PE-VC Fund Investments
Mobility-tech player Six Sense Mobility raises $4.8 M led by Ashish Kacholia
New Delhi-based Six Sense Mobility has raised around USD 4.8 million (INR 44 crore) in a Pre-Series A funding round led by investor Ashish Kacholia, with participation from existing investor Piper Serica Angel Fund.Founded in 2022 by Sumit Roy, Kapil Rao, and Narendra Kumar Verma, Six Sense Mobility manufactures and supplies hardware, firmware, and software designs for smart mobility solutions directly to automotive original equipment manufacturers (OEMs) and fleet operators.The company plans to use the new capital to build a new electronics manufacturing plant in Noida, which will have an initial production capacity of 1 Mn units annually. Funds will also be allocated to improve R&D and engineering capabilities, and enhance focus on product quality, testing, and compliance.
In Aug-2024, Six Sense Mobility had attracted about INR 6 crore from Piper Serica.
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