VC Fund Investments
Sustainable engg co Illumine-i raises Rs.17-Cr led by Anicut Capital
Chennai-based Illumine Industries Pvt Ltd (Illumine-i), a sustainable design and engineering firm, has raised INR 17 crore (about USD 2 million) in a Series A round from Anicut Capital. Illumine-i will use the new funds to focus on automation, digitisation, expansion into new markets and for improving asset quality.Founded in 2015 by Nithish Sairam and Sudarsan Krishnan, Illumine-i offers structural and electrical engineering expertise for power plants, energy storage systems, and distribution components.
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