Private Equity

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US-based maker of smart cribs for infants Cradlewise raises $12-M from 3one4 Capital, others

Economic Times   Cradlewise  

San Jose, CA (USA)-based Cradlewise has raised USD 12-M in a round led by 3one4 Capital and Prudent Investment Management.Founded in 2017 by Radhika Patil and Bharath Patil, the company develops smart cribs with an integrated baby monitor. The firm's technology uses artificial intelligence to learn a baby's sleep patterns and automatically soothe infants before they fully wake up.

In Nov 2021, Cradlewise had attracted about $ 7 M from Footwork, Others.For FY25, Cradlewise had reported about INR 15 Cr in Operating Income and about INR 1 Cr in PAT.