Angel Investments
Waste sorting tech co Ishitva raises $1-M led by IP Ventures
Ahmedabad-based robotics startup, Ishitva has raised a Pre-Series A round of over USD 1 million led by Inflection Point Ventures. Ishitva Robotic Systems (IRS) is an OEM operating in the space of dry waste sorting technology. Many waste management and plastic value chain players and veteran professionals also participated in the round including Kamaljyot Investments Ltd (a subsidiary of Excel Industries Ltd), Gandhi Family from GRP Ltd, AVI Global Plast Pvt Ltd, Anup Gulati COO at Quality Maritime Provider Lda., Harinder Arya President & Div CEO – Major Capex & Pressure Control at Joulon, Sanjay Kamlani Serial Investor and Founder of Pangea3 and Mohan Ayyangar: Operations Lead – GDS EY India. The funds raised will be utilised by the start-up in growing sales and expanding the R&D team. Ishitva uses artificial intelligence, machine learning and IoT to build efficient solutions which help in sorting complex waste, systematically sorting out waste and assessing the quality of recyclable waste.
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