IoT startup ThingsUp raises $600-K from Silverneedle, Udyat Ventures, others
Pune-based ThingsUp has raised USD 600,000 in a seed round from Silverneedle Ventures, Udyat Ventures, Lead Angels, GSF (an existing investor), and other angels. The investment will be used to double down on product development, improve sales and strengthen operations teams. ThingsUp will also launch two more solutions focusing on solving EV OEM's problems related to vehicle performance, diagnostics and Compliance. ThingsUp is currently focusing on the electric mobility and cold supply chain logistics segment.
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