Angel Investments
Manufacturing automation startup Marj Tech raises Rs 2.55 Cr led by JITO Angel Network
New Delhi-based Marj Technologies has raised INR 2.55 crore in a seed round led by JITO Angel Network, along with Agility Ventures and another individual investor. Marj Technology aims to help manufacturing companies to automate their end-to-end processes. The startup plans to use the new funds for its manufacturing intelligence platform and ecosystem, driving the decision-making in manufacturing plants based on gathered data using IIoT and providing AI-based macro and micro-level insights on top of it.
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