Selligion Technologies raises Rs.5-Cr led by Malpani Ventures

Mumbai-based Selligion Technologies has raised INR 5 crore in a pre-Series A round led by Malpani Ventures, which put in INR 3 crore. The new funds will be used for research and development and the expansion of the production facilities. Founded in 2020 by Naman Chakraborty, Selligion claims to have developed Praho, a hybrid cloud-based computer. The device will be available to Indian students for INR 399 or less, allowing them to study, learn, browse, and code.