global had attracted about $1.31 M from Callapina Capital, Unicorn India Ventures and others.
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